INSURING YOUR CAR

Your CTP insurance questions answered

8 November 2021

If you’re a car owner, you’ve probably heard of Compulsory Third Party (CTP) Insurance, often known as Green Slip if you’re in New South Wales. But it’s not always clear how it works in the event of an accident, so it pays to get to know CTP.

What does CTP cover?

CTP insurance covers your liability if another road user is injured or killed in a motor vehicle accident involving your vehicle. This includes other people who drive your vehicle and cause injury plus injury toother drivers, passengers, pedestrians, cyclists, and motorcyclists.

CTP can also cover medical expenses related to these accidents. If you’re injured in an accident that isn’t your fault, it may also cover lost income, at least in part, for up to six months.

It’s important to note that CTP doesn’t cover damage to vehicles and property, including your own vehicle.

What’s covered?

  • Your liability for injuries caused to third parties in a motor vehicle accident
  • The liability of other people who drive your vehicle for injuries caused to third parties in a motor vehicle accident
  • Medical expenses
  • Compensation for lost income

What’s not covered?

  • Damage to your vehicle
  • Damage to other people’s vehicles or property

Get a CTP quote today

Is CTP Insurance mandatory?

CTP insurance is required by law, regardless of where you live in Australia. It covers motor vehicles such as cars, vans, utes, motorcycles, and utes.

How do you get CTP Insurance?

Organising CTP Insurance is simple with GIO. Our easy online quoting takes moments and allows you to purchase your cover directly from our website. If you get CTP Green Slip cover, Transport for NSW (TfNSW) automatically receives a payment notification. If required, you can follow this with a visit to your nearest E-Safety station to get your vehicle checked before registering it.

Learn more about how you can receive your CTP policy documentation electronically.

Contact GIO

How does CTP differ from other types of car insurance?

Comprehensive and Third Party Property Damage Insurance are optional, but they can cover potentially costly situations on and off the road.

  • Third Party Car Insurance can cover damage to another person’s car or property.
  • Third Party Fire and Theft can cover damage to another person’s car, as well as fire or theft-related damage to your car.
  • Comprehensive Car Insurance can cover accidental damage, theft, and stolen contents from your car. It can also cover damage to someone else’s property.

Understanding your car insurance needs may take time, but it’s time well spent if you have needs that CTP insurance can’t cover. If you’d like to learn more about CTP or other car insurance options, get in touch with the GIO team today.


Insurance issued by AAI Limited ABN 48 005 297 807 trading as GIO. Read the Product Disclosure Statement before you make any decision regarding this product. The Target Market Determination is also available. This advice has been prepared without taking into account your particular objectives, financial situations or needs, so you should consider whether it is appropriate for you before acting on it.