The cover you’ve picked is shown on your insurance certificate. Here’s a brief run down of what you get with each type of cover. With the kind of details only a lawyer could love, you really should read all of the policy wording, starting from page 17, so you know what’s what.
Comprehensive insurance
What you get:
Replacement of your bike
If it’s a write-off, it’s less than one year old and you bought it new we’ll replace your bike (with the ok of your lender if you purchased it on finance). We’ll also pay all on-road costs.
Or we’ll pay out
We’ll pay you the market value if it’s written-off. We’ll pay out the finance provided by any relevant lender first, and then pay you the balance and the insurance contract will end.
Fixing your bike
If your bike isn’t a write-off, we’ll pay for and arrange for repairs up to the sum insured shown on your insurance certificate. You can choose the repairer you get a quote from, however we reserve the right to get quotes from other repairers. Our assessor will then review the quotes and what is necessary to repair your bike and choose the repairer who has submitted the more competitive and comprehensive quote. If your bike can’t be ridden we’ll get your bike towed (at our expense) and we’ll sort out the quote for you.
If your chosen repairer gets the OK to repair your bike or replace any part of it, we will pay the costs agreed by our assessor up to the sum insured. We can replace damaged parts with new parts or second hand parts as long as they are of a similar condition to those being replaced.
Lifetime guarantee on authorised repairs
Enough said.
Accessories are covered too
We’ll pay the cost of fitting the accessories (up to the assessed value).
Even modifications can be covered
We’re talking about non-standard mods to your bike that you have told us about, which are covered up to the amount shown on your insurance certificate.
Age or inexperience is no barrier
Your bike is still covered even while being ridden by another rider, regardless of their age or experience.
However additional excesses will apply -
For riders who have had their bike licence for less than one year or has been riding for less than one year.
For riders under 25 years old, although this additional excess is less if you named them on the policy.
Warning!
There’s no cover if the rider of your bike has been refused car or bike insurance. There’s no cover for damage you, or someone you let ride your bike does to their own property. That’s a lawyer’s way of saying, “If you own it, and you wreck it - you pay for it”.
What’s the damage?
We’ll pay up to $20million, for damage to someone else’s property. We’ll come to the party if damage is caused by your bike and, where you, or someone you let ride it, is found to be at fault.
Stay out of trouble, reap the rewards
A No Claim Bonus is also available. Further details can be found here.
