As a rule of thumb, the more expensive and faster bikes are more likely to be stolen and more expensive to repair after an accident. So if you're looking to save money, consider purchasing a slightly older and slower bike - these are typically the cheapest motorcycles to insure. The more expensive it is to repair or replace your motorcycle, the higher an insurance premium you are looking at, since any potential claims on that motorcycle will cost more. In addition, the higher the historic incidence of theft on your motorcycle of choice, the higher your coverage cost.

The less your drive, the cheaper your insurance is going to be. Logically, your chances of being in an accident go up the longer you are on the road, so if you're not using your motorcycle as a regular mode of transportation, look into discounts applicable to low annual mileage. A lot of motorcycle drivers assume the coverage cost is the same, but you'd be surprised how much you can save just by watching your motorcycle mileage and working with your insurance company to take advantage of any associated low mileage discounts.

Motorcycles are a very easy target for theft, and for that reason, it's always recommended to store your motorcycle in a safe location. Depending on where you live in Canada, your bike could be parked for a couple of cold winter months, so the smartest way to save on insurance costs is to assure your insurance provider that you are taking the best measures possible to deter theft. You can do this by installing anti theft devices on your bike and/or parking it in a locked garage. If you own more than one bike, consider a multi bike insurance policy.

Statistically, inexperienced motorcycle riders are more prone to accidents. As a result, insurance companies will often charge higher premiums if you have relatively little or no motorcycle driving experience. It's always a good idea to talk to your motorcycle insurance provider on what sort of courses or accreditation you can apply for in order to improve your motorcycle riding expertise, and lower your coverage cost.

One of the best places to start when it comes to getting the cheap motorcycle insurance Canada has available, is to take a motorcycle training course at an accredited driving school. This will increase your motorcycle driving skills and help you qualify for discounts when shopping around for motorcycle insurance quotes online or elsewhere.

The biggest savings often comes from shopping around for cheap motorcycle insurance quotes. Shopping insurance online is fast and easy to fit it into a busy schedule.  Every motorcycle insurance company calculates rates a little differently, so many bike riders can save by using a Canada motorcycle insurance quotes comparison service - even if they have traffic tickets or vehicle accidents on their driving record. Obviously, it goes without saying that safe driving is a good idea from every perspective.