What is Green Slip for in NSW in 2026?
Green Slip is the common name for Compulsory Third Party (CTP) insurance. It is mandatory insurance you must buy before you can register any vehicle in NSW. In 2026, it covers injury to all people involved in a car accident, with average total cost around $664 including the new $190.60 Fund Levy.
Updated: 9 Oct 2026 | Based on SIRA Official Guidelines
What is a Green Slip in NSW? Simple Answer
According to SIRA (State Insurance Regulatory Authority), a Green Slip is a personal injury insurance policy. It insures NSW drivers for the costs of a person's injuries incurred in a motor vehicle accident.
The Green Slip scheme covers the cost of injuries caused by your vehicle to you if the accident occurred in NSW, and to anyone else anywhere in Australia including pedestrians, passengers, cyclists, motorcyclists and other drivers.
If a person dies as a result of the accident, close relatives may also be able to claim some funeral expenses or compensation.
What Does Green Slip Cover in NSW? Full List 2026
All 6 licensed insurers AAMI, Allianz, GIO, NRMA, QBE and Youi provide same statutory benefits under Motor Accident Injuries Act 2017. Cover includes:
- Up to 52 weeks of income support: A percentage of your pre-injury weekly income if you need time off work. For at-fault drivers, statutory benefits are limited to 26 weeks.
- Reasonable treatment and rehab: Hospital, ambulance, medical, physio, counselling and psychological support.
- Commercial attendant care: Help around home while you recover.
- Lifetime Care and Support: For catastrophic injuries like spinal injury, brain injury, severe burns.
- Funeral expenses: For close relatives if death occurs.
Important: Green Slip covers all injured people regardless of fault unless you are charged with a serious driving offence related to the accident.
What Green Slip Does NOT Cover
| Green Slip Provides | Does NOT Cover |
|---|---|
| Medical expenses for injured people | Damage to your own car |
| Weekly income support | Damage to other vehicles or property |
| Treatment and rehabilitation | Theft, fire, vandalism of your car |
| Lifetime care for severe injuries | Requires comprehensive or third party property insurance |
Why is Green Slip Compulsory in NSW?
In NSW, you cannot register your vehicle without a valid Green Slip. This is law. It ensures that victims of accidents can access necessary medical care and compensation without suing driver personally. The scheme is regulated by SIRA, which controls premium calculation and insurer behaviour.
How Much is Green Slip in NSW in 2026? Real Price Breakdown
There is no single fixed price. Total price = Insurer Premium + Fund Levy + GST.
2026 Fund Levy Increase - Why Price Went Up
From 15 January 2026, SIRA increased average Fund Levy from $164.80 to $190.60. This is a $25.80 increase that all drivers pay regardless of insurer. It goes to government funds, not insurer profit.
| Levy Component | Jan 2025 - Jan 2026 | From 15 Jan 2026 |
|---|---|---|
| Motor Accidents Operational Fund | $37.50 | $65.50 |
| Lifetime Care and Support Fund | $100.00 | $92.10 |
| Treatment and Care Benefits Fund | $27.30 | $33.30 |
| Total Average Levy | $164.80 | $190.60 |
SIRA's illustrative average total premium for 2026 is about $664 including levy and GST. Before 2017 scheme, average was $635, which fell to $486 in Dec 2024, now increasing again in 2026 due to higher injury claims.
Cheapest Green Slip Price List - Sydney Example
For a small hatchback, 30 year old driver, Sydney postcode 2000, 0 demerit points, no at-fault claims in 5 years:
| Insurer | Estimated Price Range | Special Feature |
|---|---|---|
| Youi | $489 - $530 | Often cheapest for clean record |
| QBE | $512 - $555 | Good for multi-vehicle |
| AAMI | $525 - $570 | Online discount |
| GIO | $538 - $590 | Trusted brand |
| Allianz | $540 - $585 | Fast claim |
| NRMA | $542 - $580 | Includes optional At-Fault Driver Protection |
Exact price check only on official SIRA tool. Do not trust third party calculators.
