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Updated April 2026

Honda Motorcycle Insurance in Australia

Compare Honda motorcycle insurance estimates from leading Australian providers. Whether you ride a CB300R, Africa Twin, Gold Wing, or Rebel 500, find comprehensive, third party, or fire & theft cover that suits your riding style and budget.

Last reviewed: 12 April 2026
Popular Choice Featured Provider

Swann Insurance

4.2 / 5

Swann Insurance is Australia's dedicated motorcycle insurance specialist, offering purpose-built policies for Honda riders at every experience level. From LAMS-approved learner bikes through to heavyweight tourers, Swann provides cover tailored specifically for riders.

Dedicated motorcycle specialist
LAMS-friendly policies available
Agreed value cover offered
Riding gear and accessories protection
Multi-bike discount options
Australian-based claims handling
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Honda Motorcycle Insurance in Australia - What You Need to Know

Honda remains one of the top-selling motorcycle brands on Australian roads, with a model range stretching from entry-level LAMS machines to the iconic Gold Wing tourer. With roughly 870,000 registered motorcycles in Australia, Honda consistently accounts for a significant share of that total.

Insuring a Honda in Australia is typically straightforward and cost-effective. Parts supply through Honda's extensive Australian dealer network keeps repair bills competitive, and the sheer popularity of Honda models gives insurers a deep pool of claims data to price policies accurately. Entry-level bikes such as the CB300R and Rebel 500 sit among the least expensive motorcycles to insure nationwide.

All major Australian motorcycle insurers cover Honda, including specialist provider Swann Insurance, enthusiast-focused Shannons, and mainstream insurers QBE and AAMI. Regardless of whether you hold a learner permit or a full licence, competitive options are available.

Honda's well-documented dependability also works in your favour when it comes to premiums - fewer breakdowns and warranty claims translate to a favourable risk profile. Keep in mind that CTP insurance (also called a green slip in NSW) is compulsory for every registered motorcycle in Australia and is separate from your comprehensive or third party policy.

Why Honda Motorcycles Are Cost-Effective to Insure in Australia

  • Extensive model lineup: Honda sells everything from 125cc commuters to the Gold Wing, so there is a Honda and an insurance tier suited to virtually every Australian rider
  • Parts accessibility: Honda's nationwide dealer footprint ensures parts are readily sourced, helping to keep repair costs and insurance premiums in check
  • Proven dependability: Honda motorcycles carry a strong reliability reputation, which can contribute to fewer claims and more favourable premium pricing
  • LAMS approved options: Multiple Honda models meet LAMS requirements across Australian states, offering affordable insurance pathways for newer riders
  • Solid resale values: Honda bikes retain their value well in the Australian market, making agreed-value cover a sensible and competitively priced choice
  • Modern safety technology: Most current Honda models ship with ABS and traction control as standard equipment, features that many insurers view positively when calculating premiums

Honda Insurance Costs by Model

Estimated annual comprehensive insurance costs for popular Honda motorcycle models in Australia. Based on a 35-year-old rider with a clean record and full licence in Sydney.

Model Type Approx. Value (Used) Est. Comprehensive/yr Insurance Group Notes
Honda CB300R Naked / Learner $7,500-$9,500 $350-$600 Low One of the most popular LAMS-approved bikes in Australia. Consistently among the cheapest motorcycles to insure.
Honda CB500F Naked $9,500-$13,500 $400-$650 Low A versatile middleweight that qualifies under LAMS in most states. Insurance costs remain very manageable.
Honda CB650R Naked $14,000-$18,000 $500-$800 Low-Mid Neo-sports cafe styling with a smooth inline-four. Sits in a moderate insurance bracket for its class.
Honda CBR600RR Supersport $16,000-$24,000 $700-$1,200 Mid-High Supersport classification pushes premiums higher due to performance rating and historical claims data for sport bikes.
Honda Africa Twin Adventure $22,000-$32,000 $550-$950 Mid Hugely popular adventure tourer in Australia. Moderate premiums thanks to its touring orientation and mature rider base.
Honda Gold Wing Touring $42,000-$58,000 $750-$1,300 Mid Honda's flagship tourer carries a high replacement value, but its experienced rider demographic helps moderate premiums.
Honda Rebel 500 Cruiser / Learner $9,500-$13,500 $400-$650 Low LAMS-approved cruiser with strong appeal among new riders. Low premiums and straightforward to insure.

