Sometimes people may not understand the importance of having the green slips because they are unaware of its reasons, causes, and benefits. In Australia having a green slip is essential and people may have a concern about that due to the charges or the cost they have to pay for it.
Though it is not the case with most of the regular driver who has been in the area for their whole life because they know how this CTP insurance helps them get away from various charges when there is an accident and how it helps in avoiding the extra financial pressure on the insured person.
So having concerns could be a cause of the various misconceptions and issues that people face during the insurance process of getting the CTP. But the fact is that getting the CTP is simple and not a complicated process and it should not be compared with the other kinds of insurance options that are valuable for the vehicles.
In addition to that people have concerns regarding the coverage that is included in the CTP. In most cases when a person purchases the insurance, they are insured and covered for the loss but in CTP the coverage is for the third party and nothing from the insured person is covered.
People have concern if they could get some coverage for their vehicle as well. So it has to be clear that when you get the CTP you get the financial safety as the insurance company will pay for the damage you cause to others. It is important that you get a security regarding the loss caused by you and you will not have to pay for that at all.
So these concerns should be corrected and all the ambiguities shave to be removed as it’s a responsibility you have to fulfill. You only have to get an insurance quote and you don’t have to worry about the rest as CTP does not cost much as compared to other insurances.