SASKATCHEWAN, Canada - Saskatchewan Government Insurance has proposed lifting a cap on motorcycle insurance rates that could send insurance costs up by an average of 73 per cent.
The agency is justifying the proposed rate hike for motorcycles by saying there is a wide gap between what they take in from motorcyclists in fees versus what they pay out for their at-fault collisions.
Rates for other vehicles have would still be capped.
Riders told the Canadian Press the proposed fee is unfair, and that consumers would be outraged if they faced a similar rate hike for utilities or other essentials.
Posted by Holly Wagner