Quad bike insurance is a necessary outlay for all quad owners, regardless of whether you intend to take it on the road or simply on private land. The difference is that insurance is a legal requirement for road-going quads, whilst it is simply a good idea for off-road quads.
Quad insurance premiums are usually very reasonable, but there are always things that you can do to reduce the cost; we have compiled a list of money saving tips for your quad bike insurance policy to help you do this.
Firstly, it is important to realise that insurance companies calculate their premiums largely on how much risk you as a driver and the type of vehicle pose in terms of probability of making a claim. Therefore, reducing the element of rick will reduce your premium; here is how you can do it.
1) Garage Your Quad
When your quad is not being used it can be argued that it is at its most vulnerable. This is because over £5m worth of quads are stolen each year in the UK whilst they are lying idle. Therefore, keeping your quad bike in a locked garage when it is not needed will reduce the risk of it being stolen when compared with the risk to it if left outside unattended. This is because it will be more difficult for thieves to access the quad, particularly without being discovered; perhaps potential thieves will not even be aware that there is a quad in the garage at all. Either way, this reduction of risk will lower your quad bike insurance premium significantly.
2) Secure Your Quad
As well as being kept in a garage, it is a good idea to invest in extra security features for your quad when it is not in use. Examples of such security measures include ground anchors and security chains. Making your quad more difficult to steal reduces risk and your insurance premium.
3) Clean License
Your atv insurance company will assess your ability as a driver/rider when taking into account your insurance premium. If you have previous motoring convictions on your license then you will be considered as a high risk driver which will increase your insurance premiums. However, if you have a clean driving license then your premium will be at a lower rate as you will be viewed as a lower risk to the insurance provider.
4) Low Mileage
The more miles that you do on your quad, the more likely it is that you will at some point be involved in an accident where you will need to make a claim. Therefore, limiting your mileage will reduce this likelihood and associated risks, reducing the cost of quad insurance.
As well as risk, administration fees add to the overall premium price of your quad insurance policy; however, there is a way in which you can reduce these.
5) Online Quad Insurance
If you organise your quad bike insurance online, then you are doing a lot of the administrative work yourself i.e. entering all of your personal details, NCB details, information on the quad specification etc. This limits costs for the insurance company and is the reason why many quad insurers will offer a substantial discount for online policies.
There are many things that you can do to help lower the cost of quad insurance, making it more affordable. When you need a quad bike insurance quote, contact us at Falcon on 0800 440 2878 or fill in our online form today.