What Affects Your Green Slip Price? 6 Factors
- Youngest driver age: Under 25 pays 20-40% more. Over 55 gets lower minimum premium rule - not below 75% of base premium vs 80% for under 55.
- Garaging postcode: Sydney CBD 2000 is most expensive, Wollongong 2500 middle, Dubbo 2830 cheapest.
- Demerit points in last 3 years 4 months: Even if points removed from licence, insurer still counts them.
- Vehicle type: Hatchback cheapest, SUV, Ute, high performance higher.
- At-fault claims in last 5 years: One claim can increase premium by $50-$120.
- 6 vs 12 month policy: You can buy 6 or 12 month. If your rego expired more than 21 days ago, you cannot buy 6 month.
Can I Drive Without Green Slip in NSW? Fine and Penalty
No. All vehicles that are driven on NSW roads must be registered and to be registered must have CTP. If you drive without Green Slip, you are unregistered.
Fine is $1,200 for uninsured/unregistered driving. Police must be called if accident causes injury and you must give details. If your Green Slip expires and you wait for rego due date, you cannot drive during gap period.
How to Buy Cheapest Green Slip NSW in 5 Minutes - Official Method
- Go to official SIRA website: greenslips.nsw.gov.au - Green Slip Price Check
- Enter registration number or VIN. Enter driver licence number or billing number for most accurate quote. Manual entry without rego is less accurate.
- Compare all 6 insurers side-by-side. Check base premium, Fund Levy and GST separately.
- Select cheapest insurer and pay online. Insurer notifies Transport for NSW electronically within 1 hour. If you pay at Australia Post, it takes 5 days.
- Then renew rego on Service NSW app or website.
NRMA Driver Protection Cover - Is It Worth It?
Only NRMA markets At-Fault Driver Cover as distinct add-on. Standard CTP gives at-fault drivers only limited benefits up to 26 weeks. NRMA optional cover gives extra compensation for serious injuries if you are at fault. Other insurers like Youi, QBE only give statutory minimum for at-fault.
Green Slip Refund and Transfer Rules
If you sell car in NSW and rego is still valid, Green Slip transfers automatically to new owner with registration. You do not need to buy new one. You must lodge Notice of Disposal immediately on Service NSW within 14 days or you will pay more.
To cancel Green Slip for refund, you must first cancel registration at Service NSW, then submit cancellation form to insurer by email with proof of cancellation.
Frequently Asked Questions
What is the cheapest Green Slip in NSW 2026?
For most Sydney drivers with clean record, Youi from $489 is cheapest, followed by QBE and AAMI. But price depends on your age, postcode and demerits. Always compare on SIRA Price Check.
How much is Green Slip fine in NSW?
Fine for driving without Green Slip (unregistered) is $1,200. You also cannot renew rego after 21 days gap without buying new policy and you cannot drive during gap.
Does Green Slip cover my car damage?
No. It only covers injury to people. For car damage you need comprehensive car insurance or third party property damage insurance.
Can I get 6 month Green Slip NSW?
Yes, NSW allows 6 or 12 month policy. 6 month is useful if selling car soon. But if your last CTP expired more than 21 days ago, you are not eligible for 6 month.
Conclusion
Green Slip in NSW is not just a paper, it is compulsory protection for all road users. 2026 levy is $190.60, average premium around $664, but smart comparison can save $100-$200. Always use official SIRA Green Slip Price Check to compare Youi, QBE, NRMA, AAMI, GIO and Allianz before renewal.
Also Read: Cheapest Green Slip NSW 2026 Price List - Sydney from $489 [Youi, QBE, NRMA]
Sources: SIRA - How prices are set, SIRA Motor Accident Guidelines Premium Determination, Service NSW Price Check, Motor Accident Injuries Act 2017.
Also Read: Cheapest Green Slip NSW 2026 Price List Sydney from $489 [Youi, QBE, NRMA]
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