In Alberta, heading out for a ride is a popular hobby, whether it is a form of transportation, seeing the sights of the countryside or for experienced riders, long trips across the country and south. Everyone who drives a motorcycle knows the season is short and limited to spring, summer and early fall, so it’s important to make the best of the season. If you’re looking for a motorbike or just interested in one, you might want to find out how much a second hand motorbike is worth before looking at insurance, however, it still helps to do that.
When it comes to insurance, motorcycle insurance is a part of enjoying and using your motorcycle every year. During the riding season, riders apply insurance during the season and during the off-season to protect themselves, their motorcycles and others. Insurance can cover legal expenses as well, and if you have been involved in an accident you should immediately contact a legal representative such as Stewart Law Offices in order to get advice regarding your situation.
Motorcycle insurance is very similar to car insurance and there are many factors that relate to insurance premiums. Each year you renew your motorcycle insurance it is important to work with your insurance broker to understand usage and term of policy. This means if you are involved in an accident you will have all the protection you need, from both your insurance company and motorcycle crash lawyer.
Here are some additional factors that play a role in motorcycle insurance premiums.
Some Factors That Play a Role:
–>Previous driving history and how long you have been riding for is a large factor in your insurance premiums, a clean driver’s history will keep your policy lower than a rider that has a poor driving record.
–> Typically, in comparison to cars, motorcycle insurance is higher risk for accidents and theft therefore premiums may be higher than initially anticipated.
–> Just like a vehicle, year, make and model play a factor into motorcycle insurance. The higher priced the motorcycle, the higher your insurance may be than a lower priced bike.
–> It’s a good idea to check with your insurance provider when it comes to insuring aftermarket products. Not all insurers provide coverage on a regular plan, however most insurance companies will provide added coverage if required.
–> If you are a new motorcyclist or looking at becoming licenced, completing a training program through a recognized organization can help reduce the cost of your policy. This is a great idea for safety and for insurance.
–> Let your broker know how you are using your bike. Are you using it to drive to work, personal use only? This may affect your insurance premiums; however, it is extremely important that you provide accurate information. If you are not honest about usage and you have a claim, there is a chance you may not be covered.
–> During the off-season, it’s important to store your motorcycle in a secure place. Its recommended to add a storage policy during the winter months. A storage policy protects your ride during the time you are not riding it.
Its motorcycle season, so get out there and enjoy the open road, first be sure to check out all the mechanics and fluids and complete an inspection before you do.
Be sure to check with Beneficial Insurance Solutions to ensure you are covered properly with our free motorcycle insurance quotes.