CTP insurance is provided by a number of licensed insurance companies who set premium prices in a competitive market. They may take into account factors such as:
- your accident record
- the age of all regular drivers that drive your vehicle
- the age of your vehicle
- the type of vehicle
- comprehensive or third party property insurance
- the purpose for which your vehicle is used (private or business)
- renewal or new Green Slip
The criteria used by an insurer reflect its views on the risk associated with those factors.
CTP insurers also have discretion to offer discounts and impose loadings on premiums within the range allowed by the MAA Premium Determination Guidelines (available in the MAA Guidelines section of this website). Decisions about discounts or loadings vary between insurers. It is therefore important that vehicle owners shop around and obtain a number of quotes.
Green Slip prices are not set by the Government, the RTA or the MAA.
View the ‘Green Slip Calculator ® ’ for a quick and easy CTP quote comparison for your car from all insurers.