How much does motorcycle insurance cost? (2021)

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The cost of your motorcycle insurance will be personalized according to your rider profile, your condition and your bike. On average, motorcycle insurance policies cost between $ 80 and $ 2,000 per year depending on who you are, where you live and the level of coverage you purchase.

This guide will describe what determines motorcycle insurance costs and provide tips for reducing that price. We will also recommend some of the cheapest motorcycle insurance providers based on our cost study.

The fastest way to find out what motorcycle insurance would cost you is to request personalized quotes from the best motorcycle insurance companies. Use the free tool below to get started.

In this article:

Average cost of motorcycle insurance

Based on our cost research, most riders can expect to pay somewhere between $ 700 and $ 800 per year for motorcycle insurance coverage. However, prices can vary widely depending on your level of coverage, your rider profile and your bike. High risk runners (those with a recent accident or a registered DUI) can pay up to 300% more than runners with clean records for the same policy.


Factors That Determine Motorcycle Insurance Costs

The main factors that affect the cost of your motorcycle insurance are described in the table below.

Motorcycle insurance

Cost factor

How it affects the rates
Age Young drivers can expect to pay more for motorcycle insurance.
Driving record The rates are considerably higher if you have an accident, speeding ticket, or DUI in your driving history, even if the incident happened while you were driving a car.
Riding experience Runners with more experience tend to be considered low risk, so veteran runners may get cheaper policies.
Coverage level Motorcycle liability insurance can be purchased for less than $ 100 per year. Policies that cover damage to your own bike and pay for your own medical bills are more expensive.
Motorcycle type The accident statistics for your particular bicycle are used to calculate the risk. Insuring a sports bike is particularly expensive. Theft rates, safety features and the value of the bike are also taken into account. Expensive bikes cost more to replace and are more likely to be stolen.
Civil status Married people often receive lower motorcycle insurance rates.
Owner status Homeowners generally benefit from lower insurance rates. Many insurers offer discounts to homeowners for motorcycle and auto insurance.
City If you are riding in a city with high accident and / or theft rates, your motorcycle insurance will cost more.
state Insurance regulations vary from state to state, as do weather conditions and accident statistics. This means that the policies in some states are higher than in others.
Deductible Collisions and full policies will include a deductible. The lower the deductible, the higher your premiums will be.

How Much Motorcycle Insurance Do You Need?

The minimum motorcycle insurance required varies by state. Check your local laws to decide on the level of coverage you need. Almost all states require at least motorcycle liability insurance. A liability policy covers property damage and medical costs resulting from an accident for which you are responsible.

If you want an insurance policy that will cover your own medical bills and the cost of damage to your own bike, you will need to purchase Personal Injury Protection (PIP) or Medical Payments (MedPay), as well as collision insurance. and complete motorbike. Strategies.


Tips to reduce the cost of your motorcycle insurance

If you want to save money by lowering the cost of your motorcycle insurance, there are a few tips that almost any rider can follow to lower their premiums:

  • Buy an inexpensive bike to insure. Touring type bikes are generally cheaper to insure. While a bike that costs less isn’t necessarily cheaper to insure, expensive bikes will generally mean high insurance rates. This is especially true for comprehensive and collision policies, which guarantee the value of your bike.
  • Take a pilot safety course. Check with your insurer about approved cycling safety courses in your area. Taking one of these classes often earns you lower bonuses.
  • Join an organization of riders. Many insurers offer discounts to motorcyclists who are members of motorcycle owner groups such as the Harley Owners Group (HOG).
  • Shop and compare prices. There is no such thing as the cheapest insurer for every runner. Different motorcycle insurance providers offer different discounts and formulas for setting the rates. Only by contacting multiple insurers can you determine the cheapest motorcycle insurance cost for your bike.

You can start comparing free motorcycle insurance rates from major providers in your area by entering your zip code below.


5 cheapest motorcycle insurance providers

Our review team took a close look at a number of the top motorcycle insurers. The table below lists several of the cheapest motorcycle insurance providers based on our cost study.


Best AM Financial Strength Rating: A ++

Better Business Bureau (BBB) ​​Rating: A +

Geico offers the following motorcycle insurance coverage options:

  • Liability for bodily injury
  • Liability for material damage
  • Collision coverage
  • Full coverage
  • Medical payments (MedPay)
  • Coverage for uninsured / underinsured motorists
  • Helmet cover
  • Accessory coverage

The table below shows several quotes from Geico that our team received.

