How Young Drivers Can Save on Motorcycle Insurance

More often than not, young drivers pay higher insurance rates compared to people aged 25 and above. With this, young people might find it challenging to pay for insurance.
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If you’re below 25 and have a motorcycle, here’s what you can do to save up on your motorcycle insurance. 

1. Increase your deductible
   One of the simplest things you can do to save on your motorcycle insurance is to increase your deductible. The deductible is the out-of-pocket amount you pay when making a policy claim. For example, a $500-deductible means you spend $500 before the insurer pays on your behalf. Note that the higher your deductible is, the higher insurance rates are. 
   
   
2. Take a driving safety course
   Taking a driving safety course is another way to save up on your insurance. However, note that your insurer should recognize the course. In turn, you can save up to 15% on average. 
   
   Additionally, young drivers can lower insurance rates with a recognized defensive driving course.
   
   
3. Get a lower-powered motorcycle
   Generally, more powerful engines cost more when it comes to insurance. If you don’t own a motorcycle yet, purchasing one that’s 125cc and below will significantly decrease your premiums. This is because motorcycles with more powerful engines are known to be more accident-prone. 
   
   
4. Opt for state minimum coverage
   If you didn’t buy the motorcycle on loan, you could opt for state minimum coverage. This can help save a significant amount of money compared to acquiring a comprehensive plan.
   
   However, be reminded that states only cover damages that aren’t your fault. 
   
   
5. Acquire limited insurance
   Limited driving time can also decrease your insurance rates. If you only use the motorcycle at specific times of the year, you can insure the motorcycle for that particular period. 
   
   
6. Improve your credit score
   Of course, credit scores are important when acquiring insurance. With this, you might need to increase your credit scores before purchasing an insurance policy. 
   
   Note that a higher credit score means lower insurance premiums. 

Wrapping Up
Saving on motorcycle insurance when you’re a young driver can be difficult. However, keep in mind that being protected should be a priority because driving a motorcycle has many risks. 

At Priority Insurance LLC​, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (864) 297-9744. You can also request a free quote by CLICKING HERE.