Motorcycle along the BeachPlenty of bikers take pride in riding and displaying their motorcycles. One way to show pride in the investment you've put into your bike is to protect it with motorcycle insurance. But even though motorcycle insurance is vital (and typically required by law), you don't have to settle for paying high premiums for good coverage. Here are three ways to help cut down the costs of motorcycle insurance.

Consider Your Motorcycle

A custom-built motorcycle is likely to be worth more than a standard bike with factory parts and paint. Not to mention, a custom bike will be more difficult to repair or replace in the event of an accident or other loss. The more expensive your motorcycle is, the more your policy is likely to cost — as coverage needs to reflect the value of the vehicle. If a budget is your main concern, you may want to stick with a standard motorcycle straight from the dealer.

Rethink How You Ride

Have you thought about your driving history lately? If you've racked up several tickets or have had multiple accidents over the past few years, your rates could be higher because of it. Bikers with clean driving records pose less of a risk to insurers, and those good habits are often rewarded with lower rates. Your rates may also be correlated to how often you ride. For instance, seasonal riders may have lower rates than those who ride year round. Why? Because — statistically speaking — the more time you spend on the road, the higher your risk of an accident.

Ask About Discounts

One of the most common insurance discounts is earned by bundling policies together. Buy your motorcycle insurance from the same provider as your home and auto insurance and you could save across the board. And plenty of insurers offer a wide range of discount options that you may not know about unless you ask. Talk to your agent about discounts for paying annually, taking a safety course, being a loyal customer and more.

How much could you save? Call Fulton Agency, Inc. at (954) 752-8610 for more information on the Florida motorcycle insurance policies we offer.
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