A 15% increase in Two-Wheeled Vehicle Insurance Rates

One of the Green Leaf Party’s “aspirations,” in the last national elections, was the reduction of insurance rates for motorcycles and motorcyclists. You, especially, young Tel-Avivians, decided to give your vote to the “Retiree” Party, which had failed to help even those who have reached their golden-years. Now, it is all of us, who are paying the price.

In accordance with the reform program, the Finance Ministry is heading, Two-Wheeled Vehicle Insurance Rates have changed, as of December, with an average increase of 15%. And who are those most hurt by this reform? Naturally, the owners of 50 cc engine mopeds, who had paid 1,704 NIS annually, up to now, and from now on, will pay 2,450 NIS.

Ministry of Finance ? Insurance

Article in Ynet (Hebrew)

3 Responses to “A 15% increase in Two-Wheeled Vehicle Insurance Rates”

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