Motorbike Type of jumper Politics Annual cost of motorcycle insurance
Yamaha SR400 2017 (standard bike) High risk Liability only $ 282.15
Low risk Liability only $ 63.80
Low risk

Full coverage

(liability, full, collision)

$ 408.65
Suzuki GSX-R600 2020 (sports bike) High risk Liability only $ 411.27
Low risk Liability only $ 107.03
Low risk

Full coverage

$ 2,171.65

To learn more about this provider, read our full Geico motorcycle insurance review.


Best AM Financial Strength Rating: A

BBB Rating: A +

Safeco offers the following motorcycle insurance coverage options:

  • Liability for bodily injury
  • Liability for material damage
  • Collision coverage
  • Full coverage
  • MedPay
  • Personal Injury Protection (PIP)
  • Coverage for uninsured / underinsured motorists
  • Security equipment coverage
  • Liability coverage for guest passengers
  • Coverage of custom parts and equipment
  • Harley-Davidson Replacement Cover

Safeco insurance is backed by Liberty Mutual and sold through a network of independent agents. Rates can be particularly low due to the many Safeco motorcycle insurance discounts, which include:

  • Quote delivery
  • Garage shed
  • Renewal discount
  • Multi-bike discount
  • Full discount
  • Riding club discount
  • Multi-policy discount
  • Discounts for owners
  • Discount on safety features
  • Discount experienced rider
  • Continuous coverage discount
  • Discount on motorcycle safety courses

To learn more about this provider, read our full Safeco Motorcycle Insurance Review.


Best AM Financial Strength Rating: A +

BBB Rating: A +

Progressive offers the following motorcycle insurance coverage options:

  • Liability for bodily injury
  • Liability for material damage
  • Collision coverage
  • Full coverage
  • MedPay
  • Coverage for uninsured / underinsured motorists
  • Death benefit
  • Total loss coverage
  • Accessory coverage
  • Coverage of transported contents
  • Improved protection against injury

Several Progressive motorcycle insurance quotes are presented in the table below.

Motorbike Type of jumper Politics Annual cost of motorcycle insurance
Yamaha SR400 2017 High risk Liability only $ 139.52
Low risk Liability only $ 74.97
Low risk

Full coverage

$ 398.07
Suzuki GSX-R600 2020 High risk Liability only $ 210.32
Low risk Liability only $ 107.24
Low risk

Full coverage

$ 2,083.55

To learn more about this provider, read our full review of Progressive Motorcycle Insurance.


Best AM Financial Strength Rating: A ++

BBB Rating: A +

State Farm offers the following motorcycle insurance coverage options:

  • Liability for bodily injury
  • Liability for material damage
  • Collision coverage
  • Full coverage
  • MedPay
  • Sidecar cover
  • Protective equipment cover

State Farm insurance is sold through local agents, so your costs may vary. However, working with an independent insurance agent can help you find discounts and deals that you might not otherwise be aware of.

To learn more about this provider, read our full State Farm Motorcycle Insurance Review.


Best AM Financial Strength Rating: A +

BBB Rating: A +

Dairyland offers the following motorcycle insurance coverage options:

  • Liability for bodily injury
  • Liability for material damage
  • Collision coverage
  • Full coverage
  • MedPay
  • SEED
  • Coverage for uninsured / underinsured motorists
  • Guest passenger
  • Physical damage plus
  • Special equipment cover

Our team contacted Dairyland for several motorcycle insurance quotes and received the following rates.

Motorbike Type of jumper Politics Annual cost of motorcycle insurance
Yamaha SR400 2017 High risk Liability only $ 118.18
Low risk Liability only $ 75.30
Low risk

Full coverage

$ 1,063.56
Suzuki GSX-R600 2020 High risk Liability only $ 190.67
Low risk Liability only $ 107.71
Low risk

Full coverage

$ 1,516.40

To learn more about this provider, read our full review of Dairyland Motorcycle Insurance.

Start comparing free and personalized motorcycle insurance cost estimates from these leading providers and others in your area by entering your zip code below.



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