CTP Scheme in South Australia opened up to competition

date
24 June 2019
category

As of 1 July 2019, SA motorists will be able to select their CTP insurer on renewal of their motor vehicle registration.

CTP insurers will be able to compete on price (within a premium range set by the CTP Regulator).

Since 1 July 2016, four Government-approved CTP Insurers (AAMI, Allianz, QBE and SGIC) have been offering the same CTP insurance product at the same price. From 1 July 2019 those insurers will continue to offer the same product, but can compete on price and service.

author
Anne Henriksen
tags

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