What Is MOTOGP and How Does It Help Me?

MOTOGP stands for Mobility Overweight Vehicle Regulation. This is a UK regulation that aims to protect the consumer from being overcharged on their car insurance. It was introduced in the year 2021 and covers some of the most common factors involved in causing damage to your car. One of these is how fast you accelerate. Any car over 4.0lbs has to have this on its insurance form.

What does this mean exactly? Well it means that you would pay an excess of one percent on your policy. This means that if your car would cause the insurance company a claim, they would have to pay out more than the actual amount that you have on your vehicle. For instance, let’s say that you had a black leather interior with a million miles on it. You would still be insured for just over one thousand pounds.

This is a fantastic bargain as it means that the insurance companies have to make sure that they don’t pay out too much. But how do they get around this? Simple… they would ask you to prove that the car itself is below what the excess stated on the form is. I know that this sounds all about common sense, but how many people actually check this?

Many do not. One way that they can make it work to their advantage is by having a little bit of knowledge of the system. Motogp works by adding an excess above the standard excess on your policy. It should be stated on the form that this excess is to be paid by the third party, which could either be you or the other party that you have agreed to pay out if they are at fault in an accident.

If you were to add a higher excess to your car then it would cost you less money, but you would have no protection if you had to make a claim on your policy. This is why it is so important to have MOTOGP on your car. Even if you were to have another form of insurance that covers your car then you would still have MOTOGP on your car.

It is just as important to make sure that you add the excess with your MOT. Otherwise you will be paying out for nothing. So, next time you go to buy a car, consider whether you need to add the excess. You will end up saving money in the long run and you will have protection in case you have to make a claim. There is really nothing better than this!