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Columns: Driving for Dollars
Terry Jackson   Expert: Terry Jackson
Driving for Dollars
Rider fears getting stuck with lemon
Driving for Dollars

3 keys to cheaper motorcycle insurance
 

Dear Terry,
My question is about motorcycle insurance. I am an older first-time motorcycle buyer. What is the cheapest way to insure my motorcycle? I have been insured with the same auto and home insurance company for 12 years with no accidents or claims.

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Also, what do I check to make sure I don't get a "lemon" motorcycle?
-- Bud

Dear Bud,
Regarding insurance, your rate will depend on three factors: engine size, cost of the bike and whether you have taken motorcycle training classes. To compare insurance rates, check out InsureMe (a Bankrate company).

And although I have never used the service, there is a company -- Cyclechex -- that offers a vehicle identification number check service for motorcycles.

Here are this week's reader questions:
Credit crunch killing car lease deals
How do I get cheap motorcycle insurance?
Will an insurance query hurt my credit?
Can I take over my mom's car loan?
Bankrate.com's corrections policy -- Posted: Aug. 1, 2008
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