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Budget Direct Motorcycle Insurance Review
With hire car perks, choice of repairer and the option of agreed or market value, Budget Direct’s comprehensive policy has strong benefits at a decent price point.
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Our verdict
Pros
New customers get a 15% discount when buying online.
Optional benefits allow you to tailor cover to your needs.
Budget Direct is an affordable brand, with competitive cover.
Cons
Only $500 of personal effects are covered, while some brands offer up to $5,000.
Legal liability is capped at $20 million, but some competitors cover up to $30 million.
Roadside assistance isn't included, so you'll have to add standalone cover on top.
How does Budget Direct compare with other motorcycle insurers?
Budget Direct is a strong competitor in the motorcycle insurance space. While it's not the more premium, high-end brand, Budget Direct offers a decent range of benefits at a good price point.
Riders also have multiple customisation options so they can strengthen their policies if they want greater protection, bring the cost of their premium down by removing benefits, or simply tailor their policy to better suit their specific situation.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Our insurance experts got quotes from a range of popular motorcycle insurers for two motorcycle profiles. The below is based on the profile and model that we provided and should be used as a guide only. Your own quote will differ based on your personal circumstances.
Driver profile NSW based address, with postcode 2011 30 year old male Fully licensed No claims 25+ driver restriction
$7,000 bike 2022 Kawasaki Z400 400 cc Kept in a garage Private use only Up to 8,000kms per year
$29,000 bike 2023 BMW R 18 Transcontinental 1800 cc Kept in a garage Private use only Up to 8,000kms per year
Compare Budget Direct motorcycle insurance policies
What additional cover options are available
Budget Direct has a range of optional benefits that can be used to tailor your policy.
Accident Hire Car - Budget Direct will arrange and pay the daily cost for a hire car, if your bike is stolen or damaged, up to a maximum of $75 a day.
Riding Gear - Covers the cost of replacing riding gear - both for the rider and passenger - if it's less than 10 years old and was damaged in an accident.
Choice of Repairer - You can choose to nominate your preferred repairer, which may be a repairer from Budget Direct's repair network.
Reduced Windshield Excess - Reduces the 'Windshield only' excess where the only damage to the motorcycle is accidental damage to the windshield.
Nicola Middlemiss is a contributing writer at Finder, with a special interest in personal finance and insurance. Formerly a business and finance journalist, Nicola has written thousands of articles helping Australians better understand insurance and grow their personal wealth. She has contributed to a wide range of publications, including Domain, the Educator, Financy, Fundraising and Philanthropy, Insurance Business, MoneyMag, Mortgage Professional, Yahoo Finance, Your Investment Property, and Wealth Professional. Nicola has a Tier 1 General Insurance (General Advice) certification and a Bachelor's degree from the University of Leeds.
VIC riders have plenty of motorcycle insurance options to fit their riding style and to protect them from theft, property damage, natural disasters and more.
If you're living in the Sunshine State, you're exposed to unique risks that only a Queenslander could understand. Discover how to find the right motorcycle insurance for you in QLD with this handy guide.
This is a Finder review page, we’re not directly affiliated with Budget Direct. You’ll need to call them on 1300 306 560 to speak to a customer service agent.
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Can I please have a call back for quotes?
Hi Holly,
This is a Finder review page, we’re not directly affiliated with Budget Direct. You’ll need to call them on 1300 306 560 to speak to a customer service agent.
Hope this helps!