Just because a motorcycle is less than half the size of an automobile does not mean that you will pay half the price of San Diego auto insurance premiums to cover your bike.
If you are interested in learning how to keep your motorcycle insurance premiums low, you have come to the right place. There are plenty of ways to stay on-budget in your mission to buy bike insurance. In fact, being a wise consumer can save you as much as 40% per year. The following are 5 ways that you can cut down on your motorcycle premiums, insuring your beloved bike is not too much of an added cost:
1. Insure your Bike with your Auto Insurer
Do you own a private passenger vehicle? If you do, combining your motorcycle and auto insurance can save you money. Not only will you receive a discount off of your auto and bike policies, you can keep the usage ratings of your bike down to pay as little as possible.
2. Join a Club
There are plenty of different motorcycle membership clubs, and joining one of these clubs can help you do more than just make friends. Some clubs are partnered with insurers, and this means that members will qualify for discounts. Get an affiliate discount and save as you socialize.
3. Store your Bike Safely
Did you know that you could qualify for a discount off of your premiums just for keeping your bike in a locked garage? If you keep your bike stored safely away, let your agent know. You should also inform your agent if you have a disabling alarm or a vehicle tracking device, which can save you 5 to 15% depending on the agency.
4. Let your Agent Know about Seasonal Riding
There are a variety of different discounts that you can take advantage of. If you are an occasional, weekend or a seasonal rider, you may qualify for discounts on your motorcycle insurance. Be sure to ask about the stipulations of these discounts and receive them if you qualify.
5. Raise Your Deductibles
If your bike is financed, you are required to purchase comprehensive and collision coverage. For younger drivers or those with high-powered bikes, this could lead to high premiums. To save on your coverage, raise your deductibles. Compare the premiums with higher deductibles and make a smart yet practical choice.
Motorcycle insurance may be a necessity, but you do not have to spend a fortune. Consider the bike, the coverage limits and the discounts before you make a decision. Once you compare premiums, you can make a well-informed choice. For more information or a free quote or contact American Tri-Star in San Diego directly at 619-272-2100. We provide motorcycle insurance San Diego bikers trust, and are available to help 24/7. Reach out to us today.