Transport Accident Commission (Vic)
The Transport Accident Commission (TAC) is an Australian statutory insurer that provides third-party personal liability insurance for those vehicle injuries that occur in the Australian state of Victoria.
What Does TAC Do?
The Transport Accident Commission provides insurance coverage for those accidents caused due to a moving tram, train, bus, motorcycle or car. This coverage is provided in a “no-fault” way, meaning that medical benefits get paid to injured parties regardless of who caused the incident. Furthermore, it includes support services for injured parties, including drivers, passengers, pedestrians and motorcyclists. The TAC also regularly develops road safety campaigns designed to reduce road accidents by raising awareness of important road safety topics. In fact, the TAC’s efforts have led to a halving of car accidents in just twelve years. Furthermore, the Transport Accident Commission pays an average of $150,000 for every vehicle death and an average of $1,500,000 for every serious road injury. Between 2011 and 2012, this amounted to $1.01 billion in compensation paid out to over 40,000 victims. Note that all this compensation is funded solely through transport accident charges.
What Are Transport Accident Charges?
Vehicle owners in Victoria are assigned a transport accident charge premium when they register their automobile. This TAC premium is calculated based on the following factors:
- The type of vehicle owned.
- The registered owner’s driving record.
- The registered owner’s intentions.
- The vehicle’s seating capacity.
- The vehicle’s carrying capacity.
- The vehicle’s garage location.
The garage location is important because it helps determine risks. There are three risk zones: high, medium and low. These zones are determined by postcodes. Also, a TAC premium can increase because of factors like the following:
- The registered owner moves from a lower-risk postcode to a higher-risk one.
- The registered owner upgrades his or her vehicle.
- The registered purchases a different vehicle.
- The TAC charge gets indexed by CPI.
Note also a car owner must pay a TAC premium for every vehicle he or she owns. Otherwise, if the TAC premium applied only to a vehicle owner, premiums would be much higher for everyone. This would in turn disadvantage those who own fewer vehicles.
TAC covers all the following types of expenses:
- Ambulance Services
- Hospital Services
- Medical Assistance
- Pharmacy Medication
- Therapy Services
- Dental Services
- Nursing Services
- Disability Assistance
- Travel Expenses
- Income Assistance
- Lump Sum Compensation
The Transport Commission also uses TAC premiums to conduct claims research. Teams closely review all claims processed through TAC and use this information to create better public education campaigns. Furthermore, $20 million is being funneled toward neurotrauma research to help deal with victims suffering from traumatic brain injury or spinal cord injury.
Useful TAC Tools
The Transport Accident Commission website contains some very interesting tools and pages that might be of much use to some page: TAC Premiums This page provides more detailed information about Transport Accident Charges. It also links to PDFs and DOCs that list high risk and medium risk postcodes. TAC Claims This page provides all the information injured clients need to know about the claims process. It covers what to do if involved in an accident; what exactly TAC covers; and how the Transport Commission handles all claims. Safe Driving Tools This page contains a multitude of safe driving tips and tools:
- Guides for driving in difficult conditions.
- Tips on how to avoid driving fatigue.
- Recommended fleet policies for work vehicles.
- Fundamental information on motorcycle safety.
- Essential driving tips for senior drivers.
- Road safety guides for parents and supervisors.
- Seatbelt safety tips.
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