Welcome, visitor! [Register | Login

Cost of Motorcycle Insurance

Motorcycle October 20, 2014

Evaluating the cost of motorcycle insurance is probably the second biggest decision you will make when purchasing a new or used motorbike. A good insurance policy can protect you financially in the event of an accident. Not only will you be able to find coverage to fix or replace your motorbike in the event of an accident, you will also be able to find coverage that can take care of medical expenses if you are injured.

Motorcycle insurance is not required in every state if you can believe that. Even if the state you live in does not require riders to be insured, it is always in your best interest to make sure you are covered. Anything can happen on the road and if it does you will want to know that you are covered for any accident. Without insurance you could be liable for any damage done to other vehicles, injuries related to the accident, and damage to your own motorbike.

So how is the cost of motorcycle insurance determined by the insurance company? Insurance companies look at several factors to determine the cost of the insurance policy. Your age, the type of motorbike you wish to insure, your driving record, and even where you live is a determining factor in the cost of your policy.

If you plan to insure a motorcycle such as a brand new Indian RoadMaster, then you can expect higher than normal premiums as compared to insuring a 2000 Honda Goldwing. Even the size of the engine is a determining factor. Basically, the faster the bike the more you are going to pay.

Insurance companies also pay close attention to your driving record. Even if you have never owned a motorcycle before, they still check how good or how bad of a driver you are behind the wheel of a car. They check for accidents, speeding tickets, and any type of moving violation you might have had. The cleaner your record, the better your chances are of finding a relatively low insurance policy.

Luckily, many insurance companies offer discounts for those individuals who have completed certain motorcycle safety training courses. Many state motor vehicle departments offer these courses for a small fee. Check your state motor vehicle department website for more information on motorcycle safety courses.

The cost of motorcycle insurance can be best determined by getting quotes from as many companies as you can find. Many insurance companies offer online quotes that only require you to fill out a short form. But sometimes you can get a discount with the insurance company you are already with. If you already have your home, car, and other insurance through a certain company, they may be able to offer you  a discount.

Find a Used Motorcycle For Sale

  • Best Motorcycle Trailer

    by on October 27, 2014 - 0 Comments

    Looking for the best motorcycle trailer that will last for years? Choosing the best motorcycle trailer can be a difficult task. There are many different models and brands available that all say they are the best but how do you know which is the best? What specific aspects of the trailer should you examine before […]

  • Classifieds Scam Alert

    by on January 26, 2015 - 0 Comments

    Classifieds Scam Alert! In dealing with anything, it is always wise to be cautious about scams and scam artists especially when buying or selling online. Classified ads have become a favorite target for scammers, even motorcycle ads. There are various ways that con artists use to try to steal your money when buying or selling […]

  • Best Motorcycle GPS

    by on October 26, 2014 - 0 Comments

    There are many GPS systems available today that claim to be the best. The majority of these systems work great in cars and trucks but what about motorcycles? Which systems work the best? In this article we will examine the best motorcycle GPS systems. When you think of using a GPS unit in your car […]

  • Motorcycle Winter Storage

    by on October 29, 2014 - 0 Comments

    When winter is fast approaching, that means it’s almost time to put our motorcycles up for the season. But we can’t just park our motorcycles in the garage and forget about them until spring rolls around. We have a few things we need to do to our motorbikes before we can go inside and sip […]

  • Fastest Electric Motorcycle

    by on October 28, 2014 - 0 Comments

    Electric motorcycles are now leading the industry in speed. What is the fastest electric motorcycle? I know for certain that the fastest production electric motorcycle is the Lightening LS-218. This thing is scary fast. It’s top speed is a smoking 218 mph and generates 200 horsepower. Not only is it the fastest electric motorcycle, it […]