NSW Green Slip

The price of your Green Slip will vary depending on a number of factors. The State Insurance Regulatory Authority (SIRA) regulates the CTP market and licenses some insurers to sell and manage CTP insurance in NSW. CTP insurance is defined by the Motor Accidents Injuries Act 2017 and, as such, coverage provided by all insurers is essentially the same.

SIRA prescribes a number of 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.

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.

You may only change your CTP insurance provider at the commencement 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 (see “How do I cancel my CTP policy?”).

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), formerly the RMS. Any refund for the unused premium is calculated from the date TfNSW confirms deregistration.

Once deregistered, TfNSW will provide you with a letter which can be used as proof that your vehicle’s registration has been cancelled. Once this letter is provided, your CTP insurer 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.

From 12.00am on 1 September 2021, we no longer offer At-Fault Driver Protection insurance to new or renewing customers with CTP Insurance.

For CTP policies commencing or renewing prior to 12:00am on 1 September 2021 (‘End Date’) the cover offered under Allianz At-Fault Driver Protection Insurance Policy is available to eligible customers until their CTP policies first renewal date after the End Date. After the first renewal date, the Allianz At-Fault Driver Protection Insurance cover will no longer be available to those customers.

For full terms and conditions of the Allianz At-Fault Driver Protection Insurance cover, including details of eligible customers, please review the At-Fault Driver Protection Policy document.

The Fund Levy is a part of your CTP premium. It covers your 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, the Lifetime Care & Support Scheme (LTCS) Fund Levy & the 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 1300 656 919 (8:30am to 5pm, Monday to Friday), or send an email.

Customers who use their vehicle as part of a GST registered business are able to claim back the GST portion of their CTP premium from the Australian Taxation Office as an ITC when lodging their business activity statements. Due to different tax treatments, the cost to the insurer of claims made by ITC-entitled customers is higher than that for customers who are not entitled to an ITC.

For this reason, CTP insurers charge a higher premium to GST-registered customers that are entitled to an ITC. If you’re registered for GST purposes and are able to claim the ITC on the premium, you must answer “yes” to the question “Is anyone entitled to claim an input tax credit on this vehicle?” This is the case even if you don’t intend to claim the ITC. For more information, contact the Australian Tax Office or speak to your taxation advisor.

In December 2017, the NSW Government amended the CTP Scheme to better support people injured in motor vehicle accidents on NSW roads. The new CTP Green Slip reforms scheme is focused on early support and recovery.