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Showing posts with label
Low Cost Motor Bike Insurance.
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Showing posts with label
Low Cost Motor Bike Insurance.
Show all posts
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/
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/
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/
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/
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/
At least a dozen old black-framed motorcycles from the 1970s and early 1980s sit in a row in the repair shop of Connecticut Custom Cycles on South Main Street in Beacon Falls. They are not there to be turned into chromed-up and tricked-out show bikes that artist Sean Lezotte is accustomed to working with in his industrial loft with an airbrush and a stencil kit. They are being restored for road use by men and women who have had them in storage for years in garages and basements. Why? To offset Connecticut's predicament of having the highest gasoline prices in the United States.
"Most of them are just old bikes," Lezotte said. "They're not making them pretty. They're just making them functional and running. Some mechanical restoration and a little paint and they're on their way." It can cost anywhere from $500 to $1,500 to get an old bike up and running, said Scott Doane, who runs the mechanical end of the business at the shop. "It depends on how well it's been taken care of and how long it's been stored," Doane said. The price of cleaning up an old bike and getting it on the road is modest in comparison with the money Connecticut residents are shelling out to fill their cars, trucks and SUVs with gasoline.
Harley — taking a huge slice off the couple's fuel budget. The idea is to use the bike on sunny days and the car when the weather is bad, saving a lot of money on gasoline, said Lou Bailey, of Trumbull, who had work done on his old bike. "Some of the guys I work with are doing the same thing," said Bailey, who works for the Southern Connecticut Gas Co. A look at the number of motorcycles registered in Connecticut is further evidence. The state Department of Motor Vehicles reported that registrations this May stand at 79,129, up 5.6 percent from 74,935 a year ago. When the comparison is made with the period five years ago, when gasoline cost $1.63 a gallon, it is remarkable: up 35 percent from 58,646 in 2003.
Motorcycle dealer Rick Erickson, of RER Motorcity in Monroe, has been in business for decades, and has seen a lot of gasoline price fluctuations, but believes this time the high prices are here to stay. "I don't think it's ever going back to cheap gas," Erickson said in his repair shop, where some old bikes were being restored for daily use. He has been to Europe, where it is not unusual to see gasoline sell for $10 a gallon, and believes that's happening here. "I think we're going to take a lesson from Europe," Erickson said. Options aside from motorcycles or motor scooters include hybrid or alternative fuel vehicles. Riding a bicycle is a good option for those who live near their workplace. A motorcycle can easily get 50 or 60. Older motorcycles also do not require a lot of insurance, which makes for additional savings. "I pay maybe $200 a year for bike insurance," Bailey said.
A motorcycle requires a special license and training, but a scooter, if its engine is smaller than 50 cubic centimeters, does not. "The trouble is getting [scooters]. They are so popular they're hard to get," he said. The trend in putting old bikes back on the road is also a do-it-yourself phenomenon, as homespun mechanics put their old bikes back into shape. "We sell parts on eBay and we're getting more money for parts now," Erickson said. Old motorcycles never looked so appealing. news source : http://origin.connpost.com/
MUMBAI, May 22 - Bajaj Auto Ltd , India's No. 2 motorcycle maker, said on Thursday it expected sales to stay flat in fiscal year 2008/09 because of tighter credit, but hoped to protect margins with sales of more premium bikes and cost cuts.
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Higher prices of steel, rubber, oil and other raw materials have hit margins of vehicle makers, while firmer interest rates, aimed at checking rising inflation, have bumped up vehicle loan rates by 200-300 basis points and depressed demand. "We don't see any revival in sales," Managing Director Rajiv Bajaj said at a news conference. Bajaj Auto's vehicle sales, which had fallen every month in the year ended March, rose in April, but that was an "exception", he said. "There is a fundamental pullback in sales, and it's wishful thinking to imagine the situation will change. We're prepared for a flat market, and when sales are flat, any increase in raw material costs will certainly hurt margins," he said.
Pune-based Bajaj Auto is moving away from lower-margin 100cc bikes, and is also focusing on exports to offset softer demand in India, the world's biggest market for motorbikes after China. Bajaj Auto will make a $2,500 car from 2011 in a venture with Renault and Nissan Motor , to take on Tata Motors' similarly priced Nano, which is scheduled to go on sale later this year. Bajaj Auto said net profit in the fiscal fourth-quarter ended March 31 was 1.21 billion rupees on net sales of 20.74 billion. Rival Hero Honda Motors Ltd in April reported a better-than-expected 53 percent rise in net profit to 2.99 billion rupees, helped by sales of its more premium bikes.
NEW LISTINGS
Bajaj Auto was recently restructured and its manufacturing and finance operations were spun off as separate businesses. Bajaj Holdings & Investment Ltd, which owns 30 percent in Bajaj Auto, earlier on Thursday reported a quarterly net profit of 793.2 million rupees on net sales of 626.3 million. Bajaj Auto and Bajaj Finserv, which comprises bike insurance and auto finance businesses, are expected to list on Monday. Bajaj Auto, which also makes scooters and three-wheeled motorised rickshaws, plans to foray into light trucks, and make premium bikes with European partner KTM and with Japan's Kawasaki , a technology partner.
