TLR vs BANDIT Greenslip Prices.

Well, Ive been looking around to buy another TL after inspiration from Gus and Ive found a pretty good deal on a TLR close to home. So I thought I'd do a little bit of homework on Greenslip prices and such so I know exactly how much I would be up for. And yep, you guessed it, the TLR 1000 Supersport V-Twin is half the price of my much more refined Bandit. All quotes for the Bandit are upwards of $600 where as I can get the TL for $316. There needs to be a complete overhaul of the criteria for Greenslips as all they go on is engine capacity. Change 996cc to 1157cc and double your premium. So Im assuming R1s and Gixxers are half the price of a bandit aswell. On this alone, I think the Bandit & I may be nearing the end of our relationship:( . If I decide to sell my much loved beast I'll naturally post it here first. I'd love get some input from you guys, the inconsistency in Greenslip pricing is just breathtaking don't you think?

I agree, there's lots of thing we put up with that don't make sense, like sections of the Pacific Highway that used to carry a lot of traffic and were 100kph, now that they've been bypassed can only carry the smaller amount of traffic safely at 80kph!  


As for Green Slips, horsepower or maybe power to weight ratio would be a better criterion.

No-one said these people were smart.

QLD, $270.00 + rego no matter who, they all charge the same, an that's 4 me c109r. Think I may re-house the Bandit
next renewal.

                                                                       BORN FREE
                                                                   TAXED TO DEATH

yeah that sucks.

In the ACT, rego is one price for 300cc and below, and a higher price for anything over that.....

Yep same in VIC You're either under or over 500cc

2wheelsagain wrote:Yep same in VIC You're either under or over 500cc

 Are you in for a rebate 2W, now that you're under 500kg ?  

Hammy wrote:

2wheelsagain wrote:Yep same in VIC You're either under or over 500cc

 Are you in for a rebate 2W, now that you're under 500kg ?  

 Yeah. Dont need to buy a Harley now eh?

You're right it does need to be changed. The issue is that right now what they have done is created 'groups' based on a range of CC's.  Then the price of the CTP is based on the number of claims made within that group.

The reason why Bandits are so expensive is because it falls in to the same group as other sports/tourers and cruisers which happen to have the largest number of CTP claims made against them.  Effectively if middle-aged returning motorcyclists stopped crashing while carrying their middle-aged wives, it wouldn't be a problem.

NSW
GIO comes in at $438 at the moment
Maybe worth looking at?
ResultsPurchase Options

AAMI	$633.73 12 months	$326.41 6 months	-		www.aami.com.au	132 244	Amex, Master,  Visa
Allianz	$521.00 12 months	$268.00 6 months	-		-	131 000	Amex, Master,  Visa
CIC Allianz	$507.00 12 months	$261.00 6 months	-		-	1300 360 340	Amex, Master,  Visa
GIO	$428.65 12 months	$220.86 6 months	-	Other discounts available	www.gio.com.au	131 010	Amex, Master,  Visa
NRMA	$511.63 12 months	$263.53 6 months	-	Other discounts available	www.nrma.com.au	132 132	Master, Visa
QBE	$623.00 12 months	$320.00 6 months	-		greenslip.qbe.com	133 723	Diners, Master,  Visa	Purchase Now
Zurich	$629.00 12 months	$323.00 6 months	-		-	1800 811 099	Amex, Master,  Visa

Sorry to hit up an old thread, but WOW, what a difference 18 months makes to the prices.
My old girl is up for renewal, and cheapest CTP is $623

Prices (incl. MCIS Levy & GST)
Insurer	6-month Price	12-month Price	Price Breakdown	Phone	Web Site
	$539.51	$1,052.43		132 244	www.aami.com.au
	$399.00	$779.00		1300 137 664	www.allianz.com.au
CIC-Allianz	$397.00	$774.00		1300 360 340
	$319.60	$623.49		131 010	www.gio.com.au
	$397.86	$776.66		132 132	www.nrma.com.au
	$369.00	$719.00		133 723	greenslip.qbe.com
	$548.00	$1,072.00		1800 811 099

Bloody hell. $641.50 in April this year total for 12 months CTP and registration in the ACT.

