
Originally Posted by
Katman
Maybe it's time we accepted the levy increase that has been imposed upon us and now divert our energy towards insuring there are no further increases.The only way we will achieve that is by dramatically reducing the number of motorcycle accidents.
Motorcycle accidents are at an all time low.
The reason ACC hates us, is because on average we are rich.
Your ACC man has to pay you 80% of your income should you be unable to work as a result of an accident.
So, for a Man earning $125,000 a year, his rego buys him $100,000 of income protection insurance.
For the pensioner, his rego buys him $0 of income protection insurance.
The premium for both is the same.
Well, not quite.
I don't pay rego on 5 vehicles, saving me $2500 a year. Its a good deal, as I still get the cover. If I should get caught I will pay the fine, but guess what, its a year without reg in October, and so far no fines.
Even my U turn in front of the checkpoint on Tuesday in Pahiatua did not result in police attention.
Long live ACC, and a model that does not relate your cover, to what you pay.
David must play fair with the other kids, even the idiots.
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