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
- 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.