How to Customise Your Motorcycle Insurance

19 November 2007

Everyone wants the best insurance premium! So how do you go about getting it? Because motorcycle insurance has always been a high-risk, premiums are calculated differently to that of a car. Knowing these factors can help you customise your insurance.

Lets take a look at a few of the factors that influence your premiums…

The Age of the Rider!

How long the owner has operated a motorbike is a major factor! First-time bikers will be charged higher premiums despite their age. To save money on coverage, it is advisable to take a motorcycle driving class through a legitimate track school. Find out more though your local bike shops!

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Lowering Your Motorcycle Insurance Costs

19 November 2007

Ideally, the way to get a good deal on your motorcycle insurance is to make sure that you know what the cost of insuring a motorcycle is before you buy it. By being aware of the ongoing costs, the buyer can make informed choices about what the purchase is going to cost in real terms and how other alternative compare. I am not saying that we should all be extremely sensible and buy a 50cc scooter when what we really want is a big bore sports motorcycle, but some insurance costs can be avoided without sacrificing too much performance.

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What Comprises a Motorcycle Insurance Quote?

19 November 2007

A motorcycle insurance quote is based on the type of insurance coverage a motorcyclist requires. The most basic element of an insurance quote for motorbikes is the liability coverage which includes coverage for bodily injury per person, bodily injury per accident and property damage coverage per accident. It is always a good idea to obtain more extensive liability insurance than what the law requires because drivers can sue other drivers who injure them in accidents and minimum liability insurance does not cover this risk.

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What do you know about motorcycle insurance?

31 October 2007

I spoke with my auto insurance agent this morning (at American Family). She said the following:

1. Full coverage insurance on an everyday 2004 (500cc) Honda Motorcycle would run me about $130/year.

2. I can’t get any kind of coverage on a sport bike until I’ve had my motorcycle license for 10 years; and even if I did, it would cost me $1,000/year.

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