CTP insurance in Tasmania

A guide to how CTP insurance works in Tasmania.

Peta Taylor's headshot

By

Peta Taylor

Updated

Fact checked

Start comparing

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

Sources

Peta Taylor's headshot
Written by

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

More resources on Finder

Get rewarded $$ for switching with Finder Rewards

Find a better deal, save on your bills and get a free gift card. Sign up to be the first to hear about new Finder Rewards.

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More guides on Finder

Go to site