Historic rego

[wbute]

Yeah I would reckon the actual risk is the same for any car on the road. Once it's out the drive it's at risk. It may go out the drive less often though. The occupants are at greater risk due to poorer safety features. However I am all for cheaper insurances. I just can't see why it's only cheaper for club members. If my car passes it's pink slip it's exactly the same standard as a historically registered car. My driving history has far more relevance than the car I drive. I drive around 50000 km a year. If I got my WB out for two trips a year that is included in those kilometers. I am the risk. Not the car.

[Dr Terry]

Yeah I would reckon the actual risk is the same for any car on the road. Once it's out the drive it's at risk. It may go out the drive less often though. The occupants are at greater risk due to poorer safety features. However I am all for cheaper insurances. I just can't see why it's only cheaper for club members. If my car passes it's pink slip it's exactly the same standard as a historically registered car. My driving history has far more relevance than the car I drive. I drive around 50000 km a year. If I got my WB out for two trips a year that is included in those kilometers. I am the risk. Not the car.

Not so. The more kms a car is driven & the more days it is on the road the higher the risk. Historic rego is worked out to be 2/7 of 'normal rego because on average it is only going to be on the road 2 days max. out of 7. The green slip component is also much lower for reasons mentioned above. It's like comprehensive insurance, if you're 21 years old & drive a VT SS to work every day, do 25,000 km per year & live in Liverpool in Sydney, the odds are that you will have a smash or have it stolen inside its 1st year. If, on the other hand you are 60 years old, retired, drive a Peugeot 206 5,000 km per year & live in Canberra, the odds are much, much lower of having any insurance claim. The cost of insurance policies reflect this risk. Dr Terry