Who Is Hicap Administered By?

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

Are green slips all the same price?

No. Some insurers offer cheaper greenslips than others However, the greenslip price for each insurer should be the same for that insurer, regardless of the place where you purchase it. You need to make sure the greenslip price is based correctly on your vehicle and details.

How can I get my green slip cheaper?

  1. Find information on At-Fault Driver Cover benefits and discounts on other products.
  2. Contact your insurer of choice to purchase your green slip by phone or online.
  3. Your green slip purchase is usually sent electronically to service nsw.

Can you pay CTP green slip 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.

How do you get a green slip in NSW?

Buying from an insurer There are six insurers licensed to provide Green Slips in NSW. Most offer quotes online or over the phone.

Why is my green slip more expensive?

Not all licenced insurers are as efficient as each other. The less efficient, the higher the costs in running the CTP department and the higher the costs apportioned to each greenslip The more efficient, the less the cost of running the department and the more savings available to NSW motorists.

How expensive is CTP?

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 The average premium for Sydney taxi owners will fall from $8836 to $5007. For country taxis, the average cost will decrease from $5203 to $2923.

Can you negotiate CTP price?

Once an insurer’s price is correctly quoted, no further discount is available based on where or how you purchase that insurer’s CTP green slip. Agents or brokers are not allowed to offer a different price to that available by dealing directly with the insurer.

Is Green Slip included in Rego?

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.

Do you pay green slip before Rego?

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). Find out how much your registration will cost.

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.