Insurance Coverage for Motorcycles, Motorbike Insurance Policies, Motorcycle Insurance Portugal, Portugal Bike Insurance

Over the past 4 years, 120,000 new motorcycles have been registered in Portugal. With the growing demand for motorcycles in Portugal – over 600,000 registered – motorcycle insurance is becoming essential. This leads to an active search for the best insurance to protect the property. Choosing coverage from basic to comprehensive, including self-damage and other additional options, makes the process personal. Differences in coverage affect the premium (an amount to be paid for a contract of insurance).

It is important to consider possible insurance denials. In such cases, clients have the right to request a waiver from each insurer. If three are rejected, ASF can be contacted to resolve and determine the insurer and premium.

The law only requires liability insurance for motorcycles on the road. However, many drivers choose policies with more protection, balancing cost and coverage.

What Does a Liability Policy Cover?

Next, consider motorcycle insurance and its civil liability coverage.
Compulsory insurance guarantees liability for damages caused to other persons. This includes property damage up to €1.22 million and bodily injury up to €6.07 million. If the damages exceed these amounts, they are covered by the person responsible for the accident.

There are also additional options for civil liability, where compensation can reach 50 million euros. In addition, insurers offer liability solutions with additional benefits such as travel assistance, legal protection and passenger protection.

What coverage is included in an all risk policy?

All-risk motorcycle insurance, includes a number of important options:

Roadside assistance: Provides assistance to the vehicle and passengers during the journey or after an accident, such as changing a tire or delivering fuel.
Protection and legal protection: Guarantees legal support in legal situations after road accidents or other offenses.
Medical benefits for residents: Compensation for medical expenses, incapacity, death and other damages for road accident participants.
Theft or Robbery: Compensation for losses due to theft or robbery of a motorcycle.
Fire, lightning, explosion: Guarantees compensation for damages caused by fire, lightning or explosion.
Natural phenomena and plane crashes: Compensation for losses due to natural elements, plane crashes and other accidents.
Impact, Collision or Rollover: Covers damage caused by impact, collision or rollover of the motorcycle.
Strikes, riots, civil disturbances, vandalism and acts of terrorism: Compensation for losses resulting from these situations.
Isolated glass breakage: Replacement or repair of glass after isolated breakage.
Helmet Damage: Guarantees compensation for helmet damage.

Moto Insurance Simulator: How does it work?

Motor insurance becomes an easy task with a simulator that offers a quick quote. The process consists of three steps:

Motorcycle description: Enter data such as registration number, make, model, year of registration, etc.
Policyholder: Filling in personal details including age, driving experience, address and other details.
Insurance: Selection of start date, type of insurance and coverage.

The results include the annual premium and potential costs. Several companies in Portugal, such as Allianz, Fidelidade Seguro Automóvel, Liberty Seguros, and others, offer the possibility of simulating motor insurance.

Approximate insurance prices depending on the volume of the engine and the validity period of the license:

Displacement	Up to 50cc	Up to 125cc	Up to 250cc	Up to 600cc	+ 600cc
10 years of charter	€5.75	€6.80	€7.00	€7.50	€9.40
5 years charter	€6.15	€7.30	€7.50	€8.10	€10.20

Price examples for drivers residing in Lisbon, over 30 years of age and without a record of accidents in the last 15 years.

Motorcycle Insurance Simulator: What Factors Affect Results?

When getting a motorcycle insurance simulation, important factors include the age and experience of the rider, accident history, type of motorcycle, address and area of circulation. By considering these aspects, you can access cheaper motorcycle insurance.

The International Motor Insurance Certificate, known as the Green Card, is used to prove motorcycle insurance. This document is valid in countries that have acceded to the Convention on Multilateral Guarantees, the previous certificate is also used together with the ATM receipt as proof of insurance.

Cheap Motorcycle Insurance: Should Deductibles Lower Your Premium?

When taking out motorcycle insurance, you may come across the term deductible, a term defined as the amount the policyholder bears in the event of an accident. In other words, when the coverage to which this deductible applies is activated, the responsibility to pay for any loss that may exist is not only the responsibility of the insurer, but also the insured.

A motorcycle insurance deductible can lower premiums, but increases the owner’s liability for a portion of the damages in the event of an accident. Choosing a deductible requires care, as it can affect costs in the event of an insurance claim.

Short conclusion

So, the importance of motorcycle insurance in Portugal becomes undeniable when looking at the growing demand for these two-wheeled vehicles. Choosing the optimal coverage becomes a task for many motorcyclists, given the variety of offers from insurance companies. Using an insurance simulator allows consumers to effectively compare the cost and terms of different policies.

It is important to carefully consider factors such as the deductible when choosing a policy, as they can affect both the cost of the premium and liability in the event of an accident.

In general, the right motorcycle insurance is an important component for the safety and protection of motorcyclists on Portuguese roads.

Motorcycle insurance in Portugal