Insurance and rideshare driving

Compulsory Third Party (CTP) insurance is required for registered motor vehicles used for ridesharing, which helps cover personal injury to others in a road accident. In fact, CTP Insurance is mandatory for all registered vehicles in Australia, not just rideshare drivers.

CTP works differently across Australia, so here’s a brief rundown of what you need to know:

• Victorians, Western Australians, Tasmanians and Northern Territory road users have CTP Insurance included as part of their vehicle registration fee. So you don’t need to shop around for a provider if you’re located in these areas.
• Drivers in South Australia and Queensland purchase CTP Insurance at the same time as their car registration, but have a level of choice regarding who insures them.
• CTP is called MAI Insurance in the Australian Capital Territory, and you can choose your preferred provider.
• In New South Wales, CTP is also referred to as Green Slip insurance, and you can decide who you insure with.

For an overview on how CTP Insurance works and why it's mandatory, see: Why do I need CTP Insurance?

Not all insurance providers cover ridesharing as part of a personal car insurance product. If it is included, it may have conditions or limitations associated with it. This is why it’s important to talk to your insurer about your intentions to start rideshare driving.

NRMA Insurance includes rideshare cover as part of our Third Party Property Damage, Third Party Fire and Theft and Comprehensive Car Insurance policies. Keep in mind, the maximum time your car can be used for ridesharing is 10 hours per week. This is the combined total for all drivers who use your car. This cover is only available if you’ve told us you’re using your own personal car for ridesharing. For full details, including terms and exclusions, refer to the relevant PDS.