GIO COMPULSORY THIRD PARTY (CTP) INSURANCE PREMIUMS

(TO APPLY IN THE ACT FROM 15 JULY 2013)

PREMIUMS APPLICABLE FOR 12 MONTH POLICY

Item

/

Classification

/

Premium

Private Use[1]

/

Business Use[2]

1 /

Ambulance

/ $852.50 / $922.80
2 /

Breakdown vehicle

/ $1,199.40 / $1,298.30
3 /

Bus or demand responsive service vehicle

(a)  If the vehicle has seating for not more than 16 adults (including the driver)

$731.00 / $791.30

(b)  If the vehicle has seating for more than 16 adults (including the driver)

/ $4,923.10 / $5,329.20
4 /

Drive-yourself hire vehicle

/ $1,320.80 / $1,429.70
5 /

Firefighting vehicle

/ $765.70 / $828.80
6 /

General hire car

/ $2,355.80 / $2,550.10
7 /

Goods vehicle (includes primary producer’s goods vehicle)

(a)  if gross vehicle mass (GVM) is not over 4.5 t

/ $679.10 / $735.10

(b)  if gross vehicle mass (GVM) is over 4.5 t

/ $2,454.10 / $2,656.50
8 /

Historic vehicle

/ $100.80 / $109.10
9 /

Miscellaneous vehicle

/ $852.50 / $922.80
10 /

Mobile crane

/ $1,488.50 / $1,611.30
11 /

Motorcycle

(a)  if the engine capacity is not over 300 mL

/ $131.60 / $142.40

(b)  if the engine capacity is over 300 mL but is not over 600mL

/ $540.30 / $584.80

(c)  if the engine capacity is over 600 mL

/ $540.30 / $584.80

(d)  electrically powered motorcycle

/ $131.60 / $142.40
12 /

Passenger vehicle (Class 1 vehicle)

/ $590.20 / $638.80
13 /

Police vehicle

/ $1,343.90 / $1,454.70
14 /

Primary producer’s tractor

/ $852.50 / $922.80
15 /

Taxi

/ $8,716.30 / $9,435.30
16 /

Trader’s Plate

/ $216.40 / $234.20
17 /

Trailer

/ - / -
18 /

Undertaker’s vehicle

/ $413.00 / $447.00
19 /

Veteran vehicle

/ $100.80 / $109.10
20 /

Vintage vehicle

/ $100.80 / $109.10

[1] Private use if there is no entitlement to claim an input tax credit in relation to the vehicle’s CTP policy.

[2] Business use if there is an entitlement to claim an input tax credit in relation to the vehicle’s CTP policy.