How much does a green slip cost NSW?
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. The average premium for Sydney taxi owners will fall from $8836 to $5007. For country taxis, the average cost will decrease from $5203 to $2923.
Why are green slips so expensive in NSW?
The higher the investment returns for a given period, the lower the costs of claims for the period and the lower the cost of a compulsory third party insurance for NSW motorists. The higher the cost of capital, the higher the cost of the green slip and conversely so.
Are green slips cheaper for pensioners?
There are no pensioner concessions available on your greenslip. Insurers use many factors to determine green slip prices.
Are green slips the same price?
Six insurers currently offer green slips in NSW. If a green slip price is based correctly on your vehicle and details, by law the price must be the same no matter how or where you purchase your CTP green slip. Prices are taken from State Insurance Regulatory Authority (SIRA) website.
Where can I get a green slip quote?
Green Slip Price Check is a quick and easy way to get a Green Slip quote comparison from all insurers. Who is SIRA exactly? We regulate the NSW CTP scheme. We don’t set prices but we’re responsible for supervising the CTP insurers to make sure they provide insurance that’s fair, helps injured people recover, and is within the legislation.
Do you need green slip insurance in NSW?
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.
How to compare greenslips in New South Wales?
Compare the market .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. Don’t be confused about CTP insurance.
Can a CTP green slip be cheaper than a green slip?
If a green slip price is based correctly on your vehicle and details, by law the price must be same no matter how or where you purchase your CTP green slip. Unless there is a special reason, (such as for Ulysses members or for fleet discounts) no one can offer prices cheaper than those shown on our CTP green slip calculator.
