Motorcycle Insurance

Bike insurance customers may be interested to know that the cost of motoring has increase substantially over the past few years.

According to the Daily Mail, the price of filling up at the petrol pump, the cost of insurance and servicing and maintaining vehicles has risen by 3.5 per cent in the 12 months to October.

This, the newspaper noted, represents the largest increase in motoring costs seen in the last seven years.

However, a Treasury spokesman claimed that inflation rates have been on average half of those experienced between 1979 and 1997.

Motorcycle Insurance - Great quotes!

"The real cost of motoring is around 15 per cent lower than in 2000, and fuel duty rates are currently 15 per cent lower in real terms than they were in 1999," he remarked.

In related news, the Maidenhead Advertiser reports that petrol prices have increased to nearly record-high levels.

Filling stations in the area have hiked prices up by 5p per litre since April, the newspaper claims.

Commenting on the prices, spokesperson for Shell Olga Gorodilina said: "UK pump prices are the result of a combination of many factors, rising oil prices, VAT and tax, and the fiercely competitive nature of the UK market."

Related articles

Speeding drivers caught out by schoolchildren
Britain's second-hand vehicle bill revealed
Motorists warned of M4 and M5 delays

08/02/12 - Triumph takes award for Motorcycle Live exhibition. Triumph is celebrating after being named the best exhibitor at Britain's leading motorcycle show.

08/02/12 - Yamaha extends low-finance offers. Yamaha has extended the range of motorcycles covered by its Street Wise finance promotion.

01/02/12 - David Robb leaves BMW post. The man responsible for transforming the BMW Motorrad motorcycle brand has left the company after 18 years.

Past motorbike news