New Zealand motor licence fees - WTF?
Discussion
Vehicle registration fees in NZ include a levy to cover ACC fees. Almost all of the bike rego is the ACC levy.
ACC (Accident Compensation Corporation) is a no-fault state insurance system that covers everyone for personal injury, however caused. Basically, if you are injured in any sort of accident or crime, ACC covers the cost of your treatment, rehabilitation, loss of earnings (up to a point), continuing care (if required) and limited compensation as well.
There's no compulsory third party insurance for vehicles in NZ (or any insurance for that matter).
Because bikes are deemed to be high risk the ACC levy is pretty astronomical. ACC levies for cars were reduced quite dramatically last year, alas not for bikes though.
k
Ho Lee Kau said:
So, ACC is 250 quid and covers any injury treatment? How is 250 astronomical, seems to be peanuts!
Fair comment. Maybe "punitive" would be a better choice of word.ACC can seem somewhat capricious in the way it sets its levy.
My car (Porsche) costs $110 per year to register, of which $46 is the ACC levy.
My bike (Ducati) costs $520 per year to register, of which $423 is the ACC component ($397 for the actual ACC levy plus an extra $25 "safety" fee).
As an employer I pay roughly $350 per year per employee to ACC, but as a self-employed person I used to pay $1750 per year for myself (an ad-man, so nothing actually dangerous).
In the end, it is a good system. But as a biker it feels pretty raw.
k
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