Did You Know?

Unlike captive agents, independent agents can offer products from many insurance companies. This helps them better serve your interests, as they can review multiple options to find a policy and rate that’s right for you.

Posted in Uncategorized by admin. No Comments

How To Get The Best Motorcycle Insurance Rates

Getting good motorcycle insurance rates can be a tricky business as there are many associated risks that come along with riding a motorcycle. Like with auto insurance, there are a number of factors that are taken into consideration when working out premiums.

Some of these factors would be the age of the rider, how experienced the rider is, the type of motorcycle and estimated market value. If the rider has a standard drivers license and if they have a large amount of speeding tickets, then this could work to their disadvantage, although it is very rare for insurance companies to go that far into detail.

Motorcycles in general are much more unsafe than cars, for obvious reasons. This is why most insurance companies treat them as high-risk insurance. The best way to reduce your motorcycle insurance rates is to attend a professional riding course or, depending on your experience, you could also attend an advanced riding course. Doing this will show your insurance company that you are responsible and will reduce your risk profile.

Another factor that would need to be clarified is what the motorcycle will be used for. Your insurance company will want to know whether you plan to use it for your daily commute to and from work, making it your primary means of transportation. Or will it be used purely for recreational purposes, for that Sunday cruise or weekend escape? If it will be a primary means of transport, then insurance companies will also try to establish what kind of mileage you ride and how much of the time you spend on the road.

A sales representative, for example, who spends the majority of his day on the road would require a higher premium than an office worker. The reason for this is that the sales agent would be spending a far greater time on the road, increasing his possibility of having an accident. Another reason would be that a salesman would be visiting different clients throughout the day and the bike will be parked in various locations. Some of the locations may not have secure parking lots, increasing the chances of theft.

The good thing is that because there are so many insurance companies out there, you can take your time and get quotes from everybody. Go through their service offering in detail and decide which route you would like to take. It is important that you read the fine print and make sure that while looking for the best motorcycle insurance rates you are also getting suitable coverage that will not leave you in a tight spot should you need to make a claim.

5 Steps to Cheap Car Insurance

Getting cheap car insurance isn’t always as easy as it sounds. Once you do start shopping around, you’ll notice right off that every provider differs in how they determine rates.

While one company might cater to only drivers with a solid driving history, another might cater to teenage drivers or even high risk drivers with a DUI on their record. It can get confusing in a hurry. But don’t fret; you’re just five steps away from getting the most affordable premium possible.

1. Study Your Coverage Options
Knowing what your coverage options and what you need is the first step to savings. Consider whether you need full coverage or liability only. If you’re still paying on your vehicle, then you’ll likely be required to carry collision car insurance in addition to your liability.

This covers your automobile in accidents that are deemed to be your fault, or in one-car accidents. Comprehensive coverage covers everything else you can think of, from fire to weather damage. It even covers damages due to hitting an animal on the highway.

If you live in a high crime area, comprehensive coverage covers theft. Becoming familiar with all the options will keep you from buying too little or too much car insurance.

2. Do an Online Comparison
Cheap car insurance can be within your reach by searching with online comparisons. There are thousands of websites that enable you to compare quotes from multiple top providers in your area.

And, you won’t have to spend hours or days visiting each company individually. It’s all at your fingertips so you can make an informed decision without wasting time.

3. Increase Deductible
Opt for a higher deductible to see the rate difference with each company. You might be surprised how much you can save by simply choosing a $1,000 deductible instead of a $250 deductible. A higher deductible means a little more risk for you, but less risk for the provider. So, when you agree to accept more of the risk yourself, you’ll often be rewarded with lower premiums.

4. Check Into Auto Insurance Discounts
Most carriers offer discounts of some sort to take the edge off high insurance premiums. You can get a discount if you’re a safe driver with no accidents, speeding violations, etc. on your record.

If you have a teenage driver, she can get discounts for completing driver’s education and for getting high grade marks in school.

When in the market for a car, opt for one with all the latest safety features as well as anti-theft devices. These can help you get cheaper auto insurance as well. Discounts might also be available for mature drivers, home owners, motorists that are in a certain profession, etc.

5. Keep Your Driving Record Clear
Nothing helps you obtain cheap car insurance faster than a good driving record. Drive the speed limit and be aware of your surroundings to avoid accidents. Even small, seemingly insignificant automobile accidents can equal higher car insurance rates.

Also, don’t drink and drive! A DUI will cause your rates to skyrocket…if you’re able to get coverage at all! And you’ll likely have to take a driver’s course to get your license reinstated. It’s not worth the risk.

Follow these steps to enjoy cheap car insurance rates for years to come!

Posted in Auto Insurance by admin. No Comments