Page 5031 - Week 13 - Thursday, 2 November 2017

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(Copies of the attachments are available at the Chamber Support Office).

Insurance—third-party
(Question No 735)

Mr Coe asked the Treasurer, upon notice, on 22 September 2017 (redirected to the Acting Treasurer):

(1) What is the total amount paid for compulsory third party (CTP) insurance for all lease vehicles in the ACT fleet during (a) 2015-16, (b) 2016-17 and (c) 2017-18 to date.

(2) How many lease vehicles were in the ACT fleet during (a) 2015-16, (b) 2016-17 and (c) 2017-18 to date.

(3) What is the breakdown of the total number of Territory owned motor vehicles that are self-insured by the Territory by vehicle type.

(4) How much has the Territory paid, through the self-insurance model, in claims under CTP during (a) 2015-16, (b) 2016-17 and (c) 2017-18 to date.

(5) How much has the Territory paid, through private insurance model, in claims under CTP during (a) 2015-16, (b) 2016-17 and (c) 2017-18 to date.

Ms Fitzharris: The answer to the member’s question is as follows:

(1) The total amount paid for compulsory third party (CTP) insurance for all lease vehicles in the ACT fleet is as follows:

Period

CTP Prem (incl GST) + ND Levy

2015-16

$757,723.67

2016-17

$900,747.40

2017-18 to date (July 17 only)

$98,962.00

Total

$1,757,433.07

(2) The volume of lease vehicles in the ACT fleet is as follows:

Period

Fleet Size

Leased Contracts

2014-15 (as of 1st July 2015)

1406

1278

2015-16 (as of 1st July 2016)

1361

1250

2016-17 (as of 1st July 2017)

1350

1248

2017-18 to date (as of 1st October 2017)

1349

1243

(3) All Territory-owned busses, fire fighting vehicles and ambulances are self-insured by the Territory, together with a small number of special, non-standard vehicles. Exact numbers of different vehicle types are not recorded by ACTIA, but the replacement value of the different categories of self-insured vehicles is as follows:

Busses $136,412,487

Emergency services vehicles $51,536,283

Other special vehicles $3,276,934


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