If your truck has a Gross Vehicle Mass (GVM) of 4.5 tonnes or less, you can compare green slip prices online in minutes through the G4E calculator, Service NSW Price Check, or any licensed insurer’s website. If your truck is over 4.5 tonnes, online tools won’t quote you.
You have to ring an insurer or use a CTP broker, because heavier trucks need an underwriter assessment of usage, body type, and driving history.
That single GVM threshold drives the whole comparison process. Get that one fact right, and the rest of this guide makes sense fast.
How NSW Truck Green Slips Are Priced in 2026
A Compulsory Third Party (CTP) green slip is the mandatory injury insurance you pay before you can register any vehicle in NSW, including trucks. It covers people injured in an accident caused by your truck drivers, passengers, pedestrians, and cyclists.
The State Insurance Regulatory Authority (SIRA) sets the rules, and every licensed CTP insurer must file its pricing with SIRA before selling a single policy.
Six factors affect what a NSW truck CTP costs in 2026:
- Vehicle classification based on GVM and body type
- Region where the truck is garaged (Sydney Metro, Outer Metro, Newcastle/Central Coast/Wollongong, Country)
- Driver age and history, claims history, demerit points, and driving offences all affect pricing for some insurers
- Use type, business, primary producer, private
- Fund Levy set by SIRA and updated periodically (most recent change took effect 15 January 2026)
- GST and Input Tax Credit (ITC) loading if the policyholder is GST-registered
For current Fund Levy figures, check SIRA’s live “How prices are set” page rather than any third-party article. For the why behind the 2026 increase, see our explainer on why your NSW green slip went up in 2026.
Truck CTP by GVM Band — Light, Medium, Heavy
NSW classifies trucks by GVM. The threshold matters because it determines whether you can quote online or have to phone in.
| GVM Band | Truck Type | Typical Examples | Comparison Path |
| 4.5 tonnes or less | Light truck | Tradie utes with slide-on campers, panel vans, light tippers | Online calculator |
| 4.5 – 16 tonnes | Medium truck | Medium tippers, panel vans, refrigerated trucks, smaller prime movers | Phone or broker |
| Over 16 tonnes | Heavy truck | Heavy prime movers, B-doubles, semi-trailers, large pantechnicons | Phone or broker |
Check your renewal notice or rego papers for the SIRA class code that matches your truck.
The GVM number on your compliance plate is the more reliable anchor; class codes can be updated by SIRA over time.
For the deeper pricing breakdown, read how truck CTP green slip prices are determined.
Motorcycles, cars, and taxis sit in different SIRA classes — this guide covers trucks only.
Truck Shape Codes (via Transport for NSW)
Beyond GVM, your truck has a body type or shape code recorded by Transport for NSW. Insurers use both your class and your shape code to price your green slip accurately.
Common truck shape codes in NSW:
- TRK — generic truck
- PMV — prime mover
- PAN — pantechnicon (large enclosed body)
- TIP — tipper
- VAN — van
- UTE — utility
- REF — refrigerated truck
Your registration paperwork lists your shape code. If you can’t find it, Transport for NSW or your insurer can confirm it when you quote.
Fund Levy on Your Green Slip — What’s Included
The Fund Levy is the SIRA-set portion of every NSW green slip. It funds three things:
- The SIRA Levy itself, which runs the CTP scheme
- The Lifetime Care and Support (LCS) Scheme, which covers people catastrophically injured on NSW roads
- CTP Care, which supports people with longer-term injuries from motor accidents
The Fund Levy was updated on 15 January 2026, and it makes up a significant portion of every truck green slip.
SIRA publishes the current dollar figures by vehicle class and region on its “How prices are set” page. Don’t trust any third-party article that hard-codes specific levy figures; those numbers change
periodically.
GST and Input Tax Credit Loading Explained
If your business is registered for GST and you claim the GST credit on your truck green slip through your Business Activity Statement (BAS), SIRA applies an ITC loading to your premium.
The loading exists because GST-registered businesses recover the GST through their BAS, so the base premium is calculated for non-ITC policyholders, then loaded up for those who can claim the credit.
In plain terms:
- Not GST-registered (most private truck owners) → no ITC loading, base premium applies
- GST-registered, claiming the credit (most business and primary producer trucks) → ITC loading added on top
Your insurer asks about your ABN and ITC entitlement during the quote process. Answer accurately, getting it wrong can affect your claim later.
Coverage Duration for Truck Green Slips
Coverage duration depends on your truck class. Light trucks (4.5 tonnes or less) are typically offered 6 or 12-month policies. Heavier trucks have multiple coverage duration options that vary by insurer; confirm with your insurer at quote.
First-time registration of any new truck requires a 3, 6 or 12-month green slip.
If you cancel a green slip mid-term (for example, by selling the truck), you can apply to your insurer for a refund of the unused portion.
Refund rules vary by insurer.
NSW CTP Insurers Quoting Trucks in 2026
A fixed group of insurers is licensed by SIRA to sell green slips in NSW. All licensed insurers must file their truck pricing with SIRA under Section 2.21 of the Motor Accident Injuries Act 2017, so price differences between insurers sit within a regulated band; not a free-for-all. For the current list of licensed CTP insurers, see SIRA’s official page.
