If you end up causing a motor vehicle accident which leads to injury or death, you will be better off having an insurance cover for the damages. However, if you lack the necessary car insurance required by the government, the case becomes different, as explained below.
Similar to other territories, all drivers in Australia are supposed to acquire basic car insurance to be operational on any road. Getting third party insurance for your car is a good start. It is essentially a type of liability insurance that you buy as a first-party from an insurer, second party to protect you against the claims of someone else, a third party.
In Australia, there are two main types of third party liability coverage. The first deals with bodily injury liability coverage, which caters for costs resulting from injuries to an individual. The injury costs can be inclusive of lost wages, hospital care and suffering succumbed after the accident. The second is the property damages such as payment to replace damaged landscaping or loss of any critical structure, e.g. mailbox.
Also, as a registered motorist, you will need a ctp green slip. It is illegal to operate any vehicle without compulsory third party insurance in many territories, including Australia. Some insurers have it covered for you when you pay for the registration fee for your car except Queensland and New South Wales where you will have to purchase it separately.
Your ctp insurance will, however, not cover you for any claims made against property which may have succumbed to damage as a result of the accident you have caused this is where your third party insurance comes in handy. When you choose to purchase the two, you can physically visit insurance providers or go to their websites and buy online. For instance, you can get a green slip quote from an online platform which will require your details and for you to compare quoted from each of the insurers available.
