The COVID-19 Boom in Motorcycling and Why Insurance is a Must
- Jan 05, 2021
- By Shepard Walton King
- In Motorcycle Insurance
- 0 Comments
Over the last year, we’ve seen and experienced some of the most dramatic changes in our lives due to the COVID-19 pandemic. We saw masks and hand sanitizer as must-haves and daily life disrupted like never before.
In the midst of all of this change, the motorcycle industry saw something it hadn’t experienced in years: booming growth. Let’s go over why this happened and how motorcycle insurance can go a long way.
The Issues Before the Growth
As 2020 began, the motorcycle industry was in disrepair. In fact, apart from manufacturers like Triumph and Indian, most of the big players in the industry were steadily getting worse. The lack of growth was regularly attributed to older riders bowing out of the pastime but not being replaced by new, enthusiastic riders. On top of that, millennials were largely considered the challenging demographic due to their fear of risk and unlikelihood of picking up riding.
An Industry Picks Up
You may have noticed that when COVID-19 hit, the cycling industry began to rise. You could hardly find a bicycle anywhere and that was the case for motorcycles as well! Many former riders took the time during lockdown to rediscover their hobby.
This meant either dusting off their old set of wheels or making their way to a dealership for the latest models. But as the year went on and many people went back to work, the need to avoid mass transit and social distancing remained. This, along with the warm spring and summer months, led to new riders making their way into the motorcycling world.
Ride Safely with Insurance by Contacting Us!
Whether the growth of motorcycling will continue is yet to be seen, but one thing is for certain: the need for motorcycle insurance will remain a top priority for new and old riders. So, if you’re ready to make a motorcycle your day-to-day drive, then Shepard Walton King can help you find a policy that meets your needs. Contact us today to get started!
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