Looking for a greenslip and want to maximise your savings? There are several ways you can make the most of your CTP greenslip in 2022. Here’s our guide to not only choosing the right greenslip for you this year but also setting yourself up for continual savings throughout 2022.
Choosing The Right Greenslip
Before committing to a Greenslips 4 Earth greenslip, it’s important to assess all your options. Here are a few things to keep in mind when comparing greenslips in 2022.
Understanding The Different Types Of Greenslips
The first step to choosing the right CTP insurance for you is to determine what you want from your insurance. This is a personal decision that will depend entirely on you and your needs.
All CTP insurance providers offer the basic coverage you would expect, being third-party cover that protects other drivers, pedestrians, and passengers who are injured in an accident caused by you. Where some insurers differ is by offering token cover for at-fault drivers. This means that if you are injured in an accident caused by you, you can also claim. This option is only offered as part of CTP insurance by a select few providers.
It’s important to note that CTP insurance is compulsory for NSW drivers and is only the most fundamental level of insurance you can purchase. To protect your vehicle, cover damage to other vehicles, and more, you will need to purchase additional insurance on top of your CTP which can also include At-Fault Driver Protection insurance.
You’re probably wondering if there is a way you can get a reduced rate on your CTP insurance.
Unless your vehicle is an extremely unique case, the prices are set by insurers and carefully calculated to cover a range of factors. Your age, vehicle make and model, driving record, and claims history all factor into how much your CTP will be.
How Greenslips 4 Earth Help You Save
So if you can’t possibly get a discount on your CTP greenslip, how do we help you save? Where you will find key savings is with our Greenslip calculator. You can easily type in your details and we will present you with the best CTP options available to you at that point in time.
When you can see an environmentally friendly CTP NSW quote right next to quotes from other leading providers, you know exactly which one is the most affordable. Knowing that all greenslips offer the same underlying cover, having access to the price differences can be a big deciding factor.
Saving Money & The Planet
One more thing that is worth considering when you purchase your CTP insurance is your environmental impact. Just by driving on our roads, we contribute to greenhouse gasses which negatively impact our natural environment. Our company mission is to help reduce this negative impact and champion sustainability for our planet.
When you compare CTP quotes with Greenslips 4 Earth, you can opt to purchase insurance with one of our environmental partners. This means that a tree will be planted as a direct result of your purchase, offsetting some of that pollution.
How You Can Continue To Save
Now that you have purchased your CTP insurance, that doesn’t mean the opportunity to secure savings is closed. There are still ways to maximise your Greenslip even after you have purchased your policy. Here are a couple of tips that will help you save more on your insurance in the future.
Compare CTP Prices At Each Renewal
It’s a common misconception that staying with the same insurance provider over a long period of time will eventually lead to savings. While sometimes true, this isn’t always the case. CTP rates can change more than three times a year, and insurers must file their current rates annually. This means that the market is constantly changing.
Just because your CTP policy was the most affordable at the time of purchase, that doesn’t mean it still is. Compare the most recent prices at each renewal to ensure you’re getting the best deal on the market.
Improve Your Driver Record & Avoid Claims
One of the best ways to ensure future savings on your CTP insurance is to be a good driver. The fewer claims you make or demerit points you have, the more likely you are to get a better deal on your insurance.
The only way to improve your driving record is with time. Drive carefully, avoid speeding and reckless driving, and always follow the road rules to avoid being hit with demerits.
Lock-In Good Rates For Longer
When you purchase your CTP insurance, you have the option of purchasing for 6 or 12 months. You’ll likely find that the 12-month rate is marginally cheaper than the shorter 6-month rate, saving you money over time.
It’s also important to note that, if rates are particularly cheap at the time of your purchase, locking them in for 12 months rather than 6 could be advantageous. This will help you avoid having to pay more in 6 months’ time if prices surge.
Renew On Time
An extremely simple way to keep your CTP insurance costs down is to renew on time. If you miss your renewal date and need to re-register your vehicle, your CTP insurance rates will go up. You will also need a Blue Slip which means further unnecessary costs.
Compare Greenslips Now
Ready to save on your CTP? Compare prices now to choose the most affordable policy available.