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Date:         Wed, 16 Dec 2009 16:55:57 -0600
Reply-To:     Michael Sullivan <sandwichhead@GMAIL.COM>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         Michael Sullivan <sandwichhead@GMAIL.COM>
Subject:      Re: insurance terminology
In-Reply-To:  <6108534.2004.1261003207766.JavaMail.mcneely4@127.0.0.1>
Content-Type: text/plain; charset=ISO-8859-1

As Astro the dog(Jetsons) would say...RUTRO... we're in it now. Michael in San Antonio 91GL AT 'Gringo' 73 Beetle

On Wed, Dec 16, 2009 at 4:40 PM, Dave Mcneely <mcneely4@cox.net> wrote:

> The only insurance required here is liability. So, in NZ, if a drunk > destroys your vehicle and kills your wife with his car, and he has neither > liability insurance nor resources, where will you turn for compensation? > Just askin'............ . > > Financial responsibility is a part of affording to own and operate a (or > eight) vehicle(s). Not moral preaching, just a societal necessity. > > Dave Mc > > > > On Wed, Dec 16, 2009 at 3:33 PM, Andrew Grebneff wrote: > > Yeah, at $300 a month for insurance I would be paying out the total cost >>> of my 1.8 inline 84 in just ten months! Fer gid it! >>> >> >> This is what happens whan insurance is legally required. Pricejacking, >> which is probably illegal there (it is here) nevertheless happens... >> captive market, so no real need for insurance companies to compete. >> >> What about someone who owns EIGHT cars, as my wife and I do?? >> >> In New Zealand insurance is NOT mandatory and I wouldn't have to pay >> that much for a YEAR's insurance. Third-party (liability) cover is >> recommended but not required. Please don't yap back about moral >> obligations etc... just see what you guys have to put up with and >> think again. Most people NEVER have a serious accident (which most >> certainly doesn't mean they are good or safe drivers!). >> >> Of course mandatory insurance will be introduced here eventually... >> which will be major a step (leap) in the wrong direction. >> >> -- >> Regards >> Andrew Grebneff >> Dunedin >> New Zealand >> Fossil preparator >> Mollusc, Toyota & VW van fan >> >


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