Disclaimer: All figures shown are indicative estimates drawn from publicly available data and typical rider profiles as of early 2026. Your actual premium will depend on your motorcycle, location, riding history, and chosen level of cover. These are not quotes. Always obtain a personalised quote directly from the insurer. If you spot an error, please let us know.

Australian Motorcycle Insurers for Honda

Compare motorcycle insurance providers that cover Honda bikes across Australia.

Swann Insurance

Australia's dedicated motorcycle insurance specialist, Swann builds policies from the ground up for riders. Honda owners benefit from cover options designed around two-wheel risks, including riding gear protection and agreed value.

Motorcycle specialist
Riding gear cover
Agreed value available
New-for-old replacement
Shannons

Shannons has built a loyal following among motorcycle enthusiasts in Australia. Their policies cater to riders who value their Honda as more than just transport, with features like agreed value and multi-vehicle discounts.

Enthusiast specialist
Agreed value cover
Multi-vehicle discount
Club member benefits
QBE

QBE provides motorcycle cover as part of its broad general insurance offering. Honda riders can access comprehensive, third party fire and theft, or third party property damage policies through QBE's established claims network.

Comprehensive options
Third party tiers
Flexible excess choices
Nationwide claims network
AAMI

AAMI is one of Australia's best-known insurance brands, offering motorcycle policies with competitive pricing for Honda riders. Their straightforward online quoting process makes it easy to compare cover levels.

Competitive premiums
Online quotes
Multi-policy discount
24/7 claims lodgement
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Disclaimer: Provider ratings reflect editorial assessments based on publicly available information, product features, claims processes, and customer feedback. They do not constitute financial advice. Always confirm details with the provider directly.

What Affects Your Honda Motorcycle Insurance Premium

Understanding these factors can help you secure more affordable Honda insurance in Australia.

🏍️

Model & Engine Size

A CB300R costs substantially less to insure than a CBR600RR. Engine capacity, performance classification, and bike value all feed directly into your premium calculation.

👤

Age & Licence Stage

Riders on a learner permit or provisional licence typically face higher premiums. Under-25 riders also pay more. Progressing through L, P1, P2, and onto a full licence with claim-free years earns the best pricing.

📍

Your Location

Premiums in Sydney and Melbourne are generally higher than in regional areas, driven by greater theft incidence, heavier traffic, and increased accident frequency in metropolitan zones.

🔒

Security Measures

Storing your Honda in a locked garage and fitting an approved immobiliser, disc lock, or alarm system can help bring your premium down. Bikes parked on the street typically attract higher costs.

📊

Riding Frequency

Some Australian insurers adjust premiums based on estimated annual kilometres. Weekend-only or recreational riders may qualify for reduced rates compared to daily commuters.

Rating One / No-Claims Discount

Each claim-free year earns you a no-claims discount, which can grow to save you a significant portion of your premium. Some insurers also offer Rating One protection as an add-on.

Tips to Save on Honda Motorcycle Insurance in Australia

Practical ways to lower your Honda motorcycle insurance costs without compromising on cover.

1

Begin with a LAMS Machine

LAMS-approved Honda models such as the CB300R and Rebel 500 attract some of the lowest premiums available. Building a claim-free track record on a learner-approved bike puts you in a stronger position when you move up to a larger capacity model.

2

Gather Several Estimates

Honda insurance pricing varies noticeably between providers. Collect at least three estimates - try Swann Insurance as a motorcycle specialist alongside mainstream options like AAMI and QBE to see the spread.

