If you're a motorcyclist in the UK, getting insurance is an essential part of owning and riding a bike on the road. Here are some key steps to follow to get the right motorcycle insurance for you.
Firstly, it's important to research and compare different insurance providers to find the best deal. This can be done online, with many comparison websites available to help you easily compare policies and prices.
Before you start looking for quotes, it's a good idea to consider your individual needs and circumstances. For example, if you only ride your motorcycle occasionally, a policy with a lower annual mileage limit may be more suitable and cost-effective. Additionally, if you have a secure garage or driveway to park your bike, it could reduce your premiums.
Another factor that can affect the cost of your insurance is your no claims bonus (NCB). If you haven't made any claims on previous policies, this can lead to significant discounts on your premiums. If you have a car insurance policy with a NCB, it may also be possible to transfer this to your motorcycle insurance.
It's also worth considering taking advanced rider training, as many insurers offer discounts for completing recognised courses beyond the Compulsory Basic Training (CBT) and licence requirements. Furthermore, investing in safety and security equipment, such as alarms, immobilisers, and ground anchors, can also lead to lower premiums.
When choosing your level of cover, it's important to balance the cost with the protection you need. Third Party Only cover is the minimum legal requirement, but may not provide adequate protection for your bike. Comprehensive cover offers the most protection, but is also the most expensive. Third Party Fire and Theft can provide a good balance between cost and protection.
Lastly, when setting your excess, remember that a higher voluntary excess can lead to lower premiums, but you'll need to pay more upfront if you make a claim. Conversely, a lower excess will mean paying more for your policy.
In summary, to get the most affordable motorcycle insurance in the UK, it's important to compare policies and providers, consider your individual needs and circumstances, build up a no claims bonus, invest in safety and security equipment, and consider taking advanced rider training. Balancing the level of cover and excess is also important, and remember to always be truthful when providing information to insurers.