Sometimes called Extended Warranty, this form of bike insurance safeguards you in the case of any unexpected faults or breakdowns, giving you added security and peace of mind. It will cover the major mechanical and electrical items of your motorcycle.
Aussie Bike Loans encourages customers to protect themselves against surprises when buying a new or used bike. These products provide similar protection to what you may get when buying through a dealer.
The warranties will generally cover the costs of those repairs, parts and labour. Sure, there are limitations – you must still pay for normal wear and tear items like new tyres, light bulbs and other general maintenance when required, but the warranty should cover the bulk of those unplanned and unexpected mechanical failures.
Most new purchases come with a 2 or 3-year warranty. You can cover your bike for up to 3 more years, commencing from the moment your manufacturer’s warranty ceases. Perfect for those who want to keep their bike long term, but without the worry of unexpected mechanical costs.
Sure, you’re buying a bike that looks and rides great. BUT, you have no idea how its previous owner treated the bike. Was it thrashed? Was it smashed? Was it even serviced?
Aussie Bike Loans strongly recommends that you consider a mechanical warranty for any used bike, even if purchased from a reputable dealer.