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VIDEO: Money Matters: Motorcycle Insurance

Credit: WFMZ Allentown, PA
Published on April 28, 2019 -
VIDEO: Money Matters: Motorcycle Insurance
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VIDEO: Money Matters: Motorcycle Insurance

Philanthropic community.

>>it's the 4th year the schools have been partnering for this event according to the national highway and traffic safety administration there are more than 7 million motorcycles in the us and many of those motorcycle owners may be paying too much for insurance wfmz is amy unger has some tips to save money in tonight's money matters.

>>when it comes to ensuring to wheeler what many bikers do is simply hand the business to the company that insures their car.

That may be a bad idea because their companies that specialize in motorcycles and you might be able to get a better rate from one of them.

So tip number one is always shop around tipped to join the club membership in club like the harley owners group bmw motorcycle owners and american motorcyclist association can get you discounts.

They can also give you the opportunity to talk to other bikers and see who's paying what to whom if you only take your bike out occasionally you might want to ask for an infrequent writers discount or if you store your bike all winter you might get a discount for that as well.

Now while you do need liability insurance there might be some situations where you can drop the car and collision.

But of course keep in mind if you get into a rack or if someone save analyzes your bike you.

>>are on your own.

Another idea ask for discounts are you over 50 keep your bike in a locked garage, have anti fat devices installed insurance companies offer all kinds of discounts off and you have to act they don't offer is your deductible this works for any kind of insurance from health to home to motorcycle, raising the deductible from 250 bucks to a 1000 is

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