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/

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