Spring is here, which means motorcycle season has arrived. Whether you enjoy going on long road trips or simply just like taking your motorcycle for a ride around your town, it’s important you have the right insurance coverage in the event you have to file a claim.
What You Should Know About Your Insurance & How Your Rate Can Be Calculated
Where You Live Matters
If you can ride your motorcycle year round, there is a chance you may pay more than an individual who can only ride during warmer months. Why? With your shortened window for riding, individuals who have a “motorcycle season” lower their risk for an accident.
Your Experience & Age Matter
This shouldn’t be too shocking to read. If you are an experienced motorcycle rider, you may have a lower rate vs. someone who just bought their first motorcycle. Your age factors in with your experience. Like car insurance, young drivers usually pay higher rates. However, if you are 50 years old and have no experience, you may pay more for insurance compared to a 30 year old who has 10 years of experience.
Your Riding History Matters
Just like car insurance, your riding history matters. Accidents, claims and tickets all play a role in your motorcycle insurance rate.
What Type of Bike You Own Matters
High performance bikes may be more to insure. If your bike has a big engine, that too can cost more to insure.
What Type of Motorcycle Insurance Coverage Should I Have?
Talk to one of our licensed agents about this. We can explain all coverage options. Some of these coverages are mandatory, but others are optional. Here are a few to consider below.
Comprehensive insurance – covers you in the event your bike is damaged due to vandalism, falling trees/debris, storms, hitting an animal, theft, windshield damage, etc.
Liability – this covers you if you are responsible for causing damage or injuring someone else.
Collision – covers your motorcycle if you collide with a vehicle or object regardless if you are at fault or not.
Uninsured/underinsured motorist property damage – if your bike is damaged by someone who isn’t carrying insurance or is underinsured. This coverage provides coverage up to your policy limits. Bonus – it can cover your injuries too.
Have custom parts for your bike? Get it covered. Some carriers automatically include some coverage in a policy, but not all. Talk to your agent about this.
How Can I Save Money On My Motorcycle Insurance Coverage?
- Establish good credit
- Bundle your insurance policy with other policies such as your car or home insurance
- If you’re a member of the Harley-Davidson Owners Group (applies in 42 states)
- Some insurance carriers give a discount for having a motorcycle endorsement
- Take a motorcycle safety course (this is great for all riders! Experienced or beginner)
Almost every state in the United States requires some form of motorcycle insurance. Contact our office for a motorcycle insurance quote! We will help you determine what coverage options fit your lifestyle the best.
Everything You Should Know About Motorcycle Insurance
/in BlogSpring is here, which means motorcycle season has arrived. Whether you enjoy going on long road trips or simply just like taking your motorcycle for a ride around your town, it’s important you have the right insurance coverage in the event you have to file a claim.
What You Should Know About Your Insurance & How Your Rate Can Be Calculated
Where You Live Matters
If you can ride your motorcycle year round, there is a chance you may pay more than an individual who can only ride during warmer months. Why? With your shortened window for riding, individuals who have a “motorcycle season” lower their risk for an accident.
Your Experience & Age Matter
This shouldn’t be too shocking to read. If you are an experienced motorcycle rider, you may have a lower rate vs. someone who just bought their first motorcycle. Your age factors in with your experience. Like car insurance, young drivers usually pay higher rates. However, if you are 50 years old and have no experience, you may pay more for insurance compared to a 30 year old who has 10 years of experience.
Your Riding History Matters
Just like car insurance, your riding history matters. Accidents, claims and tickets all play a role in your motorcycle insurance rate.
What Type of Bike You Own Matters
High performance bikes may be more to insure. If your bike has a big engine, that too can cost more to insure.
What Type of Motorcycle Insurance Coverage Should I Have?
Talk to one of our licensed agents about this. We can explain all coverage options. Some of these coverages are mandatory, but others are optional. Here are a few to consider below.
Comprehensive insurance – covers you in the event your bike is damaged due to vandalism, falling trees/debris, storms, hitting an animal, theft, windshield damage, etc.
Liability – this covers you if you are responsible for causing damage or injuring someone else.
Collision – covers your motorcycle if you collide with a vehicle or object regardless if you are at fault or not.
Uninsured/underinsured motorist property damage – if your bike is damaged by someone who isn’t carrying insurance or is underinsured. This coverage provides coverage up to your policy limits. Bonus – it can cover your injuries too.
Have custom parts for your bike? Get it covered. Some carriers automatically include some coverage in a policy, but not all. Talk to your agent about this.
How Can I Save Money On My Motorcycle Insurance Coverage?
Almost every state in the United States requires some form of motorcycle insurance. Contact our office for a motorcycle insurance quote! We will help you determine what coverage options fit your lifestyle the best.
How to Avoid Insurance Claims & Liabilities From Hiring Contractors
/in BlogIf you’re an experienced home remodeler, you’ve probably come across contractors who are willing to offer better pricing for cash deals or who are reluctant to provide you with a service contract. Did you know that you can be held liable for hiring a contractor who does not carry the right insurance and causes damages or injuries to another person or even one of their own workers? Saving a few dollars on your remodel can end up costing you thousands so follow these tips to avoid an insurance disaster.
Let’s take a closer look at what some of these products do:
Hiring a contractor this way can be a great option to bringing some new changes to your home. It is possible to really save money on these services, but just using some simple, quick research and asking the right questions can save you a bundle as well as a headache.
When Is The Best Time To Do an Insurance Review With My Agent?
/in BlogWorking with a local, independent insurance agency has many perks versus trying to figure out your insurance policy by yourself & purchasing it online. Not only do independent insurance agencies represent the top insurance carriers, but we can also act as your adviser. So, when should you take advantage of our expertise and do an insurance policy review?
Annual Review
Whether it’s your auto or home insurance policy, your insurance policies get renewed on the same month every year. This is probably the best time to reach out to your insurance agent regarding an insurance review. Did you premium go up? If so, reach out to us. We can re-quote you, often quoting several carriers at once. Then, we can shop to find you the best rate at similar coverage. Rates have been trending up, so it is possible your current carrier is still the best one.
At the Start of a New Season
This works best for all those individuals who own a boat, RV, ATV, motorcycle, etc. In many cases, individuals use their toys during the season and not year round. If this is the case for you, it might be best to ask your agent for an insurance review before you bring your boat, RV or ATV out to use for the season. A quick email or phone call is all it takes.
If You Have Multiple Insurance Policies
Did you know you can earn a nice discount by bundling your policies together? If you are a new college grad, you may be looking for renters insurance. Ask us if you can save money by bundling your renters and auto insurance together. Or, if you are looking to purchase an umbrella insurance policy to protect your assets, we may be able to score you a discount by bundling it with your auto or home insurance.
Updating Your Home
If you recently completed some major remodeling to your home, reach out to your insurance agent. We will want to ensure you have enough insurance coverage for all the changes you made such as custom cabinetry or new hardwood floors.
Life Changes
Whether you are working from home now and are driving less, recently got married or now have a teen driver in the house, we appreciate when you reach out to us! Not only can we look for discounts, but we can update your insurance policy to avoid any gaps in coverage.
We hope these examples encourage you to ask for an insurance review. As you insurance agent, we want to make sure you understand your current coverage and are getting the best coverage for your unique situation. We are here to help! Ask for insurance review today.