By owning bike insurance, the insurance company guarantees to provide coverage for accidents or damages that may occur whilst driving a bike. There are many factors that can affect the cost of bike insurance there it is often recommended to look around and find the best deal available to suit the individual.

The age and riding experience of the rider can play an integral role when calculating the cost of how much the rider is going to be paying for their insurance. For those riders who have just passed their test and have had little experience of driving a bike, they will be seen as more of a high risk in terms of accidents and damages to the vehicle and themselves. Furthermore, for those who have only just passed their test and are under 21 years of age, they will be seen as an even higher risk as young people statistically are more likely to be in accident. However, this affecting factor can be reduced slightly by taking part in a specialised bike training programme after passing the standard bike test. By carrying this additional training out, it shows the insurance company that the rider has been given further training and experience on how to use the bike, which as a result lowers the risk of having an accident.

The age of the vehicle and whether it has been modified will also have an effect on the bike insurance price, as bikes which are new or have been fully modified with the latest equipment are more attractive to steal rather than one that is old and has not been updated. However, insurance premiums will be lower if the bike is kept in a secure garage or lock up rather than on the road, regardless of the modifications that are carried out.

With all motor vehicles, there are laws in place which should be followed in order to make driving safe. However, if these laws have been broken, it can affect a riders record and as a result increase their insurance premium. The most common offence committed by those on a bike is speeding, due to the powerful engine that they possess and the ease of being able to exceed the speed limit, whether intentional or not. If someone has been caught speeding, they are often fined and have points put on the license, which will have to be shown to the insurance company. This is also the case for any accidents that have occurred whilst riding the bike and therefore must be told to the insurance company. Non-disclosure about any of these points can result in a claim rejected or the policy being void.

Although bike insurance is a product which can work out expensive, it is something which is required by law and is therefore unavoidable. The aim of bike insurance is to protect the owner from financial loss due to an accident, theft or damage to the vehicle and is therefore something which is valuable to have. With this in mind, by proving to an insurance company that an individual is a safe and careful rider who securely protects and looks after their bike, it will mean that their insurance premium will be lower. Therefore, there is nothing to lose in looking at the different insurance companies available and search for the one which will give the best deal, meaning that there is reason to be paying over the odds for bike insurance.Kwik Fit Bike Insurance have a team dedicated solely to finding the best possible deals in motorcycle cover – and have an 18-strong panel of leading insurers specialising in quality Motorbike Insurance and Motorcycle Insurance Services