Nowadays, it is very common for motorcycle enthusiasts to be in possession of more than one motorcycle or scooter, and quite honestly - who can blame them?

Multi-bike policies have been designed especially for those with a fleet of bikes under their wing, looking to insure them all under one policy for the most reasonable price possible.

In this article, we will be running through everything regarding multi-bike insurance policy, as well as going through how it works, who it’s for, and the benefits of opting for a multi-bike policy.

So without further ado - let’s get into it, shall we?

What does multi-bike insurance cover?

With multi-bike insurance, you will have the option to choose whatever level of cover you see fit, whether that be third-party, third-party, fire and theft, or comprehensive, just as you would with a standard motorcycle insurance policy. The premium will then be determined by the highest-rated of the vehicles and any subsequent vehicles will be added on at a discounted rate.

Who is multi-bike insurance for?

Multi-bike insurance is perfect for riders with more than one motorcycle or scooter in their possession. You may have a bike for commuting and then a classic only ridden on special occasions, or you may own a maxi scooter and a cruiser that only sees the light of day at the weekends.

Whichever motorcycles or scooters you own, we understand the hassle of keeping track of when insurance is due for each bike. That is why we here at Lexham have created our multi-bike insurance scheme, allowing you to have everything in one place and under the same policy!

Can I add another bike to my insurance policy?

Yes, you can add a motorcycle to your policy, providing it fits the criteria written out by your insurer…

How many motorcycles can I add to one policy?

The number of bikes you will be allowed to have on one policy will vary between different providers and schemes, however, most business will try to be accommodated for.

Can I add scooters and mopeds?

Yes, you can add a scooter or moped to your multi-bike insurance policy. Again, this is entirely subject to the requirements of the insurance company at the time, so it is always worth checking and asking which bikes can be added.

Does multi-bike insurance cover electric bikes?

At the time of writing, we here at Lexham can add your electric motorcycle or moped to your multi-bike policy, as they are treated no differently than their combustion-engine counterparts.

What are the benefits of multi-bike cover?

One of the positives of a multi-bike policy is that it may be the cheaper option if you are looking to insure multiple bikes, helping to avoid paying for potentially higher premiums for each policy you have to take out for the bikes.

Another advantage is that you can use your same NCB (no claims benefits) for all of the bikes under your policy with multi-bike insurance. If you were to set up single motorcycle policies for two bikes, only one would be able to use your NCB and the other would be covered as if you are a new rider.

Is multi-bike insurance worth it?

Multi-bike insurance policies are a great way to keep your bikes all under one policy…

Can multi-bike cover save money?

As we mentioned above, starting a multi-bike insurance policy can potentially save you some money in comparison to opting for a standard policy for each bike.

For more ways on how to save yourself money on your insurance policy make sure to check out our full in-depth guide!

How is multi-bike insurance calculated?

No multi-bike insurance policy is the same, which means calculating the price of each can be tricky, however, if you give us a call on 01379 646 529 and one of our specialist call centre staff will be on hand to help you get a quote suitable for both you and your bikes!

Does my no-claims bonus work with a multi-bike policy?

The answer is yes, your NCB does work with a multi-bike policy. Any NCB you have previously earned will be applied to the calculation of the multi-bike insurance. However, NCB is earned per policy rather than per vehicle, so if you have three bikes on one policy, you will only earn a single additional year of NCB at the end of the year.

Choosing the right coverage

So there you have it, I hope you enjoyed our full guide to multi-bike insurance.

If you are looking for insurance for your bikes, we here at Lexham can help you find a suitable level of coverage for you and your motorcycle needs. You can either give us a call on 01379 646 529 or fill out a quotation form online.