Friday, December 19, 2008

Bike Insurance - Bike insurance customers to decline


The number of people in the UK in search for motorbike insurance could fall according to statistics.

Regardless of the current economic crisis pushing more motorists to exchange their cars for a motorcycle, figures from the Motor Cycle Industry Association (MCI) have revealed that the number of bike registrations in November this year have reduced by 16 per cent in comparison to figures from November 2007.
Only 7,517 two wheeler motors were sold in November 2008 compared to 8,947 in November 2007.

However, chief executive, Steve Kenward of MCI said: "The motorcycle industry is still holding up very well and I am encouraged by the upbeat mood of the International Motorcycle Show at the NEC last week."

Meanwhile, as Christmas approaches, parents planning to buy their children a motorbike, scooter, moped or a quad bike are being warned of the consequences of a two wheeler motor.

The warning was issued by Darlington police following an accident involving an uninsured motorcyclist without a licence.

Those riding illegally could not only face serious charges and bans if caught, but can also face excessive payments in the case of an accident.
Parents are being urged to ensure their children have adequate bike insurance before going for a ride.

Source:http://www.onlyfinance.com

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