CTP Insurance Calculator for NSW and QLD

What Is CTP Insurance in Australia?

Compulsory Third Party (CTP) insurance — commonly known as the “green slip” in New South Wales — is a legal requirement for all registered vehicles in Australia. It provides coverage for injuries to other people if you're involved in an accident. CTP doesn't cover property damage or vehicle repairs.

How CTP Premiums Are Calculated

CTP prices vary across states and territories, and even within each state, factors like age, vehicle class, and location influence the premium. Our tool focuses on two of Australia’s major states: NSW and QLD, offering an estimated cost for 6 or 12 months of registration.

Factors Affecting Your Green Slip Premium

• Vehicle Type – Motorcycles usually attract lower premiums, while heavy trucks cost significantly more.
• Driver Age – Younger drivers (under 25) often pay more due to higher accident risk.
• State – NSW and QLD have different insurers, schemes, and risk calculations.
• Registration Period – CTP can be purchased for 6 or 12 months in most cases.

Why Use Our CTP Estimator?

• Get a quick estimate for budgeting before renewing your registration
• Compare costs for different vehicle classes and age groups
• Understand how premiums vary between NSW and QLD
• No login, personal info, or insurer required

Green Slip Providers in NSW and QLD

In NSW, green slips are offered by approved providers like NRMA, QBE, Allianz, and Youi. In QLD, CTP providers include Suncorp, RACQ, and QBE. The Motor Accident Insurance Commission (MAIC) in QLD and SIRA in NSW regulate the schemes.

Tips to Save on CTP

• Compare providers before purchase (some insurers offer lower base rates)
• Consider bundling with other vehicle insurance for discounts
• Avoid late renewals to skip penalty surcharges
• Maintain a clean driving history (no demerits)

Note that this calculator provides a generic estimate and doesn’t reflect exact prices from insurers. Use it to explore how changes in your driver profile, vehicle, or location could influence your premium. For an official quote, visit your state’s CTP portal or speak with registered insurers.

Whether you're a new driver, buying a used car, or simply renewing your rego in New South Wales or Queensland, understanding your compulsory third-party obligations is key. Use this CTP estimator before renewing to make informed decisions and avoid overpaying.