Comprehensive
Third Party Property Only
Third Party Property, Fire & Theft
Motorcycle Insurance Solved® with Budget Direct
Tailor your policy by choosing to insure your motorcycle for its market value or an amount we agree to.
We're here to help. If your motorcycle is involved in an accident and unsafe to ride, we can pay to have it recovered, towed, and stored.
We can replace your brand-new motorcycle if it's written off within the first two years of its original registration, subject to availability in Australia.
Ride easy knowing that we guarantee the quality of all authorised repairs for as long as you own the motorcycle.
We can cover up to $500 of personal effects that are being worn or stored in a locked compartment if they're damaged as a result of the incident.
If your motorcycle is stolen, we can get you back on the road. Our Motorcycle Insurance cover can reimburse your compact hire car costs for up to 14 days or $1,000.
Protect more than just your motorcycle. We can pay up to $1,000 for accidental collision damage to your motorcycle's trailer or sidecar.
If your key, proximity key or remote locking device is stolen, we can pay up to $1,000 for a replacement key to get you back in the saddle.
Terms, conditions, limits and exclusions apply. For full details, please read the Product Disclosure Statement.
Compare before you buy and choose the Motorcycle Insurance that's right for you. Not all benefits apply to all levels of cover.
Motorcycle Insurance Cover Options
Comprehensive Motorcycle Insurance covers loss or damage to your motorcycle as a result of an accident, theft, severe weather, vandalism, and fire; and your liability for accidental damage your motorcycle causes to other people’s property.
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Damage to someone else's property up to $20M
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Damage to your motorcycle
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Hire car following theft
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New motorcycle replacement
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Damage caused by an uninsured driver
This provides the same cover as Third Party Property Only, with extra protection against loss or damage to your motorcycle due to fire and theft.
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Damage to someone else's property up to $20M
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Damage to your motorcycle (fire and theft only)
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Hire car following theft
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Damage caused by an uninsured driver up to $5,000
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New motorcycle replacement
Third Party Motorcycle Insurance covers your liability for the accidental damage your motorcycle causes to other people’s property, including their vehicles and homes.
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Damage to someone else's property up to $20M
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Damage caused by an uninsured driver up to $5,000
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Damage to your motorcycle
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Hire car following theft
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New motorcycle replacement
Terms, conditions, limits and exclusions apply. Please read the Product Disclosure Statement (PDS) for full details on what’s covered by Budget Direct Motorcycle Insurance.
What's covered by Motorcycle Insurance?
Budget Direct Comprehensive Motorbike Insurance protects you against loss or damage to your motorcycle as a result of an insured event as well as legal liability for accidental damage your motorcycle causes to other people's property.
Our Comprehensive Motorcycle Insurance policies can cover:
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Damage to someone else's vehicle or property
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Loss or damage to your motorcycle
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Damaged caused by an uninsured driver
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Towing
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Hire car following theft
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New motorcycle replacement
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Replacement of stolen keys or remote
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Damage to your trailer or sidecar in a collision
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Emergency transport and accommodation
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Personal effects damaged either being worn or stored in a locked compartment of the motorcycle at the time of the incident
What’s not covered by Motorcycle Insurance?
Budget Direct Motorbike Insurance does not offer cover damage or loss in every circumstance. There are exclusions such as:
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Ridesharing or food delivery
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Racing, contests or rallies
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Unlawful use
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Tyre damage (caused by punctures, cuts or bursts)
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General wear and tear
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Unexplained or ongoing mechanical, structural or electrical malfunctions or breakdowns
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Using the wrong fuel
Terms, conditions, limits and exclusions apply. Please read the Product Disclosure Statement (PDS) for full details on what’s covered by Budget Direct Motorcycle Insurance.
Why Choose Budget Direct Motorcycle Insurance?
Budget Direct Motorcycle Insurance will make sure you're protected with our range of benefits including:
24/7 claims,
365 days a year
A lifetime
guarantee on
authorised repairs
Tailor-made
cover with
optional extras
and adjustable
excess
Rider Age
Restrictions to
reduce your
premium
More Reasons to Choose Budget Direct Motorcycle Insurance
Comprehensive customers can choose one or more of our four optional extras, including a hire car following an accident, and cover for their riding gear.
Depending on the value of your motorcycle, you may be able to increase your Basic Excess in return for a lower premium.
If you haven’t made a claim, you can cancel your policy within 21 days of the purchase date and receive a full refund of your premium.
