Riding a bike without insurance is breaking the law. The Motorcycle may be
becoming more and more popular with the fashion conscious and more practical
with the young, but insurance companies are not big fans. Accidents rates
are alarmingly high, particularly in the young.
Looking for cheap insurance
Not only do you want a cheap quote, but you also want to make sure that you
are adequately insured. Being underinsured does not make for cheap
insurance, as if something bad happens you could end up having to lay out a
ridiculous amount of money when you claim in the form of an excess, or the
cost of repairs which are not covered, or worse, personal liability to
anyone you may have injured. A cheap insurance policy should be tailor-made
for you and also take into account your road skills. You can also get
cheaper motorcycle insurance for meeting certain criteria, such as your
annual mileage being low, the value of your bike being low, having owned
your bike for a longer period of time, and having not claimed.
In fact, you're better off going to specialist motorcycle insurance
companies to get insurance for your bikes. You can find companies who are
set up to cater specifically for bikers. They are likely to be staffed by
people who have spent all their lives as bikers and in the motorcycle
insurance world. They are likely to be able to cover all types of
motorcycles (importantly knowing the difference between them) and scooters.
Some specialist motorcycle insurance companies will also offer auxiliary
services that support you as a motorcyclist. You may get personal loans to
buy the bike, or motorcycle lessons. Others will also offer you a breakdown
service with specialist motorbike repair crews and the ability to get you to
a safe place. This can be of immense value to bikers, so don't ignore it.
There are two types of motorcycle insurance policy. The most common of these
covers the rider specifically, and allows you to ride any motorcycle up to a
particular size. The other type of policy insures a certain bike, not a
rider. What you shouldn't hold out much hope for is a decent discount should
you avoid accidents, or more specifically for not claiming for them. The
bare minimum now is third party only insurance. After this is third party
fire and theft insurance - then there is fully comprehensive insurance. This
covers third party, fire and theft insurance plus damage caused to your own
bike, and it doesn't matter if the accident is your fault and there isn't
anyone else involved.
When looking for motorcycle insurance quotes, you need to think carefully
about what you want to be covered. One thing that is important is that you
take the time to research the market, and get as many quotes as possible, so
that you have the best chance of finding the most appropriate and best value
deal. That deal should provide you with some decent features. Look at the
details on the insurance policy carefully, to find out what you are getting
for your premiums. Remember that accidents can happen at any time of day, as
can thefts, so you should expect your insurance company to have a call
centre open 24 hours a day to enable your call to be taken and your claim to
be processed as quickly as possible.
When you go for your quote, you should ask about personal possessions cover.
You might also want legal expenses cover should you have to fight claims for
personal injury or loss of earnings. Then there is personal accident cover,
which is set up to insure you against injuries caused directly from an
accident. Some insurers may also offer specially designed roadside rescue
services for bikers. You should find out if the quote includes this. You
ideally want something that includes free call out charges and labour,
although you should expect to pay for parts. You should also be taken to the
nearest place of safety, like a garage.