All these benefits aside, though, riding isn’t always a happy story. Statistics show that bike riders are around forty times more likely to suffer accidents. Bikes are also stolen more often than cars. And, many times, riders struggle to gain respect on the road.
None of these downsides negates the benefits, of course, but they do make insurance a must for anyone embarking on the two-wheel life. The trouble is that, often, bike repairs are so expensive that even insurance can struggle to cover the costs, leaving you with unwanted excess. That’s why many bikers are now finding that bike excess protection insurance policies like those offered by Goodbye Excess are also essential.
As the name suggests, policies like these add an extra layer of protection by paying excesses your traditional insurer won’t. This does, of course, mean spending more on your bike each month, but here are a few reasons why it’s worth your while.
More confidence on the road
Finding confidence on the road isn’t always easy for bike riders. Let’s face it; it’s a car eat bike world out there, and it can be pretty daunting. After enough car-based abuse, a bike rider may even decide to stop riding for fear of accidents. Excess cover will go a long way towards building confidence to see you riding every day. While the best insurance won’t stop an accident from happening, it can at least protect your bike from the worst.
A guarantee of getting back on the road fast
Your bike is your mode of transport. The chances are that you rely on it for everything from Sunday rides to work commutes. One of the worst things about not being able to pay repairs is the risk of being off-road for untold time. This can lead you to miss work or having to pay for taxis to and from, which can get pricey. Excess cover might cost a little more upfront, then, but it can see you affording all the repairs you need to get back on the road in half the time. And, that could save you vast amounts of money in the long-run.
Peace of mind
Lastly, having the safety net of excess insurance can provide peace of mind. Due to their compact size, bikes are far more liable to fall foul to thieves than cars. This can lead some riders to feel reluctant to head out if they know they have to leave their bikes unattended. And, that can lead to their riding as much as they like. But, with the knowledge of excess insurance providing much-needed peace of mind, nothing is stopping you from taking your bike with you wherever you go.