Understand Your Green Slip
In NSW you must buy a green slip before you can register your vehicle. Green slip is the common name given to compulsory third party (CTP) insurance in NSW. If your vehicle is involved in an accident, the green slip protects you against personal injury claims from third parties.
All greenslips are the same. The law provides for the level of compensation payable for certain injuries and losses. Drivers at fault are not covered to the same extent as other drivers. Three insurers offer At-Fault Driver Cover as a free added benefit on top of their greenslips.
Greenslips are different from other types of motor vehicle insurance. A CTP green slip covers only injuries to people, not property.
A green slip covers you for exactly the same period as registration, whether it runs for 6 or 12 months. This means renewals for greenslips and registration are due at the same time.