Motorcycle Insurance: Lowering Your Motorcycle Insurance Costs

Ideally, the way to get a good deal on your motorcycle insurance is to make sure that you know what the cost of insuring a motorcycle is before you buy it. By being aware of the ongoing costs, the buyer can make informed choices about what the purchase is going to cost in real terms and how other alternative compare. I am not saying that we should all be extremely sensible and buy a 50cc scooter when what we really want is a big bore sports motorcycle, but some insurance costs can be avoided without sacrificing too much performance.

The cost for insurance varies greatly from bike to bike and often the difference in horsepower and performance is relatively small. For example, a Kawasaki ZX12 is and exceptionally fast motorcycle, the only problem is that paying the insurance cost of your new motorcycle may leave you too broke to even put gas in the thing! On the other hand motorcycle insurers are far more kind to the Honda CBR1100. Yes, this motorcycle does have a little less power, but with the insurance costs being significantly lower, then perhaps it needs to be considered. In fact buying a motorcycle without getting firm insurance quotes beforehand can lead to major problems. There are quite a lot of bikes on the market that the major insurance companies simply won’t touch! More information about what brands should be avoided is available at [http://www.cover4motorbikes.com] This can lead to owners being forced to use smaller insurance companies that can deliver substandard products. Another problem with using smaller companies for motorcycle insurance is that you are often unable to combine any other insurance policies that you may have, which is usually a good way of saving money.

Another thing to do is make enquiries with a range of motorcycle insurers as to what accessories or security devices may increase or lower your insurance policies. Disc locks, alarms, and satellite tracking are the kinds of things that tend to make a difference but a list is available through [http://www.motorcyclesinsurer.com] . You may be surprised by how much a two or three hundred dollar security device can affect your insurance costs, and it is far better to know this information before you buy your motorcycle as dealerships tend to give more bargaining power with major purchases.

So before you buy, make sure you:

-Get a range of insurance quotes for each motorcycle that you are considering

-Find out how security devices and accessories can affect you insurance cost

-Find out if you can reduce your insurance costs by locking you motorcycle in a secure area