How does motorcycle insurance work?


October 12, 2020

When you hit the road on your motorcycle, you want the peace of mind of sufficient insurance cover. No matter your situation – daily commuter, courier, weekend rider – Swann Insurance has many options to keep you on the road.

Level of cover
Swann Insurance offers four levels of cover, depending on your budget and needs.

Comprehensive insurance, as the name suggests, offers the greatest level of cover, giving you protection right across Australia in case your motorcycle is accidentally damaged, stolen or burnt (including fire, flood, storm and cyclone protection). You will also receive protection from legal liability (up to $20 million) if you damage someone else’s property. Comprehensive insurance is the most popular form of motorbike insurance as it offers the greatest cover to riders.

Third party, Fire and Theft insurance covers your motorcycle in case it is damaged by fire or stolen, as well as offering protection from legal liability (up to $20 million) if you damage someone else’s property.

Third Party Liability will cover you from legal liability if you damage someone else’s property in an accident.

Dirt Bike Cover is available for recreational registered or unregistered dirt bikes which are only used for recreational purposes, and it covers your bike for fire, theft and 50% of its market value in case of accidental damage.

Extras
There are other handy extras you can purchase to boost your comprehensive cover, such as:

Helmet and Riding Gear cover, in case your motorcycle gear is damaged in an accident.

If you experience a flat battery, run out of petrol, or other mechanical issue, or if you can’t ride due to an injury, you can receive 24-hour personal and roadside assistance cover.

Flexible Cover
With Swann Insurance’s Comprehensive cover you can choose to lower your premium by increasing your basic excess, protect your Rating 1, cover your personal items in case your motorcycle is accidentally damaged, stolen or burnt, or lower your premium by restricting the policy to one rider.

Pay by the month
It costs absolutely nothing extra to pay your Swann Insurance premium by the month so you can spread out the cost over the year.

Multi-bike discount
If you choose to cover more than one motorcycle in the same policy, you’ll receive a 10% discount, even if they’re ridden by different riders. If you elect to be the only rider in the multi-bike policy, you’ll receive an extra 5% discount.

Business use/food delivery
If you ride your motorcycle for business or as a food-delivery driver, you can easily choose to be covered for this kind of usage during your quote (please note that business use coverage is not available in NSW or for dirt bikes in any state).

Agreed/market value
If you have chosen a Comprehensive cover, you can elect to cover your motorcycle for either its market value or an agreed value, as well as for a long list of non-standard modifications.

Head to the Quick Quote page to find out how Swann Insurance can give you the cover you need.

https://www.swanninsurance.com.au/I7W?pytBqj@|CB?#k$b_$1eg:z/Q.jP|;L|4a0Hc*pLw_CR@`,sM[.eJjz/yb;*g