In 2007 alone, 1000’s of Chinese bikes, scooters and mopeds were imported into the UK. This seems to be a growing trend, with more and more manufacturers importing them into the UK. Currently an estimated 450 separate manufacturer’s import into the country and this grows every year. With this in mind, more insurers are joining the game to get these insured. However, import bike insurance can still be difficult to find.

So why buy a Chinese import bike? For one, they are generally half the price of a standard moped or scooter; this is despite the import costs. They are normally based on current mopeds and scooters manufactured by major companies, just with a different name on them. These are also known as replica bikes. A majority of these bikes will need registering in the UK, at a cost of 55.00, pounds a small price to pay considering the cheaper cost for the bike itself.

Import bike insurance can be tough to find, a majority of insurers and brokers have never heard of the vehicle you’re looking to insure, and that’s usually where the conversation ends. However, with the popularity of these scooters and mopeds, more and more insurers are providing competitive schemes to support the demand on these types of vehicles.

One of the main problems with import bikes and in particular the import bike insurance is that many of these vehicles parts are not readily available. In the event of a claim and the bike needs repairing, it is difficult and costly for the insurer to source the parts and authorised repairers. That is why many of the insurers will opt out of offering a fully comprehensive quotation, or they may offer an expensive quote, often more than the value of the vehicle itself.

As many import bikes, scooters and mopeds are based on current models manufactured by major names such as Honda, Suzuki and Yamaha. The parts and spares can be easily picked up at the usual local repairer. This all helps with the insurance side of things, but with over 450 different import manufacturers, you can imagine how difficult the parts are to find.

Another problem with import bikes, scooters and mopeds, is that they require registering in the UK. Many are sold without first being registered. However, before registering a vehicle, it requires insurance, and many insurers will not insure without a registration number plate, a perfect catch 22 situation. Although many insures understand this and are providing this insurance, it still can be difficult to track this type of insurance cover down.

The most popular scooter on the road today, is the Baotian BT 50cc, an import bike, over 1000 were imported during 2007, figures supplied by the MCIA (The Motor Cycle Industry Association Limited). This gives you an idea of just how popular these bikes are, out selling major manufacturers like Honda, Suzuki and Yamaha.

You may ask yourself, where can I buy these bikes? Well, many local dealers are starting to sell them, and there are plenty of bargains available on EBay’s auction site. The majority are sold through internet only bike shops, delivered direct to your door, again this promotes the problem of repairs and spare parts, many of these vehicles are not sold with any warranty.

In short, these bikes, scooters and mopeds are a perfect way of commuting to and from work. They are cheap to buy, cheap to run, very economical, and parking is generally not a problem, and with more insurers realising the demand on these bikes, they are helping on the insurance availability, cost and cover provided.



By: highposition

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A BASIC GUIDE TO FAMILY HEALTH INSURANCE

Family health insurance is less costly than individual health insurance. People who choose family health insurance have to pay the entire cost of the regular premiums themselves. For some people this may work out to be less than the premium they have been paying for the employers’ group plan. One of the most important points that consumers should know is that all money spent on the insurance premiums are 100% tax deductible.

Need For Family Health Insurance

In today financial climate, it is imperative that one’s family is protected in case of events that require medical attention. This is one of the most important reasons for family health insurance. Family health insurance is the sure way of making sure that the family is covered for hospitalization, medicines, surgery, tests and other treatments based on the coverage of the health insurance in case of a medical emergencies.

Main Two Types of Family Health Insurance Plans

There are two main categories of Family Health Insurance Plans:

Indemnity Plans – Provides a wider choice of doctors and hospitals. However, consumer has to pay bills upfront and claim from the insurance company later. Insurance company pays at the UCR (Usual, Customary and Reasonable) rate. This type of insurance plan is typically more expensive with high deductibles and premiums.

Managed Care plans – Provides limited choice of doctors and hospitals hence there is no flexibility for consumers. If consumer does go to the doctor and hospital within the network of the plan, he or she will have to pay the bill and claim from the insurance company later. This type of insurance plans has less coverage but they are more affordable than indemnity plans.

For Families In Need

For families who are in the low income bracket, getting a Medicaid and Medicare health insurance plans through the government might be the best choice. This insurance ensures that families get the medical care required at little or no cost. This insurance is also available for elderly or disabled people. Consumers should contact the local federal government agent or Department of Human Services to find out if they qualify for the insurance. They will be able to tell what benefits the consumers are entitled to.

Consumers should take into consideration the medical needs of each person in the family before choosing the family health insurance plans that suits them. With research, it is definitely possible to find the right family health insurance plan for your family at a reasonable cost.



By: Uma A Ilango

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Student Loan Consolidation Program