Motorcycle insurance
How Budget Direct prices motorcycle insurance
Published prices
Buy at these prices through Shenton Insurance Brokers: https://shentonbrokers.com/insurers/budget-direct/motorcycle
Motorcycle insurance promotions today: ECICS, 15% off; Etiqa, 10% off. Prices shown include discounts from featured insurers; other insurers are shown at full price with no discount.
On 12 Nov 2026, Budget Direct's lowest motorcycle insurance price for Class 2B bike (up to 200cc), rider aged 30 is S$262.19 (GST included), Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use).
What the figures include
Prices include 9% GST. The table's figures already include it.
Prices from this table are as at 3 Nov 2026, the day we last checked them against Budget Direct's own online quotes.
A plan's premium is its base figure, times each factor that applies, plus any additions. It is never below the plan's minimum.
Budget Direct motorcycle insurance prices by plan
Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use)
Offered when Cover type is Comprehensive; Rider age 25 or more; Rider age up to 75; Years licensed 2 or more; Years since the registration year up to 15 years; Usage is Private
How it's calculated
| Engine capacity | Figure |
|---|---|
| 200 cc | S$214.07 |
| 400 cc | S$278.67 |
| 750 cc | S$463.35 |
| 1,000 cc | S$469.99 |
Multiplied by the rider's age A factor for each of 51 bands of rider age, from ×1.00 to ×1.887829. CSV
| NCD by At-fault claims | 0 | 1 to 3 |
|---|---|---|
| 0% | ×1.44749 | ×1.381758 |
| 10% | ×1.160561 | ×1.160561 |
| 15% | ×1.073718 | ×1.073718 |
| 20% | ×1.00 | ×1.00 |
| Years licensed | Figure |
|---|---|
| 2 | ×1.100073 |
| 3 to 6 | ×1.00 |
| 10 | ×1.00 |
Multiplied by the bike's registration year A factor for each of 31 bands of years since the registration year, from ×0.96478 to ×1.188346. CSV
Less the S$21.80 paperless discount -S$21.80
Excess S$500.00
The figure is an estimate when Engine capacity is 200 cc, 400 cc, 750 cc, 1,000 cc. Budget Direct prices by the bike's make and model, which this form does not ask: the figure shown is its price for one common bike of the capacity band (up to 200cc: Honda PCX125; the 4 other bikes sampled pay up to 14% less; 201 to 400cc: Honda CB400SF; the 2 other bikes sampled pay from 26% less to 19% more; 401 to 750cc: Kawasaki ER-6F Ninja 650R; the 2 other bikes sampled pay up to 45% less; above 750cc: Honda CB1000R; the 4 other bikes sampled pay from 1% less to 30% more). It takes the rider as married; a single rider pays about 5% more. Its quick quote gave no price at all for 3 of the bikes sampled (Honda CBR150R, Kawasaki ER4-F Ninja 400R, Honda CBR650R), so some models are not sold online. Budget Direct's own quote can sit above or below it.
Budget Direct Motorcycle Third party, fire and theft (riders 25 to 75, personal use)
Offered when Cover type is Third party, fire and theft; Rider age 25 or more; Rider age up to 75; Years licensed 2 or more; Years since the registration year up to 20 years; Usage is Private
How it's calculated
| Engine capacity | Figure |
|---|---|
| 200 cc | S$166.75 |
| 400 cc | S$217.07 |
| 750 cc | S$360.92 |
| 1,000 cc | S$366.10 |
Multiplied by the rider's age: the same figures as Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use) above
Multiplied by no claim discount (0% as never insured, or after a claim): the same figures as Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use) above
Multiplied by years holding a licence: the same figures as Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use) above
Multiplied by the bike's registration year A factor for each of 31 bands of years since the registration year, from ×0.96478 to ×1.188346. CSV
Less the S$21.80 paperless discount -S$21.80
Excess Not published
The figure is an estimate when Engine capacity is 200 cc, 400 cc, 750 cc, 1,000 cc. Budget Direct prices by the bike's make and model, which this form does not ask: the figure shown is its price for one common bike of the capacity band (up to 200cc: Honda PCX125; the 4 other bikes sampled pay up to 14% less; 201 to 400cc: Honda CB400SF; the 2 other bikes sampled pay from 26% less to 19% more; 401 to 750cc: Kawasaki ER-6F Ninja 650R; the 2 other bikes sampled pay up to 45% less; above 750cc: Honda CB1000R; the 4 other bikes sampled pay from 1% less to 30% more). It takes the rider as married; a single rider pays about 5% more. Its quick quote gave no price at all for 3 of the bikes sampled (Honda CBR150R, Kawasaki ER4-F Ninja 400R, Honda CBR650R), so some models are not sold online. Budget Direct's own quote can sit above or below it.
