It’s no secret that high risk motorcycle insurance rates are astronomical. If, for whatever reason, you need to get high risk motorcycle insurance there are some things you can do to reduce your high risk motorcycle insurance rates by 10^ or even more. The thing is you’re going to have to do some work, and a little research, but it can be done. Read on for some tips that will save you money on your high risk motorcycle insurance and even on your car insurance too.
You really need to shop around if you have to get high risk motorcycle insurance. Seriously, don’t assume the big guys will have the best rates, in fact, more often than not they have the worse rates. Guess who’s paying for all that advertising, you are. Also, don’t assume that if you already have car insurance adding a second vehicle (motorcycle) will give you a great rate because it won’t. Take your time and get online quotes from as many of the smaller agencies you can find, even better, seek out some brokerages, they’ll certainly have better rates, even after paying their fee.
Without a doubt you must take a motorcycle safety course at a motorcycle safety school. Taking and passing this two day class will give you an instant 10% off both your motorcycle insurance and your car insurance. This is a great way to reduce the course of high risk motorcycle insurance. It’s also a great way to learn how to ride with some real skill.
Choosing the right bike can lessen your high risk motorcycle insurance rates. According to the NTSB (National Transportation Safety Board) certain bikes cross referenced with certain riders are traditionally high risk. We can all guess the 18yr old with no experience on a sport bike is high risk, but also the 40yr old experienced rider on a 1500cc bike is also high risk. I’ve linked a great book below that has an entire section devoted to identifying these high risk groups. If you really want to save on your high risk motorcycle insurance it’s important you look at this and choose the right bike.
So there you go, it’s just three things to do, unfortunately they aren’t easy but I guarantee you they are worth the effort. You’ll definitely save money on your high risk motorcycle insurance by following these tips. I know because I was able to save almost 75% from my original online insurance quotes after I did these things.
Filed Under: Insurance