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Compare green slip prices for your motorcycle

Do you need a green slip for your motorcycle? Motorcycle greenslips can be expensive because riding a motorcycle is risky. Compared to car drivers, riders have a relatively higher chance of being seriously injured or dying. We explain how to compare green slip prices,  how much it costs, and more about green slips for motorcycles.

Why are green slips for motorcycles expensive?

At 31 March 2023, there are only 275,218 motorcycles out of 7.17 million light vehicles registered in NSW. This is less than 4% of vehicles on the road. While there are fewer motorcycle riders than drivers, they are more likely to be hurt on the roads.

In the year to June 2022:

Motorcycle riders were also disproportionately more likely to die on the roads in the year to January 2023.

  • Drivers were 46% of deaths.
  • Motorcyclists were 17% of deaths.

In that same year, motorcyclist deaths reduced by 21%, in third place after driver and pedestrian deaths.

The extra risks of riding a motorcycle are reflected in regulated green slip prices.

How are green slip prices set for motorcycles?

Insurers set greenslip prices for motorcycles on the basis of engine capacity (including electric). They also use other factors, such as where you live, claims history, driving record, your age and whether there will be a pillion passenger.

State Insurance Regulatory Authority (SIRA) sets 5 classifications of engine capacity:

  • Under 225cc and electric motorcycles
  • 226cc to 725cc
  • 726cc to 1125cc
  • 1,126cc to 1325cc
  • Over 1325cc.

Find more information on how insurers set greenslip prices.

How much does your motorcycle greenslip cost?

The cost of your motorcycle greenslip depends on where you live, as well as other factors. For example, Metro prices are much higher than Country prices because that’s where most serious injuries occur.

Insurer prices are very competitive for motorcycle green slips so it’s worth comparing prices.

Using the greenslips.com.au Calculator in May 2023, these are the prices of a motorcycle green slip for a “good”, fully insured male rider, 45, in the Metro area:

Engine size  Price range Metro Difference   
Under 225cc/electric  $119-$158 $39     
226cc to 725cc $343-$467 $124   
726cc to 1125cc  $433-$666 $233  
1126cc to 1325cc  $717-$947 $230   
Over 1325cc    $477-$699 $222   

The most expensive motorcycle green slip in a Metro area is for the second most powerful engine, 1126cc to 1325cc. You can pay up to $230 more for a green slip.

Always use the greenslips.com.au Calculator because you can save up to $233 by buying the cheapest greenslip for your motorcycle.

Using the greenslips.com.au Calculator again, these are the prices of a motorcycle green slip for the same male rider in a Country area:

Engine size  Price range Country Difference   
Under 225cc/electric  $84-$112  $28     
226cc to 725cc $194-$262  $68  
726cc to 1125cc  $317-$443 $126   
1126cc to 1325cc  $479-$631  $152 
Over 1325cc    $625-$819  $194 

The most expensive green slip is for the most powerful engine, over 1325cc. You can pay up to $194 more for your motorcycle greenslip in a Country area.

Even for the lowest powered motorcycle, using the greenslips.com.au Calculator can save you $28 (or 33.3%).

Can novice motorcycle riders choose any engine size?

No, novice motorcyclists don’t have a wide choice of engine sizes. Motorcycles that are approved for L, P1 and P2 riders have these features:

Are all green slips for motorcycles the same?

All green slips for motorcycles must offer exactly the same cover by law.

None of the insurers offers any extra features, such as At-fault driver cover, with its motorcycle green slip.

To find the cheapest green slip for your motorcycle in NSW, go to the greenslips.com.au Calculator.

author image

Corrina Baird

Writer and Researcher, greenslips.com.au

Corrina used to lend her car to her kids and discovered what Ls, Ps and demerits mean for greenslips. After 20 years in financial services and over 9 years with greenslips.com.au, she’s an expert in the NSW CTP scheme. Read more about Corrina

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