Why are NSW green slips more expensive than Queensland?
Asked by Ian Sutton
I'm moving to Queensland soon and, as my NSW vehicle is coming up for registration, I did some comparisons on green slips. In NSW I've been quoted $504.70 for the year by GIO but in Queensland the same GIO/Suncorp is only $329.60. I feel the NSW motorist is being fleeced by these green slip suppliers.
Answered by CarsGuide
26 Aug 2016Green slips are a type of insurance and, as such, the cost will always vary depending on the risk conditions. NSW must be a riskier place for third-party claims which will be reflected in the annual premium.
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