What is CTP Green Slip insurance?
Compulsory Third Party (CTP) insurance, also known as CTP Green Slip insurance in NSW, covers your legal liability if you – or anyone driving your car – cause injury or death to others in a motor accident. NSW drivers must purchase CTP Green Slip insurance before registering their vehicle.
CTP Greenslips in New South Wales
To be able to register your car in NSW you must pay for CTP insurance.
Coined ‘Greenslip’ in NSW because of the colour of the page it was printed on, this form of third party insurance is compulsory by law for all drivers within Australia.
At its heart CTP greenslip in NSW protects you against claims from others arising from injury or death as a result of an accident. It basically exists so you won’t be held personally liable for accident-related injury expenses.
Getting a better deal on your CTP / Greenslip
New South Wales is one of the few states where you can choose your CTP insurance provider.
Comparethemarket.com.au can, fortunately, provide you with an online Greenslip Calculator ®, thanks to the State Insurance Regulatory Authority of New South Wales. Take a look and see if you can get a better deal. Compare NSW CTP.
Where the buck stops
Don’t be confused about CTP insurance. It won’t cover you for the cost of repairs or property damage in the event of an accident. So that’s why you’ll need additional insurance for peace of mind.
Comprehensive insurance really takes the cake when it comes to providing the right kind of cover behind the wheel. More Australians take out comprehensive insurance to protect them against the costs of accident-related damages than any other type of policy.
Comparethemarket.com.au lets you compare quotes from a number of insurance brands all in the one place. In a few steps we can help you compare insurance quotes that may match your requirements.
It only takes a few moments to see if you can get a better deal on insurance. What have you got to lose?