A motorcycle insurance deductible is the amount of money that you, the policyholder, agree to pay out-of-pocket in the event of a motorcycle accident or other covered motorcycle insurance event. 

Your motorcycle insurance company will pay for any damages that exceed your chosen deductible amount. 

For example, let’s say you have a $500 motorcycle insurance deductible and you get into an accident that causes $5,000 worth of damage to your motorcycle. 

In this case, your motorcycle insurance company would pay $4,500 to repair your motorcycle (the $5,000 cost of the repairs minus your $500 deductible). 

You would be responsible for paying the first $500. 

Some motorcycle insurance companies offer flexible deductible options so that you can choose the right deductible amount for you. 

For example, some companies may offer a “Pay-As-You-Go” deductible option which allows you to lower or raise your motorcycle insurance deductible based on how much you ride during the year. 

This can be a helpful option if your riding habits change from year to year. 

There are some motorcycle insurance companies that offer diminishing deductibles. With these companies, your motorcycle insurance deductible decreases each year that you don’t make a claim. 

So, for each year you don’t file a claim, your motorcycle insurance deductible will be reduced by a certain amount. 

This can provide some peace of mind for motorcycle riders who are worried about making a claim and having to pay a high deductible. 

If you’re considering motorcycle insurance, it’s worth checking out companies that offer diminishing deductibles. You may find that it’s more affordable than you think.

Keep in mind that the higher your motorcycle insurance deductible is, the lower your monthly premiums will be. 

So when choosing a motorcycle insurance policy and deciding on your deductible amount, it’s important to strike a balance between choosing a low enough deductible that you can afford to pay if you do have an accident, and choosing a high enough deductible that you’re not overpaying for your motorcycle insurance premiums.