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 as a result of the damage, 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 brand new motorcycle is written off within two years of its original registration, we’ll replace it with a new one. If a replacement isn’t available in Australia, we’ll pay you the amount you originally paid for it.

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?

A wide range of aftermarket modifications are covered under our Comprehensive insurance. However, certain aftermarket modifications are not covered, such as:

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

When getting a quote and buying insurance, you’ll need to tell us the value of your modifications and accessories. If any circumstances change while you’re covered, you’ll just need to let us know as soon as possible, just so your coverage isn’t affected.

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 other additional excesses, which might apply if the rider:
    • is under 25 years of age inclusive
    • has not held a full Australian licence for two or more years
    • is not listed as a rider on your insurance certificate.

The dollar amounts of your Basic Excess and the additional excesses are shown on your Insurance Certificate.

Get a motorcycle insurance quote online