Best motorcycle insurance Australia

To help you find the best motorcycle insurance in Australia, we analysed 15 policies and selected 2 top picks based on features and value for money.

Gary Ross Hunter's headshot
James Martin's headshot

By

Gary Ross Hunter

&

James Martin

Updated

Fact checked

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Key takeaways

  • We've got picks for those who prioritise price and those who prioritise features. Keep in mind, what's actually 'best' is different for everyone.
  • You can get comprehensive or third party motorcycle insurance.
  • If you've got expensive riding gear then it's worth checking out policies where that can be covered.

Finding the best motorcycle insurance

To help you find the best motorcycle insurance, our insurance team did an analysis of some of Australia's most popular motorbike insurance policies. This included trawling through product disclosure statements (PDS), looking at customer reviews and analysing the Australian Financial Complaints Authority (AFCA). Remember, what's best for you will differ from person to person so it's always best to do your research.

Why you can trust our research

15

motorcycle policies analysed

300

features analysed

10+

hours of research

Top pick for features: Youi

Picture not described

What we like about Youi:

  • Youi's comprehensive policy includes all the key covers such as theft, storms and accidental damage. Your riding gear (apparel) is covered as standard. Plus you can upgrade it to cover you for up to $5,000 worth of riding gear – handy if your helmet, jacket and boots are worth a bit. You can extend this cover to include personal items too.
  • It is one of just 2 providers (out of 15 we researched) to have roadside assistance baked into its comprehensive policy (the other was RACV). Enjoy solid peace of mind with 2 free callouts.
  • Youi has an excellent record on customer service. Its website boasts of answering customer phone calls "in under 30 seconds" on average. Youi has been recognised for this on multiple occasions, including at Finder's Roadside Assistance Customer Satisfaction Awards this year.
  • With Youi, you'll have to pay more upfront to be covered for a replacement vehicle – which would be a car – if your bike's stolen. 12 other insurers include this benefit as standard.
  • There are other optional covers you'll need to add to get the same level of comprehensiveness as some other providers. Personal possessions (such as your phone, laptop or camera) and trailer cover aren't included automatically.
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Compare more motorcycle insurers

1 - 4 of 12
Product FCI Roadside assistance Accidental damage Storm Choice of repairer Agreed or Market Value
Optional
Optional
Agreed or Market
Get QuoteView details
QBE Comprehensive Motorcycle Insurance
Green Company
QBE Motorcycle Insurance logo
Agreed or Market
Summary: QBE won our Green Insurer of the Year Award. Budget friendly and environmentally friendly.

Who it might be good for: Anyone on a budget who still wants good-quality cover.
Get QuoteView details
Youi Comprehensive Motorcycle Insurance
Youi Motorcycle Insurance logo
Agreed or Market
Summary: Youi has earned a reputation for great customer service and offers 24/7 roadside assistance as standard. This is typically an optional extra.

Who it might be good for: People who value a good customer experience and want the ability to customise their policy.
Get QuoteView details
AAMI Comprehensive Motorcycle Insurance
AAMI logo
Agreed
Summary: AAMI’s comprehensive motorcycle insurance policy covers more than some of its competitors with the inclusion of riding apparel as standard. For further coverage, more options to customise cover are available.

⭐ Current offer: $25 off when you buy online.

Who it might be good for: With a paperless claims process, AAMI could be good if you’re keen to manage everything online.
View details
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Motorcycle insurance costs guide

The cost of motorcycle insurance varies between providers and your cost will depend on your personal circumstances, the below should be used as a guide only.

ProvidersAnnual Cost
QBE Logo
$701.03
Budget direct logo$971.39
NRMA logo
$869.44
National Motorcycle Insurance Comprehensive Logo$1,293.45
AAMI insurance$1,758.17
Claims
Age is no guarantee of wisdom
According to Suncorp claim statistics, the largest number of motorbike insurance claims are made by bike owners between 51-60 (26.40%) with the 41-50 age group close behind (25.52%). Just because you're experienced, doesn't mean accidents won't happen.

Which type of motorcycle insurance is best for me?

Comprehensive bike insurance

Comprehensive motorcycle insurance

Comprehensive motorcycle insurance is best if you want full protection. It's the only level of insurance to cover damage to your own bike, including theft, as well as other people's vehicles and property. It's good for people who:

  • Would not be able to replace their bike if it was written off
  • Value their motorcycle and want to protect it
third party, fire and theft

Third party motorbike insurance

This covers damage to other people's property, including their vehicles. Many insurers will allow you to add fire and theft protection for your own bike. It's a good level of cover for people:

  • On a budget with a low-value motorbike
  • Who could afford to replace their bike if it was written off
third party liability

Compulsory third party

This is mandatory and covers people injured by your bike because of an accident. It's good if:

  • You can only afford the bare minimum
  • You could afford to pay for damage to other people's property (keep in mind this could be extremely expensive)

Expert tip on finding the best motorcycle insurance for your needs

Gary Ross Hunter's headshot
Our expert says

"If you're getting comprehensive cover and have expensive motorcycle gear, make sure you take a look at apparel cover. Some insurers will cover you for different amounts – for example, some, such as QBE cover you for up to $4,000. Others including Budget Direct, only include riding gear cover as an optional extra."

Editor, Insurance
Peta Taylor's headshot

"We recently bought a motorcycle and decided to insure it with a comprehensive policy from QBE. We chose QBE because it offered a good amount of coverage with generous benefit limits and it came in the cheapest of the other quotes we got. I'm usually cautious of going with the cheapest provider but QBE's policy includes the coverage we need so it's just a bonus that it was the most affordable for us too."

Associate publisher

Frequently asked questions

Gary Ross Hunter's headshot
Editor, Insurance

Gary Ross Hunter was an editor at Finder, specialising in insurance. He’s been writing about life, travel, home, car, pet and health insurance for over 6 years and regularly appears as an insurance expert in publications including The Sydney Morning Herald, The Guardian and news.com.au. Gary holds a Kaplan Tier 2 General Advice General Insurance certification which meets the requirements of ASIC Regulatory Guide 146 (RG146). See full bio

Gary Ross's expertise
Gary Ross has written 646 Finder guides across topics including:
  • Health, home, life, car, pet and travel insurance
  • Managing the cost of living
James Martin's headshot
Co-written by

Editor

James Martin was the insurance editor at Finder. He has written on a range of insurance and finance topics for over 7 years. James often shares his insurance expertise as a media spokesperson and has appeared on Prime 7 News, WIN News, Insurance News, 7NEWS and The Guardian. He holds a Tier 1 General Insurance (General Advice) certification and a Tier 1 Generic Knowledge certification, both of which meet the requirements of ASIC Regulatory Guide 146 (RG146). See full bio

James's expertise
James has written 209 Finder guides across topics including:
  • Car, home, life, health, travel and pet insurance
  • Managing the cost of living
  • Money-saving tips
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