Some insurers believe that motorcycle insurance consists of high risk. Thus, most of the companies charge a hefty premium.
Motorcycle insurance offers coverage for dirt bike, sports bike, moped, scooter, motorbike, touring as well as the naked bike.
Here are some tips that can help you select the best motor cycle insurance coverage with the lowest premium possible
Opting for motorcycle safety course can help in getting the cover cost down
Several companies in Australia offer discounts to individuals who have cleared motorcycle safety course from one of the approved centers. Thus, no matter if you are an experienced biker or not, refreshing your skills with the help of a motorcycle safety course can prove to be a great idea. The certificate can help you in getting an impressive amount of discount on the monthly premium for your bike insurance.
Of course, simply opting for a safety course would not help if you fail to wear full coverage helmet along with bright color gear while on your bike. But, it can definitely help in assuring the insurer firm that you drive responsibly.
Choose a seasonal policy
Some bike owners get their vehicles on road only during special occasions. So, for such individuals, paying insurance premium throughout the year may not prove to be feasible. Insurers understand this and to help such bikers, they offer part-time insurance.
If you plan to take your bike out for mountain biking, you can opt for special mountain biking travel insurance. Such covers offer coverage for damages incurred during mountain biking. You won't be able to claim damages in case if accidents were caused while performing stunts or while racing.
Opt for anti-theft devices
Bike owners prefer to opt for comprehensive cover with the usual cover these days as it offers protection against accidents and damages caused due to fire, as well as theft. You can get better rates if your vehicle is loaded with anti-theft devices.
Records on your driving license
The price for your motorcycle insurance cover also partially depends on your driving license related records. If you have been involved in any kind of vehicular accident, companies might ask you to pay more on your bike cover. Same might happen even in the case of individuals who have recently obtained their license. Such individuals should consider waiting for few years to get auto insurance.
Get multiple quotes
Take quotes from multiple service providers. Opt for those that have developed a good reputation in motorcycle insurance. Bike insurance is different compared to the car cover, so, a company specialized in dealing with bike insurance can offer cheaper and appropriate type of coverage.
If you have multiple bikes, opt for multi-motorcycle coverage to avail special discount offers.
Provide accurate information about your bike's make and model number as well as its overall usage to the insurer. Do not sign the auto renewal form so that you can go with the same provider next year only if the company is offering the best deal in town.
Read more about how WorldNomads covers motorcycle insurance in their insurance plans here.