In an effort to find the cheapest policy you could just to save a few pounds you may have ended up with inadequate cover for your motorcycle. This could very well be a decision that you are going to regret for the rest of your life. To help make sure that you get the best policy you can for the money you are able to spend consider the following.
1. Look, assess and then buy: It may sound like a good idea to call around to a couple different agencies to see what they all charge for third-party cover and go with the one that has the lowest premium. Yes, this may seem like a great idea, but this is only because you are making the false assumption that all third-party cover policies are the same. It is very important that you take the time to look at exactly what the policy you are being offered covers. The last thing you want is to be stuck in the middle of the road, standing in a court of law or facing astronomical repair bills because you wanted to save a few pounds.
2. Secondly, getting the wrong type of insurance will cost you more money in the long run then it saves you up front. If you live in an area that has a high crime rate and you decide that to save a few quid you are only going to get third-party cover you may end up spending more than you saved. Think about this, if the risks that surround your motorcycle are high it only makes sense that you opt for cover that is going to keep your investment as safe as possible. Sure it may cost more than you want to spend right now ask yourself if you would rather shell out the money for a new bike on your own.
3. The point is that you take the time to research on the internet or talk with an insurance agent that specialises in motorcycle insurance so that you can find out what options are available to you. You can even request quotes online. This can save you time, but you will want to make sure that you are getting quotes from reputable companies. Finding the right policy from a less than scrupulous company can be just as costly.
4. Even with a reputable company you may find issues if you don't understand exactly what you are looking for. Remember that the bottom line for the agent and the insurance company is to make money, while they try to keep your best interest in mind. In the end the one that is going to be responsible for what their motorcycle insurance did or did not cover is you.
Your motorcycle is giving you a way to feel free, make sure that you are getting the best cover you can afford so that you ward off a financial nightmare should something untoward happen to your motorcycle.