by Administrator
20. October 2015 13:07
Riding a motorcycle without comprehensive insurance is not only risky but also illegal in many states. With the increased number of road accidents, insurance becomes a necessity to protect yourself against any sort of financial liability. However, you need not always spend a fortune to insure your motorcycle. Here are some of the tips that can help you help save on motorcycle insurance:
- Increase deductible: A deductible is the amount of money that you need to pay towards the insurance claim before the policy comes into effect. You can raise the deductible in order to reduce the premiums for motorcycle insurance. By increasing deductible by a few hundred dollars, you can save up to 30% on your total insurance cost.
- Avoid making frequent claims: To reduce your insurance rate, avoid filing claims for small and trivial damages. If you will make claims frequently for minor repairs, the insurance company is likely to charge a higher rate. Hence, you should try not to make more than one claim in a year.
- Check for discounts: An insurance agency may offer discounts to motorcycle owners who use their bikes less often. It may also offer reduction in rates if your bike has some safety features installed or you have completed a driving course. By availing such discounts, you can easily save some money on your motorcycle insurance.
- Keep your driving record clean: To enjoy lower insurance rates, make sure you keep your driving records clean. A skilled driver may have to pay less for insurance as compared to one who is more susceptible to accidents. Avoid including any other driver with poor driving record to avoid paying hefty premiums. Having a teen rider in your policy can also make your insurance rates soar.
- Avoid paying coverage you do not need: You can skip the coverage that you do not need. For instance, if you are going to ride the motorcycle alone, you can avoid paying for guest passenger liability.
- Choose your motorcycle wisely: Certain sports models or high performance bikes are deemed risky by the insurance company. Therefore, you should choose your bike according to the premiums you are willing to pay. Make sure you do a thorough research before buying the bike.
We, at Shawn Camp Insurance Agency, Inc., offer a wide range of motorcycle insurance policies in Killeen, TX. Our agents will help you select the most suitable policy according to your budget and coverage requirements. For more information, you can call us at (254) 526 – 0535 or visit our office at 2705 E. Stan Schlueter Loop, Suite 101 Killeen, Texas 76542.
