Motorbike Insurance Warranties

The sum insured in the Voluntary Public Liability cover will be that which is reflected in the particular conditions of your insurance policy, although insurers generally cover a sum insured of €50,000,000.

By means of this guarantee, the insurer will cover the indemnities to third parties, which exceed the compulsory insurance coverage established at each moment by the legal provisions.

By means of this coverage, the insurer guarantees the payment of the expenses incurred for the assistance and legal defence of the insured party in any judicial, administrative or extrajudicial procedure derived from a traffic accident in which the insured vehicle is involved. As well as the deposit of bonds, in criminal cases, payment of costs, etc... Also for the claim of damages to third parties in an amicable or judicial manner.
All expenses incurred shall be borne by the company, provided that it is the company that appoints the professionals in charge of carrying out the defence or claim procedures.

It should be emphasised that the insurer may give the insured person the option to freely designate these professionals, but always establishing an economic limit for these expenses. Some insurers impose limits that are perhaps excessively low in order to make this freedom of designation difficult, others, on the other hand, even allow the quantitative limits to be extended optionally.

Generally speaking, this limit is indicated in the General Conditions. Always bear it in mind.

They must also indicate the figures (policy holder, owner, driver, etc.) that will be considered as insured parties for this guarantee.

Finally, it is important to bear in mind that insurers are in many cases covering the defence of traffic offence penalties, consisting of legal guidance and even the preparation of statements of defence and administrative appeals against them.

The driver of the insured Motorcycle is at all times excluded in the Civil Liability insurance, for possible damages caused by injury or death. This makes it advisable to take out an additional guarantee, by means of an accident insurance policy incorporated in the motorbike insurance policy, so that in this way an insured capital is covered for death, another for total and partial permanent disability, and also medical-pharmaceutical assistance.
Some time ago, this guarantee, commonly known as "occupant insurance", covered both seats in the vehicle, as the compulsory insurance not only excluded the driver, but also the spouse, ascendants, descendants and those persons related up to the third degree of consanguinity or affinity.

However, currently only the driver is excluded, and consequently most insurers only cover the driver's seat, although they may optionally cover the occupant as well.

The sums insured for death and disability are usually variable, i.e. insurers often offer several contract options.

This guarantee is very broad and entails many benefits, both for the insured vehicle and for the people transported (free of charge), at the moment of suffering a breakdown or accident, and even for the insured "and only in some insurers", whether with or without a vehicle, that is to say that there are even policies with coverage to which you are entitled even if you are not travelling with your vehicle; did you know this detail?

To give an example, this would mean that if your spouse were to suffer an accident or illness abroad while travelling without your vehicle, he or she would also be entitled to certain benefits under this guarantee of your vehicle insurance.

First of all, therefore, it is essential to know 2 things about this.

The first is the "territorial scope" covered in your insurance. Generally speaking, this is usually Spain, Europe and countries bordering the Mediterranean for guarantees relating to the vehicle and the whole world for those relating to people.

The second is to know who is considered the insured person for each of the guaranteed benefits. For example, and also in a generic way, the natural person who is the policy holder, as well as his spouse, descendants or ascendants, as long as they live in the same domicile and are physically dependent on him, can be considered as insured.

All this information will be clearly reflected in the general conditions of your insurance.

It is important to bear in mind that insurers require that all these benefits be organised through themselves, by providing you with a contact telephone number that is accessible 24 hours a day, 365 days a year. This means that you may encounter serious difficulties in claiming reimbursement for expenses that you may have incurred yourself.

It is just as important, if not more so, to be aware of all the benefits to which you are entitled in order to be able to claim or demand their application at any given moment.

We insist on the fact that each policy has its own particularities and may differ from one insurance company to another, especially the quantitative limits of the benefits covered. Below we detail, without going into detail, some of the most common benefits that are usually included in this guarantee.

Vehicle Performance:

The main one is vehicle assistance in the event of breakdown, accident or theft, which in many cases can be extended to other causes such as lack of fuel or punctures.

Your policy could cover among others, with the conditions and limits that it has in each case, the repair in situ of the vehicle in the event of breakdown if this is possible, the towing of the vehicle to the garage designated by the insured (with certain limitations in terms of distance, which should be known), the rescue, extraction or salvage, assistance for loss or theft of keys, repatriation of the vehicle, sending of spare parts abroad, transport of the insured or the person designated by the insured to recover the vehicle once it has been repaired, sending of a driver if the insured or the rest of the passengers are unable to continue driving as a consequence of accident, illness or death...

Vehicle occupant benefits:

Depending on the different and possible causes that entail the need to make use of this guarantee, i.e., whether due to breakdown, accident, or even theft of the vehicle, the insured and the occupants of the vehicle may be entitled, with the conditions and limits specified in each case, to : Hotel and/or transfer expenses for the occupants, even so that they can continue their journey when the vehicle cannot be repaired on the same day, advances on bail and legal defence expenses abroad, repatriation or medical transport of the injured or sick, transport of a family member due to hospitalisation of the insured, reimbursement of medical expenses abroad, expenses resulting from the early return of the insured due to the death of a spouse or relative up to the first degree of consanguinity, dispatch of forgotten objects or essential documents, transmission of urgent messages, assistance in the event of lost luggage, etc....

Don't forget to find out if your policy covers personal benefits even when you travel without your vehicle, as not all insurers do.

This guarantee covers combustion or flaming, explosion and even lightning damage. Whether the damage is partial or total loss.
For the latter case, each insurer will specify in the general conditions, their valuation criteria for the vehicle, depending on the age of the vehicle, which can be "for example" 100% of the value as new for the first two years and 100% of the market value for the rest. Although there are many variations, some insurers even offer more than 100% of the value as new, others of course offer less.

When it comes to valuing a vehicle, in order to obtain its "market value", the insurance companies (appraisers) usually resort to the GANVAM (National Association of Motor Vehicle Dealers, Repairs and Spare Parts), which is a book where the value of each vehicle is listed according to make, model, year of manufacture, etc...

In Motorcycle insurance it is quite common for insurers to apply some type of excess in this guarantee. It is advisable to make sure of this.

The purpose of this guarantee is to compensate the insured person for the damage or loss of the vehicle in the event of its unlawful removal or attempted removal.
That is to say, the insurer will compensate you if your vehicle is stolen and it does not appear within the established period of time, which is usually approximately 30 days. If the vehicle appears before this period, the insurer will then proceed to compensate for the repair of the damages that the vehicle presents due to this theft.

It is possible that some insurers may apply some kind of excess on this guarantee, so please bear this in mind.

Also the valuation conditions in the event of a claim that each insurer specifies in their general conditions, i.e. the percentage of the vehicle's value that they will cover depending on how old it is. For example, they could compensate with 100% of the value as new for the first two years and then the rest of the years at 80% or 100% on its market value (there are many variations and possible combinations). Check them out.

This is undoubtedly the guarantee that offers the most peace of mind. By means of it, the insurers cover the damages that the insured vehicle may suffer.
However, it should be noted that there is a big difference between taking out an insurance policy with or without excess, and the price of the insurance can vary considerably depending on the type or amount of the excess applied, but you should also be aware of the exact consequences and ways in which the excess is applied.

Few insurers will offer you this guarantee, and those that do usually apply excesses.