KB Insurance (aka the bin fund)

[madbikeboy]

Been thinking about this one for a while.

If we set up a fund where KB's could donate a little money - and I'm talking like $10 each - we could have a small pool of money as a hardship grant of sorts.

This wouldn't be for people like me who can afford insurance (just), it would be for newbies and people who use their bikes to commute and have mishaps.

Now, a lot of people on this site already donate time, and most of us don't have money (we're bikers, not rich asshole property developers and lawyers), but there are often posts in here where I wish I had the ability to help out, just a little.

We'd need to determine criteria - but does this idea have legs or what?

[Mikkel]

We'd need to determine criteria - but does this idea have legs or what?

It does have legs...

BUT - setting up a proper fund with all the legalities that it involves is not a small deal AFAIK.

And no, setting it up in any other way will end in tears, bitterness and enmity.

I think the way it is done on KB at the moment is a good way of doing it - where someone just start fundraising of their own initiative.

[madbikeboy]

Yeah, I see your point, and I agree - there will be tears downstream if a charter and guidelines aren't set up in advance. Because it would be voluntary, I think the rules could be quite relaxed.

I would nominate a board of five mods, they would need to have a quorum to allow money to be passed across.

The criteria:
- honest mistake, not a race event etc
- the binner would need to be desperately in need of their bike for work/uni/school
- the money would be used specifically to aid their circumstance (not for new toys, but for real stuff)

...

I'd recommend the following people for a start:
Frosty, umm...

[boostin]

I am studying law and property, guess that counts me out.

[mowgli]

Perhaps you'd be better starting with a poll to see how many of the nearly 10000 members would contribute. I suspect most, like me would not - sorry.

[DougieNZ]

Yeah, I see your point, and I agree - there will be tears downstream if a charter and guidelines aren't set up in advance. Because it would be voluntary, I think the rules could be quite relaxed.

I would nominate a board of five mods, they would need to have a quorum to allow money to be passed across.

The criteria:
- honest mistake, not a race event etc
- the binner would need to be desperately in need of their bike for work/uni/school
- the money would be used specifically to aid their circumstance (not for new toys, but for real stuff)

...

I'd recommend the following people for a start:
Frosty, umm...

I have 3 more:

1. The binner would have to be riding legally in the terms of his/her licence
2. The binner would have to have been riding in a legal manner... i.e. not speeding.
3. The binner would have to supply a good reason why they didn't take personal responsibility and have insurance...

I don't know that we should be encouraging people not to have insurance and/or ride legally because there was a "kiwibiker back up fund"?

Personally I would have no problem contributing for an excess payment, or repairs if it was more economical than paying the excess...

The administration and set up could be a complete nightmare. Maybe it might be better to have an appeal on a case by case basis.

But I believe that all appeals should involve full disclosure of the circumstances... especially if any illegality was involved.

[mowgli]

I don't know that we should be encouraging people not to have insurance and/or ride legally because there wass a "kiwibiker back up fund".

Very well put

[Kittyhawk]

Not a good idea, too many criteria

Speed
Bike size
Licence class
Other motorists involved on the road.

Its what insurance is for anyway....It would turn friends against eachother..

How could you justify and allocate funds on a case by case basis?? Damage done to a 250cc bikes fairings at 50km/hr compared to a litre bike doing the same speed, huge difference in value etc...

Good idea, but I like the idea of if a biker in need/has serious injury etc we do our own fundraising.

[sidecar bob]

Im over propping up broken arsed lazy people that dont understand even the basics of living in society.
My bikes are safe thanks, Count me out.
It would be the usual system, where the contributors are never the beneficaries.
P.S Youre asshole property developers are the same people who have insurance & pay the taxes that keep all the useless bastards on their various benefits, So dont be too harsh on them.
Id also be very grateful if someone could explain what makes the property developers, Lawyers etc assholes.

[Disco Dan]

I like the idea... in principle however has others have said the realitiy not to mentiont the lagalities and fairness would be too much to make it worthwhile.

I would want those people that dart around stunting all the time not allowed access to it for example.

People that openly boast about silly/stunts/overtakes etc etc then all of a sudden they bin and claim they were doing everything legal? How would we know?? Would a witness be needed for each claim? ...then even that person would most likely be a 'mate' and go along with the story anyway!

Sorry too many variables - I would not contribute.

Surely it is better to put $10 asisde for yourself each pay for your own 'insurance' or even better, actually go and get insurance.

[imdying]

What happens if I bin my bike at a race track, then say someone else was riding, then defraud you guys? Would that be the sort of person that could join this scheme? How would you feel if you were ripped off like that?

[Kittyhawk]

Or what if you have been putting into the scheme and never made a claim?

Would you get fully refunded when you decide to pull out?

[doc]

Been thinking about this one for a while.

If we set up a fund where KB's could donate a little money - and I'm talking like $10 each - we could have a small pool of money as a hardship grant of sorts.

This wouldn't be for people like me who can afford insurance (just), it would be for newbies and people who use their bikes to commute and have mishaps.

Now, a lot of people on this site already donate time, and most of us don't have money (we're bikers, not rich asshole property developers and lawyers), but there are often posts in here where I wish I had the ability to help out, just a little.

We'd need to determine criteria - but does this idea have legs or what?

Nice idea, never work. Sorry just my 2c

[Coyote]

Sounds good, in theory. Communism is good, in theory.

[Zuki Bandit]

Good idea, but could get messy.