Greenslips 4 Earth (NSW only)
- Compare 6 CTP insurers in NSW
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Greenslips 4 Earth (NSW only)
Compulsory third party insurance provides cover for compensation costs to people injured or killed in an accident involving your vehicle. This can include you (the driver of the vehicle), other drivers (including cyclists and motorcyclists), passengers and pedestrians.
The type of compensation available covers both economic and non-economic loss, meaning that hospital, medical and rehabilitation expenses as well as loss of income will be covered, as is pain, suffering and loss of quality of life.
You can generally receive medical expenses for up to 6 months, as well as attendant care if you need help around the home while you recover.
If your injury is more serious, and you were not mostly at fault, you can claim benefits for longer than the 6 months.
In Queensland, you need to take out CTP insurance before registering your car. There are currently 6 private car insurance companies to choose from: Allianz, QBE, RACQ and Suncorp.
In New South Wales, you need to get your CTP insurance ('greenslip') before registering your car with a private insurer. There are currently 6 available: Youi, AAMI, GIO, Allianz, NRMA and QBE.
The ACT Motor Accident Injuries (MAI) insurance scheme replaced CTP insurance on 1 February 2020. MAI must be paid at the same time as car registration. There are currently 4 licensed private insurers to choose from: NRMA, GIO, AAMI and APIA.
In Victoria, you pay for your rego and CTP together. The Transport Accident Commission (TAC) is the only insurer under the scheme.
CTP is included in your car registration in Tasmania. There are no private insurers in Tasmania so you don't need to choose a CTP provider.
The CTP insurance scheme in South Australia was opened up to private insurers in July 2016. You will have to choose from 4 private insurers: AAMI, Allianz, QBE or SGIC.
In WA, there's only 1 CTP insurance provider: the Insurance Commission of Western Australia (ICWA). Cover is automatically included when you pay for your car rego.
CTP insurance is included in your registration in the Northern Territory and administered by the Territory Insurance Office (TIO) so you don't need to worry about choosing between specific CTP insurers.
It depends where you live. In Queensland, New South Wales, South Australia or the ACT you're able to choose your own CTP insurance provider.
When your renewal date gets near, you'll be sent a renewal notice by your current insurer. It'll show you a renewal price they've set for the next 12 months. However, you don't need to renew with them.
By using a green slips calculator, you have the option to look and see who provides the best option for you. These calculators let you compare prices side-by-side.
Note – CTP prices in Queensland are the same.
However, in all other states or territories of Australia, CTP's offered by a state-owned or government-licensed insurance provider.
Remember, if you're involved an accident, CTP won't cover you for any damage caused to you or anyone else’s car or property – but comprehensive car insurance will.
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