Green slip policies are compulsory in Australia, and give third party coverage. Before the establishment of this law in Australia, the vehicle owner would usually request additional insurance to cover third party liability injury. But, this was never an obligatory need. Many innocent victims were left with hefty amount of bills because the vehicle’s driver choose not to pay any medical bill for the injury caused to the other person due to their carelessness. This has led to a public outrage over a handful of accidents, and the change in the NSW State Government’s law, Motor Accident Act 1988, was amended. It now covers a requirement that drivers have mandatory third party insurance for their registered vehicles. Getting cheap green slips in Sydney is a challenging job as numerous firms offer these policies. But, with a careful research, you can come to know the best one, offering a green slip at an affordable price.
Most of the vehicle insurance providers offer compulsory third party insurance along with other insurance plans, like comprehensive coverage. The green slip will cover the personal injury claim against you, but it will not offer cover any vehicle’s damage. It will also cover pedestrians, pedal cyclists, and others on foot, and the people you have in your vehicle.
Greenslips are available through various firms, talk to the professionals to know their work and services. Shop around for the right level of insurance protection at the right price.
The pricing on these plans differ from one service provider to the another. But, generally, it includes several factors, like driving and accident record, driver’s age, the type and age of the vehicle etc. you can buy the lowest insurance by devoting some time, and making efforts to get the details of the best company. Call on the given number of the service providers to fetch the details of their different packages. Also, give a thought to your driving habits as well as your vehicle. Realize that your costs may be higher if you are a careless driver, but by improving these habits gradually, you will certainly get lower rates.
It is essential to be sure about the service provider. Therefore, before signing on the dotted line with any company for your greenslips, do your homework. Read all the details of the contract properly to know what you are signing and how much it will cost you. Check whether these numbers are same as given in the quotes. You can also read the reviews on the web to know about the services of a firm.
While greenslips are a very essential type of insurance coverage for your vehicle. Without it, you cannot drive or get a registration for your car. But, you will need other insurance as well to remain safe. Comprehensive coverage is also needed as it will offer you with protection from loss of your vehicle and another person you are involved with in an accident. So, get cheap green slips Sydney with a renowned company.