Motorcycle Insurance Articles
The Financial Benefits Of Motorcycle Safety
2010-05-27
Motorcycles, for decades, have been iconic of mystery, danger, allure and mystique. Their speed and the risk their riders take in physical harm is part of what makes them so dangerously attractive. It is the thrill of knowing that you are so close to death's door that makes motorcycle riding so appealing for many of the riders. But at some point an elaborate dance with death, however thrilling, is simply still too dangerous to keep doing persistently. In order to maintain the simple pleasures of motorcycle riding without the daredevil risks, it's important for motorcycle riders to observe traffic laws and safety standards. While many new motorcycle riders find thrills in only the breathtaking risks of riding, more seasoned riders enjoy the more sedate approach to riding, enjoying the freedom of the bike while not feeling the necessity for death defying speed or risks.
While there are definite physical and emotional benefits to riding your motorcycle more safely, there are also definite financial benefits as well. Your motorcycle insurance company has specific risk analysts who determine which motorcycles, riders and situations are more dangerous than others and therefore more likely to result in accidents and therefore result in the insurance company having to pay out on the insurance claim. Of course, insurance companies are mostly interested in creating a profit so they want to pay out on insurance policies as little as possible. If they determine that a particular style of motorcycle or a particular rider is safer, the savings the insurance company presumes for itself will be reflected in the cost of the individual's motorcycle insurance monthly premium. However, if the company thinks that a motorcycle or a rider presents a definite risk or possible loss to the insurance company, they will charge the individual more per month in order to offset what might be the inevitable payout on the insurance policy.
So it becomes lucrative and beneficial, not only to your own personal health and well being as well as that of your loved ones to follow safety parameters and traffic laws. It will also save you money on your insurance policy and any insurance claim that you may have to make. Certain particular safety precautions are to observe posted speed limits even when you feel that you may safely override them. It is also important to always be aware of your surroundings, especially on freeways when you are surrounded by larger, more protected vehicles that may or may not see you. It is especially important to leave a cushion between yourself and any other vehicles, especially when riding at high speeds.