motorcycle insurance overview (a buyers guide to bike insurance)

With the trend for motorcycle ownership increasing and the drive to be green making scooters & mopeds more attractive; you would expect motorbike insurance to be easy to come by.

However, despite the rise in popularity of motorcycles, many of the larger insurance companies avoid bike insurance or load their premiums to "manage the increased risk associated with motorbikes."

This is where Wicked Quotes is different - we are a motorcycle insurance specialist.

Not all bike insurance polices are created equal; price is an important - but should never be at the expense of cover.

As riders we understand the needs of motorcyclists as well as the complexities of insurance - a low insurance premium is one thing; but finding you're not covered in the event of an accident can be disastrous.

The following gives an overview of motorcycle insurance …

types of motorcycle insurance

Please remember - not all policies are the same. Before purchasing any type of motorcycle insurance you should get several quotes from different underwriters, compare the cover (carefully read and understand the small print), then choose the policy that best suits you, your motorcycle and your lifestyle.

As an independent insurance intermediary, we deal with a unique panel of motorcycle insurance underwriters. This allows us to find the most suitable bike insurance for our customers at the right price and never at the expense of cover.

For more information on types of motorcycle insurance click here …

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motorcycle insurance discounts

Unlike car insurance, motorcycle insurance providers tend not to be overly generous with their no claims discounts. However, after years of claim free biking it is often worth paying a small extra premium to protect your no claims bonus.

Tedious as they are, all the questions we ask affect your insurance premium and ensure we get the right cover for your lifestyle. The experts agree that motorcycle insurance is one of the most complex insurances, which is why going to an expert is so important.

For more information on motorcycle insurance discounts click here …

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canceling your motorcycle insurance

Many bikers cancel their motorcycle insurance during the winter months, or when the motorcycle is likely to be left unused for a long periods. Statistics indicate that over 10,000 bike insurance policies are cancelled every year and the motorcycle stored until more clement weather. Unfortunately, bike thieves also know this and target garages and lock-ups that appear unused.

Not only does keeping your motorcycle insurance policy running protect your bike from fire, theft and malicious damage (depending on the level of cover), but it also builds & maintains your no-claims-bonus (a fact in itself that often outweighs the insurance company's refund).

Before canceling your motorcycle insurance, you should check what refund (if any) you will get. Many less scrupulous companies offer extremely-low insurance premiums to new customers, hoping to make their money by charging over-the-odds later - particularly in the case of cancelations.

Wicked Quotes operates a transparent pricing structure - so there will be no 'unexpected' fees for canceling or changing your motorcycle insurance policy.

So to summarise, even though canceling your motorcycle insurance policy may seem attractive at the time, maintaining it throughout the year may prove more prudent.

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calculating motorcycle insurance premiums

After considering your age and experience, where you live affects the cost of your motorcycle insurance. Inner cities attract higher insurance premiums than suburbs and rural areas - partly due to the increased risk of theft associated with these areas.

However, many other factors are used to calculate the cost of motorcycle insurance including the motorbike itself, its engine size, value, age and whether the bike is garaged overnight.

For more information on motorcycle insurance premiums click here …

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