Insurance

[cowboyz]

I hope you don't mind me correcting your post!



.

my bad. obvously it was a woman driving if th car was damaged!

[dvsfit5]

end of the day ppl full insurance isnt that expensive how much do you love ur bike and riding it 3rd party is a waste of space. its worth paying the money for full is something does happen.

[mister.koz]

I got comprehensive insurance for the main reason that i can't afford to replace my 10r if me or someone else damages it.

A benefit of insurance is that if other driver is at fault, your insurance company stands to loose money so they will fight it. You have a better chance of winning if you are insured. I had some idiot change lanes on me without indicating or looking. I think he was reading a map, there was literally nowhere for me to go. $5k worth of damage to my car, $500 excess. A couple of months later state won the fight and i got my excess back. I don't imagine i would have won the case if i was fighting for myself.

I don't think for a second that i am a perfect rider and that my farts smell like roses, i pay insurance premiums so i am covered in the event that i cause an accident or someone else does.

I do like the idea that if i slide off the road (diesel honest) and take out a power transformer and subsequently a few businesses that the insurance company will protect and cover me for those damages.

But as i explained to the JW's on the weekend, just because their idea of a way of life suits them doesn't mean they need to cram it down my throat. If you like insurance, get it, if you don't..... don't.

[cowboyz]

on the up side, got a call from my insurance broker tonight and have have had my premiums go down as well as my excess halved and full trackday cover.

[motorbyclist]

The bit you are missing is the I am not insured and am willing to pay for my own mistakes. Just because someone chooses not to be insured doesnt mean they are going to not own up to their mistakes.

good on you for being able to afford that, and being a good enough person to own up for an expensive mistake.

BUT, I've met/seen many people simply drive away (one even had insurance but couldn't/wouldn't pay the excess). If 3rd was made mandatory, there would be less motivation for those bastards who simply hit and run to do so, but ultimately full cover (or healthy fiscal status) are the way to go.

the fact is that insurance IS the responsible option for those who cannot afford to otherwise pay for damages to which they may become liable - alternative being to walk or catch the bus.

3rd party isn't a cop out - it's an admission that we're human and will take reasonable means to ensure if we make a mistake or otherwise find ourselves in an "unavoidable" accident, we won't ruin some other person's life.

If i go on a ride and through some retarded manuvuer I take out a 1098 or other overpriced ducati, my insurer will ensure they are compensated.

If on a ride some learner rear ends me or similar, my full cover ensures i am compensated, and i hope for their sake they have 3rd party.

Now, if I could just find something I'd like to actually buy from someone who is not a complete halfwit, unable to operate their computer and digital camera I would have another bike and the matter would be concluded... alas my search for such a vendor has been largely futile.

+1

If you choose not to insure your bike its not because you are a wanker who is going to end up tens of thousands of dollars in debt. It simply means that you have worked out the risk/reward and it doesnt balance out.

it could mean either.

vIt is the insured riders who ride without consequence because it is cheap for them to crash that annoy me.[/QUOTE]

+1

Above insurance should be compedancy in maintainance, or at the very least, trust in a good mechanic to avoid mechanical failures. But you are saying that there is a chance your bike can have a mechanical failure resulting in an accident.

what about those gixxer chassis that snapped in half?

in the past three years I've had three blowouts where the tyre debeaded, all at 100kph - one was an illegal repair made by a previous owner to the front tyre that went mid corner, the other was a bit of road debris putting a large gash in my rear, and the most recent was a tube blowout on a very small bike, riding 2up, which did very nearly result in a nasty crash.

while the last one was almost expected, the first two could not reasonably have been forseen given the circumstances.

mechanical failures are often not something we can predict or prevent, through ignorance of the fault (inexperience is often a factor here when it comes to chains, gearboxes and seizures) or the very nature of the failure itself.

[motorbyclist]

on the up side, got a call from my insurance broker tonight and have have had my premiums go down as well as my excess halved and full trackday cover.

who is that with?

[The Pastor]

andrew your forgetting one main thing about compulsory 3rd party - that costs would rise insanely for no benefit.

Look at all the places that have compulsory 3rd party and see how many of them are cheaper than NZ.

The people who don't have insurance (without the means to pay for it or the repairs) are the kind of people who wont get a wof or rego for the car or do a runner or brake some sort of law which will void their insurance.

what about pizza delivery boys? those cars are all un-insured and there are tons of them out every night.

im not a fan of insurance, but i have 3rd party for both my bike and car as of yesterday. we will see how long it lasts.

Ive also had an accident my fault without insurance, it wasn't a big deal, i paid for and repaired the damage, way way way way quicker than insurance ever would.

compulsory insurance? ignorant argument.

*plays the you don't know how lucky we are song*

[mister.koz]

compulsory insurance? ignorant argument.

*plays the you don't know how lucky we are song*

Dunno about ignorant, from the outset its a good idea but you are right, it doesn't stack up under investigation.

[Squiggles]

Dont know if i could afford the GN's 3rd party going up from $3 a month to $4 if 3rd party was made compulsory... might break the bank.

As a rider in Auckland, its becoming increasingly more risky to not be covered for theft.

[Indiana_Jones]

Making insurance compulsory will do nothing except make my premiums rise.

-Indy

[cowboyz]

who is that with?

kiwibike. not sure who it is actually with yet. still have to get the papers sent out.

[Indiana_Jones]

kiwibike. not sure who it is actually with yet. still have to get the papers sent out.

Swann (maybe one n, can't remember) I believe

-Indy

[cowboyz]

not nessacerily. was with kiwibike last year and it was with star.

[hutchy52]

bike simply are not that unstable. If being 'a tad' off for 'less than 1 sec' will cause you to crash then you should not be riding bikes!

May have been lost in translation so Ill say it again here.

I am not against insurance, I am fully insured. What I am saying is that being insured doesnt negate personal responsibility which should be above all else. If you choose not to insure your bike its not because you are a wanker who is going to end up tens of thousands of dollars in debt. It simply means that you have worked out the risk/reward and it doesnt balance out.

It is the insured riders who ride without consequence because it is cheap for them to crash that annoy me.

I think you'll find that people who have insurance are generally more responsible than those who don't. In most cases people have it for piece of mind that if something does go wrong, they are covered, but there will always be a minority that have it for questionable purposes.

Its similar to why you would wear leathers, not because you are going to do stupid things resulting in an accident, but because you want to know that you will be relatively safe if you do come off. Nobody would wear them if they knew for certain they would never have an accident.

[motorbyclist]

andrew your forgetting one main thing about compulsory 3rd party - that costs would rise insanely for no benefit.

.....

The people who don't have insurance (without the means to pay for it or the repairs) are the kind of people who wont get a wof or rego for the car or do a runner or brake some sort of law which will void their insurance.

i'm well aware of that - made the same case when they suggested it.

If 3rd was made mandatory, there would be less motivation for those bastards who simply hit and run to do so, but ultimately full cover (or healthy fiscal status) is the way to go.