If you own a motorbike, getting a greenslip to ride it on the road can be a little more complex than it is for a standard car policy. This is because the policies can vary widely, depending on the bike you’re riding, while a car greenslip is standard across all vehicles. For the purposes of greenslip insurance, motorbikes are classified based on their engine capacity, and this is designated by the Motor Accident Authority, or MAA.
The price you pay for your motorbike greenslips will be determined based on a wide range of factors such as geographic region, claims history, rider age and their driver record. However, there are five categories to consider: Under 225cc, 226cc to 725cc, 726cc to 1,125cc, 1,126cc to 1,325cc and over 1,325cc. While the prices of motorbike greenslips will vary from one provider to another, the engine capacity of the vehicle will be the single largest determining factor. However, factors you won’t need to worry about the style of the motorbike, or how you use it, its pillon capacity or its LAM status. No motorbike greenslips provider should be using these factors to determine the cost of a policy.
As with all road vehicles, Greenslips are mandatory for motorbikes, regardless of size, and in NSW you do have a wide range of providers to choose between. Prices can very from one provider to the next, but the quality of coverage will be the same across all policies. Because of this, you should take the time and shop around for the best value motorbike greenslips. We invite all motorbike owners to have a look at our rates at Discount Greenslips, as we’ll be able to get you on the road quicker and for less up-front cost, regardless of your bike’s engine.
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