Why Should I Get Motorcycle Insurance?
Compulsory Motorcycle Traffic Insurance is a type of insurance that the motor vehicle owner is obliged to obtain. Motorcycle insurance is an insurance that must be taken out in order to cover the damages of third parties in accidents where motor vehicles are at fault. When you take out motorbike insurance, you will gain significant advantages thanks to the guarantees and assurances provided by your insurance in the event of a possible accident. Compulsory Motorcycle Traffic Insurance covers all material and moral compensation that may occur in a fatal or injury accident (including pedestrians), as well as material damages to the other party's vehicle.
How long is the Compulsory Motorcycle Traffic Insurance Renewal Period?
All motor vehicles must have compulsory traffic insurance and the policy must be renewed when the policy expires. Since there is no predetermined date for the renewal period, you should renew your policy as soon as possible at the end of your policy. The duration of your policy is 1 year. You need to renew your policy when 1 year expires from the start date of your policy in order to avoid uninsured traffic and bad surprises in case of a possible accident.
How is Motorcycle Insurance Calculated?
You can get quotes from us and get the most suitable insurance for your budget at discounted prices. Motorbike insurance calculation method is based on the model, year, profile and province of your vehicle. By calculating all these data, you can buy the policy with the most suitable offer in traffic insurance.
What is the Penalty for Not Obtaining Motorcycle Traffic Insurance?
Compulsory traffic insurance, which covers the damages of the motor owner in traffic accidents, is not an optional insurance such as motor insurance. Compulsory Traffic Insurance must be taken out for every type of vehicle on the road. Motorcycles, like vehicles without traffic insurance, are banned from traffic and towed to the nearest car park if detected during traffic inspections. In order to get the motorcycle back, the owner of the vehicle first takes out the compulsory traffic insurance policy, and then pays the towing and car park costs and takes delivery of the vehicle. For vehicles without insurance, a fine is also imposed and a discount is applied if this fine is paid within 15 days.