Motorcycle Articles

Having a motorcycle can mean some really great times riding in the wind, but it can also mean more chances of being seriously injured or even killed in an accident. In 2009 more than 4,900 people were killed as the result of a motorcycle accident. The majority of these accidents involved other vehicles.

This is the number one reason that anyone operating a motorcycle needs to have a good insurance policy in place at all times. Even if your state does not make it mandatory to carry it, with the increasing possibility of an accident, having a policy in place is a smart decision to make.

In addition to protecting you from an accident, motorcycle coverage will also cover the costs of replacement if your motorcycle is stolen. Statistics show that motorcycle theft is increasing each year, and 25% of those motorcycles are never recovered. Insurance makes sure you’re not left out in the cold.

What Does It Cost?

Now that you know how important motorcycle insurance is to have, you are probably wondering just how much it is going to cost you. The answer isn’t a simple as offering a number to you. Motorcycle insurance rates, just like car insurance rates, are determined by a number of different factors. Rates will be different for each person based on these factors.

Factors Affecting Your Rates

Your age, gender, type of motorcycle, driving history, insurance history, miles your motorcycles is driven per day, city that you live in, credit score, and additional varying factors.

Experienced drivers typically pay less than those without it. Sorry guys, but you can also expect to pay an average of 30% more than female drivers. If your driving record includes moving violations, it’s going to hurt when it is time for insurance.

Just one driving infraction can cause a premium increase of as much as 40! And that amount increases every time something is added to your report. Moving violations that could affect your insurance rates include DUI, at-fault accidents, and speeding.

Those who have allowed their policies to lapse or be canceled before the policy expired can also be subject to higher than normal rates.

Your rate increase the more you drive! Also, the big and famous Harley’s are probably going to cost more, too. The brand of motorcycle does have a large part in premiums.

Saving Money On Car Insurance

No matter what your premium will be, you can rest assured knowing it is far less than a motorcycle accident is going to cost you. And don’t forget the other benefits of a policy!

Comparing rates is the number one way motorcycle drivers like yourself save hundreds of dollars per year on their policies. It is quite possible to fill out one easy form and get as many as 10 different quotes, all in a matter of 10 minutes! Of course you can still pick up the phone and request a quote the old-fashioned way. As long as you get a quote, it is time well spent.

Finally, be sure to take advantage of discounts that are available! Insurance agencies love to provide customers with a variety if discounts, and they can offer some pretty above average savings when you use them! Look for safe driver discounts, loyal customer discounts, and even multiple policy discounts and save on the most important insurance you could have.

Get information about a car insurance calculator by visiting Greig Wismer’s website. His site also has resources for people looking for motorcycle insurance in Ontario.

May182011

Tags: Motorcycles

Trackback URI | Comments RSS