Budget Direct Motorcycle Third party only (riders 25 to 75, personal use)
Offered when Cover type is Third party only; Rider age 25 or more; Rider age up to 75; Years licensed 2 or more; Years since the registration year up to 30 years; Usage is Private
How it's calculated
| Engine capacity | Figure |
|---|---|
| 200 cc | S$134.79 |
| 400 cc | S$175.47 |
| 750 cc | S$291.74 |
| 1,000 cc | S$295.92 |
Multiplied by the rider's age: the same figures as Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use) above
Multiplied by no claim discount (0% as never insured, or after a claim): the same figures as Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use) above
Multiplied by years holding a licence: the same figures as Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use) above
Multiplied by the bike's registration year A factor for each of 31 bands of years since the registration year, from ×0.96478 to ×1.188346. CSV
Less the S$21.80 paperless discount -S$21.80
Excess None
The figure is an estimate when Engine capacity is 200 cc, 400 cc, 750 cc, 1,000 cc. Budget Direct prices by the bike's make and model, which this form does not ask: the figure shown is its price for one common bike of the capacity band (up to 200cc: Honda PCX125; the 4 other bikes sampled pay up to 14% less; 201 to 400cc: Honda CB400SF; the 2 other bikes sampled pay from 26% less to 19% more; 401 to 750cc: Kawasaki ER-6F Ninja 650R; the 2 other bikes sampled pay up to 45% less; above 750cc: Honda CB1000R; the 4 other bikes sampled pay from 1% less to 30% more). It takes the rider as married; a single rider pays about 5% more. Its quick quote gave no price at all for 3 of the bikes sampled (Honda CBR150R, Kawasaki ER4-F Ninja 400R, Honda CBR650R), so some models are not sold online. Budget Direct's own quote can sit above or below it.
Worked examples
These cases show how the table's figures add up. Every figure is an estimate (see the plans above), so the insurer's own quote may differ.
| Example | Answers | Working | Premium |
|---|---|---|---|
| Honda CB400SF (201 to 400cc), comprehensive: rider 40, licence over 5 years, 20% NCD, registered 3 calendar years back (P21093569R00) Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use) | NCD 20% · Usage Private · Engine capacity 400 cc · Rider age 40 · Cover type Comprehensive · Years since the registration year 3 years · Years licensed 10 · At-fault claims 0 |
| S$256.87 |
| Honda CB400SF (201 to 400cc), tpft: rider 40, licence over 5 years, 20% NCD, registered 3 calendar years back (P21093569R00) Budget Direct Motorcycle Third party, fire and theft (riders 25 to 75, personal use) | NCD 20% · Usage Private · Engine capacity 400 cc · Rider age 40 · Cover type Third party, fire and theft · Years since the registration year 3 years · Years licensed 10 · At-fault claims 0 |
| S$195.27 |
| Honda CB400SF (201 to 400cc), tpo: rider 40, licence over 5 years, 20% NCD, registered 3 calendar years back (P21093569R00) Budget Direct Motorcycle Third party only (riders 25 to 75, personal use) | NCD 20% · Usage Private · Engine capacity 400 cc · Rider age 40 · Cover type Third party only · Years since the registration year 3 years · Years licensed 10 · At-fault claims 0 |
| S$153.67 |
| Honda PCX125 (up to 200cc), comprehensive: rider 40, licence over 5 years, 20% NCD, registered 3 calendar years back (P21093570R00) Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use) | NCD 20% · Usage Private · Engine capacity 200 cc · Rider age 40 · Cover type Comprehensive · Years since the registration year 3 years · Years licensed 10 · At-fault claims 0 |
| S$192.27 |
| Honda PCX125 (up to 200cc), tpft: rider 40, licence over 5 years, 20% NCD, registered 3 calendar years back (P21093570R00) Budget Direct Motorcycle Third party, fire and theft (riders 25 to 75, personal use) | NCD 20% · Usage Private · Engine capacity 200 cc · Rider age 40 · Cover type Third party, fire and theft · Years since the registration year 3 years · Years licensed 10 · At-fault claims 0 |
| S$144.95 |
| Honda PCX125 (up to 200cc), tpo: rider 40, licence over 5 years, 20% NCD, registered 3 calendar years back (P21093570R00) Budget Direct Motorcycle Third party only (riders 25 to 75, personal use) | NCD 20% · Usage Private · Engine capacity 200 cc · Rider age 40 · Cover type Third party only · Years since the registration year 3 years · Years licensed 10 · At-fault claims 0 |
| S$112.99 |
Questions about Budget Direct motorcycle insurance
How much is Budget Direct motorcycle insurance?
On 12 Nov 2026, Budget Direct's lowest motorcycle insurance price for Class 2B bike (up to 200cc), rider aged 30 is S$262.19 on Budget Direct Motorcycle Comprehensive (riders 25 to 75, personal use) (as at 3 Nov 2026), the lowest of 6 insurers we compare. It is the cheapest insurer on 3 of the 5 examples below.
Is Budget Direct the cheapest for motorcycle insurance?
On today's prices Budget Direct is the cheapest insurer on 3 of our 5 examples. The cheapest for you depends on your own details: compare them on the quote form.
Can I buy Budget Direct motorcycle insurance here?
You compare Budget Direct beside the other insurers here and buy with the plan's Buy Now link. We do not take payment or issue policies.
Where the figures come from
- Budget Direct – Review motorcycle insurance plans (benefit table by cover type)
- Budget Direct – Motorcycle insurance FAQ
- Budget Direct – Motorcycle Product Disclosure Document
Plus 2 files of saved quotes, data and screenshots from Budget Direct's online quote tool, kept with the table.
Before going live the table was checked against the insurer's own online quotes.
Your own premium depends on your answers. The prices shown are only available through our Buy Now link, which places your policy through Shenton Insurance Brokers. The insurer takes payment and issues the policy.