When you are looking into your different insurance options for your motorcycle — whether you are new to motorcycle ownership or if you are simply looking for more affordable insurance options — then you might have come across the option to purchase pay-per-mile motorcycle insurance. You might know little to nothing about this type of motorcycle insurance and could be curious about whether or not it's going to be right for you. These are some of the things that you might want to know about pay-per-mile motorcycle insurance so that you can make the right decision.
It Might Help You Save Money
If you are curious about why people purchase pay-per-mile motorcycle insurance, you should know that it can be a good option specifically because it can help you save money. This is the case for many people, such as those who only like to ride their motorcycles on weekends when the weather is nice. If you don't use your motorcycle a lot and are hoping to keep costs low, pay-per-mile insurance is probably going to be your best choice.
It Can Sometimes Be More Expensive
Of course, as mentioned above, for many people, pay-per-mile motorcycle insurance is the more affordable option for securing insurance for your motorcycle. This is not always the case, however. If you ride your motorcycle on a daily basis all year round, for example, you might want to avoid pay-per-mile insurance and might want to choose a more traditional motorcycle insurance policy instead.
It Should Still Provide Year-Round Coverage
One concern that you might have about pay-per-mile motorcycle insurance is that it will not provide coverage for you and your motorcycle all year long. For example, if you haven't operated your motorcycle in months because of an injury or because of the weather, you might be worried that your motorcycle will not be covered if it's stolen. You might also worry about whether or not you will be covered if you choose to take your motorcycle out on an unseasonably warm day in the middle of winter, particularly if you haven't ridden any miles or paid any insurance costs in months. However, this typically is not a concern, and you should have coverage all year long in these situations and more. Of course, you should read over your policy and talk to your insurance agent if you aren't sure about what is and is not covered with your policy and if you are curious about what you need to do in order to maintain continuous coverage.