Why is my Motorcycle  Insurance so High?

This is definitely the most important question you might have. Let’s take some time to explain, the risk obviously is that there are going to be bike damages wherein the company will have to incur the repair costs or in some instances even replace the motorcycle on certain cases. For this reason most companies would make you pay a higher insurance premium.
Most insurance companies would look at the following aspects when taking motorcycle insurance.
-your age
-your occupation
-the motorcycle model
-the engine capacity of the motorcycle in question
-value of the motorcycle
-and more…
We all know that motorcycles meet up with more accidents in any calendar year than any other participating vehicle on the road. In SA alone we have daily motorcycle accidents and even deaths in some cases. This is mostly due to inexperienced or less experienced riders. More accidents mean that the insurance company has to pay for the damages. Although the riders pass their tests and have a valid two wheeler license, the inexperience causes the accidents.

The speed that any given motorcycle travels on the public road will also have a direct influence in the accident rate. Apart from the speed, younger riders also have more tendencies to ride even faster than the normal rider; this combined with the inexperienced factor of a younger rider also lifts statistics.
Higher speeds result in frequent accidents. It therefore becomes difficult for the insurance companies to trust these riders to not commit any accidents.
The tendency to take over comes automatically to most bike riders. This is because it is easier to take over with a bike, even in the narrowest of roads than with any of the four wheelers. In an attempt to over take at most times, the accidents are more likely to occur.
A motorcycle rider is also more prone for damage when in a accident, evidently more than in any 4 wheeled car. We all agree that any person is more protected in a 4 wheeled car with a roof, side bars, doors, and more. This also then means that the motorcycle itself can have easy damage, especially when looking at the speed factor that motorcycles travel with.