Green Slip NSW: What It Is, What It Covers, Who Sells It

If you've just moved to NSW, bought your first car or opened a rego renewal notice, "green slip" can be a confusing term. It's simply the everyday NSW name for compulsory third party (CTP) insurance. Every vehicle registered in NSW needs it, and it covers injuries to people, not damage to cars. This green slip NSW guide explains what it covers, who sells it, how it's priced and how it fits with your rego, based on SIRA and NSW Government pages we checked on 30 October 2026.

GreenSlipInsurance.com.au is a general information site operated by Dominet BV. This page is general information only and is not financial, legal or insurance advice. It does not consider your objectives, financial situation or needs. We are not an insurer or broker, we don't sell green slips and we don't recommend any insurer. SIRA (the State Insurance Regulatory Authority) is the official source of green slip information in NSW, so check its website or your insurer before you act. Facts were checked on 30 October 2026. Read our general information notice. Our green slip pages describe NSW rules only. Other states run their own CTP schemes.

The short answer

SIRA's Compulsory Green Slip insurance page (updated 17 April 2025) says you must buy CTP insurance before you can register a vehicle in NSW. It covers your liability for injury or death caused to other people by your vehicle. It doesn't cover damage to vehicles or property.

You'll see it called a green slip, CTP, CTP insurance or compulsory third party. They all mean the same thing. Insurers now send your CTP details to Transport for NSW electronically, so in practice there's usually no slip of paper to hand over.

A few vehicles don't need a separate one. The NSW Government says trailers, caravans and conditionally registered vehicles have CTP included in their registration.

What a green slip covers

The core of the cover is injuries to people. SIRA says the current scheme covers the driver and other people regardless of fault, unless the driver is charged with a serious driving offence. People who can claim after a NSW crash include drivers, passengers, motorcycle riders, pillion passengers, pedestrians and cyclists.

Where the cover applies is slightly different for you and for others. SIRA says your NSW-registered vehicle's CTP covers injuries caused to you and others in NSW, and injuries caused to others outside NSW.

What an injured person can get depends on the scheme's rules. SIRA's What you can claim page describes:

• Statutory benefits: weekly payments for lost income, plus treatment and care, available regardless of fault with exceptions
• Lump sum compensation (common law damages): for people with a more serious (non-threshold) injury who weren't mostly at fault

Fault and the type of injury affect how long benefits last. Our CTP benefits guide explains threshold injuries, time limits and lump sums.

What it doesn't cover

A green slip doesn't pay for:

• damage to your own car
• damage to anyone else's car
• damage to fences, buildings or other property
• theft, fire or weather damage

Those are covered, if at all, by optional insurance. The federal government's Moneysmart guide (updated 23 October 2026) lists three optional types: third party property damage, third party property fire and theft, and comprehensive. Only CTP is compulsory. Our green slip vs comprehensive guide sets them side by side.

A green slip also isn't an inspection. Pink slips and blue slips are vehicle inspection reports, explained in our green slip vs pink slip guide.

Who runs the scheme

Three groups are involved:

• SIRA, the State Insurance Regulatory Authority, regulates the CTP scheme. It doesn't sell green slips and doesn't set premium prices.
• Licensed insurers sell green slips and handle claims.
• Transport for NSW and Service NSW handle registration.

The current scheme started on 1 December 2017 under the Motor Accident Injuries Act 2017. SIRA's Motor Accident Guidelines (version 10.1, from 12 December 2025) set the detailed rules for pricing and claims.

The six licensed insurers

SIRA's list of CTP insurers (updated 13 April 2026) names six licensed insurers. In alphabetical order, with links to their own CTP pages:

• AAMI
• Allianz
• GIO
• NRMA
• QBE
• Youi

The order is alphabetical and isn't a ranking. SIRA says you need to buy from a licensed insurer or its authorised representative. The NSW Government adds that vehicles registered in NSW must use a NSW CTP insurer. Our compare green slips page puts all six in one dated table, and links to our insurer fact sheets.

Same cover, different prices

SIRA says all green slips give the same level of CTP cover, but they may not cost the same. The price is made up of three parts:

1. The insurer's premium, set by each insurer within SIRA's rules
2. The Fund Levy, which pays for things like public hospital and ambulance costs for people injured on NSW roads, lifetime care for people severely injured, and the scheme's running costs
3. GST

Insurers price risk using rating factors such as drivers' ages, driving history and demerit points, claims history, the vehicle's age and where it's parked. SIRA's rules stop them using some factors, such as race or postcode, and limit how far prices can move above or below each insurer's base price.

As a dated reference point, SIRA's 2017 CTP Scheme Performance Report (year to 30 June 2025) gives an average green slip price of $536 for all NSW vehicles in 2024-25, including levies and GST. Your price will depend on your vehicle and drivers. Our green slip cost guide explains how it's worked out, and SIRA's free Green Slip Price Check shows quotes from all six insurers.

How it fits with your rego

The green slip and the registration are two different things you pay for, and you need both.

• Order: buy the green slip first. The insurer notifies Transport for NSW, then you renew or register with Service NSW.
• Term: SIRA says policies are generally for 12 or 6 months, and the green slip term has to match the rego term.
• Validity: SIRA says your CTP insurance isn't valid until your vehicle is registered.
• Unregistered driving: SIRA says it's illegal, with heavy fines and in some cases jail.

Our renewal guide covers deadlines and the 6 month option. If you're buying, selling or registering a car that's been off the road, see our guide to buying, selling and unregistered vehicles.

What this means for you

Think of the green slip as the injury insurance that comes with having a registered vehicle in NSW. It's the same cover whichever licensed insurer you buy it from, it's needed before you can renew rego, and it does nothing for damage to cars or property.

If you also want cover for cars and property, that's a separate, optional policy. And if you're ever injured in a crash, the CTP scheme is where the claim goes. Our CTP claims guide explains the steps.

Frequently asked questions

What is a green slip in NSW?

It's compulsory third party (CTP) insurance. You need it to register most vehicles in NSW, and it covers injuries and deaths caused by your vehicle.

Does a green slip cover damage to my car?

No. It covers injuries to people. Damage to cars and property needs separate, optional insurance.

Is a green slip the same as rego?

No. The green slip is insurance from a licensed insurer. Rego is registration with Transport for NSW through Service NSW. You need the green slip before you can register or renew.

Who sells green slips?

Six licensed insurers, as listed by SIRA on 13 April 2026: AAMI, Allianz, GIO, NRMA, QBE and Youi.

Do all green slips give the same cover?

Yes. SIRA says all green slips have the same level of CTP cover, though prices may differ.

Do trailers and caravans need a green slip?

Not a separate one. The NSW Government says CTP is included in the registration of trailers, caravans and conditionally registered vehicles.