Deprecated: Function eregi_replace() is deprecated in /usr/www/users/asiram/resource/wp-content/plugins/link-indication/link-indication.php on line 232

Deprecated: Function eregi_replace() is deprecated in /usr/www/users/asiram/resource/wp-content/plugins/link-indication/link-indication.php on line 232

Deprecated: Function eregi_replace() is deprecated in /usr/www/users/asiram/resource/wp-content/plugins/link-indication/link-indication.php on line 232

Deprecated: Function eregi_replace() is deprecated in /usr/www/users/asiram/resource/wp-content/plugins/link-indication/link-indication.php on line 232

The outlay of motorcycle insurance, whether it is on a one-off annual basis or a recurring monthly figure, can be one that is extremely expensive for some people. Although a certain percentage of people cannot help large premiums, such as because of their occupation (professional riders and celebrities can find it extremely difficult to find cheap insurance), a substantial percentage of people can easily reduce their motorcycle insurance premiums considerably.

One of the first points to consider when looking at insuring a motorcycle is the exact specification of the motorcycle, as the type of motorcycle insured can have a massive effect on how much the premium is.

The golden rule to remember is to only purchase a motorcycle that is suited to your needs, particularly in the early years of your riding life. Any motorcycle greater than what is actually required is guaranteed to bring with it an increased premium.

For example, for someone who simply uses their motorcycle to commute to and from work, a luxury Harley Davidson with a 2.0 litre engine that cost tens of thousands of pounds would be classed as excessive, as a motorcycle that costs a fraction of the Harley Davidson price tag would be more than suitable.

Of course, many people prefer a more expensive motorcycle, which is understandable and completely fine, but they should always expect greater premiums to a motorcycle that is older and smaller.

Another important point to note is that motorcycle insurance reflects greatly on how safe the policy holder is at riding and how competent they are at riding their motorcycle. Although part of this cannot be amended, experience, for example, comes with age, there are several principles that can be adhered to.

A prime example of these principles is the overall safe riding on public roads. If a rider obeys the Highway Code and does not speed, therefore not accruing any penalty points, insurance companies will take this into consideration positively.

Furthermore, should a rider not be involved in any accidents where they are held liable, insurance companies will reward them with a No Claims Bonus, which is proof that they have not claimed on their insurance and will reflect in a positive manner for their future insurance premiums.

Whilst there a range of different factors that can reduce motorcycle insurance costs, the final one here to consider is where and how securely the motorcycle is stored throughout the day as well as overnight.

The latter, overnight, is generally quite an easy process, as a motorcycle can be stored in an alarmed garage or locked shed. However, the during the day aspect can be something that is slightly more complicated, as depending on where you are depends heavily on how secure your motorcycle is.

For example, if your motorcycle is used for commuting, parking in a secured car park and applying a security device, such as an alarm of security lock, will often be easy to carry out. However, if you are riding in the country and stop for a break, then this can be more complicated and several security devices should be utilized to reduce the risk of the motorcycle being stolen, in turn reducing the cost of the motorcycle insurance policy.

Kwik Fit Bike Insurance have a team dedicated solely to finding the best possible deals in motorcycle cover - and have an 18-strong panel of leading insurers specialising in quality Motorbike Insurance and Motorcycle Insurance Services

Share This