Posts Tagged motorbike
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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Optional Motorcycle Insurance Cover To Consider
When you purchase your motorbike insurance, you’ll find that the driver, passenger and bike is going to be covered. The cover you have will pay for injury or accidents that occur to a third party, and also damage to property of a third party as well. If you add fire and theft cover and your cover should pay for the loss of your bike due to theft, a fire, accidents, malice and explosions.
There are optional types of cover that you can have included in your motorcycle insurance policy, such as legal expense cover, roadside rescue cover, helmets and leathers cover, personal accident cover and many more. Here is a look at just a few of the optional items that you may want to consider making a part of the cover you have on you and your motorbike.
Cover for Legal Expenses: One optional item that you may want to check into is cover for legal expenses. This cover will offer you compensation for personal injury, loss of earnings and will also pay your legal expenses if you have them. There is a special hotline usually provided that operates 24 hours a day and also defence offered for prosecutions against you. If the accident was not your fault, then replacement of your vehicle will usually be included.
Personal Accident Cover: This type of cover is optional with your motorcycle insurance and will cover any emergency treatment that you need medically. It does not include cover for hospital stays over a specific amount of days, this will be written within the schedule of your policy. You will get compensation though if you have loss of limbs, speech, sight, hearing, disability that is permanent, or if accidental death occurs.
Helmet and Leathers: This is a special type of cover that you’ll want to consider if you have spent a lot of money on your helmet and leathers for riding your motorbike. This cover will compensate you if you end up having your leather jacket, boots, suit, trousers or the helmet you have ends up getting damaged when you are involved in an accident. It’s a great option if you have spent a lot on leathers and helmets.
Roadside Rescue: While you may not expect your motorbike to break down, you never know what could happen. Roadside rescue is a cover that will send out rescue to the place you break down and you can get your bike repaired in a good garage without paying for labour. Pay a bit more and you can get home start assistance as well. It’s a handy cover to have, since you never know what can go wrong.
These are just a few other options that you should consider when you are purchasing your motorcycle insurance. They can provide you with extra cover that can be extremely helpful to you in many situations. While you will pay a bit more to have these optional covers added on to your insurance policy, it can definitely be worth the additional cost to give you complete peace of mind that you are covered for all eventualities.
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Motorcycle Insurance – It’s The Law!
Here in the UK, having motorbike insurance is not merely a suggestion, it’s the law. Since the Road Traffic Act 1988, the legal minimum requirement is third party insurance. It is compulsory and is essential for you to make sure your motorbike is protected against normal problems and possible accidents.
The laws that surround this type of insurance cover cycle insurance, scooter insurance, bike insurance and moped insurance. Although you at least have to have some type of insurance on your motorcycle, there are various types of cover available to you. Here are the options available when you need insurance on your motorbike.
Comprehensive Cover: The most expensive and comprehensive type of cover available to you is known as comprehensive cover. This type of cover will cover damage or loss of your motorcycle that is caused intentionally or unintentionally by someone else such as damage that is caused by an accident. This type of cover also will include fire and theft as well as third party cover.
Third Party, Fire, and Theft: Another level of motorcycle insurance that you can choose from is known as third party, fire, and theft cover. This will cover the basic third party liability insurance that you are required to have according to the Road Traffic Act, but covers a bit more. Your motorbike will also be covered if it is damaged in a fire or if it ends up being stolen.Third Party Only: Last of all, the very basic type of insurance available for your motorbike is third party only cover. This is the basic cover that you must have according to the law. This will cover liability if you end up causing bodily injury, property damage, or death to a third party.
When you get insurance for your motorbike, you’ll end up paying a part of the claim if you are in some part responsible for the accident that occurs. The amount paid will directly depend on the excess amount that is outlined in the policy that you have. Two different types of excess are available and can be a part of your policy:
Voluntary Excess: This is the amount of excess that you agree to take on with the company in order to reduce the premium that you pay. If you make a claim, you’ll pay this amount as well as the compulsory excess.
Compulsory Excess: This is the excess that you are required to pay according to the company and can vary according to the policy that you have.
It is definitely important that you have the right motorcycle insurance so that you, your motorcycle and others on the road are covered in case something happens. Take a close look at the various cover available to you and pick the one that best fits your needs and your budget. Whilst third party only is the cheapest option, it may not be enough cover for your needs. Make this decision carefully and ensure you are always covered, it’s the law!
