When you choose Comprehensive or Third Party Fire & Theft motorcycle insurance for your bike, you can choose whether you want to insure it for the Market Value or an Agreed Value.
Agreed Value is a fixed amount that you and your motorcycle insurance provider agree on, while Market Value is what your bike’s worth at the time of the incident. Market Value policies typically have lower premiums because payouts reflect depreciation – that is, the decline in your motorcycle’s value since you bought it. Agreed Value usually costs more but gives you certainty about what you’ll receive if your bike’s stolen or written off.20
Whether or not you use your motorcycle for business purposes is something we’ll determine by asking you relevant questions during the motorcycle insurance quote process. If we accept your cover, your policy schedule will show that your motorbike insurance cover extends to business use, in addition to your cover for private use.
With Youi’s Comprehensive and Third Party Fire & Theft motorcycle insurance, you’re covered for up to $1,000 per claim for helmets and riding gear belonging to the rider or pillion if damaged in an insured event (excluding theft unless stolen from a secured storage compartment on the motorbike).9
You can upgrade your standard riding gear cover with Youi’s optional Personal Items and Riding Gear Upgrade for cover up to $5,000 per claim, including up to $1,000 per item for your personal items as well.22
This depends on a variety of factors including the level of motorcycle insurance cover you choose; the make, model and age of your motorcycle; and how much your motorbike insurance excess is.
To get the most accurate info about how much insurance for your bike might cost, start a motorcycle insurance quote today.
The year your bike was manufactured can have an impact on your premium. This is because motorcycle insurance premiums are calculated based on – among other things – how much it would cost to repair or replace your bike.
To get the most accurate info about how much insurance for a motorbike is, start a motorcycle insurance quote today.
Yes, Youi offers dirt bike insurance.
If having coverage for accidental damage, and 24/7 roadside assistance1 in case you break down on the side of the road, sounds like the best dirt bike insurance in Australia to you, you might like to consider our Comprehensive motorcycle insurance.
We also provide Third Party dirt bike insurance.
To begin the process of insuring a dirt bike, start a motorcycle insurance quote.
Your age and the number of years you’ve held a motorcycle licence will both be considered when you start a motorcycle insurance quote with Youi. This is because younger riders are typically more likely to be involved in accidents, which is why motorbike insurance premiums for teens and young adults tend to be higher.21
A hire car after a not at fault accident comes included with Youi Comprehensive motorcycle policies. You can add hire car cover for all insured events to your Comprehensive and Third Party Fire & Theft motorbike insurance policy. The hired vehicle will be a car rather than a motorcycle. Terms, limits and conditions apply.
If your motorbike requires emergency repairs or towing, including storage, as a result of any insured event, we cover the reasonable costs involved when you have Comprehensive or Third Party Fire & Theft motorbike insurance cover.10
If necessary, we’ll also pay the costs of emergency accommodation and/or transport following an incident if we agree to pay your claim.8
Similar to our driver policy for car insurance, any rider can use your motorcycle. We classify riders as:
Regular rider: The regular rider is whoever rides the motorcycle most frequently. There can only be one regular rider and they’re noted as such on the motorbike insurance policy schedule.
Listed riders: A listed rider is someone who you have told us about and who is noted on the motorcycle insurance policy schedule. These riders use your motorcycle less often than the regular rider.
Unlisted riders: These are people who are not listed on the motorbike insurance policy but who could occasionally ride your motorcycle. An unlisted rider excess applies if the rider isn’t listed and you need to make a claim. In some circumstances, we may not cover unlisted riders – we’ll tell you if this is the case.
Some other people who might ride your motorcycle:
Learner riders: Learner riders are covered by your motorcycle insurance provided they have a valid licence. However, there isn’t any cover if you receive any form of payment for teaching someone to ride.
Test riding: If a potential buyer requests to test ride your motorcycle, you’ll need to ensure that the motorcycle is ridden safely.
Service providers: When the motorcycle is under the care of a service provider, we’ll extend motorcycle insurance cover to employees of that business who operate the motorcycle as part of their service. This includes valet parking, cleaning or a licensed automotive workshop.
