Here in the land of Oz, as well as far right and far left politics with not much in between, the socialist inspired and heavily milked ICBC is really socking it to us.
I just registered my Gold Wing today for 6 months. No collision, no comprehensive, and no under-insured. Whatever registration costs are, I don't know, but this is what they hit me for:
Short term premium $536
Short term licence fee 17
Short term licence surcharge 10
Short term ins. surcharge 27
Personalized plate fee 20
Total amount sucked out of me $610
That is basic coverage with $2,000,000 third party liability.
I declined the under-insured which would have cost me an additional $93. So since I don't have that, then what the heck do I have? Who and what am I insured against?
Why do I have to purchase additional insurance to cover me for under- and un-insured drivers as well as impaired drivers?
Oh that's right, it's a tax grab.