A Green Slip (Greenslip) is an insurance that provides cover for compulsory third party (CTP) personal injury insurance when you or the person driving your vehicle is the driver at fault in an accident, and in certain circumstances regardless of who was at fault. (source: www.maa.nsw.gov.au)
CTP insurance / Greenslip covers:
- your passengers
- other road users, such as drivers, passengers, pedestrians, cyclists, motor cyclists and pillion passengers
- injuries caused through the use of a trailer
CTP Insurance / Greenslip does NOT cover:
- damage to property or other vehicles
CTP insurance is provided by a few insurers in Australia. CTP insurance from all providers is almost the same, which makes price comparison much easier.
Insurance companies that offer CTP Greenslip in Australia:
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There is a great site to compare CTP Greenslip Insurance from multiple providers: http://prices.maa.nsw.gov.au/. According to the table NRMA CTP Insurance / Greenslip is the cheapest one.*
*Click the CTP Greenslip table to enlarge, generated on 25 June 2010, no guarantee those prices are correct is provided, please check with the insurers.