Motorcycle insurance per kilometer: work and price

Motorcycle insurance represents a sizable annual budget. To reduce these costs, motorcyclists have the option to reduce their warranties. However, it is also possible to pay less without any guarantee concessions by choosing more restrictive formulas. This is a case of motorcycle per kilometer insurance, also called Pay As You Go.

This category of insurance is intended primarily for motorcyclists and scooters who rarely use their two wheels during the year. Indeed, motorcycle insurance per kilometer is an insurance formula that has many economic and financial benefits when you ride a motorcycle or scooter sporadically or periodically. The only restriction is to respect the maximum annual mileage.

What exactly and exactly is motorcycle insurance per kilometer? What are the different categories? In what circumstances is this insurance formula better than traditional insurance? In this article, you will learn everything you need to know about motorcycle per kilometer insurance.

What is kilometer (km) insurance?

According to a relatively recent concept of Anglo-Saxon origin, kilometer insurance is an insurance option that motorcyclists and motorists can subscribe to if they do not use their cars much during the year. In spite of everything, car insurers' kilometer insurance is much more developed than motorcycle insurance.

Let's get together the basics of what you need to know about this insurance formula, which continues to grow in popularity during this time of economic crisis.

Definition of kilometer insurance

Still known by the English abbreviation "Pay as you drive", that is, "Pay depending on what you drive", motorcycle insurance per kilometer is an insurance formula that is intended for the insured. pay based on distance traveled during the year or during the entire period of the insurance contract. Thus, the price is directly related to the number of kilometers covered by your motorcycle or scooter, and therefore the reduced price.

Recognized for its economic benefits, this insurance formula is primarily intended for motorcyclists and scooter drivers who do not use their two-wheelers constantly and continuously.

How motorcycle insurance works per km

Forbidden for motorcycles and mopeds with a volume of 50 cm3, insurance per kilometer can be issued for all other types of motorcycles, scooters and ATVs. But how does this somewhat special insurance formula work? The principle of this insurance formula is simple.

it works exactly the same as regular insurance, that is, it is done in accordance with the risks that the insured wants to cover. Thus, just like regular motorcycle insurance, motorcycle per kilometer insurance also includes third party (civil liability only), intermediate (with theft and fire guarantees) and all risk options.

In short, this is a formula, the peculiarity of which is found only in determination of the maximum distance to be covered (package mileage), or billing based on the number of kilometers traveled (pay as you go).

As a result, the motorcycle insurance contract per km provides for compliance with the mileage for the biker which will be controlled by the insurer. Therefore, the rider must be careful not to exceed the expected mileage in order to obtain a more attractive price.

Is it interesting to take out motorcycle insurance per km?

It is difficult to answer this question right away until all the related aspects have been properly analyzed and studied. Indeed, it would be a mistake to say, without taking into account all the contours of the issue, that motorcycle insurance is beneficial or not. We remind you that here are the basics of motorcycle insurance to be well insured.

Indeed, as already indicated in the definition, Mileage insurance is more recommended for people who do not over-ride motorcycles.. According to experts, bikers and scooters who travel less than 10.000 kilometers per year are those for whom this option will be suitable and beneficial.

In this category of people, we can include people who use their two-wheeled vehicles in an urban environment only so that commuting from home turns into work or to work home. Likewise, we find those motorcycle and scooter drivers who own several houses or residences in which they live, depending on the season, and therefore have to leave their cars in the winter for several weeks, even several months.

Therefore, insurance per kilometer is strongly discouraged for those who ride a motorcycle almost daily and all year round. Therefore, it would be inconvenient to recommend it to motorcycle deliveries, taxi scooters and other people doing professional activities thanks to their motorcycles.

This insurance per kilometer can be interesting if you need to lower your annual premium. Indeed, motorcycle insurance is very expensive. In order not to sell a car on such a budget, this formula is an interesting alternative. This is all the more important when the prices of insurers grow from year to year or after an accident with the consequences of a fine.

By choosing motorcycle insurance broken down by kilometers through the insurers comparator, you will get the best deals on the market depending on the warranties required.

Motorcycle Kilometer Insurance Formulas: Pay As You Go and Miles Package

In France, only a very small number of insurers offer motorcycle insurance per kilometer. So bikers still have very little choice. However, there are several options for insuring a motorcycle or scooter with this type of contract.

Insurance formula to save money when riding a small motorcycle,Mileage insurance is divided into two different categories of packages namely the mileage package and the Pay as you Drive package itself.

Everything You Need to Know About the Batch Kilometer Formula

A kilometer package is a per kilometer insurance option where the biker or scooter promises at the time of signing up for the formula not to exceed a certain distance during the year. Thus, during the subscription, the insurance company provides the insured with a discount, the amount of which is not negligible.

When he manages to exceed the promised mileage, the insured sees himself charge an additional fee of € 0,30 per kilometer... Therefore, bikers and scooters who like to get away from it all and ride a lot should avoid this insurance formula.

Everything you need to know about the pay as you go formula

As for the Pay-as-you-drive option, it pay for each kilometer traveled... For this, the insurer has a GPS meter installed on two wheels of a motorcycle or scooter, which is responsible for registering the various movements of the insured.

Thus, the latter will be sent an invoice at the end of the year or upon termination of the contract to which he signed up to benefit from this insurance coverage per kilometer. In this regard, it is important to emphasize that if the installation of the GPS device is the responsibility of the insurer, then the insured is responsible for the removal operation.

So in what cases is the cost of motorcycle insurance cheaper per kilometer?

The purpose of mileage insurance is to offer motorcyclists a lower annual premium than conventional insurance in exchange for significant restrictions. You should be aware that this kind of contract is not always profitable. So, in what cases is the cost of motorcycle insurance per kilometer cheaper than the cost of conventional insurance?

There are too many of these cases to be cited exhaustively in one article. Indeed, not all insurance companies have the same rates and do not set the same prices for all of their clients. Therefore, it is necessary to resort to price comparisons to provide accurate and detailed answers. You can, for example, use this motorcycle insurance comparator.

However, it can be remembered that bikers and scooters who sign up for a mileage package and who actually stay below the distance they promised not to exceed, these bikers and scooters can savings from 20% to 30% of the amount of regular insurance.

Likewise, as stated above, people who have signed up for the Pay as You Drive package and who drive less than 10000 XNUMX kilometers in a yearshould end the year with a profit.