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Compare motorcycle insurance

Easily compare motorcycle insurance policies – we’ve reviewed 300 features to take the hard work out of your comparison.

QBE Comprehensive Motorcycle Insurance

QBE Comprehensive Motorcycle Insurance logo image
Promoted
  • Offers a price-beat guarantee*
  • Competitive cover limits
  • Lifetime guarantee on repairs
Get Quote
T&Cs apply.

Comparing motorcycle insurance

To help you compare motorcycle insurance, our insurance team did an analysis of some of Australia's most popular motorbike insurance policies. We analysed the comprehensiveness of each policy, from the basics to roadside assistance, riding gear cover and more.

Remember, what's best for you will differ from person to person so it's always best to do your research.

Why you can trust our research

15

motorcycle policies analysed

300

features analysed

10+

hours of research

Compare motorcycle insurance

1 - 6 of 33
Name Product Accidental damage Roadside assistance Fire and theft Agreed or market value
QBE Comprehensive Motorcycle Insurance
Agreed or Market
Finder's summary: QBE won our Green Insurer of the Year Award, and offers a great price-beat guarantee. Budget friendly and environmentally friendly.

⭐ Current offer: QBE guarantees to beat any price offered by their competitors for comprehensive motorcycle insurance for new customers. T&Cs apply.

Who it might be good for: Anyone on a budget who still wants good-quality cover.
Youi Comprehensive Motorcycle Insurance
Agreed or Market
Finder's summary: Youi has earned a reputation for great customer service and offers 24/7 roadside assistance as standard. This is typically an optional extra.

Who it might be good for: People who value a good customer experience and want the ability to customise their policy.
Budget Direct Comprehensive Motorcycle Insurance
Agreed or Market
⭐ Current offer: Get a quote now for your chance to win 1 of 2 Triumph Motorcycles. T&Cs apply.
AAMI Comprehensive Motorcycle Insurance
Agreed
Finder's summary: AAMI’s comprehensive motorcycle insurance policy covers more than some of its competitors with the inclusion of riding apparel as standard. For further coverage, more options to customise cover are available.

⭐ Current offer: $25 off when you buy online.

Who it might be good for: With a paperless claims process, AAMI could be good if you’re keen to manage everything online.
GIO Comprehensive Motorcycle Insurance
Market
Finder's summary: GIO offers more than some of its competitors with choice of repairer as standard in the comprehensive policy. This is typically an optional extra.

Who it might be good for: Riders who want the convenience of choosing their own repairer.
National Motorcycle Insurance Comprehensive
National Motorcycle Insurance Comprehensive
Both
Finder's summary: As a specialist motorcycle insurance company, National Motorcycle caters to both on and off road bikes.

Who it might be good for: Bike owners who don’t want cover for any personal belongings.
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Cheapest motorcycle insurers

The cost of motorcycle insurance varies between providers and your cost will depend on your personal circumstances, the below should be used as a guide only.

ProvidersAnnual Cost
QBE Logo
$681.95
Budget direct logo$804.37
NRMA logo
$1,005.71
 National Motorcycle Insurance Comprehensive Logo$1,088.96
AAMI insurance$1,583.00

Editor's pick - December 2023

QBE mototrcycle insuranceGet a quote

What we like about QBE motorcycle insurance:

  • It offers a price-beat guarantee.*
  • You can choose to insure your motorbike for agreed or market value. Some insurers only offer one or the other.
  • It has competitively high coverage limits, for example, it includes cover for up to $4,000 for riding gear. Other insurers cover much less.

*T&Cs apply

QBE's comprehensive motorcycle insurance covers a range of risks, from theft to accidental damages. Plus, your riding gear is covered.
  • Thorough coverage is available at a competitive price, especially with the price-beat guarantee.
  • A 10% discount can apply to your premium if you're part of a QBE approved motorcycle club.
  • It offers comparatively high cover limits for key replacements at $1,500. Other insurers, like AAMI, don't include this at all.
  • Personal items aren't covered.
  • There is no option to include roadside assistance.
  • Choice of repairer is not available.
BenefitValue
Roadside assistance
Accidental Damage
Storm
New motorcycle replacementYes
Key replacement$1,500
Trailer Cover$750
Motorcycle apparel$4,000
Choice of repairer

What are the main types of motorcycle insurance?

