Motorcycle insurance is considered “high risk” for factors you may not think about everyday. Remove the stereotype about a typical biker with long hair and a cutthroat and angry attitude. No matter what age, size, or type of personality, motor bikes are dangerous and that’s the primary reason they are labeled “high risk.”
People love the thrill and adrenaline rush of cruising at high speeds down a highway with only two wheels supporting your weight. They love the feeling of the air crashing against the side of their face. However, too often people go too fast and lose control of their bike. The accidents are tragic and often deadly.
But for every irresponsible accident there are ten outstanding and safe motorcycle drivers. So no matter what you use a motorcycle for, there are ways to help keep your insurance premium down and still have a great time on that passion of yours.
Insurance companies understand that and are willing to adjust premiums individually based on several factors. It will not change the perception that motor bikes are “high risk,” but the agencies will change their opinion somewhat based on the driver.
Once you pass the test all motorcyclists must take and earn your license you now have the power to purchase a motorcycle and ride. But you need to make sure you are insured and take the necessary steps to staying safe and being protected from accidents.
Insurance brokers are willing to reward riders who take part in safety courses and additional motorcycle driving courses by offering a cheaper premium. Experience is vital, and insurance companies will go a long way to reward it.
Insurance providers heavily analyze your past driving history before they even begin to issue a quote. Believe it or not, brokers will decline to even offer a quote if they do not agree with your reckless driving past. So make sure you have a solid driving history unless you feel like paying through the roof.
Insurance providers look down on motorcycles not only because of the risk and danger when on the road, but also when they are parked in one place. Why? Motor bikes are easy to steal and insurance providers are weary of covering something easy to steal.
Take the necessary steps if you really want to own a motor bike. Gain the experience; work on your driving record and plant tracking devices on the bike in case of theft. Do all these important steps and you will see a much cheaper premium.
Posted under Motorcycle Auctions
This post was written by Graham McKenzie on March 17, 2009
