Frequently Asked Questions

How’s my CTP premium calculated?

Your CTP premium is calculated based on a number of factors about you and your vehicle, some of which are set by The NSW State Insurance Regulatory Authority (SIRA) including:

  • The type of vehicle you drive
  • Where your vehicle is garaged

We apply additional risk factors, including:

  • Age of youngest driver using the vehicle
  • Vehicle age
  • Vehicle use (private or commercial)
  • At-fault motor claim in last 2 years
  • Demerit points
  • Years of relationship
  • Other motor vehicle insurance
  • Vehicle safety features e.g. weight, brakes etc

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Cover is subject to standard underwriting guidelines and policy terms. Limits apply. NRMA Insurance is issued by Insurance Australia Limited ABN 11 000 016 722 trading as NRMA Insurance.

This is general advice only so to see if this product is right for you, consider your own circumstances and the relevant Product Disclosure Statement (PDS)