For many motorcyclists classic bikes are more than just a way to get from A to B – they’re a passion, a hobby and in many cases a long-term investment. From iconic British bikes to timeless Japanese classics and rare European gems owning a classic bike is a source of pride. But just like these bikes hold value they also need special protection to ensure they’re looked after for years to come. That’s where the right insurance comes in. Whether you want to protect your beauty from damage, theft or the unexpected, having the right policy is key to maintaining your bike’s value and its legacy. In this guide, we’ll walk you through everything you need to know to find the best classic motorcycle insurance in the UK so your pride and joy are properly covered no matter where the road takes you.
What is Classic Motorcycle Insurance?
Classic motorcycle insurance is a type of insurance designed for vintage, rare or collectable bikes. Unlike regular motorcycle insurance which covers modern bikes used for daily riding, classic motorcycle insurance takes into account the needs of older bikes. These bikes are not used daily and may hold historical or financial value due to their age or rarity. Classic insurance policies usually offer agreed value cover where the bike’s value is set upfront and limited mileage discounts for bikes that are not used as much.
Regular motorcycle insurance on the other hand covers modern bikes and standard protection for everyday riders. It doesn’t take into account the specific needs of classic motorcycles such as custom parts, restoration cover or the higher cost of repairs. Classic motorcycle insurance ensures these unique bikes are properly covered, reflecting their value and needs.
Classic Motorcycle Insurance Overview
Classic motorcycle insurance is for vintage, rare or collectable motorcycles. It differs from standard motorcycle insurance in several ways, mainly because it covers the specific needs of classic bike owners. Regular motorcycle insurance covers a broad range of modern motorcycles, classic motorcycle insurance acknowledges that older bikes need special care, unique valuations and cover that reflects their age, condition and value.
Classic bikes can be worth more than their modern counterparts if they’re rare, well looked after or a collector’s item. That’s why classic motorcycle insurance policies often have features that regular policies don’t, such as agreed value cover, limited mileage discounts and specialist claims handling.
Why Classic Motorcycle Insurance is different to Regular Motorcycle Insurance?
Classic motorcycles need special protection because of their age, rarity and value. Here’s why classic motorcycle insurance is different:
Agreed Value: Many classic bike insurance policies offer an “agreed value” option, where the insurer and policyholder agree on the value of the bike beforehand.
No Depreciation: Unlike standard motorcycles, classic bikes may increase in value over time, so the value needs to be taken into account in the policy.
Additional Cover: Classic bike insurance covers things like rare parts, show events and theft.
Do I Qualify for Classic Motorcycle Insurance?
One of the first things you’ll wonder is does my motorcycle qualifies for classic motorcycle insurance. The general rule in the UK is that a motorcycle must be at least 20 years old to qualify, but this may vary between insurers.
What makes a Motorcycle a “Classic” in the UK?
20 Years or Older: Typically a motorcycle must be 20 years or older.
Make and Model: Some models may qualify earlier due to their rarity or cult status. For example, a 1995 Kawasaki Ninja ZX-7R may be considered a classic due to its historical value.
Classic Motorcycle Insurance Features
When choosing the best classic motorcycle insurance in the UK make sure the policy has features that cater for the special needs of vintage motorcycles:
Look For:
Agreed Value: locks in the value of the bike.
Multi Bike Insurance: insure your classic and modern bikes in one policy.
Salvage Retention: allows you to keep the bike if it’s written off.
Show/Event Cover: covers the bike when you take it to shows.
24/7 Claims Line: so you can claim whenever.
What Cover Do You Need for Your Classic Motorcycle?
Choosing the right type of cover is key when choosing classic motorcycle insurance. Below are the most common types of cover:
- Third-Party Only: covers damage to third parties but not your bike.
- Comprehensive Cover: covers your bike for accidents, theft and damage.
What Does Classic Motorcycle Insurance Cover?
- Accident Damage: covers damage to the bike.
- Theft and Vandalism: covers theft or vandalism.
- Fire Damage: covers loss due to fire.
- Parts and Accessories: for rare or vintage bikes.
