Choosing Motorbike Insurance
Motorcycle insurance is compulsory on all public roads because without it the biker will be liable for bodily injury and property damage.
Although it’s possible to get cheap motorbike insurance by simply getting Third Party Motorcycle coverage, there are many more options to choose from for better coverage.
Types Of Motorcycle Insurance
Comprehensive motorcycle insurance, this costs more but offers the most coverage. In the event of an accident, it not only covers both the motorcyclist and their motorcycle but it also covers other people injured by the collision and any damage to their property.
Third Party Fire and Theft Motorcycle Insurance is for both fire and theft coverage. In the event of an accident, it also covers you for personal injury, as well as other people who may be injured and their property. However, it does not cover your motorcycle.
Third Party Motorcycle Insurance offers basic coverage, excluding fire and theft.
Motorbike Insurance Quotes
It’s always a great idea to get insurance before you ride your motorbike.
Although a motorcycle dealer may offer you a quote, usually these policies are not as good as those you can get from finding an insurance agency on your own because dealerships rarely work with the best insurance companies.
In shopping for the best motorcycle insurance, begin by asking your current car and home insurance agent if they also offer motorcycle insurance.
Besides asking your current insurer, you can look for motorcycle insurance online, a motorcycle magazine, or the phone book. Incidentally, if you have a Yamaha, do an online search for “Yamaha motorbike insurance” for some great price quotes.
Top 5 Questions to Ask an Insurance Provider
When seeking an insurance provider, what are some pertinent questions to ask?
Here is a quick list of the top five questions you may want to ask your provider to get the best coverage at the lowest premiums.
1. What is the difference between the various types of insurance policies? Your goal is to get a very clear understanding on what is covered and what is not covered under each type of insurance. If you have an older bike, possibly a vintage model, check into the benefits of classic motorcycle insurance.
2. If I get comprehensive insurance, is it enough, or can I get something that is more thorough, covering all possibilities?
3. How do I make claims?
4. What happens to my premiums if I have an accident and need to make a claim?
5. Can I get a package deal by combining my motorcycle insurance with my other insurances and how much will my discount be?