You are here: Home - Insurance - News -

Will cyclists need insurance?

Written by: Emma Lunn
A shake up of road rules could see cyclists facing speed limits, needing number plates, and being required to have insurance.

The government is considering introducing similar laws to which drivers have to stick to on the roads.

The new rules could include speed limits, especially in 20mph zones. This would mean that cyclists would need number plates or another form of identification for enforcement purposes. Cyclists who break the rules could face fines and points on their license.

Transport secretary Grant Shapps has called for a government review of how cyclists who flout the law can be tracked down by police.

As part of the study, ministers will also consider mandatory insurance for cyclists, so that anyone injured by a reckless cyclist could secure compensation.

There are also proposals for a new offence of death by dangerous cycling. At the moment, cyclists can only be jailed for a maximum of two years if their actions result in someone’s death, but motorists can be jailed for life.

Shapps told the Daily Mail: “Somewhere where cyclists are actually not breaking the law is when they speed, and that cannot be right, so I absolutely propose extending speed limit restrictions to cyclists. I don’t want to stop people from getting on their bike, it’s a fantastic way to travel, and we’ve seen a big explosion of cycling during Covid and since. But I see no reason why cyclists should break the road laws and be able to get away with it.”

According to Cycling UK, cash strapped consumers are turning to cycling to save money. Compared to last year, cycling levels in England rose by 47% on weekdays and 27% on weekends in the five months to the end of July

The rise has been simultaneous with the hike in fuel prices, strongly suggesting people want to cycle more for many reasons, including to save money.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

How to help others and donate to food banks this winter

This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...

Your rights for refunds if travel is affected by strikes

There have been a wave of strikes this year across many different industries, and more are planned over Christ...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week

Privacy Preference Center