There will be a 'small' increase in greenslip prices (NSW)

Discussion in 'Australian Motorcycles' started by Stan Gifford, Sep 9, 2006.

  1. Stan Gifford

    Stan Gifford Guest

    SO the ads say.

    SO I punched in the details for a policy starting 1-aug-2006 (before
    'small' increase) and also for 1-oct-2006 (after 'small' increase).

    I seems the online calculator hasn't go updated prices for my current
    insurer (NRMA) (goes from $361.90 to $679 unless NRMA is doing the AAMI
    trick of getting out of issuing green slips for bikes (make the price
    huge so people go elseware!). The comparison however that does appear
    valid is GIO. Gone from $374.79 to $412.52. $37.73 increase (9% increase).

    (For giggles I punched in a 1994 Holden and the prices (GIO) are
    1-aug-2006 ($340.70) 1-oct-2006 ($360.73) Increase of $20.03 (increase
    of 9%).

    You can come to your own conclusions on the above! I can however predict
    that when pollies are questioned they will use the increase PERCENTAGE
    to justify the 'fairness' applied across the board!

    Stan

    Commencement Date: 01/08/2006
    Privately owned Motorcycle over 300cc, 1994 model
    Engine Capacity: 1340 cc
    Vehicle normally garaged in **** (Metropolitan Region)
    Registered for private use
    Current CTP policy with NRMA
    Comprehensive insurance with QBE for 5 or more years with a maximum
    no claim discount of 60% or more.
    No insurance claims in the last 5 years.
    No more than 2 moving traffic offences in the last 3 years
    Owner aged 49 years
    0 licence demerit points
    Male youngest driver aged 49 years
    Youngest driver licensed in 1998
    Youngest driver with 0 At Fault claims/accidents in last 3 years.

    Prices

    Insurer Price (incl. GST)
    AAMI $623.00
    Allianz $622.00
    CIC-Allianz $619.00
    GIO $374.79
    NRMA $361.90
    QBE $621.00
    Zurich $619.50
    --


    Commencement Date: 01/10/2006
    Privately owned Motorcycle over 300cc, 1994 model
    Engine Capacity: 1340 cc
    Vehicle normally garaged in **** (Metropolitan Region)
    Registered for private use
    Current CTP policy with NRMA
    Comprehensive insurance with QBE for 5 or more years with a maximum
    no claim discount of 60% or more.
    No insurance claims in the last 5 years.
    No more than 2 moving traffic offences in the last 3 years
    Owner aged 49 years
    0 licence demerit points
    Male youngest driver aged 49 years
    Youngest driver licensed in 1998
    Youngest driver with 0 At Fault claims/accidents in last 3 years.

    Prices

    Insurer Price (incl. GST)
    AAMI $678.00
    Allianz $683.00
    CIC-Allianz $679.00
    GIO $412.52
    NRMA $679.45
    QBE $681.00
    Zurich $682.00




    Stan Gifford
    99-FXD - FXDclean traded on
    94 Ultra classic.
    Remove my strides to email me
    <Witty comment here>
     
    Stan Gifford, Sep 9, 2006
    #1
    1. Advertisements

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.