Classic or vintage motor bikes are known to be owner’s pride many of which are demonstrated at classic bike festivals and other motor vehicle events. Thus it is important to have these classic bikes insured as they have higher risks of getting stolen or damaged out of grudge. Usually classic bike insurance premiums are much more competitive than the premiums that have to be paid for a standard bike.

For some people riding a bike is more than a recreational activity and thus even though older bikes may be more prone to damages or breakdown, some factors override these classic bike insurance criteria and hence substantially reduce the risk therefore reducing the price.

“Agreed value” insurance policy is generally acknowledged as the most effective way to insure classic motor bikes. The main benefit of this agreed value motorbike insurance policy is that you have the value of your vehicle agreed at the start of the policy, meaning if you have to make a claim there can be no doubt about the motorcycles worth.

A fully completed classic bike condition at the time of the insurance and four coloured photographs of your classic bike are requested at the time you apply to obtain an agreed value policy. Classic bike insurance policies are specifically created to give the owners peace of mind that their prized possession is covered for every eventuality.