{"menuItems":[{"label":"Need motorcycle insurance? Start your search here","anchorName":"#comparison-table"},{"label":"What does third party property motorcycle insurance cover you for?","anchorName":"#what-does-third-party-property-motorcycle-insurance-cover-you-for"},{"label":"What's the difference between third party property and other insurance types?","anchorName":"#what-s-the-difference-between-third-party-property-and-other-insurance-types"},{"label":"How much does third party property motorcycle insurance cost?","anchorName":"#how-much-does-third-party-property-motorcycle-insurance-cost"},{"label":"What kind of exclusions should I be aware of?","anchorName":"#what-kind-of-exclusions-should-i-be-aware-of"}]}
Not sure if you really need comprehensive cover for your motorcycle? Consider insulating yourself against the very worst misfortunes with a third party policy instead. If you don’t need much but aren’t willing to go out without some protection, this is for you.
Need motorcycle insurance? Start your search here
1 - 4 of 14
What does third party property motorcycle insurance cover you for?
Third party insurance will pay the bills for any damage your motorcycle causes in an accident or collision, including things like medical costs and repair or replacement bills for other people’s property. Usually, this legal liability applies up to some limit (generally $20 million).
Some third party plans include extra cover for other things, such as:
Fire and storm damage
Reimbursement for theft
Riding gear cover
Lock and key replacement
Towing costs and emergency accommodation
What's the difference between third party property and other insurance types?
Third party motorcycle insurance does not pay for any damage your own motorcycle sustains in an accident. This sets it apart from something like a comprehensive policy, which allows you to have your bike repaired or even replaced for much less after a collision.
Essentially, third party insurance only covers damage from third parties – anything which doesn’t involve you. If you had anything to do with the incident, third party insurance won’t help you out.
How much does third party property motorcycle insurance cost?
As always, when it comes to determining the price of a third party policy, insurers take a number of different factors into account to decide your individual risk. Here are a few questions worth asking before taking out a policy.
How well do you drive? The cleaner your driving history and the fewer accidents you’ve been involved in, the less risk you pose to an insurer.
How safe is your motorcycle when not in use? If you keep your motorcycle securely locked in a garage when you’re not driving it, there’s much less chance of it being stolen or damaged.
What type of motorcycle is it? Certain motorcycles cost more to insure. The smaller the engine, the less dangerous the vehicle and therefore the cheaper the premiums. The age of the vehicle can also be important.
What excess are you aiming for? With most policies, raising the excess you pay per incident will drive down the ongoing cost of a policy. Choosing to pay it annually rather than monthly or fortnightly can often help, too.
What kind of exclusions should I be aware of?
Here are some general exclusions that will apply to most third party insurance policies. Your motorcycle won’t be covered:
If involved in illegal activities. This could involve transporting forbidden goods or otherwise breaking the law. This applies even if you were allowing someone else to use your vehicle at the time.
If it’s natural wear and tear or damage from neglect. When mould and rust go to town on your motorcycle or you’ve been skimping on maintenance, insurers may refuse to pay up.
From the effects of a breakdown. Mechanical and electronic failures aren’t covered.
For damage to your own property. If your motorcycle damages anything owned by you or your family, you won’t be reimbursed.
When ridden by an unfit driver. This could mean that the rider doesn’t have a valid or current licence, or that they’re under the influence of drugs or alcohol at the time of the incident.
If it’s being driven recklessly. Using your motorcycle for motorsport, races or just using it in a dangerous manner could result in the rejection of your claim.
When modified without authorisation. If you’ve made changes to your motorcycle or used special lubricants or fuel not agreed to by your insurer, they could use that as a basis for refusal.
When being driven in an unsafe condition. Whether you have too many people riding at once, too much stuff loaded onto it or have just failed to make sure it’s roadworthy, you might end up out of luck when it comes time to claim.
Why you can trust Finder's car insurance experts
We're free
You pay the same as buying directly from the car insurer. Better still, we regularly run exclusive deals that you won't find on any other site – plus, our tables make it easy to compare policies.
We're experts
Our team of car insurance experts have researched and rated dozens of policies as part of our Finder Awards and published 330+ guides to make it easier for you to compare.
We're independent
Unlike other comparison sites, we're not owned by an insurer. That means our opinions are our own and we work with lots of car insurance brands, making it easier for you to find a good deal.
We're here to help
Since 2014, we've helped 300,000+ people find car insurance by explaining your cover options, simply and clearly. We'll never ask for your number or email. We're here to help you make a decision.
Alexandra Koster is Finder's publisher for car, home and pet insurance. She has a Tier 1 certification in General Insurance, as well as a Bachelor of Arts in Film and Cultural Studies from the University of Sydney. Her hobbies include reading Product Disclosure Statements and deciphering complicated insurance lingo to help people save on their insurance so that they can spend their money on better things – like dogs.
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.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We are committed to our readers and stands by our editorial principles
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.
Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan and read any disclosure documents (such as any Target Market Determination (TMD) and/or Product Disclosure Statement (PDS)) issued by the provider before making a decision.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
