Laws surrounding bike insurance in Victoria can vary from other states. Wondering about the ins and outs of motorcycle insurance in Victoria? Wanting to insure a motorbike in VIC but seeking more information first? Read on!
Do you need insurance for a motorcycle in Victoria? Victoria’s laws require that every driver or rider on Australian roads must have Compulsory Third Party motorbike insurance (also known as CTP insurance or ‘green-slip’). Compulsory third party (CTP) insurance in Victoria covers your liability and the liability of anyone else who drives your vehicle, for injuries caused to others in a motor vehicle or Motorcycle accident.
Including this cover into every rider’s registration in Victoria provides a safeguard to injured parties, making sure they always receive the necessary compensation regardless of the rider’s financial situation while simultaneously protecting riders from expensive legal and medical costs that arise from accidents on the Australian roads.
Compulsory Third Party motorbike insurance in Victoria, WA, TAS, and the NT is automatically included in your registration fees however in SA, NSW, ACT and QLD you have the option of choosing an Insurer.
Victorian riders need to note that Compulsory Third Party motorbike insurance or Green-Slip does not cover any damage to your vehicle following an accident. To cover against damage to your Motorcycle you would need to purchase a Motorcycle insurance policy. If you want insurance for a motorcycle, depending of the level of protection you are seeking, there are options that will suit your needs – here is a quick guide of coverage options for motorbike insurance in Victoria, through Swann Insurance.
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