Motorcycle Insurance Guide
Motorcycle insurance is much the same as car insurance. Third-party, Third-party, Fire and Theft and Fully Comprehensive policies are available for motorcycles just as they are for cars. However, not every car insurance provider will offer motorcycle insurance. This is because statistics show that motorcycles are involved in far more accidents per year when compared to cars, making motorcycle riders more high risk insurance customers.
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Getting a good deal on your Motorcycle Insurance
Getting a good deal on your insurance policy is important to everyone and insuring your motorcycle can be very expensive, especially if you’re a new motorcyclist without any no claims to your name. Happily there are a numbers of different factors which insurance companies will look at when determining the price of your policy that you can influence to cut the cost of your premium.
Insurance providers will assess your details differently which is good news as an expensive quote from one insurer won’t necessarily mean an expensive quote from the others. This confirms the importance of shopping around so you should get quotes form different insurance companies by using comparison sites and specialist motorcyclist insurers such as Bennetts insurance, to find the cheapest quote that best suits your needs. If you are a young rider then it may be worth putting the policy into your parents’ names if they are qualified motorcyclists and putting you as a named driver, this will decrease your premiums by a large amount.
One more thing to keep in mind is make sure you get the correct level of protection with your insurance provider. You shouldn’t always go with the cheapest quote because you might not be covered in certain eventualities and with motorcycle accidents being more likely to happen you need to make sure you are covered, also if you go for the cheapest cover you might have to pay a large excess if you have an accident.
Recommended bike insurance
PetrolPrices.com recommends Bennetts bike insurance to insure your bike. They specialise in motorbike insurance specifically so you will get great cover with them. They offer muti-bike cover, motorcycle theft, loss or damage to the bike, accident recovery, cover for riding other bikes and much more.
With Bennetts insurance you can tailor your bike insurance to suit you by calling 0844 209 0496. You can also opt to pay monthly if that is more suitable for you. For an additional fee of £48 Bennetts will also cover your helmet, leathers, gloves and riding boots.
5 Ways to Save
Avoid making a claim for every little thing as it can cost you in the long run. By make a claim on your insurance you won’t build up a no claims bonus that will bring your premiums down in the future. In fact making a claim is almost certainly going to push up the cost of your insurance in the future. Therefore it can be much better economy to pay for minor accidents yourself rather than using your insurance to pay.
Your insurance premiums will vary depending on the type of bike you get, more specifically its engine size as insurers equate speed and power as being more likely to be involved in an accident and therefore a greater risk to insure.
Some insurers will bring down your premium if you have passed an advanced riding course as it demonstrates to insurers you are a better rider who is less likely to get into an accident and make a claim.
Insurance can undoubtedly be very expensive but if you can afford to pay for the entire year in one payment you’ll pay less overall than if you pay for your cover monthly.
When it’s time to renew your insurance policy it’s import to compare what you are being quoting with other insurers. A lot can change in a year and there are probably cheaper policies out their from companies who want you to take out insurance with them and offer cheaper insurance in order to get your business. You can also tell your current insurer the quotes you’ve had from other insurance providers in an effort to get them to match or even better them if you want to stay with their company.