What Does Motorcycle Insurance Cost? Find Rates and Cheap Coverage

Finding the right motorcycle coverage can be a hassle. With all of the options and agencies vying for your business, how can you tell which one is right for you?

By the end of this blog, you will understand the types of motorcycle insurance policies available, and what that general cost to you will look like. Plus, you will be armed with specific information to help you make an educated decision.

Rider Demographics

Before you can choose the coverage level and price that’s right for you, understand that several factors determine the cost of coverage. A rider’s cost for coverage may be determined by:

  • Age – drivers under 25 or over 65 typically pay more for insurance because these drivers present more dangers on the road and therefore are considered higher risk.
  • Address or Residence
  • Driving Record
  • Credit History
  • Type of Bike

Insurance rates vary by states. Value Penguin has a breakdown of the average motorcycle insurance rates by state in 2017, as well as the most common types of claims submitted.

Types of Coverage

In addition to personal demographics, insurance rates are determined by the level of coverage you choose. To choose the coverage type that’s right for you, you must first understand what each level of coverage means.

For a more in-depth discussion of insurance coverage types, read this motorcycle insurance guide by NerdWallet. To understand motorcycle vs car insurance coverage read this guide. Here is a basic breakdown of coverage types:

  • Collision insurance pays for your repairs if you are in an accident, minus the cost of your deduction
  • Comprehensive insurance helps to pay for your vehicle if it is damaged or stolen
  • Medical Payment coverage helps to pay medical bills if yourself of a passenger is injured in an accident
  • Personal Injury protection helps to pay medical bills if yourself, a passenger or a pedestrian is injured.

According to Financial Web, the average cost of least liability insurance is between $100 and $400 a year, but remember, rates may be higher or lower for you depending on your demographics and the level of coverage you choose.

Getting a Good Quote

These days, you can get a quote online for any level or type of vehicle coverage. Shop around and compare prices to help you find the best rate. Progressive Auto insurance lets shoppers compare their rates to the rates of other leading insurance companies, which helps you find the best quote.

However, if you don’t want to rely directly on an insurance company for your quote, Upside Insurance ( says to try a third-party broker, like NerdWallet, or a local agent to get quotes from more than 60 insurance companies. Ultimately, even if you find a great quote online, still call an agent directly to see what types of deals they may have to offer. You could potentially be eligible for local discounts that may not be found online.

Now you are fully informed, so go confidently and drive safely!


How to Prep Your Motorbike for Moving Day

Even though it’s not usually a pleasant experience, moving is an inevitable part of life. The first thing that may come to mind when contemplating a move is packing up box after box of your personal effects before the movers arrive. But what do you do with everything that won’t fit in a box, like your various modes of transportation? If you’re reading this, you’re likely an avid motorbike rider. One of the most critical parts of your move will be making sure your bike, or bikes, make it safely to your new home.

This post will address the most popular methods of moving your motorbike to help you decide which method works best for your situation. Make certain you check in your motorbike’s instruction guide for specific moving directions and safety measures.

1. Drive It Yourself

Transporting your motorcycle and your belongings at the same time can save you a good bit of money and effort and is certainly less trouble than returning to fetch your bike separately. However, it may be possible for you to drive the bike yourself if you have movers handling the rest of your goods and have time to make a road trip out of it. If you’re moving out of state, it will likely take the movers at least a week to catch up with you, so you should have plenty of time to get the bike there before they arrive.

If you do plan on driving your motorbike, don’t forget to add in the additional gas costs when you’re figuring out your moving budget. Now’s a great time to give your bike a complete tune-up to ensure that it is road ready. Make sure you plan your moving day to avoid any nasty weather conditions during your trip.

2. Lease a Motorbike Trailer

Instead of driving the bike yourself, you can simply tow it by leasing a motorbike trailer that is specifically outfitted for securely transporting motorbikes, like this one from U-Haul. These motorbike haulers usually contain pre-built wheel immobilizers, heavy-load securing anchors, and inclines to make loading easy. You might decide to lease an encapsulated freight trailer for even more security as well. Take time to get familiar with the type of motorbike trailer you’re renting before you move, and be sure you have the securing anchors that are needed to adequately tie down your motorcycle. If you do get a motorbike trailer, think about buying some ratcheted securing anchors so you’ll know your bike will get there unscathed.

3. Drive It in a Pickup

If you have a pickup truck or are planning to rent one, it might be possible to place your motorbike in the flatbed. If you’re unable to lift your motorcycle into the bed without difficulty, think of buying a loading platform to help you to load the motorcycle onto the truck. Fasten your motorcycle down to protect it with wheel immobilizers and securing anchors, and make sure your tailgate is closed all the way.

4. Have It Transported by Movers

Having your motorcycle hauled by the moving company along with your other household belongings is another option. However, most interstate movers will require the bike be completely drained of gasoline and other liquids. Others may require you to load it yourself onto the moving truck, as some movers will not touch motorcycles or any type of equipment that runs on combustible fuel. If you are considering going this route, Great Guys Moving suggests checking with your mover well in advance of moving day to make sure this plan will fly.

Regardless of which option you choose to move your motorcycle, keep in mind that looking through your motorbike maker’s hauling instructions is one of the most crucial tasks for a successful move. The suggested anchor locations and moving tips are variable between makes and models; getting this right will prevent damage to your bike’s frame. Once you’ve relocated, you’ll also need to read up on your new home state’s motorcycle laws and get a new license.