Drivers face compulsory third-party insurance

[homer]

Me and my bike to get third party with Swann = $130 for the year.
Mrs Oakie and her CB250 even with her claim for a stolen bike last year to get third party with Swann = $130 for the year.

We both have comprehensive policies anyway so it's a moot point. Incidentally, the $1000 that's been mentioned for third party would cover both our comprehensive policies for a year.

And yeah, like I'm really going to feel sorry for those people who are riding around on bikes bigger than the current licensing laws allow.

Yep exactly , going back a few years mine for 3rd part was $32 dollars for a year.

excess to me was $800
go check out AMI for a third party
swann other wise

[Ixion]

It might be expensive (or not) but I'm sure the guy who used to own the crashed GS1000 I bought wished he had had TPI. In a moment of inattention he rode into the back of a stopped car which was waiting to turn. He was badly injured (two broken legs) his pillion was concussed, the car he hit was written off and his own bike wrecked. He had no insurance. In addition to the court fine, he had to pay the car owner around $10k.

Pretty much right up to the moment of the crash he had been a fairly good rider, no tickets, no other crashes - the sort who believes he is good enough (and safe enough) not to bother with insurance.

Incidentally I just tried the swann online quote for tpi. Old (55) full licence, no previous insurance, '08KLR650, North island -
Policy Type:
Third Party Only

Annual Premium:
$130.00

https://www.swanninsurance.co.nz/Our...uote/Post.aspx

All very well for those rich enough to afford 2008 model bikes

Swann won't even *QUOTE* on my bikes ! They say "Due to the age of your motorcycle we are unable to provide you with an Online Quote"

So, I infer from that that bikes over a certain age will be uninsiurable and thus not able to be ridden on the road. If you can't afford new, boo sucks.

Moreover, what difference should it make for *third party* what value YOUR bike is (they're not going to be paying out on it) ; or how old it is (same reason). Which I think shows the true attitude of the insurance companies. Weasels, sharks and bloodsuckers are phrases that come to mind.

[The Pastor]

ixion, I think they said the $100 was the current average for 3rd party.

I pay $300 for 3rd party. Per vechical. Crazy excess.

I had an accident while being uninsured. I think it was better than having insurance (I didnt have the money, but i worked overtime to get it).

Ixion, I agree with you on all the points you raised. This is a very bad idea.

IT WILL NOT STOP BAD/DANGEROUS/IDIOT DRIVERS. THEY SIMPLY WONT GET THE INSURANCE.

Now, if they had 3rd party (not incl theft) for anything you drive/own (i.e policy per person, not per car) I would be very happy to have it. If it was the price up to $1000.

[slopster]

I think its a bad idea for the following reasons:
*The price will go up if having it is not an option.
*People will still not be covered if they are driving outside their licence conditions, pissed, driving recklessly etc etc.
*If I have a single rider policy and my mate wants to borrow my bike will he be breaking the law.

People should be able to make their own choices. If you are paranoid about being hit by an uninsured driver you should consider full insurance for yourself.

[Ixion]

ixion, I think they said the $100 was the current average for 3rd party.

...

Now, if they had 3rd party (not incl theft) for anything you drive/own (i.e policy per person, not per car) I would be very happy to have it. If it was the price up to $1000.

So, that $100 will include large corporates and government departemnts who have huge fleets and even huger other insurances. Who cover their own losses and get third party on the fleet thrown in as good will. Like I said, legislation by the rich, for the rich , at the expense of the poor

Personally, I could live with $1000 for third party , on an 'any vehicle' basis. Not going to happen though, the insurance comapnies wouldn't be driving this if they didn't see a bonanza. And for other people , $1000 is money they just don't have . And for what? Nothing whatsoever. It is just a tax , paid to the insurance companies and sent offshore.

[Jiminy]

NEVER hit another vehicle in 40+ years. Never done any damage that I would have claimed for. One speeding ticket in 50 years.

That's what my dad used to say. Until he made a mistake. And then another one.

And yeah, like I'm really going to feel sorry for those people who are riding around on bikes bigger than the current licensing laws allow.

I'm with you on that one.

[blossomsowner]

Crash into someone, no insurance, can't afford to pay them....oh dear...go to gaol, do not collect $200. Same should apply to banned and drink drivers.

As I've already stated a dozen or so times, the threat of a good shag up the arse would make a lot of these arseholes (no pun intended) act a bit more responsibly.

all we need is for the government to stop shagging around and make tough penalties stick..........drink driving........wof, rego, insurance lacking, take the vehicle and sell it.

[pete376403]

All very well for those rich enough to afford 2008 model bikes

Swann won't even *QUOTE* on my bikes ! They say "Due to the age of your motorcycle we are unable to provide you with an Online Quote" I infer from that that bikes over a certain age will be uninsiurable and thus not able to be ridden on the road.

Bit of selective quoting there, Ixion. I just tried an online quote for my 1982 GS1100GK and what is says is:
"Due to the age of your motorcycle we are unable to provide you with an Online Quote. Please contact Swann on 0800-807-926 if you still wish to proceed with a quote for your motorcycle insurance."
So you can ring them to discuss, doesn't say there is a blanket refusal to insure older bikes.

[Coyote]

All very well for those rich enough to afford 2008 model bikes

Swann won't even *QUOTE* on my bikes ! They say "Due to the age of your motorcycle we are unable to provide you with an Online Quote"

So, I infer from that that bikes over a certain age will be uninsiurable and thus not able to be ridden on the road. If you can't afford new, boo sucks.

