CTP is the minimum level of insurance required by law for all vehicles across all states and territories in Australia.

What is compulsory third party insurance in australia. CTP insurance is compulsory in all states of Australia. Just as registration of your vehicle is compulsory so is CTP insurance. CTP protects people injured by your car if you cause an accident and provided your car is registered youll already have it.

If you own and operate a private motor vehicle in Australia there are four main types of general motor vehicle insurance you need to be aware of. Of course the rules are different for CTP and registration depending on where in Australia you live. Car insurance in the UK.

Compulsory Third Party Insurance CTP also known as a Green Slip in NSW is required in order to register your vehicle. An example of this is the Compulsory Third Party Division CTD of Western Australia which insures drivers and the government against injuries arising from accidents on the road. In the UK for those who dont know for the most part we would choose between fully comprehensive third-party fire and theft and just third-party for our car insurance and that would be totally separate from car tax.

Generally provided your vehicle is registered your CTP insurance covers your and the driver of your vehicles liability for injuries you or they may cause to other road users as a result of a motor vehicle accident that is your or their fault. The Victorian compulsory third party insurance scheme is administered by the Transport Accident Commission TAC. It protects any person that you might injure while you are driving.

CTP insurance differs from state to state so its a. This insurance provides compensation for people injured or killed when your vehicle is involved in an accident. CTP Compulsory Third Party insurance.

A third party is defined as a person or group apart from two other parties who are primarily involved in a legal transaction such as an individual and hisher insurer. Treatment care and support. It doesnt cover the cost of damaged vehicles and property or damage to or loss of your vehicle.