Insurance for Motorcycle Trip | What You Need to Know?

Рет қаралды 7,725

Жыл бұрын

Do you believe in Insurance? Do you know these traps?
Insurance is important, right? But what is even more important is to understand what exactly it means. What is real coverage and what will just waste your money? In this video, I will share my thoughts on this topic.
Insurance is something that came a bit late in my country, about 25-30 years ago. Before that, we were driving our cars and motorcycles without it. I am not saying that it was better, but it worked one way or another.
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Пікірлер: 97

@enduromotorradtouren Жыл бұрын

First study to become a legal expert. Then read the fine print. And find something to sue the companies ;-) All the best, Pavlin. Your new garage looks (and sounds) great. Günter, Nürnberg/Germany

@motorcycleadventures Жыл бұрын

Thanks, Günter!

@zsoltsomogyics Жыл бұрын

Excellent analysis -as always! We could even add the requirement for the home MOT, otherwise your insurance is not valid. Or, if you left your home insurance country for more than 180 days, suddenly your insurance is not valid. All in the fine print. So this is a misair for the RTW bikers. Thank you for your excellent videos. Big respect Pavlin!

@motorcycleadventures Жыл бұрын

Thanks for adding!

@rayweeks1056 Жыл бұрын

You made some excellent points. Thanks for sharing this.

@motorcycleadventures Жыл бұрын

Glad it was helpful!

@billhamilton2366 Жыл бұрын

Nice little stove in the background Pavlin. You're going to need it this winter.

@motorcycleadventures Жыл бұрын

Oh yes! Hard to do anything without it!

@kens.8834 Жыл бұрын

Very good cautionary tales for all motorcyclists, not just adventure riders . In regards to life insurance, all too often it would involve large legal fees for next of kin just to collect their settlement . Personally, I normally would just opt for the required liability insurance . Medical insurance is another story, and should also be researched fully if a person doesn't already have it . Whenever possible, I think property damage and theft of ones personnel property should be a self-insured factor to be factored-in when one buys their equipment and an incentive ride within your limits, and to secure your equipment as best as possible against theft . Personnel responsibility; live within your limits -- just like gambling .

@motorcycleadventures Жыл бұрын

Thanks for adding, Ken!

@crnamrlja Жыл бұрын

Very usefull information, thank you!

@motorcycleadventures Жыл бұрын

Glad it was helpful!

@whitedrguy6503 Жыл бұрын

Insurance is a nightmare to work out, especially internationally. As an Australian, my last 2 trips to Europe have included travel insurance, which is highly recommended but trying to find a company that will insure you for riding a motorcycle greater than 250cc is difficult, there are not many, it pays to check and double check. I want to send my bike to Europe in 2023 and the insurance is a pain, first I need it registered and here in Victoria it has to have third party insurance to be registered, then once it gets to Europe I need green card insurance, another TPI, then with travel insurance, basically another form of medical insurance which the other 2 cover but Australian TPI no good in Europe. All that just to insure me, insuring the bike for damages is almost impossible for a foreign registered bike, never mind fire and theft. I would love to know if there is a company that has insurance coverage for non Euro or British residents on a non Euro or British registered bike. Great topic Pavlin 👍👍👍

@motorcycleadventures Жыл бұрын

It is what it is!

@ozkayozen3486 Жыл бұрын

You are welcome, Pavlin 🙏🙏🙏

@motorcycleadventures Жыл бұрын

Thanks again, Ozkay!

@mohammednaseer374 Жыл бұрын

Very informative good dear !

@motorcycleadventures Жыл бұрын

Glad you liked it!

@DannyB-cs9vx Жыл бұрын

Where I am if you don't have insurance and someone causes an accident with you, it is considered your fault as you should not have been there to be hit. It is not logical, but insurance companies have influence with law makers. If you do not have full coverage and someone hits you, it is up to you to deal with the other parties insurance. One needs to pay extra for a policy that will protect you if the person causing the accident does not have insurance, or a limited policy that does not cover your full expenses.

