8 tips to reduce the cost of your motorcycle insurance

Enduro is more than just a hobby: it is often a passion. However, this passion comes at a price. Between the purchase of the motorcycle, equipment, petrol, travel and mechanical maintenance, expenses can quickly accumulate. And to this must be added the sometimes high compulsory cost of motorcycle insurance, which may represent a substantial budget. Fortunately, there are tips to lighten this bill without compromising your security or coverage. Here's how you can save smart.  

1. Choosing the right insurance formula

The first step to saving on your insurance is not to overdo it. For example, riding in enduro is not not the same risks for the biker than to drive in the city: You may not have the same risks, so you probably do not need the maximum recommended coverage for urban and/or daily use. If you ride mainly on roads (enduro) and you use little of your motorcycle on the road, a third-party formula might suffice. This basic coverage protects you in the event of civil liability, but not for damage to your motorcycle. For this, it will surely be necessary to add an optional guarantee (to be seen with your insurer). The main thing is to adapt your contract to your actual use.  

2. Play on the amount of the franchise

The deductible is the amount you agree to pay out of your own pocket in the event of a glitch before your Motorcycle Insurance take over to pay the supplement (total reimbursed minus your deductible). The higher the deductible, the cheaper the insurance premium. So if you are an experienced driver and feel confident, increasing the amount of the franchise can be a good option to consider for reduce the overall cost of your insurance. But be careful not to increase the amount of this deductible too much (remains chargeable), as you may end up with a salty invoice in the event of an accident.  

3. Opting for insurance per kilometer

If you only do a few enduro trips per year, thekilometre insurance could be your best ally. This type of contract allows you to pay only for the kilometres you travel. This is particularly advantageous for those who take out the motorcycle only on weekends or for a few hikes during the year. The less you drive, the less you pay, simply because for the insurer your risk capital is lower.  

4. Bet on loyalty (or not) to your insurer

It can be tempting to stay with the same insurer out of habit and comfort. But do you know that you can save money by changing insurers regularly? Insurance companies often offer more advantageous offers to new customers to attract them.  So, let's play the competition, compare quotes and do not hesitate to put your current insurer in competition with others. You can also make quotes from the competition and if you find it cheaper, go back to your insurer and present the quote to ask them if they can (or want) to align with this more advantageous pricing (with equal coverage if possible).

Legal reference: The Law No 2014-344 of 17 March 2014, known as the Hamon Law, relating to consumption, allows insured persons to terminate their car, motorcycle, home, etc. insurance contract at any time after one year of commitment. This promotes consumer mobility and encourages competition between insurers.

On the other hand, being loyal to your insurer in the long term can also pay off, because sometimes just asking for a little price boost to reward your loyalty can also lower the rating. Asking your insurer for an appointment once a year to review your contracts can be a good opportunity to renegotiate your insurance premium downwards.

If you are a young driver, some offers fromTwo Wheel Insurance might as well offer you some interesting conditions. Keep in mind that changing insurers today is no more complicated than kicking off your bike on a winter morning. If you have succeeded, you can change insurers!  

5. Review Unnecessary Options

Insurers all tend to offer you lots of attractive options that are more or less hidden: assistance 0 km, enhanced legal protection, reimbursement to nine ... It’s nice, but is it really necessary? Sort through what you pay for. And most importantly, ask yourself the question ofusefulness and relevance of these options for you. Maybe some of them are superfluous for theuse you make of your motorcycle ? Go to the essentials to keep a cover that fits your real needs without breaking the bank.  

6. Exemplary Behaviour

Yes, yes, we know, it’s easy to say. But good behavior on the handlebars of your bike can save you money in the long run. No claims, no accidents, and hop, you become the perfect customer for insurance. Some insurers reward prudent drivers with bonuses So be responsible, do not take careless risks, stick to the rules and your portfolio will thank you.  

7. Take advantage of specific discounts

Some insurance companies offer discounts for pilots who have followed driving courses or for the installation of systems approved anti-theft devices (example for the installation of a GPS tracker on your motorcycle). These actions, which may seem trivial, can make a big difference to your insurance premium. Check with your insurer to see if you are eligible for these discounts.  

8. Annual, monthly or quarterly payment: what to choose?

When it comes to paying for your motorcycle insurance (or car, house, etc.) the frequency of payment can also make the difference on the total amount. Opt for a Annual payment is often more advantageous, as it allows for a reduction in the total cost compared to monthly or quarterly options. On the other hand, if your budget does not allow you to pay a large amount at once, monthly or quarterly payments can offer more flexibility. Be careful though, this facility is usually paid for by additional charges. Do your calculations to see what is most interesting for you in the long run!  

In summary:

Reducing the cost of your motorcycle insurance is therefore possible without sacrificing your cover. If you take the time to spend a few minutes in front of your contract and ask yourself these 8 questions, you should find something to save some money on. By adapting your contract to your real needs, playing on deductibles, and engaging in responsible biker behaviour, you will be able to reduce your insurance premium. And all this, without cutting back on the protection necessary to continue to live your passion for the bike while being well insured. So, ready to reduce the bill?

Comparison of insurance options for a motorcycle

Questions/answers: Motorcycle Enduro Insurance