Compulsory Third Party (CTP) Insurance

What is CTP Insurance?

CTP insurance stands for Compulsory Third Party insurance. This insurance provides for compensation for people injured or killed when your vehicle is involved in an accident.

• CTP insurance is compulsory in all states of Australia.
• You cannot register your vehicle without having a CTP policy in place.
• In most states and territories, your CTP is included with your registration.
• In NSW you must purchase it as a separate step before renewing your registration.

States vary on the basis of other factors, including fault, liability, injury and compensation. States also have different requirements for vehicle safety and identity checks to be satisfied before registration.

CTP insurance in all states and territories

Learn more about the rules and requirements for CTP insurance and registration in the state or territory where you live:

• Australian Capital Territory

• Northern Territory

• New South Wales

• Queensland

• South Australia

• Tasmania

• Victoria

• Western Australia.

Regardless of location, CTP insurance will not cover you for damage to vehicles (yours or other parties’), damage to property or theft. You need to insure separately for these losses.

CTP insurance FAQs

1. What does CTP cover?

CTP insurance provides for compensation for people injured or killed when a vehicle is involved in an accident. It indemnifies the driver of the vehicle, who caused the injury, against claims for the damage and losses caused.

2. Why is CTP compulsory?

Third party personal insurance is compulsory so compensation for loss is not dependent on the means of the person who caused the loss. Without CTP insurance, compensation may not be available equally to all parties who are entitled to some form of compensation.

3. Do I still need comprehensive insurance?

Comprehensive insurance and CTP insurance are entirely different. CTP insurance does not cover damage to property, damage to vehicles or theft. Coverage for these incidents is generally included in comprehensive insurance.

4. Who receives the CTP premium?

The CTP insurance premium is received by the insurer or body that underwrites the scheme. The insurer or underwriting body also pays CTP claims.

5. How do I find cheap CTP insurance?

The answer to this question depends entirely on the state or territory where you live.

• In some states there is only one CTP underwriter and the CTP premium is included in your registration.
• In Qld, ACT, SA and NSW there are multiple CTP insurers.
• Compare CTP insurance quotes to find the cheapest CTP price available in those states and territory.

Use the greenslips.com.au Calculator to find the cheapest NSW CTP prices.