Youi now offers compulsory third party (CTP) insurance to NSW drivers.
Important InformationYoui is no longer offering Compulsory Third Party (CTP) Insurance. However, the information on this page has been kept for the benefit of existing customers.
If you would like to compare the current range of Youi car insurance policies, click here.
But what is and isn’t covered by Youi’s CTP policy? Let’s take a closer look.
What does Youi CTP insurance cover?
If you’re the at-fault driver in an accident that results in an injury to a third party, Youi CTP green slip insurance covers the cost of the injured person’s compensation claim. The third party could be a passenger in your vehicle, another driver, a motorcyclist, a pedestrian or a cyclist.
Youi CTP insurance covers the injured party’s reasonable and necessary medical treatment, including any associated costs, such as travel expenses, as well as loss of income as a result of the accident.
Following recent reforms to CTP insurance in NSW, the policy now also provides up to six months cover for you as the at-fault driver, unless you are charged with a serious driving offence. This allows you to claim for your reasonable treatment and rehab expenses, commercial attendant care and a percentage of your lost income.
What’s not covered?
Youi CTP insurance does not cover the following:
- Accidental damage to other vehicles
- Accidental damage to other people’s property
- Accidental damage to your own vehicle
Are there any additional benefits?
Youi customers who take out CTP cover are eligible for YouiRewards. This rewards program entitles you to half the value of your CTP premium in the form of YouiDollars.
You can redeem your YouiDollars for discounts on food, fuel, flights and a wide range of other expenses from Youi’s partner retailers.
How much does Youi CTP insurance cost?
The following factors can influence your CTP insurance premiums:
- The class of vehicle. The insurer will take into account the frequency of accidents and average claims costs for the class of vehicle you want to cover.
- GST Input Tax Credit. Next, the insurer will consider whether you have the right to claim a GST Input Tax Credit and an amount for the insurer’s administration and claims handling costs.
- Nil-demerit discount. If you haven’t accrued any demerit points on your licence, you may be eligible for a nil-demerit premium on your Youi CTP policy. However, eligibility depends on the type of car you drive as well as its age and the ages of all drivers, with cover cheaper for drivers over 30 years of age.
How do I buy Youi CTP insurance?
To purchase a CTP green slip from Youi, all you have to do is follow a few simple steps:
- Click the “buy online” link through the Youi website or phone Youi on 1300 219 438. You’ll need to provide details such as your plate number or Vehicle Identification Number (VIN) when buying cover.
- Visit the Roads & Maritime Services website (RMS) and register your vehicle.
- If an inspection or E-safety check is required, you can find your nearest E-safety check station via the RMS website and book your vehicle in for the relevant check.
Does Youi offer any other types of car insurance?
Youi also offers three levels of optional car insurance cover to Australian drivers:
- Comprehensive. This policy covers your vehicle against accidental damage as well as damage caused by fire, theft, storm, intentional damage and a wide range of other events. Legal liability cover, a hire car following theft and cover for emergency transport, accommodation and repairs are also included.
- Third Party Fire and Theft. This mid-level policy option covers your vehicle for loss and damage due to fire and theft, with benefits including a hire car following theft and cover for emergency transport, accommodation and repairs. You can also get $20 million legal liability cover.
- Third Party Property Only. This policy provides legal liability cover when you cause damage to someone else’s property, while it also provides protection if your car is damaged in a no-fault accident with an uninsured motorist.