How can I find the companies offering low-cost motorcycle insurance coverage?


Compared to auto insurance, motorcycle coverage in most states is really cheap, with a few exceptions. States where the incidents of motorcycle theft are high, such as Florida, California and Texas, have higher than the national average motorcycle insurance rates.

However, although the state where you live matters, there are many other, equally important factors that can affect your premiums.

Shopping for Low-Cost Motorcycle Coverage

There are a few tips that you can make use of, when looking for the best deal offered by motorcycle insurance companies.

  • First and foremost, remember that motorcycle insurance costs may vary widely from insurance company to insurance company. This is why you need to shop around, and compare quotes offered by different motorcycle insurers.
  • Things that you take for granted and which are outside your control, such as your age, occupation, marital status, the neighborhood where you live, matter to motorcycle insurers and they can strongly affect your premium costs. If you are under 25, divorced or single, and park your bike in an area notorious for many incidents of theft, the insurance company will most likely boost your motorcycle insurance premium. Contrary, if you are married, live in a safe neighborhood, are older than 25 and have a clean driving/riding history, you will most probably be offered motorcycle insurance at lower rates.
  • There are a few other things you can do to lower the insurance costs - make sure you take advantage of all the discounts you are eligible for and choose higher deductibles. If you take a training course for motorcycle drivers, you might get up to 15 percent off your premiums. You might also get a further discount for being a member of a motorcycle club.
  • Always make sure you check the history and credibility of the insurance companies you are considering. Insurance rating agencies publish regular reports evaluating each insurer's performance.
  • Last but not least, if you have automobile insurance, you might ask your insurance company if they offer motorcycle coverage. Most of them do and you will probably be given some discount.
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