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Motorbike prices, are expected to increase in 2009, according to manufacturers. With the cost of materials such as aluminium and steel, along with shipping fees all on the increase, the price of a bike will be set to rise drastically. The increased prices is also expected to remain at a higher level in 2010, according to a spokesperson from the Retail Motor Industry Federation. This is due to the fact that, the materials, used for the production of motorbikes, will be those that have increased in price.
Moreover, the weakening pound against the euro and the present credit crunch, have also played a part towards the increase in the price of motorbikes. A spokesman from Ducati, the Italian motorbike manufacturer, said: "The main selling season has been and gone and obviously the credit crunch is going to now have an impact. Just look at the retail shops announcing drops in sales." Motorists, who are considering whether to buy a bike, have been advised to do so sooner, rather than later, before the price increase sets in. Also they should ensure that they have adequate motorcycle insurance to cover their bikes.
news source : http://www.onlyfinance.com/
Motorcycle insurance specialist, Carole Nash, has called on employers to provide secure parking for mopeds and motorcycles. The insurer was echoing sentiments by the Motorcycle Industries Association who urged British employers to avail secure parking for mopeds and motorcycles. Earlier in the year, the insurance company called for local authorities to provide more public secure bike parks. Carol Nash supported the call by MCIA saying as a project, it would be environmentally friendly and economically viable.
Carole Nash’s managing director, David Newman said: “The MCIA reports moped sales are soaring and biking is generally becoming more popular, no doubt as a result of fast escalating fuel costs, ever increasing congestion and lacklustre public transport provision.” He added: “Despite this little is being done by employers and local authorities to satisfy the increased demand for secure parking. Given the huge cost to the economy of congestion and the growing personal cost of car use this seems ridiculous.” According to Mr. Newman, bikes needed specific security measures because of their portability and the high spares value of top end models.
He further added that the company’s annual motorcycle theft survey, which looks at all bike insurance claims received from among the company’s 230,000 motorbike insurance policyholders, constantly demonstrated that the bikers most at risk were in urbanised areas.
news source : http://www.onlyfinance.com/
According to research uncovered by the website motorcycles direct, Bike riders in the area of Peterborough are riding on the road in that particular region without having adequate bike insurance. The figures that were extracted by the Motor Insurers Bureau, illustrates that for every 20 riders in the area, one does not possess a rider insurance policy.
All in all it is believed that this rounds off to the equivalent of 5% of the 123,134 bikes on the road, not having any cover whatsoever. As if that was not worrying enough, about 1,125 accidents on highways in Cambridgeshire, were involving riders who did not have any bike coverage.
This will potentially affect those riders searching for insurance coverage in the near future, as insurers will automatically identify them as high risk and increase premiums as a result. A police spokesperson had this to say on the subject matter “We will continue our robust enforcement of the law, seizing any vehicles we find being driven illegally.”
news source : http://www.onlyfinance.com/
Police are increasingly cracking down on nuisance bike riders and have called on both riders and parents to help in preventing the escalation of reckless and illegal biking. Many riders of mini bikes were recently caught at the wrong side of the law and had their bikes confiscated and even crushed.
They are being reminded to ensure they drive safely and within the bounds of the law. In Warwickshire, for example, police are getting more concerned about the dangers posed by irresponsible bikers to both themselves and the general public. They have, against this backdrop, confiscated at least 135 motorcycles that were either driven illegally or abandoned.
Commenting on the situation, police sergeant Charles Harrison said some parents were aware that their children were inappropriately riding bikes on the roads and public places. “They are happy for the bikes to be kept at home and ridden by their children without crash helmets, protective equipments or the appropriate documentation,” he added. But he advised parents to ponder the risks involved in riding bikes illegally, warning that they could face the wrath of law for riding without bike insurance, a licence and crash helmets in public places.
news source : http://www.onlyfinance.com/
Quad biking is growing in popularity. It combines the exhilarating, high-adrenalin rush of extreme sports with a fantastic way to experience the countryside both on- and off-road. Prices of quad bikes and coming down putting them within reach of more and more people, butinsurance on these machines does tend to be expensive and riders can end up paying over the top unless they consult a specialist insurance broker.
