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motorcycleMotorcycle insurance is not only required under your state's insurance laws, but for most bikers, it makes sense to buy a policy. Just like insuring a car, you can get coverage for collision, theft and vandalism. More importantly, bodily injury and property damage liability coverage can protect you against personal exposure to large financial judgments if you injure someone or damage their property and are found guilty in a court of law.

It’s easy to see why it makes sense to buy motorcycle insurance, but it also makes sense to try and pay the lowest possible price for the coverage you need. Insurance companies consider a number of different variables before determining your premium, including the following:

  • Age: Younger drivers present a higher risk.
  • Gender: Males tend to be more reckless on the road.
  • Marital Status: Married people are statistically more responsible.
  • Make/Model/Year: Is the motorcycle more likely to be in a crash or stolen? 
  • Driving Record: Accidents, tickets and other violations may increase your premium.

Some of these variables, like age and gender, you cannot do anything about. For the others, where you can exercise some care and control, you can take actions that can help lower your premium. Take a look at some of the ways you can lower your cost for motorcycle insurance. 


Ask your independent insurance agent about the different types of discounts being offered by different insurance companies. You probably will not qualify for all of them, but taking advantage of the ones for which you are eligible can cut serious dollars off your premium.

·         Good Driver Discount: Keep a clean driving record for at least three years.

·         Homeowner Discount: If you own a home and a motorcycle, you can qualify for a discount because historic data shows that homeowners are less likely to file a claim than those who do not own a home.

·         Helmet Discount: Stay safe and your premium may also drop if you always wear your helmet (not required in all states). 

·         Anti-theft Discount: Install an alarm or other anti-theft device.

·         Upfront Payment Discount: When you buy a policy, pay a lump sum instead of choosing a monthly payment plan. 

Other Ways to Save

  • Buy a practical motorcycle instead of a high-powered, expensive model.
  • Choose a higher deductible on your motorcycle insurance policy.
  • Consider dropping your collision coverage if you ride an older bike.

Learn how much you could save. Call Insurance Planning Service at (734) 421-9900 for more information on Michigan motorcycle insurance.

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NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
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Lighthouse Group Main Office in Grand Rapids, MI
Mailing Address | P.O. Box 530009, Livonia, MI 48153

Phone: 734.421.9900 | Toll Free: 800.220.5582 | Fax: 734.421.9911

Also serving these Detroit area communities in Michigan: Livonia, Farmington Hills, Ann Arbor, Southfield, Plymouth, Canton, Westland, Northville, Novi, Dearborn, South Lyon & Walled Lake