Jumat, 13 Mei 2011

Shopping for Green Slip Quotes

Buying your first vehicle can be an exciting experience! From the first time that you sit in the leather seat and start it up, to the first drive down the highway, there is no other feeling like it! With the owning of a car however, come certain responsibilities that must be handled in order to have a safe driving experience and to make sure that you are free from liability. Among those responsibilities is shopping for the appropriate type of insurance such as a green slip. This is essential because it is a compulsory third party or CTP insurance that not only covers you as the driver but it also covers other people involved in the accident. While having the insurance and Green slips are important, shopping for low cost green slip quotes is just as important.

Thousands of people get into vehicle accidents every year in Australia. The accident rate was at its highest in 2004 but has continued to drop every year since. This is great news for any vehicle owner however; it does not mean that purchasing auto insurance is not necessary. Purchasing insurance means that your vehicle is covered in the unlikely event that you are in an accident. This can keep you from covering costly repair bills yourself. With certain types of insurance, the other party will be covered which can be good news depending on the outcome. Some types of insurance can even cover hospital bills if they may arise. It's important to note however that passengers in your vehicle will more than likely not be covered. In order to make sure that they will be, it's essential to obtain a green slip.

A green slip is an addition to your insurance and is meant to cover the passengers in your vehicle in the event of an accident. A green slip can also cover pedestrians, cyclists and even a pillion passenger. With so much added protection, it is no wonder that so many opt to get this secondary type of option but, when shopping for green slip quotes, its important to know that not every insurance carrier provides this option. Also, when shopping for green slip quotes it may be beneficial to know that not every insurance carrier offers this type of coverage. For a time saving tip, request the green slip quotes online but, don't assume that your carrier partakes in the online quote system; it may be necessary to call instead. Keep in mind that your ability to obtain insurance from certain companies is dependent on a few things such as; your current and past accident history, the age of the vehicle and its drivers and even what the vehicle is going to be primarily used for.

The information in this article can be helpful when looking for green slip quotes, further you also have the potential to save money!

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