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Where you live affects your green slip price

When you buy insurance, the premium you pay often depends on your address. Green slip prices also vary depending on where you live. This is because actuaries spend a lot of time working out the risk of an insurance claim in one suburb over another. Find out how where you live affects the price of your green slip. Read More

How to protect your car in car parks

It’s no surprise that accidents happen in car parks. There’s a lot of activity, with cars and pedestrians constantly coming and going. It’s all too easy to collide with another car, or for vulnerable people to get hurt by moving vehicles. Meanwhile, thieves can find fresh pickings in a poorly lit or unattended car park. So how do you protect your car in a car park? Read More

How do demerit points work?

Do you know how many demerit points you have? How many demerits apply for common driving offences in NSW? When double demerits apply? Many drivers don’t know. You can easily lose your licence by being unaware of when double demerits apply or how many demerit points apply for speeding, for example. Not only that, your greenslip premium could go up too. Read More

Are car safety features effective?

Electronics could make up 45-50% of the cost of a new car by 2030. Many new cars use advanced driver assistance systems, such as automatic emergency braking and adaptive cruise control. But do these extra really improve safety? Some features have proved to reduce insurance claims for BMWs in the US while others had no effect. Read More

Are CTP insurers pulling their weight?

While most people never make a CTP claim, they need to be sure insurers will do their job properly. This is why State Insurance Regulatory Authority (SIRA) now provides quarterly performance data. It helps vehicle owners choose their CTP insurer and, if they need to make a claim, an idea of what to expect. Read More

Around the world look at CTP

Most of the world’s vehicle owners must get third party insurance or CTP, whatever it’s called in their country. Germans call it Haftpflicht and Danes call it ansvarsforsikring. However, our review of CTP in nine randomly selected countries reveals a few interesting quirks. Read More

Usage-based insurance improves your driving

IHS Automotive predicts 142 million people worldwide will have usage-based insurance (UBI) by 2023, compared to 12 million today. In Australia, it is still early days for UBI or pay-as-you-go car insurance. But vehicle owners who use telematics will have more control over their premiums by showing insurers how, where and how often they drive. Read More

Why there should be no price difference

Thousands of people use the greenslips.com.au calculator every day of the week. It is a fast, anonymous way to compare prices from all five NSW green slip insurers. Occasionally, the price quoted by the insurer is different to the one in the calculator. This should not happen and we will explain why. Read More