^ Online Discounts Terms & Conditions

  1. Discounts apply to the premium paid for a new Budget Direct Home & Contents, Home only, Contents only, Comprehensive, Third Party Property Only or Third Party Property, Fire & Theft Car Insurance policy, initiated online on or after 29 March 2017, and for a new Budget Direct Comprehensive, Third Party Property, Fire & Theft & Third Party Property only Motorcycle Insurance policy, initiated online on or after 4 June 2020 and for a new Pet Insurance policy, initiated online on or after 18 February 2021. This online discount does not apply to Roadside Assistance that is added to a Budget Direct Car Insurance policy.
  2. The new policy discount amount varies by product: 30% discount on combined Home & Contents Insurance (consisting of 15% discount for combining Home & Contents covers and 15% discount for policies initiated online), 15% for Home only or Contents only policies, 15% discount on Comprehensive, Third Party Property Only and Third Party Property, Fire & Theft Car or Motorcycle Insurance and 15% discount on Pet Insurance.
  3. A 15% discount applies to the premium paid for a new Budget Direct Travel Insurance policy initiated and purchased online on or after 22 February 2023.
  4. Discounts do not apply to any renewal offer of insurance.
  5. Discounts only apply to the insurance portion of the premium. Discounts are applied before government charges, taxes, levies and fees, including instalment processing fees (as applicable). The full extent of discounts may therefore be impacted.
  6. We reserve the right to change the offer without notice.

§ Life Insurance 1 Month Free Offer Terms and Conditions

Apply for cover and if issued, you’ll not start paying premiums until one month after the commencement date of the cover. This applies to any one or more Budget Direct Premium Life Direct cover types you take out. Offer available once only per new customer and may not be used in conjunction with any other offer. Only available whilst this campaign is current; we reserve the right to withdraw the offer without notice of withdrawal, and to change the offer.

‡ Standalone Roadside Assistance, 15% Online Discount Offer Terms & Conditions

  1. The 15% discount applies to the first year's membership fee paid for a new Budget Direct Standalone Roadside Assistance membership purchased online only, using the promotional code SOLVED15.
  2. This offer does not apply to Roadside Assistance that is added to a Budget Direct Car Insurance Policy.
  3. Offer is valid from 1 July 2021 and cannot be used in conjunction with any other offer.
  4. The 15% online discount does not apply to any renewal offer of membership.
  5. We reserve the right to change the offer without notice.

WIN 1 of 2 Triumph Motorcycles~

Get a quote and fill in the online entry form and a Triumph Speed Twin 1200 RS motorcycle could be yours!

Runners up will win 1 of 20 Triumph 25L Ultralite bags.

Find out more ~T&Cs apply

What's covered by third party motorcycle insurance?

Benefit Third Party Property Only Third Party Property, Fire and Theft
Collision damage to other people's property Up to $20 million including GST, (less applicable expenses) Up to $20 million including GST, (less applicable expenses)
Legal costs
Approved legal costs associated with a loss covered under your motorcycle insurance policy.

Damage caused by uninsured motorist

If the bike is involved in a 'no fault' accident with an uninsured vehicle we will cover your damage, recovery, towing and storage for your bike, up to $5,000. 		Up to your bike's market value or $5,000 (whichever is the lesser) Up to your bike's market value or $5,000 (whichever is the lesser)
Fire
Theft
Towing
Fire and theft only
Hire car following theft
Until your bike is returned or repaired, or up to 14 days (limit of $1,000)
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Terms, conditions, limits and exclusions apply. For full details, please read the Product Disclosure Statement.

(Third party property insurance, which is not mandatory, should not be confused with compulsory third party (CTP) insurance.)

More reasons to choose us

Guaranteed repairs

We guarantee the quality of authorised repairs to your motorcycle for as long as you own it. This guarantee covers materials and workmanship.

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.

Flexible payments

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

By paying annually instead of in monthly instalments, you’ll pay a lower premium and avoid instalment processing fees.

Adjustable excess

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

Want more cover?

Third party motorcycle insurance does not cover loss or damage to your motorbike due to:

  • Crash or collision
  • Severe weather (e.g. hail or flood)
  • Malicious acts

If you want protection against these incidents, you'll need to consider buying Comprehensive Motorcycle Insurance.

Frequently asked questions

How much can I insure my motorcycle for?

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.

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.

You need to tell us about any modifications, accessories and options when you purchase your policy, or afterwards if you make any changes to your motorcycle so they are covered.

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 through a credit card.

You can pay monthly or annually (the last option is the most economical).

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 21 years of age
  • rider is 21 to 24 years of age inclusive
  • rider has not held a full or open Australian motorcycle licence for 2 or more years
  • rider is not listed on your insurance certificate.

The dollar amount of your Basic Excess and any additional excesses are shown on your insurance certificate.

Do I have to pay an excess if the accident was not my fault?

No — you do not have to pay an excess if you have a no-fault accident with another vehicle.

A no-fault accident meets the following criteria:

  • we decide the driver of another vehicle (or another person) was entirely at fault, and
  • you tell us or we obtain the at-fault driver’s full name, address, and vehicle registration number.

See all motorcycle insurance FAQs

Get a motorcycle insurance quote online

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WIN 1 of 2 Triumph Motorcycles Disclaimer

~Subject to the Terms and Conditions, the Promoter is giving Eligible Entrants the chance to win one (1) of two (2) Triumph Motorcycles or one (1) of twenty (20) Triumph Ultralite bags when they complete a quote and online entry form (max 5 entries per Prize Period) and/or purchase a new Budget Direct Motorcycle Insurance policy via the quote (10 entries each policy, unlimited for each Prize Period) (Promotion). Entrants must be 18 years of age or older and use a valid email address to be eligible. The policy must be held continuously for 21 days from the purchase date to qualify for the 10 entries. The Promotion commences at 12:01am AEST on 5th November 2025 and ends at 11:59pm AEST on 24th June 2026 (Promotion Period). The winner will be notified via email within two (2) business days. Entrants may enter both draws during both Prize Periods, entry into one draw does not automatically create an entry into the other draw. Promotion is not open to customers renewing or varying their existing Budget Direct Motorcycle policies. Employees of the promoter and their immediate families are ineligible to enter the promotion. Eligibility and participation criteria apply. See full Terms and Conditions. Promoter: Auto & General Services Pty Ltd ABN 61 003 617 909, PO Box 342 Toowong QLD 4066. NSW Authority Number: NTP/14812, ACT Permit No: TP 25/02545, SA Licence No: T25/1913