Greenslips prices in 2010!

When you're buying a new car, there's a range of costs to consider. Not only do you have to pay for the car itself, there's also registration and insurance to take into account. One form of insurance that you can't avoid, especially if you live in New South Wales where it's compulsory, is a greenslip or compulsory third party insurance.

This will cover any person, be they a passenger in your or another vehicle, a pedestrian or any other third party, killed or injured in a car accident for which you are responsible.

Prices for greenslips have increased in recent years and seem set to increase in 2010. That said, the price can vary widely amongst different insurers, and so it really pays to shop around for the most competitive price. Some insurers will offer basically the same coverage but at a much higher price than others. You can find a number of websites which compare the costs involved in using different insurers to take out a greenslip.

The price of your green slip will also depend on a wide range of factors. What type of vehicle are you insuring? How old is it? What condition is it in? What is it used for? Where is it garaged? Your insurer will also be interested in information about you as the driver. What's your age? Younger drivers generally pay more for green slips? Have you ever been involved in a serious accident? Insurers want to assess the risk that your cover will give them and they will use this information to determine risk and a price for your green slip.