Motorbike insure cheaper entry car insurance

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Motorbike insure cheaper entry car insurance
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Motorbike insure cheaper entry car insurance

Inexpensive entry into car insurance
Insure a motorcycle, but do not ride it

The longer a driver is on the road without damage, the higher the no-claims class. It saves money. How new drivers can get started with a relatively cheap insurance tariff and what needs to be considered.

Dina Dervisevic

02/07/2019

Accident-free driving is rewarded by the motor vehicle insurance. The safest way to drive without an accident is: not to drive at all. Which is why some resourceful parents register an inexpensive motorcycle with a displacement of 80 cc or more, in order to enable their youngsters to take out car insurance at a cheaper rate.

How exactly does it work? Take a motorized two-wheeler, trike or quad that has a displacement of at least 80 cm³ and can be approved. It is best to avoid the 125cc displacement class, because they are usually more expensive in insurance, as it is popular with young motorcycle beginners. Something more mature with around 200, 250 cm³ cubic capacity and as little power as possible can bring a contribution rate of just 20 euros per year. This is a cheap way to buy damage-free years.

Motorbike insure cheaper entry car insurance

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The policyholder does not have to be the holder

And how does the driver license holder get the resulting no-claims discount? This possibility arises from the fact that the policyholder does not automatically have to be the owner of the vehicle. With regard to a later transfer, however, the policyholder should be related to the driver license holder, who should later benefit from the percentages (see below). One of these people registers the vehicle with the vehicle insurance company. Every year in which the vehicle remains damage-free, it rises one level higher in the no-claims class (SF) and the contract continues with a higher no-claims discount.

In principle, vehicles from other owners can also be insured on this contract – the policyholder and vehicle owner must of course agree on this, because the invoice is first sent to the policyholder.

When is the no-claims discount transferable?

In principle, it is also possible for the vehicle owner to take over the contract or the no-claims discount. But the transfer of SF classes is not unconditional. It is almost always possible to transfer the SF class to one’s own children, spouse or parents. However, many insurance companies also allow it for the significant other, non-biological children or grandchildren.

Often, but not always, the insurance also requires that the recipient of the no-claims bonus has regularly driven the car whose no-claims bonus is to be transferred. Some companies also require the recipient to be registered as the main driver. So if you take out insurance with the aim of later transferring the SF discount, you should ask the provider how he will handle this before signing the contract.

But beware: Only as many claim-free years can be transferred as the recipient has his driver’s license.

Seasonal license plates: The insurance premium is even lower with a seasonal license plate, but the vehicle must have been insured for at least 180 days, six months or over six months – depending on the insurance company – in order to count claims-free years.

Backdating: If a vehicle is only registered in August or later, the policyholder does not enter the next higher SF class by January next, as the insurance contract must have existed for at least six months. It is often worthwhile to backdate the contract to July 1st or earlier – depending on the insurance company.

Tax: There are no taxes for a motorcycle with a displacement of 125 cc or less – unless the vehicle has an output of more than 11kW (15 HP). Then the normal motorcycle tax would also be due for a light motorcycle between 50 and 125 cm³: for every 25 cm³ or part thereof, this is 1.84 euros vehicle tax per year.

Claims-free years: these are normal calendar years, i.e. a period of 12 months. The no-claims class is based on the no-claims years. Example: Anyone who has not reported any damage for two years – and started at SF 4 – is upgraded to no-claims class 6 (SF 6). The higher the SF, the lower the contribution rate can be. Can, but doesn’t have to. At least not right away. This is because several SF classes can also share a contribution rate.

Insurance contribution: The amount is based on the contribution classes for liability and comprehensive insurance. And every insurance company calculates differently. The discount scales also differ within an insurance company. With wgv, for example, the lowest contribution rate of 30 percent is achieved with a motorcycle after seven damage-free years (SF 7), with a car it is 22 damage-free years (SF 22). The percentage of the lowest contribution rate is also decided by each insurance company for itself.

Different contribution rates: Insurance companies include motorcycles and cars in the same vehicle group – the claims history can therefore be transferred – but that does not mean that the same contribution rates apply. For motorcycles, the contribution rates are often a little higher in liability insurance, but lower in comprehensive insurance. So if the junior takes over the SF 4, for example, which means 39 percent contribution rate for liability for motorcycles and 44 percent for fully comprehensive insurance, this can mean 52 percent contribution rate for SF 4 for cars and 45 percent for fully comprehensive insurance.

Second car: If a vehicle is to be registered as a second vehicle for a driver license holder, it is essential to ensure that it is not excluded by an applicable minimum age limit. If the offspring would like to have the loss experience transferred to themselves later, only the SF of the second car can of course be transferred.

Moped or moped: There are individual insurance companies that grant a discount if the driver license holder can prove that he has been driving a moped or moped for at least twelve months without any damage. There is often a fixed period between the expired moped contract and the new car insurance, which must not be exceeded.

Incidentally, it also works the other way round: When it comes to car insurance, there is often a senior surcharge from the age of 65. This can be avoided by having the vehicle insured by someone younger.

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