Post Office launches motorbike insurance for women

Tue, 13 May 2008

As living costs continue to rise, an increasing number of women are thinking about buying a motorbike in order to reduce their spending.

The Post Office claims that one in seven women have considered swapping their car for a motorbike in order to save money and 29 per cent of people who have ridden a motorcycle at some point chose to do so because it was a more inexpensive option.

Over the last 10 years, female bikers have accounted for only 15 per cent of the 1.2 million licensed motorcyclists on the road. However, experts from the University of Huddersfield’s Motorcycle Consumer Research Unit say that the figure is now almost 20 per cent and rising. The Post Office has responded to this research by introducing a new motorbike insurance policy and female motorcyclists will be offered discounts of up to 36 per cent. All new customers will also be given one month’s free insurance .

Post Office head of general insurance, Richard Pennant-Jones, said: "It's clear that squeezes on our finances are making motorcycles an increasingly attractive alternative to cars."
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