CTP insurance is regulated by the Government; this means we submit our prices to SIRA for approval. To calculate our CTP premium, we consider various rating factors such as, but not limited to the vehicles age, make/model and shape, the driving history for all drivers of the vehicle, motor insurance history for the vehicle, the registered usage of the vehicle, and the term of the insurance (6 or 12 months). As these rating factors are updated, so too is the premium. A Fund Levy is also included in the cost of each Green Slip which funds ambulance, hospital, lifetime care and other services for people injured in motor vehicle accidents. To learn more about CTP premiums visit the SIRA website.