Motorbike Insurance: Hitting the road with Compendium Insurance Brokers

From daily rides to weekend leisure; bikes are a much loved hobby amongst many of our clientele. At Compendium Insurance Brokers, we like to keep your treasured motorbike covered against theft or damages. Regardless of age, make and where you are located, we have a bike insurance product to suit your needs. Although, where age is concerned, older bikes do tend to keep premiums down…

Here's what you need to know about motorbike insurance from CIG:

We developed it in conjunction with bike owners. You heard right, CIG went out to discover what bike owners needed from their insurance policies and the result was bike insurance from Compendium. It's flexible and affordable. Whatever bike you own, we have an insurance solution that can be customised to suit you. It extends to more than just motorbikes. Should you own a scooter, quad bike or moped you can still keep it covered! Prefer to power your bike with your legs instead of petrol? We have a special, standalone bicycle policy for your peace of mind! You can fill in the online form found on our website to get a quick quote in almost no time at all! How is the sum insured calculated? We will insure your bike at current retail value. That way, should your bike get stolen or damaged, you won't be left in a worse off position. We get this value from the Auto Dealers Guide prepared by Trans Union Auto Information Services, the month that the loss occurs. Should you have stated an agreed value in your schedule, that value may apply. We offer three types of cover options for you to choose from. These include: Third Party Fire & Theft, Comprehensive Cover or the more limited cover option of Third Party Only. This policy will cover any damages or loss of the motorbike as stated on the schedule. Insurers can choose to repair, replace, or pay out the amount of the loss or damage for the vehicle to you, minus the first amount payable.

At Compendium Insurance Brokers, we want to give you peace of mind that your bike is insured against unforeseen losses or damages. To arrange a short consultation with one of our brokers to discuss this highly flexible policy, contact us today on 031 242 6800 or visit our website