| Motorcycles are very popular among the youth | | | | to charge a higher premium. But still you can |
| as they offer a fun way to ride, are | | | | save money by shopping around. Get an |
| economical to maintain, and give a chance to | | | | insurance quote from a few companies and |
| experience freedom while driving. At the same | | | | compare the rates. But it does not mean that |
| time, they are more prone to accidents than | | | | the cheapest quote is also the best. Take a |
| cars. Hence it becomes important to buy | | | | motorcycle-riding course to lessen the |
| motorcycle insurance. Before venturing out on | | | | premium charges. The premiums attracted by |
| the road, it is essential that you carry | | | | older, slower vehicles are far less than |
| minimal cover, according to the government | | | | those charged on new models. |
| rules. With so many insurers offering | | | | |
| different motorcycle insurance policies, you | | | | What are the types of Motorcycle Insurance |
| need to shop around to find a policy with the | | | | Coverage? |
| lowest premium. If you are in the process of | | | | |
| buying motorcycle insurance here are some | | | | Liability in an accident to insure others |
| useful guidelines to buy the right policy. | | | | against damages; |
| | | | |
| What does motorcycle insurance premiums | | | | Passenger liability to cover injuries and |
| depend on? | | | | physical harm to people in the car; |
| | | | |
| Motorcycle Insurance premiums are decided | | | | Uninsured motorist, which protects you |
| based on the following factors; riding | | | | against drivers with no insurance; |
| experience, age, market value of the bike, | | | | |
| type of bike e.g. cruiser, touring, sport, | | | | Medical expenses caused in an accident; |
| sport or touring, your residence locality | | | | |
| e.g. crime-infested areas will attract higher | | | | Collision and Comprehensive, covers the costs |
| premiums, size of the engine like under | | | | incurred on repairing or replacing your |
| 500cc, 500-750cc, 750-1000cc and 1000 or | | | | motorcycle and also against fire, theft and |
| more, mileage, any training on motorcycle | | | | vandalism are the common types of coverages. |
| driving and number of years you have been | | | | |
| insured. | | | | Besides, you can also insure to protect |
| | | | against any changes done to the bike and its |
| How should I buy the cheapest motorcycle | | | | equipments. If you are a beginner, start with |
| insurance? | | | | a good, simple motorcycle insurance policy. |
| | | | This will increase your chances of getting |
| Since many companies consider motorcycles to | | | | advanced policies later on, besides saving |
| be a high-risk mode of transport, they tend | | | | your money. |