Motorcycle Insurance Buyer’s Guide

by Administrator 19. June 2013 07:11

Riding a motorcycle carries more risk than driving a four wheeler, which makes it all the more important to choose your insurance plan carefully. In some states, you have to show proof of insurance before you can legally purchase a motorcycle. While the legal motorcycle insurance requirement in most states is that of liability coverage, it is advisable to get comprehensive coverage, since this would cover expensive medical bills in case you are hospitalized. Interestingly, your driving record on four wheels shall dictate how much you pay towards insurance premium for your motorcycle.

Other factors that shall determine how much you pay for your motorcycle insurance include your age, the type of motorcycle you ride, where you shall store it, etc. You can bring down your insurance premium by buying it from the same insurance company that you use for your auto insurance.

Here’s a look at the types of coverage included in motorcycle insurance-

  • Bodily injury liability and property damage liability- If you are riding a bike in Killeen, TX, this is the minimum coverage that you shall need to have. This covers expenses of bodily injury and property damage to others, in an accident in which it was your fault.
  • You shall need to purchase additional guest passenger liability coverage for injuries caused to a passenger riding with you.
  • Comprehensive and collision coverage- This coverage pays in case of damage caused to your bike in an accident (collision coverage), or other incidences like vandalism, theft, fire, etc. (comprehensive coverage). The insurance company shall pay for repairs, or for the total value of the bike depending on the extent of damage.
  • Uninsured motorists’ coverage- While this is not mandatory for bike riders in Killeen, it is advisable to buy this coverage, as it can avoid you having to pay for hospital bills in an accident with a motorist with no insurance or insufficient coverage.
  • Accessory coverage- This extends to any parts or accessories that were not originally installed by the manufacturer. This includes GPS systems, stereo systems, sidecars, custom paint, safety riding apparel, and even permanently installed electronic equipment like bolts and brackets.

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Cars That Cost Less To Insure In Killeen TX

by Administrator 5. June 2013 05:28

The annual premium that you need to pay for your car insurance is determined by a lot more than your driving record or the amount of coverage you opt for. A key factor that goes into deciding how much your auto insurance will cost is the car model you choose to drive. The major factors that determine the insurance cost for a particular car in Killeen TX are-

  • Frequency of crashes for the model
  • Frequency of getting stolen for the model e.g. a sports car with a convertible soft-top that offers easier entry is more likely to be stolen, than say, a sedan with an alarm system. Similarly, the overall desirability of a car, and the value of its parts are also determining factors in it being targeted by thieves.
  • Cost of bodily injury claims to insurer. Cars that offer high safety to passengers driving in them have lower insurance costs.
  • Total cost in case of complete car crash
  • Average cost of repairs. High-end models with expensive spare-parts understandably have higher insurance costs.
  • Sports cars are considered to be more prone to accidents, due to the drivers of these cars having a tendency to over-speed, making this an expensive choice from the point of view of insurance costs.

Based on these factors, the models that are cheapest to insure include-

  • Older models- these cars are typically preferred by insurance companies in Killeen TX, owing to the lower risk of their drivers over-speeding.
  • Cars with advanced factory-approved safety features, e.g. airbags (front, passenger, and side), factory-installed alarms, car-thief detectors, fuel tank cut-offs, etc.
  • Sedans, mini-vans, and other utility vehicles.
  • Cars with smaller motors. A low horsepower engine means a lower risk of over-speeding, hence lower insurance costs.a

These tips can help you to choose a car model that strikes a perfect balance between low insurance costs and the specifications you are looking for-

  • You can use average insurance cost tools available online to determine the insurance premium for a particular model that you might be considering.
  • Once you have narrowed down your choice to two to three vehicles, it is a good idea to consult your insurance provider regarding the insurance charges for these specific models. While it might not be advisable to choose a car solely based on these criteria, it can help to decide a tie.

For cheap insurance in Killeen, Copperas Cove, Gatesville, Austin and Temple TX, call Shawn Camp Insurance at (800) 212-2641.

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