It's funny that. I'd only consider getting 3rd party on an older, rougher condition vehicle I didn't need to fully cover. I'd have full cover for a new vehicle.

well, I am a communist, and I do indeed have a very deep hatred towards big corporations. Sort of goes with the territory. Don't think you can be a communist and approve of big corporations.

That's what I was thinking. Mmm, this girl is still the best I've ever met but still need to sort things like this out, and get her a bike.

[Ixion]

Bit of selective quoting there, Ixion. I just tried an online quote for my 1982 GS1100GK and what is says is:
"Due to the age of your motorcycle we are unable to provide you with an Online Quote. Please contact Swann on 0800-807-926 if you still wish to proceed with a quote for your motorcycle insurance."
So you can ring them to discuss, doesn't say there is a blanket refusal to insure older bikes.

"if you still wish to proceed". Pretty obvious what the answer is going to be. Yes, they'll insure anything AT A PRICE. But the price is clearly more than they can risk putting up in public. I'm sure that for $10000 a year I can get third party. So farm the only company that's been willing to put up a quote in public is $1000. I think I'm pretty safe in assuming that they're going to be the cheapest, that's why they're willing to quote.

[Owl]

"if you still wish to proceed". Pretty obvious what the answer is going to be. Yes, they'll insure anything AT A PRICE. But the price is clearly more than they can risk putting up in public. I'm sure that for $10000 a year I can get third party. So farm the only company that's been willing to put up a quote in public is $1000. I think I'm pretty safe in assuming that they're going to be the cheapest, that's why they're willing to quote.

How can you say its “obvious” when you haven’t bothered to pick up the phone? Didn’t it cross your mind that maybe the online system is geared to work within certain parameters and your request just falls outside those parameters?

[Ixion]

Obviously my request falls outside their parameters. If they dont have the guts to publish their figures, I'll take a very safe bet that they're horrific. Not to mention that a company so archaic that you have to use a phone to deal with them inspires zero confidence.

I wasn't looking for insurance. I don't want it. But, I went and found a quote. $1000. Now, no company is going to be way out of line with its competition. If it was , it wouldn't stay in business long. So, if one company quotes $1000, it's quite certain that the others will be roughly about the same. Maybe a bit more, a bit less, but around that figure.

Then , a lot of rich people came in and claimed "Oh nonsense, I have a quote from Swann for my nice new bike of only [much smaller sum]". Implication being, that Swann would quote me , too, a [much smaller sum]. Except, they won't . They won't even quote at all. So much for the rich mans' argument. If you're rich and can afford a new bike/car, Swann will quote you a cheap rate. If you're poor and can only afford an old bike, Swann don't want to know you at all, and the only quotes you'll get will be around the $1000 mark . Rich man's law, poor man pays.

The original argument was that third party insurance would only cost $100. The input I have is that is crap.

It's interesting that KB has a LOT of members who are in the insurance industry. Not ONE of them has fronted up int his discussion.

[Motu]

"if you still wish to proceed". Pretty obvious what the answer is going to be. Yes, they'll insure anything AT A PRICE. But the price is clearly more than they can risk putting up in public. I'm sure that for $10000 a year I can get third party. So farm the only company that's been willing to put up a quote in public is $1000. I think I'm pretty safe in assuming that they're going to be the cheapest, that's why they're willing to quote.

I generally drive or ride vehicles off the valuers radar.I pick them up cheap as unrepairable,and then with what to me is fairly small effort turn them into something good.But several times I've had insurers refuse to give me even 3rd party because of the value of my vehicles - $1,000 was the usual cutoff figure.I've either had to trump up the value with lies or run uninsured.Looking on TradeMe my 1990 Diamante is going to struggle to net $1,000,same with the Pajero.....and what will they value the Lada at? This could be another method the Government use to get older vehicles off the road.

[Ixion]

I generally drive or ride vehicles off the valuers radar.I pick them up cheap as unrepairable,and then with what to me is fairly small effort turn them into something good.But several times I've had insurers refuse to give me even 3rd party because of the value of my vehicles - $1,000 was the usual cutoff figure.I've either had to trump up the value with lies or run uninsured.Looking on TradeMe my 1990 Diamante is going to struggle to net $1,000,same with the Pajero.....and what will they value the Lada at? This could be another method the Government use to get older vehicles off the road.

Exactly so. My Pajero wouldn't fetch $1000. But it's registered, Wofed, completely legal. Never hit anything (except a tree, backwards, jumped in front of me it did (well, behind me cos I was sliding backwards down a bank) , and that didn't have insurance - so how is the government going to deal with uninsured trees? )

But because it's of little value the insurance companies won't want to know. "Oh , look, he drives a cheap car. ohh he must be poor. Oh hissss . we don't want to be associated with his sort. Quote him $1000. With a $5000 excess. nassssty poor people, polluting our country, just as well the government apssed those laws to enabel us to drive poor people off the roads. "

[Owl]

I wasn't looking for insurance. I don't want it. But, I went and found a quote. $1000. Now, no company is going to be way out of line with its competition. If it was , it wouldn't stay in business long. So, if one company quotes $1000, it's quite certain that the others will be roughly about the same. Maybe a bit more, a bit less, but around that figure.

Not true!!! Quotes for my bike ranged between $850 and $2300 last year and I'm now paying $560.