Published Monday, 01 September, 2025 at 01:30 PM
Minister for Finance, Trade, Employment and Training
The Honourable Ros Bates
Class 1 CTP insurance continues to be the cheapest in mainland Australia
- Queenslanders continue to have access to the cheapest CTP insurance in Australia for Class 1 vehicles.
- Changes to pricing start on renewals from 1 October.
- Queenslanders can choose between three insurers for Compulsory Third Party Insurance.
Queensland will continue to have the lowest compulsory third party insurance for sedans and station wagons in mainland Australia, following updated rates commencing 1 October 2025.
Class 1 vehicle (cars and station wagons) CTP will increase between $4 and $19 across the three insurers, while Class 6 vehicles (small trucks, vans and utes) will increase of between $5 and $23.
Compulsory Third Party insurance is included in vehicle registration and protects motorists from being held financially responsible in the case if injury in a motor vehicle accident.
Motorists are encouraged to review their CTP insurance options before renewing their registration.
During the former Labor Government’s decade of decline, an insurer quit the CTP insurance industry and Labor left their own review sitting on the shelf, which left the market on the verge of collapsing and massive price hikes for Queenslanders.
In just ten months, the Crisafulli Government has saved the scheme and returned competition to the market which delivered downward pressure on cost of living for Queenslanders.
Minister for Finance, Trade, Employment and Training Ros Bates said Queenslanders would continue to have access to the cheapest CTP of anywhere on mainland Australia.
“We have continued to deliver downward pressure on cost of living to help Queenslanders and have saved them from the massive price hikes that would have happened after Labor’s decade of decline,” Minister Bates said.
“Queenslanders who drive a car will have the cheapest CTP insurance for sedans and station wagons in mainland Australia.
“By shopping between the three licensed insurers, motorists will be able to secure the best possible deal on their CTP renewal.”
The Motor Accident Insurance Commission (MAIC) regulates Queensland’s CTP insurance scheme to ensure it remains affordable for motorists while providing genuine support to those injured on our roads.
Queensland’s Insurance Commissioner Neil Singleton said MAIC was committed to working with insurers to ensure motorists benefit from more competition.
“I am pleased to see some licensed insurers delivering for Queenslanders by offering more competitive premiums for the majority of registered vehicles,” he said.
To compare or switch insurers and learn more about CTP insurance, visit http://maic.qld.gov.au.
ENDS
MEDIA CONTACT: Brendan Morris 0428 962 414
ADDITIONAL INFORMATION:
CTP insurer 12-month premium rates for 1 October 2025 to 31 December 2025 period - private use and including levies - for vehicle classes that have seen emergence of price competition.
|
Class |
Description |
Suncorp (AAI) |
Allianz |
QBE |
|
1 |
Cars and station wagons |
$405.80 |
$400.80 |
$390.80 |
|
2 |
Motorised homes, but not if the part of the motor vehicle designed for residence is detachable from the part providing the motive power |
$405.80 |
$400.80 |
$396.40 |
|
4 |
Hire vehicles that - (a) would otherwise fall into class 1, 2 or 6; and (b) are not in class 26 |
$743.80 |
$732.00 |
$710.20 |
|
5 |
Motor vehicles, including cycles, for use only as vintage, veteran, historic or street rod motor vehicles |
$85.00 |
$84.60 |
$84.00 |
|
6 |
Trucks, utilities and vans, including panel vans, with a gross vehicle mass of 4.5t or less |
$453.80 |
$448.80 |
$435.80 |
|
7 |
Trucks, prime movers and vans with a gross vehicle mass of more than 4.5t |
$1,269.00 |
$1,269.00 |
$1,250.00 |
|
8 |
Buses that are - (a) exempt or partially exempt from payment of vehicle registration fees on the basis of use for charitable or community service; or (b) used only for driver tuition; or (c) not used for or in connection with a business or commercial purposes |
$546.80 |
$546.80 |
$539.40 |
|
9 |
Buses used substantially for transporting - (a) children, mature age students, teachers, other school employees and parents to or from school or school events; or (b) persons of any age to or from centres for therapy, rehabilitation, or remedial or other special education; (but a bus is not taken to be used substantially for transporting passengers of these classes if it carries a number of passengers of some other class or classes that is more than 10% of its adult passenger seating capacity) |
$499.80 |
$499.80 |
$493.20 |
|
12 |
Motorcycles with 2 wheels or 3 wheels, including motorcycles for hire, with seating only for the driver |
$335.60 |
$335.60 |
$333.60 |
|
13 |
Motorcycles with 2 or 3 wheels, including motorcycles for hire, with either or both of the following - (a) seating for a pillion passenger; (b) a sidecar |
$418.20 |
$418.20 |
$413.20 |
|
14 |
Tractors, with or without attachment, that are conditionally registered with unrestricted access registration |
$97.40 |
$96.80 |
$96.40 |
|
17 |
Motor vehicles used only for primary production, other than motor vehicles for which a lower premium is prescribed |
$195.20 |
$195.20 |
$193.00 |
|
19 |
Motor vehicles that are conditionally registered with limited access registration |
$152.20 |
$150.40 |
$149.20 |
|
20 |
Motor vehicles that are conditionally registered with zone access registration |
$107.60 |
$106.80 |
$106.20 |
|
21 |
Self-propelled machinery, other than a vehicle of class 14, 15, 19 or 20, that is conditionally registered with unrestricted access registration |
$149.00 |
$147.40 |
$146.00 |
|
23 |
Motor vehicles, other than trailers, to be driven with a dealer's plate attached in the course of a business for which the dealer's plate is issued |
$405.80 |
$400.80 |
$396.40 |
|
24 |
Trailers registered under the Interstate Road Transport Act 1985 (Cwlth) or trailers with a GVM of more than 4.5t for which a supplementary policy within the meaning of s 31(5) of the Act is sought |
$96.80 |
$95.60 |
$94.80 |