Green Slip Comparison: Compare All 6 NSW Insurers to Get the Best Deals

NSW Green Slip Comparison Guide for New Drivers

Open your renewal notice lately? That number staring back at you isn’t a typo.

Green slip prices jumped 7% since June 2024. The fund levy alone rose $25.80 in January 2026. And the 2022 law changes that extended injury benefits from 26 weeks to 52 weeks have increased scheme costs, which feeds into what insurers charge.

The average NSW driver paid $638 in 2025. You might be paying more. You might be paying less. But here’s what most people miss:

The same person can get quotes that vary by $100 or more.

Six CTP insurers sell green slips in New South Wales. Each one looks at your details (age, postcode, demerit points, vehicle) and calculates a different price. NRMA might be cheapest for a 42-year-old in Wollongong. QBE might win for a 25-year-old in Penrith.

The only way to know? Compare.

That’s why we built Greenslips 4 Earth. One calculator. All six insurers. Takes about 2 minutes. And every green slip sold plants a tree—because if you’re going to drive, you might as well offset some of it.

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What a Green Slip Actually Is (And Isn’t)

If this is your first time hearing about green slips, let’s clear this up, because people mix it up with other insurance.

A green slip is compulsory third-party CTP insurance. Compulsory Third Party. Every vehicle registered in New South Wales needs one. No green slip, no rego. That’s the law.

What it covers: CTP insurance covers injuries caused in a motor vehicle accident or road accident. Medical expenses. Lost wages. Lifetime care for severe injuries. Death benefits for families.

The CTP scheme covers everyone: pedestrians hit by cars, passengers, cyclists, other drivers involved in an accident involving your vehicle, and even the at-fault driver.

What it doesn’t cover: Your car. Other vehicles. Fences, poles, shopfronts. CTP doesn’t cover damage to property, it’s about people, not things

For vehicle damage, you need comprehensive insurance or third party property insurance. Those are optional. Your green slip isn’t.

The Six Insurers (And Only These Six)

SIRA licenses exactly six greenslip insurers to sell CTP green slip insurance in New South Wales. No one else can.

Each sets its own green slip prices. Each weighs the risk factors differently. That’s why comparison isn’t optional; it’s how you avoid leaving money on the table.

Our green slip calculator shows all six licensed CTP insurers. Mind you, insurers can’t discount CTP; it’s regulated.

What Makes Your Price Go Up (Or Down)

SIRA says insurers look at “age, driving history, any demerit points and your claims history.” But let’s break that down into plain terms.

1. Where you live

NSW has five pricing zones:

• Sydney Metro — highest
• Outer Metro
• Newcastle/Central Coast
• Wollongong
• Country — lowest

More crashes happen in cities. More claims mean higher risk. Higher risk means you pay more if your postcode starts with 2000-something.

2. How old you are

Under 25? You’ll pay more. The stats don’t lie—younger drivers have more accidents. If your P-plater kid is on the car, that affects your price too.

3. Your driving record

Demerit points matter. Driving offences, like a single speeding fine, can follow you for years on your CTP premium. One NSW driver on Reddit tallied up $780 in extra costs from a minor speeding ticket (the fine plus years of higher green slip prices).

Clean licence = cheapest price. That’s not a slogan. It’s math.

4. Your claims history

Caused an accident involving your vehicle where someone was injured? That can stay on your record for several years (often 3–5 years, depending on the insurer). Every renewal, every insurer sees it. Every renewal, you pay more.

5. Your car

Older vehicles without airbags, ABS, or modern safety features can cost more. Not because of emissions or maintenance, because when crashes happen, people get hurt worse in older cars. Insurers price for that.

High-performance vehicles cost more than passenger vehicles. Light goods vehicles have different rates. Trucks and buses? Different again.

The Fund Levy: The Bit You Can’t Avoid

Every green slip includes a fund levy. Set by SIRA. Same amount no matter which insurer you pick.

It pays for ambulances, hospitals, and lifetime care for people badly injured in crashes. Also keeps the CTP scheme running.

January 2026 rates:

Up $25.80 from last year. That increase hit every driver in NSW, regardless of driving history or insurer choice.

How to Compare Green Slips (The Actual Steps)

1. Grab your details

You’ll need:

• Rego number
• Car make, model, year
• Your postcode
• Any drivers under 25
• Demerit points (be honest—insurers check)

2. Use a comparison tool

Two options that show all six insurers:

• SIRA Green Slip Price Check — the government’s tool
• Greenslips 4 Earth — our calculator, plus a tree planted per sale

Both show the same prices. We just add the tree.

3. Look at the total

Every quote includes premium + fund levy + GST. Compare the final number.

4. Don’t assume loyalty pays

Your current insurer might offer a multi-policy discount. Some insurers, like GIO, may offer multi‑policy discounts on certain products, but offers change, so always check current deals.

But “loyalty” doesn’t always mean “cheapest.” Check anyway.

