Photo: Laurent Dubrule / Reuters
Bad day for the Quebec province automotive insurance board SAAQ, as the Motorcyclist Movement of Quebec files a $100 million (€72.5 mil) lawsuit for discriminating practices.
Michael Mosca, the founder and president of MMQ claims the riders are discriminated against as rates went up as high as 400% in some cases compared to 2008. The rates the provincial insurer cashes in have been pushed up by the huge deficit made public in 2006, with SAAQ reporting a $35 mil income from riders while having to pay $144 mil back (€25,4 mil and 104.45 mil, respectively).
Mosca also founds the lawsuit adding that a huge percent of the accidents involving motorcycles are caused by car drivers and asking the bikers for higher rates is unfair, given the fact that they are not the ones which cause the accidents.
SAAQ spokesman François Remillard declares that lawsuit is a shock for the company as some rates were lowered in 2011 with 3 to 24 percent. In case Mosca's 400% claim is proven to be real, 3% out of a 4 times-higher rate really sounds like either a funny remark or a despising one.
Canada really has a problem with insurance companies and the way they manage the accidents involving bikers. For a more detailed reading, please check the "Mandatory ATGATT? Thanks, but No Thanks" story Autoevolution published in July. And for a very self-explanatory crash involving an innocent rider, also make sure you see this piece of news which went viral during the last couple of days.
Via CMG.
Mosca also founds the lawsuit adding that a huge percent of the accidents involving motorcycles are caused by car drivers and asking the bikers for higher rates is unfair, given the fact that they are not the ones which cause the accidents.
SAAQ spokesman François Remillard declares that lawsuit is a shock for the company as some rates were lowered in 2011 with 3 to 24 percent. In case Mosca's 400% claim is proven to be real, 3% out of a 4 times-higher rate really sounds like either a funny remark or a despising one.
Canada really has a problem with insurance companies and the way they manage the accidents involving bikers. For a more detailed reading, please check the "Mandatory ATGATT? Thanks, but No Thanks" story Autoevolution published in July. And for a very self-explanatory crash involving an innocent rider, also make sure you see this piece of news which went viral during the last couple of days.
Via CMG.
Google News