Compare estimates from Australian motorcycle insurance providers side-by-side. Find cover for your road bike, cruiser, sports bike, or adventure tourer. 100% free.
How motorcycle insurance works in Australia and why every rider should have cover beyond CTP.
Motorcycle insurance protects you financially if your bike is damaged, stolen, or if you cause damage to someone else's property. While CTP (Compulsory Third Party) insurance is mandatory for all registered motorcycles in Australia, CTP only covers personal injury to other road users. It does not cover damage to your motorcycle, your riding gear, or other people's vehicles and property.
Without additional motorcycle insurance, you carry full financial responsibility for any property damage arising from an accident. A single at-fault collision could leave you with repair bills running into tens of thousands of dollars. For information on your obligations as a policyholder, see MoneySmart's car insurance guide, which also applies to motorcycles.
Riders face distinct risks compared to car drivers. Motorcycles are frequently targeted by thieves, are more exposed to weather and road hazards, and riders are statistically at greater risk of being involved in an accident. A full set of quality riding gear - helmet, jacket, pants, boots, and gloves - can easily cost $2,000 to $6,000+, and many comprehensive policies provide gear cover.
When selecting comprehensive cover, you will generally choose between agreed value and market value. Agreed value fixes a payout amount at the start of the policy, which is especially useful for modified or rare bikes. Market value means the insurer pays what the bike is worth at the time of a claim.
For general guidance on insurance products in Australia, visit the Australian Securities and Investments Commission (ASIC) website.
Important: Motorcycles are among the most stolen vehicles in Australia. Even a basic Third Party Fire & Theft policy (from around $250/year) guards against theft while also covering damage you cause to other people's property.
Three main levels of voluntary motorcycle insurance are available to Australian riders, in addition to mandatory CTP.
Covers damage you cause to other people's vehicles or property. Your own bike is not covered for any damage, theft, or fire.
Adds protection for your bike if stolen or damaged by fire, on top of third party property cover. A popular mid-range choice.
Full protection for your bike and other people's property. Covers accidents, theft, fire, storm damage, vandalism, and may include riding gear.
A detailed look at the most widely used motorcycle insurance providers across Australia.
Swann Insurance is one of Australia's leading motorcycle insurance specialists. They offer tailored policies with riding gear cover, agreed value options, and new bike replacement for comprehensive policyholders.
Shannons is a well-known Australian insurer for motoring enthusiasts. They cover a wide range of motorcycles including classic, vintage, and performance bikes, with agreed value as standard on comprehensive policies.
QBE provides motorcycle insurance with comprehensive, third party fire and theft, and third party property damage options. Known for competitive pricing and flexible excess structures.
AAMI is one of Australia's most recognised insurance brands. Their motorcycle insurance includes a no-claims bonus discount, multi-policy savings, and an easy online claims process.
Allianz offers motorcycle cover with all three levels of protection. They provide agreed value on comprehensive policies and cover for accessories and riding gear up to nominated limits.
Youi uses a personalised pricing model that factors in how you ride and store your motorcycle. This approach can reward low-risk riders with lower premiums.
The best policy for you depends on your bike, how you ride, and the level of financial risk you are comfortable with.
A side-by-side comparison of providers offering motorcycle insurance in Australia.
| Provider | Cover Types | Online Quotes | Best For |
|---|---|---|---|
| Swann Insurance | Comp, TPFT, TP | ✓ | Motorcycle specialist |
| Shannons | Comp, TPFT | ✓ | Enthusiast bikes |
| QBE | Comp, TPFT, TP | ✓ | Competitive pricing |
| AAMI | Comp, TPFT, TP | ✓ | All-rounder |
| Allianz | Comp, TPFT, TP | ✓ | Multi-policy |
| Youi | Comp, TPFT, TP | ✓ | Personalised pricing |
Disclaimer: Features and cover options may change. Always verify details directly with the provider before purchasing. If you have noticed something incorrect, please let us know.
A breakdown of what each level of motorcycle insurance typically includes in Australia.
| Feature | Third Party | TPFT | Comprehensive |
|---|---|---|---|
| Damage to other people's property | ✓ | ✓ | ✓ |
| Theft of your motorcycle | ✗ | ✓ | ✓ |
| Fire damage to your motorcycle | ✗ | ✓ | ✓ |
| Accidental damage to your motorcycle | ✗ | ✗ | ✓ |
| Storm & natural disaster damage | ✗ | ✗ | ✓ |
| Vandalism | ✗ | ✗ | ✓ |
| Riding gear cover | ✗ | ✗ | Some policies |
| Accessories & modifications | ✗ | ✗ | If declared |
What motorcycle insurance typically does not cover in Australia.
Almost all standard policies exclude racing, competition, and track day use. Certain providers sell separate track day cover as an optional extra. Always confirm before heading to the circuit.
Claims will be declined if the rider does not hold a valid motorcycle licence for the class of bike, or if a learner or provisional rider breaches their licence conditions, including LAMS restrictions.
