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Old 13-04-2008, 04:45 PM
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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 .
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Old 13-04-2008, 05:22 PM
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Finally
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Old 13-04-2008, 05:26 PM
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Just don't let them up the premiums to ridiculous amounts due to all the extra claims they'll be getting!
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Old 13-04-2008, 09:38 PM
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So does that mean the ACC levy on the rego will go down?




Yeah, right!
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Old 13-04-2008, 09:39 PM
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Wishful thinking there Mr KP!
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Old 14-04-2008, 03:40 PM
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From here .
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Old 18-06-2008, 10:50 PM
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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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Old 19-06-2008, 09:31 AM
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Great news, but this has been bantered about before. Would like to see it happen

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