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Essay text:
Vehicles can only be registered after they have been checked to ensure they are safe to be on the road.
The average cost of registering a vehicle (per annum) includes:
• Vehicle licensing fee
• Compulsory third party injury insurance premium of $227.50
• A recording fee of $9.60
• GST on third party insurance of $22.75
• Stamp duty on third party insurance of $25.03
Insurance
Vehicle insurance (or auto insurance, car insurance, motor insurance) is insurance purchased for cars, trucks, and other vehicles. Its primary use is to provide protection against losses incurred as a result of traffic accidents...
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