Link Insurance has launched a young scooter driver policy.
Link chief underwriter Steve Tidd said: "This market has
traditionally suffered losses mainly due to the simple fact that young riders are unaware of the need to properly secure their scooters. Padlocking these bikes is not enough. They're so light that they can be carried away unless attached to a secure fixing. We want to encourage young drivers to take greater responsibility for their possessions - and more importantly, understand the consequences if they don't. Our product financially penalises the rider if their scooter is stolen or lost as a result of not being correctly secured.
"Policyholders must use the Thatcham Cat 3 locking device under the terms of the policy, and all policy documents are accompanied by an information leaflet."
Link has also created a claims handling package and negotiated discounted repairs to support its "lock it or lose it" policy.
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