Oh shit - that's gonna cost...

[Tank]

OK - I know that polls on insurance have been done before - but this one has a twist :cool:

Primarily - this is for folk who choose NOT to have insurance.

Lets assume that you have an "at fault" accident - how far would you be willing to go to "make good" for the other owner (assuming significant damage of $20k excluding your bike).

1. I have insurance so its not an issue for me
2. I can drop 20k and would do it immediately
3. I cannot afford 20k but would use cash, sell whats left of my bike /other assets and arrange finance to cover the rest.
4. 20k would be a real financial problem for me and they would have to take me to court to get the money off me at $20 per week
5. Id do whatever I could to get out of paying

[WRT]

Nice take on the insurance issue, a lot of people wonder why their premiums for a cheap vehicle or for third party insurance is so high. Accidents do happen where the rider is at fault (*gasp*) and wind up doing $50,000 worth of damage with their $2,000 bike. Personally, I have insurance, but if I didn't I'd do what I could to make it right if I was in the wrong.

[Colapop]

Having been in that position (not now) They took me to court - Disputes Tribunal. I maintain that I wasn't at fault but the judgement went against me. I owed $4k. No right of appealling the decision except on procedural grounds. They can now enforce those orders but the winner has to go through the courts for collection.

The question you're asking though is, would I pay if I was at fault and could afford it? Yes. IF I was at fault.

[jim.cox]

Third party insurance costs me around $23 per annum

Thats less than what it takes to fill the tank

Why would you not have it?

( I dont have full accident cover because of the cost)

[hellkat]

Ever since the day that mr hellkat (uninsured to drive a car at the time) was literally only moving my car from one space to another on the street outside my house, and accidentally pranged a Porsche, which ended up costing him £400 in cash for a TINY LITTLE DING ... I've advocated the benefits of motor vehicle insurance.

I am still reeling from discovering the fact that you aren't legally obliged to have even third-party insurance in this country. I had to drive my dad's car back from his work the other day, and was pleased to discover that under their general works vehicle policy, I'm covered to drive it.
*phew*

[BOGAR]

Have Insurance but if i choose not to, 20k would be a huge problem for me. Rather have it then not. Costs me $550 yr for full but will change to 3rd party when bike is not as valuable. At least have 3rd because the insurance company may help even if it goes to small claims. which it did with me. she was at fault but made me out to be a bad uni student who was driving reckless so she got off and the only reason she did that was because of the insurance company telling her to. i just stated the facts and got :buggerd: for it.
Don't ever place nice, they will rip out your jugular the second your put your guard down.

[Kinje]

Even if I didn't have comprehensive insurance I'd want third party. If I was at fault without it, then I don't know what I'd do, and I don't even like thinking about it. Riding un-insured is not an option.

[imdying]

I've got full insurance, but I ticked the last box... no matter what the circumstances, I'll do my best to get out of paying. No way I'll admit fault, even I was at fault. There's every chance I'll be able to cheat my way out of paying the excess so I've gotta at least try! :D

[Motu]

Dunno where I fit in the poll,so didn't do it.I've run uninsured for decades without problems - the only time I was in an incident where the damage was my fault I offered the insurance company about half what they wanted cash,and they took it.

As most of the vehicles I've used have had practically no monetary value it has been hard to get even 3rd party at times,so running with no insurance is not often my own choice.I only have one uninsured vehicle at the moment,and as it's not registered under my name I'll just step out and walk away.

I've always taken the view that I'm responsible for any damage I do to other vehicles.....this makes me a little more cautious than fully insured people on the road I suspect....like who cares,it'll all be done for me.A few years ago I plowed my Pajero into the side of a near new Falcon who decided he could make a new lane on the inside.He just shrugged his shoulders as we exchanged details,and then drove off.Next week he took it to the panelbeaters and got a courtesy car for a week....no big deal,there is no need for him to be responsible.

[CookMySock]

If I hit someone elses' vehicle they better be insured. If someone hits MY vehicle, they better be insured LOL.

It's not about insurance, or who is right and wrong, its about how much of an asshole you want to be. If you want to sit and cry, then sit and cry. If you want to bash the fucker until you get paid, then do it.

HTFU and dont cry.

DB

[Katman]

Where's the option of "thanks anyway, but I'm an accident free zone". :msn-wink:

[CookMySock]

cmon people, reply to katman and my troll posts.. :bleh:

DB

[Mike748]

Where's the option of "thanks anyway, but I'm an accident free zone". :msn-wink:

Hmmm, Unless you never go out it's more like when you have an accident not if.
All you can do is make sure you give yourself the best possible chance to walk away.

I will always have insurance even if it is only 3rd party.

[Mike748]

cmon people, reply to katman and my troll posts.. :bleh:

DB

Looks like you scared all the fish away :wait:

[nallac]

I took the i can't afford the 20k but would try to pay option #3.
well i'm uninsured cause i'm to lazy/can't afford to pay.(well can't afford not to be!)
but if i have an accident and its my fault i won't hesitate to try and pay
for it,however i can.
Because i believe in doing whats right by me and others.

