With dozens of insurers in the market, finding the right motorcycle insurance can be tricky. As well as having to compare the price of insurance for a motorcycle it is also important to make sure that you have all the cover that you need.
Finding the right bike insurance is not just about getting the cheapest motorcycle insurance quote. Low cost cover can sometimes prove to be false economy if the policy doesn’t cover a number of important risks.
So, when you compare motorcycles insurance, make sure you consider:
- The annual premium cost
- Whether the policy includes helmet and clothing cover and, if so, whether there are any limits on this cover
- Whether the policy also includes breakdown cover
- Whether the policy includes European cover (and European breakdown cover)
- Whether the policy offers third party or comprehensive cover. Third party insurance for a motorcycle is often cheaper but it won’t cover any damage to your bike caused by an accident that was your fault
- Whether the policy includes other benefits such as legal expenses or personal accident cover
The most suitable motorcycle insurance quote for you is likely to combine the cover you need with a competitive price.
Ways to help secure the cheapest motorcycle insurance
While price is not the only factor you should take into account when buying bike cover, there are ways that you can help yourself benefit from cheap motorcycle insurance. For example:
- Compare motorcycle insurance quotes - get quotes from as many different motor bike insurance providers as possible
- Buy online - many insurers will reduce the cost of your policy if you buy it on the internet
- Maximise your no-claims – make sure that your chosen insurer will accept any and all no-claims bonus that you have built up over the years and consider protecting it
- Pay up front – a lot of insurers will charge significantly more for their policy if you pay by direct debit on a monthly basis so pay up front if you can
- Increase your voluntary excess (the amount you pay in the event of a claim). This will generally make your motorcycle insurance quote cheaper but it will mean you have to pay more if you make a claim on your policy so don't go higher than you can afford
