Information

What Information Will The Insurer or Broker Need?

In order to receive an accurate quote for the cost of your motorbike insurance premium, it will be necessary for you to provide essential information. The information is basic. Plus, having the information handy and thinking about your answers first does speed up the process.

The first set of information that you will need to provide is the details of the vehicle. These details include the make and model of your motorbike. You will also be expected to provide the age of your bike, its capacity, and the registration. Whether your bike will be housed in a garage or secure building or simply parked on the road is important as well since that plays a part in determining your premium fee.

Next, your driver details will be required. In addition to your full name, your date of birth and your full address are required pieces of information. Your entire driving history should also be provided including any accidents or convictions that you have on your record.

If you are declaring that you are entitled to the no claims bonus, you must provide proof of this fact. Simply present your entitlement showing the name of your current motorbike policy and insurer.

Decide which type of insurance cover you want prior t applying for it. By law, you must obtain “third party only” cover at the very least. This covers your legal liability in the event that you injure an individual, individuals, or the property of others. Alternatively, you can obtain “third party, fire, and theft.” This will cover the above as well as providing additional cover for the damage or loss of your bike by thieves or fire. Finally, you can elect to obtain “comprehensive” cover. This type of insurance cover provides the above as well as providing additional cover for any accidental damage to your motorbike.

The next piece of information about your bike usage is simple and straightforward. The insurer will simply want to know if you will be using your bike for business or domestic travel.

The voluntary excess or the amount that you are willing to pay in the event of a claim is a variable with a bit of flexibility attached to it. The greater the portion of excess that you are willing to pay, the better the discount that you can realise on your premium. Decide before you inquire about an insurance cover for you motorcycle how much you think you are willing to pay out.

If you intend to place any restrictions upon your motorbike, it is a good idea to inform your insurer. Perhaps you will consider restricting who can ride your bike or where it can be driven.

Once you have all of this information gathered and decided, you are ready to request a quote for your motorbike insurance cover. Remember that it is always a good idea to shop around and get a few comparative quotes so that you can locate the best deal.