Motorcycle riders can save money on insurance by purchasing liability coverage. This policy covers any property damage or injuries you cause in an accident. You can also save money on motorcycle insurance by increasing your deductibles, purchasing an additional collision or comprehensive policy, or installing an anti-theft device. For help in Austin, TX, consult TAB Insurance Agency LLC.
Saving Tips for Motorcycle Insurance
Motorcycle insurance rates depend on the bike’s model and year, age, driving record, and other factors. First, shop around and compare rates from at least three different insurers. Second, let your insurer know if you plan to leave the bike parked for an extended period. Many insurers offer reduced rates for motorcycles that are not driven often. Third, talk to your insurer about purchasing a policy with a non-standard rate. Policies with standard rates tend to be higher than non-standard rates, which can help you save money.
One of the best ways to save on motorcycle insurance is to maintain a clean driver profile by keeping accidents and ticket-free for the last several years. You can also save money on motorcycle insurance by increasing your policy’s liability limits, decreasing your annual mileage, and getting Motorcycle ERP if you use public transportation frequently. Finally, you can save money on motorcycle insurance by choosing the right motorcycle.
Motorcycle insurance is much more risk-focused than car insurance, so it’s essential to put safety first. Keep your bike well-maintained and track its mileage. You can also take advantage of safety features like anti-theft devices and alarm systems. Most importantly, always wear a DOT-approved helmet, as they are proven to reduce the risk of head injury by up to 69%.
Purchase a collision or liability policy instead of purchasing a comprehensive policy. This will reduce your costs. Buy a motorcycle that has the lowest insurance rate. Stay risk-free by purchasing motorcycle insurance with a Motorcycle endorsement. For help in Austin, TX, consult TAB Insurance Agency LLC.