You ask, we answer

Some of the insurers we deal with can cover your bike for rider training and track days. Please let us know if you want this cover. Approval is required from the insurer before cover can be set up, this can be done via our website.  We require at least 2 days working notice prior to the event to ensure we can get approval sorted.

It pays to check your schedule. Most of our Comprehensive Insurance policies automatically include roadside assistance designed specifically for motorcycles and are available to policy holders 24hrs 7 days a week.

Both types of policy will have a “Sum Insured” that is nominated when you take out or renew your policy. The difference is in how that Sum Insured affects what you receive as a payout if your motorcycle is stolen or written off in an accident.

With a Market Value policy, the insurer will pay out either the Sum Insured or the motorcycle’s pre-accident value (determined at the time of claim), whichever is the lesser.

With an Agreed Value policy, the Sum Insured is agreed by the insurer to be the valuation of the bike at the start of the policy, and this is the figure that is paid out regardless of what the motorcycle’s pre-accident valuation may be.

The Agreed Value is normally adjusted at renewal time, whereas many Market Value policies aren’t. This means that with Agreed Value you are only paying for the cover that you get, whereas with a Market Value policy that isn’t annually adjusted you can often be paying premiums based on a Sum Insured that is much higher than you could hope to be paid if the motorcycle is written off.