Motorcycle insurance is extremely important. Anyone who has ever had an accident on their motor bike will realise this. Yet so many riders are willing to gamble with there insurance by not declaring penalty points or modifications, all to save a few more £££'s a year.
The motorbike industry has shown tremendous growth over recent years.
Motorcycle traffic has increased by an estimated 37% between 1994 and 2004, with people turning to motorcycles to beat congestion and to also use them as a leisure activity. The statistics for motorcycle deaths and accidents have currently never been higher due to the large number of motorcyclists now on the road.
A lot of motorcyclists are now making their insurance policy void by not declaring modifications like sports exhausts and sports tuning parts. If you don't declare this information you take the gamble of making your motorcycle insurance invalid. This is the same as having no insurance at all - which of course is illegal, and not declaring modifications or penalty points is classed as insurance fraud.
If a biker is willing to pay extra money for performance parts then they should be will to pay the extra cost for protecting those modifications. They are also modifying there bike to run faster and have better performance so they have a responsibility to other road users including pedestrians to insure their bikes properly.
So the next time you are filling your online motorcycle insurance form ask yourself, is it really worth gambling with motorcycle insurance?
