People who drive in different parts of Australia, know that they have to make sure they are driving safely. Either they are riding on a motorbike or they own a car that they drive on a daily basis for going out to different places or for the workplace as well.
As a fact, most of the people who live in different parts of Australia know their legal and personal responsibilities and they know how they can serve well as a good citizen.
One of the responsibilities that roaders in Australia have to follow is that to obtain a third party insurance for the vehicle or the bike they have.
Some people think that it is unnecessary and should not charge the driver or the owner of the bike or the vehicle stays safe all time. This could be wrong because the insurance has been made compulsory due to many reasons as people may not know about the various factors that might affect their safety in different ways.
One of the greatest misconceptions is that people think they are going to pay for the third party damage and loss and that will cause them a loss for sure. When you get ctp that does not mean you will be paying for the loss of others, rather you may think it the other way round.
You should also consider it beneficial to yourself as well because when you hurt someone or cause damage to another one on the road who is driving his vehicle, you are obliged to pay the expenses that will compensate the loss and if you have got the third part insurance already the claim will compensate all the expenses providing a cover for you indirectly.
Another misconception is that some people could skip this process in order to avoid extra charges which is not true. This is a compulsory third part insurance and no vehicle would be on the road if they skip this insurance as this is obtained when you get your vehicle registered for driving in the area so you should not consider it as an optional thing.