Comparing every licensed insurer manually for one truck is time-consuming, especially for medium and heavy trucks, where each insurer requires a phone quote.
That’s why most NSW truck owners use a comparison site or broker. If you’re weighing whether to switch this year, see our take on whether you should I switch CTP insurers this 2026.
How to Compare Light Trucks Online (Up to 4.5 Tonnes GVM)
For light trucks at 4.5 tonnes GVM or less, three online paths give you a fast comparison:
- G4E Calculator — quotes light trucks across the licensed insurers; eco-brand, Filipino-Australian small business
- Service NSW Price Check — the NSW Government’s official price comparison tool
- Greenslips.com.au — a third-party comparison site quoting the same licensed insurers
For a walkthrough of how the calculators work, read our beginner’s guide to truck greenslip calculators in NSW.
What you need ready before you quote:
- Your truck’s registration number or VIN
- Your driver licence number
- Your Transport for NSW customer number (on your rego renewal)
- Your ABN and ITC entitlement, if applicable
- Driving history details (claims, demerit points, offences) for the named drivers
The whole process takes about 10 minutes online for a light truck.
How to Compare Medium and Heavy Trucks (Over 4.5 Tonnes GVM)
For trucks over 4.5 tonnes GVM, online calculators don’t quote. You have two practical paths.
Path 1: Ring each licensed insurer directly.
Phone every licensed CTP insurer and request a quote. Have the same details ready as above, plus your truck’s body type, intended use, and fleet membership if applicable. Allow 30–45 minutes per insurer. This is the most thorough but most time consuming path.
Path 2: Use a CTP broker.
A CTP broker handles the multi-insurer phone process for you, presenting back the comparison. G4E offers a phone-broker pathway for heavier truck classes — call 1300 593 291 during office hours, Monday to Friday, 8am to 8pm.
For medium and heavy trucks, the price difference between insurers can be hundreds of dollars per year, so the comparison is worth doing properly. Owner-operators in particular benefit from the broker path. See our guide on truck CTP for owner-operators.
Quick Pointers on Fleet Discounts (10+ Vehicles)
If you operate a truck fleet, some insurers offer fleet pricing for ABN-registered businesses with 10 or more vehicles under one policy.
Primary producers may also qualify for concession pricing if their trucks are registered on primary-producer plates with Transport for NSW.
Read our full small business fleet green slip guide for the eligibility rules and how to apply.
Step-by-Step: How to Compare Truck Green Slips in NSW
Five steps for any truck owner in 2026:
- Check your truck’s GVM on the rego papers or compliance plate.
- Confirm your category — 4.5 tonnes or less means online comparison; over 4.5 tonnes means phone or broker.
- Gather your details — VIN, licence, TfNSW customer number, ABN, driving history.
- Get at least three quotes — calculator + Service NSW Price Check for light trucks, or three insurers minimum for medium and heavy.
- Buy and register — pay your chosen green slip, then complete your truck’s registration with Transport for NSW.
That’s the full process from “I need a green slip” to “I’m registered.” Why does this matter? Because tradies and small operators are paying more in 2026, and the comparison is the lever you actually control.
What to Have Ready Before You Quote
Six items that make every truck green slip quote faster:
- Truck registration number or VIN
- Driver licence number for all named drivers
- Transport for NSW customer number
- Truck’s GVM and shape code
- ABN and GST/ITC status, if applicable
- Claim history and demerit point details for the past three years
Having all six ready cuts your quote time roughly in half. If you’re new to claims, our guide on truck CTP claims after an accident walks through what happens when you actually use your green slip.
People Also Ask About Truck Green Slips in NSW
These are the questions NSW truck owners ask most often when comparing green slips in 2026. Quick, accurate answers below.
1. How Are Truck Green Slips Priced in NSW?
NSW truck CTP pricing is set by each licensed insurer within rules filed with SIRA. Pricing factors include GVM class, region, driver age and history, use type, Fund Levy, and ITC loading.
2. What’s the Difference Between Light, Medium, and Heavy Trucks for CTP?
Light trucks have a GVM of 4.5 tonnes or less, medium trucks fall between 4.5 and 16 tonnes, and heavy trucks are over 16 tonnes. The category affects whether you can compare online (light) or have to phone in (medium and heavy).
3. Why Is My Truck Green Slip More Expensive Than My Car?
Trucks carry higher injury risk in accidents because of their mass and use type, which is why SIRA sets higher base premiums for goods-carrying classes than for private cars.
4. Can I Compare Truck Green Slips Online for Free?
Yes for light trucks (4.5 tonnes or less) using the G4E calculator, Service NSW Price Check, or licensed insurer websites. No for medium and heavy trucks — those need a phone quote or broker.
5. Do I Need a Different Green Slip for Fleets?
Some insurers offer fleet pricing for ABN-registered businesses with 10 or more trucks under one policy, but the green slip product is the same — only the discount structure changes.
6. What Documents Do I Need to Get a Truck Green Slip Quote?
Truck rego or VIN, driver licence, Transport for NSW customer number, GVM and shape code, ABN if applicable, and three-year driving history.
7. Can I Cancel My Truck Green Slip If I Sell the Truck?
Yes. Contact your insurer to cancel and request a refund of the unused portion. Refund rules vary by insurer.