Additional Options:
- Breakdown cover
- Personal injury protection
- Legal expenses insurance
Classic Motorcycle Insurance Costs
Classic motorcycle insurance costs in the UK vary depending on the age, value and condition of the bike. Classic Motorcycle Insurance UK is generally cheaper as the bike is used less and has fewer accidents.
What Affects Your Premium:
- Age and Value: older, rarer bikes cost more to insure.
- Type of Cover: comprehensive policies are more expensive than third-party only.
- Location: higher rates in areas with high theft or accident rates.
- Riding Experience: more experienced riders get lower premiums.
Is Classic Motorcycle Insurance Cheaper Than Regular Insurance?
In most cases, classic motorcycle insurance is cheaper than standard insurance as classic bikes are used less and their owners have a safer riding history.
Classic Motorcycle Insurance Provider Companies in the UK
1. Peter James Classic Motorcycle Insurance
Peter James Insurance is one of the biggest names in classic motorcycle insurance. They offer policies for classic and vintage motorcycles and great options for older bikes.
Features:
- Agreed Value Policies: Peter James does agreed value insurance so in the event of a claim the insured value of your motorcycle is pre-agreed and will be paid out in full. A big plus for owners of rare or valuable bikes as you won’t get underpaid in the event of a loss.
- Roadside Assistance: A lifesaver for riders who break down on the road, gives you peace of mind wherever you are.
- Limited Mileage Discounts: If you don’t use your classic bike as a daily rider Peter James does mileage-based discounts, great for collectors or weekend riders.
Pros:
- Customised Coverage: Peter James knows the needs of classic motorcycle owners and offers policies to match.
- Club Member Discounts: If you’re a member of a recognised classic motorcycle club Peter James can offer additional discounts which will reduce your premium even further.
- Specialist Claims Handling: Since they specialise in classic bikes Peter James’ claims process is more sympathetic and geared towards classic bike owners.
Cons:
- Vehicle Inspection: For their agreed value policies a vehicle inspection is required to determine the value of the bike. While this ensures the bike is properly valued it can be a pain for some owners.
- Modern Classics Limited: While Peter James is great for older bikes they may not be as competitive for modern classics or newer bikes.
2. Bikesure Classic Motorcycle Insurance
Bikesure is one of the biggest and most versatile motorcycle insurance providers in the UK. They offer a wide range of options so great for those who need flexibility in their policy.
Features:
- Customisable Policies: Bikesure offers a wide range of options so you can tailor your policy to your needs, whether that’s a fully comprehensive or basic third party.
- Roadside Assistance & Legal Protection: Like Peter James Bikesure include roadside assistance which is a great feature for long-distance riders. Their legal protection add-ons are also popular with riders who want to cover any legal costs in the event of an accident or dispute.
- Safe Rider Discounts: Bikesure rewards safe riders with lower premiums so if you have a good driving history you can save on your policy.
Pros:
- Wide Range of Options: The ability to customise your policy is one of Bikesure’s best features. They also do multi-bike insurance which is great for enthusiasts with more than one bike.
- Quick Quote: Bikesure’s quote process is quick and easy so you can get a quote in no time.
- Flexible Payments: Bikesure offers various ways to pay for your policy including monthly payment plans so it’s more affordable for those on a budget.
Cons:
- Higher Premiums for Some: Bikesure’s premiums can be higher for riders who don’t qualify for discounts. For example, if you’re a new rider or have a claims history you may pay more.
- Not as Specialised for Classics: While Bikesure is great overall they may not have the same level of expertise and classic bike-specific policies as some of the other insurers on this list.
3. Lexham Classic Motorcycle Insurance
Lexham Insurance has been around for many years in the UK motorcycle insurance market. They offer third-party and comprehensive policies which is great for classic bike owners.
Features:
- Third-Party & Comprehensive: Lexham offers third-party and comprehensive insurance so you can choose the level of coverage that’s right for you.
- Agreed Value: Like Peter James Lexham offers agreed value insurance for classic bikes so if you make a claim the value of your bike is fully covered.
- Breakdown Cover: Their policies include breakdown cover so you’re covered if you break down on the side of the road.
Pros:
- Quick Quote: Lexham’s quote process is quick and easy so you can get a policy in place without delay.
- Breakdown Cover: Many riders find the breakdown cover a big bonus especially if you ride older or vintage bikes that may break down more often.
