Classic Motorcycle Insurance

Vehicles

For which vehicles is this insurance intended?

The product is intended for collectible motorbikes and scooters, for Cafe Racers and for custom engines that are at least 15 years old. We do not provide solutions for mopeds that are registered under an S-plate. The company reserves the right to refuse any vehicle that does not fall within the acceptance criteria.

What is the insured value?

The insured value, is the value that was recorded by mutual agreement between the insurer and the business, or the Gexa expertise agency. (www.gexa.be)

What formulas are offered?

  • Static Risk:
    Fire, theft, vandalism with burglary in the garage, forces of nature and water damage. The cover is only valid in the garage at the address stated in the policy. This solution is for non-registered vehicles.
  • Partial Omnium:
    Fire, theft, vandalism with burglary in the garage, forces of nature, water damage, broken glass and collisions with animals.
  • Full Omnium:
    Material damage with a maximum of 3,000 km per year, fire, theft, vandalism, forces of nature, water damage, broken glass and collisions with animals. Participation in tourist or regular races with an average speed of less than 50 km/per hour.

What depreciation is applied in the context of this cover?

In the event of total loss or theft, no depreciation will apply during the first 24 months following the date of the valuation of the insured vehicle.

Who is this cover for?

This cover is offered to drivers between 30 and 70 years old.

What additional options can be included with the all risks covered insurance (only for vehicule registered in Belgium)?

  • Civil Liability (Subject to Acceptance by the Business)
  • Legal counsel
  • Assistance with replacement truck
  • Assistance without replacement truck
  • Accident cover for the driver
    • Death: €5,000
    • Total Permanent Invalidity: €15,000
    • Medical costs: €1,500 (exemption: €50)

What excess is applied to this cover?

  • Material damage and vandalism:
    5% of the insured value, with a minimum of 250 and a maximum of 1,000 
  • To insure otherwise:
    No excess

What precautions should be taken against theft?

Depending on the model, we require a mechanical lock. At the address of the insured, the motorcycle must be parked in an enclosed area during the night between 10:00 pm and 07:00 am.

 

 

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