Quote:
Originally posted by Oz
Do your homework better...
CTP = Green Slip = basic insurance neccesary to drive on public roads. Covers others from ill effects of your wayward vehicle. It goes up from there - CTP + Fire, Comprhensive etc.
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Oz...you should also get your facts right when you are going to rolleyes
CTP - greenslip insurance is needed when getting rego. It covers other people if they get injured in an accident that is your fault.
In terms of vehicle insurance, in NSW you only have the option of Third Party, or Comprehensive insurance.
3rd party cover, covers any damage to another vehicle you may cause, and also covers you for a certain amount from damage sustained to your vehicle from an uninsured driver up to a certain amount eg. $3000.
Comprehensive cover - covers damage, ie your fault/car is stolen, etc. ie comprehensive....
to give you a rough idea on teg insurance....the major insurers like nrma...gio will probably quote you around the 4000 mark for insurance for a teg. You may get it slightly cheaper with Just Cars, or other smaller insurance companies.
I am with Vigil Underwriting....however you will not be able to insure a stock integra with them. Mine is covered under the modified car category, and my mods are on the policy. They are decently priced...my policy even went down a decent amount this year. I'm pretty lucky, but
I have a colleague who is also keen on buying a teg..and cheapest he found so far was about the $3400 range...and he's 20.