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Compulsory Third Party (CTP) Insurance Tasmania Australia

Steve Oke Chapchap Market No Comments

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Spread the love VIEWS: 259 CTP Insurance Tasmania Although you probably don’t think much about Compulsory Third Party (CTP) insurance, it provides vital financial cover for Tasmanian motorists. For more about how it works and why it’s so important, here’s your guide to CTP insurance in Tasmania. Do I need CTP insurance in Tasmania? Not only do you need CTP insurance in Tasmania, it’s a compulsory requirement of vehicle registration in every state and territory across Australia. How does Tasmania’s CTP insurance scheme work? Tasmania’s CTP insurance scheme is a combined common law/no fault scheme, meaning that where personal injury is caused by a motorist’s negligence, common law damages are payable to the full extent allowed. The Motor Accidents Insurance Board (MAIB) oversees the scheme, and you pay your CTP premium to them as part of your annual vehicle registration fee. The cost, which is determined by the vehicle type, is detailed […]


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