What’s covered by Comprehensive Motorcycle Insurance?

Loss or damage to your motorcycle

Cost of repairing or replacing your motorbike due to collision or crash, vandalism, theft, attempted theft, fire, storm, hail, and flood.

New motorcycle replacement

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

Damage to other people’s property

Up to $20 million of legal liability cover for the accidental damage your motorcycle causes to other people’s property, including their vehicles.

Replacement keys

Replacement and/or recoding of your motorcycle key, remote locking device or proximity key if it’s stolen and not recovered, up to $1,000.

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

Upgrade your Comprehensive cover

For an additional premium, you can add one or more of these optional benefits to your policy:

Accident hire car

Get a compact hire car for up to 14 days, while your motorbike is being repaired, if it’s damaged in an accident. (You’re already covered for a hire car if your bike is stolen.)

Riding gear

Repair or replacement of your and/or your pillion passenger’s helmet and riding gear (up to 10 years old) if they’re damaged in an accident, up to $1,000, $2,000, or $3,000.

Choice of repairer

If you have a claim with us, you can nominate your preferred repairer (subject to our approval).

Reduced windshield excess

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.

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

How much can I insure my motorcycle for?

With Budget Direct, you can insure your motorbike for its market value or, in some cases, for an agreed value. 

Market value is the reasonable cost to replace your bike with one of the same make, model, age, and condition as at the time of the loss or damage. 

Agreed value is the amount we agree to insure your bike for during each 12-month term of insurance. 

The value for which your bike is covered is shown on your insurance certificate.

Does motorcycle insurance cover a hire car?

If you’re a Comprehensive or Third Party Property, Fire and Theft policyholder and your motorcycle is stolen and we pay your claim, we’ll reimburse you the reasonable cost to hire a compact hire car for up to 14 days, up to $1,000. 

For an additional premium, Comprehensive policyholders can add an optional ‘Accident hire car’ benefit to their policy. 

If we pay your claim, we’ll arrange for a compact hire car for you to use until your bike is repaired or your claim is paid, up to 14 days.

You can add this benefit when you get a quote and buy a policy. If you’ve already bought one, you can add it by calling us on 1300 306 560.

Does my cover include a new-bike replacement?

If you purchased your comprehensively insured motorbike new or as a demo model and it becomes a total loss within two years of its original registration, Budget Direct will give you a new-bike replacement.

We’ll replace your bike with a new one of the same make, model and specification. (If one is not available in Australia, we’ll pay you the amount for which your bike is insured.)

We’ll also pay the cost of the new bike’s first 12 months of registration and compulsory third-party insurance.

This benefit applies only to motorcycles that had no unrepaired accident or hail damage prior to us insuring it.

Can I choose my own repairer?

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:

  • have your motorbike repaired by an alternative repairer chosen by us, or
  • pay you the reasonable cost to satisfactorily repair your bike, as determined by us.

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.

Do you guarantee repairs to my motorbike?

Yes — repairs authorised by us are guaranteed for as long as you own the motorcycle. 

This guarantee covers materials and workmanship.

Get a motorcycle insurance quote online