More than 28,000 motor vehicle owners in the Coffs Harbour electorate will be able to access their CTP Green Slip refund from today, said the Member for Coffs Harbour, Andrew Fraser.
The NSW Government last year overhauled the old CTP Green Slip Scheme to create a more affordable, lower cost scheme. In addition to lower premiums in 2018, the Government is providing partial refunds to the owners of vehicles across the state with insurance premiums calculated based on the cost of the old scheme.
Refund amounts will differ between motorists depending on when they renewed their Green Slip. The closer to 1 December 2017 a motorist paid their premium, the larger the refund.
Minister for Finance, Services and Property Victor Dominello said that, as a result of the Government’s reforms, over $29 million will be returned to vehicle owners across Northern NSW. The average refund is $43.
“The new CTP scheme is delivering a big win for motorists through lower premiums, greater protections for those injured on the road and refunds on premiums paid during 2017,” Mr Dominello said.
Mr Fraser said: “The new CTP scheme is delivering significant savings for motorists. The average Green Slip price this year across the local area will be $423, down from $481 last year.”
People with a MyServiceNSW email account can expect to receive an email advising them they are entitled to a refund. The refund will be processed through their MyServiceNSW account and paid into a bank account of their choice. Vehicle owners who do not have a MyServiceNSW account can check online if they are eligible for a refund (www.service.nsw.gov.au/greensliprefund) or by visiting their local Service NSW Centre before creating an account.
Refunds will be available in the coming days and weeks and are available until 30 September 2018.
To register for your Green Slip refund visit www.service.nsw.gov.au/greensliprefund or for further information on the new scheme visit www.sira.nsw.gov.au