Only 2 Per Cent of Cyclists are Adequately Insured
LONDON April 14 PRNewswire - Over 98 per cent of cyclists may be putting themselves at financial riskbecause they do not have specialist insurance that offers third party coveraccording to the Environmental Transport Association The recent 83 per cent increase in London cycling reflects a two-wheeledrenaissance in urban areas but most cyclists seem unaware that if they areinvolved in an accident that causes damage to a person or property they canfind themselves facing a claim for compensation The Environmental Transport Association is a not-for-profit organisationthat has launched an insurance policy for cyclists which includes thirdparty indemnity cover for theft accidental damage and vandalism legal aidpersonal accident cover and a breakdown recovery service for cyclists Director at the Environmental Transport Association Andrew Davis saidThe fact that over 5 million people take to their bikes each weekillustrates just how safe an activity cycling is but if the worst happensthe last thing you want is a huge claim for compensation landing on yourdoormat Its risky for people to assume that household insurance policieswill cover road traffic collisions as many do not More information about cycling insurance at httpwwwetacouk Notes to editors - Specialist third party insurance for cyclists is a benefit ofmembership offered by CTC LCC BTA and BC These are the only majorspecialist policy providers in the UK and it is estimated thatapproximately 100000 cyclists are covered According to the 2002Household Survey 5million adults cycle each week - Cycling in London has risen 83 since 2000 - almost half-a-million journeys are made by bike in London every day source TfL - Cyclists who request a quote for cycle insurance fromhttpwwwetacouk have the chance to win a one-off 24ct gold-platedbicycle - The Environmental Transport Association is a not-for-profit ethicalbreakdown organisation providing carbon-neutral breakdown cover andinsurance products As well as encouraging responsible driving to reducecarbon the ETA campaigns for sustainable transport httpwwwetacoukEnvironmental Transport Association ETA