Motorcycle Insurance
jargon explained
Motorcycle
Usually either a mechanically propelled 2 wheel vehicle
that may or may not have a sidecar attached, or a 3 wheeled
vehicle that has 2 wheels on one axle where the centre of
the points of contact of those wheels and the road are less
than 18 inches apart
Certificate of motorcycle insurance
A current document that proves you have the insurance required
by law under the Road Traffic Act to ride your motorcycle
on the public highway
The certificate shows who can ride your bike, what you can
use if for and whether you are permitted to ride other motorcycles
under the policy - read
more
Policy Schedule
The document sent to you which gives details of the cover
you have taken out under the policy.
Territorial Limits
The geographical limits of the motorcycle cover - usually
Great Britain, the Channel Islands and the Isle of Man.
You should check the extent of cover for Northern Ireland
as this may be limited to holiday cover only with a period
of time limitation - read more
Effective Date
The date upon which the policy come into force. shown on
the schedule as the commencement otf the period of cover
Endorsement
Changes in the terms of the policy applied directly to you
and shown on the policy schedule
Excess
The amount you will have to pay in the event of a claim
read more
Market Value
The value of the motorcycle as determined by the insurance
company as the cost of replacing your motorbike with one
of similar age and condition
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