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You sure do! Anyone who drives on Tassie’s public roads is required to have Compulsory Third Party (CTP) Insurance. In Tassie, it's included as part of your vehicle registration because the cover it provides is so important.1 Basically, if you injure someone in a car accident, it helps cover their medical costs and loss of income.2 And think of it this way: without CTP, you might be the one who ends up paying thousands of dollars in compensation costs!
CTP Insurance in Tasmania works under a no fault basis. This means that even if a driver injures someone because they weren’t paying attention to the road, their CTP insurance will still help cover the medical costs that the injured person suffered.3
Put simply? It doesn’t matter whose fault the accident was. The injured person will always receive benefits from the CTP insurance. Even the person who caused the accident may be eligible for benefits if they are injured.4
The Motor Accidents Insurance Board (MAIB) also oversees the CTP scheme in Tasmania.5 And, because they’re a government entity, you won’t have to deal with any private companies where your CTP is concerned. You’ll pay your premiums directly to them each time you renew your registration.
When we say that CTP Insurance can cover you for medical costs, there’s actually a little bit more to it than just that. In Tasmania, CTP provides compensation for all eligible drivers, pedestrians and other road users. It pays for:6
Your Tasmanian CTP Insurance will also cover you if you get into a car accident while driving in another state or territory. Just keep in mind that the accident must involve a car registered in Tasmania.7
Additionally, it’s important to note what CTP won’t cover. This can include:8
The repair or replacement costs for these kinds of damages can be pretty steep, too. For this reason, it might be worth considering some additional car insurance. Policies like Third Party Property Damage, Third Party Fire and Theft and Comprehensive Insurance can really help fill in the gaps that CTP leaves.
|
Injuries to other people |
Damage to other people’s cars or property |
Damage to your car caused by fire or theft |
Accidental damage to your own car |
CTP |
✔️ |
❌ |
❌ |
❌ |
Third Party Property |
❌ |
✔️ |
❌ |
❌ |
Third Party Fire and Theft |
❌ |
✔️ |
✔️ |
❌ |
Comprehensive |
❌ |
✔️ |
✔️ |
✔️ |
Most states and territories have their own way of dealing with CTP Insurance, and Tasmania is no different here. In fact, there’s a few key areas where Tassie stands out as particularly unique:
Most vehicles in Tasmania have to be registered. Even off-road or recreational vehicles—like trail bikes, dune buggies or all-terrain vehicles—may require some form of restricted registration.18
But here’s the good news: there’s no registration fee for off-road registration.19 However, a regular CTP premium for your vehicle can still apply.20 Heck, even if your vehicle doesn’t need to be registered, it might still be a good idea to get CTP cover in case you have an accident. Just imagine what might happen if you end up injuring someone! You might end up having to pay all of their medical costs.
You can also arrange CTP cover through your local Service Tasmania Centre. Alternatively, if you’re not sure whether your vehicle actually needs CTP cover, you can also chat to MAIB on 1800 006 224.21
Unfortunately, even on the safest roads, accidents can still happen. And Tasmanians know that their state has some nerve-wracking drives (looking at your, St Mary’s Pass!) That’s why Tassie has their CTP scheme in place: so if you do get injured in a motor vehicle accident, you’ll be eligible for a range of benefits to help you recover.
Making a claim to get the help you need is also pretty simple. You’ll just need to do the following:22
The above forms can also be found on the MAIB website.23
If you need some extra protection on top of your CTP policy, then we can definitely help. You can compare policies from a range of different providers* using iSelect’s online comparison tool.
By comparing the prices and benefits on offer, you might just be able to find the Comprehensive or Third Party Car Insurance policy of your dreams! So why not get started today? It’s quick, free and easy.
Sources:
1 Tasmanian Government | Transport Services - Registration Fee Breakdown | Light Vehicles (GVM of less than 4.5 tonnes)
2 Motor Accidents Insurance Board - About the MAIB
3 Motor Accidents Insurance Board - What is the MAIB?
4 As above
5 Motor Accidents Insurance Board - About the MAIB
6 Motor Accidents Insurance Board - What is the MAIB?
7 Australia Government | Treasury - National Injury Insurance Scheme Issues Discussion Paper (Appendix A; Page 37)
8 Moneysmart - Choosing car insurance
9 Motor Accidents Insurance Board - About the MAIB
10 Motor Accidents Insurance Board - About the MAIB, Premiums & Vehicle Classifications (effective 1 December 2022)
11 Queensland Government - Registration Costs
12 Transport Accident Commission - Transport Accident Charges including GST and Duty (Page 3)
13 NRMA - How's my NSW CTP Green Slip premium calculated?
14 Tasmanian Government | Transport Services - Registration Fee Breakdown | Light Vehicles (GVM of less than 4.5 tonnes) (page 6)
15 Transport Accident Commission - Indemnity provided by the transport accident charge
16 Government of Western Australia | Insurance Commission of Western Australia - Compulsory Third Party
17 NT Motor Accidents Compensation Commission - Get registered, get covered
18 Tasmanian Government | Transport Services - MAIB Premiums
19 Tasmanian Government | Transport Services - Registration Fee Breakdown | Light Vehicles (GVM of less than 4.5 tonnes) (Page 5)
20 Tasmanian Government | Transport Services - MAIB Premiums
21 MAIB - Off road vehicles
22 Motor Accidents Insurance Board - Been in an accident?
23 As above