General Discussion Area > Corvette Related Chat
court case
StephenSLR:
--- Quote from: Vettech on May 04, 2017, 04:31:17 PM ---Thats BS, my home town is as dear as Sydney, theres only 25 people there. 500kms from Syd.
--- End quote ---
Is the crime rate as high? There must be a reason it's as high as Sydney. I have one car garaged at my sisters place 100km from Sydney and the CTP slip is significantly cheaper. Go to any greenslip calculator and try it for yourself, type in your postcode, then try another postcode at other suburbs more remote or more metropolitan and compare the price differences.
http://www.greenslips.nsw.gov.au/
--- Quote from: Vettech on May 04, 2017, 04:31:17 PM ---What if I still lived in "Kickatinalong" but only ever drove in Mogo where the cost is very small.
--- End quote ---
In the calculator link above, it asks where is the car garaged; it doesn't matter where you drive it, so it may also have to do with the theft rate in that suburb of your garage.
Your insurance premium will vary depending on your car’s ‘home’ postcode. Some areas are safer than others and insurance companies may take this into account when calculating your premium. Cars parked in off-street carports, garages and secure parking bays may carry a lower risk than vehicles parked on streets and in unsecured parking areas.
It’s important to make sure you inform your insurance company if your circumstances change (e.g. you move house); in some cases, it may even reduce your premium if you move to either a safer neighbourhood or to a home with a lockable garage.
https://www.comparethemarket.com.au/car-insurance/how-is-car-insurance-calculated/
s
bfit:
Kickatinalong Should have high rates as out there you can get lead poisoning without the petrol burners
Straight from nature via the mines
Bfit
RHD.68.l89:
Does the CTP in NSW cover theft and damage? It shouldn't. It should only cover personal injury. Property damage and theft will be covered by your insurance policy on top of the CTP as demonstrated by the above court case. Someone living in Kickatinalong will have low CTP rates because there is a low injury claim rate per capita in the shire. Victoria has a component of our registration (the BIG part) to cover CTP but it doesn't cover property.
StephenSLR:
--- Quote from: RHD.68.l89 on May 05, 2017, 07:01:34 AM ---Does the CTP in NSW cover theft and damage? It shouldn't. It should only cover personal injury.
--- End quote ---
You would think so but it's not the case, for instance I don't see how the age of my vehicle covers personal injury. Where are the stats that show older cars are in more (or perhaps less) accidents involving human injury?
Primary factors used by the insurers and which affect greenslip prices are as follows:
Geographic region
Type of vehicle
Age of vehicle
Vehicle performance
Age of vehicle owner
Age of vehicle drivers
Driving history
- Number of traffic offences
- Number of demerit points
- Number of years licensed
Claims history
- Level of insurance and no claim bonus
- Number of at fault claims
http://www.greenslips.com.au/about-greenslips/setting-prices.html
Geographical Zones:
http://www.greenslips.com.au/about-greenslips/geographical-zones.html
s
Vettech:
Ive tried writting an editorial and twice lost it, there has been more added - food for thought.
Stevo your list is right on it - they set parametres to suit themselves, increase rates = less payouts.
But you are wrong, the age of a vehicle is directly proportional to injuries.
Newer cars have built in safety, engines go under, side anti intrusion bars, safer body shells, air bags, set belts/retractors, steering compression plus + +.
All these make most accidents non-fatal, of course people will till try to have the biggest accident.
Dont forget the number of cars on the road in 78 is a fraction as compared to today.
BUT - one thing that should have nought to do with CTP is "level of insurance and no claim bonus".
I went to pay CTP at a Ins branch at Wethetill Park, she checked her screen, said I have no Ins with them, correct, she said "that" CTP was
for a person with Comp Motor Vehicle Ins, I had to pay MORE. Crap I said - Ins and CTP were separate and had nil to do with each other,
this hecame heated and the argument became fists including staff and a another customer (he's the reason they now have bolted down
chairs there) thank god Stocklands security are slow and useless. That was many years ago.
The advent of even more insurance companies trying to get their snout in the "Golden Goose" trough that is CTP is ludicrouse.
They say (Govt) that more Insurers means we have choice, to a degree correct, untill you delve in and find who owns or "underwrites"
these new compnies.
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