Western Australia’s compulsory third party (CTP) insurance scheme has been in place since 1947. At the time of writing (November 2015), the state runs an ‘at-fault’ scheme where injured drivers must assert fault against a driver of a WA registered vehicle in order to make a successful insurance claim. So if you are at fault, you cannot make a claim and if you are partly at fault you may get reduced compensation.
CTP Insurance in WA is solely provided by the Insurance Commission of Western Australia (ICWA) who i also responsible for administering, underwriting and managing the scheme.
ICWA estimates that 92 people are catastrophically injured in motor vehicle accidents in WA each year, and 44 of these are not compensated through the CTP scheme due to not being able to assert fault against another driver. This sad fact motivated the Government to make a change. In the 2015 State Budget, WA Treasurer Mike Nahan announced that the state would introduce a no-fault CTP insurance scheme. This would allow people who are catastrophically injured in a road accident to make a claim for necessary care and support, regardless of fault. From July 2016, there will be a $99 increase on CTP premiums for cars, motorcycles and trucks in order to fund the new scheme.
Western Australia Road Statistics
- As at 31 January 2015, there are 1,566,574 registered passenger vehicles in WA– making up around 71% of all registered vehicles. Motorcycles make up 5.8% of all registered vehicles in WA, with 127,145. (Source: ABS).
- As at July 2015, the CTP premium for a private motor car (excluding GST/duties) in Western Australia is $250 – the cheapest out of all the states. (Source: ICWA).
- In the year 2014, there were 3,460 personal injury CTP claims in Western Australia. (Source: ICWA).
- In 2014, there were 210 crash-related fatalities on WA roads. 5,990 2014 crashes in WA were attended by an ambulance. (Source: ICWA).
- According to a 2014 Canstar Blue survey, 96% West Australians believe they are a good driver – the highest rate out of Australia’s five biggest states. However, the survey also found that 43% of West Australians have experienced a ‘road rage’ incident.
CTP doesn’t cover you for damage to other vehicles, your vehicle or property, so make sure you consider the pros and cons of getting comprehensive car insurance.