Read this and add your thoughts to the debate.
I am not sure if this is just to cover personal injury, or property damage (bike) as well.
I dont think it will encourage geurilla bikers, because no biker will intentionally injure themselves,to collect the insurance payout - the risk of death is too great. Bikers with helmets dont ride more recklessly because they wear helmets. Reckless bikers would still be just as reckless without a helmet.