The amount you pay for your motorcycle insurance depends on a lot of factors. Just like car insurance policies, your premiums may depend on the year your motorcycle was manufactured, its make and model. Aside from these things, your risk level will also be evaluated. This is what can increase or decrease your insurance payment.
Antique motorcycle insurance providers have different criteria for determining a client's risk level. With motorcycle insurance, your age, driving record and location may affect how a company will categorize you. If you are under 25, live in an urban area and use your motorcycle often, you may have higher insurance premiums than your older counterparts who live in rural areas.
Many companies think that living in urban areas puts clients at a greater risk of having an accident. This is the reason lower premiums are usually given to those living in rural areas. High risk age groups vary depending on your chosen insurance provider but the most common high risk groups are 25 year-old male clients or younger and 21 year-old female clients or younger.
How much is motorcycle insurance? It will depend on which category you are in. Visit Classic Car Ins and get a free insurance quote today.
About the Author
Drew Yagodnik is Vice President of Classic Automobile Insurance Agency, Inc. Classic Automobile Insurance Agency has been protecting collector, classic and exotics since 1992.