In NSW, Green Slip is the term used for Compulsory Third Party insurance (CTP). You must buy a CTP Green Slip in NSW before you can register your vehicle. It generally covers the liability of you, or anyone who drives your vehicle with your permission, for injury caused to passengers and other road users in an at-fault motor accident. In some states, CTP insurance may give some cover to the driver of your vehicle if they’re injured but at fault in a motor vehicle accident. Our NSW CTP Insurance offers great rates for safe drivers aged 30 years and over.
The price of your Green Slip will vary depending on several factors. The State Insurance Regulatory Authority (SIRA) regulates the CTP market and licenses some insurers to sell and manage CTP insurance in NSW. As CTP insurance is defined by the Motor Accidents Injuries Act 2017, coverage provided by all insurers is essentially the same.
SIRA prescribes the factors that all insurers must apply when setting their premiums. Insurers can supplement these factors with additional criteria that are deemed appropriate to determine premium levels. These factors include: the location in which the insured vehicle is garaged, your driving history, the age of all drivers of your vehicle, the age of your vehicle, the type of vehicle being insured, the purpose for which your vehicle is used and your entitlement to claim an Input Tax Credit on your CTP premium.
Yes, you can pay for your Green Slip online using a credit or debit card. We’ll automatically send your Green Slip information to Transport for NSW electronically, so that you can register your vehicle with Service NSW.
If you’re a taxi driver in NSW, you have the option to pay your premium in instalments. For all other vehicle owners, the full premium has to be paid upfront. To help with spreading the cost of your CTP insurance across the year, most people have the option of a 6-month registration period. If you own a heavy commercial vehicle with a GVM of more than 4.5 tonnes, you may even have the option of a 3-month registration period.
When you get a quote for CTP insurance, insurers will ask you for your driving history, including any demerit points you might have incurred. This helps determine your risk profile and ensures you’re being quoted the best premium we can offer. Most insurers offer safe driving discounts for those customers who haven’t received any demerit points.
No. As trailers are covered by the towing vehicle’s CTP insurance, they don’t need a separate Green Slip.
Your NSW Green Slip is attached to the car’s registration. When you sell your car, the CTP Insurance or NSW Green Slip will be transferred to the new registered owner.
If the motor vehicle accident happened in NSW on or after 1 December 2017 and you were injured in it, you may be entitled to make a CTP claim – regardless of who was at fault. For more information about when to make a claim, visit NSW Claims.
There are strict timeframes in relation to making a claim if you were injured before 1 December 2017. Give us a call on 1300131319 to find out more.
As the driver, cover for your injuries depends on the law of the state or territory where the accident happened. For more information, visit the NSW State Insurance Regulatory Authority (SIRA).
You may only change your CTP insurance provider at the start of each registration period. Once your CTP Green Slip has been used to register your vehicle, the only way that you’ll be able to change insurers is by cancelling and re-establishing your registration.
Your CTP Green Slip will cover your vehicle as long as it’s registered. To cancel your Green Slip, you must first cancel your registration with Transport for NSW (TfNSW). Any refund for the unused premium is calculated from the date TfNSW confirms deregistration.
TfNSW will provide you with a letter that can be used as proof that your vehicle’s registration has been cancelled. You’ll need to provide this letter to your CTP insurer, who can then process your policy cancellation and refund any unused portion of the premium.
No. CTP Insurance is attached to the motor vehicle registration. The CTP Insurance will be transferred to the new registered owner.
If your vehicle is deregistered due to a total loss or having been stolen, we’ll refund any unused portion of your CTP premium once we’ve been provided with proof of deregistration. Any refund for the unused premium is calculated from the date TfNSW confirms deregistration.
No. Learner drivers are covered automatically. Once they get their probationary licence, you’ll need to contact us to add their Date of Birth to the policy as the youngest driver.
The Fund Levy is a part of your CTP premium. It covers ambulance and initial hospital fees, as well as lifetime care for the severely injured. It also preserves funding for future treatment and care for those who are seriously injured and not at fault in the accident. The Fund Levy consists of the:
- Motor Accidents Operational (MAF) Fund Levy
- Lifetime Care and Support Scheme (LTCS) Fund Levy
- Motor Accidents Injuries Treatment & Care (MAITC) Fund Levy.
If you have other questions about your premium or need help with a claim, call CTP Assist on 1300656919 (8:30am to 5pm, Monday to Friday), or send an email.
