The Emergency Services Levy (ESL) is an emergency services insurance contribution scheme that funds the fire and rescue emergency services in New South Wales (NSW). Insurance companies are required to contribute to the budget for these services in NSW each financial year. Insurers may reclaim this amount from their policyholders by charging an ESL in their insurance policy premium.
The Emergency Services Levy Insurance Monitor (ESL Monitor) published an Order requiring insurance companies, and those acting on their behalf, to provide a breakdown of the ESL component of the premium, as well as year on year premium comparisons. These disclosure requirements are being enforced by the ESL Insurance Monitor.
Will this increase insurance premiums?
There is no direct change to policy premiums because of the ESL. However, you may see an impact in the ESL contribution compared to last year.
Affected insurance products
These are the different policy types that are impacted by these changes:
- Boat
- Caravan
- Household
- Motor Vehicle
- Body Corporate
- Unique vehicle
- Enthusiast Car & Motorcycle
After more information? Check out www.eslinsurancemonitor.nsw.gov.au/frequently-asked-questions.