Is car insurance compulsory in Australia?
Is car insurance compulsory in Australia? Is car insurance compulsory in Australia? Every car owner in Australia must carry what is called “compulsory third party insurance” (CTP insurance). This type of insurance covers bodily harm to other people in the event of a car accident caused by you. Is car insurance compulsory in Australia? · Protecting the injured: This law aims to protect people who suffer bodily harm as a result of car accidents, and to ensure that they receive appropriate compensation. · Driver liability: Owning a car is a big responsibility, and compulsory insurance is part of this responsibility. Car insurance in Australia In addition to compulsory insurance, there are other types of car insurance that you can buy to provide broader protection, such as: · Compulsory third party liability insuranc...