[slimjim]

yup even insurance company's will try to screw ya's , til ya's go too high court and thier clients then tell another story, humm so yup full cover is fuck ass cheap , why ride with worry, when riding is about freedom in all case's one's self choice , one's life style , and the other side is , the wife is covered so she aren't worried either , and that's a fucking god send

[CookMySock]

i believe in doing whats right by me and others.I used to believe this too. But everyone else did what they believed was right, without care or consequence as far as I was concerned, I got shafted every time.

One day I got done one time too many, and I angrily and rudely told them to FUCK OFF and now they treat me with respect and don't try to rip me off - treat me as peer even.

So now I do whats right for me.

DB

[nallac]

I used to believe this too. But everyone else did what they believed was right, without care or consequence as far as I was concerned, I got shafted every time.

One day I got done one time too many, and I angrily and rudely told them to FUCK OFF and now they treat me with respect and don't try to rip me off - treat me as peer even.

So now I do whats right for me.

DB

oh hell yes if the shit hits the fan I'm all for me and only me
fuck every one else,
if any one tries to screw with me or my friends /family they better watch out.

but have to give em the benifit of the doubt first.

[Shadows]

Lets assume that you have an "at fault" accident - how far would you be willing to go to "make good" for the other owner (assuming significant damage of $20k excluding your bike).


What the fuck are you on about? Its always the cager's fault isn't it?

[Bren]

Well, I have been driving/riding for over 20 years now, and the only time I have been insured were in my first five years...I have NEVER had an accident in a cage and only a couple of small bins on a bike (and that was when I was insured). I have never claimed insurance as the cost of repairs was less than my excess...

[McJim]

I have fully comp on 2 bikes. The premiums are going down.

I have had terrible luck in NZ so far. I have been hit by uninsured drivers twice and have had difficulties with my own insurers on each occasion (funnily enough I don't use those insurance companies any more....)

I wish every other fucker was insured.

As far as making me dride carelessly? The cost of premiums will rise and eclipse any benefit so I ride just as carefully as if I had no insurance. My motivation is to replace my bike when I get hit by another uninsured fuckwit.

[TOTO]

insurance all the way !

[Renegade]

Having been in that position (not now) They took me to court - Disputes Tribunal. I maintain that I wasn't at fault but the judgement went against me. I owed $4k. No right of appealling the decision except on procedural grounds. They can now enforce those orders but the winner has to go through the courts for collection.

The question you're asking though is, would I pay if I was at fault and could afford it? Yes. IF I was at fault.

cola makes a good point in the fact that IF YOU BELEIVE / ACCEPT you were at fault unlike cola, what would you do? i voted option 3 if in that situation, but im covered by option 1.

[Gremlin]

If I hit someone elses' vehicle they better be insured. If someone hits MY vehicle, they better be insured LOL.

HTFU and dont cry.
I'll bite...

A mate, riding home at night after work. Car pulls out of driveway right in front of him, guy was drunk (and uninsured). Mate pretty much totals bike and ruins front end of car, guy runs. Cops catch him, goes to court etc, guy is guilty, has to pay my mate $10 a week.

Never saw a single payment.

[CookMySock]

I'll bite...

[yeah yeah yeah]

Never saw a single payment.message for said mate ;

SHARPEN UP DOOD !! YOU GOT RIPPED OFF ! The stupid moron pisshead that hit him was laughing all the way to the pub.

If someone breaks something of yours, go and angrily grab them by the fucken neck and talk to them through your teeth, and dont let go until they pay up. or just go cry, sweetie..

If you want to insure, then insure. If you dont then HTFU and dont let people push you around, Son.

DB

[nallac]

two broken legs will soon fix the no payments.

[Tank]

message for said mate ;

SHARPEN UP DOOD !! YOU GOT RIPPED OFF ! The stupid moron pisshead that hit him was laughing all the way to the pub.

If someone breaks something of yours, go and angrily grab them by the fucken neck and talk to them through your teeth, and dont let go until they pay up. or just go cry, sweetie..

If you want to insure, then insure. If you dont then HTFU and dont let people push you around, Son.

DB


two broken legs will soon fix the no payments.


Yeah - that works in the real world - wake up.

1/2 the time the 'other guy' is going to be bigger than you, 1/2 the time the guy wont have the money anyway - so you cant get blood out of a stone, and the other (um) 1/2 of the time you get done for assault and get worse punishment than the guy who caused the accident.

HTFU ? Get real more like it.

[Squiggles]

$26 a year to cover my run to and from uni and around the streets of auckland on a gn, thats 3rd of course, but living in the middle of 4wd territory and amongst several schools, i'd rather be safe than sorry ;) the tl on the otherhand, full cover all the way, because it took long enough to afford it for me to not want some cunt to take it all away with no comeback :mad:

[The Pastor]

I didnt have insurance when i binned my bike into a car.

I fully paid for the repair work + a little extra to make it nice.

It was less than my insurance exess + yearly annum would cost.

That was my 2nd no insurance at fault accident

In my experiance, no insurance isnt as bad as people make out - although it would be nice to have it. (and i try to have it whenever possiable)