Geico Motorcycle Insurance
You’ve seen the Commercials, But Is Geico Motorcycle Insurance the Way to Go? Geico claims that it can beat the rates of other insurance companies, and lower your premiums a great deal – but what will this cost you in the long run? It is better to have all the details up front to determine if you will really be saving money when it is all said and done.
First, take a look at what Geico offers. First, Geico does offer lay-up insurance. This is insurance coverage that ceases during the winter months, when you will not be riding your motorcycle. This does save you money, because your premiums pick right back up again when the ice and snow clear, but you don’t have to make those payments during the winter months when you are not riding the bike. Geico is not the only insurance company that offers this type of coverage.
Geico does have a variety of discounts. They give discounts to riders who are moving their policy from another insurance company to Geico. You get a discount if you are insuring more than one motorcycle and an additional discount if you are a mature rider. You can get another discount when you renew your motorcycle insurance policy with Geico, and if you have your auto insurance through the company, you will get yet another discount. As with most insurance companies, you will get a discount for completing a motorcycle safety course, but Geico will also offer you a discount for completing a Military Safety Course.
The rate that you are quoted will almost definitely be lower than you’ve found elsewhere, but what about the level of service? There have been reports that Geico does not honor claims, or that they turn down claims for silly reasons. There have also been reports of Geico taking a very long time to pay claims. This is what the lower rates may cost you, so you should carefully consider all of this before switching to Geico, and make sure that you are actually going to save money with Geico motorcycle insurance in the long run.
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