How bike insurance premiums are calculated
- Author Ted Caffrey
- Published January 8, 2011
- Word count 356
Taking to the streets on a new motorbike can be an exhilarating experience, but the occurrence of an unexpected incident could easily spoil it. Sufficient bike insurance is therefore necessary to cover the costs of these potential incidents.
However, there are a number of factors that riders should take into account when buying a new bike to ensure that they get the most out of their bike insurance policy:
Make and model of the bike – A top-of-the-line bike can be expensive to repair or replace, and therefore insurance premiums for high-end bikes tend to be greater than for less powerful models. Similarly, it may be more difficult to find the correct spares for bikes older than 20 years, which could also result in increased premiums for older bikes.
Riders’ age and previous riding practices – Age is an important factor in all insurance premium calculations, as people under the age of 25 are categorised as having a higher risk profile. Also, if riders have any previous motoring convictions their insurance premiums will be higher for the same reason. If needing bike insurance, riders with convictions can seek quotations from specialised bike insurance providers such as Express Insurance:http://www.expressinsurance.co.uk/bike-insurance, for the best deal on their bike insurance.
Bike security – Insurers also assess the potential risk factors within the areas in which riders live, and in which their bike is stored. Ensuring that appropriate security measures are in place to protect the bike while not on the road is therefore essential. Make sure the bike is kept in a securely locked building, and that recognised anti-theft devices are installed to help keep insurance premiums as low as possible.
Taking out adequate bike insurance cover when purchasing a new bike is vital to ensuring riders’ peace of mind on and off the roads. Get a free online quote and secure an Express bike insurance: http://www.expressinsurance.co.uk/bike-insurance, policy today.
This article was written on behalf of Express Insurance by a third party content provider. Please note that Express Insurance does not control and cannot guarantee the relevance, timeliness, or accuracy of the above content.
Get a free online quote and secure an Express bike insurance: http://www.expressinsurance.co.uk/bike-insurance, policy today.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- The Transformative Power of Yamaigel’s Certified Gel Eye Masks
- Checking account with cell phone protection!
- Keeping Cool This Summer: Air Conditioning Installation Services in Milwaukee
- A DIY Guide to Fixing Your Garage Door (with a Call to Garage Door Magnolia When All Else Fails!)
- Can a Bent Garage Door Be Bent Back into Shape? Don't Panic, Call Kiki Garage Door!
- How Can I Tell If My Garage Door Opener Sensor Is Bad?
- Maximizing Profitability: The Economics Behind Customizable Design Assets
- Exploring the Hidden Gems of Si Racha, Thailand
- DIY vs. Professional Movers: Pros and Cons in 2024
- MK Web Celebrates Top Position in Bourne's Premier Web Design Rankings
- The Road to Sobriety: Understanding Substance Use Disorders
- MotorKote Ultimate 40/60 Synthetic Hyper Mix 5W-30
- Exploring Denver on a Dime: A Frugal Travel Guide
- Top 10 Ways Production Scheduling in Business Central Transforms Manufacturing
- Strength Training and it's Incredible Benefits for Fat Burning
- Enhancing Home Security with Aluminum Shutters: A Focus on Weatherwell Elite
- 5 Easy Ways to Make Oral Hygiene Fun for the Whole Family
- Transforming Plastic Extrusion Machines into Recycling Powerhouses
- Unraveling the Potential of Plastic Extrusion Machines
- The Rise of Plastic Recycling Machines: A Step Towards Sustainability
- Strawberry Cheesecake Ice Cream: OMG! Unreal!
- The Advantages of Using Professional Home Cleaners in Ilford
- 8 Compelling Reasons to Hire Professional Home Cleaners
- The 12 Steps Narcotics Anonymous Program To Recovery
- Send Money to Tanzania: Effortless Transfers with SafariRemit
- Stylish Savings: 10 Frugal Ways to Stay Fashionable in 2024
- Fly Cheap With FlightPapa To Any City
- How Collaborating with a Software Development Company Can Propel Your Business Forward
- A Comprehensive Guide to Choosing the Best Hair Transplant Method
- 15 Frugal Tips for a Memorable Wedding Day