Have you just received your registration renewal? Now is the time to compare green slip prices. Your cheapest insurer last year may not be the cheapest insurer this year. greenslips.com.au Calculator helps you compare all 6 greenslip insurers in NSW.
This is the fifth article in our re-issued 8-part series, How greenslip insurance works.
Do you need to renew your registration?
You need to renew registration if you have received a registration renewal notice from Service NSW. Your existing greenslip insurer will also send a renewal notice. Depending on the insurer and your changing circumstances, your renewal price could be higher or lower than last year.
Always make sure you compare all 6 insurers to see if one is more competitive for your current circumstances.
Use the greenslips.com.au Calculator to compare greenslip prices
It takes only a few minutes to use the greenslips.com.au Calculator and receive quotes from all 6 insurers at once. It’s faster than contacting 6 insurers and having to answer the same questions 6 times.
Each insurer will ask these kinds of questions:
About you
- Where do you (the vehicle owner) live?
- How old are you?
- What is the age and gender of the youngest driver?
- What is the driving experience of the youngest driver?
Your vehicle
- Is it currently registered in NSW?
- What is the vehicle type and shape?
- How old is it?
- How far do you travel each year?
- Is it for private or business use?
- Do you have other motor insurance on the vehicle?
Driving and claims history
- How many demerit points are on your or youngest driver’s licence?
- Have you had any road accidents that were your fault, in the last 3-5 years?
- Have you had any licence suspensions or restrictions in the last 3 years and if so, drug and alcohol convictions in that time?
It is important to answer these questions accurately or the insurer’s final prices will be wrong. For example, Vehicle Type is a crucial factor. If you don’t know whether your vehicle is a motor car or a light goods vehicle, check the shape code on your registration paper.
As long as each answer is correct, you will receive accurate final prices from each insurer to help you compare. These are the cheapest prices available for your vehicle and details.
Next contact your choice of greenslip insurer and make a payment, knowing you have made an informed choice.
Last word
If it’s time to renew your registration, you will receive a renewal notice from Service NSW and your existing greenslip insurer. Always compare all 6 insurers to see if one is more competitive for your current circumstances. Be accurate with your information in the greenslips.com.au Calculator to get the cheapest price guaranteed.
This is the fifth article in our re-issued 8-part series, How greenslip insurance works. Read the already re-issued fourth article, Your driving record affects your green slip price.
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