As a motorcycle rider, you know what it’s like to crave that carefree feeling of driving down the open road. Unfortunately, it’s hard to experience that same carefree sensation when you look at your monthly insurance bill. If you’re looking for a way to slash your motorcycle insurance premiums so you can spend less time at work and more time on your bike, use the following tips to your advantage.

4 Tips to Trim Insurance Costs for Motorcycles

1. Pick the Right Bike

If you’re planning on trading in your bike, you might be able to cut costs by choosing a certain type of motorcycle. Bikes that have been custom-made or feature unique modifications will almost always raise your rates, as they’ll be more likely to get stolen and are often harder to repair or replace. Instead, choose a classic, low-priced, or less powerful bike to spend less on your monthly bills.

2. Watch Where You Park

To find out how much of a liability you are, your insurance provider will ask specific questions about your riding habits, such as where you park your motorcycle when you’re not using it. Bikes are often easier to steal than cars, after all. If you can keep it in a secure location—such as a locked garage—you’ll receive a better rate than someone who parks on the street or driveway.

3. Take a Training Course

Just like safe car drivers get a discount, you might be able to lower your motorcycle insurance premium by proving you’re a safe biker. Enroll in a training course that will improve your safety skills and defensive driving habits. By showing proof that you finished the course, your provider might consider you less liable to get into an accident. 

4. Try Paying in Bulk

If you’re not willing to change anything about how or what you ride, there are still options—you could ask your motorcycle insurance provider about different payment options. Some insurers will allow you to pay for your annual policy all at once instead of monthly. While you might have to save up for this lump sum, you’ll likely be offered a discount for paying upfront.

If you’re an avid motorcycle rider hoping to lower insurance costs, get in touch with Lafever Insurance Agency of Cookeville, TN. They’re proud to provide personalized coverage to high-risk customers whether you need a car, motorcycle, or mobile home policy. With over 30 years of experience to back them up, you can trust this provider to match you with the perfect coverage. For more information on their offerings, visit the website. Call (931) 526-3377 to receive a no-obligation motorcycle insurance quote.