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Top Tips To Get A Great Deal On Your Motorcycle Insurance
With the current global economy, everyone is worried about saving money. While you have to have insurance on your motorbike, no doubt you want to find the absolute cheapest price you can that still provides you with the cover that you need.
The good news is that you can find reasonable prices on motorcycle cover today if you know where to look. Here are a few excellent tips that can help you save a lot of money on the insurance you need for your motorbike.
- Get many quotes: One of the best tips you can use to get a great deal on the insurance needed for your motorcycle is to get as many quotes as you can. Shopping around is one of the best ways you can find a deal. Never just go with the first company that you find. One of the best ways to get a variety of different quotes is to get online. There are websites that offer multiple quotes to you while you only have to put in your information once. You can quickly get multiple quotes and get a look at which companies can offer you the best prices along with the cover that you need.
- Add security devices to your bike: Believe it or not, you can actually get a better deal on motorcycle insurance if you simply add security devices to your motorbike. If you let companies know that you have approved security devices on your motorbike, they are more likely to give you a better deal. These devices help to reduce the risk of theft for your bike. There are some great devices available that are reasonably priced that can help you to save on your insurance costs.
- Purchase online: Just purchasing your insurance cover on the web for your motorbike can assure you a better deal on the cover you need. Most companies offer better deals online through their sites. They save money when they sell online and they’ll pass on these savings to you. You’ll get a nice discount when you buy online, to the tune of 5% all the way up to 20% in some cases. This is quite a saving and well worth going to the web for your insurance needs!
- Buy multiple policies from one company: Many of the companies that offer your car insurance will also offer insurance for motorbikes as well. Purchasing multiple policies from one company is a way that you can save quite a bit of money. Companies want to have your business, so if you carry multiple policies with them, you can get a nice discount that will help you save money.
These are just a few excellent tips that can help you to get a better price on the cover you need for your motorbike. Motorcycle insurance doesn’t have to be extremely expensive. With these tips you can get the quality cover you need for the best possible price.
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Save on Motorcycle Insurance
Tired of paying too much for motorcycle insurance? You’re not alone. Most drivers assume that there’s nothing you can do about the price, but that’s not true. Here are some ideas for getting the insurance you need for less.
Reduce Your Risks
Insurance is a numbers game. If the average motorcyclist like you has $1,000 of claims in a year, the insurance company has to charge you more than $1,000 a year. The first risk is the risk of accidents, liability and injuries. Insurance companies do their best to identify the risk level you represent. You can lower your risk level by maintaining a good driving record. The type of bike you ride can also affect your premiums. Some bikes statistically are involved in accidents more frequently. Get a couple of insurance quotes before you buy a new bike. It might influence which motorcycle you choose.
The second risk is the risk of damage or theft to your motorcycle. Motorbikes are much more likely to be stolen than cars are. If you can show the insurance company that you are taking steps to minimize the risk of having your bike stolen, you’ll get a better price on insurance. Keep it in a garage and / or install an anti-theft device. A less expensive motorcycle will cost less to insure because the cost of replacement is lower. If you could afford to replace your motorcycle yourself in the event of loss, you might consider dropping the coverage on your bike and just buying liability insurance. Get a quote with and without collision and comprehensive to see whether you’ll save enough to make it worth it.
Pay Your Annual Premium Upfront
Most insurance companies will allow you to pay annually or monthly. If you pay monthly, they charge interest. If you can pay for the whole annual policy at the beginning, you’ll save money.
Comparison Shop
Compare policies with different companies. Most people just renew their insurance without comparing the price from other insurance companies. Rates can vary widely from one insurer to another. Most insurance companies specialize in a niche. One will prefer car drivers to motorcyclists. Another only insures the safest drivers. There are even some that specialize in high risk policies. When you contact an insurance company and ask for a quote, they won’t refuse to sell you a policy if you’re not their preferred type of driver – they’ll just quote you a high price. If you contact a company that does specialize in drivers like you, you’ll get a better deal. You can go through an independent broker or contact insurance companies directly. Many insurance companies will offer an instant online quote. This makes it quick and easy to shop several insurance companies. You don’t have to wait until your existing policy is up. In most cases, if you find a better policy, your company will refund your premium for the remaining term.
All of these ideas will take some time on your part, but it’s well worth the effort. In return for the research you do now, you’ll save on your insurance month after month.
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