Owning a motorcycle requires more than just safety measures like having a helmet and going for training. Without insuring your motorbike, this gets you into trouble with the law requirements set by the state.
In Australia only, thousands of people already own motorcycles. However, with an increase of vehicles on the road, it is paramount for motorbike owners to consider more safety and protection strategies.
Motorbike insurance is required by the law, for everyone owning and riding a motorbike on the road. The insurance protects you against liability in case your motorcycle gets involved in an accident and damages another vehicle and, causing injury to another person. It also provides some financial compensation when your car is stolen, destroyed by fire or vandalized.
Getting insurance is necessary up until when your vehicle is declared off the road by the transport authorities. This shows how illegal it is to own a motorcycle without insurance. If you are caught operating a vehicle without a guarantee, it could lead you to pay a hefty fine or get disqualified from riding.
In this case, getting motorbike insurance quotes if you are a first-time owner of one has to be your first step. You should know that there are three levels of covers; third party; third party, fire, and theft and, comprehensive.
A third party cover caters for injury or damage to other people and not you. The third party, fire, and theft is similar to the third party but also provides for costs of replacing and repairing your bike if it is destroyed by fire or stolen. The comprehensive cover is of a higher level as it has all the features of a third party cover. It protects damage to your motorbike, accidents involving other people, payment for bike replacement and injuries you encounter n an accident.
