Every year, the Motor Accident Insurance Commission (MAIC) releases detailed data on the operation of Queensland’s Compulsory Third Party (CTP) insurance scheme.
The 2023/2024 figures are in and they reveal a staggering $954 million in car accident injury payouts to Queenslanders.
If you need help with your accident injury claim, speak to our motor vehicle accident lawyers today.
Queensland’s CTP Scheme : One of Australia’s Best
Queensland boasts not only the second cheapest CTP premiums in the country, but in our opinion, one of the fairest and most accessible compensation schemes for people injured in motor vehicle accidents.
The transparency of MAIC’s reporting provides valuable insight into how compensation is distributed across different injury-related categories.
Payout Breakdown for 2023/2024
Here’s how nearly one billion dollars in compensation was distributed among car accident claimants :
| Compensation Payout Category | Total Payout shared between Claimants | Averaged Individual Payout |
| Economic loss past and future | $560,536,177 | $61,194 |
| Care & medical | $224,451,056 | $24503 |
| General damages | $139,470,187 | $15226 |
| Claimant legal | $145,469,807 | $15881 |
| Other* mods to cars and houses etc | $22,650,077 | $2472 |
| Total | $954,101,117 | $119,276 |
These figures show what the average payout might look like if compensation were distributed evenly.
In reality, payouts vary significantly based on the seriousness of each person’s injury and its impact on their life and ability to work.
Why You Should Always Get Legal Advice First
While we are prohibited from advertising specific results, our hundreds of five-star reviews speak volumes.
Many of our past clients have described us as the best car accident lawyers in Brisbane and Logan.
Our road accident lawyers are also tech-savvy, allowing us to assist clients across all of Queensland.
From initial consultations to claim lodgement and payout, our streamlined process makes it easier then ever for you to claim and assures you get the best possible payout.
Don’t Be Misled by Insurer Ads
Insurance companies are running slick advertising campaigns that make direct claims seem simple and stress-free.
But the reality is
Insurers have a profit motive.
People who claim directly with an insurer typically receive less compensation than those who have a lawyer on their side.
What many don’t realise is that legal fees are partially covered by the insurer as part of your CTP compensation.
In 2023/2024 alone, insurers paid out $145 million in legal fees for claimants.
Get Help from an Expert – For Free
If you’ve been injured in a car accident -whether as a driver, passenger, cyclist, or pedestrian ,you may be eligible for compensation under Queensland’s CTP scheme.
We offer free, no-obligation consultations with experienced car accident injury lawyers.
It costs nothing to find out your rights, and it could mean a fairer outcome and more money in your pocket.
07 3416 4999
