With classic motorbikes the insurance implications are different to those with standard bikes. Insurance companies will normally insist on certain criteria on which they base the cost of the annual premiums on your policy and will also dictate whether your bike falls into the ‘Classic' category.
The criteria could include the following;
- The bike must not be less than 20 years old.
- It must not be your main mode of transport.
- Its usage must be restricted to social, domestic and pleasure (includes show events).
- Must be kept in a locked garage at your home when not in use.
- Limit the mileage.
- It can only have a maximum of four riders aged between 30 and 69 they must have a full bike license for up at least like 2 years and be a UK resident for at least 3 years.
The list of benefits would typically include;
- Instant cover
- Legal protection
- Multi bikes policies
- Breakdown recovery
There is a list of unacceptable occupations which include the following;
- Artists
- Amusement arcade workers
- People in the entertainment profession
- Journalist
- Musician
- Professional sports person
- Those in the motor trade
- Models
- The unemployed
Visit this site for a detailed list of classic bike dealerships around the country.
http://bikesource.co.uk/index.php?viewCat=13 |
