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Motorcycle insurance hikes to be amended

Saskatchewan Premier Brad Wall has said that the government will amend its application for a rate hike on motorcycle insurance premiums.

Riders were very vocal about their displeasure with SGI's proposed insurance rate increases.

Under the initial proposal, an average rider would have seen a 73 per cent hike for motorcycle insurance. Some riders would have seen their insurance bills triple.

"We've heard pretty loud and clear from people," Wall said Tuesday. "I think there needs to be a reasoned approach."

Wall hopes to find a way to reduce the impact of rate hikes on riders. The plan still needs to address the costs associated with motorcycle insurance.

"We'll contemplate both things: both what do we do now to prevent this rate shock but also what do we do long-term to provide more options to riders and still respect the Autofund and others that don't want to subsidize any other class of drivers," Wall said.

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