When buying your first motorcycle, you may be thinking about how much insurance you’ll need to have. While it’s true that you may be limited on what insurance you can get if you’re a beginner, but there are ways you can get the coverage you need to make sure you’re protected.
Tips For Buying Your First Motorcycle Insurance
In many states, motorcycles are treated as vehicles and therefore have to carry the same insurance as automobiles. This is true in all states, but some places will offer cheaper policies to riders that have a good driving record. It also pays to be aware of what kind of coverage you may be in need of if you’re a beginner and don’t have many accidents or tickets on your record.
You can start by requesting a free motorcycle safety and liability inspection so that you know what you’re up against. They will also tell you about the minimum requirements in your state.
Remember that you can get motorcycle insurance for any age and your age doesn’t matter at all if you have a good driving record. The insurance companies will base their premiums on a person’s driving record, which will determine if they are a high-risk driver. And even though you might be required to get a comprehensive policy, they are usually designed to cover only those damages that are permanent.
If you’re looking for cheap coverage, some of the better policy options include those that limit you to certain locations, that allow you to add accessories to your bike and others that give you discounts for being a student. If you get a few discounts, you should be able to save money. In most cases, however, the biggest savings are achieved by shopping around.
Call your local insurance agent to see what options they have for you. You should be able to get a quote in your area for just about any kind of motorcycle coverage.
Make sure you read your policy before you purchase it. Don’t let yourself be led astray by advertising claims, because that’s not what the policy is all about. All motorcycle insurance needs have a legal description of what kinds of accidents and damages are covered and what your responsibility is to pay for them.
It doesn’t take much knowledge to figure out what kind of motorcycle insurance you need. As long as you read the policy thoroughly and know what you’re covered for, then you should be good to go. If you have questions, ask them from the agent and if you still have doubts, ask your local attorney to help you figure out what your rights are.
It’s never too early to start shopping around. Before you get to this point, you’ve got to be fully aware of your level of risk. If you’re a young rider with no tickets or accidents, then you’ll be able to get lower rates than someone who has racked up a lot of small violations or accidents.
Once you have the policy in hand, you’ll need to do some comparison shopping. It may seem like an unnecessary step, but the policy can actually affect how much you have to pay for the coverage. Make sure you look at the rates from multiple carriers and don’t go with the first thing you see.
Also, if you’re younger and have fewer than three tickets or accidents, you can get a policy that has lower minimum requirements. Your rates will probably be higher because you’re considered a higher-risk driver. But in many cases, the required minimums can be waived.
In the end, you’ll find that getting insurance for your new bike is relatively easy and will cost you about the same as getting a new car. So don’t spend the money on the motorcycle until you have had your policy and have done some comparison shopping.