Compare CTP Insurance Qld

Choose a Qld CTP insurer

Queensland is one of the few states in Australia where you can compare CTP prices and switch to another CTP insurer. In Qld vehicle owners are allowed to choose a Qld CTP insurer each time they register. Even so, the current insurer continues to provide your CTP unless you choose another one. You can do this online or directly with the insurer you choose.

How to compare CTP

Before renewing registration, it is worth comparing prices to get the cheapest premium for your vehicle class and type of use. Prices for business use are higher than for personal use because of the extra administration in claiming an input tax credit.

The Motor Accident Insurance Commission (MAIC) provides an online CTP premium calculator to help you choose a Qld CTP insurer. Just enter these four details:

  • Registration due date
  • Class of vehicle, eg, Class 1 is motor car or station wagon
  • Whether or not you claim for GST (input tax credit)
  • Period of registration.

Your calculator results show you reasons why you might select each insurer and details of all terms and conditions. At the bottom is a button that says “Change to” each CTP insurer. Remember, you are not obliged to change insurer when you register.

What to consider

When you choose a Qld CTP insurer, consider which factors are important to you:

  • Price
  • Any current relationship with a CTP insurer
  • Further benefits that may be offered by an insurer
  • Insurer’s At-Fault Driver Cover.

All four insurers offer an extra benefit on top of CTP for drivers who are at fault in an accident. This is known generally as At-Fault Driver Cover. At-Fault Driver Cover provides further cover for the driver at fault in an accident. For example, insurers pay lump sum benefits for certain injuries or a sum in case of death.

What do you want to do?