@Mrt_Silver_man Жыл бұрын

We have full casco in Denmark, but the problem is that they have only online services. And great video from you Pavlin :)

@motorcycleadventures Жыл бұрын

Thanks for sharing!

@gerardomusano6919 Жыл бұрын

In Italy if you need an answer for the 3 questions you have to go to Aci and get the gold card that will cover everything . My friend broke his leg in Grease when he was offroad and they had to send a helicopter to pick him up .They sent him and his bike the next day to Rome and he did not pay anything more. The card is called Aci Oro.

@MuddyM Жыл бұрын

that sounds really convenient

@motorcycleadventures Жыл бұрын

I will check it out. Can you provide a link to their website?

@happyswissjoe Жыл бұрын

Thanks for saying this example. I have heard many same stories from my Swiss riding friends. I think we live in 2 different worlds.

@ichbinmartin Жыл бұрын

@@happyswissjoe probably yes. i have only bad experiences. it looks so that in east block have the same companies absolutely approach.

@billybiker1383 Жыл бұрын

Great topic my friend, love the fire place behind you, what's the purpose of the wide parts on the chimney...radiator?

@motorcycleadventures Жыл бұрын

Yes, helps to heat the garage faster.

@jolebole-yt Жыл бұрын

Excellent video about insurance. Insurance companies are the biggest scam ever. They offer to insure you only if you drive on a public paved road. Anything else is basically "good luck to you" - we don't cover 99% of other situations.

@motorcycleadventures Жыл бұрын

It is what it is!

@expatbiker6598 Жыл бұрын

I now have a headache. Thank you Pavlin. 🤣🤣😣😣

@motorcycleadventures Жыл бұрын

Anytime!

@silfear1 Жыл бұрын

Great topic. I can add an example. I travel with a friend often and he always pays for a traveling insurance. Never read the papers. He just need to have peace of mind. I don't pay and save money for beer in evenings :-). One evening I actually asked him to give me his insurance papers so I can read it. It was covering nothing at all. Even if someone stole his luggage it was not covering him because that was only for luggage lost in airport or bus station. Not stolen on a street. No mention of accidents no health things. But he had his peace of mind because he had insurance :-) Actually on one trip he had a problem with motorbike (broken bearing in rear wheel). He never even thought about insurance. He just called a friend if he can come for us by car with trailer

@motorcycleadventures Жыл бұрын

It is what it is!

@niallsommerville9941 Жыл бұрын

A topic that needs to be highlighted, thank you Pavlin. With respect to additional legal cover, in the UK, most legal companies who specialise in motorcycle law will tell you not to waste your money. The legal cover you will get will be appointed by your insurance company, often from a "panel" of available lawyers, they may have no experience of motorcycle incidents or even motoring cases. By paying for "legal cover" you have handed over responsibility for legal representation to your insurance company, essentially the lawyer will be working for your insurance company and may be under pressure to minimise their costs or accept partial responsibility as an easy way out rather than find the best solution for the insured. Better to ensure that the first thing you or your family do (after completing legally required obligations to Police etc.) is engage a motorcycle specialist legal company, many of them will work on a no win no fee basis (often they are motorcyclists themselves) and recover their costs from your insurance company (who have to use their own appointed lawyers anyway). In short get someone who has an interest in the outcome for you or your family to get the best result in the long term.

@motorcycleadventures Жыл бұрын

Thanks for adding!

@barryobrien1890 Жыл бұрын

Yes. If you try to learn on any kind of track (on or off road), you are not covered. You have to be a professional rider and be covered by your employer. The gps / satellite devices are not legal in India and it will be confiscated

@motorcycleadventures Жыл бұрын

Okay, thanks for sharing!

@teneretraveller8980 Жыл бұрын

Really important topic. It's like my puncture kit. I hope I never need it but I wouldn't travel without it. Safe, happy travels 👍

@motorcycleadventures Жыл бұрын

Right on!

