Why Your NSW Green Slip Went Up in 2026: Fund Levy, Claims Data & What’s Behind the Increase

If you’ve recently checked your green slip invoice or run a green slip price check and noticed you’re paying more than last year, you’re not imagining it. The green slip price for NSW CTP insurance has increased across the board in 2026.

Every registered vehicle in New South Wales needs CTP green slip insurance before registration through Service NSW. When CTP premiums go up, it affects every driver in the state.

Here’s why green slip prices went up, what the fund levy means for your NSW CTP green slip, and how NSW CTP policyholders can find the cheapest option.

The 2026 Price Increase: What the Numbers Show

According to SIRA’s official Performance Report, the average NSW CTP insurance premium increased by $35 (7%) from June 2024 to June 2025. And for policies starting on or after 15 January 2026, CTP insurers have filed further price increases.​

Here’s how green slip prices have changed over time:

Since 2022, average CTP premiums in Australia’s most populous state have risen 12.4%. So if your green slip price seems higher, the data confirms it.​

3 Main Reasons Why Green Slip Prices Went Up

Three things pushed premiums up: more claims, law changes, and higher fund levies.

1. Higher Claims Costs and More Accidents

The CTP scheme must have enough money to pay for future claims. When there are more accidents and higher claims costs, insurers must account for this risk by raising insurer premiums.

SIRA’s 2025 Review confirms that scheme costs have risen due to:

• Increased claim volumes
• More severe injuries requiring long-term benefits
• Injured people receiving extended care costs
• Medical cost inflation across hospital fees and treatment​

2. Legislative Amendments Extended Benefits

In 2022, the NSW Government passed amendments that increased benefits for injured people.

The changes included:

• Extending statutory benefits from 26 weeks to 52 weeks for those at fault or with threshold injuries
• Earlier access to compensation claims
• New trauma support services for families

While these changes help accident victims, they also increased scheme expenses and contributed to rising CTP costs.

3. The Fund Levy Increased

Your green slip invoice includes a fund levy, a flat fee that replaced the old MCIS (Medical Care & Injury Services) levy. This support levy funds:

• Lifetime Care and Support Scheme (LTCS) for catastrophic injuries caused by accidents
• Motor Accident Injuries Treatment and Care Fund (MAITC)
• Motor Accidents Operational Fund (MAF) covering operational costs

Current fund levy amounts for Sydney metro passengers:​

Source: SIRA

When these levies increase, your overall CTP green slip price goes up, even if insurer profits remain the same.

5 Personal Rating Factors That Affect Your Price

Your individual NSW CTP green slip price also depends on your own rating factors:

1. Demerit Points

If you’ve incurred demerit points, CTP insurers view this as higher risk. Demerit points stay on your account for 3 years for green slip pricing purposes.​

2. Driving History

Your driving history (including at-fault accidents) affects premiums. At-fault incidents remain current for 5 years.

3. Vehicle Details

Your vehicle details matter: type, age, engine size, and whether it’s a light vehicle or commercial truck all influence CTP price.

4. Location

Living in metro NSW typically means higher premiums because of more accidents and claim frequency.

5. Age

Your age bracket affects CTP premiums, which generally decrease with age until your 70s.

Understanding Your Green Slip Invoice

When you receive your green slip invoice (or renewal notice), you’ll see:

1. Base premium – The insurers’ calculated cost based on rating factors
2. Fund levy – Separate line item for LTCS, MAF, and MAITC contributions
3. GST – Added to the total
4. Administration fee – If applicable

Note: A green slip is different from a blue slip (safety inspection for unregistered vehicles) or pink slip (e-safety check). The green slip covers personal injury compensation, not vehicle roadworthiness.

Will CTP Premiums Keep Rising?

According to SIRA’s 2025 Review, “further premium increases are expected into 2026”. The reasons:

• Ongoing inflation in medical and care costs
• Extended benefits payment periods from 2022 reforms
• Higher claims costs across the scheme
• Potential fund levy adjustments

That said, SIRA has mechanisms to keep insurer profits in check. Over the past 4 years, SIRA reclaimed $542.9 million in excess profits from insurers, which helped decrease premiums for NSW CTP policyholders.

How to Find the Cheapest Green Slip in NSW

Prices are up, but you can still save money.

1. Use a Green Slip Calculator

A green slip price check calculator compares CTP green slip insurance quotes from all licensed CTP insurers in NSW. Since each insurer uses different rating factors, prices vary.

2. Compare Before You Automatically Renew

Don’t just automatically renew. Each year, run a fresh comparison. The cheapest insurer changes based on your circumstances.

3. Check Your Vehicle Details

Ensure your vehicle details are accurate. Errors in garage location or vehicle use classification can inflate your price.

4. Maintain a Clean Driving Record

Avoid demerit points and at-fault accidents. A clean driving history qualifies you for lower risk pricing.

5. Consider Timing

CTP insurers file price changes throughout the year. If your renewal is flexible, a green slip price check a week earlier or later might show different rates.

Key Takeaways for NSW CTP Policyholders

• Why green slip prices went up: Higher claims costs, 2022 legislative changes extending benefits, and fund levy increases
• The $35 (7%) increase: Average NSW CTP insurance premium rose from June 2024 to June 2025​
• 2026 increases confirmed: CTP insurers have filed higher premiums for policies starting 15 January 2026​
• Your green slip covers: Injured people, hospital fees, lifetime care, and compensation—not property damage
• Personal factors matter: Demerit points, driving history, vehicle details, and location affect your CTP price
• Compare to save: Use a calculator for a green slip price check before you pay

Compare Green Slip Prices Today

Ready to find the cheapest CTP green slip for your vehicle?

Our green slip comparison tool shows real-time quotes from all NSW CTP insurers, no administration fee, no obligation.

People Also Ask About Greenslip Price Increase in 2026

Got questions? Here are the common ones.

1. Why should I compare prices instead of just renewing my green slip?

CTP insurers file price changes with SIRA throughout the year, so the cheapest provider changes regularly. SIRA states there are six licensed insurers in NSW—AAMI, Allianz, GIO, NRMA, QBE, and Youi. You can compare quotes using the government’s greenslips.nsw.gov.au site or comparison tools like Greenslips 4 Earth. Since individual risk factors influence total cost, shopping around before each renewal helps you find the best price for your vehicle details and circumstances.​

2. Why did my CTP increase when I have zero demerit points?

Even with a clean driving history, scheme-wide factors affect all NSW CTP policyholders. SIRA’s 2025 report confirms the average premium rose $35 (7%) from June 2024 to June 2025, driven by higher claims costs, fund levy increases for lifetime care, and 2022 legislative changes that extended benefits for injured people. Your personal rating factors matter, but everyone shares the broader risk pool funding future claims.

​3. Why do CTP prices vary between insurers if coverage is the same?

All six licensed NSW CTP insurers provide the same statutory level of protection for injuries in road accidents. However, each insurer uses different rating factors (including your location, age, vehicle type, and its own claims data) to calculate premiums. Insurers adjust pricing throughout the year based on their portfolio performance. SIRA recommends comparing all providers using the government calculator at each renewal.