Quick Answer: What Does The Green Slip Cover You For?

Do I need green slip?

A greenslip or compulsory third party insurance (CTP) is a legal requirement for vehicles registered in NSW.

To register your vehicle you must have a green slip.

Your greenslip does not cover damage to property, other vehicles or to your vehicle, nor does the greenslip cover theft..

Do you pay green slip or REGO first?

The fact is however, that your registration and CTP Green Slip are inextricably linked; not only must you have a CTP Green Slip policy in place before your registration is valid, but your car needs to be registered in order for your CTP insurance to be valid.

What is covered by green slip insurance?

A Green Slip covers costs like medical treatment and lost income for people who need it after they’re injured in a road accident. A Green Slip doesn’t cover damage to your vehicle, other vehicles or property – only injuries. If you get a Green Slip for your car with us, we also give you Driver Protection Cover.

Do you need a green slip if you have comprehensive insurance?

Comprehensive Car Insurance and Third Party Insurance Remember, your greenslip does not cover you for damage to your vehicle, damage to other vehicles, damage to or loss of property, or theft of your vehicle. … In addition to your greenslip, consider taking out comprehensive car insurance or third party property cover.

Do I need both CTP and comprehensive insurance?

First off, all car owners need Compulsory Third Party (CTP) insurance – it’s a legal requirement. … While CTP covers personal injury claims arising from an accident you’ve caused, it doesn’t cover the cost of damage to your or anyone else’s car or property. That’s where Comprehensive and Third Party insurance come in.

How much does it cost for green slip?

Motorists can use the new Green Slip Price Check website to shop around for the best price under the new lower-cost green slip scheme. Coming into effect on 1 December 2017, the new scheme will see the average price of green slips reduce to $543 for Sydney drivers and $414 for country motorists.

Does CTP cover at fault driver?

In a fault-based scheme, a driver who was wholly at fault in the accident (or their next of kin) is not eligible for compensation for death or injuries*. … No, CTP insurance does not cover vehicle damage because CTP insurance is a form of personal injury compensation only.

What does a QBE green slip cover?

CTP insurance (known as a Green Slip in New South Wales) covers the cost of third party compensation claims if you, or anyone driving your car, causes an accident in which someone else is injured. Your CTP covers the cost of the injured person’s medical treatment, lost earnings or, in more serious cases, ongoing care.

Can you get a refund on green slip?

It is possible to get a refund on a green slip, provided you have cancelled registration of the vehicle and TfNSW has confirmed this in a letter. The insurer will need this letter to be able to refund the unused portion of the green slip. The insurer may also deduct an administration fee.

How do I pay my green slip QBE?

CTP – NSW Green Slip Pay by credit card by calling 133 723, 7 days a week. We don’t accept cash payments at QBE offices in any state or territory, except for Western Australia. You can pay by cash, cheque, EFTPOS, or credit card at your nearest Post Office.

Do I have to list all drivers on my insurance?

As a general rule, everyone in your household that is licensed should be a listed driver or at the very least be known to your insurer. If the party has their own insurance policy, that should be known by your insurer. If you leave anyone off, expect the insurance company to ask about them.

Can I pay green slip before pink slip?

You will need to renew your CTP insurance green slip as usual and get an e-Safety Check (previously known as a pink slip), if required, from an e-Safety Station. Both your CTP and e-Safety Check are now sent electronically to the Roads and Maritime Services (RMS). … Check your renewal certificate before attempting.

What does CTP insurance cover you for?

What is Compulsory Third Party Insurance (CTP)? CTP insurance covers compensation payments for people injured or killed in a motor vehicle accident. It doesn’t cover the cost of damaged vehicles and property, or damage to – or loss of – your vehicle.

Is green slip the same as insurance?

Your greenslip is an insurance policy that provides for compensation for people killed or injured in a motor vehicle accident. … Greenslip is a generic term for Compulsory Third Party (CTP) Insurance. Greenslips are also referred to as CTP greenslips, green slips, greenslip insurance, CTP and CTP Insurance.

Can you pay green slip monthly?

“As people always compare greenslip prices over the internet to secure a cheap, or the cheapest rate, providing an automated facility to allow customers to pay for their greenslips by the month would be ideal and assist customers in managing their cash flow a little better”.