There are many reasons for which the people living in Australia have to manage various things when it comes to getting the green slip and car insurance quotes. It is observed that people mostly get confused why they need to get both of these insurance and why they have to bear with both of the charges and pay for the insurance policies a lot.
It is very important to understand the fact that when you are paying for the insurance policies you are taking off all the financial burden from your shoulders because when you get the ctp green slip you will be able to get support when you are at fault and damages someone else’s car or injure third party individual.
In this way, you can see that when you are paying for the green slip you are surely giving yourself a relief and can manage the medical bills for the third party that could otherwise have been on you to pay at the time when the fault is proven.
That is why the third party insurance has been made necessary to make sure the person at fault, as well as the third party that got insured or hurt, get the compensation.
In addition to the CTP people, also have to buy the car insurance separately. This is because when they get the car insurance they will get the coverage for their car in various circumstances as well as when you get hurt.
So looking for the car insurance that covers the insured person’s car and himself as well is important before you get started on the road.
Also, people have to understand that when they get insurance they are fulfilling a social responsibility so that there are no concerns and no financial issues regarding the problems posed to others.