How your Insurance is calculated

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If motorcycling is one of your passions and your bike is your pride and joy, it stands to reason that you obtain a level of Motorbike Insurance to cover you for every eventuality.

The current economic climate and higher fuel prices have resulted in more expensive running costs for your motorcycle, but insurance shouldn’t be seen as an area for cost saving. If you don’t have an adequate level of insurance cover for your bike, you could find yourself out of pocket – and off the road – in the event of an accident or theft.

There’s no reason why you can’t have the best of both worlds – the right level of cover at the lowest possible price. As a motorcycle insurance specialist, we call upon the services of a panel of eight insurers to source you the most cost-effective quote, which is tailored specifically to your exact needs.

Personal history 

All motorcycle insurance companies take your personal circumstances into account when calculating a motorcycle quote for you and it’s important that you’re honest when talking to our advisors or completing our online quote application, as discrepancies may affect any claim you make in the future.

Your age and occupation can affect the level of premium you pay – under 25s are usually regarded as higher risk riders, and motorcyclists with  certain occupations may have to pay a higher premium. Where you live may also affect the price of your policy, for example, inner cities with a greater volume of traffic could increase the risk of an accident and are therefore considered higher risk than quiet rural suburbs.  Also if you’ve ever taken an advanced riding course, we may be able to secure you a discount.

Make sure you also tell us about any previous claims you may have made on your insurance (usually during the past five years) and if you have any outstanding motoring (or other) convictions.

Your bike 

While your personal history matters, the motorcycle you ride is the most important when we calculate your bike insurance quote

The make and model of the motorcycle you ride will be considered when evaluating your application. For example, a bike with a powerful engine will command a higher premium than a 50cc scooter. These so-called Superbikes can achieve high speeds on the road and therefore have an increased potential of being involved in an accident. You’ll also need to declare any modifications to your motorcycle as non-standard upgrades may affect your premium. Please click on the link for our helpful checklist on modifications.

The value of your motorcycle will also be considered during your quote application, as this has a direct effect on the cost of repairing or replacing your bike in the event of an accident – a cheaper motorcycle could result in a cheaper insurance policy. 

Other factors

A number of other factors can affect the cost of your motorcycle insurance premium – you can lower your insurance quote by increasing the level of security on your bike. Make sure it has an alarm fitted and that it is kept in a secure garage or lock-up when it is not being used. In addition, the use of high quality immobilisers and bike locks could get you a reduction on your premium.

Also try to be as accurate as possible when estimating your annual mileage – higher mileages may increase the likelihood of an accident. If you want to lower your insurance premium, you could try lowering your mileage by reducing the amount of two-wheel commuting you do, for example.

If you want to add another person onto your motorcycle insurance policy (a named driver) you’ll also need to be aware that younger, or higher risk riders, will cause the premium to increase. Learner riders will also increase the overall cost of your policy. 


As well as providing our best possible motorcycle insurance quotes, our experienced team can help to advise you on the steps you can take to help reduce your annual premium. We also provide a number of other helpful reference guides online.

At Bennetts, we do all the legwork for you so when your annual motorcycle insurance policy renewal comes through  we enlist eight insurers to ensure that we’re offering the best possible price on your premium. This means that you no longer have to shop around or spend hours on the phone to other insurance companies. We take care of it all for you.

If you would like to speak to an advisor about your bike insurance renewal, please call 0330 018 1260.

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