Protection from the hidden cost of bike insurance

Bike-excess is a new low-cost scheme for motorcyclists who want to protect themselves from high excess charges in the event of a claim. Typically, insurance premiums are cheaper when they include higher excess charges (the amount the policy holder has to contribute in the event of a claim). Industry statistics show that last year the average excess amount on a motorcycle policy was £460. Research by AXA insurance in 2012 revealed that one in three motorists didn't have enough money in the bank to pay the excess that they had agreed on their motor insurance.

Bike-excess provides excess protection cover specifically tailored for motorcyclists in simple and affordable packages. Prices start at £29.95 to cover an excess of £250 for a year; £500-worth of cover costs £39.95 and if more is required, Bike-excess offers cover up to £2000.

"Bike Insurance is all about protecting you and your bike, but if you, like most riders, have a large excess on your policy, your wallet won’t get much protection if you have to make a claim" says Bike-excess.com marketing director Ian Burgess. "Some riders will find that it is actually cheaper to accept a much higher excess on their policy and insure the excess. It could cost less than a tank of petrol."

Excess protection cover is available regardless of which insurer covers the bike and can start anytime during the machine's insurance year. There are no age restrictions, which is particularly useful for younger riders.

For more information and prices visit www.bike-excess.com.