Motorbike riders will find that when they are in the process of getting a motorbike insurance quote they will be asked if they want to increase the voluntary excess contribution.
Paying out more money in voluntary excess contribution means that you are willing to contribute more money to the insurer towards the costs of the claim.
The more money that you pay in excess the less your premium will be. Try increasing the premium to an amount you are happy paying if required. It will force the premium down in price. In some cases it can reduce the cost of the premium by as much as 25 percent.
Always make sure that you can afford the cost of paying the excess to the insurer if and when you need to make a claim.
Increasing the excess is a quick way to reduce the price of your motorbike insurance quote and one that many policyholders implement to get their premium back on budget.
This can be a great money saving tip for riders that want a cheaper motorbike insurance policy.
Hastings Direct Motorbike Insurance will allow bike riders to increase their voluntary excess contribution if they wish. Get a quotation from them and see what difference increase the excess will do to your premium.
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