Live Insurance News

New motorcycle insurance options launched by SGI

June 5, 2015June 4, 2015 Julie Campbell

The changes to the available coverage have been sparking controversy among riders since they were first proposed in 2013. The Government of Saskatchewan, a province of Canada, has now announced that it will be adding more motorcycle insurance options for riders throughout the region, in a move that had first been proposed two years ago. Back when the idea was first suggested, in 2013, many riders expressed anger about the changes. The Saskatchewan Government Insurance (SGI) made this announcement, saying that a new third option will be opening up for…

Insurance coverage lacking among motorcycles in India

May 25, 2015May 23, 2015 G. Turner

scooter two wheeler auto insurance coverage

Accidents involving any of 75 percent of riders provide no compensation to the victims. Two wheelers – including both motorcycles and scooters – are a very common vehicle in India, but recently released statistics have revealed that almost 75 percent of those riders are operating their vehicles without any type of insurance coverage, which is placing other road users at risk. This is particularly risky for other two-wheelers, cyclists, and pedestrians who don’t have protection. This data has been released by the Insurance Regulatory Development Authority (IRDA). This lack of…

Motorcycle insurance and a license could save your life

April 17, 2014April 17, 2014 G. Turner

A recent study showed that 36 percent of traffic fatalities in Wisconsin were from unlicensed motorcyclists. As much as people have always been told that having a license and motorcycle insurancef is very important to safety, a recent study conducted in Wisconsin has shown that people who are unlicensed are getting killed on the state’s highways in large numbers every year. The study looked into the last ten years and about 36 percent of the fatalities involved unlicensed operators. This helps to explain why the two most highly recommended safety…

Usage based insurance pilot program being tested on motorcycles

June 7, 2013June 5, 2013 Julie Campbell

The test will be performed by SGI, which makes it among the first in the world to use telematics on these vehicles. SGI (Saskatchewan Government Insurance) has announced its proposal to begin a program that will apply usage based insurance technology to policies that cover motorcycles, joining the very first in the world to take this step. Only a small handful of other companies across the globe have intentions to test telematics for motorcycles. Usage based insurance technology functions by installing a small device into a vehicle in order to…

Motorcycle insurance could ease significant cost burden

July 17, 2012July 16, 2012 Marc

Crashes are leading to significant expense for states. The importance of motorcycle insurance has been brought to the forefront of Indiana’s attention following a series of tragic accidents that have left several riders dead in the northeast of the state this summer. It is also making state lawmakers consider making helmets a required precaution. This would add Indiana to the list of 20 other states that maintain this requirement. However, not every state finds it easy to put these rules into place. Many bikers feel that they should have the…