PRICES for the new, lower cost CTP Green Slip scheme in NSW have gone live, with a new price comparison website launched to help drivers find the best deal.
Premier Gladys Berejiklian said NSW drivers will save up to $172 a year from December 1, while Sydney taxi drivers will be more than $3000 better off.
"Without the government's reforms, average premiums would have been $654 in 2018," Ms Berejiklian said.
"Instead, the overwhelming majority can expect to see a significant reduction on their next bill.
"However, it's still important to shop around for the best price, and the best way to do that is by using the Green Slip Price Check website."
The new scheme features a new safety net, allowing all injured road users to access benefits for loss of income and medical expenses for up to six months, with lump sum compensation retained for those with long-term injuries.
The average Green Slip price for Sydney drivers will be $543 and $414 for country motorists.
Ms Berejiklian said there would also be refunds for eligible motorists who renewed their Green Slip during 2017. They will be delivered through Service NSW, with further announcements expected soon.
The closer to December 1, 2017, a vehicle owner pays their premium, the larger the refund. Sydney motorists will save an average of $70 and $30 for country drivers.
The Green Slip Price Check - www.greenslips.nsw.gov.au
A table with details on the savings - www.sira.nsw.gov.au