Not all bikes are the same, nor are their riders, which is why our bike insurance isn't one-size-fits-all.
There are a variety of factors that influence your bike's insurance coverage, for instance, the type of bike you own and what you use your bike for. Maybe it's a Gomoto scooter that's your primary means of transportation. Perhaps it's a BMW Roadster that's used recreationally.
With bike insurance, finding the right fit is important because you don't want to be paying for comprehensive cover if you hardly use your bike. However, on that same note, you don't want to be under insured if you rely on your bike to get you from point A to B.
It is for this reason we offer three different bike insurance policies, with varying degrees of coverage and distinct benefits. Here's a breakdown of each of our policies to help you find the right fit for yourself and your bike:
1. Third party only
Third party cover is the most basic type of bike insurance cover. It covers the damage or injuries to a third party or third parties property.
2. Third party fire and theft
Third party fire and theft covers your liability for damages or injuries to a third party or third parties property, it covers damages to your bike caused through fire and it covers your bike should it be stolen or hi-jacked.
Comprehensive cover allows you to claim for accident damage to your bike, theft or hi-jack of your bike, as well as fire damage and third party damage.
Our bike insurance ensures that you aren't left in a worse off position following a loss. We insure your bike at its current retail value, a value obtained from the Auto Dealers Guide.
So, Regardless of whether your bike is a BMW Roadster or a Gomoto scooter, we've got the cover you need.
If you'd like to find out more about Compendium, or our bike insurance, visit our webpage at: www.cig.co.za , or contact one of our brokers on: 031 242 6800.