Compare motorcycle insurance

Easily compare 20+ motorcycle insurance policies – filter by 3 levels of cover and sort based on what matters to you.

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1 - 6 of 44
Name Product Roadside Assistance Accidental Damage Storm Choice of Repairer Agreed or Market Value
QBE Comprehensive Motorcycle Insurance
Agreed or Market
⭐ Current offer: QBE guarantees to beat their competitor’s price for a comprehensive motorcycle policy. T&Cs apply.
Youi Comprehensive Motorcycle Insurance
Agreed or Market
Budget Direct Comprehensive Motorcycle Insurance
Optional
Agreed or Market
⭐ Current offer: Get a quote for your chance to win 1 of 3 Indian FTR R Carbon Motorcycles. T&Cs apply.
eric Motorcycle Comprehensive Insurance
Market
Get cover for your Motorcycle.
eric Off Road Bike Insurance
Market
AAMI Comprehensive Motorcycle Insurance
Agreed
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Cheapest motorcycle insurers

The cost of motorcycle insurance varies between providers and your cost will depend on your personal circumstances, the below should be used as a guide only.

ProvidersAnnual Cost
QBE$546.24
Budget Direct$816.85
AAMI$1,478.17
National Motorcycle Insurance Comprehensive$945.32
NRMA$979.28

What are the main types of motorcycle insurance?

Personal accident

Compulsory third party (CTP)

CTP cover is a legal requirement – you must have it to register your motorcycle in Australia. It protects riders for personal injuries caused by your motorbike after an at-fault accident and compensates those who are injured.

It won't cover you for repair costs for your motorcycle or other peoples' vehicles or property.

Motorcycle hits car

Third party property

The most basic optional insurance. Third party cover offers a bit more peace of mind as it covers the cost of damages caused by your motorcycle to others' property. It'll also pay your legal costs if you get sued for any damages you've caused.

However, third party property won't cover costs for the repair or replacement of your own motorcycle.

Motorcycle parking

Third party, fire and theft

In addition to the cover offered by third party property damage, it'll also cover any damages to your bike from fire or theft.

This type of cover doesn't include the cost of repairs to your bike if it's involved in a traffic accident.

Comprehensive motorcycle

Comprehensive

The highest level of cover available. Comprehensive insurance will cover most accidental damage, whether or not you're at-fault, plus natural disasters such as storms, floods, hail and even earthquakes. It also covers you for theft, vandalism, third party property damage and damage caused by uninsured drivers.

Comprehensive cover can replace your motorbike if it's written off within a set time period after being registered. It can also cover you for accidents if the rider of the bike isn't a nominated driver.

What does motorcycle insurance cover?

Here's what is typically covered by the 3 key types of motorcycle insurance:

FeatureComprehensiveThird party, fire and theftThird party property
Accidental Damage
  • Yes
  • No
  • No
Intentional Damage
  • Yes
  • No
  • No
Storm or Flood
  • Yes
  • No
  • No
Fire
  • Yes
  • Yes
  • No
Theft
  • Yes
  • Yes
  • No
Earthquake
  • Yes
  • Yes
  • No
Emergency Accommodation Transport and Repairs
  • Yes
  • Yes
  • Yes
Legal Liability
  • Yes
  • Yes
  • No
Towing Cost
  • Yes
  • Yes
  • No
Locks and Keys
  • Yes
  • Yes
  • No
Riding Gear
  • Yes
  • Yes
  • No
Personalised Registration Plates
  • Yes
  • Yes
  • Yes
Maritime Liability
  • Yes
  • Yes
  • Yes

What else should I look for in a policy?

Here are some features that you can get with a motorcycle insurance policy:

Helmet

Helmet and riding gear cover

Your riding leathers, helmet and other gear can be expensive. A lot of policies can cover theft or damage of helmets and riding gear.

Mechanic

Choice of repairer

If you have a preferred mechanic you want to use, you'll often need to pay a little extra for your own choice of repairer.

Agreed vs market value

Agreed or market value.

If market value isn't a fair reflection of your bike's true worth, for example if you need insurance for a modified motorcycle, you might want to look for policies that offer agreed value as an option.

Motorbike

New replacement

If a relatively new motorcycle is written off following an insured event, you might be able to get a brand new equivalent replacement. There's usually a time limit of 2 years for this feature.

car keys

Keys and locks

This provides cover for the cost of re-keying or re-coding locks if your keys are stolen, often up to around $1,000.

More on your motorcycle insurance options: state by state

How are my motorcycle insurance premiums calculated?

Your motorcycle insurance premiums are typically based on the following factors.

  • Your claims history. If you've made a claim on your motorcycle insurance in the past, insurers will classify you as posing an increased likelihood of making a future claim. This will drive your premiums up. On the flip-side, a no claim bonus can help lower the cost of cover significantly.
  • Who rides your bike. If you're an experienced rider with an unblemished claims history, and you're the only person riding your bike, the cost of your cover will be lower.
  • Where you live. If you live in a high crime area the likelihood of your bike being stolen increases. This will be reflected in the cost of your motorbike insurance premiums, as will whether or not you keep your bike safely garaged overnight.
  • The security systems installed on your bike. Bikes with alarm systems or immobilisers are less likely to be stolen, which means you can save on your motorcycle insurance premiums.
  • The kind of bike you ride. If your bike is expensive and/or high powered, expect it to cost more to insure than cheaper, less powerful models.
  • How much you ride. The fewer kilometres you ride, the lower your motorcycle insurance premiums.

How can I lower the cost of my motorcycle insurance?

To be eligible for lower premiums, you could:

  • Secure your motorcycle. You'll often get lower premiums if you can keep your bike in a secure lock-up or a garage at night. Also, installing an alarm or immobiliser can also help.
  • Pay premiums annually. Many insurers will charge less overall for premiums paid annually rather than month-to-month. Comparing motorcycle insurance quotes on a regular basis is also a good idea.
  • Ride safely. Having fewer claims will mean you are in a better position for cheaper motorcycle insurance. Those with motorcycle qualifications may also be able to score savings.
  • Look for discounts. You may be entitled to a range of savings, such as loyalty bonuses or discounts for buying your policy online, multi-policy discounts and more.
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