How CTP Greenslips are priced

I have often wondered how it is the price of a CTP Greenslip can vary so heavily between different CTP insurance providers. Todays article will investigate what factors are used to determine the price of your CTP greenslip so you can better understand why you get charged the amount you do.

CTP Insurance Factors

• your accident record

• the age of all regular drivers that drive your vehicle

• the age of your vehicle

• the type of vehicle

• comprehensive or third party property insurance

• the purpose for which your vehicle is used (private or business)

• renewal or new Green Slip

The above criteria is used by the CTP insurance provider to then correlate with their risk assessments of the above, thus creating a price factor for the CTP greenslip. CTP insurance providers also have the ability to offer the consumer discounts and also impose loadings on premiums with the designated range allowed by the MAA premium determination guidelines.

Did you know?

That the price of greenslips is not set by the RTA, Government or MAA? It is all within the hands of CTP insurance providers, aslong as they maintain the guidelines set out by the Motor Acidents Authority (MAA).

Further reading on CTP Greenslips

For more information on CTP greenslips and CTP Greenslip providers, here are some useful articles we have written to help you save lots of money on renewing your CTP greenslips and buying them outright;

1. How to save money on Bike Greenslips
2. How to get Cheap CTP Greenslips
3. Providers of CTP Insurance
4. How to get cheap QLD CTP Greenslips
5. How to get cheap NSW CTP Greenslips

How did you save money on Greenslips?

I would love to hear how you saved money on CTP insurance. Did you get it bundled with your car insurance or house insurance? Lots of people would like to know!

Related Posts

• Cheap QLD Greenslips (Queensland)

  Much like the RTA in NSW – the MAIC (Motor Accidents Insurance Commission) in Queensland provides a service to compare CTP Greenslips in QLD (Queensland). If someone is looking for Cheap CTP Greenslips in QLD, then they should look no further then the online quoting system that will generate a quote for all providers, allowing [...]

• Save Money on Greenslips with GIO

  The other day I discussed ways in which you could save money on your CTP Greenslip via shopping around and comparing CTP Greenslip prices. Well! Today I found another way to save money on greenslips and comprehensive insurace, in fact you will save another $50 without fail on your comprehensive / greenslip total payment! Greenslips [...]

• Cheap CTP Greenslips

  CTP greenslips can vary greatly in price amongst the main CTP Greenslip providers. This is why I suggest you never settle for a CTP renewal option that is delivered straight to you from your previous greenslip provider. Instead I insist that you shop around for your greenslips and ensure you are getting the cheapest deal [...]

• How to Get Budget NRMA Greenslips

  NRMA Greenslips tend to be a fair bit pricier than their competitors such as AAMI Greenslips and GIO Greenslips – but we here at Savings Guide wanted to show people how they can save money on CTP Greenslips with NRMA by knowing the facts. The way you can save money on your CTP greenslip is [...]

• Save Money on Bike Greenslips

  Are you looking for a Greenslip for your Bike or Motorbike? Are you looking for a Greenslip for a Performance bike?A member of my family recently was aswell and struggled greatly to get one at an affordable price. Read on if you are interested in learning the outcome of what 20 phone calls to Australian [...]