Has any one got the facts on this Green slip increase of $250 for up to 250cc and a flat rate of $800 for bikes of 1200cc and above . If this is right we all have to stand together and do something about this .
I personally hate being raped without as much as a kiss or or a dinner invite ................
Article from Daily Tele on Monday
THIRD-party insurance will soar from July 1 when 150,000 motorbike owners in NSW face new green slip charges. The increases will be more than 85 per cent in some cases. The biggest rise will hit riders on 250cc machines, many P-platers on learner-approved bikes, and the growing number of scooter owners. Their premiums will move from $252 to $465, an 85.5 per cent jump, according to one authoritative calculation. But there will be a cut in rates for riders of 600cc machines, down 30 per cent, or $190, from $663 to $465. Owners of bigger bikes, over 1150cc, will have third-party costs rise by $217, or 32 per cent, to $880. Other categories will increase from between 3 per cent and 18 per cent. The new premiums were announced around the time of the state Budget but will come as news to many riders already facing steep registration costs. The issue could mobilise many of the state's 540,000 motorbike licence holders against the Government. The new premiums are aimed at balancing the burden on insurance payments. But the NSW Motorcycle Council wants the Government to step in, and has described the increases as "price gouging by the insurance companies".
http://www.dailytelegraph.com.au/news/fortune-to-insure-your-bike/story-e6freuy9-1225881982834