Green Slip Comparison

As well as the cheapest greenslip, there are other factors to consider when making your greenslip purchase.

You should look at any additional features on offer from the insurers, ease of and accessibility for purchase online, by phone or in person, terms and conditions and additional discounts.

The tables below allow you to compare those factors for each greenslip insurer.

At-Fault Driver Cover

All greenslip insurers provide the statutory cover required under the Acts. Since 1 December 2017 insurers provide statutory cover under Motor Accident Injuries Act 2017 and Motor Accidents (Lifetime Care and Support) Act 2006. Before 1 December 2017 these were Motor Accidents Compensation Act 1999 and Motor Accidents (Lifetime Care and Support) Act 2006.

Two of the insurers also incorporate an additional feature, providing benefits for drivers where the driver is injured and at fault in an accident. That feature is generally called At-Fault Driver Cover.

None of the insurers offers additional features other than At-Fault Driver Cover.

At-Fault Driver Cover was offered under the old greenslip scheme because the driver at fault in an accident was not covered to the same extent as other people, unless catastrophically injured. Under the new green slip scheme, drivers at fault can claim statutory benefits for up to 6 months.

At-Fault Driver Cover is limited by policy wording and exclusion and is also limited to specific injuries and the amounts set out in the insurers’ schedule of benefits.

The terms, exclusions and schedule of benefits vary, insurer to insurer.

The tables below offer an overview of each insurer’s position, the schedule of benefits and some notable exclusions. More information on At-Fault Driver Cover is available on this site.

Before purchasing a greenslip you should refer to the insurer’s policy document to understand the full terms applying to the insurer’s At-Fault Driver Cover.

Insurer	Additional feature – At-Fault Driver Cover
AAMI	None.
ALLIANZ	At-Fault Driver Protection cover is provided with some greenslips. Allianz At-Fault Driver Protection cover provides protection for specified injuries or death if you are the “at fault” driver in a motor accident. Certain drivers and vehicles are excluded from coverage and the At-Fault Driver Protection policy contains limitations, exclusions and conditions which you should check. The policy document is on the Allianz site.
GIO	None.
NRMA INSURANCE	CTP Driver Protection Cover is automatically provided with NRMA Insurance greenslips. NRMA CTP Driver Protection Cover provides benefits to some drivers for certain serious injuries if they have a car accident that is their fault. Certain drivers and vehicles are excluded from coverage and the CTP Driver Protection policy contains limitations, exclusions and conditions which you should check. The policy document is on the NRMA site.
QBE	None.

Insurer	Notable exclusions from At-Fault Driver Cover
Allianz	Motor bikes. Drivers under 25 years. Goods carrying vehicles with a gross vehicle mass greater than 4.5 tonnes. Vehicles that are 10 years old or more at the commencement of the period of CTP insurance.
NRMA INSURANCE	Motor bikes. Goods carrying vehicles with a gross vehicle mass greater than 4.5 tonnes. Hire vehicle, taxis, tow trucks and buses.

We have listed the exclusions which we think are notable. Each insurer will reject payment on the basis of many other exclusions. Those other exclusions are listed in each of the insurer policy documents. For a full list of exclusions, you need to refer to those policy documents.

Schedule of benefits	Allianz	NRMA
Quadriplegia	$250,000	$500,000
Paraplegia	$100,000	$250,000
Total loss of power of speech	–	$100,000
Total loss of hearing	–	$100,000
Loss of or permanent total loss of use of one limb	$50,000
Permanent / total loss of sight in one eye	$25,000	$50,000
Permanent / total loss of sight in both eyes	$50,000	$100,000
Amputation or removal of both hands and both feet	–	$150,000
Amputation or removal of one hand and one foot	–	$100,000
Amputation or removal of both hands or both feet	–	$75,000
Amputation or removal of one hand	–	$50,000
Amputation or removal of one foot	–	$50,000
Amputation or removal of thumb and forefinger on one hand	–	$25,000
Fractured pelvis	–	$10,000
Fractured skull	–	$10,000
Fractured spinal vertebrae	–	$10,000
Third degree burns to more than 10% of body	–	$20,000
Death within 6 months of accident	$10,000	$25,000
Total Benefits	6	18

If there is more than one injury, Allianz will pay only one benefit, the highest single benefit. In the event of death, Allianz will pay only the death benefit.

