Motorcycle insurance Victoria
Get motorcycle insurance in Victoria for a new or used motorcycle.
Key takeaways
- Motorcycle CTP is compulsory in Victoria and included with your bike's registration.
- Match your cover level to your bike's value, considering factors like your age and parking.
- Compare specific features and look for online discounts to tailor your motorcycle insurance.
- Compulsory third party insurance (CTP). As the name implies, this is compulsory — you must have CTP to legally ride your motorbike in VIC and on Australian roads generally. For Victorians, CTP is included by default in your rego. So, if your bike has been registered then you already have CTP.
- Third party property damage insurance (TPPD). This cover is optional. It helps cover the cost of damage you cause to another person's vehicle or property while riding your motorcycle. It's a sensible pick if you've got a lower-value bike and are comfortable paying for your own repairs or replacement if something happens to it.
- Third party fire and theft insurance (TPFT). This cover is optional. It provides the same protection as third party property damage insurance, with added cover if your motorcycle is stolen or damaged by fire.
- Comprehensive insurance. This cover is optional. It combines the benefits of third party property damage and third party fire & theft, and also covers damage to your own motorcycle. It's a good choice if you have a high-value bike and prefer not to pay out of pocket for repairs or replacement.
Compare motorcycle insurance in Vic
5 of 12 results
Compare other products
How we picked these
5 of 9 results
Compare other products
How we picked these
5 of 10 results
Compare other products
How we picked these
The cost of motorcycle insurance in VIC
5 of 5 results
Compare other products
How we picked these
These quotes are accurate as of March 2026
What affects the cost of motorcycle insurance?
- Age: Younger riders often face higher premiums since insurers consider them a higher risk.
- Your motorcycle's engine power: Bikes with larger engines are generally more expensive to insure, as they cost more to repair and are seen as riskier on the road.
- The level of cover you choose: Comprehensive cover is typically the most expensive, but it can offer great value depending on your needs. For more affordable options, third party cover like third party property damage or third party fire & theft are worth considering.
- Your driving and claims history: If you've accumulated demerit points, insurers will view you as a higher risk, leading to increased premiums. Similarly, past claims often result in higher costs as well.
- Where you park: If you park your bike on the street, your premium will likely be higher. Storing it in a garage or carport could help reduce your costs.
- Loans: If your bike is financed or leased, it may cost more to insure.
- Your mileage: The more you ride, the higher your premium is likely to be, as more time on the road increases the risk.
Our expert says
"Knowing what level of cover to buy really comes down to the value of your bike and if you could afford to replace it if something happened to it. If you couldn't, or you'd be really mad about it, comprehensive cover is a safe bet. If your bike is lower value and you're not fussed by damages to it, a third party policy will likely do the trick for you."
FAQs
Sources
More resources on Finder
Ask a question
More guides on Finder
-
mi-bike motorcycle insurance review
Your guide to Mi-Bike motorcycle insurance.
-
Compare third party property damage (TPPD) motorcycle insurance
Your guide to getting third party motorcycle insurance.
-
Budget Direct Motorcycle Insurance Review
Budget Direct provides cheap motorcycle insurance options for Australians.
-
Compare third party fire & theft (TPFT) motorcycle insurance
Read on to see if Third Party Fire & Theft Motorcycle Insurance is right for you.
-
Motorcycle insurance QLD
Compare motorcycle insurance policies in Queensland.
-
Best motorcycle insurance Australia 2026
Want to know what to look for in order to find the best motorcycle insurance policy for you? Read on.
-
GIO Motorcycle Insurance Review
GIO Motorcycle Insurance is backed by a 24/7 claims service and provides three cover options: Comprehensive Motorcycle Insurance; Fire, Theft and Third Party Property Damage Motorcycle Insurance; and Third Party Property Damage Motorcycle Insurance.
-
NRMA Motorcycle Insurance review
NRMA ticks most of the basics, plus a few extra perks. It also offers optional-add ons for more customisation.
-
Youi motorcycle insurance
Youi aims to help its customers pay less for cover by tailoring policies to their specific needs. It offers 3 levels of motorcycle insurance cover – Comprehensive, Third Party Fire & Theft and Third Party Property Only – and underwrites its own policies.