A guide to Short-term Motorcycle Insurance

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Bike insurance
Image source: HDFC Ergo

Driving faster is always exciting, especially if you have a motorcycle. But here, the feelings can be ruined at any time by accident. No matter how careful you are when you are driving, an accident can happen at once.

Maybe you are too much cautious, but the other party is driving recklessly. This is what the motorcycle insurances come for. The insurance can help you financially while you need medical treatment due to accidents, but you don’t have money. 

However, insurance can be a short-term or long term. Here we will focus on short-term motorcycle insurance. So how to get it and what are the other benefits of it. Let’s know.

What is short-term motorcycle insurance?

Like many other drivers, bikers need insurance against all kinds of risks on the road. Professional bikers drive almost every day, but there have some bikers who don’t. Short-term motorcycle insurance is the best option for them.

If we want to define this, we can say that short-term motorcycle insurance is a flexible and profitable money-saving insurance solution for those bikers who don’t ride all year round. 

This insurance does not last long for 12 months or more. This will cover you for very little time as one day. But here one thing notable is their service is the same as the 12 months insurance policies. 

Types of short-term motorcycle insurance

There are different types of short-term motorcycle insurance you will consider when searching for one. The different types depend on you; how much time you need coverage or want to take. Here one notable thing is the cost of short-term motorcycle insurance is more than the mid-term or long-term motorcycle insurance. 

Here the reason can be the higher risk of the insurance company. If we want to say clearly, we have to say that you are buying a very short-term insurance policy for only one day. 

Obviously, there has a huge risk for which you want to buy it for even only one day. That is why the cost of this insurance is also high. Now let’s come to the point. Different types of short-term motorcycle insurance policies are as follows: 

Daily motorbike insurance

If you are renting a motorcycle for six hours or can say for just an evening to enjoy bike riding, this daily motorcycle insurance is for you. You may be afraid of an accident for not being a good driver when you want to rent a bike for you. 

Your fear can ruin all of your plans. At that time, temporary or short-time insurance will help you get the best experience of your plan. This insurance policy will turn all of your risks over the insurance company.

Weekly motorbike insurance 

If you want to go on a weekly trip, this insurance policy will help you a lot. This insurance will cover all of your risks regarding the bike you will rent for a week so that you can enjoy your weekly trip fully.

Monthly motorbike insurance

If you want to drive a motorbike for a whole month, you can buy this insurance policy. There have many reasons for being this insurance policy famous. Most importantly, many people want to learn how to ride a motorbike, and then they rent a bike for this. So, there is a considerable risk of an accident and being damaged. 

This insurance can help you at that time by covering all of your risks. At the same time many other reasons maybe, you have to drive a rented bike for a month. By purchasing this insurance will give you tension-free and, at the same time, fast learning.  

Seasonal motorbike insurance

In many developed countries like the USA, you will get a full season holiday in most regions. At that time, you can fully enjoy your driving for the whole season. In that case, you need to rent a bike for the entire season to enjoy. 

But there always have a risk of accidents as you are not a professional biker. In that case, you can buy this insurance policy for getting full enjoyment without having any risk of accidents. 

Motorbike storage insurance

After finishing the ride, you need to keep your bike in a place, maybe for a day, week, or month or for more time. In that case, there has a risk of theft of some other different types of damages. For reducing this type of risk, motorcycle storage insurance is the smartest option for you.  

These are mainly different types of short-term or temporary insurance policies. You can get more insurance policies from different insurance companies, but these are the necessary policies. You will get these insurance policies from almost every insurance company in the world. 

What is the cost of short-term motorcycle insurance? 

Then let’s talk about the cost of these insurance policies. Before, we have said that these insurance policies are more expensive than the general life insurance policies and many other policies like these. For your kind information, if you need a motorcycle accident lawyer, you may contact Tony Merchant. Here we have to say that this cost depends on different types of factors. These factors are as follows:

Your cover 

Your coverage is a significant factor in the case of the price of your insurance policy. If you want more coverage, indeed you have to spend more money. 

Your driving history 

If you have any bad driving history, it will increase the cost of your insurance policy. But if they find that you are a skilled driver, you will have to pay less.

Your age

Your age is a big factor when you want to buy an insurance policy. Young drivers are more involved than older drivers. A report says that in the USA, 30 percent of accidents are caused by 17-23 aged people. So, here you can easily say that if you are a younger one who wants to buy a short-term insurance policy.

Why would you need short-term motorcycle insurance?

Temporary motorcycle insurance can be beneficial in many circumstances. The circumstances are as follows:

For test driving

When you are test-driving a motorbike, there has a considerable chance of accidents. At that time, short-term motorcycle insurance can help you a lot to get a risk-free ride. 

For driving on holiday:

There have a lot of people in the USA who rent a motorcycle for their holiday. If you are one of them, this temporary or short-term motorcycle will help you a lot to enjoy your holiday. 

You don’t have any personal bike generally means you are not a much-skilled driver. So, you can get an accident anytime. At the same time, we all know that an accident is always an accident. You may not have any fault; then again, you can be affected. 

For driving a SORN-ed motorcycle:

There have a lot of bikes in the United States which has a Statutory Off-Road Notification. At that time, if you want to ride that bike, you should buy an insurance policy. A temporary or short-term motorbike is the best option there. 

For driving a courtesy motorbike:

If you have a courtesy or replacement motorcycle, you need an insurance policy, short-term motorcycle insurance. 

For riding someone else’s bike:

When you are riding someone else’s motorbike, temporary or short-time motorbike insurance is highly recommended for you. Maybe you are riding for a short time, faced a severe accident, so you will have to pay for all the cost of the damages. 

So, if you can buy a short-time insurance policy for you, all of the risks will be turned over to the insurance company. 

These are mainly the cases for which you can buy a short-term insurance policy. If you face any damages to your vehicle in that short time after buying the insurance, you don’t have to pay anything. Here the responsible party is the insurance company. 

But here, one notable thing is most of the companies want to give less compensation. However, if you feel that your insurance company is cheating on you, you can call an attorney. He knows all the tactics and strategies of an insurance company. An attorney can help you in your case in the best way. 

The Bottom Line

Short-term motorbike insurance is very useful when you need to cover your risks for a very short time. In that case, short-term motorcycle insurance means a lot to everyone. Maybe you are one of them who loves to ride, but you are afraid of the risk of accident, and we hope you have got your solutions after reading this article. If you have any further confusion, leave a comment below and let us solve your problem.