Motorcycle season is here and you are just realizing exactly how much you are spending each month insuring your motorcycle. There are a variety of factors that come into play when it comes to the amount of your premium. Take these 4 helpful tips into consideration to lower your motorcycle insurance premium:
- Many companies offer discounts for motorists who have completed training courses. If you have been in an accident or are under the age of 25, you should seriously consider taking one of these courses to lower your payment. The Motorcycle Safety Foundation (MSF) has a great rider course.
- This is an obvious one, but avoid getting any tickets or getting into an accident. These will significantly boost your premium.
- If there are multiple months of the year where you don’t drive your motorcycle, you may want to consider a “lay up” policy.
- If you purchase another bike, be sure to inform your insurance agent so that you can receive a multi-bike discount.