Here’s everything you need to know about CTP of Compulsory Third Party insurance to ensure that you know what to avail of if you’re a driver in New South Wales. This page is dedicated to ensuring you are well-equipped with the policies and coverage.
What Is a CTP Green Slip?
A CTP green slip is Compulsory Third Party insurance — the cover that pays compensation to people injured or killed in a motor vehicle accident in NSW. You must hold a current green slip before you can register your vehicle, and it’s illegal to drive without one.
The key thing to understand: it protects people, not property. It won’t pay for damage to any vehicle.
→ For the full breakdown, see what a CTP green slip is and isn’t.
What Does a Green Slip Cover?
In short, your green slip covers injury to others in an accident your vehicle is involved in: passengers, other drivers, pedestrians, and cyclists. It does not cover damage to your own car or anyone else’s; for that you need comprehensive or third party property cover.
→ See the full list in what a CTP green slip covers you for.
Do You Need One? (Yes)
If you’re registering a vehicle in NSW, a green slip is mandatory — there’s no registration without it. It’s a legal prerequisite, governed by the Motor Accident Injuries Act 2017 and regulated by SIRA.
The scheme ensures anyone injured on NSW roads can access compensation, regardless of who was at fault.
→ Learn how the system works in the NSW CTP scheme explained.
The Six Licensed CTP Insurers in NSW
There are six SIRA-licensed CTP insurers in NSW in 2026, and because core injury cover is set by law, the statutory benefits are identical across all of them; they compete mainly on price.
| Insurer | Notable Point |
| AAMI | Standard statutory CTP |
| Allianz | Standard statutory CTP |
| GIO | Standard statutory CTP |
| NRMA Insurance | Offers optional At-Fault Driver Cover |
| QBE | Standard statutory CTP |
| Youi | Newest licensed insurer (since Dec 2020) |
→ More detail in which insurers sell CTP green slip insurance.
How to Get Your Green Slip
You don’t need an appointment; you can compare and buy entirely online:
- Compare prices with our green slip calculator
- to see quotes from the licensed NSW insurers side by side.
- Choose your insurer and complete the purchase online.
- Register your vehicle once your green slip is issued.
→ Want to understand price differences first? See our guide to comparing green slip prices.
What Affects Your Green Slip Price
Two drivers with identical cars can pay different premiums, because insurers weigh several rating factors — driver age, demerit points, vehicle type, region, and the SIRA Fund Levy. Heavier vehicles and goods carriers over 4.5 tonnes GVM cost more.
→ See the full explanation of why your green slip is so expensive and why your green slip went up in 2026.
How Renewals Work
Your insurer sends a renewal reminder before your green slip expires, to your address recorded with Transport for NSW (or by email if you’ve opted in). By law, your insurer must send it directly to you, even if you bought through an agent. A renewal is also the natural moment to compare again and switch if it saves you money.
→ Step-by-step in the smart guide to NSW green slip renewal.
Switching Insurers or Coming From Budget Direct?
You can switch CTP insurers at any renewal — cover is standardised, so switching changes your price, not your protection. If you’re a former Budget Direct customer, their NSW green slips ended on 31 December 2019, so you’ll need a new insurer.
→ See should I switch CTP insurers in 2026 and the Budget Direct CTP alternative guide.
Why Choose Greenslips 4 Earth
We compare the market and pass on direct insurer prices, so you don’t pay extra to buy online, and we’re a licensed partner of QBE.
What makes us different is the eco-commitment: we plant a tree for every green slip sold, in partnership with One Tree Planted, reforesting Australian land. Transport is one of Australia’s largest sources of greenhouse gas emissions, so each policy you buy helps plant a tree; cleaner air, one green slip at a time.
Get a quote or get in touch — our team is happy to help.
Frequently Asked Questions About CTP Green Slips in NSW
If you’re sorting out your green slip, these are the questions NSW drivers ask most, with quick, clear answers to help you act with confidence.
1. Is a CTP green slip the same as car insurance?
No, a CTP green slip is not the same as car insurance. A green slip is compulsory cover that pays compensation for people injured in a motor vehicle accident, and it’s required to register your vehicle in NSW. Comprehensive and third party property car insurance, which protect vehicles and property, are separate and optional products you buy on top.
2. How many CTP insurers are there in NSW?
There are six CTP insurers licensed by SIRA in NSW in 2026: AAMI, Allianz, GIO, NRMA Insurance, QBE, and Youi. Because the core injury cover is set by law, the statutory benefits are identical across all six insurers. This means they compete mainly on price, so comparing quotes before you buy is worthwhile.
3. Can I buy a CTP green slip online?
Yes, you can compare and buy a CTP green slip entirely online with no appointment or booking needed. Enter your vehicle and driver details into a green slip calculator, compare quotes from the licensed NSW insurers, then complete your purchase and payment in the same process. Your green slip is issued ready for vehicle registration.
4. Does a CTP green slip cover damage to my car?
No, a CTP green slip does not cover damage to your own car or anyone else’s vehicle. It only covers injury to people, including passengers, other drivers, pedestrians, and cyclists. To protect your own vehicle against crash damage, theft, or fire, you need comprehensive or third party property car insurance as separate cover.
5. How much does a CTP green slip cost in NSW?
The cost of a CTP green slip in NSW depends on your driver age, demerit points, vehicle type, where it’s garaged, and the SIRA Fund Levy. Two drivers with identical cars can pay different premiums because insurers weigh these factors differently. Comparing all six insurers with a green slip calculator helps you find the lowest price.
6. Can I switch CTP insurers when I renew?
Yes, you can switch CTP insurers at your next renewal, and the process is simple. Because core cover is standardised by law, switching changes your price, not your level of protection. Compare quotes before your green slip expires, buy your new policy, and your details update with Transport for NSW.
