Comprehensive Insurance and CTP Insurance

**Zilli** · 17-07-2008 01:18 PM

Originally Posted by sassy_fit_vtit

CTP is a must, you can't drive your car on the road without ctp and you can't register it either. It protects you for injury and death to other people, depending on which ctp provider you go with you might also be covered for yourself as an at-fault accident.

Comprehensive Insurance Covers you for Property damage that you may cause to other peoples property and also your own.

So in English.. you hit a someones car and that persons gets injured. CTP will cover the liability you have to their injury, Comprehensive will cover the damage to their car and also yours (third party property will only cover your liability to the damages to the other persons car only)

Can i just get technical and say that CTP doesnt cover death... if the someone other than the driver dies in an accident that is your fault... there is no benefit for death... in that case the only time the victims family gets comped is if the person had life insurance.

Hence the name, COmpulsory Third Party personal injury insurance.

it's amazing how many people out there dont know what this insurance is considering it has such a drastic effect on potential loved ones in YOUR car... no one considers that...

YOu will find advertising regarding CTP insurance moving more towards education rather than price based in the coming months... there are differences between extra benefit coverages you get for the money you pay...

**sassy_fit_vtit** · 17-07-2008 01:42 PM

^there is cover for death as well. I work for an insurance Suncorp/GIO the payout is minimal compared to quadriplegia and it is an unlimited towards the 3rd party.

**Zilli** · 17-07-2008 02:42 PM

:-)

you're tlaking about driver at fault in NSW... death is a 10k payout i think... we're reviewing it at the moment...

**Zilli** · 17-07-2008 02:46 PM

Originally Posted by Zilli

:-)

you're tlaking about driver at fault in NSW... death is a 10k payout i think... we're reviewing it at the moment...

under the statute its actually comp to relatives as a provision should the family of the departed decide to make a claim... even then it doesnt go on the same scaling as an injury perse'..

Under GIO's Driver at Fault, its only covered for 10k, that is an extension of statutory cover for the driver only

**racerwannabe** · 17-07-2008 08:37 PM

what if you own two cars, can you purchase only one CTP to cover both cars since its really just health insurance to cover other drivers so it makes no difference which car you drive.

**aaronng** · 17-07-2008 08:42 PM

Originally Posted by racerwannabe

what if you own two cars, can you purchase only one CTP to cover both cars since its really just health insurance to cover other drivers so it makes no difference which car you drive.

No, you need 1 cover for EACH car.

**sassy_fit_vtit** · 17-07-2008 09:08 PM

^correct you can't have 1 rego shared against 2 cars.

**trism** · 17-07-2008 10:43 PM

lol what a silly question

**racerwannabe** · 18-07-2008 11:17 AM

Originally Posted by trism

lol what a silly question

lol what a useless reply. I'm sure you've never ever asked a silly question before. thanks to those who helped.

**migoreng** · 18-07-2008 11:30 AM

that sucks...

i could own 4 cars but then i have to pay ctp for all of em..that would be like $400x4 = $1600 instead of a single $400 payment...

**outatime** · 18-07-2008 12:11 PM

thanks for the responses guys.. ok i've decided to go with nrma ctp this year since it's only 495 compared to my current memberships with allianz which is 626..