A comprehensive car insurance in Queensland includes the Compulsory Third party insurance. True False
Question
A comprehensive car insurance in Queensland includes the Compulsory Third Party insurance.
- True
- False
Solution
In Queensland, Australia, it is true that comprehensive car insurance includes Compulsory Third Party (CTP) insurance. This is a mandatory requirement for all vehicle owners in Queensland. CTP insurance covers damages caused to other people in the event of a car accident where you are at fault. It provides compensation for the injuries sustained by third parties, but it does not cover any property damages or injuries to the insured driver or their passengers.
Comprehensive car insurance, on the other hand, covers a wider range of incidents, including damages to your vehicle due to accidents, theft, weather events, and more. However, it's important to note that while CTP is included when you purchase comprehensive insurance, it is legally required as a standalone policy. Thus, every vehicle must have this insurance to be registered in Queensland, ensuring that all road users are protected.
Final Answer
True - A comprehensive car insurance in Queensland includes Compulsory Third Party insurance.
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