@darrylmoffett8323 Жыл бұрын

I live in the USA. If you’re going remote the Garmin InReach is great to have. But it’s even better if you have emergency helicopter insurance. Because a short trip will cost thousands plus a tow truck to pick up your motorcycle. Your motorcycle insurance may pay for the tow truck depending on how far and how hard it takes to get it.

@motorcycleadventures Жыл бұрын

Fair enough, but give me some examples of companies that pays for all of these.

@happyswissjoe Жыл бұрын

@@motorcycleadventures Zurich Insurance. Mobiliar. Helvetia. Of course they cover Swiss residents and perhaps they do not offer same to other countries. That’s the point.

@jolebole-yt Жыл бұрын

Since you mentioned the Garmin GPS....I great device to have on you to use in remote location for emergencies is a portable Amateur Radio. There are many types. Some require a license some don't. But a Radio on you is a good option because cell phone might not work in a remote area, but radio signals travel much longer and they might save your life. Also, no monthly subscription. Just do your homework before you go on your trip and lookup local communication frequencies in the countries that you visit. Most information is publicly available online.

@motorcycleadventures Жыл бұрын

Thanks for adding!

@renauddaniere893 Жыл бұрын

Thank you Pavlin Very helpful Hope Chatgpt can provide proper analysis for all the terms and conditions we have to read 😂😂😂😂

@motorcycleadventures Жыл бұрын

Any time!

@ronfox6008 Жыл бұрын

there are "sport" insurances. they insure you for any physical injury you get during any physical demanding activity. i did it with allianz before going to "legion run". it is true, i did not read the fine print. i did not read the fine print because i was asking specifically for an insurance that would cover any injuries i can get during a sport event/exercise and they gave me this specific insurance.

@motorcycleadventures Жыл бұрын

Fair enough!

@fidanym Жыл бұрын

Most serious insurance companies will create a suitable package for you. A good broker will ask you about any hobbies/sports or dangerous activities that you might take part in and based on that, you will receive an offer, usually with some additional payment, it is the same for people who smoke. I'm talking about life insurance here. If the broker doesn't ask anything about you, then finish your coffee and look elsewhere.

@motorcycleadventures Жыл бұрын

In a perfect world...

@kevinstephens3792 Жыл бұрын

Vollkasko in Germany is horrendously expensive, I pay 1000euro a year for my superduke gt..... in the UK for the same bike i would pay under £200 for the year. A great topic that everyone should be aware of and know exactly what cover they have and how to use the insurance in case of an accident.

@motorcycleadventures Жыл бұрын

Thanks for sharing!

@streetfightertutorial Жыл бұрын

I might add: 1) Avoid telephone or on line insurance policies. Always better to talk to someone who's sitting in front of you, especially when things go south. 2) Always add the legal expenses option, nowadays is so important.

@motorcycleadventures Жыл бұрын

Thanks for adding!

@vic321344 Жыл бұрын

In germany you get full cacso for motorcycles. Ergo insurance.

@motorcycleadventures Жыл бұрын

Ok. Show me a link to their terms and conditions.

@keesverhagen9227 Жыл бұрын

That is why i decided not to intall the Husqvarna app for the Norden 901.

@motorcycleadventures Жыл бұрын

Fair enough!

@keesverhagen9227 Жыл бұрын

@@motorcycleadventures People should really read it. People should be aware all what they are doing with their phones. What they give consent to. In this case they want to read out your full contact list. Know who you phone and how long. How you use your phone in general. The amount of private data they are getting by that is utterly enormous. And if someone in your contactlist is neglected to do so then it is also you and me that are getting hurt. It is really sickening. But people rather stick their head in the sand. Feeding the Beast with data.

@zerotonine807 Жыл бұрын

I am in Germany and i have 'Vollkasko', at least for a certain time because its new and i couldnt afford the new bike just like this again if i destroy it. Downside: its very expensive

@motorcycleadventures Жыл бұрын

Good to know.

