According to CBC, Saskatchewan provincial insurance body SGI is adding new options that could lower prices for motorcycle riders.
If you look at our stories about motorcycle insurance over the last few years, many of them have been about the ongoing fight over rates in Saskatchewan. The story started in February of 2013, when the government first announced they were considering massive price hikes for the province’s riders. Over the next couple years, many motorcyclists did indeed see huge jumps in their insurance costs. To add insult to injury, some of the solutions SGI offered to riders (mandatory riding gear, or a voluntary onboard telematics program) were just as onerous as the price hike.
Now there might be some relief for riders – sort of. SGI says they’re prepared to offer riders an insurance option with reduced benefits in case of a crash. The reduced benefit package will take away a rider’s right to sue after a crash; as a result, Don McMorris, the government minister in charge of SGI, advised riders to consider their insurance needs very carefully before choosing the third option.
The fact that many of Saskatchewan’s car drivers seem to resent subsidizing motorcycle insurance rates is troubling when considering the long term, though. Any time these stories run in the national media, the comments in the peanut gallery show plenty of Internet tough guys who think motorcycles are death traps that they shouldn’t help to insure – regardless of whether or not cagers are actually responsible for a huge portion of the province’s insurance costs in collisions involving motorcycles. It’s too bad SGI won’t allow private insurance into the province, because if they did, motorcycle rates would no doubt fall, as riders paid their actual costs.