Insurance Options

Exciting Insurance Options for Popular Beginner Motorcycles in 2024

As we ride into 2024, the motorcycle market is buzzing with fantastic options for new riders. Let’s explore some popular beginner-friendly bikes and the insurance considerations that come with them. Honda Rebel 300: Urban Cruiser’s Dream

• The Honda Rebel 300 is a favorite among new riders, known for its user-friendly nature and stylish design. For this bike, consider Basic Coverage: Start with liability insurance, which is mandatory in most states. Given the Rebel 300’s affordability, you might opt for higher liability limits to protect your assets.
• Comprehensive Coverage: The Rebel’s popularity makes it a target for theft. Comprehensive coverage can protect you against theft, vandalism, and weather-related damage.
• Accessory Coverage: Many Rebel owners love to customize their bikes. If you add accessories, look for policies offering $3,000 or more in custom parts coverage.

Insurance Tip: Some insurers offer “lay-up” periods for the winter months, saving you money if you don’t ride year-round.Kawasaki Ninja 400: Sporty and Savvy

• The Ninja 400 offers an exciting entry into the world of sports bikes. For this peppy performer, consider Collision Coverage: Collision coverage is crucial given its sporty nature. Look for policies with a reasonable deductible that you can afford if you need to make a claim.
• Medical Payments Coverage: Sport bikes can be more prone to accidents. Medical payment coverage can help with medical bills if you’re injured while riding.
• Uninsured/Underinsured Motorist Coverage: This can be especially important for sport bike riders, protecting you if you’re hit by a driver without adequate insurance.

Insurance Tip: Many insurers offer discounts for completing motorcycle safety courses. These courses can be particularly beneficial for sport bike riders.Yamaha MT-03: Urban Warrior

• The Yamaha MT-03’s agile handling makes it perfect for city riding. For this urban-focused bike, consider Personal Injury Protection (PIP). If available in your state, PIP can be valuable for city riders who face higher risks of low-speed collisions.
• Roadside Assistance: City riding can mean unexpected breakdowns. Look for policies that offer robust roadside assistance.
• Gear Coverage: Many policies now provide coverage for riding gear. This can be especially valuable for daily commuters.

Insurance Tip: Some insurers are now offering usage-based insurance for motorcycles. If you’re primarily a city rider with low mileage, this could lead to significant savings.Suzuki SV650: Versatile Performer

• The Suzuki SV650 bike can grow with you as your skills improve. For this versatile machine, consider Agreed Value Coverage: If you plan to keep your SV650 long-term and potentially modify it, look for insurers offering agreed-value coverage. This ensures you’ll receive the full agreed-upon value if your bike is totaled.
• Trip Interruption Coverage: The SV650 is capable of longer trips, and trip interruption coverage can be valuable if you plan on touring.
• Increased Liability Limits: As a more powerful bike, consider higher liability limits to protect yourself in an at-fault accident.

Insurance Tip: Some insurers offer discounts for memberships in motorcycle organizations. If you join a Suzuki riders’ group, ask about potential discounts. Royal Enfield Meteor 350: Retro Charm

• While not on your original list, the Royal Enfield Meteor 350 has been gaining popularity among new riders for its classic looks and easy-going nature. For this retro-styled cruiser, consider Comprehensive Coverage. The unique styling makes it attractive to thieves, so comprehensive coverage is a must.
• OEM Parts Coverage: Look for policies that guarantee using original manufacturer parts in repairs to maintain the bike’s authenticity.
• Vintage Bike Considerations: Some insurers offer particular classic bike policies. While the Meteor is new, its retro styling might qualify it for these specialized policies, often offering better terms for limited-use bikes.

Insurance Tip: If you’re drawn to the Meteor’s classic styling, you might be interested in older bikes in the future. Look for insurers specializing in modern and vintage motorcycles for potential long-term benefits. Remember, insurance rates can vary significantly based on factors like your age, riding experience, location, and the specific model of the bike. Always shop around and compare quotes from multiple insurers to find the best coverage for your needs and budget. Ride safe, and enjoy the thrilling world of motorcycling in 2024!