NSW Green Slips (CTP): Prices & How It Works
6 licensed insurers compete on price — AAMI, Allianz, GIO, NRMA, QBE, Youi
SIRA Green Slip Price Check (greenslips.nsw.gov.au) · 17 July 2026A green slip is compulsory third party insurance, the cover every registered vehicle in New South Wales has to carry. What it insures is people, not vehicles. If your car is involved in a crash that injures someone, whether a driver, a passenger, a pedestrian or a rider, the green slip is what pays for that injury. It does nothing for the damage to any car, yours or anyone else's, which is what comprehensive and third party property cover deal with.
New South Wales is the odd one out among the states and territories. Almost everywhere else, third party injury cover is folded into the registration bill at a single set price, but here you buy the green slip yourself, from a licensed insurer of your choice, before you can renew your rego. Because insurers price the same cover differently, two quotes for identical vehicle and driver details can come out well apart, so it pays to compare rather than renew with whoever covered you last time.
Green slip topics
- What a green slip costsThe current price range and what moves it
- The licensed insurersWho can sell CTP and how they differ
- Comparing green slipsUsing the official price check well
- RefundsWhen CTP money comes back to you
- Renewal & regoHow the green slip fits the rego sequence
- Business vs privateWhy declared use changes the premium
- What CTP coversPeople, not property
Frequently asked questions
- How much is a green slip in NSW?
- For a Sydney passenger vehicle, 12-month green slips currently run roughly $573–$757 depending on insurer, vehicle, driver record and postcode. Regional premiums are lower. Always run the official SIRA price check — prices differ by hundreds of dollars between insurers for the same driver.
- Why does NSW make you buy CTP separately?
New South Wales runs its CTP as a competitive, privately underwritten market rather than a single government charge. A regulator, the State Insurance Regulatory Authority, sets the rules the scheme operates under, defines what the cover must include and oversees how insurers may price it, but the premiums themselves are set by the individual licensed insurers competing for your business. That is the opposite of the model in most other states, where CTP is bundled into registration and priced by a single state insurer or fixed by the government, leaving nothing to compare. Here, the competition is the reason comparing quotes is worth your time.
- SIRA Green Slip Price Check (greenslips.nsw.gov.au)verified
- SIRA — CTP green slip price comparisonverified
Prices include the Fund Levy and GST (per SIRA). CTP must be in place before rego can be renewed. The spread between insurers was $184 a year for identical details — run the official SIRA price check for your exact price; regional premiums are lower.