Just as with automobiles, all motorcycles licensed in Missouri must carry a minimum amount of liability coverage before they can operate on public roads. To help you properly insure your bike, below is a brief guide to buying motorcycle insurance, which should help you choose the coverage you need at the right price.

Your Guide to Buying Motorcycle Insurance

Get a Firm Quote Before Buying

Before finalizing the purchase of a particular motorcycle, consult an agent and ask for a firm quote. Motorcycle insurance can be surprisingly expensive for high-performance or "sport" bikes. The same is true of bikes with extensive modifications, such as low riders or choppers. Rebuilt bikes can likewise be expensive or even difficult to insure. Be sure you know the costs of coverage before buying.

How to Choose an Insurer

When choosing an insurer, price is, of course, a factor to consider. However, you should also take into account the company's longevity and financial stability—you don't want to make premium payments for two years only to have your insurer declare bankruptcy just as you file a claim. Finally, the quality of the coverage is a key factor.

Consider an Endorsement

Instead of purchasing a separate motorcycle insurance policy, consider buying an endorsement, which simply extends your auto insurance coverage to your bike. This simplifies bill paying, but the disadvantage is that you cannot customize coverage. You can only extend the coverage you already have on your vehicle.

How to Save Money

To save money on premiums, enroll in a motorcycle safety course. Most insurers offer a discount if you complete this kind of training every 3 to 5 years. Also, if you maintain a clean driving record, you may receive a preferred operator discount. Finally, membership in a motorcycle organization may qualify you for a discount of 10% or more. These clubs include the American Motorcycle Association, the Motorcycle Safety Foundation, and owners’ groups for specific brands.

The suggestions above should help you find the most appropriate and affordable motorcycle insurance for your situation. For invaluable guidance in selecting coverage, contact Farmers Insurance Group in Mountain Grove, MO. We also specialize in auto, life, and homeowner insurance, so we are a one-stop solution for all your coverage needs. Visit our website to request a quote or call (417) 926-7900 to discuss your options with a friendly professional.