Motorcyclists to have further choice of injury coverage
Changes planned for next year
May 27, 2015
SGI is providing additional choice in injury coverage for motorcycle owners for the 2016 riding season.
Motorcycle owners can already choose between the full package of No Fault injury benefits and Tort coverage. An additional option, planned to be implemented for the 2016 riding season, will allow motorcycle owners to choose a reduced package of No Fault injury benefits for a lower cost.
“Motorcyclists have asked for more choices in injury coverage, and government and SGI have listened,” Minister responsible for SGI Don McMorris said. “The new option is for motorcycle owners who feel they require fewer benefits in the event of a collision, and because there are fewer benefits, it’s a lower cost. It also ensures that all motorcyclists continue to receive some level of insurance coverage if they’re injured.”
Beginning in 2016, motorcycle owners will have three options for injury coverage:
- the full package of No Fault injury benefits (provides more generous benefit levels); or
- Tort coverage (provides more limited benefit levels but allows you to sue for additional losses from the people who caused the collision); or,
- a reduced package of No Fault injury benefits (provides same level of benefits as under the current Tort product, but without the ability to sue).
The insurance rate for any of the three options is dependent on the make and model of motorcycle, and its history of claims.
“The decision to opt for a reduced package of benefits is one motorcyclists should not take lightly,” said McMorris. “Motorcycles are smaller and more vulnerable than other vehicles on the road, and a collision or fall can result in serious injuries. If you own a motorcycle, I urge you to give this very serious consideration to ensure you have the right coverage to meet your individual needs, as well as those of your family, in the event of an injury.”
The decision to provide the additional option for motorcycle owners stems from feedback received during the comprehensive motorcycle review that took place in 2013, as well as SGI’s review of the automobile injury program last year. Other potential changes to the injury coverage program are still being considered. It is anticipated further decisions will be made by this summer.
Legislation for the additional motorcycle injury option is anticipated to be introduced in Fall 2015, and passed during the Spring 2016 sitting of the Legislature.
Saskatchewan Government Insurance (SGI) is the province's self-sustaining auto insurance fund. SGI operates 21 claims centres and five salvage centres across Saskatchewan with a head office in Regina. SGI also works with a network of nearly 400 motor licence issuers across the province. Customers can now do some transactions online. Look for the MySGI link under Online Services on your motor licence issuer's website or SGI's website.