CTP insurance in Tasmania

A guide to how CTP insurance works in Tasmania.

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By

Peta Taylor

Updated

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Key takeaways

  • Compulsory Third Party insurance (CTP) is — as the name implies — compulsory.
  • It is included in your registration fee each time you renew it.
  • CTP insurance only covers injuries, not damage to your car. For that, you'll need other types of insurance.

How does CTP insurance in Tasmania work?

CTP insurance is issued by the Motor Accidents Insurance Board (MAIB) and the cost of this insurance is known as the MAIB premium in Tasmania. It is automatically built into your vehicle registration fee, covering personal injuries from motor vehicle accidents — no matter who's at fault. It helps pay for medical expenses, rehabilitation, and care for anyone injured, including drivers, passengers, pedestrians, cyclists, and motorcyclists.

How much is the MAIB premium?

This cost is built into the cost of your registration.

A motor car, which is defined as a motor vehicle constructed principally for the carriage of persons, including a campervan, and not included in any other class, has an MAIB premium of $298. This will be reduced to $238 for pensioners. This cost is accurate as of April 2025.

What does Tasmania's CTP scheme cover?

CTP Tasmania insurance provides compensation to all victims of motor vehicle accidents that occur in the state, regardless of who is responsible. Motorists who are responsible for an accident are still entitled to compensation. Compensation can pay for:

  • Medical, ambulance and hospital services
  • Rehabilitation
  • Loss of income
  • Long term care
  • Disability care
  • Funeral expenses and dependency benefits

While CTP covers you for legal liability, keep in mind that it does not cover:

  • Loss or damage to someone's property
  • Damage to your car, motorcycle or any other vehicle
  • Fire or theft

Do I need any other insurance?

CTP insurance only covers you for the legal liability of injuries caused by car accidents. It does not cover damage to your car or the legal liability of damages you incur to other people's car or property. To be covered for this, you should look into third party property damage, third party fire & theft or comprehensive car insurance. Comprehensive insurance is the only one that will cover you for damage to your own car during an accident.

FAQs

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Publisher of Insurance

Peta Taylor is a publisher at Finder, working across all of insurance. She's been analysing product disclosure statements and publishing articles for over 2 years. Peta is passionate about demystifying complex insurance products to help users make well educated decisions with confidence. Peta is part of Finder's insurance awards team and works alongside editorial and insights experts to bring users the best insurance products every year. See full bio

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