Motorcycle Insurance: A Beginner’s Guide

Are you a motorbike rider instead of a car driver? Sure, riding a motorcycle or scooter makes it easier to get around in most major cities. Even so, you need to make sure that you are insured.

Motorcycle insurance in Singapore like is required when you want to ride your motorcycle legally. Most insurance companies do offer scooter and motorcycle insurance. As always, it is very important that you shop around when you want the best deal. Not only that, but you also need to be familiar with the laws covering motorcycles in Singapore. It is easy to assume that speed limits do not apply to motorcycles. That is not true. Motorcyclists in Singapore need to keep to the same speed limits as cars. Even when you overtake on a motorcycle, you need to make sure that you stick to the speed limit.

Can I Ride My Motorcycle Without A Helmet In Singapore?

The answer to that question is no. Neither the driver or the pillion passenger is allowed to ride a motorcycle in Singapore without a helmet. The fine is at least $100 and you will also get demerit points. Children under a certain age are not allowed to ride on motorcycles in Singapore. The terms and conditions of your motorcycle insurance Singapore may change if you do not follow the law.

Can I Ride A Fast Motorcycle In Singapore?

Almost all motorcycle manufacturers are represented in Singapore. But, just because it says Ducati on the tank, it does not mean you have a license to race. When you want to make the most out of your motorcycle’s performance, you can attend special track days. Before you go ahead and do so, you should always check that your motorcycle insurance covers you.

If you have just recently passed your test, you may not be covered for track days or motorcycle events in Singapore. Insurance companies sometimes put together special days where you can learn more about motorcycle riding. Another option is to sign up for advanced motorcycle training courses. It is a great way to learn more about the safety aspects of handling a vehicle at speed.

Do I Get Discounts If I Have More Than One Policy?

Not all of us may own more than one car. But, motorcycle enthusiasts often find themselves owning more than one motorcycle. Collecting classic motorcycles is quickly becoming a popular way to invest your money in Singapore and other places around the world.

On occasion, you will find that motorcycle insurance for classic motorcycles works slightly differently. If you have not checked out the classic motorcycle market, you may be surprised at the value of some classic motorcycles.

Vintage and classic motorbikes are often insured on a different basis. It is called agreed value and may include a proof of value to be recognised. Most insurance companies are happy to offer deals on their insurance policies when you have more than one motorcycle insured with them. Do all insurance companies offer cover for classic or vintage motorcycles? Not all do. It is best to check to make sure that your company can help you.

Should I Shop Around For Motorcycle Insurance Singapore?

As with all other insurances, it is important that you shop around for the best price and terms and conditions. The price is always the bottom line for most motorcyclists. However, the type of cover that you get matters. Before you agree to any insurance contract, check the terms and conditions. When you like the sound of a policy, ask for the details to be emailed to you. Doing so will give a chance to read through them in your own time.

Riding a motorcycle or large scooter to work is now more popular than ever before. Be aware that it is a totally different experience from driving a car. Of course, a motorcycle is easier to park, but not a practical option when you have a family. If you still want to hang on to the “freedom of the road” when you get married, there is no reason why you should not hang on to your motorcycle.

The same company that you insure your family car with in Singapore, may be able to help you to find the right motorcycle insurance in Singapore.

About Carson Derrow

My name is Carson Derrow I'm an entrepreneur, professional blogger, and marketer from Arkansas. I've been writing for startups and small businesses since 2012. I share the latest business news, tools, resources, and marketing tips to help startups and small businesses to grow their business.