There is a mindset among most of the people in Australia that having a bike insurance is different and has lesser importance and cost as compared to the insurance for a car because getting a motorcycle insurance is easier and less important as compared to the car insurance needs.
The fact is that no one can rule out the need of having a bike insurance in any country because when you are riding on the vehicle you are equally responsible or your own good and for the others on the road as well.
Though it is a fact that the bigger your vehicle gets, the more it costs and the more vast impact it can create upon a collision or an accident.
For instance, if you re driving a car and it collides with another car you mays ee that the damages on both of the cars is far more serious and more expensive as compared to the collision is caused by a bike or where one or two bikes are involved.
Since the bikes are not as much expensive they may not involve a higher amount of money to get one repaired or replaced.
So we can say that there are some differences when it comes to financial level and the kind of loss that is compensated but it does not mean that having a bike insurance is less important and a car insurance is more important.
We can say that there could be a difference in the level of damages or the way the two parties impact each other but the lives in danger have the same value and you cannot ignore them at all. It is always better to own an insurance so that you may get compensated for the damages and the third party is also covered for the damages caused by you, no matter if you own a car, a big one or a small one or a bike as well.