Personal accident

Compulsory third party (CTP)

CTP cover is a legal requirement – you must have it to register your motorcycle in Australia. It protects riders for personal injuries caused by your motorbike after an at-fault accident and compensates those who are injured.

It won't cover you for repair costs for your motorcycle or other peoples' vehicles or property.

Motorcycle hits car

Third party property

The most basic optional insurance. Third party cover offers a bit more peace of mind as it covers the cost of damages caused by your motorcycle to others' property. It'll also pay your legal costs if you get sued for any damages you've caused.

However, third party property won't cover costs for the repair or replacement of your own motorcycle.

Motorcycle parking

Third party, fire and theft

In addition to the cover offered by third party property damage, it'll also cover any damages to your bike from fire or theft.

This type of cover doesn't include the cost of repairs to your bike if it's involved in a traffic accident.

Comprehensive motorcycle

Comprehensive

The highest level of cover available. Comprehensive insurance will cover most accidental damage, whether or not you're at-fault, plus natural disasters such as storms, floods, hail and even earthquakes. It also covers you for theft, vandalism, third party property damage and damage caused by uninsured drivers.

Comprehensive cover can replace your motorbike if it's written off within a set time period after being registered. It can also cover you for accidents if the rider of the bike isn't a nominated driver.

What does motorcycle insurance cover?

Here's what is typically covered by the 3 key types of motorcycle insurance:

FeatureComprehensiveThird party, fire and theftThird party property
Accidental Damage
  • Yes
  • No
  • No
Intentional Damage
  • Yes
  • No
  • No
Storm or Flood
  • Yes
  • No
  • No
Fire
  • Yes
  • Yes
  • No
Theft
  • Yes
  • Yes
  • No
Earthquake
  • Yes
  • Yes
  • No
Emergency Accommodation Transport and Repairs
  • Yes
  • Yes
  • Yes
Legal Liability
  • Yes
  • Yes
  • No
Towing Cost
  • Yes
  • Yes
  • No
Locks and Keys
  • Yes
  • Yes
  • No
Riding Gear
  • Yes
  • Yes
  • No
Personalised Registration Plates
  • Yes
  • Yes
  • Yes
Maritime Liability
  • Yes
  • Yes
  • Yes

What else should I look for in a policy?

Here are some features that you can get with a motorcycle insurance policy:

Helmet

Helmet and riding gear cover

Your riding leathers, helmet and other gear can be expensive. A lot of policies can cover theft or damage of helmets and riding gear.

Mechanic

Choice of repairer

If you have a preferred mechanic you want to use, you'll often need to pay a little extra for your own choice of repairer.

Agreed vs market value

Agreed or market value.

If market value isn't a fair reflection of your bike's true worth, for example if you need insurance for a modified motorcycle, you might want to look for policies that offer agreed value as an option.

Motorbike

New replacement

If a relatively new motorcycle is written off following an insured event, you might be able to get a brand new equivalent replacement. There's usually a time limit of 2 years for this feature.

car keys

Keys and locks

This provides cover for the cost of re-keying or re-coding locks if your keys are stolen, often up to around $1,000.

How can I lower the cost of my motorcycle insurance?

To be eligible for lower premiums, you could:

  • Secure your motorcycle. You'll often get lower premiums if you can keep your bike in a secure lock-up or a garage at night. Also, installing an alarm or immobiliser can also help.
  • Pay premiums annually. Many insurers will charge less overall for premiums paid annually rather than month-to-month. Comparing motorcycle insurance quotes on a regular basis is also a good idea.
  • Ride safely. Having fewer claims will mean you are in a better position for cheaper motorcycle insurance. Those with motorcycle qualifications may also be able to score savings.
  • Look for discounts. You may be entitled to a range of savings, such as loyalty bonuses or discounts for buying your policy online, multi-policy discounts and more.
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