Excluding paraplegia and quadriplegia, if there is more than one injury, NRMA will pay combined benefits up to $150,000. If one of the injuries is paraplegia or quadriplegia, NRMA will pay only that benefit. In the event of death, NRMA will pay only the death benefit. If NRMA already paid for any injury and the person later dies as a result of that or any other injury, NRMA will not pay the death benefit as well.

Ease of purchase online

All five greenslip insurers offer online quotes or purchase.

Ease of purchase by phone

Even by phone, access to insurers is varied.

For just one insurer, a real person answers the phone initially. The other insurers use voice prompt systems with various levels of selection before you can speak to a real person.

Insurer	Phone number	Available times	Process
AAMI	13 22 44	8am to 10pm 7 days	A real person answers the phone. You will be connected to another real person who will deal with your enquiry or transaction.
ALLIANZ	13 1000	7.30am to 11pm Weekdays 8am to 9pm Weekend	Automated menu driven system.
GIO	13 10 10	8am to 10pm 7 days	Automated menu driven system.
NRMA INSURANCE	132 132	7am to 10pm 7 days	Automated menu driven system.
QBE	133 723	8am to 7pm Weekdays 8am to 1.30pm Saturday	Automated menu driven system.

Ease of purchase in person

Some insurers operate their own branch network and others operate through agents of some form.

Access to purchase a greenslip in person can be very restrictive, depending on the insurance company and where you live.

Insurer	NSW offices	Opening hours	Locations
AAMI	–	–	AAMI does not distribute through brokers or agents.
ALLIANZ	Motor Dealers	–	Many major motor dealers.
GIO	30+	Weekdays, business hours.	Check GIO site for branches and agents near you.
NRMA INSURANCE	220	Various	Check NRMA site for branches and agents near you.
QBE	–	–	QBE green slips are distributed through selected brokers and agents.

Terms and conditions

No greenslip insurer provides a schedule of Terms and Conditions or a Product Disclosure Statement for CTP greenslips.

To be allowed to issue greenslips, all greenslip insurers must provide the statutory cover required under the Acts. Since 1 December 2017, they provide statutory cover under Motor Accident Injuries Act 2017 and Motor Accidents (Lifetime Care and Support) Act 2006. Before 1 December 2017 this was Motor Accidents Compensation Act 1999 and Motor Accidents (Lifetime Care and Support) Act 2006. The performance of each greenslip insurer in this respect is monitored by State Insurance Regulatory Authority (was Motor Accident Authority).

Where insurers provide some form of protection for at-fault drivers as part of the greenslip, they provide a policy document. Allianz provides a policy document for Allianz At-Fault Driver Protection Insurance. NRMA Insurance provides a policy document for Compulsory Third Party At-fault Driver Cover.

Other than terms for At-Fault Driver Cover, the greenslip terms offered by all insurers are the same.

Discounts

Greenslip prices are determined by each insurer, after consideration of many factors including location, vehicle and driver age, claims history and driving record. Insurers can charge premiums only on a basis which has been submitted to SIRA and which has not been rejected by SIRA. Therefore discounts for factors such as a good driving record and lack of claims are already reflected in the greenslip price, provided the price being applied is the appropriate one for the vehicle and owner characteristics.

Some insurers purport to discount the greenslip price on the basis that other insurance products are placed with that insurer (product bundling). They offer discounts on other types of insurance (such as comprehensive vehicle insurance) on the basis that a greenslip and other products are bundled with that insurer.

A summary of the discounts offered by each of the insurers on other insurance products is set out in the table below. For more information on the discounts you should check the insurer’s site and speak to your insurer.

Insurer	Discount on other products with a CTP green slip
AAMI	None.
ALLIANZ	None.
GIO	GIO offers 10% multi-policy discounts. GIO will give a $50.00 discount off your next Comprehensive insurance premium, if you have GIO CTP insurance and a maximum No Claim Discount on your Comprehensive insurance. The discount does not apply to fleets or policies issued by GIO Business Insurance. Check the GIO site for full terms and exclusions.
NRMA INSURANCE	NRMA offers multi-policy discounts. If you bundle your CTP Greenslip with other NRMA Insurance products, NRMA Insurance offers loyalty discounts on certain other insurance products. With the Loyalty Discount, the more eligible policies you have and the longer you have been with NRMA, the greater the discount. The discount does not apply to commercial policies. Check the NRMA Insurance site for full terms and exclusions.
QBE	None.

TfNSW notification online

All insurers will electronically notify Transport for NSW (TfNSW) of the greenslip purchase.

Generally, subject to clearance of funds, notification will go through to TfNSW within 30 to 60 minutes of an approved greenslip purchase.

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