For that youll need car insurance.

What does compulsory third party cover. Why is it Compulsory. It provides compensation for people injured or killed in a car accident that is deemed to be not their fault. Compulsory third party insurance coverage provides compensation for people that have been injured or killed in case your vehicle has been involved in an accident.

It also covers damage caused to any surrounding property. The compulsory nature of third party insurance is justifiable as it makes the process easier for the injured person to. Compulsory Third Party CTP covers claims made against you if you or anyone else driving your car has an accident and someone is injured or if they die.

What does third party compulsory insurance cover. You cannot register your vehicle without having a policy in place. It covers you against paying compensation to people injured in an accident that you caused.

First off all car owners need Compulsory Third Party CTP insurance its a legal requirement. The person driving the vehicle that caused the injury is indemnified against claims for the damage and losses that occurred. This is covered by comprehensive car insurance.

Your third-party liability covers the following. In most states your CTP is included with your registration unlike NSW where you must. Repair costs for vehicles damaged in an accident caused by you.

Third party compulsory insurance is meant to cover any other road user that you might injure while driving. CTP insurance is compulsory in all states of Australia. It doesnt cover the cost of damaged vehicles and property or damage to or loss of your vehicle.