$80 for Greenslip

In aus.motorcycles on Fri, 19 Oct 2007 08:54:33 +1000

What is coming out of the parliamentary select committee on green slip
pricing is that this green slip thing isn't what you think it is...

It isn't an insurance policy where you insure against hitting someone,
so that the premium you pay is based on the damage you do.

The premium you pay is based upon the damage someone *assumes*
(without recourse to anything as potentially helpful as the actual
numbers collected over decades) you might sustain.

So motorcycles, which do bugger all in the way of hitting people pay
heaps whereas cars, which hit and seriously damage peds, cyclists,
motorcyclists, other cars, trees, small furry animals, and the occasional
train[1] pay nowhere near the premium they should pay given the damage
they do.

Zebee

[1] I dunno if the train gets that badly damaged from the hit, it's
the lying down afterwards that seems to cause it difficulties

 

The only thing I can think of that could possibly explain the anomaly is
that the injuries suffered by pillions are horrific and more numerous then
we know

 

In aus.motorcycles on Fri, 19 Oct 2007 13:44:51 +1000

Ain't so.

THe numbers have been crunched, even if every pillion claim was for
large amounts for many years, the premiums are still too high.

And that's including pillions snotted by cars....

Zebee

 

I believe you and would love to see the figures. Now why would not these
private companies offer better deals if they have access to the numbers ?
Secret deals between insurance companies ?

 

In aus.motorcycles on Fri, 19 Oct 2007 14:14:53 +1000

you are an insurance company. The govt says "gouge this lot, go on,
rip 'em off".

What do you say "never, that would be wrong!" or "Sure, and while you
are at it, cap benefits eh?"

The numbers were done in SA 20 years ago, in NSW at least 3 times. I
don't have them off the top of my head, ask for
them.

(I did see the numbers, it is something like if you assume the
absolute worst possible and add 10% then riders are still paying
around $100/yr too much.)

Zebee

 

Maybee thats the reason they did't worry to much about me paying only $80
for a greenslip

 

****; I missed a good opportunity when I rego'd the K75 then!!

 

Damn; ANOTHER reason I should've dropped by yesterday!

 

Hah! Like I need any help injuring myself. I'm still recovering from
the results of a riding misadventure 6 weeks ago whilst in India.

Nev..

 

Not enough money in the World to get me to India .....

So are you going to provide details ?