CTP Greenslip (NSW)

Submitted: Tuesday, Mar 13, 2007 at 15:45
ThreadID: 43200 Views:5750 Replies:9 FollowUps:2
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I had no idea there was such a variance in prices for CTPs. Got a renewal from Alliance $745, checked NRMA $400.

Told Alliance that they were almost twice as much and they didn't seem to give a toss........
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Reply By: Cobes - Tuesday, Mar 13, 2007 at 15:53

Tuesday, Mar 13, 2007 at 15:53
Hi Landy,
The best price i could get was with aami at about $274 followed by QBE at $276.
It certainly pays to shop around.

Cheers
Chris.
AnswerID: 227148

Reply By: smort - Tuesday, Mar 13, 2007 at 16:06

Tuesday, Mar 13, 2007 at 16:06
Hi all

you can get a quote any time from all the authorised insurers at Motor Accidents Authority maa.nsw.gov.au/

As said it pays to shop around

AnswerID: 227150

Follow Up By: Kev M (NSW) - Tuesday, Mar 13, 2007 at 18:06

Tuesday, Mar 13, 2007 at 18:06
Even with using that site the cheapest price is still about $100 dearer than what the MAA estimates it at. I just did the comparison and AAMI won the cheapest estimate but ended up $100 dearer when an proper quote was then gained from the online quote link.

Very cheeky I think.

Kev
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Reply By: Member -Signman - Tuesday, Mar 13, 2007 at 16:15

Tuesday, Mar 13, 2007 at 16:15
I got a quote from NRMA for about $400 - eventually got NRMA CTP from an NRMA agency for around $280....go figure??
(Can give you details if still required) !!
AnswerID: 227151

Reply By: peterjs - Tuesday, Mar 13, 2007 at 16:32

Tuesday, Mar 13, 2007 at 16:32
Makes you wonder just what gives with CTP's, my 2003 Land cruiser with Allianz was $239.00 last year, good price but I do live away from a city, but check this out, my Honda motorbike 750cc, CTP last year with NRMA $247.50, just got renewal with NRMA this year gone to $489.00, got to be a joke, checked in net and with GIO $232.74, just may call into NRMA and see what gives. Pete
AnswerID: 227153

Follow Up By: robak (QLD) - Tuesday, Mar 13, 2007 at 16:55

Tuesday, Mar 13, 2007 at 16:55
It's standard practice with insurance companies. First year is cheap and then they hike it up every 12 months.

So it's best to change every year.

R.
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Reply By: disco1942 - Tuesday, Mar 13, 2007 at 17:53

Tuesday, Mar 13, 2007 at 17:53
Posters are quoting prices without stating age or location. This makes some difference. With GIO age does not matter but a post code location of 2259 attracts a premium of $263.79 for my Disco where as if I lived in Sydney it would be $318.90.

Green Slips web site www.greenslips.com.au/ has some interesting info for CTP insurance comparison in each state. They quote premiums on a Crumpledoor in each capital city.

PeterD
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AnswerID: 227186

Reply By: Bware (Tweed Valley) - Tuesday, Mar 13, 2007 at 19:14

Tuesday, Mar 13, 2007 at 19:14
It's a weird thing; it's not like comprehensive insurance that varies depending on accessories/off-road cover/address etc and which company offers what. CTP is an across the board basic thing so why should the prices vary so much? I have also shopped around and found huge variances in prices. It's like one store charging you twice as much for milk as the store next door.
AnswerID: 227211

Reply By: Gronk - Tuesday, Mar 13, 2007 at 23:47

Tuesday, Mar 13, 2007 at 23:47
Just paid mine today, 2259 postcode, Alliance..$276 !! Go figure ??
AnswerID: 227295

Reply By: smort - Wednesday, Mar 14, 2007 at 06:38

Wednesday, Mar 14, 2007 at 06:38
Hi all

further to the green slip discussion - just renewed nrma green slip for my isuzu truck "mcara" - rta and insurance talk for motor caravan - the renewal notice arrived with a $511+ number on it - online quote from nrma via link with MAA and the price reduces dramatically - appears that renewal notice number assumes that the vehicle is uninsured - further can't alter renewal price online - have take it to the nrma agent with insurance papers - not necessarily nrma - with level 1 ncb and the price changes to $248+. Interestingly the insurance papers were not looked at - just a question - is it insured? A: yes. Seemed so smooth and practised - seemed like a verion of sincerity - sure u have all heard how important sincerity is in business - when you can fake it you have it made.

NRMA previously had a paragraph on renewal notice that went something like - the premium may be reduced if evidence of level 1 ncb is produced. Nothing on the most recent renewal notice. Wonder how many confused old things - myself included - just toddled off and renewed at the original face price of $511.

Would it be going too far suggesting it has something to do with competition nrma faces and low NRMA share price - am I alone or has anyone else noticed more than slight difference with nrma insurance since demutualisation - now separate but including a dramatically increase in road service cost.

Didn't check for other quotes as have found previously that my combination of postcode & vehicle always got a cheaper quote (with level 1 ncb) from nrma - perhaps I should have looked further.

AnswerID: 227310

Reply By: peterjs - Wednesday, Mar 14, 2007 at 15:14

Wednesday, Mar 14, 2007 at 15:14
Just an update on my post, No 4 above, I called into my local NRMA in Grafton 2460 to check it out, guess what !!!!!!!!!! now down from $489.00 to $358.45 for the green slip, got to hand to them for trying. Pete
AnswerID: 227405

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