Below we have outlined the most common questions asked about bike insurance. Please click on a question to get the relevant answer.
Do I have to get bike insurance? What happens if I don’t have bike insurance? What types of bike insurance are there? Where can I get bike insurance from? Why do the costs of policies vary so much? How do I keep my costs as low as possible? How does a ‘no claims bonus’ work? Are my helmet and leathers covered under the policy? Can I ride my bike abroad on my policy?
A no claims bonus is certainly worth having in any bike insurance policy as it can greatly reduce the cost of your insurance, by as much as 70%. It is a scheme designed to reflect the risk you carry at being insured and is a reward for driving carefully. You obtain the bonus by making no claims and, by doing so, proving you are a safe driver.
Only Insurance Ltd is authorised and regulated by the Financial Services Authority, FSA registration number: 313649. Our registered offices are 1 Kings Avenue, Winchmore Hill, London N21 3NA, company number: 05223009. Telephone 0207 377 1805.