03-09-2019, 12:28 AM
For those who may have multiple rides that include collectibles that don't see a lot of annual mileage, I found out that my insurance coverage will provide significant discount if those vehicles are ridden less than 1500 kms per year. The primary bike will also get a small discount, but because it is likely to be ridden at normal mileage rates, it will be the higher premium.
If you have a scooter as a second bike, it is typically dirt cheap to insure not only because of engine displacement and rider statistics, but many are ridden locally and accumulate lower mileage. I would argue that low mileage in urban settings is higher risk compared to touring mileage.
Lastly, to further save on premium, my insurance company suggested enabling a GPS to monitor my riding habits. They claim up to 25% can be saved on the premium. Wouldn't that make for mind-numbing enjoyment?
If you have a scooter as a second bike, it is typically dirt cheap to insure not only because of engine displacement and rider statistics, but many are ridden locally and accumulate lower mileage. I would argue that low mileage in urban settings is higher risk compared to touring mileage.
Lastly, to further save on premium, my insurance company suggested enabling a GPS to monitor my riding habits. They claim up to 25% can be saved on the premium. Wouldn't that make for mind-numbing enjoyment?