Posts Tagged motorbike insure
Approved Enhanced Security Measures Can Help Lower The Cost Of Motorcycle Insurance
Every year there is in excess of 35,000 motorbikes stolen in the UK. The percentage of bike being recovered is extremely low, approximately one in five never being returned to their rightful owner. As it takes experienced thieves only 14 seconds, on average, to steal a bike you need to do everything possible to stop your bike becoming a statistic.
Security has to be a top priority for all motorbike owners, irrespective of the size, make or model of their machine as the motorbike thieves aren’t that fussy which bikes they steal as any relatively new model can be sold on the black market and for older machines be broken down and the parts sold for cash.
The main reason that motorbike theft is so proliferate is that it take just those 14 seconds for thieves to pick a bike up which has no enhanced security and put it into the back of a van and drive away, for the most part unnoticed by the authorities or the general public. Joy riders are also rather partial to helping themselves to unprotected motorbikes or scooters as it is so easy to do.
Using a common sense approach to where you park your bike can help to reduce theft, this may mean that you have to pay for parking in some towns and cities, but rather that than arrived back to find you have no bike at all.
Anther advantage of enhancing security is that many motorbike insurers will offer discounts off the premiums if your motorbike has approved enhanced security. The main word here is ‘enhanced’, although the insurance companies welcome preventative measures the ones you use have to be on the insurers ‘approved’ list to be offered the discounts. If you are unsure which security devices are approved, you simply have to phone the insurers and ask which they approve of.
Unfortunately some of the approved enhanced security is pretty expensive so you will have to decide whether the value of your motorbike warrants spending the money. Your own security measures may work but they may not get you a discount!
The more visible the security measures the more likely the thieves will pass your bike by and aim for one that has no visible signs of security. The most visible is probably a hefty cable locks, more especially if they are put round a sturdy anchor point concreted into the road and wrapped around as many parts of your bike as possible, not just the front tyre.
Disc locks pose little problem to professional motorbike thieves but may pose more of a problem to opportunist thieves, so they are better than not using anything at all. Many bike manufacturers and insurance companies recommend marking your bike with VIN, vehicle identification number, and your postcode. Mark as many components of your bike as your can, if your bike is stolen to be broken down for spares you may not get your entire bike back but it will help the authorities track the thieves.
Any enhanced security measures you make should be told to your motorcycle insurance company, if they give you a discount off your insurance premiums so much the better!
post by : Tom Jones
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Online bike insurance quote-Motorcycle Insurance Costs
Motorcycle insurance costs can differ greatly depending on the age and history of your motorbike not to mention bike makes and models and the age and riding history of the rider in question. For obvious reasons motorcycle insurers will assess such details as age and experience followed by the make and model and its cubic capacity. Motorbike insurers have complicated tables to work out the proper pricing for a bike policy, which will account for everything from riders history through to geographical location. As an instance a bike without a garage or secure parking in a home estate in south London will cost more to insure than an identical bike owned by a rider with identical profiling who has his own garage and lives in the country. Broadly speaking most insurers will return similar pricing for a similar individual and motorbike along with location but there are still great motorcycle insurance deals to be had by searching around online and comparing deals.
Many Insurers will be ardent to gain new custom and may offer preferential rates to entice a new shopper the theory for the insurer being that it is worth discounting a new buyer, as they are likely to stay with the same broker for many years.
With the advent and expansion of the web Bike insurers roles has been made tougher as it is now simple for any rider at a glance to compare insurance deals across a large range of insurers. I would strongly advice that each year when your insurance renewal comes around that you have a look online and compare what your cycle insurer is offering with a number of other brokers. The advent and expansion of motorcycle insurance comparison sites has additionally lead to even more competition amongst insurers leading to even better deals and lower premiums.
Its up to you to spend a little time having a look at what deals are out there this shouldn’t take very long but guarantee you compare longer term advantages like no claims bonus schemes and check for any clauses like if an excess policy is needed for instance a number of policies will require the rider to pay a fixed fee if the cover is known as for and excess charges can differ significantly between insurers. Lastly many bike insurers will be offering further discount for policies purchased and transacted online, savings can be significant with some insurers offering ten percent to 15% discounts on the price of a policy when related policy is bought online. Happy riding.
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How is Motorbike Insurance Different From the Car Insurance
Motorbike insurance means the compensation in the event of accident or damage. It also offers liability to third party vehicles or other damaged parties in an accident. The various kinds of motorbike insurance cover Bike Insurance, Scooter Insurance, Cycle Insurance and Moped Insurance. It is necessary to have the motorbike insured regardless of whether the individual drives it on weekends only or is an often rider.
Some insurance providers adjust the premium depending on how frequently you ride thus saving some amount for the bike owner.
The damage occurred to the car due to weather conditions can be claimed if the policy covers weather effects.
There are certain customised schemes for lady riders, young riders, police personnel, emergency services personnel etc.
In case the Bike owner is partially responsible for the accident, he has to pay some amount of the claim. The amount he has to pay in such circumstances is given in the policy conditions. This amount is termed as excess. In other words, an amount paid by the Bike owner in the event of the claim. Young drivers may have higher excess due to the higher number of claims received generally from the young group. There are basically two types of excess; compulsory excess and voluntary excess.
- Compulsory Excess is a small excess that is applied by the motorbike insurance provider and it varies with the terms of cover. This excess is applicable for fire and theft claims. The amount might vary as per the terms of the respective policy.
- Voluntary Excess is the amount that is agreed upon by the motorbike insurance providers to minimise the premiums. In the event of a claim this excess is added to the compulsory excess as the amount to be paid towards the claim.
Multi Bike Insurance can be very helpful for owners with multiple bikes. It offers more savings for multiple bikes insured at the same time. There are various discounts provided by many insurance providers for multi-bikes. It is worth researching on the Internet.
Most of insurance providers cover the associated accessories such as the saddle bags, helmets, leathers and backrests. Whereas, in case of car insurance; car accessories are not covered unless they are part of the car.
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