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Types of Motorbike Insurance

Scooters, sports bikes & classic cruisers can all be insured

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types of motorbike insurance Types of Motorbike Insurance

New Zealand insurance companies generally offer two types of insurance cover — full coverage and third party coverage. But before you decide which policy to buy, conduct thorough research and understand that a lower price may mean less cover. Further details about each policy can be found below:

Full Cover Motorcycle Insurance

Full cover is much like comprehensive car insurance where drivers are covered for almost every situation. Full cover motorcycle insurance provides the following:

  • Repairs to your motorcycle to restore it back to its original condition.
  • Replacement of your motorbike should it be declared non-repairable.
  • If you are at fault, the insurer will repair or replace property of the third party.
  • Transportation expenses while your motorcycle is being repaired.
  • Salvage fees.

Third Party Motorcycle Insurance

Similar to third party car insurance, motorcycle owners are only covered for the damage they cause to a third party. The cost to replace or repair your motorbike would not be covered. Every insurance company has slightly different policies. It is important that you check and understand your policy to ensure that it covers all your needs. Find out how to obtain cheaper motorcycle insurance cover by following the tips in our save on insurance section.

Isreal is passionate about finance, online marketing, travel and helping others increase their knowledge. My Insurance Guide was started over five years ago is one of the first insurance resources available online, free for all Kiwis to access.

Isreal HartleyAuthorMy Insurance Guide

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