When we become eligible to get our learner’s license at 16, the responsibility of driving a vehicle becomes clear … because a lot can go wrong on the roads.
Roughly 41 percent of road fatalities were caused by speeding in 2016. Fatigue caused an additional 20 percent of fatal accidents, and four percent occurred due to alcohol.
In 2017, five New South Welshmen and women were killed per 100,000. While the state is the most heavily populated in the country, its rate of road fatalities is only 5th overall – behind South Australia, Western Australia, Tasmania, and the Northern Territory.
That’s simple! Comprehensive car insurance pays for repair costs for both yourself and other drivers – regardless of who is at fault in an accident (provided you have not breached the law). Green Slip insurance is quite different, in that it will only cover the medical costs of the other driver in an accident where you’re at fault. This type of cover is compulsory to hold, in order to drive legally in NSW.
Lucky for you, no. There’s nothing stopping you from choosing a different Green Slip insurer if you’re not happy with the price you’re paying for cover each year. In fact, NSW is one of only three states that let you pick your Green Slip insurer.
Potentially, yes. Your postcode affects your insurance premiums, because your new neighbourhood may have a higher or lower incidence of driver’s making insurance claims. For example, say you’re moving from Newcastle to Penrith. Penrith has a slightly higher incidence of car thefts, which may lead to a higher premium.
Conversely, where you park your car at the end of the day once you return home also affects your premium. If you park indoors in a garage, your premium will reflect the lower likelihood of it being stolen – and vice versa.
Finally, traffic accidents both in your neighbourhood and on your route to work can affect your insurance premium. It’s best to give your insurer a call when you plan on moving, so you can budget for the new price.