Dirt bike insurance

Posted on March 30, 2010
Filed Under Insurance | Leave a Comment

I was curious about how much dirt bike insurance would cost and what the insurance companies were prepared to cover in Australia so I had a look around to see what’s available out of the insurance companies that appear online.

JLT Dirt Bike Insurance

First one I looked at was JLT Dirt Bike Insurance. To cover a dirt bike worth $10,000 they will charge you an annual premium of $321. The bike is only covered for theft if it is chained up when not in use and chained up in an enclosed building when kept at the garaging address.*

Insure My Ride

Insure My Ride came in at $754.86 including the 25% discount for applying online with an excess of $400. I also specified that the bike would be keep indoors at my home address. Looking briefly at the policy it also states that you can’t claim if your bike is being prepared for or engaged in racing. I couldn’t find anything specific about theft from home or elsewhere but the policy did say

“You must take all reasonable steps to protect your bike,
riding gear and personal valuables from loss, theft and
damage, and comply with all legal requirements regarding
the safety and maintenance of your bike.”

*

Famous Insurance

Famous Insurance gave me an online quote of $291.06 for the year with an excess of $150 basic and $350 for theft. Their conditions include that the dirt bike must be in a secured trailer or premises.

QBE Insurance

After filling out a request for an online quote QBE sent an email stating that the information provided was insufficient to make a quote. I stated basic information without anything out of the ordinary so this may provide them with a reason to call your directly?

There are a few other insurance companies that will insure dirt bikes. Most of them seem to have the same requirements should you need to claim against theft and none that I saw will cover the bike while you are riding it. Be careful as there may be some circumstances where you’re not covered even moving the dirt bike from one location to another.

I guess the best thing you can do is secure your bike the best way you can in all situations.

* Please be aware that I am merely sharing with you what I’ve seen that is available online. The comments in this article represent my current observations and may or may be correct and/or suitable for your current situation.
Share

Comments

Leave a Reply