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Discussion Starter #1
This is a follow on from another thread.....

In Victoria, Australia we pay a Traffic Accident Commission fee as part of the registration for each vehicle, and yes the cost is high and is a rip off that it is per vehicle and not per driver.

It covers all medical, rehab, compensation and ongoing costs for the driver / rider and anyone else involved in an accident. So if you get hit by a vehicle you are covered, if you hit someone you are covered.

As an example, my cousin had a solo motorcycle accident in 1991, he broke his back and ended up totally disabled, the TAC covered all medical, surgery, rehab, expenses for disabled aids, including modifications to his house and car and all ongoing costs for the constant treatment he needs just to get by day to day. In addition it has paid him a pension ever since as he can't work.

I'd hate to think what the total costs would be but it must be in the $$$ millions by now.....

I've looked at some of your websites re insurance and this appears, in some cases, to be optional cover with some pretty tight spend limits.

What are you guys paying for and what happens if the limits are exceeded?
 

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I wished I knew what I am paying for :oops: .............. this is going to make me read my policy.
 

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Here in the States we have problems with our disability system. We have folks who are seriously injured and the government begins to provide for and take care of them. But often they almost completely recover but spend a life time drawing disability compensation while carefully keeping their recover a secret. They often earn money off the books and are experts at maintaining their eligibility for complete government support. Never working an honest job for the rest of their lives. I've heard tales of those presumably unable to do work splitting wood in virtual darkness to avoid anyone being able to prove they can do work.

We definitely need to employ more people to weed out disability fraud. So we can feel better about aiding people like your cousin who truly needs government help.
 

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Discussion Starter #4
Here in the States we have problems with our disability system. We have folks who are seriously injured and the government begins to provide for and take care of them. But often they almost completely recover but spend a life time drawing disability compensation while carefully keeping their recover a secret. They often earn money off the books and are experts at maintaining their eligibility for complete government support. Never working an honest job for the rest of their lives. I've heard tales of those presumably unable to do work splitting wood in virtual darkness to avoid anyone being able to prove they can do work.

We definitely need to employ more people to weed out disability fraud. So we can feel better about aiding people like your cousin who truly needs government help.

We have the same issues here, I guess it's one of the reasons it's attached to vehicle rego instead of an option.

I had the pleasure to help a mate years ago who was a welfare private investigator, he needed a 4x4 to help catch one of these frauds, the guy was supposed to be totally disabled living in a country town up in the hills (hence the 4x4 so it didn't stand out as much).

Turned out he was working under a false name at the local service station, we filmed him crawling under my 4x4 checking a noise from the gearbox......he was a dam site fitter than me.
 

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I've looked at some of your websites re insurance and this appears, in some cases, to be optional cover with some pretty tight spend limits.

What are you guys paying for and what happens if the limits are exceeded?
We just sue each other. It seems that half of the commercials on TV are for a lawyer soliciting your business if you have been involved in an accident. It is so ingrained over here we will never find a reasonable way to resolve these issues. Now, there is a proper place for attorneys but there are so many of them trying to make a living they will take on about anything. I used to head up operations for a regional restaurant chain and we were sued once in Florida because a retired guy could not get stopped in time and drove his car into and through a wall of one of our buildings. His attorney stated the reason we were responsible for his client's damages and injuries was that the building was painted in a neutral color not sufficient to distinguish itself from the background clutter and that there was a burnt out spotlight on the side of the building. Both were the reason his client ran into a 3,500 square foot building. If I recall, our insurance company settled for $5,000 to make it go away.

Good hunting
 

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i have medical but cannot remember amounts
i pay 145 a year for full coverage + accessory value(4k above bike value)

after the auto insurance is exhausted your medical coverage kicks in
sometimes they will even sue the auto insurance/other person to get reimbursed
 

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In paying about $150/year to cover the bike with no coverage for myself basically. I have medical insurance that covers me and long and short term disability insurance in the event I end up like your cousin. The disability runs me about $20/month.

But hey, Obamacare will be in full swing soon, so I'm looking to cancel that policy and buy more whiskey with it! :shades:

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When I first started driving in NJ commercial insurance for a car wasn't mandatory, but you had to pay a few dollars more for your registration and you had what they called state insurance.
Then in the 60's they past a law requiring commercial liability insurance. The end result was my insurance rates skyrocketed (I had always bought a policy it only cost $100 and I never believed in the state policy ).
Then the insurance companies got real cute. There was no more state insurance.They had the gun to our heads. So they started grading people supposedly based on their probability of getting into an accident. There was the assigned risk group for any male under 24 years of age. My insurance rate went from $300 a year to $1800 with collision. At age 24 your insurance was supposed to drop. Well when I finally reached that magical age I was told that because I hadn't had an accident the probability that I would get in an accident was higher. So my rates never went down.
Finally after moving to PA and reaching 65 years of age my rates dropped to $400 a year (no collision).
Now I was thinking about buying a new Harley Limited. Then I checked the insurance rate I would be paying on it. The quote was $800 a year. Now I'm only paying $135 for my C-50. Is it worth it?
 

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i do remember at age 25 my car insurance went from 800 a year to 400
was happy about that

they also rate you on your location
live in the city, your more likely to have a certain car be stolen, price is higher
drive further for work, higher cost

many many variables
 

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its really messed up here. First off you have to keep in mind that getting the insurance companies to actually pay up on anything is a full time job in itself. Our medical insurance covers our bodies, unless you buy medical for your auto policy. Limits for liability are like 100,000/300,000 if you are still making payments or have a lease, if you own it outright you can get like 15/30 i think. thats what i have on my bikes. I was going to put full covereage on my yamaha because its brand new and i financed it but it went from like 150 a year to about 120 a month. I said screw that i only owe 5k on the bike my payment is only 76 and id pay it off twice by the time the loan was over. So if it gets totaled im stuck with the payment. Disability is a whole nother issue thankfully i really dont know anything about.

but as someone above said, we just sue each other and the blood sucking lawyers are the only ones that make out.
 

