View Full Version : Fkn pissed off
Hotchefnz
31st July 2010, 12:58
Had some extra cash so registered the bike for a year. 1st July 2010 through to 2011.
Three weeks ago was done by a hit & run driver - bikes been written off, so as part of the process ask about the rego,
Low and behold NO am not intitled to a refund either from the insurance company or Land Transport - what the F*#@K.............
As the bike is written off I'm sure they will deregister it - so why no refund on the years rego or part of it.
I'm I wrong in thinking this is a rip - ?
DarkLord
31st July 2010, 13:01
Same thing happened to me. I re-registered my Hyosung back in 2008 for a year and crashed the thing a few days later and completely wrote it off.
To my knowledge there is bugger all you can do about it except cut your losses and move on. I know how frustrating it is, I was so pissed off but eventually I just had to get over it and move on unfortunately.
AllanB
31st July 2010, 13:08
Hyosung back in 2008 for a year and crashed the thing a few days later and completely wrote it off.
At least there was a positive in your story - now you have a SV!
The insurance company will claim the rego $ back when they deregister the bike - they will do this as they take ownership of it when they write it off. I presume a uninsured private individual who deregistered their bike could do the same.
MSTRS
31st July 2010, 13:22
Technically, when a bike is written off, it becomes the property of the insurer, once they have paid out. They get to deregister it and collect the unused portion of the rego fee/s.
However, it doesn't always work out that way. I had a bike written off, that I wished to purchase back. The insurer had no problem with that, but wouldn't process the payout/purchase back until I sent them proof of deregistering. I got the refund from LTSA. The bike never actually left my possession.
Either way, the unused portion of registration IS refunded - to the legal owner/owner as on the papers.
FJRider
31st July 2010, 13:27
The insurance company will claim the rego $ back when they deregister the bike - they will do this as they take ownership of it when they write it off. I presume a uninsured private individual who deregistered their bike could do the same.
If you buy a currently registered bike (ie: for the track) ... you can claim back the unused rego when you deregister it ...
If you can ... why can't they ???
Old Steve
31st July 2010, 18:18
I think you de-register a vehicle then re-register it if you put personalised plates on. So you must be able to de-register and get the unused portion of your registration back. I'd say this is a matter of current ownership, the bike will be de-registered by the insurance co - bet they don't pass that on to you.
Deano
31st July 2010, 18:42
If it makes ya feel better, throw a brick through their window......:innocent:
FJRider
31st July 2010, 20:02
I think you de-register a vehicle then re-register it if you put personalised plates on. So you must be able to de-register and get the unused portion of your registration back. I'd say this is a matter of current ownership, the bike will be de-registered by the insurance co - bet they don't pass that on to you.
Not quite ... personalised plates are no different than getting new plates after one is lost (around $9.00 from memory) ... I lost a bike one and 5 minutes at A.M.I. and I was bolting the new one on.
Deregistering means removing all details (of the bike) from the system.
Hitcher
31st July 2010, 20:49
Low and behold
Lo and behold.
robinm
31st July 2010, 20:55
was involved in an accident last year, bike was written off. I had only relicensed it that morning.I did a deal with the insurance assessor, retained ownership of the bike and accepted a lower pay out figure. The bike did not get deregistered. The only real bummer was that I had only put 3 months rego on it at the time, and although I rebuilt the bike well within the 3 month period, I never got to use it due to having my leg in plaster for those 3 months.
SMOKEU
1st August 2010, 11:44
When I wrote one off my cars off I deregisterd it and a few weeks later I got a cheque in the mail for the remainder of the licence fees that I had paid.
MSTRS
1st August 2010, 11:53
I think you de-register a vehicle then re-register it if you put personalised plates on. So you must be able to de-register and get the unused portion of your registration back. I'd say this is a matter of current ownership, the bike will be de-registered by the insurance co - bet they don't pass that on to you.
Nope. That's just a change of plate number in the records. It's still known as Continuous Licencing in the system.
Be very careful before you deregister a vehicle. If you intend to put it back on the road, you will be up for a full revin, with all the associated costs like brake checks. Plus there'll be a note in the NZTA's system, which is a red flag to prospective buyers who check. Can make a big difference to the vehicle's value. Have you not been watching FairGo?
Better to put the rego on hold, if you can.
Drew
1st August 2010, 12:07
Lo and behold.Pedant .
davebullet
1st August 2010, 12:35
Had some extra cash so registered the bike for a year. 1st July 2010 through to 2011.
Three weeks ago was done by a hit & run driver - bikes been written off, so as part of the process ask about the rego,
Low and behold NO am not intitled to a refund either from the insurance company or Land Transport - what the F*#@K.............
As the bike is written off I'm sure they will deregister it - so why no refund on the years rego or part of it.
I'm I wrong in thinking this is a rip - ?
Hey - did I bump into you in a Featherston cafe (can't remember the name) a month ago? You were trying to eat breakfast and the owner's kid was interrogating you. I had Mrs B (interrogating me). I had the blue SV outside next to your Mille. If so - damn sorry to hear about you and your bike!
Hotchefnz
1st August 2010, 17:48
Hey - did I bump into you in a Featherston cafe (can't remember the name) a month ago? You were trying to eat breakfast and the owner's kid was interrogating you. I had Mrs B (interrogating me). I had the blue SV outside next to your Mille. If so - damn sorry to hear about you and your bike!
No not me - yeah pretty gutted its gone - bloody great bike, reliable, and a shame to see it go.
far queue
2nd August 2010, 21:39
Technically, when a bike is written off, it becomes the property of the insurer, once they have paid out. They get to deregister it and collect the unused portion of the rego fee/s...
Either way, the unused portion of registration IS refunded - to the legal owner/owner as on the papers.
This is correct, AND ... I've highlghted the important bit for you. The bike belongs to you, NOT the insurance company, untill such time that the insurance company purchases the bike off you by paying you out. So while the bike still belongs to you I suggest you pop along to your local post shop or whatever and cancel the registration and thus get your remaining registration fees refunded to you. Oh, and I wouldn't bother mentioning your intentions to your insurance company either lest they beat you to it. Let them find out for themselves when they try and deregister it further down the track.
I found all this out a while ago when a mate wrote off his work van. He found out the rules and also found out that the insurance assessor (in his case) was deregistering vehicles and pocketing the refunds as a perk for himself. The assessor was NOT happy when he found out he'd missed out on that particular perk.
So get on to it tout suite mate and go get your money back.
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