Motorcycle Insurance

Motorbike riders could spend less on their bills and less time travelling than their four-wheeled counterparts, the findings of a new study suggest.

Martin Bamford, a financial planner commissioned to conduct the research, concluded that motorists using cars could cut their travel costs by around 47 per cent by switching to a motorbike, reports the Press and Journal. He also found that in the average lifetime, four-and-a-half years could be saved using a bike to negotiate traffic jams that trap car drivers. In monetary terms the savings could amount to around £6,500 less spent on travel each year.

This breaks down to around £2,000 reductions in cost in finances, parking costs and the downgrading process, as well as almost £100 less to pay in tax. The study was based on an average commute of 39 miles over a five-day week. Anyone considering making the change from a car to two wheels should ensure that they purchase suitable motorcycle insurance before taking to the road.

Bikers in the UK are set to benefit from a fuel price war between leading supermarkets Asda and Morrisons who both reduced prices this week.

Related articles

Over 300 attend annual bike show
Motorbike prodigy finally allowed to train
Triumph Thunderbird 1600 cruiser unveiled

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.

31/01/12 - Suzuki to make its presence felt at Belfast show. Suzuki has announced that biking enthusiasts in Northern Ireland will get the chance to look at the company's latest products during the Adelaide Motorcycle Show in Belfast.

31/01/12 - Ducati to give Panigale its UK unveiling. British bikers will get the first chance to see Ducati's new superbike this weekend.

Past motorbike news