Where can you find cheap motorbike insurance? Certain factors affect how the companies can rate your premium like :
1) Your motorbike - like cars, if you have the most recent, flashiest more expensive bike then you'll pay a higher price. If you're new to bikes, it is a sensible plan to go for an older model to start out with. Apart from reducing your insurance costs, it is better to practice your new skills on an older bike than a newer machine.
2) How long you posessed your license? If you have only just got your licence the chances of you being involved in an accident are statistically higher and this will make the insurance broker nervous. You'll enhance your risk profile if you complete some advanced riding courses and post your certificates to your insurance company.
3) Your age - again statistically teenagers and younger drivers are more prone to have accidents thanks to immaturity combined with a lack of riding experience. Not all younger drivers behave recklessly but they do end up paying the price of the others. All you can really do is establish that you're responsible and mature by not getting into any hassle and steering clear of collisions. Build up your no claims bonus is one way to reduce future premiums.
4) How you plan to use your bike? - If you are going to ride to work each day, you will pay higher costs than someone who solely uses it for casual outings at the weekend. The issue doesn't always lie with the rider however with irresponsible vehicle drivers who appear to think motorbike owners are each invisible and invincible,if they run over you, you will walk away. Sadly as we all know this is not the case. Also where you park your motorcycle will have an effect on your policy.
5) Your driving history will be taken into account as well as any collisions you had whereas driving a vehicle. Yes I know it's like comparing apples and oranges however the underwriters are looking for trends.
So now you know how they asses your insurance costs , what different tricks will you use to drive down your premiums?
You need to look around for quotes as they'll vary considerably from one insurer to the next. You need to increase your deductibles. If they see that you are prepared to take on some of the risk, they can reward you with lower costs.
If possible strive to fit security devices to your motorcycle to help avoid it being stolen i.e. alarms and immobilizers'. Leave your bike in the garage and not on the drive. If you do not use the motorbike to get to work, you should qualify for a discount as your mileage and so your likelihood of being in a collision is reduced.
One more way to improve your costs is to make positive you're not over insured as some insurance policies such as your household or medical could provide overlapping cover. Cheap motorbike insurance is available; you now know how to find it! - 30329
1) Your motorbike - like cars, if you have the most recent, flashiest more expensive bike then you'll pay a higher price. If you're new to bikes, it is a sensible plan to go for an older model to start out with. Apart from reducing your insurance costs, it is better to practice your new skills on an older bike than a newer machine.
2) How long you posessed your license? If you have only just got your licence the chances of you being involved in an accident are statistically higher and this will make the insurance broker nervous. You'll enhance your risk profile if you complete some advanced riding courses and post your certificates to your insurance company.
3) Your age - again statistically teenagers and younger drivers are more prone to have accidents thanks to immaturity combined with a lack of riding experience. Not all younger drivers behave recklessly but they do end up paying the price of the others. All you can really do is establish that you're responsible and mature by not getting into any hassle and steering clear of collisions. Build up your no claims bonus is one way to reduce future premiums.
4) How you plan to use your bike? - If you are going to ride to work each day, you will pay higher costs than someone who solely uses it for casual outings at the weekend. The issue doesn't always lie with the rider however with irresponsible vehicle drivers who appear to think motorbike owners are each invisible and invincible,if they run over you, you will walk away. Sadly as we all know this is not the case. Also where you park your motorcycle will have an effect on your policy.
5) Your driving history will be taken into account as well as any collisions you had whereas driving a vehicle. Yes I know it's like comparing apples and oranges however the underwriters are looking for trends.
So now you know how they asses your insurance costs , what different tricks will you use to drive down your premiums?
You need to look around for quotes as they'll vary considerably from one insurer to the next. You need to increase your deductibles. If they see that you are prepared to take on some of the risk, they can reward you with lower costs.
If possible strive to fit security devices to your motorcycle to help avoid it being stolen i.e. alarms and immobilizers'. Leave your bike in the garage and not on the drive. If you do not use the motorbike to get to work, you should qualify for a discount as your mileage and so your likelihood of being in a collision is reduced.
One more way to improve your costs is to make positive you're not over insured as some insurance policies such as your household or medical could provide overlapping cover. Cheap motorbike insurance is available; you now know how to find it! - 30329
