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Cheap Motorcycle Insurance
Finding cheap motorcycle insurance policies is not a myth! There are a number of things that you can do to lower your premium and so save a few coppers to spend where you really want to. Take notice of the tips below and your chances of finding a lower premium are guarenteed!
- Shop around aggressively. Hard negotiation is the key to cheap motorcycle insurance. Don’t forget to record your research
- Check if the manufacturer of your motorcycle is running any special motorcycle insurance. You will certainly find cheaper motorcycle
insurance in these instances
- Watching your mileage will help. Brokers generally offer discounted rates for people who don't use their motorcycles that much.
(If you ride under 5000 miles a year, some insurers will give extra discounts, and if you do less than 3,000 miles a year on your bike you
may be entitled to a discount of up to 10%)
- Keep your speed down and avoiding getting points on your license will help you to get discounted motorcycle insurance.
- Phone the insurance brokers before they phone you This way you are in a better position to negotiate
- Always compare like for like cover. This will help you really find the best bargain as all motorcycle insurance cover is
different. i.e. excess amounts, cover level, business use etc
- Build and protect a no claims bonus as soon as possible. This will have a significant impact on your ability to get cheap motorcycle
insurance
- Try and synchronize ALL your vehicle and insurance purchasing. This will mean that all your bills will come at the same time but
you will save on victim rates if you trade vehicles mid policy, you will have more negotiating power and best of all it gives you an
additional years NCB
- The more secure you can prove your motorcycle is the more secure your bank balance will look. If you store your bike in a garage
you may also be entitled to a discount from 5% to 10% depending on your circumstances
- Use an insurance approved lock and alarm combination.This will lower your premium
- Become less of a liability by completing an advanced riders training programme and enrol in motorcycle safety course. You
will be able to find insurance that offers discounts as a result of this training
- Buy third-party, fire and theft insurance instead of fully comprehensive cover.It is worth comparing quotes on this account,
especially if your motorcycle was very cheap to buy and it will mean more competitive motorcycle insurance
- Buy extra excess on your policy. This will help you find cheap motorcycle insurance, but beware, it’ll cost if you claim
- Reduce your coverage during winter if your bike is off the road.
The most important thing to remember in finding cheap motorcycle insurance is to be persistent and thorough. Don’t give up! I would recommend that you also read my motocycle insurance tips , as it is all useful in negotiating cheap motorcycle insurance that will leave enough spare change for the things that you really want!