Motorcycles are beloved by millions of riders across the country, but they’re also smaller and faster than anything else on the road, which makes them riskier than other vehicles. Fortunately, the right motorcycle insurance will cover the costs of any damage you cause in an accident, pay to fix your bike, and protect it from theft and other threats. Below are a few tips for getting the coverage you need at the best rate possible.

3 Methods to Reduce Motorcycle Insurance Costs

1. Check Rates Before You Buy a Bike

Newer, more powerful motorcycles are generally more expensive to insure, due to their higher replacement costs. If you’re in the market for a new bike, get insurance quotes for the models you’re considering before you make a choice. Understanding the true cost of ownership will help you avoid sticker shock and buyer’s remorse later.

2. Shop Around for Rates

After getting a new bike, many people just get a motorcycle insurance policy from their current auto insurance provider. However, they may not offer the best rates, so it pays to compare policies from several different carriers first. Because many insurers offer discounts to customers who bundle multiple policies together, ask for quotes that include your auto and homeowner’s insurance.

3. Protect Your Bike

Comprehensive motorcycle insurance protects your bike from theft, vandalism, hailstorms, and other hazards unrelated to the road. Taking measures to prevent damage will usually result in lower premiums, so consider installing anti-theft devices or keeping your motorcycle in a carport or garage. Your agent may suggest additional steps for reducing the costs of coverage.

As one of the nation’s leading motorcycle insurance providers, Farmers Insurance Group offers affordable rates and a reputation you can trust. With our office you will receive individualized attention from an experienced agent who will get you the best rate possible without sacrificing coverage. Follow us on Twitter for more insurance tips, go online to read customer reviews, and call (417) 926-7900 or (417) 257-4274 to request a free, no-obligation motorcycle insurance quote.