Insurance! Who has it and how much?

**imdying** · 19th October 2007, 10:15

Bike is with Vero, via the broker David Golightly, whom I'm sure many of you know or deal with. Told me a little fact that I wasn't aware of... as I already have insurance with them, any additional bike I buy is automatically covered for 30 days on the first policy. Will have to look up my policy to read the fine print, but that's a nice thing if you go and buy a bike on a whim on a weekend

**James Deuce** · 19th October 2007, 11:04

Originally Posted by Edbear

The number of people dying on waiting lists? Up 128% in the last five years despite the Govt. pouring billions more into health.

They haven't poured billions into health care, they've poured billions into administering and benchmarking health services.

**Edbear** · 19th October 2007, 11:46

Originally Posted by Jim2

They haven't poured billions into health care, they've poured billions into administering and benchmarking health services.

Shhhhh!!! You'll blow their credibility....

**Swoop** · 19th October 2007, 13:15

Originally Posted by Edbear

Shhhhh!!! You'll blow their credibility....

The gubbinment have underspent by half a billion dollars on the health budget this year.
Guess where that went... Cullens "bribes for votes" fund...

**Edbear** · 19th October 2007, 18:47

Originally Posted by Mikkel

Everyone who isn't a complete asshole will have 3rd party insurance period.

As for myself and my partner - comprehensive cover on both car and bike, contents insurance and health insurance. And it's not *that* expensive...

Yeah, third party should be compulsory, but as with many laws, the law-abiding will comply, those who don't want to obey the law will continue to ride/drive with no rego/WOF, insurance or anything else to make the roads safer!

You're right, too, insurance doesn't have to be expensive, (if you know where to look), it's just that until recently, NZ was living in a dream-world where everyone assumed the state would take care of everything. It's a matter of priorities, really. If I were to ask, "What is your most valuable asset?", how many would answer, "My health?"

Last year, the Official Assignee said that 38% of bankruptcies were as a direct result of either having no health insurance or inadequate health insurance! I was very surprised, but it is simple - unless one can get the treatment one needs when one needs it, the time off work means people and businesses run out of time.

**Grumpy Gnomb** · 19th October 2007, 19:40

Got my policy through Jet Boy and that also has 30 day extension on additional bikes but there is a dollar limit on it

**Edbear** · 24th October 2007, 06:06

Having done a number of reviews for clients over the past 3 mths, we've found that many haven't got what they thought they had and many are paying too much.

Also, many people just don't know what's out there and how to access it.

As a free service, I'd like to offer a consultation, either at our offices in Albany or at a place convenient to you to review your own situation and/or to let you know what we do and how we do it. No cost, no obligation - remember I'm not a commission salesman but a salaried adviser - but what I'm finding out there is concerning.

Feel free to PM me or ph. 0800-544 484 and ask for Ed.

Our consultants are the best in the industry and whether it's insurance or finance or trusts, you'll get the best advice anywhere.

**discotex** · 24th October 2007, 20:08

I have full car, full bike plus health. GP and hospital/specialist cover with Southern Cross.

Never had to make a claim on the vehicles so far but just recently claimed almost $3k worth of wisdom teeth on Southern Cross. I figure I'm up on that one and down on the car/bike so it kinda balances out.

**Disco Dan** · 24th October 2007, 20:10

I have insurance. Huge excess. Im not actually covered if anything happens. why have I got it? well.. its a legality rather than a choice.

**jetboy** · 25th October 2007, 09:34

Originally Posted by Edbear

Did you go through Jetboy? He's a KB'r and got me a discount. Our F&G insurance is with State and we're very happy with them, but they don't do well with bikes, so Tim got us a good rate with Star. JBI, I believe is an agent for Star and not an independent brokerage. Had it not been for Tim, I'd have probably gone with Classic.

Hey guys, I am an independant broker and I am in no way related to Star Insurance. It is my relationship with Star Insurance - and the volume of business I get from you guys on the site - that get me top notch premiums and policies for you

**skidMark** · 25th October 2007, 09:54

insurance? what the heck is insurance?

**Oscar** · 25th October 2007, 11:06

Originally Posted by jetboy

Hey guys, I am an independant broker and I am in no way related to Star Insurance. It is my relationship with Star Insurance - and the volume of business I get from you guys on the site - that get me top notch premiums and policies for you

Ah, NoBike / Spamboy I see you're still schilling yer wares here - still no bike, eh?
Why don't you mention the Financial Rating of your preferred insurer?
Isn't that a regulation for advertisements?
And are you going to declare how much your "volume of business" with Star increases your brokerage?
Plus, if you really are an "independant broker" why do you only recommend one insurer?

**Edbear** · 25th October 2007, 12:13

Originally Posted by jetboy

Hey guys, I am an independant broker and I am in no way related to Star Insurance. It is my relationship with Star Insurance - and the volume of business I get from you guys on the site - that get me top notch premiums and policies for you

Thanks for the update, Tim. And thanks again for the rate you got me, I tell everyone about you. What was the contact again for ROadside assist? I forgot about it and lost it!

(I blame the drugs!

)

**Tank** · 25th October 2007, 15:25

I will never drive / ride anything without insurance. There are a lot of very expensive cars out there on NZ's highways and hitting the wrong one can cost tens of '000's - not worth the risk IMHO.

Tank