Mark

Houston, TX

Dear Mark,

Congratulations on the purchase of your motorcycle. Your purchase of a motorcycle is a wise solution to the soaring gasoline costs. You do want to be sure to protect your investment and there are several things to consider when shopping for insurance.

• What is required? You are required to have liability in the event that someone else is harmed in an accident and you are at fault.
• Do you already have medical insurance? If yes, then you will not need medical coverage which will lower your premium.
• Do you want UM or UIM (uninsured motorist or underinsured motorist)? This is to cover you if someone else is at fault and does not have insurance or they don’t have enough coverage to pay all of your property damage and medical expense claim. This would pay the difference not covered by the other party’s insurance.
• Does the insurer offer premium discounts? With your good driving record you should ask if they offer a no claim bonus. In other words will they give you back a portion of your money if you don’t file any claims over a set period of time.

The fastest and easiest way to compare quotes from the top 12 companies is to use the zip code form above. You will instantly receive your quotes for free, and that is a price we can all afford!

We would appreciate any feedback you might have so post a comment after you have gotten your quote.

Steve A.

Technorati Tags: motorcycle insurance rates

Reader Question:

I don’t have a good driving record, how can I get the best motorcycle insurance rate in Houston?
Stephen

I have good news and bad news for you Stephen. Drivers with a record are considered a high risk and pay high premiums. That is the bad news but all is not lost.

You can off set some of this by taking a motorcycle driver’s training course. Insurance companies give discounts for taking a course. Check out one of the many training schools in Houston.

I don’t know if you have already bought your motorcycle but if you haven’t then consider buying a less expensive or used motorcycle. As the size of your engine goes up so too does your premium, a motorcycle with a smaller engine can really cut your cost.

You can’t negotiate rates with an insurance company, but you can shop around. One insurance company may look at your record and be very hard on you with high rates where another insurance company may be very forgiving, especially if you took a training course and have much lower rates. Do your footwork and get several quotes. Online services like the one on the page make the process quick and easy. I just recently got auto insurance and when I used an online service for the quotes the agents email me with the estimates. They did the work for me.

I hope this answers your question. Drive safe and enjoy your bike.

Freerider

Spring, TX

Freerider,

Way to go on the girl and the bike. You definitely want to be sure that you and your girlfriend are taken care should you get in an accident on your bike. If this is your first bike I would recommend that you take a motorcycle safety driving course. Many insurance companies offer a 10 to 15 percent discount for taking and passing a driving safety course, so be sure to find that out. If you plan to have guest riders on your motorcycle, be sure to discuss this with your agent, as each company has its own policy. A guest rider may increase your premiums. Shop around to find the agent or company that is right for you.

Technorati Tags: motorcycle insurance coverage