The arrival of winter brings with it a lot of changes, including stopping your reliable motorcycle in the garage because you will not be out there on slippery roads in the cold.
But doing so raises another question, do you need to keep your motorcycle insurance if you are not going to cycle?
This is a valid question because why would you pay the premiums for 4-5 months when you are not even cycling? To know the answer, read this guide to the end.
So, can I cancel my motorcycle insurance during the winter?
Well, you might be able to do that depending on the terms of your insurance. However, this will likely result in fees and penalties as your motorcycle insurance coverage is valid for the entire year. So if you back out before the expiration date, you may have to pay some fines.
If you also cancel the insurance in the winter and buy a new one in the summer, the insurance companies will quickly recognize this pattern and may not offer you coverage after that. If someone still does, they will charge very high premiums.
Other damage factors for motorcycles than accidents during the winter:
Your bike can still be damaged even if it is winter-ready and nicely tucked away in the garage. Some risks include:
- Theft: Someone can just break into your garage and steal your bike.
- Fire: If the garage or other storage space burns with your bike inside, there will be no some cover to restore your loss.
- Ice and snow: Your garage is at risk of significant damage during the winter months due to ice and snow damage, which can even extend to your bike. If there is no cover, you will pay for bicycle repairs out of your own pocket.
So based on these reasons, it is not wise to cancel your motorcycle insurance during the winter. However, there is one thing you can do to save money on premiums during the winter.
You can get a cover insurance instead:
But the big news is that you can get a cover insurance that will reduce the insurance  premium cost during the winter season while protecting your bike from other damage.
It pauses collision, liability and other insurance cover needed when you are on the road, so the cost of these is saved. But risks of non-accidents or terrain are still covered, such as your bike burning.
Over to You:
Motorcycle insurance is a very personal choice, and there are many factors to consider when making this decision. Whether you choose to keep your policy or not depends on what is important to you and what is best for your wallet. You can cancel the insurance, but it will do more harm than good.
So we suggest that you keep it and convert it into a plan insurance to reduce the premium cost per month during the winter while maintaining the coverage. If you have any questions about layout insurance, contact Paradiso Insurance for help!