Market or agreed value

Insure your motorcycle for its market value or another amount we agree to.

Trailer or sidecar

We can pay for accidental collision damage to your motorcycle’s trailer or sidecar, up to $1,000.

Replacement keys

Replacement of your stolen key, proximity key or remote locking device, including recoding of locks, up to $1,000.

Flexible payments

Pay your premium monthly or annually, by direct debit from your bank account or by credit card.

Towing costs

If your damaged motorcycle is unsafe to ride, we can pay to have it recovered, towed and stored.

Guaranteed repairs

We guarantee the quality of all authorised repairs for as long as you own the motorcycle.

New motorcycle replacement

If your motorbike is written off within two years of its original registration, we can replace it with a new one.

Theft hire car

If your motorcycle is stolen, we can reimburse your hire-car costs, up to 14 days or $1,000.

Not all benefits apply to all levels of cover. Compare cover

Terms, conditions, limits and exclusions apply.
For full details, please read the Product Disclosure Statement.

Choose your cover

Comprehensive Motorcycle Insurance

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.

Third Party Property Insurance

Third Party Property Only Insurance

Covers your liability for the accidental damage your motorcycle causes to other people’s property, including their vehicles and homes.

Third Party, Fire and Theft Insurance

Third Party Property, Fire and Theft Insurance

Provides the same cover as Third Party Property Only, with extra protection against loss or damage to your motorcycle due to fire and theft.

Which type of motorcycle insurance do I need?

Compare our products and choose one that suits you.

More reasons to choose us

Optional extras

Comprehensive customers can choose one or more of four optional extras, including a hire car following an accident and cover for their riding gear.

Cooling-off period

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.

Adjustable excess

Depending on the value of your motorcycle, you may be able to increase your Basic Excess in return for a lower premium.

Find out more

The information on this page is a summary only. For all the terms, conditions, limits and exclusions, please read the Product Disclosure Statement.

How to make a claim

If you need to make a claim, we’re here to help you get back on the road as quickly and smoothly as possible. Make a claim on your motorcycle insurance policy.

Frequently asked questions

Which types of motorcycles does Budget Direct insure?

We insure a wide range of on-road and off-road motorcycles against accidental loss or damage, namely:

  • road bikes
  • scooters
  • cruisers
  • enduro motorbikes
  • sports bikes
  • dual-sport motorcycles.
Do you insure motorcycles used for business?

No — Budget Direct does not insure motorbikes used for business of any kind, including:

  • carrying passengers for payment
  • carrying or delivering other people’s goods for payment, whether as a contractor or otherwise (e.g. parcel or food delivery)
  • riding tuition for payment
  • hiring the motorcycle to other people.

We cover only motorbikes used privately, including for commuting to and from your home and regular place of work.

Does motorcycle insurance cover modifications?

Budget Direct covers all aftermarket modifications to your comprehensively insured motorcycle, except:

  • custom paintwork (excluding decals/stickers)
  • ECU (electronic control unit) remap or upgrade
  • frame or subframes
  • nitrous oxide kit
  • turbo or supercharged.

If your aftermarket modification is not listed and you’re unsure whether we’ll cover it, contact us and we’ll let you know.

When getting a quote and buying insurance, you’ll need to tell us about any modifications and accessories.

This will ensure you know what your policy does and does not cover.  

Which riders must be listed on my policy?

You must list any household members (including learner, provisional and occasional riders) who may ride the motorcycle. Unlisted household members will not be covered. 

Any non-household members who ride the bike are automatically covered. If you list them on your policy, you’ll avoid having to pay the unlisted rider excess (other excesses may apply). 

If I make an insurance claim, what will my excess be?

Unless you or another rider of your motorcycle have a no-fault accident, you’ll be required to pay:

  • your Basic Excess 

….as well as any additional excesses that apply, namely:

  • rider is under 24 years of age inclusive
  • rider has not held a full Australian licence for at least two years
  • rider is not listed on your insurance certificate.

The dollar amounts of your Basic Excess and the additional excesses are shown on your insurance certificate.

~This offer applies to new eligible Budget Direct Motorcycle quotes initiated through the Budget Direct website or call centre (1300 306 560) by 7 October 2020 10:00am. You will get one entry per eligible quote. You will receive an additional ten entries after you’ve purchased and held the Motorcycle Insurance policy continuously for 21 days and it remains valid as at the date of the draw. The promotion is not open to customers varying their Budget Direct policies. First Prize includes twelve months’ Registration (including CTP), Stamp Duty and a twelve (12) month Budget Direct Comprehensive Motorcycle Insurance Policy. To be eligible for this offer, you must meet Budget Direct’s underwriting criteria. See full T&Cs. Promoter: Auto & General Services Pty Ltd (ABN 61 003 617 909), PO Box 342, Toowong QLD 4066.
See full terms and conditions.

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