Bajaj, which holds 24.5 percent in KTM, may raise its stake to 30 percent if "the price is reasonable", Bajaj said. Indian bike makers rolled out 7.2 million bikes and scooters in 2007/08, down nearly 8 percent from the previous year. Bajaj sold 552,101 vehicles in the March quarter, down 12 percent despite an excise duty cut to 16 percent from 24 percent at the end of February on bikes, scooters and three-wheelers. It plans to launch two three-wheelers and four new 125cc motorbikes in 2008/09, a segment Bajaj estimates accounts for 36 percent of the market.
Its share of the motorbike market fell to 32.7 percent from 33.5 percent in 2007/08, Bajaj said, because of its declining share of the 100cc segment, which offset growth in 125cc. Shares in Bajaj Holdings ended up 3.1 percent at 672.05 rupees in a 1.95 percent weaker Mumbai market .
news source : http://malaysia.news.yahoo.com/
(NAPSI)-In 2008, the iconicmotorcycle manufacturer commemorates 105 years of American know-how, chrome, leather and steel. But instead of looking in the rearview mirror at its rich history, Harley-Davidson is keeping its eyes on the road ahead by continuing to welcome new riders into an already diverse family.
Join the Party
Harley-Davidson is the only motorcycle manufacturer that offers a branded rider education program in 42 states through its authorized dealerships. Known as the Rider’s Edge New Rider Course, the Motorcycle Safety Foundation-certified program includes both classroom instruction and training on a controlled range. Students learn how to ride on a Buell Blast, a lightweight, easy-to-handle motorcycle with a rider-friendly design. Harley-Davidson dealerships across the country also offer the Rider’s Edge Skilled Rider Course for motorcycle enthusiasts interested in taking their riding to the next level.
Since its inception, Rider’s Edge has trained more than 138,000 students-and 39 percent of those students have been women, evidence that motorcycle riders can be anyone at all. A survey in late 2003 showed that 84 percent of students get their licenses after completing the course. Among riding fundamentals, the course also addresses key safety principles, including: Positioning-Maintaining the proper lane position is part of an effective street-riding strategy. Visibility-Part of riding safely is making yourself and your bike visible to other drivers at all times. Know Your Limits-This applies to all riders, regardless of skill level. For some, this means keeping your bike at home during inclement weather or congested rush hour times.
On successful completion of the course, students receive an MSF Completion Card, which may help them get their motorcycle license and receive a discount on motorcycle insurance, depending on their state of residence and insurance provider. To learn more about an anniversary event near you or how to enroll in a Rider’s Edge course, visit the Web site at www.harley-davidson.com. America is going “hog” wild in honor of a milestone anniversary.
news source : http://www.napsnet.com/
Next month the largest British motorcycle racing event of the year takes place at Donington Park: the British round of the MotoGP.We have one pair of money-can't-buy VIP tickets to give away, courtesy of Bennetts, bike insurance provider and sponsor of British MotoGP contender James Toseland, who is contesting his first home GP for Tech 3 Yamaha. You could be part of the action on Sunday, June 22. The prize on offer from Bennetts includes a pair of entrance and hospitality tickets with the Tech 3 Yamaha team, excellent viewing opportunities, lunch and refreshments.
Unlucky entrants can find details of further Bennetts' competitions - including the chance to win a James Toseland replica R1 in May - at www.bennetts.co.uk.
For a chance to win, enter here: Regrettably, we no longer accept emailed or posted entries. The closing date for all entries is midnight on Friday May 23.
1. This prize draw is open to residents of the UK, Channel Islands, Isle of Man and Republic of Ireland aged 18 years or over, except employees of Telegraph Media Group Limited and their associated, affiliated or subsidiary companies, and their families, agents or anyone else professionally associated with the draw.
2. Details regarding how to enter as published form part of the terms and conditions. It is a condition of entry that all rules are accepted as final and that the competitor agrees to abide by these rules. The decision of the judges is final and no correspondence will be entered into.
3. Only one entry per person. Late, illegible, incomplete, defaced or corrupt entries will not be accepted. No responsibility can be accepted for lost entries and proof of transmission will not be accepted as proof of receipt. The winner(s) will be drawn at random from all entries received by the closing date. If winning is dependent on answering a question correctly, then the winner(s) will be drawn at random from all correct entries received.
4. All entries must be received by the published closing date.
5. The winner(s) will be notified by email, telephone or letter and their name and the name of the county where they live may be published. The winner(s) will be notified within seven days of the published closing date of the prize draw. The name and county of the winner(s) may be disclosed to anyone who writes within one month after the published closing date, enclosing a stamped addressed envelope, to Telegraph Motoring Desk, 111 Buckingham Palace Road, London SW1W 0DT. The prize will be delivered to the winner's home address within 28 days of notification, unless the winner is notified otherwise. Prizes will not be awarded as a result of improper actions by or on behalf of contestants, illegal or otherwise.
6. The prizes as published are available on the date of publication. The prize is subject to availability and to any published restrictions. All prizes are non transferable and there are no cash alternatives.
7. The winner may be required to participate in publicity. Note that by entering into this competition you agree to have your name released as the winner, should you be drawn as a winner of the prize.
8. Events may occur that render the prize draw itself or the awarding of the prize impossible due to reasons beyond the control of the Promoter and accordingly the Promoter may at its absolute discretion vary or amend the promotion and the entrant agrees that no liability shall attach to the Promoter as a result thereof.
9. English law applies and the exclusive jurisdiction of the English Courts shall prevail. The Promoter is Telegraph Media Group Limited, 111 Buckingham Palace Road, London SW1W 0DT.
news source : http://www.telegraph.co.uk/
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.
