When it comes to purchasing a vehicle, especially for the younger generation, their first choice is regularly a motorcycle. There are several reasons behind this choice, most notably the facts that they can be cheaper to purchase and motorcycles with smaller engines can be used a year earlier on a public road than a car can be. However, whilst they may be cheaper initially, the motorcycle insurance premium can be a considerable amount for young riders, as they hardly possess any driving experience required, so insurance companies have to increase their premiums to compensate for this.
Unfortunately, the fact that new riders have only a small amount of driving experience is going to be a major factor when calculating an insurance premium. This point can be extremely annoying for a lot of young riders, as it is something that cannot be changed or affected and simply something that is helped as time goes by. However, it is good to know for most that there are several varying factors that young riders can change and if looked into thoroughly, these factors can ensure a cheap motorcycle insurance policy.
One of the first things to consider is which motorcycle is going to be purchased. It is extremely tempting to go out and purchase the latest model, with all of the added extras. Whilst it would look visually stunning, for a young rider, it would be almost impossible to find affordable insurance, most notably for the fact the motorbike would be more prone to being stolen, repairs in the event of an accident are going to be more costly and chances are it could be rode extremely fast, increasing the risk of an accident happening. To ensure that the first couple of years worth of insurance premiums remain low, an older motorbike should be purchased, as the insurance company will be more content in providing cover for this, due to the vehicle being much cheaper to repair or replace should an incident occur.
After an appropriate motorcycle has been chosen, it is imperative to ensure low insurance premiums that it remains as safe as possible at all times. For example, during the night, the vehicle should be stored away in a safe and secure location, such as a garage or locked shed. Throughout the day however, it is often difficult to provide as safe as an environment, therefore the motorcycle should be fitted with an alarm, immobiliser and if possible, a tracking device. If all of these factors are abided by, the insurance company will take note that all possible precautions have been taken and will afford a reduced premium.
Above all, the easiest way to reduce your premiums is to be a safe rider. By abiding by the Highway Code, not accruing any penalty points and gaining a substantial No Claims Bonus, the insurance company will see that as no incidents have happened in the past, there is lesser chance they will happen in the future and will therefore be able to adjust the insurance premium accordingly.
Article Source: http://www.eArticlesOnline.com
Unfortunately, the fact that new riders have only a small amount of driving experience is going to be a major factor when calculating an insurance premium. This point can be extremely annoying for a lot of young riders, as it is something that cannot be changed or affected and simply something that is helped as time goes by. However, it is good to know for most that there are several varying factors that young riders can change and if looked into thoroughly, these factors can ensure a cheap motorcycle insurance policy.
One of the first things to consider is which motorcycle is going to be purchased. It is extremely tempting to go out and purchase the latest model, with all of the added extras. Whilst it would look visually stunning, for a young rider, it would be almost impossible to find affordable insurance, most notably for the fact the motorbike would be more prone to being stolen, repairs in the event of an accident are going to be more costly and chances are it could be rode extremely fast, increasing the risk of an accident happening. To ensure that the first couple of years worth of insurance premiums remain low, an older motorbike should be purchased, as the insurance company will be more content in providing cover for this, due to the vehicle being much cheaper to repair or replace should an incident occur.
After an appropriate motorcycle has been chosen, it is imperative to ensure low insurance premiums that it remains as safe as possible at all times. For example, during the night, the vehicle should be stored away in a safe and secure location, such as a garage or locked shed. Throughout the day however, it is often difficult to provide as safe as an environment, therefore the motorcycle should be fitted with an alarm, immobiliser and if possible, a tracking device. If all of these factors are abided by, the insurance company will take note that all possible precautions have been taken and will afford a reduced premium.
Above all, the easiest way to reduce your premiums is to be a safe rider. By abiding by the Highway Code, not accruing any penalty points and gaining a substantial No Claims Bonus, the insurance company will see that as no incidents have happened in the past, there is lesser chance they will happen in the future and will therefore be able to adjust the insurance premium accordingly.
Article Source: http://www.eArticlesOnline.com
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