Motorcycle Insurance

Motorcycle insurance coverage levels

Just like car insurance, motorcycle insurance coverage levels are of three types:

Third Party
Third party only insurance is the minimum level of cover you are required to have by law in order to use a motor vehicle on a public road. As the name suggests it protects others – third parties –  their vehicles and property if they are involved in an accident for which you are to blame. With Third Party cover you and your vehicle are not covered although any passengers or pillions you carry would be insured. When a claim is made against a third party policy, the policyholder is not required to pay an excess.

Third Party Fire and Theft
Third party fire and theft insurance will offer you the same level of cover as Third Party Only, plus protection against loss from fire or theft. An excess is only payable for fire and theft claims.

Comprehensive Insurance
Comprehensive insurance provides the same level of protection as Third party Fire and Theft, plus cover against accidental damage to your vehicle. This means that regardless of who is to blame for an accident, or your vehicle is damaged by accident, you are covered for loss or damage to your vehicle.  If the damage is accidental, your No Claims Bonus could be reduced.

How You Influence Your Premium

All motorcycle insurance companies take your personal circumstances into account when calculating a motorcycle quote for you

Your Age and Occupation
Under 25s are usually regarded as higher risk riders, and motorcyclists with certain occupations may have to pay a higher premium.

Where You Live
Living in a city with a greater volume of traffic could increase the risk of an accident and this is considered a higher risk than quiet rural areas.

Previous Claims and Convictions
Make sure you also tell us about any previous claims you may have made on your insurance (including car, van etc.) during the past five years, and if you have any motoring (or other) convictions, including any which are pending.

Advanced Riding Courses
The completion of advanced riding courses may be able to secure you a discount, as this shows you invested in improving your riding skills and should be safer on the road

NCD
Your No Claims Discount is reflective of the number of years claim free riding you have. The more years you have the better, and this represents a lower risk for insurance purposes.

Mileage
If you’re on your bike often, you’ll be clocking up more miles and this represents a further risk. Also, whether you commute during busy periods or only ride your bike socially, this will affect your price.

Multiple Riders
If you want to add another person onto your motorcycle insurance policy (a named rider) you’ll also need to be aware that younger, or higher risk riders, will cause the premium to increase. Learner riders will also increase the overall cost of your policy.

Voluntary Excess
As with any insurance, the more voluntary excess you choose, the less you pay for insurance. Ask yourself, how much you can bear in the event of a mishap. That is your ideal voluntary excess.

Motorcycle Security
If your bike has an alarm fitted, uses a high-quality immobiliser or bike lock, and it is kept in a secure garage or lock-up when it is not being used, it could get you a reduction in your price

Simply pick up the phone today and contact one of our personal lines account handlers on 01270 758070 who will talk you through all requirements. Or contact us here. Feel safe in our hands.