Saturday, November 28, 2009

Facts About Low Cost Motorcycle Insurance In Your State

By Kimberly Kochera

Every motorcycle owner would like to find low cost motorcycle insurance, but he's concerned about the quality he'll receive. Don't worry, low cost insurance doesn't sacrifice quality, it just saves you money. There are low cost policies for sports motorcycles, choppers and tour bikes.

Top of the line low cost insurance will include comprehensive, collision and liability coverage, even though, the state only requires liability. You'll be able to ride your motorbike without worrying about what will happen if you have a wreck. Be sure you know if your policy pays you the price of a new motorcycle or just the devalued price of your motorcycle if it is wrecked.

Insurance companies look at different things to determine the cost of your motorcycle coverage. For example, they take into consideration the type and brand of motorcycle that is being insured, what the bike is used for, how often it is used and the annual mileage that is put on it.

There is one thing you need to keep in mind. It is difficult to find an inexpensive policy for a custom chopper or a bike with non-factory enhancements. Coverage for these things are not included in the low cost insurance policies.

Are you looking for ways to lower your monthly premiums? Discounts are given for belonging to a recognized motorcycle association or for taking a driver training class. One of the best things you can do is drive carefully so you won't have any accidents or tickets on your record. Always remember that it is harder to become low risk again, than it is to stay low risk.

A number of different companies have said you can save money on your insurance by comparing the insurance rates of different companies. Follow this advice, and see if you can save a couple of hundred dollars on your six month insurance policy.

You can also save money on your motorcycle insurance by doing these things. Many companies will give you a good discount if you insure more than one vehicle with them. They also offer discounts for using protective motorcycle safety gear or for having anti-theft devices on your motorcycle. If you purchase several policies, ask them to include roadside assistance.

Once you find a low cost motorcycle policy, make sure you keep it low cost. Keep from having accidents and getting tickets so that your driving record remains clean. A strong credit rating will help you stay low risk. Store your bike inside instead of parking it on the road. The risk of it being stolen is much lower. Keep your bike in good repair.

Drive cautiously, compare prices and stay low risk. Just doing these three things will help you find a low cost motorcycle insurance policy today.

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