Compare third party property damage (TPPD) motorcycle insurance

Compare third party property damage motorcycle insurance

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Product	Legal Liability	Fire and theft	Uninsured Motorist Damage	Agreed or Market Value	Roadside assistance
QBE Third Party Only Motorcycle Insurance	$30,000,000			Market		Get QuoteView details Compare	loading Fetching your data...
Youi Third Party Property Only Motorcycle Insurance	$20,000,000		$5,000	N/A		Protection against the cost of damage your motorcycle causes to third party property.	Get QuoteView details Compare	loading Fetching your data...
Budget Direct Third Party Property Only Motorcycle Insurance	$20,000,000		$5,000	N/A		Get QuoteView details Compare	loading Fetching your data...
AAMI Third Party Property Damage Motorcycle Insurance	$20,000,000		$5,000	N/A		View details Compare	loading Fetching your data...

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What is third party property damage motorcycle insurance?

This type of insurance covers you for damage you accidentally cause to someone else’s property — for example, if you hit someone’s Porsche with your motorcycle. This is known as legal liability cover, and most policies offer up to $20 million or $30 million in cover.
You won’t be covered for damage that occurs to your bike, like if there’s a bad storm or if it’s ruined in an accident. For that, you’ll need to get comprehensive motorcycle insurance.

How much does third party property damage motorcycle insurance cost?

The cost of insurance varies hugely based on your personal profile and the bike you ride. To give you an idea of costs, we got quotes from 5 popular motorcycle insurance brands. Keep in mind though, your own quote will likely differ and this should be used as a guide only.

Provider	Annual cost	Apply
	$178.12	Get quote
	$378.29	More info
	$146.33	More info
	$270.68	More info
	$232.92	More info

_{These quotes are accurate as of May 2025}

• How we got these quotes

  *Quotes were sourced on the following profile:

  • 30 years old, 5+ years licensed
  • Male
  • No finance
  • Private use of motorcycle
  • Adjusted excess to $500 where possible
  • Motorcycle is parked in a locked garage
  • Exclude drivers under 25

  • No additional driver
  • Start date of policy 9 May 2025
  • No discounts, no memberships, no add-ons
  • Drives 15,000km per year
  • Located in NSW, 2011
  • 2021 Yamaha MT-10A MY20 Sports

How does third party property damage insurance differ from other third party insurance?

There are three types of ‘third party’ motorcycle insurance. We’ve broken them down below.

Compulsory third party insurance (CTP)

This insurance is a legal requirement. In NSW and QLD, you must buy CTP before you can register your motorcycle. In other Australian states and territories, CTP is included in your registration, so if your motorcycle is registered, you’re already covered. This insurance protects you against costs if you injure someone in an accident—it covers people, not property.

Third party property damage insurance

This insurance covers the costs if you accidentally damage someone else’s property. For example, if you crash your bike into an expensive car and it costs thousands to fix, third party property damage cover takes care of it. This benefit is often called legal liability cover because it pays for damage you’re legally responsible for.

Third party fire and theft insurance

This includes everything third party property damage insurance does, plus protection for your bike if it’s damaged by fire or stolen.

Our expert says

"What a lot of people don’t realise about third party property damage insurance is that some policies include cover for damage that occurs if you’re in an accident with an uninsured motorist. Essentially, this means that if someone without insurance damages your motorcycle, you could be entitled to up to $5,000 worth of cover to help with the repairs. Not all third party policies offer this though so it’s important to compare policies."

Peta Taylor

Publisher of Insurance

FAQs

• Is third party motorcycle insurance worth it?

  In most cases, yes, but ultimately this is for you to decide. Personally, it makes me nervous to hit the road knowing that I’d be liable for any accidental damage I caused because that could be hundreds of thousands of dollars.

• Do motorbikes need CTP?

  Yes, all vehicles that drive or ride on Australian roads need CTP. If you’re in NSW or QLD, you’ll have to purchase CTP to be able to register your bike. If you’re anywhere else in Australia, CTP is part of your motorbike’s rego costs so if your bike is registered, you already have CTP cover.

Written by

Peta Taylor

Publisher of Insurance

Peta Taylor is a publisher at Finder, working across all of insurance. She's been analysing product disclosure statements and publishing articles for over 2 years. Peta is passionate about demystifying complex insurance products to help users make well educated decisions with confidence. Peta is part of Finder's insurance awards team and works alongside editorial and insights experts to bring users the best insurance products every year. See full bio