Good Advice for Those Requiring Moped Insurance
Moped insurance is a must if you intend to ride this type of vehicle. There are different types of this insurance and the best one for you will depend on a number of factors. What follows is just a bit of advice about what you should consider in this regard.
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If you have any modifications to your motorbike it is important that you inform your insurance broker. In many instances this won’t affect the amount you need to pay. If you make modifications it could be that this invalidates your insurance should you make a claim.
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If you want to travel abroad then it is important that you check your moped insurance covers this. Your UK insurance will usually cover you for other European countries, but always check with your insurer first of all. If you intend to take your moped further afield then you will probably need to pay for additions insurance.
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The cheapest moped insurance you can get is third party only. This only covers you for the damage you cause to other people. If you damage your own moped then this won’t be covered by the insurance; you also won’t be covered for fire and theft. Although third party insurance is a cheap option you certainly will want more than this if your motorbike is precious.
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If you are choosing between different moped insurance companies try to find one that offers a no claims discount. This means that the cost of insurance will fall every year so long as you don’t make a claim.
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Some moped insurance companies will offer you a special discount if you only use your bike occasionally. It is generally considered that anything less than 3,000 kilometres a year would be considered minimal use. It is important that you never lie about this because if you make a claim and it turns out you use your bike a lot it will cancel out your claim. Most insurance companies will offer about a 10% discount if you only occasionally use the moped.
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If you take certain security measures such as installing an approved alarm and lock then this can help you get a discount on your moped insurance. There are also moped safety training courses you can take that will help reduce the price you will be charged for insurance.
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If you want additional coverage such as protection from legal expenses then this can be obtained. It will increase the cost of your insurance though.
So there you have just a few bits of advice that may be of value to you when choosing or renewing your moped insurance. You have a lot of choice when it comes to insurance so it pays to check out your options.