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5 Common Myths about Motorcycle Insurance You Need to Know

motorcycle
While there are some who prefer to ride on two wheels than to drive a four-wheeled vehicle, there are also people who would rather let their body sway as they run a motorcycle.

If you are looking for both thrill and fun, riding a motorcycle is a great way to experience such. However, given that you're sharing the same road with other motor vehicles means not being safe at all. Which is why, if there’s car insurance, there is also an insurance that is meant for riders ─ motorcycle insurance.

This type of insurance provides protection in the incident wherein your two wheels get stolen, vandalized or damaged, and even helps in terms of medical expenses should you happen to fall off your motorcycle and hurt yourself or a third party.

In line with this kind of insurance policy are some of the common myths that you might have heard or used to believe in.

1. Motorcycle insurance is way too expensive

If the main reason that makes you feel hesitant about considering motorcycle insurance is the idea that it might cause you a lot, then you got it all wrong because it is actually not. As a matter of fact, by getting your motorcycle insured to one of the best insurance companies in Singapore you can be able to repair or replace your two-wheeled vehicle without letting a big amount of money out your pocket.

2. Motorcycle insurance is only for professional riders

Whether you are a common person who simply loves riding your motorcycle when going to the nearby shop or you’re a professional rider, motorcycle insurance is for you. Given that unlikely incidents and/or accidents can happen even with the most cautious rider, having your motorcycle insured is a great way to protect yourself as well as your vehicle against liability, damage, or loss. So either you use a motorcycle for a hobby or a way of life, motorcycle insurance is as important as having motor insurance for those who own a car.

3. Motorcycle insurance is not needed when you have auto insurance

Some might think that if they have auto insurance for their four wheels, getting a new vehicle, motorcycle for such, will also be covered. The truth is, most auto insurance policies exclude motorcycles. That is why if you want to protect your two-wheeled vehicle and the person who will use it, might as well apply for an auto policy which covers any vehicles and/or get a motorcycle policy to cover your big bike.

4. Motorcycle insurance only covers a motorcycle that is in use

Incidents concerning your two-wheeled vehicle can happen even while they are not in use or not. So the question here is whether it is covered by your motorcycle insurance even when a certain incident happens when you’re motorcycle is not in use? YES! Regardless of the fact that it is parked when someone tried to vandalize it or you’re riding it along with a certain place when you suddenly get involved in an accident, it is covered by the insurance.

5. If you lend your motorcycle to a friend, his insurance covers it

If you lend your big bike to either a friend or a family member, you are likely lending them your insurance policy too, given that motorcycle insurance follows the vehicle, not the person. This is why if the person who lends your vehicle, unfortunately, met an accident and make a claim, your rates might increase regardless of the fact that it was on loan.

Whether you’re in search of a bicycle, car, or motorbike insurance, Autoshield can be your guide. Just contact us through our customer care hotline 6385 0777 or by sending SMS to 8588 9191, 8686 9991, 8688 9991, 8588 9991, 8866 9991, 8868 9991, 8668 9991.
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