CTP Green Slip refunds extended to 30 September
The NRMA is urging all NSW motorists to check their eligibility for a CTP Green Slip refund, with figures released in August showing 700,000 policyholders yet to claim $29 million in refunds.
In July the NSW Government revealed that 2.8 million policyholders have already claimed $156 million, with the deadline for claiming a refund extended one final time from 30 June to 30 September 2019. Following that, any unclaimed money will go towards reducing Green Slips, by lowering the motor accidents levy.
NRMA spokesperson Peter Khoury said: “We’re urging all motorists to take a few short minutes to get online or call the number, and get their refund if they are eligible. A one off cash injection into the bank account of up to $120 will go a long way to helping the family budget and it would be a shame for people to miss out.”
Claiming a refund is simple and easy and can be done via Service NSW either online, over the phone or in store.
How to claim your Green Slip refund
1. Select the 'Claim online' button.
2. Log into or create your MyServiceNSW Account.
3. Follow the prompts to claim a CTP refund.
4. Enter your bank details, review and submit your claim.
Top 10 Sydney suburbs for most unclaimed money
|Suburb||Yet to claim value|
Eligible motorists will be refunded part of their 2017 Green Slip under the NSW Government's new compulsory third-party insurance plan. Under a reformed CTP scheme the average price of a Green Slip will be reduced by more than $100.
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.
CTP Green Slip prices were reduced for most classes of vehicles* from December 2017 when the new scheme started. So, if you purchase or renew your Green Slip before 1 December you may have paid pre-reform prices.
See the table of refunds estimates. These are based on average premiums by vehicle class and the month the Green Slip was purchased.
The refund will apply to the owner of the vehicle as at midnight 30 November and will be calculated on a pro-rata basis. That is, the closer you purchase a policy to 1 December, the greater your refund will be.
*Motorcycle owners will not receive a refund. Instead, injured motorcycle riders will get more benefits and their prices will remain similar to what they are now. See the question below on motorcycles.