Motorcycles are one of the most affordable forms of motorised transport in many parts of the world and, for most of the world's population, they are also the most common type of motor vehicle.[3][4][5] There are around 200 million motorcycles (including mopeds, motor scooters and other powered two and three-wheelers) in use worldwide,[6] or about 33 motorcycles per 1000 people. This compares to around 590 million cars, or about 91 per 1000 people. Most of the motorcycles, 58%, are in the developing countries of Asia—Southern and Eastern Asia, and the Asia Pacific countries, excluding Japan—while 33% of the cars (195 million) are concentrated in the United States and Japan. As of 2002[update], India with an estimated 37 million motorcycles/mopeds was home to the largest number of motorised two wheelers in the world. China came a close second with 34 million motorcycles/mopeds.
Quick Tips for Choosing New Motorcycle Insurance
Going back to basics
The first thing you should do before getting your motorbike policy is to know the basics of acquiring new motorcycle insurance. Start doing some research about various policies offered by different insurance agencies. Compare the terms and conditions of the different policies offered by such companies, and look at the reputation of the agencies you plan to transact with. You can do this by calling them up, visiting their main offices or browsing their websites.
At this point, a spreadsheet could serve as a tool that could make it easier for you to compare various companies. Create a spreadsheet and add all the necessary data you have collected about the companies you have researched about. Include important information, such as the reputation as well as the additional benefits and discounts that they offer.
Getting free quotes for new motorcycle insurance policies
After learning more about the background of the companies you wish to transact with, you should proceed to getting quotes. Try acquiring some free quotes from their websites in order to make it easier for you to compare their insurance rates. These estimates would reflect the amount of money you would need to spend on insuring your motorcycle. Once you have known how much your preferred motorcycle insurance policies cost, it would become much easier for you to find the cheapest insurance premiums offered by reliable insurance agencies.
Before getting online or offline quotes for your new motorcycle insurance, you should be prepared to answer some of the most important questions of your preferred insurance agency. Expect them to ask you about the age of your bike, the size of its engine and its brand. They might also do some probing about your driving skills and check on your driving records. Since these important factors could greatly affect the price of your insurance premiums, you should be very careful when answering these questions of your insurance agency.
These are the most important things you should know when choosing from different insurance policies. Once you have done these quick and easy tips, finding new motorcycle insurance that is perfect for you will become as easy as pie.
John specializes in health, fitness and insurance. Read his latest articles explaining how to find new motorcycle insurance and tips on how to make car insurance claims if your in an accident.