Jump to content
SAU Community

Speeding Ticket Insurance

OKBANANA

By OKBANANA,
in Victoria

 Share

Recommended Posts

OKBANANA Grand Master

OKBANANA

Posted
Posted
Quote: Today Tonight

Speeding Fine Insurance

Attention all lead-foot drivers Australia-wide! A budding young businessman in Melbourne claims he can save you money on speeding fines.

Ryan Law has a new business venture he says will save the lead-footed drivers of Australia a fortune. Join his club for just $69 and Ryan will go halves in any speeding or parking ticket you receive in the space of a year.

"It's as simple as one, two, three ... get a speeding ticket and save hundreds of dollars, it's as easy as that," Ryan said.  

"Open to everyone including interstate, because the process is very simple. Just one phone call, just send me the fine and if the rego matches up to our database, then we send you a cheque for 50 percent of that amount."

Apart from being Ryan's personal protest against what he calls nit-picking fines, the 22-year-old is out to make a buck with Finesecure – a kind of dumb driving insurance.

But when you consider the millions of dollars collected by speed cameras alone each year, this potentially makes him the most generous insurer in Australia.

"I think the current fine rate is not acceptable. It's a little bit too high for the average Australian," Ryan said.

"That is the main reason for the scheme and I'm hoping the fines will drop in price and there's no reason for this scheme any more."

Pie in the sky, maybe, but motorists are queuing up for a piece of the action.

Not everyone's so taken with Ryan's plan ... ambulance paramedic Peter Swan picks up the pieces after speed-related car accidents. He says there are harsh penalties on speeding for a reason.

"We know speed kills. Why would someone come up with a scheme that may cause increased deaths and more misery on our roads?" Peter said.

"There could be an increase in road trauma, there is the potential it will lead to deaths, unnecessary deaths."

Ryan disagrees with the suggestion it will increase speeding.

"I wouldn't think so. They have police on the road for a reason - to stop speeding motorists," Ryan said.

Ryan's insurance is effectively insured itself by the demerit points system ... he can pay half your fine, but you still lose the points.

"Look at it this way, people have a certain amount of demerit points and the points are there for a reason," Ryan said. "If you speed too much, you should get fined and you lose your points."

Queensland businessman Paul Truebody caused outrage last year when he tried a similar thing. Even though his scheme was five-times more expensive than Ryan's, his business didn't last long.

It seems Ryan's facing an uphill battle. Even people like Ken Ogden from Victoria's RACV - who's been critical of the way governments' use speed cameras - isn't backing the new scheme.

"I think the very fact that somebody is able to market a product like this indicates that speed enforcement in this state has reached a pretty sorry state," Ken said.

"The best insurance policy is to not actually speed in the first place so you don't accumulate the infringement."

Sound advice, but Ryan's no fool. He's pressing ahead with Finesecure, which is available to all drivers, regardless of age or driving record.

Only time will tell whether he, too, will fall by the wayside or become a white-knight to white-knuckled drivers across the country.

"It's true that some people will naturally flaunt this, but if the general public embraces this idea and the scheme works everyone pays less for fines," Ryan said.

(http://seven.com.au/todaytonight/story/spe...eedinginsurance)

Found this while watching the news, wondering if this is legit, i don't know the owner's URL but will try and find it for you guys. Just wondering what are your views on this?

Dallas

Link to comment
https://www.sau.com.au/forums/topic/42661-speeding-ticket-insurance/
Share on other sites
Downforce Grand Master

Downforce

Posted
Posted
yap i am up for it... just got a fine few week ago ... 135 for no safety belt

lmao! are u serious? that's majorly fcuked!! geez cops are wankers these days....

As for the insurance... this guy sounds nutz... I'm predicting he'll go broke within a month!! :D

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing


  • Similar Content

  • Latest Posts

    • Sean'O
      3D printing fun

      By Sean'O · Posted

      Just one more post to show the final result and the original "janky" solution for a laugh. Everything feels really tight and no wobbling at all, very pleased 🙂
    • 25RBGT
      Got this r31 silhouette flood car to rebuild.

      By 25RBGT · Posted

      After drying a few days, time to put her back together 
    • Watermouse
      Hypergear Turbochargers and High flow Services Development thread

      By Watermouse · Posted

      Ahh ok, thanks again for your valued insight Tao
    • MBS206
      R32 GTS (RB20DE) clogged cat

      By MBS206 · Posted

      The hot exhaust light will come on not from just the cat being blocked, but it's just a temp sensor, and it's designed to warn you to not do things like park in long grass.   If you've been pushing the motor a bit, it can cause the light to come on.   Second if the cat is rattling, I'd suspect it's not blocked, but instead falling apart inside.   The easiest "fix" until you can get a cat put back in, is to unbolt your one, bash the rest of the insides out, and then bolt it back in.   For a daily driver/street car, I am in agreeance of put a cat in the car. If it were race car I wouldn't care if it were removed.
    • Sean'O
      3D printing fun

      By Sean'O · Posted

      No worries at all 🫡 I think the most satisfying things to make are the little bits that are just impossible to find or they're no longer manufactured. Generally I always try to replace parts with OEM wherever possible. This little project is also great because it'll never see the light of day, but strengthen these brackets so it's not just relying on the little standard screws in the headlight plastic. As soon as I saw the standard brackets and screws I thought, "well I'm not going to install with just the screws, the plastic tabs will just snap off". It's crazy how expensive everything has become yeah. But I suppose that's supply and demand; granted it's a lot easier to get brand new genuine parts these days which is fantastic 😊, I don't have to get totally reamed at the local Nissan dealer ha ha We sure are lucky we have all these manufacturers making parts these days, a few really great Australian companies too like Platinum Racing Products and Fit Mint Automotive, what a time to be alive ❤️ . I've got my eye on the RB26 head by PRP as mine has a very fine hairline crack, so that'll need to be addressed some time in the future. If you have any requests or odd things to make feel free to let me know and I can have a crack at making replacement parts ✌️
×
×
  • Create New...