Do You Cancel Your Motorcycle Insurance During The Winter Months?

Temperatures are  starting to dip. Most   motorcycle riders typically start the process of topping off their tanks, adding fuel stabilizer, and other details that go along with retiring a bike to storage for the winter. This is also when some riders start to wonder whether they can save a few dollars by temporarily cancelling insurance on their bikes.

Should you drop insurance on a motorcycle that is in winter storage? It may be tempting, but, if you give it some thought, you'll probably find that it's not the soundest practice.

 

Why You Should Keep Yourself Protected?

You have to be certain that your bike will remain in storage for the entire season. Even if your area is hit with unseasonably warm winter weather, if you cancel your insurance, you'd have to fight the impulse to take it out for a ride or..... you'd be out there without a policy to protect you against an accident or some other unfortunate event.

You should remember that your bike still faces risks when it's supposedly "safe and sound" in storage. Theft, fire, vandalism and storm damage are all possibilities. If you  cancel your insurance, and something were to happen to your bike, you'd likely be left to pay the damages or the repair costs out of pocket.

Another important consideration: You may not actually realize any savings by cancelling your policy over the winter. Insurance companies vary, but some may take into account the typical riding season in your state when they price a policy (even if it's spread over a 12-month period). That means you may not actually receive a refund for canceling your winter coverage. You should check with your insurance agent to determine if seasonal coverage options are available.

 

Car-Lotta Cr Sales suggests that you  talk it over with your agent. You may discover that there are some untapped opportunities to help reduce the cost of your motorcycle policy — and that they not only help you out in the winter months, but year-round.