.: Things that Affect Your Quote
To the uninitiated, differences between various motorcycle insurance quotes can seem arbitrary not to mention frustrating.
Operating with plenty of money at stake and intent on mitigating risks as tightly as possible, however, insurance agencies work with complex statistical figures to arrive at a reasonable quote for various types of riders and their bikes.
Although it may not seem especially fair, one of the most crucial elements of a motorcycle insurance cost calculation is the rider's age. While it's certainly true that some young riders are more responsible than their older peers, insurance companies are more or less forced to abide by averages, and those with less experience on the road are more likely to claim.
Riders with numerous points on their licence or accidents on their record are likely to encounter higher prices, as are those with newer, sportier bikes. Regular mileage is a factor too, as is how and where the bike is parked when not in use. In the United Kingdom, riders can expect motorcycle insurance rates to rise and fall based on these fairly universal criteria, and those living in London or other major cities should anticipate higher rates than riders stationed in the countryside.
Despite the temptation to augment insurance forms in an attempt to achieve a lower premium price, accuracy is of the utmost importance when applying for a motorcycle insurance policy. As discrepancies can cause significant delays or even the denial of claims, owning up to personal disadvantages is a necessary part of the insuring process.