Motorcycle Insurance Articles
How To Lower Your Motorcycle Insurance Premiums With Training Courses
2010-11-20
Motorcycle insurance premiums can get very high for some riders, especially those who purchase personal injury protection and other forms of protective coverage. Some bike owners try to decrease these premiums by limiting the amount of coverage that they purchase or by increasing their deductibles, but ultimately this isn't a good idea; buying an insufficient motorcycle insurance policy can be risky. A better way to lower your motorcycle insurance premiums is to look into training courses, which are among the quickest and most effective ways to get the policy rates that you've been looking for.
Training courses are valued by insurers, as more experienced bike owners are statistically much less likely to be involved in an accident. Insurance companies have a definite interest in encouraging drivers to become more responsible and experienced, so most offer discounts to motorcycle riders who take these types of courses. The exact amount of the discount for a training course varies greatly, as insurance companies use different methods to calculate insurance quotes, but in some cases it can reach 20-30%. Depending on the amount of insurance that you're paying for, this can be a tremendous amount of money, especially when extended over the course of a year or more.
To find training courses that will lower your motorcycle insurance premiums, contact your insurance agent and be ready to ask a few questions. Find out whether your insurance company offers a discount for any sort of "safe rider" course, and if so, ask which classes are approved for the discount. You won't be able to take any class that you'd like; you'll have to choose from the classes that have been specifically evaluated by your insurance provider. However, you'll usually have a large number of choices, including many state provided classes that are extremely low cost or even free. Most courses can be completed easily within a few weeks, and if you're an experienced motorcyclist, you won't have any trouble with the tests and instruction provided in these training classes. Completing your safe riding course will result in an immediate discount on your policy as long as your insurance provider is aware that you've successfully completed it.
If you're considering training courses, contact your insurance company for more information. They're a great way to make yourself a safer motorcycle owner and to decrease your risks of being involved in a serious accident-and reduce your motorcycle insurance quotes in the process. Training courses are a valid alternative to reducing your coverage limits and a fantastic way to keep your motorcycle's costs under your monthly budget.