CTP insurance in Victoria

How CTP insurance and the TAC work

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Victoria’s compulsory third party (CTP) insurance scheme is administered by the Transport Accident Commission (TAC).

CTP is the type of car insurance that pays for injuries on the roads. It’s mandatory all over Australia, but works differently in each state.

CTP is an insurance policy that’s paid for when you register a car in Australia.

How it works in VIC

If you’ve been in a road accident, you can contact TAC. It’s a no fault scheme, designed to compensate injured parties regardless of who is found to be responsible for an accident.

It can pay for necessary:

  • Ambulance, hospital and nursing services
  • Treatment and support for severely injured or disabled people
  • Rehabilitation services
  • Medical services
  • Therapy services
  • Household and community support services
  • Medical and equipment
  • Travel expenses for the purposes of receiving necessary treatments
  • Compensation for loss of income
  • Lump sum compensation

Generally, the idea to make sure that anyone who’s injured in a road accident is able to access the full range of medical treatments, compensation and support services they need, for anything that’s related to injuries they sustained in their accidents.

A portion of your car registration fees go towards paying for this, while a significant portion also go towards road safety campaigns. After all, the prevention’s better than the cure.

What does CTP insurance no cover?

It does not cover anything not related to injuries suffered in a road accident, or anything that will not help you.

But within those strict boundaries, it can pay for a wide range of things.

Do I need any other cover?

CTP insurance is mandatory, and automatically gotten with vehicle registration.

But it does not cover any kind of damage to your vehicle, or your liability for damage to another person’s property.

For that, you will need comprehensive car insurance, or third party property damage car insurance.

See what other kinds of car insurance you can get in Victoria, and how much it costs.

CTP won't cover your car in an accident, but comprehensive car insurance might

Name Product Roadside Assistance Accidental Damage Storm Choice of Repairer Agreed or Market Value
Budget Direct Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Awarded the 2019 Finder Award for the Best Value Car Insurance, this policy offers solid coverage at a low cost. Budget Direct’s claims service has received a 4.2/5 based on nearly 5,000 customer reviews.

Who it might be good for: People who want a comprehensive policy without breaking the bank.
Bingle Comprehensive
Market
Finder's summary:Bingle consistently comes up as one of the cheaper insurers out there. It only covers the basics, so you don't get to choose your own repairer, you're not covered for personal items in the car and unless you add it as an option, you won't get a hire car if your car is stolen. But this keeps its premiums low.

Who it might be good for: Someone who wants a low-cost option that covers them for the basics.
Coles Comprehensive
Optional
Agreed or Market
Finder's summary: Coles have two-tiers of comprehensive car insurance to choose from. You'll earn double flybuys points at Coles supermarkets and you can get $10 off your Coles grocery bill every time you redeem 2,000 Flybuys points. If you're over 30, you can get roadside assistance free for a year.

Who it might be good for: Coles customers and Flybuys collectors.
Virgin Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Finalists for the 2019 Finder Awards for Best Value Car Insurance, Virgin Comprehensive provides a good level of cover for a decent price. Get 15% off on your first year’s premium when you purchase a new eligible comprehensive car insurance online. T&Cs Apply.
Poncho Comprehensive
Agreed
Finder's summary: Poncho works like a monthly subscription – you pay monthly and can cancel and leave at any time. You can also list multiple cars and drivers under one policy, making it ideal for families and groups living together under one household.

Who it might be good for: People who want their car insurance month to month.
Youi Comprehensive
Optional
Agreed or Market
Finder's summary: Youi Comprehensive Car Insurance is one of the few providers to include roadside assistance in its policy. You'll also get access to YouiRewards which gives you discounts on furniture, parking and more. Youi also has a live chat feature on its site to talk through any questions.

Who it might be good for: People over 25 who want comprehensive cover with a focus on customer service
Qantas Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: You'll be able to pick and choose how comprehensive you want your cover to be with optional extras like roadside assistance, choice of your own repairer and the option of agreed or market value. Plus earn Qantas Points for joining and paying your premium. Sign up by 28 February 2021, you can earn up to 40,000 Qantas Points (points awarded will be based on your premium). T&Cs and eligibility apply.

Who it might be good for: People who love collecting frequent flyer points.
Stella Comprehensive
Optional
Agreed or Market
Finder's summary: Stella’s a female-focused insurer. It'll cover you if your car is damaged as a result of domestic violence. It offers higher cover for baby gear than most, with up to $2,000 cover for prams, strollers and child seats. You get a free Bauer magazine subscription when you sign up and a portion of your premiums go to supporting female-led businesses.

Who it might be good for: Someone who wants a female-centred car insurance policy (it will cover men too).
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