Thursday, June 26, 2008

Bike Insurance - Driver who killed friend while riding without bike insurance jailed - 23/06/2008

A driver who killed his friend while he drove his motorbike without any bike insurance and with a driving ban against his name has lost his appeal this week. Mihai Avramescu, (29), carried his friend Ryan England, (26) on the bike behind him at high speeds without a helmet.

The motorbike broke the speed limit and crashed into a lamp post in West Huntsbury when Avramescu attempted to overtake a car. The biker had two previous convictions for drunk-driving and admitted to drinking alcohol shortly before the crash but claimed that he was still under the legal limit when the accident took place.


Initially Avramescu ran away from the crash scene, but the next day he went to the police to give a statement and explain what had happened. Avramescu pleaded guilty to causing death by driving dangerously, failing to stop after an accident, driving without adequate insurance and driving while banned. He has been issued with a six year jail sentence.


news source : http://www.onlyfinance.com/

Wednesday, June 11, 2008

Bike Insurance - A new model by Yamaha just in time to battle the credit crunch

Yamaha has found the right solution to budge the increase in fuel prices, congestion charges and vehicle taxes. The 2008 motorcycle model was launched by Yamaha which is said to be cheaper to run, tax and insure, offering great value for the city- hence the name Yamaha Vity.

According to the UK’s biggest specialist bike insurance providers, motorcycledirect.co.uk. Yamaha is at the bottom of the scale for insurance and tax and with the current rise in fuel prices, the new model makes the bike a cheaper option.
Their latest model is being promoted as “the alternative mode of transport,” as it provides a cheaper option for motorcyclists.

The new Vity models 125cc four-stroke engine is reliable and comes with a two year warranty. With an electric start and auto transmission means they are also easy to run.
As motor-biking is growing more popular in the UK, the importance of driver safety has raised many concerns according to motorcycledirect.co.uk.

There are 1.2 million motorcyclists in the country and it is possible that motorcyclists are more than 35 times likely to be killed or seriously injured than car owners, according to spokesman Graham Littlechild of the Highways Agency.The models 10 inch wheels and weather protection therefore enables a safer ride.
The Vity provides all the right equipment that is expected from a more expensive scooter but at a lower price.

news source : http://www.onlyfinance.com/

Monday, June 9, 2008

Bike Insurance - New technology to work out bike insurance

This involves monitoring the movements of drivers in order to assess their prowess on the road. Malcom Tarling, speaking on behalf of the ABI, has commented that the method will be beneficial to those who behave responsibly on the roads. However, bikers who do not adhere to highways rules could find their bike insurance policies increase greatly in price.

"Insurers will certainly use advances in technology and the goal that they are always trying to achieve is to ensure that the price that they charge forinsurance reflects the actual risk," said the official. Bike insurance will be worked out using new technology in the future, according to an industry body.


According to the Association of British Insurers (ABI), the sector will begin to use technology such as the black box system recently trialled by officials in Staffordshire.


news source : http://www.onlyfinance.com/

Motorcycles need respect and good training

It was tough Monday afternoon watching yet another young motorcyclist being buried while his mom, dad and the love of his life looked on, still in shock. Already, some hard questions are being asked: How can a kid who just got his licence legally ride a 1,000cc machine? Why are bikes legally sold to rookie riders that can easily do twice the speed limit, and more? These are the wrong questions, focusing on the wrong thing: the bike. A motorcycle by itself never hurt anyone. A bike is as safe, or unsafe, as its user.

Luc Bourdon was a very good kid by all accounts, who made one wrong decision at a very bad moment in time. Let he who has never done the same cast the first stone.
Too often though, on a motorcycle, that one lapse of judgment might turn out to be your last, especially on super-powerful machines that are growing increasingly popular, as are motorcycles in general, even if sales in New Brunswick dipped slightly last year. The Motorcycle and Moped Industrial Council says almost half the bikes sold in Canada last year were 951cc or bigger. Those are some powerful machines. Every year, another 2,200 new motorcycles on average are sold in New Brunswick. Some suspect that with the skyrocketing price of fuel these days that number can only grow, though soaring motorcycleinsurance premiums will eat up a lot of those savings.

