The MAA has issued a warning about a greenslip scam.
The scam was uncovered after reports from two insurers and involves more than 1,000 ctp greenslip policies. It seems to be centered around the south western suburbs of Sydney.
Under the scam, purchasers are paying cash at inflated prices for greenslips obtained fraudulently. Victims loose their money and do not have a valid greenslip for their vehicle.
When purchasing a greenslip, it is critical to ensure you purchase the greenslip directly from one of the seven licensed insurers or from a reputable broker or agent. The price of the greenslip should be based on your vehicle and your details. If in doubt, contact the insurer to confirm the price and to confirm that the broker or agent is entitled to act for them. Contact details for the insurers are set out on this website.
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