Saturday, June 7, 2008

Bike Insurance - Brits may turn to motorbikes to save money

Motorists could save money during the credit crisis by swapping four wheels for two, the AA has suggested. Using a motorcycle to get around could prove to be a cheaper option than a car as bike insurance is usually less costly than car cover and motorcyclists also avoid having to fork out for congestion charges. It is also far easier to park a motorbike which is another advantage it has over its four wheeled brother.

AA public relations manager, Ian Crowder, has predicted that the economically friendly motorcycle will become more popular on Britain’s roads as motorists look to save money.
“I don’t think we are going to see huge increased numbers of bikes used but I think a lot of people have a bike as a second vehicle rather than a sole vehicle,” said Mr Crowder. Around one-in-seven woman would consider abandoning their car in favour of a motorcycle for financial reasons, a recent Post office survey has found.

news source : http://www.onlyfinance.com/

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