Hardcore motorcyclists say there are two kinds of bikers: those who have crashed, and those who will crash.
I know many bikers, none of whom ride irresponsibly, all of whom have taken rider-safety courses and yet all but two of whom have found themselves being collected by paramedics at one point or another. The other two who have yet to take advantage of New Brunswick's free ambulance service have indeed dumped theirbikes before, but walked away with little more than scratches and a good story to tell around the campfire. If some good is to come from the loss of Luc Bourdon, perhaps it will be that each rider reviews his or her riding habits, and maybe it's time to have a second look at our requirements for licensing new riders as well. That being said, it's worth noting that the training of motorcyclists has never been better and the stats reflect that, with the majority of motorcyclists taking training above and beyond what is required by law.

Deaths have been almost halved from their peak in the 1970s and injuries are down 48 per cent.
There is also the argument that having the power of 1,000ccs under your butt when you need it can save your bacon in some situations as well. Experienced riders say it can be a valid argument. But can we do more than what we are already doing to make sure riders come home safe? Luc also took a highly regarded motorcycle course, after all. The bottom line is that one can't lose sight of the fact that blaming big-bore bikes by themselves as the cause of tragedies such as the one we saw this past week would be as silly as blaming forks for obesity.

news source : http://timestranscript.canadaeast.com
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Friday, June 6, 2008

Bike Insurance - New bike, DVD, set to cut the cost of bike insurance - 05/06/2008

Two new developments are being launched to help cut the cost of bike insurance. Firstly, Yamaha are launching new motorbike that promises to not only have a low petrol bill but a low bike insurance bill as well. The new Vity is being touted as "the alternative mode of transport" and the company hopes to entice the country’s 1.2 million motorbike, moped and scooter owners with its low running costs.

In addition to coming with an electric start and an auto transmission, ten-inch wheels and a two-year warranty as standard, it will be available in three colours, Silver Tech, Midnight Black and Fancy Plum, and will reputedly have the same level of equipment as more expensive models in addition to being one of the cheapest bikes to insure.
It will go on sale for £1,699, which includes the registration fee and excise duty. Secondly, motorcyclists are to be given advice by the Highways Agency in the form of a free DVD called ‘Great Roads, Great Rides’

The DVD will include information on how to ride safely and bike maintenance, two topics that have the potential to reduce the annual premium.
Graham Littlechild, speaking on behalf of the Highways Agency, explained: "Latest accident figures from 2006 show motorcyclists are more than 35 times more likely to be killed or seriously injured than car occupants."

news source : http://www.onlyfinance.com/

Motorbike insurance for women who say 'on your bike' to credit crunch

A growing number of women are thinking about buying a motorbike in order to reduce spending as living costs continue to soar and lending conditions become ever tighter. According to the Post Office, one in seven women would consider swapping their car for a motorbike in order to cut costs, and 29 per cent of people who have ridden a motorcycle at some point decided to do so because it was a cheaper option.

In the past, female bikers have been relatively few and far between, accounting for just 15 per cent of the 1.2 million licensed motorcyclists on the road over the last 10 years. However, experts from the University of Huddersfield’s Motorcycle Consumer Research Unit claim that the figure is now closer to 20 per cent, and that the percentage is set to increase.
In response, and ahead of peak motorbike riding season, the Post Office has launched a new motorbike insurance policy, with discounts of up to 36 per cent for female motorcyclists. It is also giving all new customers a month's free insurance.

Director of the Motorcycle Consumer Research Unit, Geoff Crowther, said: "The rise of women motorcyclists is helping to inspire new-style bikes – and we're seeing bike designs better contoured to the female biker.
"It’s great that the Post Office recognises this trend and is providing a tailored insurance product for female riders too." Research also shows that women are involved in far fewer motorbike accidents than men, and University of Huddersfield research shows that women are more interested in pursuing advanced rider training than their male counterparts. Post Office head of general insurance, Richard Pennant-Jones, added: "It's clear that squeezes on our finances are making motorcycles an increasingly attractive alternative to cars.

"And concerns about CO2 emissions on the environment may coax more people out of their cars. With more bikers of both sexes on the roads than ever before, we’ve entered the market to ensure they receive comprehensive cover at a competitive cost."


news source : http://www.fairinvestment.co.uk/