4. Be Patient

2011 BMW G 650 GS

Riding time and experience are factors in reducing premiums, and there’s nothing you can do about it (except get trained – see #1). The way insurers see it, because you have less experience on the road, you are more at risk for an accident. In calculating risk, insurers look not only at a rider’s driving record but also how long he or she has been riding – and even what experience that rider has with the specific motorcycle to be insured. First-time bike owners can also expect to pay more for insurance.

One bit of advice: it stinks to wait, but if you know a previous traffic violation is about to be dropped from your driving record, hold off on requesting insurance quotes until that violation clears. This little act of patience will net a lower rate.