5. Buy and go

Pick an insurer, buy online, they notify Transport NSW. Usually takes under an hour. Then finish your rego at Service NSW.

Green Slip vs Blue Slip (Quick Clarification)

People confuse these.

Green slip = CTP insurance. Every registered vehicle needs one.

Blue slip = Inspection certificate for unregistered vehicles. You need one if:

• Your car’s from interstate
• Rego lapsed more than 3 months
• It was written off and approved for re-registration

Blue slip first (if needed), then green slip, then rego.

New Car vs Used Car

Buying new: Get a green slip before first registration. Use the calculator, pick an insurer, done.

Buying used (already registered in NSW): The existing green slip transfers to you. Check the expiry date on the paperwork. If it’s soon, you’ll renew under your own name.

Buying used (from interstate or unregistered): Blue slip inspection first, then green slip, then register.

Do older cars cost more?

Sometimes. But not because they pollute more or need more repairs. CTP covers injuries, not emissions. Older cars cost more because they lack safety features—so injuries in crashes tend to be worse.

If You’re In an Accident

CTP covers injuries. If you’re hurt in a motor accident—or someone else is—here’s how claims work.

Who can claim: Drivers, passengers, pedestrians, cyclists, anyone injured.

What’s covered: Medical expenses, lost wages, rehab, lifetime care for serious injuries.

How to claim: Contact the at-fault vehicle’s insurer. If you don’t know who that is, or the car was unidentified, there’s a Nominal Defendant scheme.

Get help: CTP Assist is SIRA’s free service. Call 1300 656 919 (8:30am–5pm weekdays) or email ctpassist@sira.nsw.gov.au.

Time limit: 3 months from the accident to lodge.

What are The Common Mistakes People Make

Auto-renewing without comparing. Prices change up to three times a year. Insurers file new rates with SIRA every four months. Last year’s cheapest is often this year’s mid-range.

Ignoring demerit points. They don’t just mean fines. They mean higher green slip prices for years.

Confusing CTP with comprehensive. CTP = people. Comprehensive = property. You probably need both, but they’re separate products.

Waiting until the last day. Get quotes 2-3 weeks before expiry. Give yourself time to compare properly.

Assuming all insurers are the same. They’re regulated, yes. Prices are approved by SIRA, yes. But each insurer calculates risk differently. That’s why quotes vary.

People also ask about green skip comparisons

Before we get into the details, here are some common questions people ask about green slip comparisons.

1. Where can I compare green slip prices?

Use SIRA’s Green Slip Price Check or our green slip calculator at greenslips4earth.com.au. Both let you compare prices from all six licensed CTP insurers in New South Wales, giving you a proper comparison green slip tool for free.

2. How often do prices change?

Up to three times a year. Each CTP insurer can set green slip prices differently, and they file new rates with SIRA every four months. That’s why your renewal notice might show a different green slip premium than last time, even if nothing in your driving history changed.

3. Which CTP green slip insurer is cheapest?

There’s no single cheapest green slip provider, it depends on your details. NRMA Insurance might be cheapest for one driver, while another CTP insurer wins for someone else. The only way to find the cheapest price is to compare all six licensed insurers using a green slip calculator.

4. What’s the average price of a green slip?

$638 in 2025 across all New South Wales regions and vehicle types. Your green slip premium will vary based on postcode, age, driving history, claims history, and whether you’re insuring passenger vehicles or light goods vehicles.

5. Why did my price go up when nothing changed?

The fund levy increased $25.80 in January 2026. CTP insurers also raised base green slip premiums due to more CTP claims and extended injury benefits under the 2022 law changes. Even with a clean driving history and no demerit points, your green slip prices can rise due to these scheme-wide cost increases.

6. Can I pay for 6 months instead of 12?

Yes, for light vehicles under 4,500kg GVM. Some vehicle owners prefer this, smaller outlay and more frequent opportunities to compare greenslip prices. Just note the expiry date on your renewal notice so you don’t miss it.

7. What if I drive without a green slip?

Your vehicle registration is invalid—effectively cancelled registration. That’s illegal in New South Wales. Fines are heavy. And if you cause a motor vehicle accident or road accident that results in injuries caused to other drivers, passengers, or pedestrians, you’re personally liable for their medical expenses, lost wages, and care. We’re talking potentially hundreds of thousands of dollars.

Why Greenslips 4 Earth: Get a Greeen Slip, We Plant 1 Tree for You

We’ve been doing this since 2018. SIRA-approved. QBE partnership.

But here’s what makes us different: every green slip we sell plants a tree.

It won’t undo your car’s emissions entirely. But it’s something. And if you’re going to compare prices anyway (which you should) you might as well do it somewhere that gives back.

Same prices as going direct. All six insurers in one place. Takes 2 minutes.

Compare now →

Questions? Call 1300 593 291 (9am–6pm weekdays). Fleet quotes welcome.