- Agreed Value Options: The agreed value option is a big plus for owners of rare or valuable classic bikes.
Cons:
- Inspection for Agreed Value: Peter James Lexham requires an inspection to determine the agreed value which can be a hassle for some riders.
- Limited Options for Modern Classics: While they offer great cover for classic bikes their policies may not be as suitable for modern classic bikes.
4. Bennetts Classic Motorcycle Insurance
Bennetts is a well-known name in the motorcycle insurance market, with competitive pricing and excellent service. They offer a wide range of policies including classic motorcycle cover.
Features:
- 24/7 Claims Helpline: Bennetts has a 24/7 claims helpline so you can get help whenever you need it.
- Breakdown Recovery: Breakdown recovery is included in their policies so you are covered in case of a mechanical failure.
- Optional Legal Cover: Bennetts offers optional legal cover for those who want protection against legal costs in the event of an accident.
Pros:
- Good Service: BenneBennettsn for its fast and helpful service so you can get help when you need it.
- Modern Classic Bike Cover: Bennetts are particularly good for modern classics so if you ride a newer classic bike this is a good option for you.
- 24/7 Claims: Being able to claim at any time of day or night is a big plus.
Cons:
- Higher Premiums for Newer Classics: Bennetts premiums can be higher for newer classic bikes so not so good for those with more modern bikes.
- Expensive for Some: Depending on your riding history Bennetts may be more expensive than others.
Bennetts is a good option for riders, especially those with modern classic bikes. 24/7 claims and breakdown recovery are the stand-out features but higher premiums for newer bikes may be a problem for some.
5. Carole Nash Classic Motorcycle Insurance
Carole Nash is one of the UK’s largest motorcycle insurance brokers, they cover both modern and classic bikes and are known for their wide range of policies and good service.
Features:
- Customisable: Carole Nash has a range of policies so you can tailor your insurance to your needs.
- Legal and Breakdown Cover: They offer optional legal cover and breakdown assistance if you want full cover.
- Agreed Value for Rare Bikes: Carole Nash offers agreed value policies for rare and vintage bikes so if you’re a collector this is a good option.
Pros:
- Good Service: Carole Nash is known for their fast and helpful service.
- Agreed Value for Rare Bikes: If you have a rare or valuable bike Carole Nash’s agreed value policies will give you peace of mind.
- Cheap for Older Bikes: Carole Nash is often cheaper for older bikes.
Cons:
- Expensive for Some Models: Some models especially newer classic bikes can be more expensive so Carole Nash is not so good for those on a budget.
Carole Nash is good for owners of rare or valuable bikes, cheap and good service. But higher premiums for some models are a problem for some.
Which Classic Motorcycle Insurance for You?
- Best for Customisable Options: Bikesure and Carole Nash.
- Best for Agreed Value: Peter James Insurance and Lexham Insurance.
- Best for Breakdown Cover: Bennetts and Footman James.
- Best for Limited Mileage Discounts: Peter James Insurance, Bikesure and Carole Nash.
Classic Motorcycle Insurance FAQs
What age for classic motorcycle insurance?
In the UK a bike is generally considered classic if it’s 20 years old or older. However, rare models under 20 years may also qualify.
Can I insure a classic motorcycle on a multi-bike policy?
Yes, many insurers offer classic motorcycle multi-bike insurance so you can insure both modern and classic bikes under one policy.
How much is classic motorcycle insurance?
It depends on your bike’s age, value and your riding experience but classic motorcycle insurance UK is often cheaper than standard motorcycle insurance.
Is classic motorcycle insurance cheaper?
In most cases, classic motorcycle insurance is cheaper than standard insurance as classic bikes are used less and the owners have a safer riding history.
When can I get classic motorcycle insurance?
You can get classic motorcycle insurance as soon as your bike meets the age and condition criteria (20 years or more).
What level of cover do I need for my classic bike?
- Third-party only: The minimum legal requirement.
- Comprehensive: Full cover, including damage to your bike.
Can I insure my sidecar with my classic bike?
Yes, many insurers cover sidecars attached to your classic bike.
Can I insure a classic moped or scooter?
Yes, classic motorcycle insurance extends to mopeds and scooters that meet the classic criteria.
