How to choose the best insurance for your motorcycle Mobility

It's not always easy to get insurance right. Many questions arise: what type of coverage do I need? Which company offers the best conditions? How much will it cost me?

OCU helps you in your search

OCU helps you by offering you a comparator that organizes insurance offers based on quality and price criteria, with which you can choose the one that suits you, taking into account the assessments made by our experts and the premium that best suits your specific case.

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Types of coverage

Mandatory motorcycle insurance: the minimum

In order for any motorcycle to circulate, it is necessary to have mandatory civil liability insurance, valid for Spain and all countries of the Multinational Guarantee Agreement; those of the European Union, Andorra, Iceland, Norway and Switzerland.

The scope of the coverage of this mandatory insurance is broad:

This basic motorcycle insurance coverage is not marketed on its own, but is included in third-party and all-risk insurance, as a legal minimum.

Third-party insurance

If your motorcycle is no longer very new or you can assume the risk of losing it, it is usual to take out third-party insurance coverage.

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A good third-party motorcycle insurance must include, in addition to the mandatory part, additional civil liability coverage, which covers the damage caused by your vehicle and extends the compensation up to 50 million euros. By offering greater protection than compulsory insurance, you may be interested to know what else you can get:

Full risk: covered no matter what

If the motorcycle is new, you may be interested in taking out comprehensive insurance that, in addition to the previous guarantees, includes own damage (including risks of fire and theft). With insurance like this, you would be covered in the event of vandalism of the vehicle, and for damages that occur without an identified person responsible or those that are produced involuntarily by oneself, for example, in a fall due to driver error.

The claims covered by this guarantee are the most frequent, which is why they tend to charge high premiums for this coverage: normally, it is not usually profitable to contract all risks if the motorcycle is more than 4 years old or if you can afford to buy a new one , since the cost of the insurance does not usually compensate against the price of a second-hand motorcycle similar to the one insured.

To cut premiums a bit, companies usually incorporate or offer the possibility of contracting a franchise: that is, if an accident occurs, the insured would bear part of the expenses, either a fixed amount, a percentage of the amount of the claim, or a combination of both. This possibility should be assessed if you are looking for comprehensive insurance.

Compare, the key to getting it right

Are you already clear about the type of coverage you want for your motorcycle? All you have to do is choose the policy, and that may be the key to success... and savings, because as our study reveals, the differences can be very high, up to 6 times more:

OCU recommends always comparing prices and coverage from at least three different companies, and always keeping in mind that more expensive is not necessarily better.

Find the best insurance for your motorcycle

We help you get it right and save: access our comparator to choose the best options for you and your vehicle:

Which is the best motorcycle insurance for you?

And if you want more advice, you can consult specific cases of contracting motorcycle insurance in the latest article published in our Dinero y Derechos magazine.

And if they don't insure me?

It is possible that due to certain conditions, the companies do not want to sell you insurance, either to third parties (although this is very rare) or to all risks .

The difficulties that young and novice drivers face when looking for insurance for their motorcycle are striking, since it sometimes happens that companies refuse to grant insurance, especially at all risks. And those who agree to insure their motorcycle do so at very high prices. In the case of a young and new driver, the cost of the policy is always very high. The cheapest option is usually the compulsory insurance offered by the motorcycle brand dealer, but with very limited coverage.

Remember that if you have been rejected in writing by two companies, you can contact the Insurance Compensation Consortium (tel. 902 222 665), which will be in charge of providing you with the minimum mandatory coverage.

Do you have problems with your insurance company?

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