Motorcycles are not a very common vehicle to see in the United States of America since most Americans would prefer cars because they are safer and more convenient. But if you are a motorcycle owner, don’t worry because there are still insurance companies that would love to protect your steel horse and one of them is Farmers. Here’s everything you need to know about Farmers Insurance for Motorcycle.
Multiple Coverage Options
If you want to get motorcycle insurance from Farmers Insurance, there are three options of coverage you can choose from. The first one is liability coverage which would help you pay the other driver’s repair and medical bills if you were to be judged responsible in an accident.
The second coverage is called collision coverage which means Farmers Insurance would help you pay some repair bills if you were involved in a collision with a stationary object or another motorcycle rider. The last one is the comprehensive coverage that would help you mitigate the damage costs caused by unwanted events besides accidents such as vandalism, theft, animal collision and extreme weather.
Higher Than Average
If you are interested in getting your motorcycle insured by Farmers, you need to know that Farmers Insurance for motorcycle is higher than average which ranges between $475 to $700. But you can always make your motorcycle insurance cheaper by doing a couple of tricks that you could apply.
First, you can take advantage of the multi-policy discount. This means that you could get a discount for your motorcycle insurance provided that you also purchased another insurance from Farmers. Being famous for its auto and home insurance, you can choose one of these from Farmers Insurance. The next discount you could get is if you have more than one vehicle to get insured which is called the multi-unit discount.
You can also increase the safety of your motorcycle in order to get a lower price on your premium. Since most motorcycles don’t come with an airbag, you can install one for your motorcycle. With the decrease of bodily harm risk, Farmers would reward that by giving you a discount.
Another safety feature that you could add to your motorcycle to get a discount is installing the ABS or Anti-lock Brake System which is a standard feature for most cars. If Farmers know that you have this on your motorcycle, they will give you a discount since your motorcycle would be less likely to be involved in an accident.
You can also add a stolen vehicle recovery system that has been approved by Farmers. To reward that, they would give you a $500 deductible waiver on your comprehensive coverage. You can also take a safety course since it would make you a better driver, Farmers would reduce your premiums since you would be less likely to cause an accident.
So those are everything you need to know about Farmers Insurance for motorcycle. For more information, go visit https://www.farmers.com/motorcycle/.