Buying a new motorcycle is often one of the many highlights of a persons life, but when they start trying to find affordable motorcycle insurance, their mood often decreases almost instantly. There are a few reasons for this, and why motorcycle insurance is often so much higher than paying premiums on a car or truck. Receiving multiple motorcycle insurance quotes is going to be your best bet at ensuring that you receive the best rates, and aren’t paying too much each month towards your premiums. If you have a bad driving history, you are going to have to understand that your motorcycle insurance rates are going to be substantially higher because of your poor decision making abilities.
Motorcycles are among the most stolen vehicles across the world for good reasons. It simply takes a group of 5 people, with 1 person driving a windowless van to pull up beside your bike and load it up, disappearing off into the night. Motorcycles often only weigh a few hundred pounds, especially the sport bikes. If you are driving one of the heavy Harley’s that have all the chrome and saddle bags on it, loaded down, you may feel safe.. but you’re not. These guys that load these bikes up are incredibly strong, and can do this quicker than you can blink an eye.
If you are living in an apartment complex, you are also going to have a lot higher rates on your premiums each month because you cannot properly store the motorcycle. College campuses, apartment complexes, and shopping center parking lots are the three places where this type of theft happens on a regular basis, and insurance companies know that if you live in one of these areas, that they are at an increased risk of having to replace your bike due to theft. Low cost motorcycle insurance probably isn’t going to be available for you.
When you receive your online motorcycle insurance quote you are going to want to keep the information handy. Go over what types of coverage you are purchasing to ensure that there aren’t any hidden fees or charges the agent or company snuck in on you. If you own the bike out right though, you may want to check with your state about the actual requirements for affordable motorcycle insurance, as most states don’t require any type of coverage for bikes that are full owned, and not financed or leased.
Motorcycles are among the most stolen vehicles across the world for good reasons. It simply takes a group of 5 people, with 1 person driving a windowless van to pull up beside your bike and load it up, disappearing off into the night. Motorcycles often only weigh a few hundred pounds, especially the sport bikes. If you are driving one of the heavy Harley’s that have all the chrome and saddle bags on it, loaded down, you may feel safe.. but you’re not. These guys that load these bikes up are incredibly strong, and can do this quicker than you can blink an eye.
If you are living in an apartment complex, you are also going to have a lot higher rates on your premiums each month because you cannot properly store the motorcycle. College campuses, apartment complexes, and shopping center parking lots are the three places where this type of theft happens on a regular basis, and insurance companies know that if you live in one of these areas, that they are at an increased risk of having to replace your bike due to theft. Low cost motorcycle insurance probably isn’t going to be available for you.
When you receive your online motorcycle insurance quote you are going to want to keep the information handy. Go over what types of coverage you are purchasing to ensure that there aren’t any hidden fees or charges the agent or company snuck in on you. If you own the bike out right though, you may want to check with your state about the actual requirements for affordable motorcycle insurance, as most states don’t require any type of coverage for bikes that are full owned, and not financed or leased.
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