Honda Motorbike Insurance : Top 3 Tips to Cut the Costs
Honda Motorbike Insurance : Top 3 Tips to Cut the Costs
Many factors that dictate your Honda motorbike insurance premiums are not within your control. Such as your age and gender. But there are some things you can do to ensure you find the cheapest Honda motorbike insurance.
Here's my top 3 list...
1. Shop Around Before Buying Cover
Insurance firms use different standards to analyze their customers. If a few companies quote you a high price, keep shopping. It only takes one to give you a low quote for you to save money.
Using an online comparison service can use your information to get quotes from a wide variety of insurers. This saves you a lot of time by not having to enter your same information for each company.
2. Don't Accept Your Renewal Quote Without Shopping
If your policy is about to run out, watch for your insurance company to raise your rate for the next year. This is true for most companies because people tend to just stick with one company for years just because they don't want to have to shop around again. Insurance companies make a huge amount of money by not having to do anything but send out a bill.
If they would just look around, they could find another company to give them the same service for hundreds or thousands cheaper.
3. Get a Smaller Honda Motorbike
Insurance companies consider motorbikes with larger displacement motors to be faster and therefore at higher risk for an accident. Before you buy your next motorbike, find out how much the insurance policy will cost. It may be significantly cheaper on the policy to get a smaller motor.