What does MMBS insurance cost?
MMBS vehicles are becoming increasingly popular, especially among young people. They offer the comfort of a normal car, but you do not pay road tax and are exempt from registration and MOT requirements. Have you or your child purchased an MMBS vehicle? Then you are probably wondering: how much does it cost to insure an MMBS? Insuring an MMBS often raises many questions. Therefore, in this article we will look at the costs of MMBS insurance.
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Why is an MMBS insurance more expensive than other insurances?
When looking for insurance for your MMBS, you may notice that the cost of MMBS insurance is much higher than that of other vehicle insurance. There are several reasons for this. Insuring a MMBS involves a lot of risks for the insurer. It happens quite often that people secretly tinker with the car to increase the speed. This way an MMBS vehicle suddenly has the same speed as a normal car. Because you don't need a car driving license, but a tractor driving license is sufficient, the drivers are often not so experienced on the road. As a result, accidents happen faster. The following applies to insurance: the higher the risk for the insurer, the higher the premium.
Because of the increased risk, there are only a few insurers who dare to insure an MMBS. Also because of the small number of insurers, the premium of a MMBS insurance is much higher than for a car or scooter.
What is the premium for an MMBS based on?
The cost of MMBS insurance depends on the level of the premium. When determining the premium, a number of factors are taken into account:
- The type and weight of the vehicle
- The age of the driver
- The number of accumulated claim-free years
The premium for drivers under 25 is often higher than for drivers over 25. Also, the heavier the vehicle, the higher the premium.
What does MMBS insurance cost per month?
Thus, the cost of MMBS insurance per month depends on a number of factors. There is no standard premium for MMBS insurance. Through Alpina.nl you can calculate an indication premium. This will give you an idea of the monthly costs of an MMBS insurance. When you have completed the details you can request a final proposal. The insurance company that offers insurance for an MMBS vehicle is the Vereende. Alpina is an intermediary of the Vereende.
To help you, we have already calculated the monthly costs of an MMBS insurance. We have assumed two different situations:
* This is an indicative premium. The indicative premium is inclusive of insurance premium tax and exclusive of a one-off policy fee of up to €13.36.
How much does MMBS insurance cost per year?
Although the annual costs of an MMBS insurance are much higher than for a normal car insurance, you save on other things. An MMBS vehicle is exempted from road tax by the RDW. Also, you do not have to have the vehicle tested every year. Besides the one-off purchase costs of the vehicle and, of course, the petrol costs, you only pay annually for the insurance.
What happens if I do not insure my MMBS?
As is the case for all motor vehicles, a MMBS must be insured at least for third-party liability. Normally the RDW checks the insurance of vehicles, but in this case the check is done by the police. A MMBS vehicle does not have a registration number that the RDW can check. The driving licence check is also done by the police. Should they discover that your MMBS is not insured or that you are not in possession of the correct driving licence, you risk a hefty fine.
How can I get the cheapest possible MMBS insurance?
At Alpina.nl you can easily calculate an indication of the monthly premium. All you have to do is fill in a few details about the vehicle and your age. This will give you an idea of the amount of the monthly premium. Then you can request a final quote. Does the proposal appeal to you? Then you can immediately and easily take out the insurance.
Calculate the premium of your MMBS insurance directly!
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