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How Much Does Motorcycle Insurance Cost? Free Motorcycle Insurance Prices and Estimates
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Motorcycle Insurance Prices
Typical costs:
Motorcycle insurance rates, similar to car insurance, depend on factors such as age, vehicle type, and driving record. However, motorcycle insurance is only about half the cost of auto insurance.
At the very least, motorcycle insurance costs $150 per year. On the high end, the price can be upwards of $2500 or more.
Liability, which covers the driver against injury or damage they cause, is one kind of cheap motorcycle insurance. It can be purchased for $100-$500 per year.
Complete coverage insures against liability and any injury or damage resulting from another person. It is about twice as expensive as basic liability.
Each state specifies minimum motorcycle insurance requirements. View the complete list.
Additional costs:
Any driver who has had an accident or moving violation in the past three years can expect to pay more.
Moving violations including drugs and alcohol in the last ten years will result in a higher motorcycle insurance quote.
License problems, including suspension or revocation, also negatively affect motorcycle insurance quotes.
A motorcycle used for racing will be significantly more expensive to insure.
Guest passenger coverage is required in some states, and will cost more.
Discounts:
Stock motorcycles (versus custom bikes) and older bikes are generally cheaper to insure.
An engine smaller than 1000 cc is cheaper to insure than an engine over this size.
Anti-theft devices result in lower premiums.
Those with a clean driving record and many years of riding experience, qualify for a lower motorcycle insurance cost.
Some insurers offer discounts to members of clubs such as the American Motorcycle Association and the Harley Owners Group. If you are a member of a riding group, ask an insurer if you qualify for a cheaper rate.
Bikes insured under an existing car insurance policy or a policy with another bike qualify for a discount from most major insurers.