You can pay your premium either monthly or annually, by credit card or direct debit from your bank account.
Upgrade Your Motorcycle Insurance Cover
The following Optional Benefits may be available for additional premium on Comprehensive Policies only.
If we accept your claim, we'll arrange a compact hire car for you to use while your motorcycle is being repaired for up to 14 days.
If we pay a claim for loss or damage to your motorcycle, we will also cover your and/or your pillion passenger’s helmet and riding gear (up to 10 years old) if they’re damaged as a result of the incident, up to the limit you choose of $1,000, $2,000, or $3,000.
If you have a claim with us, you can nominate your preferred repairer (subject to our approval).
Reduce your excess for damage to your motorcycle’s windshield to just $40.
How do I add an optional benefit to my policy?
You can add one or more of these benefits when you get a quote and buy a policy. If you’ve already bought one, you can add them by contacting us.
Terms, conditions, limits and exclusions apply. For full details, please read the Product Disclosure Statement.
If you need to make a claim, we’re here to help you get back on the road as quickly and smoothly as possible.
With Budget Direct, you can conveniently make a claim at any time of the day or night, 365 days a year by contacting us on 1300 306 560.
The information on this page is a summary only. For more details about Budget Direct Motorcycle insurance, including the terms, conditions, limits and exclusions that apply, please read the Product Disclosure Statement (PDS).
Motorcycle Insurance FAQs
Budget Direct offers three types of motorcycle insurance cover:
Comprehensive Motorcycle Insurance covers loss or damage to your motorcycle due to an accident (regardless of who's at fault), severe weather, fire, vandalism, and theft; and your liability for accidental damage your motorcycle causes to other people’s property (e.g. their vehicle or home).
Third Party Property Only Motorcycle Insurance covers your liability for accidental damage your motorcycle causes to other people’s property (e.g. their vehicle or home). It does not cover damage to your motorcycle (unless it’s damaged in a no-fault accident with an uninsured driver, and in this case, your motorcycle has limited cover).
Third Party Property, Fire and Theft Motorcycle Insurance provides the same protection as Third Party Property Only, plus cover for loss or damage to your motorcycle if it’s stolen or catches fire.
The type of cover you have is shown on your motorcycle insurance certificate.
With Budget Direct, you can insure your motorcycle for its market value or, in some cases, for an agreed value.
Market value is the value of the motorcycle at the time of loss or damage, taking into account factors such as the make, model, age, kilometres travelled and overall condition.
Agreed value is the amount we agree to insure your motorcycle for during each 12-month term of insurance. It includes any specified maximum value you have selected for additional accessories or modifications.
The value for which your motorcycle is covered is shown on your insurance certificate.
Comprehensive policyholders can add an optional ‘Choice of repairer’ benefit to their policy. An additional premium may apply.
If you’ve selected this option, you can nominate your preferred repairer when you lodge your claim.
We’ll ask you to provide us with photos of the damage and a quotation for the repairs, so we can determine whether:
the quotation is competitive, and
The proposed repair method is satisfactory.
If either of these criteria is not met, we may decide not to authorise the repairs and, instead offer you the option of:
having your motorcycle repaired by an alternative repairer chosen by us, or
paying you the reasonable cost to satisfactorily repair your motorcycle.
If the motorcycle is unsafe to ride, we will pay the cost to tow the motorcycle to your preferred repairer up to a maximum of 100 kilometres.
Note that, if we authorise your nominated repairer to undertake the repairs, we’ll guarantee the quality of the repairs. However, we’re not responsible for the time it takes to complete them.
Yes — repairs authorised by us are guaranteed for as long as you own the motorcycle.
A motorcycle insurance excess is the fixed amount you pay towards an at fault claim.
Depending on the circumstances of the incident that led to your claim, you may have to pay more than one excess: your Basic Excess plus any additional excesses that apply.
For example, if someone aged 24 years old causes an accident while riding your motorcycle, you’ll have to pay your Basic Excess (let’s assume it’s $600) plus an additional excess of $500 due to the rider’s age.
It means that, if the damage bill was $3,000, say, you would pay $1,100 and we would pay $1,900.
If you make a claim for damage only to your windshield, you’ll be required to pay a windshield-only excess.
Your Basic Excess, the additional excesses and windshield-only excess are shown on your insurance certificate.
If you make a claim, we’ll tell you which excesses apply and when and how to pay them.
You won’t have to pay an excess if the accident is deemed a no-fault accident.
