Is There Such A Thing As Cheap Motorbike Insurance?
The increase in the number of people who are swapping their car for a motorbike, moped or scooter is becoming ever more evident as the credit crunch continues to affect many people’s lives.
Historically the summer always sees an increased number of motorbikes on the UK roads and whilst the motorbike enthusiast and serious riders are not impressed by these ‘fair weather’ riders, who can pose more of a problem due to their inexperience of being able to handle their bike in any weather conditions.
Statistics show that on average 10,000 motorbike riders cancel their policies during the winter months and inclement weather conditions, which is a huge mistake to make as bike thieves are very aware of this and take full opportunity of darker nights and uninsured bikes to make a lucrative, illegal living to the detriment of the unsuspecting bike owner.
The number of insurance companies who offer insurance for motorbikes are also far fewer than for cars. The main reason for this is the high risks which are associated with the number of claims made from bikers. Those who do offer insurance are less likely to offer the generous discounts which are par for course with car insurance.
Despite these factors there are insurers who specialise in offering insurance for bikes and many will also take into consideration many of the key discount features which are afforded to car drivers. This includes the ability to accrue a no claims discount after the first year of claims free riding, however the massive discounts which are widely advertised for cars are rarely offered for bikes. If you are a conscientious and careful rider with a no claims history which can be proven and you are offered discounts give them serious considerations as they will have a huge impact on lowering the cost of your premiums!
You should also inform the insurers of any security features which are built into your bike or which you have added to reduce the risk of theft. Using recommended security chains can help lower your premiums and help ensure you return to an intact bike not just the front wheel! Sound ludicrous? Well, it’s not as uncommon as it sounds especially on lighter weight bikes such as mopeds and scooters.
Women bikers will also be offered lower insurance, as the insurance companies consider them to be less of a risk than men. This is not only applicable to women bikers, female car drivers are also offered lower premiums!
As with car insurance where you live in the country will have an impact on the cost of your bike insurance. It’s a post code lottery in many respects with high risk areas of the country which are typically the large towns and cities will increase the premium costs.
Having the bike insured for one specified driver is far cheaper than having an insurance policy which enables the person to ride any bike within the limitations of their licence. Insuring the person rather than the bike is the most effective way of finding cheap motorbike insurance.
If you’re looking for a quote on cheap motor bike insurance visit Swinton.
