Driving without adequate bike insurance is illegal, can be very costly and could lead to prosecution. If any person is responsible for an accident when driving without insurance they can be made to pay any costs caused by the accident. These costs can be very high as they will include damages to another vehicle or property and any medical bills that have resulted from the accident.

There are three common types of bike insurance and each offers a varying level of cover. The types of insurance are similar to those for car insurance and include: third party, third party: fire and theft, and comprehensive. There are also specialist policies for expensive, classic or vintage bikes.

The competitive nature of bike insurance means that there are a lot of insurance companies on the market that offer bike insurance. For the consumer looking for bike insurance, it pays to shop around and take advantage of the competition. Online search engines are very popular and a cheap, easy and convenient way to find the best deal. Using a search engine can save money and time by searching through 95% of the market in a matter of minutes.

The types of rates for insurance can vary from insurer to insurer depending on the personal circumstances. Insurers will take into consideration factors like age, gender, location, driving experience along with the cost, the amount of use and type of bike to be insured.

What’s a ‘no claims bonus and why is it worth having’?  A no claims bonus is certainly worth having in any bike insurance policy as it can greatly reduce the cost of a premium, by as much as 70%. It is a scheme designed to reflect the risk of the person being insured and is a reward for driving carefully. A bonus is obtained by making no claims and, by doing so, proving a person is a safe driver.

Are things like helmets and leathers covered under a policy?  It depends on the specifics of a policy but most policies do not normally include cover for such items. Some household insurance policies may such items so it’s worth checking.

If a person is thinking of driving their bike abroad it’s worth checking what kind of cover they have. By checking with their insurer they will be able to get an accurate impression of the cover they have for driving abroad.