The Link Between Traffic Violations and Motorcycle Insurance Premiums

1. The Link Between Traffic Violations and Motorcycle Insurance Premiums

2. Ever cruised down the open road, wind in your hair, only to be pulled over for a forgotten turn signal? While a minor traffic violation might not seem like a big deal, it can put a serious dent in your motorcycle insurance savings. Let’s continue reading to break down the link between traffic violations and your premium and equip you with tips to potentially lower your rates even if you’ve had a ticket. Understanding Traffic Violations Traffic violations encompass any transgression of traffic laws. These can range from minor offenses like speeding or failing to signal a lane change to more serious violations like driving under the influence (DUI) or reckless driving. The severity of the penalty associated with a violation depends on the specific offense. Myth #2: You Don’t Require a Commercial Automobile Policy If You Use Your Vehicle for Work Insurance companies view traffic violations as indicators of risk. Riders with a history of violations are statistically more likely to be involved in accidents, which translates to higher potential payouts for the insurer. As a result, riders with clean records typically receive lower premiums than those with violations on their record. The impact of a violation on your premium depends on several factors, including: The severity of the violation: More serious violations like DUIs or reckless driving will have a more significant impact on your premium than minor offenses. The number of violations: Multiple violations within a short period will raise a red flag for insurers and likely lead to a steeper premium increase. Your driving history: A clean driving record before the violation will help mitigate the impact.

3. Tips for Lowering Premiums After Violations Even if you’ve received a traffic ticket, there are steps you can take to potentially lower your motorcycle insurance premium: Improve your driving habits: Practice safe and responsible riding habits to avoid future violations. Take a defensive driving course: Completing a defensive driving course can demonstrate your commitment to safe riding and may lead to a discount on your premium. Negotiate your premium: Having a clean record for a period after the violation might allow you to negotiate a lower premium with your current insurer. Raise your deductible: Increasing your deductible (the amount you pay out- of-pocket before insurance kicks in) can lower your premium. However, weigh the potential savings against your ability to cover a higher deductible in case of an accident. Traffic violations can have a significant impact on your motorcycle insurance premium. By practicing safe riding habits and taking steps to improve your driving record, you can potentially lower your premiums after a violation. Find Affordable Motorcycle Insurance Premiums with Us Don’t let a traffic violation sideline your savings! Contact us at Family Financial Insurance Group today for a free quote and expert advice on lowering your motorcycle insurance premium. We’ll help you find the right coverage at a price that won’t slow you down. Hit the brakes on high insurance costs – call us at 972-270-1488 now!