7 tips to help you get cheap motorcycle insurance

It is important that you get your money’s worth when it comes to purchasing motorcycle insurance. Please note that a cheap policy may not provide sufficient coverage. Below are some tips that can help you save money on your motorcycle insurance. Read on for more information.

Choose a cheaper bike

Older or smaller bikes don’t use as much power as they use smaller motors. This also makes your insurance cheaper. In fact, most engines are easier to maintain and replace. Aside from this, smaller vehicles don’t cause much injury or damage in an accident. On the other hand, this may not be the case with classic or expensive bikes.

Avoid modified motorcycles

Your premiums put more of a strain on your wallet if you have a custom bike. The reason is that these modifications can make it more expensive to repair or replace your bike. In addition, these bikes are easier to steal by thieves.

Apart from this, imported vehicles are also more expensive when it comes to insurance. Therefore, it is much better to avoid unusual or modified vehicles if you want to be on the safe side.

Limit your mileage

If you ride your motorcycle a lot, you will have to pay higher insurance premiums. The reason is that you don’t have to go to your insurer to get the repair money. So limiting your mileage is a good idea.

Pay annually

You can save a lot of money if you choose to pay your insurance premium in one go. The reason is that you do not have to pay interest with this method.

Improve the safety of your motorcycle

Improving your motorcycle’s security can save you a lot of money on your insurance policy. Therefore, you may want to equip your vehicle with an immobilizer and alarms to keep thieves away. In addition, you can also install a tracker. This will help you get your bike back if someone steals it.

While this will cost you money, the money saved on your insurance policy will be much higher.

Park in a safe place

You may want to store your bike in a safe place, such as your shed or garage. This makes your vehicle a lot safer.

Name the lead rider of your motorcycle

If you have an inexperienced or young driver on your policy, you may have to pay higher insurance premiums. On the other hand, an experienced driver will have to pay lower premiums.

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So what you need to do is clearly identify who the primary driver of your motorcycle is. And if you don’t follow this tip, it will be taken as a form of insurance fraud, resulting in your claims being rejected.

In short, these are a few tips that you may want to consider when you are going to take out motorcycle insurance. Hopefully, these tips will help you get cheap insurance.