What Is Multi-Bike Insurance?

​A daily commuter who’s using a motorcycle daily needs to have insurance. If you own multiple bikes and use them for work, travel, and leisure, multi-bike insurance is a convenient policy.  Many policies may include different types of bikes, ranging from classic, sports, and superbikes. In that case, what is multi-bike insurance, and what does it cover? 

About Multi-Bike Insurance
The insurance for multi-bike allows coverage for multiple motorcycles into one standard policy. In addition, a single rider can be covered while using multiple bikes. Although it’s not for multiple riders, you can make an individual registration for motorbike insurance policies. Not to mention, it's cheaper compared to purchasing individual insurances for each motorcycle.

What does Multi-Bike Insurance cover?
Like standard single bike insurance, the coverages are the same as the multi-bike. Here are the types;

1. Comprehensive
   The first is coverage for your bike in case it’s damaged. It can pay for replacement and repair costs. 
2. Third-Party; Fire and Theft
   The second is insurance for passengers and people or their properties. Also, it can be covered in case of theft and fire.
3. Third-Party Only
   Lastly, the coverage is for the damages you cause to others while riding your motorcycle. 
   
   You can also include other coverages like the legal cover, personal accident, helmet, leathers’ cover, and trackway cover. To do this, you can check with your standard insurance policy.

How many bikes can you insure?
Most insurance providers provide a cap for the number of motorcycles. For example, 5 bikes to the multi-bike policy. On the other hand, others may not limit how many motorcycles you can get. 

In Summary
The multi-bike policy will cover one to several bikes. It’s way cheaper this way instead of insuring each motorcycle with individual insurance. In addition, the coverage is the same as that of standard motorcycle insurance.

At Best Insurance Group, LLC, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (970) 674-5000. Get your free quote today by CLICKING HERE. Coverage discussed in this article is not guaranteed. Please contact our agency to go over your existing coverage. We are happy to help you make sure your needs are being met!