CTP insurance stands for Compulsory Third Party insurance, which is mandatory for all motorists in Queensland. It is paid as part of the vehicle registration process and covers the driver’s liability to people injured in a motor vehicle accident. CTP insurance covers the costs of compensation claims made against you if you injure or kill someone in a car or road accident. It will also cover you for your own personal injuries if you were not at fault. CTP insurance generally covers your liability – and the liability of anyone who drives your vehicle – for injuries and death caused to other parties in a motor vehicle accident. This can include injuries to other drivers, passengers, pedestrians, cyclists, and motorcycle riders. CTP insurance does not cover damage to cars or property due to an accident.

In Queensland, drivers can choose their CTP provider, and must have it arranged before their registration can be finalized. When you buy a new or used vehicle from a motor dealer, generally they can arrange registration and CTP Insurance for you. However, it’s important to know that you have the right to choose your preferred provider. The cost of CTP insurance can vary depending on the provider and the level of cover you choose.