Do you offer any optional extras?

For an additional premium, you can add one or more of the following optional benefits to your Comprehensive Motorcycle Insurance policy:

  • Accident hire car
    Get a compact hire car if your motorbike is damaged in an accident, up to 14 days. (You’re already covered for a compact hire car if your bike is stolen.)
  • Riding gear
    Repair or replacement of your and/or your pillion passenger’s helmet and other riding gear (up to 10 years old) if they’re damaged in an accident, up to a nominated amount of either $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 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.

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). 

How can I pay for my motorcycle insurance?

You can pay your Budget Direct motorcycle insurance premium by direct debit from your bank account or by credit card.

You can pay monthly or annually (the last option is the most economical, as you’ll pay a lower premium and avoid administration fees).

Can I insure multiple motorcycles?

You will need a separate policy for each of your motorcycles. To help make managing multiple policies simpler, you can link them in your online account.

Can I insure a motorcycle without a licence?

No, you will need a valid motorcycle licence to be a policy holder. Also, anyone else that happens to ride your motorcycle will need a valid licence too.

When does my Motorcycle Insurance take effect?

Your Budget Direct Motorcycle Insurance policy is active from the day you buy it (unless you’ve chosen a later date for your cover to begin).