The TAC is a Victorian Government-owned organisation whose role is to promote road safety, improve the State's trauma system and support those who have been injured on our roads.
The funds the TAC needs to perform these functions come from payments made by Victorian motorists when they register their vehicles each year with VicRoads.
The TAC covers transport accidents directly caused by the driving of a car, motorcycle, bus, train or tram. The TAC can provide support services for people injured in a transport accident as a driver, passenger, pedestrian, motorcyclist, or in some cases, a cyclist.
The TAC is a 'no-fault' scheme. This means that medical benefits will be paid to an injured person regardless of who caused the accident.
The TAC can also pay income support while you recover, and in the case of some serious injuries a lump sum payment may also be payable.
For more details about the medical, rehabilitation, income and lump sum support the TAC can offer visit the 'What the TAC can pay for' page.
The TAC is committed to delivering these benefits to injured people in a caring, efficient and financially responsible way.
The TAC is unique among personal injury compensation schemes in that one of our key roles is to promote road safety.
Working closely with Victoria Police, the Department of Justice and VicRoads, the TAC develops campaigns that increase awareness of road safety issues, change behaviour and ultimately reduce the incidence of road trauma.
Over the past twelve years, the Victorian road toll has almost halved. This has been achieved in part through sustained campaigning to reduce road trauma and death on Victoria's roads. Victoria now has one of the best road safety records in the world.
Reducing the frequency and severity of transport accidents not only saves lives and avoids serious injuries, it also reduces claims. This provides savings to the Victorian community and ensures the long-term financial viability of the transport accident scheme.
The economic and social costs associated with road accidents have made the issue of road safety a major concern for the community.
The TAC pays an average of $150,000 each road death and an average of $1,500,000 for each serious injury (eg. traumatic brain and spinal injuries). In the 2011/12 financial year, the TAC paid out $1.01 billion in benefits and compensation to 44,410 people, which represents a direct cost to the Victorian community funded by premiums paid by vehicle owners.
By preventing accidents, lives will be saved, injuries will be reduced and savings to the Victorian community will be made.