Motorcycle Insurance - UK-Money.com

Motorcycle insurance is just as important as your helmet and leathers!

You can’t beat the feeling of the wind rushing around you as you speed along on your motorbike or nip through the traffic on your scooter. It’s exhilarating and once you’ve experienced it you never want to be without a motorbike again. There are around 1.52 million motorcycles on Britain’s roads and with 25 in every 1000 being stolen every year you need to make sure that you have the right motorbike insurance to protect them.

Bike insurance is compulsory under the Road Traffic Act 1988. Can you imagine what would you do if it was brilliant sunshine outside and you decided to go for a ride on your prize possession, your motorbike, and went outside to find that it had been stolen? If it wasn’t insured you would be utterly devastated as you would have to have the cash handy to be able to fork out for a replacement bike. If you have the right level of insurance cover the insurance company will replace that bike or moped for you. They take on the risk of this eventuality, and much more.

What types of motorcycle insurance are available?

Third party motorcycle insurance – this only covers your liability to others, not your vehicle or yourself. This is the minimum legal requirement for cover for motor insurance.

Third party fire and theft motorbike insurance - this covers your liability to others in the event of an accident, if your bike is stolen or if your bike catches fire.

Fully comprehensive motorcycle insurance – comprehensive bike insurance is known as an all risks policy, which means you can claim for any damage caused to others, their vehicle, your motorbike or yourself. Of course there are always exclusions and this can be found online in the small print and in any policy document of the insurance provider.

Obviously the higher the level of cover you choose, the more expensive the policy will be.

Where can I get motorcycle insurance from?

UK motorcycle insurance can be obtained from a number of sources. If you buy a brand spanking new bike then the dealer you buy it from may offer an insurance package, but this could prove to be expensive so it’s worthwhile getting some comparative quotes. Brokers are still very prevalent in the bike insurance marketplace and many of them have such well renowned reputations with bikers that they have becoming well established brands.

The onset of online motorcycle insurance is upon us though. You can find a range of bike insurance brokers and direct motorcycle insurance companies which you can obtain a quote and buy online from.