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Home > Save on insurance > Save on motorcycle insurance NZ insurance quotes

Save on Motorcycle Insurance

Motorcycle insurance varies, depending on the size of the engine and a few other factors. The most common types of motorcycle insurance purchased in New Zealand are:
  i) Yamaha motorcycle insurance
ii) Suzuki motorcycle insurance
iii) Honda motorcycle insurance
   
Most insurance companies provide motorbike insurance; however, it’s not as common as other policies, such as travel insurance, life insurance, car insurance, or home and contents insurance.
Often, when purchasing a new Yamaha, Suzuki, Honda, Harley, or any other bike from a dealership, they offer motorcycle insurance coverage to ensure your new pride and joy is covered.
The following tips can help you to save on your motorbike insurance:
   
1. Shop around for motorcycle insurance quotes. Contact at least three insurance companies and evaluate their policies carefully. Use the search box at the top of this page to chat with insurance providers now. It’s quick, it’s easy, and it’s free.
   
2. Consider grouping your motorcycle insurance with other insurance policies. Most insurance providers give package discounts.
   
3. Consider paying your motorcycle insurance annually. This reduces administration and invoicing costs for the insurer and the savings are usually passed on to the policyholder.
   
4. To reduce your New Zealand motorcycle insurance, maintain a good driving history. This includes your automobile record as well. Ask your provider whether they give additional discounts for clean driving records. Don’t speed!
   
5. Consider completing a defensive driving course. This is another great way to get cheaper motorcycle insurance rates when shopping for motorcycle quotes.
   
6. Store you motorbike in a safe place, preferably in an enclosed garage or carport. This will reduce the risk of theft. Make sure you bring this to the attention of your insurance provider when obtaining a quote.
   
7. Consider purchasing comprehensive motorcycle insurance opposed to third party motorbike coverage. In a low speed accident, a motorcycle incurs more serious damage than a car would incur at the same speed. If you are at fault, the damage you cause to the other vehicle is covered; however, you will not be reimbursed for the replacement of your motorbike.  Evaluate the pros and cons of cheaper motorbike premiums carefully.
   
8. Consider purchasing additional motorbike insurance for the extras. This is recommended if you have purchased chrome covers, saddle bags, or customised parts.
   

Find out how to save money on insurance by searching through our additional articles.

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DISCLAIMER: My Insurance Guide is not an Insurance Broker and we are not making a recommendation to you. My-Insurance-Guide accepts no responsibility for decisions made as a result of using the information provided.
 
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