Multi Bike Insurance

What multi bike insurance?

Multi-bike insurance is a type of motorcycle insurance that covers multiple motorbikes owned by the same person under a single policy.

Instead of taking out separate insurance policies for each bike, it's possible to cover them all with a single policy from one insurance provider.

Multi bike policies can be cheaper, because you can only ride on bike at a time. Because there's only a single renewal date and premium to pay, you could save a significant amount of time and hassle - especially if you have a lot of bikes!

A multi-bike policy is a simpler way to ensure all your bikes remain continuously insured. Remember: unless a bike is declared SORN, it must be insured at all times - even if not in use.

What bikes can be insured together?

Most insurers recognise that owners of multiple motorbikes often mix and match different genres or styles of bike - so there aren't usually any restrictions on the kinds of bike that can be insured together. Whether you have a supermoto, tourer and superbike - or a maxi-scooter, adventure bike and super naked, then you should be able to cover them all under one multi bike policy.

Classics and modern bikes can also be covered under one policy. However if you need policy features that are particular to classic motorcycle insurance such as agreed values or salvage retention rights, this isn't something that's always available with multi policies. If you want to combine classic and modern bikes together but need the extra features, always check with your provider.

Because you can only ride any one bike in your collection at a time, multi-bike policies can be a cheaper way to get cover for multiple motorcycles.

Are there any multi bike insurance comparison sites?

Few platforms compare multi bike insurance online, and those that do typically limit quotes to brands under the same parent company or rely on a very small panel of brokers.

Comparing multi bike insurance is complex due to the intricate risk assessments involved, which limits the options available on comparison sites.

For this reason, it's often best to contact several insurers directly. Many brokers now offer the ability to get a quote yourself using their online forms, while others are still reliant on making a telephone call.

How does a multi bike insurance policy work?

Multibike insurance providers will calculate your premium based on a lead, or main bike that you want to be insured. This is usually the bike that would cost the most to insure on an individual basis. From this, the broker adds further bikes onto the policy, with an additional (but typically discounted) premium for each motorbike you add.

For example, if you had a new Ducati Multistrada, a Yamaha MT-07, an old VFR400 and an RD350, then the Multistrada would probably be the lead bike. This would form the base price of the multi-bike policy, with the other bikes being added at additional cost.

What does a multi bike insurance policy cover?

Multi-bike insurance is available to cover the bikes in your collection on the following basis:

Third Party Only

Is the minimum level of cover available on a multi-bike policy. TPO will provide you with liability insurance (damage you might cause to other people or property while riding your bike), but won’t give you any protection if your bike is damaged or stolen. If you’re hit by a third party and you aren’t at fault, you can still make a claim on their insurance.

Third Party, Fire & Theft

Bikes insured on a TPFT basis on a multi bike policy have the same liability cover as TPO, but cover for fire and theft is added. If you’re out riding the lead bike on your multi policy and another bike in your collection is stolen, you’ll be able to make a claim if the stolen bike has this level of cover.

Fully Comprehensive

The maximum level of bike insurance available. Bikes insured fully comp on a multi bike policy include everything that’s included under TPFT, but also with cover for repair or replacement if the bike is damaged or written off and it’s your fault.

Note: some multi-bike providers may agree to change the level of insurance for each bike, whereas others will insist on a single level of cover for all bikes on the policy.

When you compare multi-bike quotes, it's only currently possible to choose one level of cover. You may be able to change this with the broker (if available) when you buy.

What additional extras are available on a multi bike policy?

Multi bike policies usually have policy options and extras which you can add on. These options can include:

Legal cover

If you’re involved in a motorbike accident that’s not your fault and leads to a legal claim, you can get help in claiming back uninsured losses and legal costs.

Helmet & leathers cover

Bike kit can be very expensive. If you damage your gear in an accident, you can get help with covering the costs of replacement.

Breakdown cover

If you don’t already have personal cover on a separate breakdown policy, you might not be covered if one of your bikes breaks down. Check what breakdown cover you already have in place. If you don’t have any in place, you could add it to your multi-bike insurance policy.

Keycare

If you have multiple bikes, you’ll also have multiple keys! Keycare cover can help with replacement expenses, locksmiths, plus hire and transport costs if you’re in a lost-key scenario.

Personal accident cover

Helps to cover costs for medical or hospital treatment in the event of a motorbike accident.

Are multi bike policies cheaper?

Multi motorcycle policies can work out cheaper than several stand-alone policies, because you can only ride one bike at a time.

Multi policies usually cover more than one bike all owned and ridden by a single rider. Because there's just one rider on the policy, only one of the bikes has to be covered by the "on the road risk" at any given time. Other bikes covered by the multi policy are insured against fire and theft when not in use (unless you opt for third party only on some bikes).

When combined with a single administration fee and the potential for discounting additional bikes, the overall cost of a multi bike policy can work out cheaper.

What affects the price of a multibike policy?

The cost of a multi-bike policy (as with any motorbike insurance) will depend on your individual circumstances, and the bikes you need to insure.

The price is based on multiple risk factors, which include:

Personal Circumstances

Your age, riding history, where you live, your occupation and other relevant risk factors.

The bikes in your collection

The more bikes you have to insure, the more your multi bike insurance is likely to cost. The base premium is calculated from the highest risk motorbike, with the cost of adding additional bikes varying according to the risk profile of each machine.

The higher the value of your total collection, and the more bikes you add, the higher your multi bike policy is likely to be.

Multi-bike policies don't always work out cheaper, and separate policies may work out better for some riders.

Once you have received your multi bike insurance quotes, it's worth checking how much it would cost to insure each bike individually.

You can do this by comparing individual quotes via Biker Insure:

Is multi-bike insurance worth it?

Multi-bike insurance is a more streamlined and simple way of buying insurance. You’ll have just one renewal date and payment to think about, and only one set of documents.

If you have more than one bike, it can be easy to get confused by all the paperwork involved - especially if you have lots of motorbikes.

If you need to make a claim, then dealing with just one policy and a single insurer could be less stressful and confusing should more than one of your bikes be stolen or damaged.

It’s also reassuring to know that your No Claims Discount is applied to a single policy which covers all your bikes (via the lead bike to which the NCB is applied). If you were to insure all your motorcycles separately, you can usually only apply your NCD to just one bike.

How you could get cheaper multi bike insurance

• Don’t overestimate the annual mileage you’re likely to put on each machine.
• Securely store your collection in a locked garage, and don’t forget to secure each bike with additional security measures such as chains, ground anchors and disc locks
• Get some extra training. Some bike insurers may offer extra discounts to riders who have taken an approved training course such as those available from the BMF, the IAM, Bikesafe, or the DVSA enhanced rider scheme.

Classic multi-bike insurance

Classic motorcycle enthusiasts often hold multiple vintage machines in their collection, which can frequently be combined with modern bikes under a single multi bike policy.

If you need an agreed value policy, you will typically need to speak with a broker directly before securing your cover.

Regardless of your setup, always review your policy documents carefully to ensure you understand your exact coverage levels and how each classic bike in your collection will be valued during a claim.

Multi-bike insurance FAQ