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
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
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
Everyone tells you what might happen if you leave your keys in the car and walk away. Someone says they always do it and nothing ever happens. But Budget Direct claims 18% of car thefts happen when keys are left in the ignition. Meanwhile, the Australian Road Rules take a clear position on leaving your keys in the car – don’t do it. Read More
Earlier this year Citroen started selling the first car in Australia already fitted with a dash cam. It may be a sign of things to come. In case of an accident, a dash cam can prove more easily what happened and who was responsible. But so far, owners of dash cams cannot get cheaper compulsory third party or other vehicle insurance. Read More
We are all familiar with that sinking feeling when you find an official ticket on your windscreen. But did you know most people function better when their environment offers potential rewards? There are very few opportunities for rewards on NSW roads. The best we can manage is a 50% discount on your drivers licence – but only if you have no demerits for 5 years! Read More
Most Australians would think Sydney is the most expensive city for getting around. This is mainly because of toll roads. It costs $429 a week for an average Sydney household. But if you consider transport costs as a share of income, Sydney’s 15% is the fourth most expensive city for transport. Brisbane is the least affordable.
The chances of getting your car stolen are greater than you think, especially if you have a green car or live in Victoria. The next most popular colour is black, especially if you own a large car, sports vehicle or light commercial.
Many people have better things to do than fill in forms for the government, bank or insurer. But what if you didn’t have to give personal information because your insurer already has the answer? This is why green slip insurers would like access to your up to date data.
Self-driving (automated) vehicles are exciting but this new technology cannot work with current CTP schemes.