wheelers
22-12-16, 04:58 PM
the ACU along with other motorsport bodies are concerned about the latest EU soundings.
their website/newsletter outlines its concerns but here is the governments consultation papers.
it could end motorsport as insurance risk is too high.
for those who don't want to read, the basics are
"The ruling makes it compulsory for anyone using any form of motorised transport to have third party damage and injury insurance. This will affect all participants in all forms of motorsport."
https://www.gov.uk/government/consultations/motor-insurance-consideration-of-the-vnuk-judgment
the worry is that bike and rider MUST have 3rd party insurance, and we all know how contact motorsport is, everyone will be claiming against all other competitors, resulting in high cost so Insurers will not offer cover, no cover no race.
Background:
The Vnuk judgment imposes compulsory third party injury and damage insurance to all vehicles of any kind when used on any type of land. As well as affecting all motorsport vehicles, it could affect electric bicycles, sit-on lawnmowers, golf buggies, mobility scooters and even uninsured vehicles parked on private property under the Statutory Off-Road Notification scheme. The ruling stems from a case involving a Slovenian farm worker, who was hurt falling from a ladder, which was hit by a reversing tractor.
their website/newsletter outlines its concerns but here is the governments consultation papers.
it could end motorsport as insurance risk is too high.
for those who don't want to read, the basics are
"The ruling makes it compulsory for anyone using any form of motorised transport to have third party damage and injury insurance. This will affect all participants in all forms of motorsport."
https://www.gov.uk/government/consultations/motor-insurance-consideration-of-the-vnuk-judgment
the worry is that bike and rider MUST have 3rd party insurance, and we all know how contact motorsport is, everyone will be claiming against all other competitors, resulting in high cost so Insurers will not offer cover, no cover no race.
Background:
The Vnuk judgment imposes compulsory third party injury and damage insurance to all vehicles of any kind when used on any type of land. As well as affecting all motorsport vehicles, it could affect electric bicycles, sit-on lawnmowers, golf buggies, mobility scooters and even uninsured vehicles parked on private property under the Statutory Off-Road Notification scheme. The ruling stems from a case involving a Slovenian farm worker, who was hurt falling from a ladder, which was hit by a reversing tractor.