@laurenttuf8272 Жыл бұрын

Check out for the Breitling Emergency

@motorcycleadventures Жыл бұрын

@niallsommerville9941 Жыл бұрын

That is an aviation specific device, I'm not sure if they cover any other incidents (even though I have one) but at least you can be found if they know to look for the signal. They are VERY expensive and only the newer 403 MHz devices have SarSat (Aviation and Maritime system) older devices rely on 121 MHz which is terrestrial based with limited range, again used only in Aviation & Maritime industries.

@songsabai3794 Жыл бұрын

Insurance is a mandatory racket.....pay your money, take your chances! 😁

@motorcycleadventures Жыл бұрын

Kind of

@markj6385 Жыл бұрын

Pailin, the new iPhone 14 has satellite communications for emergency use. Do you know if coverage is available in the Eurozone countries? I think they going to compete with the Garmin Inreach communication devices.

@motorcycleadventures Жыл бұрын

No idea, sorry!

@nfinnigan 11 ай бұрын

iPhone, I think it will only work if you have a cellphone reception, not GPS. Whereas the Garmin will work anywhere in the world due to having GPS satellite technology built into the device.

@markj6385 11 ай бұрын

@@nfinnigan in the USA, it is supposed to work when you don’t have cellular coverage, like going on adventure rides in rural and remote places. That’s my understanding based on the Apple event presentation of the iPhone 14.

@SANITRACE 5 ай бұрын

Hello Pavlin , the most campanies will not cover if you are more then 3 months on the route , they just cover for maximum 3 months travel. What to do if you travel 4 months ?

@motorcycleadventures 5 ай бұрын

Nothing!

@robinwells8879 Жыл бұрын

I see a number of adventure biking KZfaqrs buying insurance as they cross a border from people standing around. Are these real things or scams?

@motorcycleadventures Жыл бұрын

They could be real, but this does not change the fact what do they cover.

@happyswissjoe Жыл бұрын

This could only be your country and your nationality. Here in Switzerland everything is covered with full Kasko. But then I pay 1kchf per year for my GS. A fall off the mountain road last year repairs cost 9kchf. Your insurance advice is localised and not totally true. Sorry to point this out.

@motorcycleadventures Жыл бұрын

Fair enough, but full Kasko is not life insurance, or medical assistance. It covers only your bike. Yes, in my country and Germany as well, you cannot have full Kasko on a motorcycle. Thanks for sharing!

@EugeneYunak Жыл бұрын

i think you completely misunderstood the talking points of this video. kasko is a vehicle insurance. street-legal, registered vehicle on a public road to be more precise. try taking your gs off pavement in Romania, and break a leg while failing off of it at the nearest patch of mud. see how much your swiss kasko will pay you. hint: 0chf for repairs, and 0chf for your leg. they won’t even pay for the paint scratches since you were not on a public road. if your adventures are confined to Swiss roads, then more power to you, but this video (and indeed most of this channel) is not about your kinds of adventures.

@happyswissjoe Жыл бұрын

Sorry you are incorrect. I have friends working in the insurance industry. Most reinsurance are done via Swiss companies. In your country perhaps this is the case. For us Swiss riders and drivers who pay “a lot”, everything and most things are covered including going off the normal road. What is not covered are racing or extreme sports (maybe that’s your off-road definition). Sadly insurance in Switzerland and insurance in many other countries are not the same. I found it out by living here and I discovered “real” insurance (which you don’t have).

@davidmallia628 Жыл бұрын

True, insurance worth, is relevant to each country, but 1000 euro a year for a person with 1000 euro salary per month, is a lot. I am sure the salaries in Switzerland can justify such insurance fees. The root of the matter is how greedy/ reasonable, or not, the insurance companies are.

@ger13nunyah56 Жыл бұрын

It’s complicated

@motorcycleadventures Жыл бұрын

True!

