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Tuesday, June 28, 2011

Car Green Slip Mandatory Insurance Policy

Car green slip is a mandatory insurance policy for everyone driving a vehicle in Australia. Car green slips make driving safer for everyone in Australia because it is required coverage for every automobile registered in New South Wales. The car green slip NSW policy, also known as third party car green slip insurance, is designed to provide liability insurance for every car driver whose actions might cause injury or death to another party while on the road.

Car green slip not only protects the driver of an automobile from having to be personally responsible in a personal injury lawsuit but also protects other individuals who might be harmed by the actions of any driver. Car green slip insurance is considered mandatory, but it is actually easy to obtain car green slip quotes for coverage from an assortment of vendors online. Just like any insurance product offered, car green slip prices may vary depending upon the amount of coverage offered. So the smart insurance shopper doesn't ask for just car green slip coverage but takes his time to ask a few questions to ensure he is receiving coverage that adequately meets his needs.

When doing car green slip comparison searches online, it is important to understand exactly what the car green slip you are purchasing covers. Drivers in Australia should know the amount of monetary protection to other drivers or passengers that is included in the policy, usually up to $250,000 per individual. Ask if the coverage is valid even if the driver is actually at fault for the accident that harms or kills another driver, passenger or pedestrian. Determine if once the coverage is in place, the car green slip holder will be able to contact the insurance company for personal injury assistance at any hour of the day or night since accidents don't always happen during regular business hours.

Convenience can be important when shopping for a car green slip and many drivers like to deal with a company that offers the most locations for in-office visits or those that offer hassle-free payments by phone or online. Some car green slip providers may offer a price discount for those individuals who also purchase their comprehensive car insurance coverage from the company and this can result in significant cost savings over time. Although many people resent having to purchase any insurance which is mandatory, many drivers have quickly discovered just how well protected they are from financial and personal catastrophe by having a valid insurance policy in place not. This type of insurance not only protects their interests but also prevents them from having to personally pay for the harm they may cause others while driving.

Car green slip coverage is also designed to cover the owner of the car as well as the driver of the car against personal injury lawsuits should that person not be one and the same. Good green slip coverage also includes any passengers riding with the driver, the driver and passengers of the other vehicle or vehicles involved in an accident, pedestrians who may be harmed due to the accident or anyone who may be harmed when towing a trailer with a vehicle. Since 2006, compulsory third party policies also include a new feature called LTCS (Lifetime Care and Support Scheme) designed to cover the expenses incurred by children ages 16 or younger who may require long-term or even lifetime medical care and support due to an injury caused by an automobile accident, whether or not the driver was at fault. Having valid car green slip coverage while driving not only protects everyone on the road, it also provides the driver and owner of the vehicle with peace of mind and financial support should an accident occur.

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