With the mild winter and (so far) beautiful spring that we have experienced in Calgary and throughout Alberta there’s no doubt many have already been out on their motorcycle. But before you head out on a longer scenic jaunts, you should not only check your ride for safety, you should also make sure you are getting the best deal on motorcycle insurance that you can.
Of course, to get the lowest premiums on motorcycle insurance, you have to have a relatively clean driving record, and hold a valid Class VI license. The type of motorcycle you ride and your experience as a rider are also major factors in determining your premiums. Lastly, your claims made history can be the difference between an affordable policy and one that keeps your motorcycle in hibernation.
How to Lower Your Motorcycle Insurance Premiums
- Buy a Bundled Policy — You can usually get a decent discount on covering a motorcycle with the company already covering your home and autos.
- Increase Your Deductible – This is an easy step to take if your motorcycle is not your primary transportation. Remember it’s a good idea to always have the amount of your deductible saved so that an accident doesn’t cause an unnecessary burden.
- Drop Your Collision Coverage — If your bike is old enough to be considered a write-off by any significant repair bill, you won’t get a good return on collision insurance coverage. If your bike is a “classic,” definitely inquire about getting appropriate coverage for its potential extra value.
- Get An Anti-Theft Device — By virtue of their relative light weight and mechanical simplicity, motorcycles are easier to steal and part out than cars are. When shopping for a policy, ask if there are anti-theft discounts available and what type of system will meet the requirements.
Steps You Can Take
Two of the best ways to limit your risk of exposure to expensive claims are training and good maintenance habits. Before you ride for the first time this spring, even if you are a motorcycling veteran, it never hurts to refresh both your training.
And even though motorcycle riders are required to take a written test on road rules, it never hurts to top off that knowledge with an additional safety class.
Keeping your bike well maintained keeps your ride predictable. Before setting off, make sure you have checked your:
- Tires and Brakes — Your tires and brakes are the two most critical safety features of your bike. If either look or feel in need of replacement, do it.
- Lights and Reflectors — The brighter the better. If you are having any dimming, cracks, or other issues, replace the reflectors or the bulbs to make yourself as visible as possible.
- Fluids and Battery — Ensure that both are fresh, topped off, and nothing is leaking.
- Chassis, Suspension, and Drivetrain — Make sure your chain, belt or shaft drive is in good condition and properly lubricated if required. Make sure that your forks aren’t allowing too much nose diving when braking and that the framework is free of issues or odd vibrations while running.
- Riding Gear — Be sure to check over your riding gear before it faces its moment of truth out on the road. If you so much as drop your helmet on concrete or asphalt, you should probably buy a new one due to crushing some of the foam beneath the shell even if it looks fine on the outside.
Contact Bow Valley for a Motorcycle Insurance Quote
Safe motorcycle operation requires the rider to be fully focused. It’s easy for a motorbike to get lost in the blind spot of a car. Motorcycles can also easily lose traction due to gravel and debris. Never operate a motorcycle while tired, impaired or distracted.
To sort through how to obtain the best motorcycle insurance rates and excellent coverage combined, contact an experienced Bow Valley Insurance broker for a free motorcycle coverage quote today.