Insuring a moped is not always necessary as it is only a few cities that require them to be insured whilst being ridden; insurance is not a countrywide necessity for mopeds to be ridden on the open roads. Of course though, due to the relatively small size of mopeds, they are usually only ridden in the cities or towns and not the open roads. Even though most mopeds do not really go any faster than a traditional bicycle, some people feel happier if they do have insurance whilst riding a moped and so for them, moped insurance is available from many of the insurance companies. For those that do , value moped insurance usually the best way to find it is to hire an insurance broker who will find you the cheapest or the best, whichever you prefer. In the UK, a broker is different from an insurance agent as where an insurance agent works for a particular insurance company, a broker does not and so is free to peruse any insurance policy offered by any insurance company. A broker therefore works for you and since 1977 has been regulated to ensure that they do have their client’s best interests as their first priority. Some brokers specialize in insurance policies for two wheel means of transport but are obviously kept busier looking for insurance for scooters or motorcycles as they do, by law, need to have insurance before they can be ridden on any road, anywhere in the country. The reason why people have this type of insurance, apart of course from it being illegal not to, is because if they are involved in an accident, there could be lots of money that is needed to be paid out for damages or injuries, even in compensation if anybody died. Not many of us would have that sort of cash readily available and the injuries and damages need to be taken care of immediately. It is therefore the insurance companies that pay out the cash but many of them will retrieve some of the money they spend by increasing the amount you pay for their insurance. Although we may think we are safe drivers, an accident can occur at any time to anyone of us and so having insurance really is a good thing, even if at times it seems an expense we could do without. As it is against the law to drive without insurance, there are a lot of insurance policies taken out each year and so all the insurance companies want a piece of the action by offering vehicle insurance. This means that if we were to investigate all the policies on our own, it could take us almost forever. A broker though already knows most of the policies available and can quickly find out about any they are not yet aware of and so using a broker can save a lot of time and almost as often, also save us money by finding the best for our particular needs.