@samhill3496 Жыл бұрын

Always the life insurance salesperson's pitch, "You are going to be rich when you die." Really, I'm going to be dead not spending and enjoying my new found life of riches. Any of the satellite locators seem to have a subscription fee. Spot, Garmin, whatever. Which one is best, not sure. There may be an app available if you have service. All good info. In my state and only one more in USA we have no fault insurance. Mine pays for me, pays for them. Expensive yes, but required by sate law. Then we have underinsured and uninsured coverage. Yes, you are required to have coverage by law, so does everybody else but that's how it is. Double coverage.

@motorcycleadventures Жыл бұрын

Thanks for sharing!

@nfinnigan 11 ай бұрын

I always think if the PLB (Garmin Device) don't work, they won't have many returns, as you will be dead. Garmin can tell you anything, "Best device ever."

@parvinsingh2803 Жыл бұрын

Wat is meaning of ur name

@motorcycleadventures Жыл бұрын

No idea!

@javi___ Жыл бұрын

Yeah insurance is a scam, pretty useless for us and also you missed to mention that most of them don’t even start to cover after you passed the 1 year mark. what I do is I have my private fund, I put money aside every month and have it ready to pay by myself for any accident.

@motorcycleadventures Жыл бұрын

It is what it is!

@ichbinmartin Жыл бұрын

All insurance companies are liars and thieves! I have own experience even it was not my fault. To be honest, because of brand new motorcycle I have casco, but only for some time, maybe first year or two. Except it I have just mandatory insurance. No life, no traveling, nothing but mandatory. Insurance is just an insurance for bad luck. Insurance companies create a completely unjustified feeling of fear and people then succumb to a false security, which is a security only under very specific conditions and does not apply to travellers or actively living people. I insured my house. Everything, apart from the exorbitant price of the insurance, seemed fine, until I asked if it also covered floods. The agent told me it was, but the watercourse had to be at least half a kilometre or so from the house. I told him I had a creek right next to the house. So he immediately dropped that kind of insurance. As I write, they are just liars and thieves. Just look at the insurance company's assets. If the insurance is so necessary, they can't make money on it! and since they make billions and we just pay and either nothing happens, or in the event of an accident they find excuses not to pay, it is necessary to consider very carefully what and how to insure. If at all. The vast majority of the time it is a complete waste of money, often, especially for travel purposes, unreasonably high.

@motorcycleadventures Жыл бұрын

Thanks for sharing!

@sandwaves5642 Жыл бұрын

Looks like your studio keeps on evolving....a chimney.....👍👍...And yes - the insurrance compenies are experts at stealing customers money 🤢🤢 Regarding all the extreme activity insurrances - yes, they do exist, BUT - veeeerrrry not cheap. It's the same type of insurrance that stunt men.... racers ....use. I thing - watching you and others - do the bike adventures, from my SOFA - is the thing for me ☝☝😀😀 - NO it is not less dangerous. In fact - the MOST dangerous activity in the world is SOFA ! - you may die / get injured, durring some extreme activity....However - you, without any doubt, WILL die, if your ass is grown into the sofa 🤢.. BUT ( yes BUT - again ), at least the insurrance WILL cover..... 😬😬 PS - you managed to read ALL the conditions in that tiiiiiiny text, and it tok you ONLY 30 minutes ❓❓‼‼😆😆 So, secretly you are a LAWYER ?!? 😱😱

@motorcycleadventures Жыл бұрын

I read it fast, looking for a specific words. I might become a lawyer one day!

@davidmallia628 Жыл бұрын

I do not believe in insurance. I believe in myself, and the grace of God. Define God as you wish, but basically it is the spirit of what is good. I only take out insurance that is obligatory by law, and this very reluctantly, because insurance is a rip off. I hope everyone knows where insurance neccesity originated from. I will give you a hint. Sicily!

@motorcycleadventures Жыл бұрын

Thanks for adding!