Compulsory Third Party (CTP) Insurance, also known as "Green Slip", is required in New South Wales so that you can register your vehicle. It provides protection to drivers for personal injuries caused to a third party in an at fault motor accident.
What has changed
From December 2017, further reforms to the NSW CTP Green Slip will be introduced by the NSW Government, enabling the scheme to better support people injured on the road and aiming to reduce the cost of Green Slips for vehicle owners.
Apia will continue to work with officials from both the government and State Insurance Regulatory Authority (SIRA) to ensure the successful implementation of these reforms. We are committed to helping our customers transition to the new scheme.
What it means for you
The NSW Government consulted extensively on how to improve the scheme. It believes that the reforms model best addresses the key objectives, which are to:
For further information, please refer to the SIRA.