Find motorcycle insurance with the right level of cover and at a price you can afford

By: Terry Ross
Trying to find motorcycle insurance with the right level of cover and
at a price you can afford can become frustrating and time consuming.

There
are so many motorcycle insurance companies out there with quite a
significant range of prices for what can prove to be essentially a
similar package.

The first thing you need to decide is what type
of motorcycle insurance policy you are interested in and obviously your
final decision will most probably be based on cost.

The most
basic motorcycle insurance you can get is ‘Bodily Injury & Property
Damage Liability’. This level of motorcycle insurance is a legal
requirement and covers your legal liability for third party damage and
bodily injury in the event of an accident. It will not cover the cost
of repair of your own motorcycle.

If you want motorcycle
insurance that will cover the cost of repair to your motorcycle if in
an accident and pay you for the cost of replacing your motorcycle in
the event of fire or theft then you need to take out a Comprehensive
Motorcycle Insurance Policy.

You can take out ‘Uninsured
Motorcycle Insurance’ which will cover you for the cost of medical care
and loss of earnings in the event of being hit by an uninsured driver.
Uninsured insurance will also cover the repair costs for your
motorcycle up to your insured limit in the event of being hit by
someone who is not insured.

It’s advisable to make sure that you
include medical payments in your motorcycle insurance policy which will
usually cover you in the event of a motorcycle accident regardless of
who is at fault. Medical payments insurance only tend to kick in at the
point when you have no other medical cover.

Comprehensive
motorcycle insurance will normally cover some of the cost of custom
parts but not necessarily all the cost. It is advisable to check this
before taking out motorcycle insurance and if your level of
customisation is not covered take out further Custom Parts Motorcycle
Insurance.

The cost of your motorcycle insurance will vary from
company to company and depend on such things as your age, the length of
time you have been riding a motorcycle and whether or not you have had
any previous accidents or claims. You will generally be able to
influence the cost of your motorcycle insurance to some degree
according to the level of deductibles you choose. The higher the
deductibles the lower the cost of your motorcycle insurance.

It
is definitely a good idea to shop around with quite significant savings
being obtained if you select the right insurance company. Save yourself
some time by doing a lot of the work on the internet, it will be
quicker and easier to compare polices and most motorcycle insurance
companies tend to offer online discounts.