Insurance Rate Reductions for AMA Events
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The American Motorcyclist Association (AMA) has announced lower negotiated insurance cost savings of up to 18 percent for AMA event organizers. The new lower rates are geared to make riding and racing more affordable for AMA members everywhere.

Offered by Lockton Affinity, the preferred insurance provider of the AMA, the new program takes effect on March 1, 2012. The current reduction is the second insurance rate drop in six months. On Sept. 29, Lockton Affinity offered rates that were 10 percent lower than previous rates.

“AMA racing and recreational events are the gold standard for amateur motorcycle competition and riding in America,” said Joe Bromley, the director of AMA racing and organizer services. “Our riders, clubs and promoters expect quality customer service and competitive prices, especially in today’s environment.

“That’s why we’re pleased to be in a position to lower costs to the clubs and promoters who sanction their events with the AMA,” he said. “We’re very pleased with the significantly improved class and rate structure, and believe that organizers of AMA events will take advantage of these new savings.”

Some of the benefits of the all-new AMA-endorsed insurance program include:
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Want a better price? Then ask for it
News from Globe and Mail:

Last spring I wanted to buy a used motorcycle from a dealer. I walked into the showroom and a sales associate directed me to the model I was looking for. I asked for the price and he said, “$ 5,000. But there’s probably some wiggle room there.” Let the dance begin.

In some cultures, bargaining is a way of life. It’s not so pervasive here. We often leave money on the table and, ahem, Canadians have a reputation for being polite. In Latin America there is even a colloquialism attributed to this phenomenon: the “Gringo Tax.” Depending on what you are buying, this theoretical tax can add an average of 50 to 300 per cent over regular prices.

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