Results 1 to 8 of 8

Thread: Compulsory insurance on the way

  1. #1
    MotherBear's Avatar
    MotherBear is offline The missing link
    Join Date
    Jan 2005
    Location
    currently Ras al Khaimah, UAE, ex Wales, UK
    Posts
    11,180
    Blog Entries
    1

    Default Compulsory insurance on the way

    I thought I'd stick this in here seeing as a lot of people don't bother to go down to the What's in the news category and it's quite an important issue.

    Compulsory insurance on the cards for drivers
    10:30AM Sunday April 13, 2008

    Transport Safety Minister Harry Duynhoven believes there is a considerable ground swell of support for compulsory third party vehicle insurance.

    The government is preparing plans to require every driver to have at least third party cover, so others will not be left out of pocket when a crash occurs.

    Mr Duynhoven says at least a third of motorists do not have any form of vehicle insurance and insurance companies spend up to $80 million a year recovering crash costs from uninsured drivers.

    He believes compulsory insurance would change attitudes to driving and could even reduce the number of crashes.

    More here .
    Mother Bear

    Try to bloom wherever you are planted.

  2. #2
    Welshgirl's Avatar
    Welshgirl is offline Super Moderator
    Join Date
    Jun 2004
    Location
    Hamilton, New Zealand
    Posts
    1,578
    Blog Entries
    5

    Default

    Finally

  3. #3
    Taffy's Avatar
    Taffy is offline He who shall be ignored
    Join Date
    May 2004
    Location
    Hamilton, NZ
    Posts
    3,408
    Blog Entries
    5

    Default

    Just don't let them up the premiums to ridiculous amounts due to all the extra claims they'll be getting!
    Taffy

    The greatest mistake you can make in life is to be continually fearing you will make one.

  4. #4
    kokopeli is offline God like figure
    Join Date
    Sep 2004
    Posts
    718

    Default

    So does that mean the ACC levy on the rego will go down?




    Yeah, right!

  5. #5
    Taffy's Avatar
    Taffy is offline He who shall be ignored
    Join Date
    May 2004
    Location
    Hamilton, NZ
    Posts
    3,408
    Blog Entries
    5

    Default

    Wishful thinking there Mr KP!
    Taffy

    The greatest mistake you can make in life is to be continually fearing you will make one.

  6. #6
    MotherBear's Avatar
    MotherBear is offline The missing link
    Join Date
    Jan 2005
    Location
    currently Ras al Khaimah, UAE, ex Wales, UK
    Posts
    11,180
    Blog Entries
    1

    Default



    From here .
    Mother Bear

    Try to bloom wherever you are planted.

  7. #7
    MotherBear's Avatar
    MotherBear is offline The missing link
    Join Date
    Jan 2005
    Location
    currently Ras al Khaimah, UAE, ex Wales, UK
    Posts
    11,180
    Blog Entries
    1

    Default

    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."

    More here.
    Mother Bear

    Try to bloom wherever you are planted.

  8. #8
    Colecraft's Avatar
    Colecraft is offline Junior Member
    Join Date
    Jun 2008
    Location
    Wairarapa (Masterton)
    Posts
    8

    Default

    Great news, but this has been bantered about before. Would like to see it happen

    Colectaft

Similar Threads

  1. Car insurance
    By ebianca in forum Life in New Zealand
    Replies: 15
    Last Post: 02-05-2008, 06:47 AM
  2. Insurance in NZ
    By nolasmom in forum Life in New Zealand
    Replies: 13
    Last Post: 17-10-2007, 12:51 AM
  3. Compulsory savings?
    By MotherBear in forum Life in New Zealand
    Replies: 0
    Last Post: 23-02-2007, 08:54 PM
  4. Car insurance
    By skybluearmy in forum General NZ Chat
    Replies: 3
    Last Post: 05-12-2005, 09:34 AM
  5. insurance
    By Maka in forum General NZ Chat
    Replies: 5
    Last Post: 26-05-2005, 08:26 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46