Insurance Competition is pretty good in Australia with around (relating to vehicle) 4 or 5 underwriters and numerous general insurers.
Vehicle regulation is a bit more weird though. Out here (in the state of New South Wales) to be able to ride on the road you need:
(also known as Road Tax), this is paid to the state government and gives you a license plate that must be displayed on the bike. You can buy it annually or 6 monthly. You don't get to choose your license plate for the standard fee. However you can pay a one off fee (around $150) and get your number plate in a color of your choice. There is a add on service where you can have a customized number plate but this costs quite a bit and you have to pay it every time you renew your license.
Motorcycle registration for my v-strom costs me $129
before you can get your registration you have to get your 'green slip'
A green slip
(also known as CTP or Compulsory Third Party) is paid to an approved insurer (6 in NSW) and covers the person(s) you hit for medical expenses. It can cover you and some other bits and bobs depending on the circumstances. For example in NSW, for motorcycle riders who have an accident even if it's their fault they get medical and income payments. But it's a bit fuzzy. I think other countries do it better. South Africa put a duty on their petrol that covers CTP. Not sure how they will manage the change to electric though. Anyway my Green slip costs me $292 for the v-strom. Your CTP will vary depending on where you live and the vehicle insured but that's about it. They aren't allowed to ask too many questions for Green slips.
Before you can get registration (yes again) you might also have to get a 'pink slip' or 'blue slip'
(also called e-safety check) is a road worthy certificate. you have to take your vehicle to a testing station or participating mechanic and they do very basic checks that your car is 'roadworthy'. Basically they check that the lights, horn and indicators work, glass isn't smashed, and tyres aren't bald. They test the brakes. They don't do an ecu or emissions test. it costs about $30 and is done while you wait. Many people get their service done at the same time so that encourages mechanics to be part of the scheme. I don't think they make any money on this and possibly they go out backwards.
If your vehicle is less than 6 years old, you don't need a pink slip as it is just assumed your car is road worthy. Which is bonkers.
is a bit different, it's also known as the Authorized Unregistered Vehicle Inspection report. You need one if your car has never had registration (i.e. brand new) or you've bought it from another state*. You also need a blue slip if you've done something major to a vehicle, like put a new engine (has new vin number) or repaired a statuary write off. Blue slips for bikes are $40 and cars $65
Comprehensive insurance is optional, as is Fire, theft and third party property.
So, in order for me to get my bike, i have to pay:
Purchase price ($13,500)
Blue slip ($40)
Green slip ($458)
Registration ($133) (goes up by consumer price index each year, last year was $129)
Comprehensive insurance ($538)
so the actual total before i can safely hoon about is $14,669
plus i paid $160 for the bluetooth.
As you see, that's quite a bit different from the purchase price. And it's why dealers have to say with every vehicle sale "Drive away, no more to pay" or they have to say (+ORC) which is Plus On Road Costs. So that you know if you have to put aside another grand before turning the key.
*if you live interstate you can drive your car here in NSW, if you have a NSW license and own the car, you have to get it registered in NSW. Many companies keep an address in Queensland where it is much cheaper and there is no inspection. and register their cars up there even though they drive them down here.