So you’ve finally found your dream motorcycle. You’ve made sure you know how to ride it because you’ve already taken a motorcycle safety course. You’ve got your helmet and leathers, and you’re just dying to get out on the open road. But wait, if you don’t yet have motorcycle coverage, you may need to research online insurance quotes first.
Riding your bike without insurance is dangerous and could be costly. If you take your motorcycle on public roads or highways you must have insurance by law. In some states, you can’t even buy a motorcycle unless you already have insurance lined up.
Make sure you know the basics, including what’s covered and how much you’ll pay. You can find online insurance quotes and compare features if you understand the nuts and bolts of motorcycle insurance.
- There are plenty of insurance companies to choose from, but to get the lowest rates, you should start by asking your car insurance provider for a quote. Have a life insurance policy? Ask them if they offer motorcycle insurance. Generally, you can save a bit if you bundle your insurance needs together under one umbrella.
- If you’re not getting great rates, or your other insurance companies don’t offer motorcycle insurance, there are other good sources for referrals. If you know other bikers, ask them about their insurance plans. Are they happy with their providers? Do they know their coverage limits?
- Once you have a short list of insurance companies to choose from, search for online insurance quotes and compare the benefits and costs of several policies. Make sure you’re comparing apples to apples, though. Some policies may have higher limits or offer more coverage than others.
What’s included with motorcycle insurance:
- Just like car insurance, you’ll need liability coverage. This protects you financially if you damage other people’s property. There are additional coverage options that you can choose, like collision and comprehensive. These work just like car insurance coverage options, although some may be required by your state or your lender.
- First time riders will usually pay higher premiums. You can offset this somewhat by taking a motorcycle safety course through your local BMV.
- Accidents will count against you, even car accidents. Having a safe driving record is always helpful in lowering your rates.
- Depending on where you live, you may pay more for motorcycle insurance. If you live in a warm climate, where you can ride year-round, you will almost certainly pay more than someone who lives in an area with a definite riding season.
