If you own a Harley, Yamaha, Honda or other fine bike you are probably very proud of your wheels. Bike prices are skyrocketing in the face of more motorists deciding to take to the streets in search of the ultimate riding experience. How well insured are you? Are you satisfied with your current motorcycle insurance? Just because your auto insurance is with one insurance company doesn’t mean that you’ll get the best deal on motorcycle insurance with them, therefore it is important for you to shop around for competitive quotes for your cruising or touring bike.
Let’s face it. Not every auto insurance company will offer motorcycle insurance. You could have the best auto insurance plan available for the buck, but learn that motorcycle insurance isn’t even covered by the company. Or, if it is covered, rates are through the roof as your insurer simply doesn’t want to cover the risk involved with riding.
Whatever the reason, you may want to shop for motorcycle insurance separately from your car insurance. This insurance should offer a wide range of options including:
Damage to your vehicle
Theft of your bike
Vandalism of your ride
In addition, towing and labor can be included with your plan or medical payments and even additional coverage for special equipment such as exhaust pipes, side cars, and more.
Choose the deductibles that work best for your needs. If you don’t ride your bike all that much, particularly in colder weather, make certain that you insurance representative takes information into consideration when quoting you a rate. Why pay for extra insurance if you only ride your bike six months out of the year?
If you find that the rates quoted to you are still too high, you may be overlooking additional available discounts due you including: the successful completion of a motorcycle safety course you had previously taken and your riding association membership. In many cases you can receive additional discounts if your homeowners insurance and auto insurance are through the same company. Savings of ten percent or more on all of your insurance is possible if you bundle your insurance through one provider.
Finally, check with other riders to find out who is insuring their bike. You could be overlooking an important opportunity that others are already taking full advantage of, but are willing to share that information with you.