Monday, May 12, 2014

Reasons You Need Homeowners Insurance

By Maryl Joop

It's been a long time since Marlon Brando rode his motorcycle in "The Wild One" with no cares in the world except keeping his bike running smooth and looking great in a leather jacket. These days safety is a big priority for most riders, and motorcycle insurance is a major part of that.

Take some time to read through the fine print of your auto insurance policy, and to understand how auto insurance works and you may find that you are able to save money on a monthly basis. The money that you save every month will add up quick, and will be well worth it in the long run.

Ask about an infrequent driving discount: If you only take your motorcycle out for the occasional spin during good weather, then you might not need full coverage: many insurance companies offer discounts to infrequent drivers. Also, if you don't ride in the winter you may not need insurance year-round. (But if you're still paying off you motorcycle, then the bank will probably require you to have full, year-round insurance.)

Replacing Your Possessions: You should assume that all your possessions are covered under your homeowners insurance in Provo Utah. Most policies allow for a certain amount attached to what's inside of the home. Look at your policy to determine whether this amount is high enough to cover everything you own.

Join a biking club: Joining a biking club is a great way to meet like-minded friends, and you could save money on your motorcycle insurance, too-some insurance companies offer discounted policies to motorcycle clubs.

Although you may want to stick with a local provider, you may find that you feel informed enough to work with a national provider after consulting with a local provider. No matter what you do, make sure that your decision is informed and that you feel confident in your decision.

Don't get passenger liability if you ride alone: For the lone wolves out there, you can save on your motorcycle insurance if you ditch passenger liability. However, if you frequently have someone on the back seat, you'll need the extra liability coverage in case you get in an accident and they sue you.

Take your time understanding exactly how you are going to compare the cost of fixing your car to the monthly premium. If your car will not cost a lot to fix, you may want to have a low premium and take care of the majority of repairs. Draw out a few different scenarios for yourself if you find that you are having a hard time conceptualizing what will work the best.

Shop around for motorcycle insurance: If you shop around for motorcycle insurance, you could end up saving more than all 6 previous tips combined! Why? Some insurance companies specialize in motorcycle insurance, and others do not. If you seek out the insurers who cater to riders, then you can save as much as 50%.

About the Author:

No comments:

Post a Comment