Still just talking about it. 
Compulsory third party insurance considered
1:00PM Wednesday June 18, 2008
The Government is seeking views on whether third party vehicle insurance should be compulsory.
Transport Safety Minister Harry Duynhoven, a long-time advocate of the idea, today released a discussion paper on the issue which also looks at whether regulation of the insurance industry was needed.
The process aims to see if there is public support for a compulsory third party scheme.
"About a quarter of vehicles in New Zealand are not insured. The insurance industry estimates the cost of uninsured motorists is between $53 million and $85 million each year," Mr Duynhoven said.
"At present, those who have vehicle insurance are paying for the costs of all motorists through their insurance premiums."
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