There are three main cover types of classic motorbike insurance.
Comprehensive: A comprehensive policy will usually include third party claims, repair or replacement due to fire, theft or an accident. As the most wide-ranging cover, this could be useful if your classic motorbike is particularly valuable, as you’re covered for a range of situations.
Third party fire and theft (TPFT): TPFT will cover you for third party claims and if your vehicle is damaged due to fire or theft. This type of insurance, or TPO, might be suitable if you don’t ride your bike often or it wouldn’t cost much to fix or replace.
Third party only (TPO): This is the minimum level of cover you need by law. TPO covers you for third party claims, while damage to or loss of your own vehicle is not included.