If you drive a truck in New South Wales, sorting out your CTP green slip is a must before you can hit the road.
But if you want to avoid paying too much, it pays to know how truck greenslip calculators work-and what to do if your truck is too heavy for the online tools.
What’s a Green Slip and Why Do You Need One?
A green slip is just the NSW name for CTP insurance (compulsory third party insurance). It’s the legal minimum you need to register your vehicle-whether it’s a ute, van, or truck.
This CTP insurance cover protects you if someone else is injured in a motor vehicle accident involving your truck. It pays for their medical costs, rehab, and lost income, but not for cover damage to vehicles or property-you’ll need comprehensive insurance or third party property insurance for that.
Who Can Use a Truck Green Slip Calculator?
The greenslips.com.au Calculator and the Service NSW Green Slip Price Check are designed for light vehicles-that means anything up to 4.5 tonnes GVM (Gross Vehicle Mass). This includes most light commercial vehicles, light goods vehicles, and passenger vehicles.
If your truck is over 4.5 tonnes GVM, or you’re insuring a fleet, you can’t use the online calculators. Instead, you’ll need to contact each CTP insurer or an insurance broker directly to get quotes and find the cheapest price.
What Info Do You Need for a Green Slip Calculator?
To get an accurate green slip price for your truck (if it’s under 4.5 tonnes), you’ll need to enter:
- Vehicle details (rego, make, model, year)
- Vehicle type (select the right class-utes and vans are usually “light commercial”)
- Registration commencement date (up to 3 months in advance or overdue)
- Your driving history (including any incurred demerit points or serious driving offence)
- Whether you’re claiming an input tax credit (for GST-registered businesses)
- Details about other insurance you have for the vehicle
Be accurate-mistakes can affect your quote and the CTP premium you pay. Let’s unpack more below.
When using a green slip calculator for your truck (as long as it’s under 4.5 tonnes), accuracy is key. You’ll need to provide specific vehicle details like your registration number, make, model, and year-this helps the calculator identify your truck’s exact specifications and ensures you’re quoted for the right class. Selecting the right vehicle type is just as important; for example, utes and vans are usually classed as light commercial vehicles, while other options might include passenger vehicles or light goods vehicles.
The registration commencement date is also required, whether you’re renewing up to three months in advance or if your rego is overdue. This date determines the start of your new CTP policy and can affect your options for short-term or long-term cover.
Your driving history plays a big role in the quote you receive. The calculator will ask about any incurred demerit points or serious driving offences on your record, as these can increase your CTP premium. If you’re running your truck as part of a GST-registered business, you’ll be asked whether you’re claiming an input tax credit-this can change the premium calculation.
Some calculators may also ask about any other insurance you have for the vehicle, like comprehensive insurance or third party property insurance, to ensure your coverages don’t overlap. Double-checking all your entries is crucial, as any mistakes can lead to the wrong price or even issues with your policy down the track.
How Are Green Slip Prices Set?
Green slip prices are set by each green slip insurer and approved by the state insurance regulatory authority (SIRA). They look at:
- Vehicle type (utes and light commercials usually cost more than cars)
- Where you live (city prices are higher than country)
- Driving history-demerit points affect your price
- Age and experience of the youngest driver
- Claims history and distance travelled
- Whether you’re using the truck for business (and if you can claim an input tax credit)
- The registration period (3, 6, or 12 months)
- The fund levy (for things like lifetime care for serious injuries).
All quotes include GST and the fund levy-you can see the breakdown on the calculator results page3.
What Does CTP Green Slip Insurance Cover?
- Motor accident injuries to other people (drivers, passengers, pedestrians, cyclists)
- Reasonable and necessary treatment and rehab
- Lost income if someone can’t work after a road accident
- Lifetime care for severe injuries (funded by the NSW CTP scheme)
- Some policies may offer extra cover for at-fault drivers (ask your CTP insurance provider)
What’s NOT covered:
- Damage to your truck or other vehicles
- Theft, fire, or property damage
For those, you’ll need comprehensive car insurance or additional insurance24.
What If Your Truck Is Over 4.5 Tonnes GVM?
If your truck is heavier than 4.5 tonnes GVM, the online calculators won’t work for you. Here’s what to do:
- Contact each licensed CTP insurer directly for a quote
- Or speak to an insurance broker who can help you compare prices and policies
- If you run a fleet, ask about fleet discounts-these can make a big difference
- GST-registered businesses can usually claim an input tax credit on their CTP premium4
Tips for Getting the Best Deal
- Always compare all six CTP insurers (AAMI, Allianz, GIO, NRMA Insurance, QBE, Youi) for the best ctp premium
- Use the green slip calculator for eligible vehicles, or contact insurers directly for heavy trucks
- Keep your driving history clean-demerit points and offences push up your price
- Renew your green slip before the expiry date to avoid a cancelled registration and needing a blue slip (safety inspection report)
- Make sure your info is up to date-wrong details can mean the wrong cover or price.
Registration and Inspections
- You can’t register your vehicle in NSW without a valid CTP green slip insurance
- If your rego is overdue by more than three months, you’ll need a blue slip and a new green slip to get back on the road1
- Most vehicles over five years old need a pink slip (annual safety check)
- The green slip must match your rego period-3, 6, or 12 months for trucks
After an Accident
If there’s a motor accident, your green slip lets injured people make a CTP claim for medical costs, lost wages, and care. The NSW ctp scheme is “no fault,” so anyone can claim, unless you’re charged with a serious driving offence. For property damage or repairs, you’ll need comprehensive insurance.
Final Word
Sorting your truck’s CTP green slip doesn’t have to be a hassle. By understanding what’s required, comparing quotes, and keeping your details up to date, you can make sure you’re covered and compliant on NSW roads-all while saving money where it counts. Remember, a green slip is not just a box-ticking exercise: it’s essential protection for you, your business, and everyone else sharing the road, covering medical costs and lost income if someone is injured in a motor vehicle accident you’re involved in.
You can purchase your green slip online-no bookings or paperwork headaches required-and G4E will handle the rest, ensuring your policy is lodged with Transport for NSW so you’re ready to register your vehicle without delay.
Plus, when you choose G4E, you’re not just protecting yourself and others-you’re also helping the planet. For every policy sold, G4E plants a tree, offsetting emissions and making a positive impact on the environment.
So, you can drive with confidence knowing you’re covered by a trusted provider and contributing to a greener future.
