Understanding CTP Insurance

Posted by Motorama in Motoring Tips

Are you in the know when it comes to CTP insurance? If not, our guide will get you up to scratch.

What exactly is it?

The Queensland Government has made CTP Insurance a compulsory part of registering your vehicle and Police as well as Traffic Cameras are now able to tell whether your vehicle is insured by using automatic number plate camera technology as opposed to checking the colourful sticker (which you don't need anymore!)

Why is it in place?

Compulsory Third Party Insurance is designed to cover you from compensation claims from anyone who is injured or otherwise affected in an accident that's your fault.​

Who can provide me with CTP Insurance?

There are only two options when it comes to premiums, depending on whether you are eligible to an Input Tax Credit on their vehicle or not. One is for drivers who are entitled to claim an ITC and the other for those who are not entitled to claim an ITC.

Can I switch?

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