Buy Motorbike Gap Insurance Online ?
Why protect yourself with Motorbike Gap Insurance?
What happens if your bike is stolen or involved in an accident and written off?
Don't forget that you own motor insurance company will only pay you what your bike is worth on the day it was written off and that this can and often is thousands and thousands of pounds less than you originally paid.
Even worse you may still have money outstanding on finance and be left paying for a motor bike you no longer have.
A Motorbike Gap Insurance policy from EasyGap could help you with this.
Carry on reading to find out more, click for a quote or call us on 0800 195 4926 for more information.
What is Motorbike Gap Insurance?
So as you can see, Motorbike Gap can protect you in ways that your own insurance may not, as 'fully comprehensive' as it may be!
As you can see, EasyGap Motorbike Gap cover is no 'one size fits all' product. You are offered a range of Gap cover, the same as car or van owners.
There are a range of Gap Insurance policies from EasyGap available for motorbikes, the basic types are listed below. EasyGap policies are underwritten by a UK based insurer, as well as being covered by the Financial Services Compensation Scheme.
We can cover any UK supplied bike, listed in Glass' Guide.
For full terms and conditions please consult the policy terms and conditions.
Why EasyGap Motorbike Gap Insurance?
All Motorbike Gap protection available from EasyGap Gap Insurance is designed to offer peace of mind and cover which is usually only available for cars, vans and motor homes.
So whether its finance gap insurance, return to invoice (RTI Gap Insurance) Motorbike Gap or motorbike vehicle replacement insurance (VRI Gap Insurance) you are looking for, the same cover at the same premiums prices are available. This is another example of the advantages of using EasyGap.co.uk.
We are so confident in our customer service standards and prices that we also guarantee to beat any like for like quotation
Many other gap insurance providers actually provide a separate cover especially for motorbikes, often at premiums far in excess of the equivalent car value.
Why would other providers charge more for Motorbike Gap than other vehicle gap insurance?
Well the answer is quite simple, the chances of claiming on a motorcycle gap policy is higher than on policies for other vehicles. Motorcycles involved in accidents are much more likely to sustain the type of damage that would lead them to be 'written off' by an insurer. Also not matter how vigilant or careful you are motorbikes are much easier to load onto a trailer than a car, for example, so can be an easier target for theft.
As prices of motorbike rise it stands to reason that many people who own motorbikes are now wisely looking at Motorbike Gap protection to protect their investments. The types of Gap Insurance for motorbikes available include
- Motorbike Vehicle Replacement Insurance-VRI
- Motorbike Finance Gap Insurance
- Motorbike Return to Invoice Gap Insurance -RTI
We can provide cover for many manufactures, so whether you have a Suzuki, Honda, Kawasaki, Harley Davidson, Triumph or any other type of motorbike, we could have a policy to suit.
They all provide a way in which you can protect your investment at different times of ownership and different levels of cover.For a more detailed look at the different types of Motorbike cover, please use the 'Gap Insurance' tab on the menu bar at the top of the page.
For more on Motorbike Gap Insurance take a look at our new pages
- Vehicle Replacement
- Return to Invoice
- Finance Gap Insurance
- Buy motor Bike Gap Online
- Motorbike Gap Claim
Whether we like to admit it or not motor bikes are easier for criminal elements to target. They can also be involved if what can seem like minor impact and still sustain damage which means that your insurance company decide to write the bike off. This means that in insurance terms who are more likely to make a claim.
This would originally mean that as you are more likely to make a claim it will cost the insurance underwriters more who in turn will ask for higher policy prices.
At Easy gap we use our buying power to absorb the increased risk with absolutely no additional charge to you. No matter if you are buying vehicle replacement for a bike, a car, a motor home or a van.
So what can vehicle replacement insurance do to protect your bike?
Vehicle replacement insurance for motor bikes is very similar to standard forms of return to invoice in that you are protecting a financial amount but with one very important distinction.
Bikes change over time, manufactures are constantly improving and changing specifications and this invariably means that costs increase. So if your bike was written off in two and half years time simply getting all of your money back may not be enough to be able to buy the same type of bike again.
This is exactly where motorbike vehicle replacement insurance can help in that instead of simply paying the difference between your bikes valuation and the original invoice price you paid it now instead pays the difference up to the amount you would need to spend to buy another bike the same age, mileage and specification as yours was on the day you collected it from the dealership.
If the bike specifications have changed settlement is made on the superseding model.
In essence between your two insurance policies you know have the full purchase price of the replacement bike back, from this you can clear any finance if any and the rest the deposit and the equity you have is yours to do with as your see fit.
Please remember that not all insurance and gap insurance companies will have the same views or policy terms and our policies are feature packed so beforeyou buy motor biek gap inurance fromany where else why not click or call and speak to a member of the team nd your motor bike and how vehicle replacement could help.
Return to invoice is one of the most popular forms of protection. We think that this is because it is very easy to understand. We know that bikes just like any other vehicle lose value over time and that your own insurance company will only ever pay you what your bike is worth on the day it was written off.
So what does this mean to you?
Well for illustration purposes lets say that you have just bought a nearly new bike and paid £8950.
Two and half years later your bike is stolen and you insurance company offer you the market value which based on the average rates of vehicle depreciation would be just £4600.
Without any form of gap insurance the £4600 is the only amount ( without using savings ) that you have to buy another bike or clear any finance.
This is exactly when return to invoice gap insurance can help.
In this example your policy you pay the difference between your bikes valuation on the day it was written off and the original invoice price your paid.
This means that you now have a payment from your own bike insurance company £4600
Your gap insurance pays £ 4350
Your policy also pays £250.00 towards your own motor insurance excess.
You know have the full purchase price back to replace your bike without having to use any savings. If you had paid for your bike on a form of finance you can clear the outstanding amount and then the rest, the balance , the chunk in the middle is yours to do with as you see fit.
Why not click or call and explore your motor bike return to invoice gap insurance options.
Motorbike Finance gap insurance is one of the easiest levels of cover to understand.
Simply put it pays the difference between your bikes valuation on the day it is written off and simply clears your outstanding finance. Please remember that your policy will not cover late payment or arrears charges but essentially will leave you free to walk away with no further financial liability.
The good news is that we still pay £250.00 towards your own motor insurance excess and you can buy your policy at any time during your agreement.
So why not click or call and discuss your bike gap insurance options?
Motorbike vehicle Replacement pays the difference between your bikes valuation on the day it is written off and the amount of money your would need to spend to buy another bike the same age, mileage and condition as yours was on the day you picked it up from the dealership. If that bike is no longer available settlement would be based on the superseding model.
Motorbike return to invoice gap insurance pays the difference between your bikes valuation on the day it is written off and the original invoice price your paid. You now have the original price back so your can clear any outstanding finance and the rest the equity you have is yours to do with as you see fit.
Motorbike Finance Gap Insurance pays the difference between your bikes valuation on the day it is written off and simply clears your outstanding finance. Remember that it will not cover the cost of any late payment charges or arrears.