SA splits it into 4 engine size categories and then metro/country

Over 660cc in metro areas is $259, country is $241 so long as you cant claim tax credits for the vehicle, if you can it goes up to $292/$259

https://www.sa.gov.au/__data/assets/pdf_file/0017/18152/MR85_05-13_30-05-13.pdf

It is still government controlled and is paid with your rego in the one bill, my whole rego/ctp, fees for this and that is less than the cheapest price in NSW

We've got the dearest electricity in the country but our rego's not too bad

Just paid mine last month, for 12 months in Tassie:

Rego Fee              $68
Road Safety Levy $25
Motor Tax              $18
Duty                       $20
MAIB Premium      $426
                             -----
Total                     $557

Lets face it, if you own a 1200 + CC bike your classed as a baby killer. and seeing that i pay so much when i do hit that car i will make sure i head butt the driver as i pass through the windscreen to get my moneys worth

NT slugs us $824.25.
If bike needs an inspection add $40 to that. (We have mandatory periodic inspections)

Break down...
$33 rego
$711.15 CTP insurance
$71.10 GST on the CTP
$9.00 Admin fee
$40 inspection
----------------
$864.25 per annum, about the same as an 11 seater landcurser.

To add insult to injury, our government CTP insurer - Territory Insurance Office (TIO) is the only insurer we can use.
TIO was recently (last week) sold by the guvmint.
It was subsequently admitted by the TIO chairman that the CTP scheme is well overfunded  and so the government will keep that profit making part. Isn't hard to see why they're making such a profit....

CTP in Queensland is around $270 per year.

If you register the bike as "single seat" which requires seat and footpeg changes the CTP reduces to $85 per year

Same insurance companies as NSW but amazingly different insurance costs.

Go figure.

interesting situation you have going on there in Ozland. Here in 7th Heaven we have ACC which is paid as a levy on our rego (which you probably all know about anyway). well over $500 for the year for my FA plus another $600 for insurance plus annual inspections. Mind you the insurance is not compulsory and as my bike is a 2014 first compulsory inspection is not due until May 2017.
We pay shit loads more for fuel as well.
Does seem odd the LAMS set up makes allowances for power to weight ratio but the taxation scheme does not. There are plenty of 7-800cc bikes can put  out more HP than my humble TNAB :-)
Moral? someone else is always worse off than you :-)

I thought we in the UK were the ones who got fleeced- seems not,insurance wise anyway.I paid £247 pounds fully comprehensive for cover on my GSX1250FA and KTM 1190 Adventure,and this included 12 months European break down cover.Thats for both bikes.Whats that,about $375? Still,you get all the good weather.

If you look at the greenslip prices for over 1320cc..  They are aound $100+  cheaper than the 1120 to 1319cc..

Stromcat wrote:I thought we in the UK were the ones who got fleeced- seems not,insurance wise anyway.I paid £247 pounds fully comprehensive for cover on my GSX1250FA and KTM 1190 Adventure,and this included 12 months European break down cover.Thats for both bikes.Whats that,about $375? Still,you get all the good weather.

A bit more than that.
247 GBP = 454.24 AUD Still very good for 2 bikes

Greenslip insurance is for personal injury only and is additional to the registration. In some states in Australia it is left separate (but still compulsory) to the rego. Others such as Victoria it is included with the rego, with mine being about $635 in total.
Add to that full comp insurance for the bike at about $520. Over $1100 for rego and all insurances

Naw76 wrote:If you look at the greenslip prices for over 1320cc..  They are aound $100+  cheaper than the 1120 to 1319cc..

Guess I should look at 1400 Ninja then 

madmax wrote:

Greenslip insurance is for personal injury only and is additional to the registration. In some states in Australia it is left separate (but still compulsory) to the rego. Others such as Victoria it is included with the rego, with mine being about $635 in total.

Another $121 for rego on top on that in NSW.

What is rego?

Stromcat wrote:What is rego?

that would be your vehicle tax