Bikesure, is an established expert in the field of motorbike insurance and has launched a dedicated section – Quadsure to look after quad insurance. Bikesure has access to a wide variety of quad bike insurance schemes that can be tailored to suit each individual quad biker and each individual quad bike.
Quadsure covers leisure quads, sports quads, utility quads, ATV and buggy models. As a specialist broker Quadsure can offer cheap quadinsurance whether the quad is used for off-road adventuring, farm working or trail riding. Even bikers with zero no-claims bonus, motoring convictions or criminal convictions can be offered competitive quotes.
All policies offer £50,000 of legal cover free of charge, but there are also low-cost options of personal injury cover, comprehensive breakdown cover with home-start and protective clothing and helmetinsurance. Quads that are used solely for off-road riding can be covered against fire and theft. As with other Bikesure insurance policies, Quadsure can offer extra discounts for security precautions and riding experience. Female quad bikers also qualify for extra discount.
Quadsure has an online quote and buy system that displays several available quotes for customers to choose from, however, most people will get the best deal if they ring Quadsure and speak to one of their highly trained underwriters. As specialists within the quad bikeinsurance industry they can apply a whole range of extra discounts that may not show up on the computer system.
Bikesure is 100% British owned and based. It has a huge range of specialist policies for the motorcycle enthusiast, including cheap bike insurance schemes for performance and custom bikes, scooters, trikes, quads and bug riders. For details freephone the Bikesure quote line on 0800 089 2000, email the company at bikesure @ adrianflux.co.uk or visit www.bikesure.co.uk
news source : http://news.yahoo.com/
Bike insurance is becoming more popular with women as a growing number of women are buying a motorbike in order to reduce spending as living costs continue to soar and in light of restrictive lending.
According to the Post Office, one in seven women would consider swapping their car for a motorbike in order to cut costs, and experts from the University of Huddersfield’s Motorcycle Consumer Research Unit claim that the overall figure is almost 20 per cent, and that the percentage is set to increase.
In response to this, 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.
These discounts reflect the fact 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.
news source : http://www.onlyfinance.com/
Open International, the provider of Open GI, the Countrywide broking network and Internet based trading provider, has reported that demand for its eAggregator solution continues to increase. The solution was launched in December of last year and the firm says it has secured 15 broker contracts in less than six months.
eAggregator helps brokers to achieve product listings with major aggregators, including Gocompare.com and Moneysupermarket.com. A recent aggregator to link to Open GI’s motorcycle solution is Bike Insurer Services Ltd. The company, which is recognised as having launched the world’s first bike insurance comparison website, currently powers the Tesco Motorbike Insurance
Finder website.
Open International says it now has contracts with a number of other leading bike, motor and commercial vehicle aggregators and is continuing to receive interest from price comparison sites. Open GI sales and marketing director, Simon Hughes, is confident that the solution will take a leading position in the market because it allows brokers to seamlessly connect their Open GI quotation engine to aggregator sites.
According to Mr Hughes, this can bring significant business advantages without the need for high levels of investment in online marketing.
news source : http://www.insurancedaily.co.uk/
Price comparison site BeatThatQuote.com is adding motorbike insurance to its product line-up. The new service is initially being launched with partner eGroup, part of Beat That Quote's existing motor insurance panel since last August.
Russell Bellamy, head of insurance at Beat That Quote, said: “We are achieving the volumes of quotes we wanted on general motor insurance from our 2.5 million visitors a month so it’s time to extend that success into motorbikes using the same tried and tested user interface.”
eGroup offers insurance solutions for cars, vans and bikes, which are underwritten by Southern Rock. The launch of Beat That Quote’s motorbike insurance service follows the introduction of its new travel service earlier this month powered by Expedia, the UK’s largest online travel agent.
news source : http://www.postmagazine.co.uk/
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/
Motorbike prices, are expected to increase in 2009, according to manufacturers. With the cost of materials such as aluminium and steel, along with shipping fees all on the increase, the price of a bike will be set to rise drastically. The increased prices is also expected to remain at a higher level in 2010, according to a spokesperson from the Retail Motor Industry Federation. This is due to the fact that, the materials, used for the production of motorbikes, will be those that have increased in price.
