Bike Insurance - More cars may be replaced by motorcyclists as a result of today’s UK economy - 16/06/2008

The UK economy today, with the increase in fuel prices, has led to more people wanting to turn to motorcycles in the future, according to motorcycledirect.co.uk.

The Motor Cycle Industry Association (MCIA) claimed that more people are viewing bikes as an alternative to using other vehicles including public transport as it acts as a cheaper and more practical option.

The MCIA encourages more people to choose this option as a means of fighting off the financial boom of the credit crunch.  

Craig Carey-Clinch, of the MCIA said- “By emphasising the advantages of powered two wheelers, economic uncertainty should give the motorcycle industry an opportunity to get more people onto two wheels.”

He stated that motorcycles are easier to park, will easily beat congestion and most importantly can save time and money.

However, motorcyclists are 40 per cent more likely to be killed than other vehicle drivers.

According to motorinsurance.co.uk, motorcyclists make up for 20 per cent of the deaths and serious injuries on Britain’s roads yet account for only one per cent of the traffic.

The rise in popularity for motorcycles in the UK has led to an increase of driver safety.  In April this year, the Institute of Highway Incorporated Engineers (IHIE) put together an online package to improve the safety of motorcyclists.

Meanwhile, the MCIA revealed that a new scooter and motorcycle licence legislation will be coming into affect this October.

Bookmark with:
  print Print Preview   email E-mail to a friend
 
Comments
Not comments have been posted yet.
 
Do you have something to say? (maximum comment length of 250 characters)

Post your comment
 
 
 
Related News
  08/04/2009 - Bikers told to watch out for potholes. As the long, cold winter finally comes to a close and bikers begin to...
30/03/2009 - Bike riders need to take extra care in Spring. Bike insurance customers have received a warning from a leading insurer, who said that...
27/03/2009 - ‘Road rust’ alert for bikers. As hundreds of people are trying on their leather jackets and dusting off their...
 
Related Guides
  Bike insurance explained. Types of bike insurance cover available Bike theft is one of...
 
Related Articles
  Summer nightmare for bike riders. As the summer months approach motorbike owners are being warned of the perils of...
Why bike schemes aren't popular. Bike schemes are considered by many employers as ideas that sound great in theory...
Insurer survey: Petrol prices remain bikers' biggest fear. A new survey, which attempted to get a broad overview of the motorbike riding...

Bike Insurance News
08/04/2009 - Bikers told to watch out for potholes. As the long, cold winter finally comes to a...
Read More
06/04/2009 - Korean bike insurance prompted. Korean insurance companies are considering selling bike insurance policies...
Read More
03/04/2009 - Bike for life. MPs and the Transport Select committee have come up...
Read More
01/04/2009 - US bike theft figures on the decline. There is good news for US based bike insurance...
Read More
More News >>