Farm Vehicles and Trailers – CTP Insurance

Vehicle Class / Class Description / Current CTP Premium
(Inc GST & Ins duty) / Farm vehicles included in this class / Farm vehicle
premium in this class
(Inc GST Insduty) / Indicative No Fault premium
(inc GST and Insurance duty) / Number of farm
vehicles in the class
1X 1Z / Private and Business Use Motor cars / 1X = $290.94
1Z = $308.84 /
Any motor car licensed under Regulation 8 of the Road Traffic (Charges and Fess) Regulations 2006 and issued with number plates in accordance with regulation 8 of those Regulations as a farm vehicle shall be entitled to a rebate of 50 per cent of this premium. / 1X = $145.47
1Z = $154.42 / 50% discount for farm vehicles in these vehicle classes also apply
No fault CTP premium:
= $49.50 / 107
2f
(50% of 2X & 2Z) / Private and Business Use wagons / 2X = $268.55
2Z = $285.19 / As per the above but for vehicles constructed for the conveyance of goods. / 2X = $134.28
2Z = $142.60 / 50% discount for farm vehicles in these vehicle classes also apply
No fault CTP premium:
= $45.50 / 5,908
4X & 4Z / Private and Business Motor cycles / 4X = $164.98
4Z = $175.21 / Any motor cycle licensed under Regulation 8 of the Road Traffic (Charges and Fees) Regulations 2006 and issued with number plates in accordance with regulation 8 of those Regulations as a farm vehicle shall be entitled to a rebate of 50 per cent of this premium). / 4X = $82.49
4Z = $87.61 / Recommend 50% discount for farm vehicles in these vehicle classes also apply
No fault CTP premium:
$99.04 X 50% of 1X (Business rate removed) = $49.50 / TBC
7a / Misc class includes:
  • Includes 75cc bikes
  • Veteran cars
  • Farm Fire Fighting Vehicles
/ $26.12 / Any vehicle that is owned by a person engaged in the business of farming or grazing and that is fitted or adapted for the purpose of fire fighting, licensed under a limited vehicle licence, limiting it exclusively to use on a road for fire fighting purposes. / $26.12 / Recommended premium as per previous discussions (which includes scooters):
No fault CTP premium:
$29.71 / 34
7b / Class includes Tractors (other than not prime mover type) and certain Tractor Plants / $42.19 / Tractors (other than prime mover type but including farm type) and Tractor Plant as defined in the Road Traffic (Vehicle Standards) Regulations 2002 or the Road Traffic Licensing Regulations 1975 and licensed as a Class A or Class B vehicle under subsidiary Regulations to the Road Traffic Act 1974. / $42.19 / No fault CTP premium:
$25 / 27,719
Class B licences include agricultural machines.
8a / Tractor Plant. / $171.97 / Tractor Plants licensed as a Class C under subsidiary Regulations to the Road Traffic Act 1974 / $171.97 / No fault CTP premium:
$60 / 52
Class C licences are generally used in mining, quarrying, earth moving, drilling, forestry, the making, maintenance or cleaning of roads, or the construction of major works.
(1,934 total vehicles in this class)
6 / Trailers / $13.07 / Includes ALL trailers including boat trailers / truck trailers. / $13.07 / No increase. / 510,250

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Farm Vehicles and Trailers – CTP Insurance

Class 1X/1Z vehicle types

CLASS 2f vehicle types

CLASS 7a vehicle types

Class 8a vehicle types

CLASS 7b vehicle types

Total Farm vehicles = 33820

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