Strong range of benefits, including choice of repairer, trailer cover, and wellness cover
You can get cover for motocross, enduro, ATV, SSVs and kids fun motorbikes
Up to $3,000 - Up to $1,500 per item covered for damaged riding gear
Cons
Up to $500 of personal effects are covered, but we found two brands that cover up to $5,000.
There's no hire car cover if you're in an accident - a common benefit from other brands
There's no online claims portal, it's all via phone or email.
Compare mibike motorcycle insurance policies
How does mi-bike compare to other popular motorcycle insurers?
Features
mi-bike has a particularly strong range of benefits in comparison to other motorcycle insurance providers. With mi-bike, riders can insure their motorcycle for agreed or market value, key replacement is covered for Up to $1,500 — other insurers don't include this at all, and roadside assistance can be added to the policy.
The below prices are for comprehensive motorcycle insurance policies and they're based on a fictional driver profile — they should be used as a guide only. Your own quote will differ based on the model of your motorcycle, your driver history and many other personal circumstances. Keep in mind, the best motorcycle insurance for you may depend on more than price.
We got quotes from popular motorcycle insurance providers using the following profile:
NSW based address
30 year old male driver
Perfect driving history
Motorcycle kept in a garage
Travels up to 8,000kms per year
$7,000 bike model used: 2022 Kawasaki Z400 Motorcycle MY22 399CC P
$29,000 bike model used: 2023 BMW R 18 Motorcycle Transconti MY23 1802CC P
Excess: As close to $695 as possible
What additional cover options are available?
mi-bike has a range of add-on cover options available, so you can tweak your policy to better fit your needs.
Lay-up cover - Adjust your policy so it's only active on weekends, or when your motorbike is within the gates, walls, or fences of your home address. This makes your policy cheaper and could work for weekend-only riders. Read the PDS for full details.
Tyre and rim cover - Cover if a tyre is damaged, punctured or suffers a blowout, outside of an insured incident. For example, riding over a nail. Cover if a rim is cracked, warped or misshapen by potholes, kerbs, nails, screws, metal, glass, road debris.
Roadside assistance - mi-bike also offers roadside assistance, featuring 24/7 recovery, emergency accommodation, flat battery service, lack of fuel, accident coordination, and more.
Nicola Middlemiss is a contributing writer at Finder, with a special interest in personal finance and insurance. Formerly a business and finance journalist, Nicola has written thousands of articles helping Australians better understand insurance and grow their personal wealth. She has contributed to a wide range of publications, including Domain, the Educator, Financy, Fundraising and Philanthropy, Insurance Business, MoneyMag, Mortgage Professional, Yahoo Finance, Your Investment Property, and Wealth Professional. Nicola has a Tier 1 General Insurance (General Advice) certification and a Bachelor's degree from the University of Leeds. See full bio
Nicola's expertise
Nicola has written 239 Finder guides across topics including:
Personal finance
Personal insurance, including car, health, home, life, pet and travel insurance
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.
RAA Comprehensive Motorcycle Insurance provides new-for-old motorcycle replacement for up to two years, a lifetime guarantee on repairs and $20 million of legal liability cover.
GIO Motorcycle Insurance is backed by a 24/7 claims service and provides three cover options: Comprehensive Motorcycle Insurance; Fire, Theft and Third Party Property Damage Motorcycle Insurance; and Third Party Property Damage Motorcycle Insurance.
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