Motorcycles are fun and exciting, offering a feeling of freedom other vehicles can’t match. But they’re also more dangerous, which is why a good motorcycle insurance policy is crucial. Getting the vehicle insurance you need can be expensive, but there are ways to cut costs without sacrificing valuable coverage. If you’re shopping for coverage or planning to buy a bike, the techniques below will help bring down your premiums.

How to Lower the Cost of Motorcycle Insurance

Choose Your Bike Carefully

The type of motorcycle you ride has a significant impact on your premiums, so do some research before settling on a bike. Newer, pricier, and more powerful rides are more expensive to insure than older, more affordable options. If you’re concerned about your vehicle insurance rates, you should also avoid heavily modified, custom, or rare motorcycles.

Pay for the Entire Year

Most insurance companies offer substantial discounts to customers who pay annually instead of month to month. Just be sure you have the funds available to pay when your policy comes up for renewal the following year.

Compare Policies

Each insurance company calculates premiums differently, so compare rates from several providers before deciding. Bundling your motorcycle coverage with your home and other vehicle insurance could also save you hundreds of dollars every year.

Install Security Devices

Comprehensive vehicle insurance protects your bike from vandalism or theft, but it can also drive up your premiums. Fortunately, your insurer may offer a discount for installing a kill switch and other anti-theft measures.

Since 1988, Robert Taylor Insurance has offered affordable, high-quality vehicle insurance options to bikers throughout the Lorain, OH, area. As an independent office, they’ll do the shopping for you, comparing policies from several leading carriers to find the one best suited for your needs. Visit their website for more on their broad range of services, get more tips and insurance advice on Twitter, or call (440) 277-5191 to speak with an agent and request a quote.