If the price of your green slip has gone up, it may be because of a change in your vehicle or circumstances. Insurers consider many factors to set the price of your green slip. Find out some possible reasons why yours has gone up.
All prices have gone up
The average price of a green slip has gone up for everyone. In fact, average green slip prices have risen 12.4% since 2022.
The price of food has gone up by 17.1% since 2022. (This year, food bills rose 11%, the biggest jump in 5 years.)
Greenslip price changes 2014-2025
Year |
|
Price change |
2015 |
|
up 6.5% to $668 |
2016 |
|
highest price at $695 |
2018 |
|
down 17.4% to $569 after reform |
2022 |
|
lowest price at $541 |
2024 |
|
up 4.6% to $574 |
2025 |
|
up 6% to $608, biggest jump since 2015 |
Greenslip prices also go up if your vehicle or your personal circumstances change. Here are some examples that could apply to you.
I bought a different kind of car
Your green slip price has gone up because:
- It’s a ute/light goods vehicle, which generally costs more than a motor car.
- You bought a car with a more powerful engine.
- It’s an older vehicle with fewer safety features.
- More claims are made by owners of this type of vehicle.
I moved to Sydney from Wollongong
Your green slip price has gone up because:
- Sydney is the Metro area where all green slips cost more than in other areas.
- Metro areas cost more because there are more serious injuries from road accidents.
- People in metro areas also make more claims.
I received a couple of demerit points
Your green slip price has gone up because:
- Insurers view demerit points as a sign of risk.
- Insurers charge more for one or more demerit points.
- Your demerit points remain current for 3 years for green slip prices.
I had an at-fault accident
Your green slip price has gone up because:
- Insurers view at-fault accidents as a sign of risk.
- You made a claim on your insurance.
- Any at-fault accidents remain current for 5 years for green slip prices.
I’m in my 70s now
Your green slip price has gone up because:
- Greenslip prices are charged according to your age bracket.
- Generally, green slips become cheaper with age, but increase in your 70s.
Compare prices before you buy your green slip
Nobody wants to pay more than they have to. It’s more important than ever to compare prices.
As always, use the greenslips.com.au Calculator to be sure you pay the cheapest price.
Essential to know
Greenslip prices can change often because:
- Insurers must submit their prices to SIRA at least once a year.
- They are allowed to submit price changes at other times of the year.
your opinion matters: