Motorbike Insurance: Why You Need It

Motorbike Insurance: Why You Need It

If you ride a motorcycle, you better have insurance. Here's why.
By Ben Jackson   May 15, 2016 7:29 pm GMT-0700

Motorbike insurance is like any other vehicular insurance; it helps cater for different costs after an accident. Unfortunately, a lot of people learn they do not have adequate coverage after an accident. Being aware of the importance of insurance is vital for anyone who owns or rides one and this is why every motorcycle owner or rider should take the necessary steps to get the right insurance. Below, we will look at why motorbike insurance is so important and how to find the best policy for your needs.

It Is Required by Law

The most obvious reason why you need motorbike insurance is because it is required by law. Much like helmets, if you do not have motorcycle insurance plan, you could be jailed, fined or even have your license suspended for up to 6 months.

It Helps Protect You from Liability

No matter how much you try, it is likely that you will get into a motorbike accident if you ride one often. When this happens, it is important that you do not accept liability for the accident and instead let your insurance company handle it for you. If your motorbike is involved in an accident, your insurance can cover damage to a vehicle or other motorbike as well as hospital costs for any injured third parties.

Financial Compensation

Depending on the insurance you have, you can get financial compensation in case your bike is stolen, destroyed by fire or vandalised. Instead of compensation for theft, some insurance providers opt to look for the bike on your behalf. If they cannot locate it, then they will offer some financial compensation for it.

Some insurance plans also have a property damaged coverage clause that pays for repairs or the replacement of the bike in case of an accident. Just remember that you might have to pay for an additional plan if you want this type of coverage.

Personal Injury Compensation

Personal injury compensation covers your medical bills regardless of whose fault the accident was. In these cases, the insurance provider will cover medical bills up to a predetermined policy limit. Some personal injury protection plans cover lost wages due to an accident or even the medical expenses of a passenger involved in the accident.

What If You Are Not Insured?

Riding a motorbike without proper motorbike insurance is illegal. If you are arrested for this offence, you might be fined or be disqualified from riding. In most cases, you will have at least six penalty points added to your license. If you are taken to court, you will still be fined and even disqualified from riding. In some extreme cases, the police can damage the motorbike, especially if you are a repeat offender. To avoid all this, get proper motorbike insurance. A good place to start is on comparison websites that let you compare motorbike insurance plans – try and find a deal through if you do want to save as much as you can.

There are so many reasons why you should get motorbike insurance, with the biggest one being to obey the law. When you do, you avoid fines, jail time or even being disqualified fro

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