CTP time

This is my first time paying rego for the bike. $97 flat fee =
nice. However now the CTP renewal notice has come through.

I remember when debating the purchase of the bike, I
considered a 250cc and the associated cheaper CTP but decided
it wasn't worth it. Compared to the car, I figured the higher
CTP was swallowble.

Hence I was shocked to see that the renewal price was $600.
And that was for the >25yo previous owner living in a quiet
suburb of Newcastle. I think that was QBE. I checked out
AAMI's equivalent and received a similar quote.

Does this sound about right? I was expecting at least a
couple hundred dollars cheaper.

 

www.maa.nsw.gov.au

ck

 

You can do comparisons at http://www.maa.nsw.gov.au

But on the whole, it's probably right. Bike CTP is a bloody ripoff
compared to car CTP. QBE is the cheapest quote for my 1988 BMW K100
at $438 - all the rest are above $600, wit hthe highest being the NRMA
at $624.80.

Makes up for the cheap registration. Great, huh?

DaZZa

 

Nuts. In 7 months I turn 25 and it drops to $400. But currently,
to insure a bike I ride 40k's a week on, half of that offroad away
from people, and not allowed to carry a pillion on anyway, I need
to pay $600 to cover damage to other people. Whaddya gunna do ay?

 

qbe gave me $80 a month ago and $360 for the 400cc last night

and IIRC was $170 for a 100-300cc as well

 

no doubt

sucked in

 

You could take the risk and ride it unregistered - but you didn't
get that suggestion from me.

Insurarance companies are bastards, but the government is just as
much to blame because they simply don't care. Cars, they monitor, and
threaten regulation for if the insurance companies get toey - but
bikes? There's not enough noise that comes from bike riders for them
to give a toss.

Time to give the local member another nudge.

DaZZa

 

I just paid $262 for my greenslip through NRMA for a CBR600.

Damien
GPX250 -> CBR600 -> F650/R1200GS (when the $$$ are there!)