Torque Bike is a bespoke flexible insurance product to meet the demands and needs of Motorcycle Businesses and Dealers to help increase sales and profitability.

Key Features & Benefits Summary

Property
  • Full theft cover i.e. not restricted to forcible violent entry or exit
  • Protection against Loss and/or theft of Keys
  • 1Low Claims Rebate available subject to premium spend and policy renews for a further 12 months
  • Cover for Exhibitions and Trade events you participate at
  • Seasonal increase in Own Motor Vehicle cover around new registration dates
Business Interruption
  • Estimated Gross Profit cover
  • Standard Cover limit is 12 months with higher limits available
  • Additional Increased Costs of Working cover allowing you to continue trading elsewhere after your premises has suffered a loss
  • Reasonable Professional Accountants costs covered
  • Standard Policy extensions include Denial of Access & Public Utilities
Money
  • Cash cover whilst at premises and/or in transit to the bank
  • Cash kept in approved safes available
Wrongful Conversion
  • Cover for any vehicle purchased in the UK where there is a breach of implied warranty of title in that the true owner substantiates a valid claim for the return of the vehicle
Liability
  • Public & Products Liability £5,000,000 Limit of Indemnity as standard
  • Service Indemnity / Defective Workmanship included as standard
Vehicle in Transit
  • Up to 4 motorcycles in transit covered as standard
Loss of MOT Licence
  • Protection for lost profit if MOT licence is withdrawn or revoked
Engineering Inspection
  • Plant Inspection Service available to comply with statutory requirements
Road Risks
  • Cover options for comprehensive, third party fire and theft or third party only
  • Windscreen damage included if comprehensive cover taken
  • Rider Training activity can be accommodated
  • Optional Loan Vehicle cover whilst Customer vehicle in for repair or service
  • Optional Wider Unaccompanied Demonstration extension for riders aged 21+ with no minimum licence holder period restriction (must be issued by DVLA)
  • Self Drive Hire providing motor trade policy is insured with us & you have experience in the hiring out of motorcycles
Commercial Legal Expenses
  • Employment
  • Tax Disputes
  • Property Protection
  • Data Protection
  • Contract
  • Tenancy Disputes
  • Statutory Licence Protection
Free Business Advice Service

As a NIG policyholder, you will automatically benefit from these services:

  • Business Legal - Legal Advice is given for matters subject to the laws of and within the jurisdiction of courts or tribunals of England, Scotland, Wales, Northern Ireland, the Channel Islands, Isle of Man plus members of the European Union (until the outcome of Brexit is confirmed)
  • Business Emergency Assistance - Help in the event of an emergency affecting your business, such as burst pipes causing flooding, failure of electricity or gas or serious damage to the roof
  • Emergency Glazing & Security Assistance - Glass Replacement service for fixed internal and external glass plus replacement locks or emergency security measures are also available.

Our primary insurer is NIG (underwritten by U K Insurance Ltd) for which we will provide you with the Key Facts. If an alternative insurer is offered, the Torque Bike team will highlight the cover specific to the product recommended.

Optional Covers

There are various additional policy’s that you may currently have or may consider taking to protect you, your employees and the business. The Torque Bike team can advise you of these – the key covers are listed below. If you have any queries please call on 01603 218232.

  • Professional Indemnity – Protection for negligent advice given by Rider Training instructors
  • Group Personal Accident & Travel
  • Management Liability Protection – Cover for Directors & Officers within the business and the company itself
  • Cyber Liability
  • Private Medical

If you would like a copy of this the please visit our downloads page.

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We had been with the same broker for a number of years and were reluctant to change, but when Torque Bike was presented to us, the team knew how the bike industry ticked and identified some key cover areas that our existing policy did not provide. Changing our coverage meant wider cover at a competitive price.

- Laguna Motorcycles Ltd -
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When we decided to change insurance broker, the Torque Bike product met our requirements. They ticked all the boxes due to their motorcycle industry knowledge, close working relationship, good value for money and were 'head and shoulders' above any competitors.

- Infinity Motorcycles -