The NSW Government has reformed the compulsory third party (CTP) insurance scheme. Part of these reforms that started on 1 December 2017 resulted in reduced costs of CTP Green Slips for vehicle owners and better support people injured on our roads.
If you were the registered owner of a private vehicle as at midnight 30 November 2017, you may be able to claim a CTP Green Slip refund for insurance policies bought or renewed before 1 December 2017. Over 4 million NSW vehicle owners will be eligible for a refund as a result of these reforms.
According to Services NSW, businesses were sent their refunds in January & February of this year. Most other policy holders are now able to claim their refunds.
If you have not claimed a refund or not sure if you are eligible the below is some detailed information to assist.
Please note that CTP refunds are now available between 7pm and 7am Monday to Saturday and all day Sunday. You have until September 30 to claim your refund so there is no immediate hurry.
Who’s Eligible
You are likely to be eligible for a refund where the private vehicle was registered in:
- Sydney metro, Outer metro, Newcastle, or Wollongong region and the insurance premium was paid from February 2017 onward
- Country region, and the insurance premium was paid from May 2017 onward
What you’ll need
- a MyServiceNSW account
- your banking details
How to Claim
- Select the ‘Claim online’ button.
- Log into or create your account.
- Follow the prompts to claim a CTP refund.
- Review and submit your claim.
The refund amount varies depending on when the policy was purchased, the type of vehicle, and where you are located.
Refund amounts will be calculated on a pro rata basis. This means that the amount you’re refunded will depend on when you bought your Green Slip in the 12 months before the new scheme started on 1 December 2017.