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I've got the minimum on everything, and I'm paying about $130/yr on my 1600 Nomad. Speaking of, I think they cancelled it the other day cause I still owe the $79 difference from switching up from my C50. Gotta remember to call them soon I guess

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When I first started driving in NJ commercial insurance for a car wasn't mandatory, but you had to pay a few dollars more for your registration and you had what they called state insurance.
Then in the 60's they past a law requiring commercial liability insurance. The end result was my insurance rates skyrocketed (I had always bought a policy it only cost $100 and I never believed in the state policy ).
Then the insurance companies got real cute. There was no more state insurance.They had the gun to our heads. So they started grading people supposedly based on their probability of getting into an accident. There was the assigned risk group for any male under 24 years of age. My insurance rate went from $300 a year to $1800 with collision. At age 24 your insurance was supposed to drop. Well when I finally reached that magical age I was told that because I hadn't had an accident the probability that I would get in an accident was higher. So my rates never went down.
Finally after moving to PA and reaching 65 years of age my rates dropped to $400 a year (no collision).
Now I was thinking about buying a new Harley Limited. Then I checked the insurance rate I would be paying on it. The quote was $800 a year. Now I'm only paying $135 for my C-50. Is it worth it?
:biglaugh: Great Story they saw you coming and got you going.
 

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Socialism sucks, period. If somebody hurts you, they pay and their insurance pays, simple as that. I do not need a government paying jack for me. I get in my truck every morning for work knowing that if I screw up, my life changes because I have to pay somebody for damages and possibly medical, or worse. I assume that risk and drive like I have some sense and thus far have not had any accidents. Oh and I have been driving since 1996.

As for taxes, I pay less that $20 per bike per year. My taxes go to roads, fire support, and schools. They break it down on the tax bill. Nowhere doe sit say "we're holding this so we can pay for you if you wreck". That is why insurance is a requirement. I have everything on my bikes including theft, and each of those is under $20 a month, except the VL800, which is closer to $30 a month.

As Red and others have said, if you get into a wreck and it isn't your fault, two things happen. First, the other person's insurance pays for your damages and such. When the insurance limits are hit, you sue the person for the rest. This system works for the most part because once you've had to pay for somebody you screwed up, you will NEVER want to do it again.

Then there are those who take advantage. I mean people who get rear-ended at under 5mph and fall out of their cars screaming about their neck and backs. They ruin somebody's life and get a free ride thanks to the socialist crap in place.

As for pricing, my yearly premium on my bikes is fairly cheap, and I am looking at a GSX-R750 (new) in the near future, so I requested a quote. My yearly rate went from somewhere around $500 to over $2,600! Mind you, no wrecks/accidents ever, on anything, I have a class A CDL (I can drive big trucks), and I have multiple safety certifications. Because I want a crotch-rocket, it automatically means I want to street-race. Makes perfect sense. So I guess I won't be getting the one fancy bike I wanted. That or I will buy it and put the tag from one of my other bikes onto it and ride.
 

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Discussion Starter #14
Let me play Devils Advocate....

You cause an accident that injures a whole family, Mum, Dad and the 2.4 kids, the kids are in hospitals for a month requiring surgery and one needs all their teeth fixed, Mum needs facial reconstruction surgery followed up by years of plastic surgery. Dad aged 40, who is a top lawyer is so badly injured he cannot ever work again.

That has got to add up to millions of dollars especially the lump sum payout for loss of income for the lawyer.

Without full unlimited insurance who the heII can afford a lawsuit like that?
 

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I pay 400 dollars a year. That's for a new 2014 Goldwing and a 2006 ST1300. I have 100k for damages and 100k for medical if I do the damage. I have 35k to replace my bike if it's my fault or the other party doesn't have insurance and I don't have medical for me because I already have great health insurance through work. I also have roadside assistance incase I break down. I have 100 dollars taken out of my checking every quarter and I don't really feel it.
I also live in California....
 

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2001 Skunk

BODILY INJURY & PROPERTY DAMAGE LIABILITY $77.00
BI $50,000 EACH PERSON - $100,000 EACH ACCIDENT
PROPERTY DAMAGE LIABILITY - $15,000 EACH ACCIDENT
UNINSURED MOTORIST $134.00
$100,000 EACH PERSON - $300,000 EACH ACCIDENT
UNDERINSURED MOTORIST $73.00
$100,000 EACH PERSON - $300,000 EACH ACCIDENT

$285
$242 paid in full

Is this to much coverage?
I have never to use this so called insurance and **** i do i hate paying for something intangible.
 

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I have never been in an accident until last Friday, it was 100% the other person's fault, he got cited for multiple infractions, and he was placed at fault. I still will not be using the insurance I am paying for even now. It is a rip-off required by the government to line the pockets of those in the business.

As for the devil's advocate, if I did something like that I would probably lose my freedom. In other words, I'd be in prison. If not, I would not be able to drive due to my insurance rate being sky-high because my insurance provider would have to pay out so much. If that isn't enough, they could sue me and take any assets I own, whether it is money in the bank, my home, cars, or anything else. I would be hosed for being stupid on the road. Granted, I most likely would not lose my home in this day and time, but I could lose everything else.

Fun fact. Prior to the government stepping in and screwing us with insurance, if you hit me and hurt me, I simply sued you and got your home, car, whatever to cover my bills. It worked GREAT! Now you can hit me, not even cover the repair of my vehicle and go home to drink and drive again. Yay government!
 
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