The Factors That Determine Motorcycle Insurance Price
                     The Factors That 
Determine Motorcycle 
Insurance Price
The Factors That Determine 
Motorcycle Insurance Price
 If you are looking for purchase motorcycle insurance for the first time, it is important to know the factors that determine 
motorcycle insurance price. Motorcycle insurance rates can be very high, mostly because of the increased injury as well as 
fatality rate associated with motorcycles compared to automobile. Sadly, the fatality rate for motorcycles is much higher 
compared to regular passenger vehicles.
 Since insurance providers rate drivers based on the injury as well as death rates of their specific vehicle, the rates for 
motorcycles are quite high. Due to this, motorcyclists are at a disadvantage when it comes to finding affordable insurance 
rates. The following are some of the factors you can control in order to try and low your motorcycle insurance quotes rates.
 First of all, you need to choose the right bike. While sports bikes are faster and can handle better compared to cruiser 
because they are purpose-built for speed, insurance companies know that if you purchase fast motorbike, you are likely 
going to drive it fast. Driving your motorcycle faster means higher risk of injury and death. So, if you are looking to save 
money on insurance, you may need to skip the speeder.
The Factors That Determine 
Motorcycle Insurance Price
 The year and make of the motorbike you want to purchase will also impact the 
motorcycle insurance price. If the bikes you are interested in falls into the category of bikes that 
have a higher rate of injury or fatality, the insurance provider  will increase premiums in order to 
offset the increased risk of a loss.
 Additionally, if you choose to upgrade your motorcycle with performance parts, you are 
supposed to notify your insurance provider by law. Otherwise, you may be denied a claim just 
because they insurance company was not collecting the correct premium for the increased risk. 
 For more information on the factors that determine motorcycle insurance price, visit our website 
at https://openroadinsurance.ca/
The Factors That 
Determine Motorcycle 
Insurance Price