CTP Insurance Qld
Qld CTP insurance
All vehicle owners in Queensland must have CTP insurance. The Qld compulsory third party (CTP) scheme is a common law, fault-based scheme. While the Qld CTP scheme pays compensation according to the type and extent of injury, you may get less if you were partly at fault. You might need to prove in court that another driver was negligent.
Since July 2016, someone seriously injured in an accident in Qld may claim lifetime treatment, care and support under the National Injury Insurance Scheme (NIIS). National Injury Insurance Agency Queensland runs NIIS and, since October 2016, drivers have paid an NIIS levy on registration.
CTP insurance is heavily regulated in Qld because private insurers are providing insurance for a compulsory public scheme. The most recent reform of the scheme was to reduce the incidence of claims farming.
The Motor Accident Insurance Commission (MAIC) oversees the Qld CTP scheme. Its tasks are to:
- Keep premiums affordable
- Make sure people in road accidents are compensated
- Regulate insurer activity and premium limits.
This is why vehicle owners fund MAIC with a levy on their CTP insurance premium.
Insurers set their own premiums for Qld CTP and base prices on:
- Class of vehicle, eg, cars and station wagons are class 1
- Whether use is private (no input tax credit) or for business (with input tax credit)
- Period of registration – 1, 6 or 12 months (3 months also for trucks).
In Qld, the registration fee already includes CTP insurance. Vehicle owners registered in Qld can choose from three CTP providers licensed to offer CTP insurance in Qld:
* Note, RACQ exited the Qld CTP scheme on 1 October 2023.
You can contact MAIC for information about the Qld CTP scheme, how to make a claim, or other concerns about Qld CTP.
Regulator: Motor Accident Insurance Commission (MAIC)
Phone: 1800 287 753
Visit: 275 George Street, BRISBANE, Qld.