In South Australia, Third Party Personal Insurance or Auto Insurance from the Motor Accident Commission is included in the license registration fee for people over 16. A similar scheme applies in Western Australia. While In Victoria, Third Party Auto Insurance or Personal insurance from the Transport Accident Commission is similarly included, through a levy, in the vehicle registration fee.
In New South Wales, Compulsory Third Party Insurance (commonly known as CTP Insurance) is a mandatory requirement and each individual car must be insured or the vehicle will not be considered legal. Therefore, a motorist cannot drive the vehicle until it is insured. A 'Green Slip', another name CTP Insurance is commonly known by due to the color of the pages the form is printed on, must be obtained through one of the seven main insurers in New South Wales.
No comments:
Post a Comment