Motorcycles are great alternatives to cars for the young population. The low fuel consumption makes them an affordable option. It is good to protect your investment and give your motorcycle respect that it deserves. Thus, you need to select the right insurance cover for it. However, find an affordable motorbike insurance for the young riders is quite tricky. This is because statistics are against them; young riders are involved in accidents than mature people. Fortunately, it is possible to find reasonable motorcycle insurance cost for 18 year old. It is your duty to carry out adequate research and do some shopping around.
Restrictions for young riders
For one to be allowed to ride a motorcycle, he or she must obtain a provisional licence. This is dependent on the type of motorcycle. The size of the engine also determines the type of licence you should acquire. After acquiring the licence, you can only start riding after completing the required basic training that validates your licence for two years.
Young Riders motorcycle insurance rates
The amount you will pay for your motorcycle is dependent on several factors such as the size of the engine. The following are the common motorcycle insurance policies:
This form of insurance covers theft of the bike and liability. Moreover, it can be tailored to include different extras such as passenger liability and uninsured motorist coverage in case a rider hits you without vehicle insurance.
This covers accidents. However, it does not cover damage to your bike or injuries you sustain. It covers physical injuries to the other driver and his or her vehicle.
This covers everything including liability, collision insurance, and comprehensive theft.
Tips to insuring your motorbike
Ask a specialist
Nowadays, some companies specialize in providing insurance cover for bikes. Thus, you should check with the dealer or even ask your fellow bikers for any recommendations.
You can get free quotes from different insurers as motorcycle insurance rates do vary from one company to another.
Ask for bulk discount
If you insure your automobile, home, or boat with a particular company that provides this form of insurance, you are free to ask them a discount.
You should note that the normal insurance policy for motorcycles does not cover enhancements that you have on your bike. Such enhancements include sidecar, custom paint or chrome accessories. Fortunately, you can get cover for such upgrades.
How to lower motorcycle insurance premiums
Young riders can lower the amount that is paid for premiums. The following tips can be of help:
You may consider choosing a small bike that has a powerful driving force. However, you can save such dreams for years to come. You should note that young riders are restricted to certain engine sizes. In fact, if your bike has a powerful driving force, you are bound to pay a high amount for insurance cover.
Abide by law
If you are a young rider with points on your licence as a result of speeding convictions you are likely to pay more for your motorcycle insurance. You should always maintain a good driving record. This ensures that you keep the costs at minimal.
It is not possible to know what awaits you. If you build few claims, the cost of insurance is likely to come down. Thus, you should drive carefully and reap huge rewards.
The risk of theft has an impact on the cost of insurance premiums. It is a good idea to have anti-theft protection. This can reduce the amount you will pay.