You should write a letter! Its obviously been overlooked and if you don't say something nothing will happen to change it.


On a similar note my car tax came through today - my first ever car tax since ive always ridden bikes and my first bike tax was £15 and my zxr has been £32. Car tax... £140 

Problem is its a government set class.


There are only two categories of bikes according to the NSW government.


Under 300cc
Over 300cc



Its bullshit!



I'll get all the facts then send them a nicely worded email (seriously) in a few days time.

I think when you reach over 30yrs old, WQBE do more capacity brackets on CTP instead of the usual <300cc, >300cc.

Unfortunately I've got a few years to go before things get cheaper 

Here's my letter

Quote
To whom it may concern,

I would like to raise an issue that I believe is unfair for owners of
certain Learner Approved Motorcycle Scheme (LAMS) approved
motorcycles.

As you would be aware, new rules introduced on the 6th September 2002,
to allow Learners and Provisional license holders to ride certain
motorbikes that had a power to weight ratio of less than 150kw per
tonne and with an engine capacity below 650cc. This replaced the
previous restriction that only allowed bikes with an engine
displacement of 250cc or less.

I congratulate that move as I believe it is a sensible update, as
limiting engine performance is more crucial than limiting engine size.
However I believe the GreenSlip laws should be modified to reflect
this change.

Currently there are two categories of GreenSlips for Motorcycles.

Under 300cc and Over 300cc

The price difference between the categories is very substantial often
up to 3 times as much for riding a larger capacity bike.

I would suggest the categories be changed so that the two categories
are "LAMS compliant" and "Non LAMS Compliant"

This would mean bikes are classified on Power output not just engine capacity.





In the current system the owner of a Suzuki GS500 pays an equal amount
as an owner of a Kawasaki ZX10R that has 4 times the power.
On the opposite side of the scale, there are many 250cc motorbikes
that exceed larger capacity LAMS approved motorcycles peak power. Yet
they get a heavily reduced GreenSlip price for falling under the 300cc
category.

For reference on a recent enquiry of GreenSlip prices I was quoted:

BIKE MODEL - ENGINE CAPACITY - PEAK POWER - WEIGHT - GREENSLIP PRICE

SUZUKI GS500 - 487cc - 30kw - 180kg = $405

KAWASAKI ZX10R - 998cc - 121kw - 175kg = $405

HONDA CBR-250RR - 250cc - 34kw - 160kg = $147



As can be seen, Engine capacity is not the best way of judging a bikes
performance and hence GreenSlip prices.


I hope common sense prevails and the NSW GreenSlip pricing categories
will be reviewed and modified to reflect the sensible changes made
with the introduction of LAMS.

QBE quoted me over $600 

Just renewed my full comprehensive insurance on my 2005 GS500F. I'm a male 27 years of age with a full no claim bonus of 65% . Last year I insured with NRMA. This year they offered:

NRMA
Agreed value was: $7,840
Excess: $500
Premium: $539.65

I went with Insuremyride.

http://www.insuremyride.com.au
Agreed Value was $6800
I added $1000 worth of modification cover
Excess: $400
Premium: $456.46

InsureMyRide is a wholly owned subsidiary of Suncorp - one of Australia's largest publicly-listed insurance and financial services businesses.

NSW Rego and CTP Greenslip for me again. Im 28, on a full no claim bonus.

NSW Registration = $101

NSW Greenslip for 12 months:
Allianz = $424.00
AAMI = $624.00
CIC-Allianz = $616.00
GIO    = $448.51
NRMA = $438.81
QBE = $615.00
Zurich = $614.00


Hey, in NSW you can now get 6 month greenslips! 

In comparisson, my greenslip on my GSXR1000 costs the same as the GS (which is a joke! If you had a CBR250RR the greenslip would be $190)


, but my comprehensive insurance for the 1000 was $1090

Insuremyride were the only ones that would consider offering me comprehensive cover. The rest all declined citing I had not held an unrestricted licence for 2yrs minimum (and said that excluded any periods on L's or P's). IMR's quote was pretty reasonable including gear cover and the guy even mentioned the $1500 additional inexperienced rider at fault excess they charge when I spoke to them.

I'm another November rego - 19th

Quote from: galahs on October 10, 2007, 05:58:01 AM
I had a bloke tell me today in the SuperCheap Auto carpark about this new Motorbike insurer:

http://www.insuremyride.com.au

They seem to have good prices for comprehensive insurance and an online quote facility.

They don't do CTP Green Slips atm

I am with InsureMyRide, when i bought my bike i put under my dads name and I used his Rating 1 no claim bonus for the bnike and put myself down as another rider.

For full comprehensive insurance it is $1017p.a

Which i am willing to pay.

Rego was $200 or so it think and greenslip was $340

Give QBE a look. You can pay comprehensive by the month. For me its $36. My greenslip was also cheapest through them at 460. This was on May 18 2009.

Turning 30 has helped with Insurance Costs!!!

GS500F
NSW Rego - $108
NRMA CTP Greenslip - $312 (12 months, Full no claim Bonus)

GSXR100F
NSW Rego - $108
GIO CTP Greenslip - $380 (12 months, Full no claim Bonus. Had to ring for a policy, can't do it online)
Insuremyride Full Comprehensive - $750   (down from $1000 thanks to me turning 30)


Oh, and Insuremyride now does NSW CTP Greenslips!!!!

GS500F (2007 model)
NSW Rego 108
NRMA STP Greenslip $296.52 full 12 months. Full no claim bonus and road side assist.
Comprehensive AAMI $385 full 12 months insured for $7500

'09 K9
CTP Swann insurance $242.73
Comprehensive NRMA $485.11 agreed value $7500.  Numerous listed riders down to the age of 21.   

Queensland is something like

rego fee: (12 months)            91.30
traffic improvement fee:    45.80
CTP: (i cbf looking for my cirt. so i searched) $100 http://www.motorcycleroadworthys.com.au/registration.html#003

and full comp insurance 30yo no clam bonus was $300 iirc

Just paid my 12 months rego - Qld. $400.20. Twenty cents? Give us a friggen break. Geeze.

Insurance due. I've got it fully comprehensively insured at an agreed amount which is more than a new bike costs currently. $240 through Swann.

Here's the kicker but... IF I approach Swann as a new customer, I don't get this price. I only seem to get this price as an existing customer.

Michael

Thats quiet the discount mister.

Quote from: uninhibited on January 06, 2011, 03:47:45 PM
Thats quiet the discount mister.

No kidding. I must have some kind of "preferred customer" note attached to my file or something. They are Really good to me.

Got a quote on my recently acquired "new to me" other bike from the dealer. Went to Swann, said nothing about the quote and they insured it for a grand more and for less premium. And chances are, next year when it's due they'll say "I think we can do better" have a look and then do better. It's what they seem to do for me.

On the other hand, my car is through someone else. I claimed for hail damage and they dropped me to Rating 3 WTF! - Make a claim and drop two ratings. It's not like I crashed, it was hail for fugs sake. So when the next year I went Up to rating 2 but the premium still went Up, I'm like "how can you give me a bigger discount but charge me more than you were?" When it comes around again I'll switch that to Swann as well.

Michael

Although I'm only young my ctp and rego combined was about $400 though a smaller branch company of AAMI that insured the previous owners. All other quotes put rego costs up around 600-800.

However comphrensive on a 04' gs500f with $400 excess is $2500 for me. Despite no accidents.

What a difference 12 months makes.  Swann CTP has increased by $106  , so got a quote off NRMA only to find the price was exactly the same