Hints and tips to save money on your bike insurance

Shop around & Compare prices - the more companies you contact, the better chance you have, that they’ll beat your renewal quote. When quoting your best deal, reduce it by 5 - 10% to see if it can be matched. Don't necessarily opt for the cheapest, but compare like for like (e.g. does it include legal cover, road side assistance, European travel etc.)

Security - Ask yourself what can you do to secure your bike, is it alarmed, data tagged, locked in a garage or secured to a ground anchor? All this will help reduce the quote.

Value - Don't over insure, you'll only get the market value of your bike no matter what you insure it for. Ask yourself if you can afford to loose your investment, if so, you could save by opting for 3rd party, fire and theft cover. However, if you go for third party make sure you get legal cover to help you recover any uninsured losses.

Limited mileage or solo only - If you keep your annual mileage low or are prepared not to carry pillion passengers, this can reduce your premium.

Membership and Training - If you have had advanced training, like IAM or RoSPA, then you may be able to get a discount. Also some motorcycle organisations have negotiated discounts for members, so it worth checking before you accept a quote.

Be Honest! - It is an offence if you lie, in order to obtain a cheaper quote and in any case they won't pay out if you make a claim. Insurance companies won't check your details too much, when you take the cover out, but will if you claim.