What Types Of Motorbike Insurance Are There?
- Third-party only – this is the minimum cover required by law and will only protect you for third-party liabilities – e.g., damage to another driver’s vehicle in the event of an accident that was your fault
- Third-party, fire, and theft – this is the same as third-party, but it also insures your vehicle should it be stolen, damaged, or lost in a fire
- Fully comprehensive – fully comprehensive will cover you should your vehicle be lost to fire, stolen and, in the event of an accident, it will pay for repairs to your vehicle even if the accident was your fault
On top of this, insurers want to know how you use your bike. These uses are categorised as:
- Social, domestic, and pleasure – if you’re only using your bike for leisure and social travel, this will cover you
- Social, domestic, pleasure and commuting – if you’re also using your bike to ride to a single place of work, that counts as commuting and means you need extra cover
- Social, domestic, pleasure, commuting, and business use – if you’re using it for all of the above while also using it for business reasons (like a delivery service), then you’ll need business use cover
Which one is right for you depends on how you use your bike and how much you want to spend. Fully comprehensive tends to be the most expensive and third-party the cheapest. If you’re unsure which is best for you, please contact your local Coversure, and they’ll be happy to give you some independent advice.