Mostly right Chris. Compulsory third party bodily injury insurance (CTPI) is through the various GIOs underwritten by government, is paid at the time of registration and accounts for more than 90% of the bill. It has been a while since I looked, but the actual registration is something like $40-50pa (~GBP20-25pa), CTPI something like $700 and GST (VAT) slapped on top of that. Anything that could be called a road tax is on fuel, nearly all of which slips into general revenue.
FWIW, liability always falls (it's in law) on the vehicle and the registered owner. That might seem a bit rough but it is equitable and probably saves a lot of squabbling. That extends through to the non compulsory 3rd party property insurance (TPI). An un-registered (therefore uninsured) vehicle is not a risk in terms of CTPI because I am covered under my own CTPI (riders pay quite a bit more than cagers for this reason) as a third party, but then so is the other guy despite being in a world of poo (and not entitled to any sort of payout in the event of a permanent injury - insurance will put him back together again) for being uninsured. On the TPI front I ensure that I am insured against the uninsured.
Quote:
i have a claim going through another route, a mate did the same and he was sorted out. just because the writing on your documents state third party only its doesnt spell the end of it 
|
Hopefully that works out for you, whatever that is.