Smart Tips for Saving on Motorcycle Insurance


For motorcycle riders, staying insured is essential. But motorcycle insurance can often be costly. Fortunately, there are smart strategies you can use to save money on your motorcycle insurance plan. In this article, we dive into five tips for making motorcycle insurance more affordable.

The Bike-Savvy Guide to Lower Insurance Costs

It pays to be informed and pick the right coverage when shopping for motorcycle insurance. Here are some moves to consider:

  • Choose Your Bike Wisely: Motorcycles with higher engine capacities and more powerful brakes tend to come with higher insurance premiums, but that doesn’t mean you should avoid them. Instead, do your research and look for models that offer the best insurance rates.
  • Pick the Right Designation: Many insurers will allow you to classify your motorcycle as “pleasure use” if you plan on using it primarily for weekend fun and riding to work. This designation may reduce insurance premiums, as insurance companies may assume less risk.
  • Keep Your Credit Rating in Check: Insurance companies often use credit scores to determine your premium, so if you keep up with your credit rating, you may be able to pay less for coverage.

Strategies to Help Ride Affordably

There are several ways to cut costs when it comes to motorcycle insurance. These include:

  • Raise Your Deductible: Your deductible is the amount you’ll need to pay before your insurance kicks in and a higher deductible could result in lower premiums.
  • Choose Add-Ons Sanely: Look for special features and discounts that could reduce your premium. Examples include “lay-up” policies that can cover your bike only during the winter months or “take-down” policies that can cover your bike when it is in storage.
  • Bundle Your Insurance Policies: Bundling your motorcycle insurance with home, auto, or health insurance policies may fetch you discounts with some insurers.

Benefits of Shopping Around for Motorcycle Insurance

Shopping around gives you access to a variety of insurers, rates, and coverages. Here are some of the top benefits of doing so:

  • Find the Best Price: When you compare rates, you’re likely to find the most cost-effective deal.
  • Compare Coverage Options: Shopping around gives you the opportunity to find better coverage than you may have had originally.
  • Bidding War: Don’t be afraid to give your current insurance company a chance to match the lowest rate you find. Many times, they will be willing to do so.

Comprehensive Coverage Without the High Price Tag

No one wants to pay more than they have to for insurance, so here are some ideas to get the most for your money:

  • Look For Discounts: Many insurance companies offer discounts for riders who take safety courses or are a part of a riding club. Seek out any discount policies that are available.
  • Pencil Out the Costs: Take time to estimate how much coverage you’ll need and how long you plan to stay on your policy. This will help you avoid paying for extra coverage you don’t need.
  • Go For Third-Party Cover: Third-party insurance could suit some riders who are on a budget. This type of coverage only insures the damage you do to other people or their property.

Breezing Through Motorbike Expenses: Make It Happen

With the right strategies and a little legwork, you can save money on motorcycle insurance and free up more funds for other, equally important expenses, such as gas and maintenance. It’s important to compare insurers and carefully assess your current rider profile before committing to a policy. Once you’ve done due diligence, you’ll be able to find the best pricing and coverage for your needs.


Motorcycle insurance can be expensive, but there are plenty of tactics you can use to save money and still stay appropriately covered. Start comparing companies, looking into discounts, and raising your deductible, and you’ll be well on your way to getting great coverage at an achievable price.

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