This is because it used to be printed on green paper.
What does compulsory third party insurance cover nsw. In NSW compulsory third party CTP insurance is called a greenslip. For that youll need car insurance. CTP doesnt cover the cost of damage to anyone elses car or property or your car.
QBEs Third Party Property Damage Car insurance also known as third party provides cover for damage caused by the use of your car to someone elses vehicle or property. You cannot register your vehicle without it. Drivers in NSW SA and QLD are.
This insurance provides compensation for people injured or killed when your vehicle is involved in an accident. Whats included in Third Party Property Damage Car insurance cover. CTP insurance doesnt cover damage to your car or any other cars.
The NSW CTP scheme has two separate components. Here are some example scenarios where CTP covers you. 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.
It does not cover you for damage to your property or the property of others. CTP insurance is compulsory in all states of Australia. What your greenslip does and does not cover.
Before this Act all personal injury entitlements in NSW were determined by common law. The Third Party Insurance Scheme and the Lifetime Care and Support Scheme. Compulsory Third Party CTP insurance is legally required to register your car and is an included cost of vehicle registration in most states.