No Win No Fee Personal Injury Lawyers Motor Accident Injury Claim Experts Brisbane & Gold Coast
No Win No Fee Personal Injury Lawyers specialise in all areas of personal injury law, including Compulsory Third Party Insurance Claims.
What is a Compulsory Third Party Insurance Claim, or “CTP Claim”, as they are also known? A Compulsory Third Party Insurance Claim, or CTP Claim, is quite simply a claim for compensation for injuries sustained in a motor vehicle accident. In other words, a motor accident injury claim.
The reason we use the term, “Compulsory Third Party Insurance Claim”, is because motor accident injury claims in Queensland, although brought against the at-fault driver, are actually paid for by the Compulsory Third Party Insurer (CTP Insurer) of the at-fault vehicle.
Compulsory Third Party Insurance
Compulsory Third Party Insurance is motor vehicle insurance that insures at-fault drivers against claims for motor accident injury. Under Queensland law, it’s mandatory for all motor vehicles on Queensland roads to be insured for Compulsory Third Party Insurance. It is a compulsory requirement, and hence the title, “Compulsory Third Party Insurance”.
Oddly enough, and despite its compulsory nature, many car owners are unaware they have CTP Insurance attached to their vehicle. This is most likely because, in Queensland, CTP Insurance is automatically included in your annual motor vehicle registration fees.
Often people confuse CTP Insurance with Comprehensive Motor Vehicle Insurance. However, CTP Insurance is completely separate and distinct from Comprehensive Motor Vehicle Insurance. Whereas CTP Insurance insures against motor accident injury, Comprehensive Motor Vehicle Insurance insures solely against vehicle and property damage resulting from a motor vehicle accident.
Unlike CTP Insurance, Comprehensive Insurance, is not compulsory. A motor vehicle owner can choose not to take out Comprehensive Insurance to cover claims for vehicle & property damage.
Most significantly, the purpose of CTP Insurance is to ensure that all those injured on Queensland’s roads have recourse to compensation for their injuries and any resultant loss and damage sustained as a consequence.
