Motorcycle Insurance Lakeland FL
Why do you need insurance for your motorcycle?
You'll enjoy being out on the open road even more when you you know you, your passenger and your bike investment are covered financially if anything happens:
- If you're in an accident or your motorcycle is stolen, it can cost a lot of money to fix or replace it.
- If you or your passenger is injured in an accident, medical costs can be extremely expensive.
- Bodily injury to someone else, or damage to someone else's property which you are legally responsible for open you to the risk of being sued for much more than you're worth.
- Side cars and protective gear can be stolen, destroyed or lost and motorcycle insurance covers this.
- Theft, fire or vandalism while your motocycle is ion storage.
Things to consider and questions to ask your Lakeland FL motorcycle insurance agent
Your Independent Agent is an advocate for finding insurance that meets your specific needs. Here are a few things to consider as you prepare for the discussion:
- To find a suitable premium and deductible, consider how much you can afford to pay if your motorcycle is in an accident, damaged or stolen? Ask your agent about cost savings if you raise your deductible.
- Are discounts and programs available for taking safety classes or having multiple policies? Discounts may be applicable if your motorcycle is stored in a garage or if you belong to a motorcycle association.
- How much medical and liability coverage should you have.
- Does the insurance company have a good reputation for customer service in case of emergency roadside assistance or breakdowns on trips? Is the insurance company known for paying claims fairly and promptly?
- What's the process for filing and settling a claim on your motorcycle insurance?
Tips for the cost-conscious motorcycle rider
Many factors can play a role in determining what your motorcycle insurance costs will be; your age, your driving record, where you live and the type of motorcycle you own. Being a graduate of a rider-training course can help reduce costs:
- Many insurance companies offer discounts from 10 to 15 percent on motorcycle insurance for graduates of training courses, such as the Motorcycle Safety Foundation (MSF) rider course. If you are under the age of 25 - usually considered a higher risk - you may see some savings by taking this course. It's also a good idea for cyclists who have already had accidents to help offset insurance costs.
- In many northern states, riders may save money by buying a "lay-up" policy. With a lay-up policy, all coverage except comprehensive is suspended during winter months.
- Find out what discounts your insurance representative offers. Multibike discounts for those insuring more than one bike, and mature rider discounts for experienced riders, are just a couple possibilities. Discounts can range anywhere from 10 percent to 20 percent, depending on the company and your state. Availability and qualifications for discounts vary from company to company and state to state, and your motorcycle insurance agent will identify these for you.
- The type and style of motorcycle such as a sports bike vs. a cruiser, and age of the motorcycle and mileage and where you store your bike may also affect how much you pay for your premium.
- Maintaining a good driving record with no violations will also help reduce your motorcycle insurance premiums.