When you buy your first motorcycle, you may not know where to turn for motorcycle insurance. There are insurance companies that specialize in motorcycle insurance, while some auto and truck insurance companies will not write these policies. If you are looking into purchasing a motorcycle for the first time, or you recently bought your first motorcycle, the following tips will help you find the right motorcycle insurance policy from a reputable insurer at a price you can afford.
Add Your Motorcycle to Your Auto Insurance Policy
The cheapest option for motorcycle insurance is to add your motorcycle to your existing auto insurance policy. Bundling your insurance coverages and keeping everything with one insurer saves you time and hassle. It can also make your coverage a lot cheaper. However, some auto insurers will not write policies on motorcycles. If you find this to be the case with your auto insurance provider, don't jump the gun and move all of your policies to another insurer unless you can find a bundled policy for your car and bike elsewhere. You may just need to have your car and bike insured separately.
A lot of great deals can be found online, no matter what types of purchases you are looking to make. This is also true with motorcycle insurance. There are several insurance companies that specialize in motorcycle policies; these companies offer their services online. You can search for policies and get quotes online with no obligation and very little investment of your time. Once you find the right policy, you can purchase your coverage online and fax or scan the signed documents back from the comfort of your own home. This will get you and your bike on the road with the appropriate insurance coverage in a matter of hours.
Talk to Your Friends
If you have friends who ride, they obviously have insurance policies. Talk to your friends and find out what insurance company (like Olympic Northwest Insurance) they use to obtain coverage for their motorcycle. You will also get unbiased reviews, to help you find the best insurance companies and identify the ones you might want to steer clear of for the time being. You may also be able to get a discount on your insurance if you have a referral from a friend. And saving money on your motorcycle's insurance will give you more room in the budget for accessories and gas for those road trips.