3

Opt for a Higher Excess

Lifting your voluntary excess from $500 to $750 or $1,000 can trim your premium by 10 to 20 percent. Only choose an excess you could comfortably pay if you needed to make a claim.

4

Combine Your Policies

Holding your motorcycle, car, and home insurance with a single provider can unlock multi-policy savings of 5 to 15 percent. Ask each insurer about bundling discounts when you request your quote.

5

Lock Down Security

Parking your Honda in a locked garage, fitting a disc lock or heavy-duty chain, and installing an approved alarm are all measures that insurers reward. Make sure you declare your security setup when applying.

6

Choose Annual Payment

Most Australian insurers add a surcharge for monthly instalment plans. Paying your premium in one annual lump sum can save between 5 and 10 percent, which could mean $40 to $90 back in your pocket.

Honda Motorcycle Insurance FAQs

Common questions about insuring your Honda motorcycle in Australia.

What does Honda motorcycle insurance typically cost in Australia?
Comprehensive Honda motorcycle insurance in Australia generally falls between $350 and $1,300 per year, depending on the model. Learner-friendly bikes like the CB300R can start from around $350 per year, while performance models such as the CBR600RR may cost $700 to $1,200 annually. The Gold Wing sits at $750 to $1,300 owing to its higher replacement value.
Are Honda motorcycles affordable to insure in Australia?
Honda bikes are widely regarded as some of the most cost-effective motorcycles to insure in Australia. Their popularity ensures that parts are readily available and competitively priced, and insurers have extensive claims history to draw on. Smaller-capacity models such as the CB300R and Rebel 500 are particularly wallet-friendly when it comes to premiums.
Can I get insurance for my Honda on a learner permit?
Yes, Australian insurers will cover Honda riders who hold a learner permit, although premiums will be higher compared to fully licenced riders. LAMS-approved models such as the CB300R, CB500F, and Rebel 500 offer the most affordable entry point for new riders looking to build their claims history.
Which level of cover should I choose for my Honda?
For Honda motorcycles worth more than $5,000, comprehensive cover is commonly chosen to guard against theft, accident damage, and third party liability. Older Hondas valued under $3,000 may be adequately protected by third party fire and theft or third party property damage cover. Weigh up the replacement cost of your bike against the premium to decide.
Does Honda Australia sell its own motorcycle insurance?
Honda Australia does not market a branded motorcycle insurance product. You will need to arrange cover through an insurer such as Swann Insurance, Shannons, QBE, or AAMI. Some Honda dealerships may direct you to preferred insurance partners when you purchase a new bike.
Is the Honda CBR600RR expensive to insure?
The CBR600RR sits in a higher insurance bracket than most other Honda models, with comprehensive cover typically ranging from $700 to $1,200 per year. Its supersport classification, performance capabilities, and the statistical risk profile of sport bike riders all contribute to elevated premiums, particularly for younger riders.
Should I select agreed value or market value cover?
Agreed value locks in a set payout amount if your Honda is written off, giving you certainty at claim time. Market value cover is often cheaper but the payout reflects the bike's depreciated worth, which can be lower than expected. Because Hondas hold their value reasonably well in Australia, agreed value policies are often competitively priced.
Do I still need CTP insurance if I have comprehensive cover?
Yes. CTP (Compulsory Third Party) insurance is mandatory for every registered motorcycle in Australia and covers injury to other people in an accident. It is entirely separate from comprehensive, third party fire and theft, or third party property damage policies. CTP is arranged through your state or territory's registration authority or approved CTP providers.

Disclaimer: The information on this page is general in nature and does not constitute financial advice. While we work to keep content accurate, insurance products, pricing, and terms are subject to change. Always confirm details directly with the insurer before making a decision. If you require personalised guidance, consider consulting a licensed financial adviser. For further information, visit MoneySmart or AFCA.

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