In New South Wales (where CTP is often known as ‘green slip‘) and Queensland, you must have CTP Insurance sorted before you can register your car. Drivers can buy it directly from a licensed insurer. CTP is then included in your rego payment
Is CTP the same as Rego?
Your CTP Green Slip insurance is a policy you buy from an insurer, whereas your registration is a duty paid to the government, and you might think of them as them as two entirely separate entities.
Does green slip come with Rego?
When you buy a used car from a nsw dealer, they’ll transfer the rego and associated Green Slip Insurance to you, the new owner, as part of the sale (as long as you’re set up as a TfNSW customer, as described above). When negotiating the vehicle price, be sure to ask how many months of rego will be included in the sale.
Do I pay CTP or REGO first?
In Australia you must register your vehicle before you can drive it on the roads. In NSW, you must buy CTP insurance (green slip) before you can register your vehicle Some vehicles need a safety check (pink slip) or safety and identity check (blue slip).
Is CTP included in Act Rego?
CTP insurance is compulsory and must be paid with your motor vehicle registration If an accident occurs involving a vehicle that is unregistered, the vehicle will also not be covered by CTP insurance and the driver and owner may ultimately be financially liable for the damages paid to the injured person.
Do new cars come with CTP?
All new vehicles require CTP insurance (or ‘greenslip’) except for trailers and caravans In most cases, the motor dealer will organise CTP insurance at the same time as the registration.
Is CTP included in comprehensive car insurance?
Comprehensive insurance and CTP insurance do not cover the same things Comprehensive aims to protect vehicles and property, but CTP protects people and not the vehicle or property.
Is CTP and green slip the same?
Compulsory Third Party (CTP) Insurance, also known as Green Slip in New South Wales, provides cover for people who may be injured or killed in a motor vehicle accident involving your vehicle.
How much does a green slip cost in NSW?
Motorists can use the new Green Slip Price Check website to shop around for the best price under the new lower-cost green slip scheme. Coming into effect on 1 December 2017, the new scheme will see the average price of green slips reduce to $543 for Sydney drivers and $414 for country motorists.
How do I find out who my CTP is with?
If your car is registered in NSW, you can look up the CTP insurer for your vehicle by using Service NSW to check registration For all other states and territories, CTP insurance (also known as ‘Green Slip insurance’) is included with your registration.
Do I need CTP if I have comprehensive NSW?
Every registered vehicle in Australia has to be covered by CTP Insurance by law, whereas Comprehensive Car Insurance is optional CTP Insurance only covers liability for people injured by your vehicle in an accident.
Can you pay CTP monthly?
If you have a light vehicle (vehicles with GVM less than 4.5 tonnes), you have the option to choose between a 6 month or 12 month term. As long as you pay for both the CTP Insurance and registration within 21 days of the due date, you can choose a 6 month term for the renewal of your CTP.
Do I have to pay CTP insurance?
All vehicles except trailers and caravans must have CTP insurance (also know as a green slip). CTP insurance covers death and personal injury when you or the person driving your vehicle is at fault in an accident.
How is CTP funded?
CTP is funded by the NSW Government and aims to address transport disadvantage at the local level via community transport organisations.
Is CTP the same as third party insurance?
Third Party Property Damage Insurance is optional and provides cover if you need to pay for damage your vehicle causes to another person’s vehicle or property. Whereas Compulsory Third Party (CTP), also known as Green Slip insurance in New South Wales, is compulsory in order to register any vehicle in NSW and the ACT.