Throughout the United Kingdom, a rising number of people are biking to their destinations. In the U.K., cycling has become notably more popular for people who want to travel a short distance without using their cars, and this has led to a growth in the number of customers who are purchasing bicycle insurance policies. According to the customer data that has been released by Aviva, those numbers have risen considerably. In fact, according to the bicycle insurance figures that were produced by Aviva, there has been a growth of 75…
Read MoreCategory: Recreational Vehicles
From RV insurance to motorcycle policies, and everything in between, consumers and industry trends reflect how insurance for recreational vehicles are a great way to enhance any agency revenue as well as help to educate clients.
Moped insurance mandate in North Carolina gets Senate panel support
Lawmakers in the state have now required that riders start to register their vehicles in July. A Senate panel in North Carolina has now laid down the requirement that will bring the state one step closer to mandated moped insurance as riders of the devices will need to register their vehicles as of next year. These small engine bicycles will soon be included among the vehicles that will require insurance. Last week, a Senate committee agreed with a House bill that said that a moped insurance requirement would also go…
Read MoreNew motorcycle insurance options launched by SGI
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…
Read MoreInsurance company sues Winnebago for recreational vehicle fire
The insurer has now filed a grievance on behalf of its client against the massive RV manufacturer. Progressive Classic Insurance Company has now sued Winnebago industries on behalf of its Cleveland, Ohio client, Jerry Harry, at a Mason Circuit Court, with a claim of negligence in a fire that occurred in the RV of the client in 2013. The filing said that a recreational vehicle was purchased by Harry and RV insurance was purchased through Progressive. The vehicle in question is a 2012 Winnebago Vista 35F. It was purchased in…
Read MoreInsurance fraud plea deal keeps Ted Lilly out of jail
The former MLB pitcher has accepted a plea deal in California in order to keep himself out of prison. Recently, Live Insurance News reported on the case of Ted Lilly, who was charged with insurance fraud and who was facing jail time as a part of his sentence for defrauding insurers. This case in California has taken a new turn, now that the former MLB player has accepted a plea deal. Although Lilly did not actually appear in the California court, the attorney representing him entered a no contest plea…
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