Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Car Insurance Quote – Mere CTP is Never Enough

By David Johnston Subscribe to RSS | December 28th 2011 | Views:
loading
 
  



A person who has purchased his or her first automobile after saving for a long time may be forgiven for presuming that automobile insurance is an unnecessary expense. Why should anybody bother about any other form of insurance when compulsory third party coverage is a part of the vehicle registration fees? An Australian driver will not be permitted to use the vehicle on the road without obtaining CTP insurance.

Why bother finding a car insurance quote on the internet for any other form of insurance? Well, it is important to understand the level of protection that CTP insurance offers. The third party protection is restricted to personal injury alone. Simply put, this insurance policy will pay for any liability that arises due to any injury suffered by a third party in a car accident involving you. What are the chances of the third party suffering personal injury without any damage to the vehicle whatsoever? You will admit that any severe accident causing an injury to the other driver will automatically damage his or her vehicle as well.

If you are at fault, you will have to bear the cost of repair of the other individual’s automobile as well. From where are you going to get money for this expenditure? Compulsory third party insurance required by the law will not cover this. This means that your decision to save money and opt for CTP insurance alone will actually enhance your risk. You will have to pay money for insurance but will enjoy very little returns in the long run.

Lowering the premium you pay today is only going to create complications later. Paying a higher premium will help you avoid financial ruin when an accident does occur. Considering the increase in vehicles on the road, chances of new drivers suffering an accident is always very high.

If you want to reduce the cost of protecting yourself from other risks, check out various websites that offer affordable car insurance quote. Assess your risk and choose the level of protection you want. Make sure that your liability towards third party is taken care of comprehensively. Other risks like fire, theft or damage to one’s own vehicle can be adjusted and altered as and when required. You would do well to use the internet to educate yourself about the basics of automobile insurance before proceeding. Lack of knowledge is always going to be a dangerous problem for a new driver.

David Johnston - About Author:
For more information regarding Car Insurance Quote, please visit QuoteMyWheels.com.au

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/insurance-articles/car-insurance-quote-mere-ctp-is-never-enough.htm

Related Insurance Articles Subscribe to RSS

Compare car insurance quotes before renewal
Published by Stevediaz on February 25th 2012 | Insurance
It is illegal to drive car without car insuranceas per law. So everyone who drive or owns a car need...
 
Comparing Auto insurance Companies
Published by Matthew Bugin on January 16th 2012 | Insurance
The best automobile insurance companies are the ones who do the best job of marketing to their custo...
 
Cheaper van insurance – ways to find the best deal
Published by Robmarshall on March 28th 2012 | Insurance
Whether you have a larger vehicle or a smaller vehicle, you will definitely have to buy an insurance...
 
Important considerations with regard to backpackers insurance
Published by Marry James on February 24th 2012 | Insurance
One of the greatest risks that a person can take is to go on an adventurous trip worldwide without g...
 
How to find inexpensive business insurance rates for business
Published by Andrew Edwards on November 30th 2011 | Insurance
Insurance is something associated with every business type...
 
Cheap car insurance for young male drivers
Published by Ahmadgill on December 22nd 2011 | Insurance
You will be worried to know that a man pay a heavy to get insurance of a best company then the women...
 
Alfa Romeo Spider car insurance is not difficult for you
Published by Kaisar on January 2nd 2012 | Insurance
This is not matter which car you are using but if you are the owner for the Brera car so it is vital...
 
How to do Car insurance comparison before buying a car insurance coverage
Published by Geenadavis on March 28th 2012 | Insurance
The very first thing after purchasing a new vehicle is to get it covered because it is extremely ess...
 
A preliminary understanding Connected with Car insurance policy Benefits
Published by Shyam Singh on February 23rd 2012 | Insurance
A lot more gas mileage people get, the greater these premiums on the insurance policy will likely be...
 
How to find affordable auto insurance for your child
Published by Jerry on March 14th 2012 | Insurance
When you need to get a car for your child, chances are that you may want to make sure that it is as ...
 
Importance of comparing commercial insurance quotes
Published by Andrew Edwards on April 20th 2012 | Insurance
If you are running a business which is not performing in terms of huge profits...
 
Learn to find cheaper van insurance
Published by Robmarshall on March 28th 2012 | Insurance
Purchasing cheaper van insurance is not a very difficult task if an individual knows how to go about...
 
A brief overview of high risk auto insurance
Published by Jerry on March 10th 2012 | Insurance
Auto insurance seems to be a necessity for every driver to minimize the risk after any accident. As ...
 
Tips to find cheap classic car insurance
Published by Anneshirley on March 20th 2012 | Insurance
Classic car insurance coverage is different from the regular type of insurance coverage. The definit...
 
Looking for the best Colorado auto insurance quotes
Published by Auto Insurances on January 16th 2012 | Finance
There are many Colorado auto insurance companies that are offering great deals for insurance policie...
 
Georgia health insurance plan act as umbrella for your life
Published by Ricky Martin on July 26th 2012 | Insurance
With all these benefits Georgia health insurance plan is acting like umbrella for many people. So if...
 
What leads to cheap van insurance?
Published by Carleson on December 8th 2011 | Insurance
Insurers offer separate quotes for vans used for personal purposes and for commercial vans. Due to t...
 
Georgia health insurance plan is excellent option for your health cover
Published by on June 23rd 2012 | Insurance
Only getting health insurance policy is not important, getting the right one is more important, beca...
 
Finding the right life insurance online
Published by Chris Luke on March 21st 2012 | Insurance
This article gives detailed explanation for the need of selecting a right life insurance company or ...
 
Facts about car insurance comparison website
Published by Jameshaven on March 16th 2012 | Insurance
If an individual is looking to buy car coverage, he would indeed need various quotes to estimate and...