tzlublin Automotive

If you are thinking about investing in a bike then you should make sure you get adequate motorbike insurance too. How much you are going to spend will often dictate the cover you want. Also whether you are taking out finance to purchase your bike will often depend on the type of cover you will go for.

The most basic cover you can get is third party which is as the name suggests, cover for any third party involved in an accident. With this type of cover, what you are getting is the minimum legal requirement. If you find yourself in an accident where you are at fault the cost of repair or damage to any third party will be paid.

Third party should only ever be taken as a last resort and if you have a very low value motorcycle. It will not cover the cost of repair to your bike. What is more important is that if your bike is stolen you’ll get nothing. With bike thefts a major issue in the UK, you would be ill advised not to have theft insurance.

The next option is for ‘third party fire and theft’ which is basically what it says. You get the same type of cover as third party but you also get protection from theft and damage from fire. Nobody is happy when they wake in the morning to find they have had their pride and joy taken. At least with a valid motorbike insurance policy you can call someone and get the value of your bike returned.

If you have a bike on finance then there really is only one policy you should be thinking of. Fully comprehensive cover will compensate you if you have an accident and damage your bike. There can be nothing worse than having to pay for a bike that you can’t use because you didn’t have cover.

There is one thing that you need to be aware of when selecting your policy if you have a bike on finance. You need to be aware of that some cover will only pay out on the value of your bike. So if you’ve bought your bike at say six thousand but used finance then you may owe around seven thousand pound to the finance provider.

People can often be left paying finance companies for something they no longer have because they had no shortfall cover. Not all motorbike insurance policies are the same and it’s wise to check through everything when selecting your insurer.