Due to the similarities that are there between the green slips and the comprehensive car insurance, people may think that they might be giving the same benefits and cover the same liabilities. Though the facts are a bit different, and everyone needs to be clear about the level of coverage that these insurance policies have to offer.
In NSW Australia, you can get a competitive quote for the compulsory third party insurance and comprehensive car insurance separately, whereas both of these insurances cover the third party claims and not the damages that were done to you or your car.
In this way, both of these coverage policies are best to counter the claims from the third party, but they would not work for you and your damaged car until and unless you have applied for at-fault driver insurance policy.
The main difference between the comp cover or comprehensive car insurance and the Green slips is that the green slip always covers the injuries caused to the third party and also cover the claims for the accident that has caused injuries to passerby and pedestrians or the other party who got engaged in the accident.
Whereas, if you have the comprehensive car insurance, the damages done to the car of the third party are covered. It also covers the vehicles that got damaged due to the accident without being engaged in the accident actually.
In both cases, you will be freed by the third party claims and your own loss will not be entertained if you have not applied for at-fault driver policy. NRMA offers this feature as a reward for being a loyal customer.
