Statistically, sport bikes are much more prone to accidents than any other kind of motorcycle.
Developed to resemble race track bikes these are immensely powerful — some are able to hit 200+ mph. Just like asking a thoroughbred race horse to trot all day, these bikes and riders are often tempted to exploit some of their immense performance. When this exceeds the rider’s ability or the traffic conditions — a very big accident involving great lost can result. This explains why sport bike insurance tends to be considerably more expensive than say, a cruiser.
When insuring a sport bike, be sure to let us know of any after market wheels, bodywork, or other modifications that may affect the value of your bike. Also be sure to let us know of any modifications that affect performance.
It’s not uncommon for some modifications to affect or impair handling in normal street conditions. Other modifications may leave a bike no longer “street legal.” All sport bike owners must be aware of the impact those changes can have on insurance.
Motorcycle Insurance Discounts & Programs
Having a large deductible will also reduce your rate. If you increase your deductible to $1,000 you are agreeing to pay the first $1,000 of a claim that is considered your fault. This decision on coverage may have a subtle effect on your riding style and approach: you will have to pay for any minor spills, but you can ride with comfort, knowing your insurance will cover any true catastrophes. It’s a win-win for you and the insurance company, and your annual premium will drop accordingly.
Ready to learn more?
Acacia Insurance has been helping to make the unexpected uneventful since 1988, and we look forward to working with you. Please contact us with questions and for additional information.