Aftermarket changes such as exhaust systems, engine tuning, or suspension upgrades that have not been disclosed to the insurer may void your cover. Always inform your insurer of modifications when purchasing or renewing.
Riding while affected by alcohol or drugs will void your cover. If your blood alcohol concentration exceeds the legal limit at the time of an incident, your claim will almost certainly be refused.
Insurance does not cover mechanical or electrical failures. Wear and tear is also excluded. Extended warranty or mechanical breakdown insurance is available separately for these situations.
Certain policies do not cover off-road riding unless the motorcycle is registered for both on-road and off-road use. Review your PDS if you regularly ride trails, fire roads, or unsealed surfaces.
The primary factors Australian insurers use when calculating your premium.
Sports bikes and high-powered machines attract higher premiums due to elevated accident statistics. A 1000cc supersport can cost 2 - 3 times more to insure than a 300cc commuter. LAMS-approved bikes are typically the cheapest to cover.
Riders under 25 pay considerably more. Holding a full licence for several years with a claims-free record leads to significantly lower premiums.
Metro areas like Sydney and Melbourne attract higher premiums due to increased theft and accident rates. Regional and rural areas may offer lower premiums, though this varies by postcode.
Storing your bike in a locked garage, using disc locks or chains, fitting an alarm, or installing a GPS tracker can all help lower your premium. How and where you park your bike overnight matters significantly.
Most Australian insurers offer up to 60 - 65% discount after 5+ claim-free years. A single at-fault claim can reset your discount, although NCB protection may be available for an extra cost.
Daily commuters generally pay more than weekend-only riders. Some insurers provide limited-use discounts if you ride below a set number of kilometres each year.
Indicative annual comprehensive premiums by motorcycle type for a rider aged 30 - 50 with a clean record in Australia.
Disclaimer: These figures are indicative estimates based on publicly available data and general market observations as of early 2026. Actual premiums will vary depending on your specific circumstances. These are not quotes.
Practical approaches to reducing your motorcycle insurance premium in Australia.
Premiums differ significantly between providers. Collecting 3 - 4 estimates takes only a few minutes and could save you hundreds per year.
Opting for a higher voluntary excess brings down your premium. Just make sure you can comfortably cover the excess if you need to claim.
Disc locks, heavy-duty chains, alarms, and GPS trackers can all reduce your premium. Storing the bike in a locked garage helps even more.
Monthly payments usually include fees and interest that add 5 - 10% to the total cost. Paying upfront for the full year saves money.
A discount of up to 65% is available after 5+ claim-free years. Think carefully about whether small claims are worth the impact on your NCB.
Many Australian insurers offer multi-policy discounts when you hold motorcycle, car, home, or contents insurance together.
Restricting your policy to named riders only (rather than any rider) can reduce your premium, especially if all listed riders are over 25.
If your bike is worth under $3,000, Third Party Fire & Theft may be a more cost-effective option than comprehensive cover.
How to switch motorcycle insurance providers and what to review at renewal time.
Begin comparing estimates from other providers 2 - 4 weeks before your renewal date. Have your current policy details on hand for accurate comparisons.
Make sure you are comparing the same level of cover, excess amounts, and agreed/market value. Check that riding gear cover and accessories are included if you require them.
Arrange the new policy to start on the same day your current one expires. Avoid any gap in cover - even a single day uninsured is a risk.
Contact your current insurer to cancel. Most policies can be cancelled at any time without penalty. Confirm your no-claims bonus transfer in writing.
Steps to follow if you need to lodge a claim on your motorcycle insurance.
Move to a safe location. Call 000 if anyone is injured or if there is a dangerous situation. For non-emergencies, contact police through your local station or Policelink.
Photograph all damage, the scene, and any other vehicles involved. Collect contact and insurance details from all other parties.
Lodge your claim as soon as possible. Most insurers provide 24/7 claims lines and online claim forms for convenience.
An assessor will inspect the damage. Your insurer will let you know whether the bike will be repaired or declared a total loss.
Once the claim is approved, repairs are arranged or a payout is made. You pay your excess. Keep records of all communications with your insurer.
Key factors that shape motorcycle insurance across Australia's states and territories.
What to review in your motorcycle insurance PDS before committing to a policy.
The PDS sets out exactly which events and types of damage are covered. For motorcycle insurance, confirm whether riding gear, accessories, and pillion-related incidents are included.
Look for exclusions specific to motorcycles: track days, racing, off-road use, unlicensed riders, and undisclosed modifications are common items to check carefully.
Review the standard excess, any age-related excess (under 25), the voluntary excess you have selected, and whether natural disaster claims carry a separate excess amount.
The PDS outlines how to lodge a claim, the timeframes involved, and what documentation you will need. Familiarising yourself with this before you need it saves time during a stressful situation. For dispute resolution, the Australian Financial Complaints Authority (AFCA) handles insurance complaints.
Common questions about motorcycle insurance in Australia.
Find insurance information specific to your motorcycle's make. Compare cover options, popular models, and estimated premiums for every major brand sold in Australia.
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