Motorcycle insurance is a must for riders—but one of the most common questions people ask before buying a bike is simple:
“How much is motorcycle insurance?”
The answer depends on several factors, including your bike, riding experience, location, coverage choices, and even how you store your motorcycle. Some riders pay less than $100 per year, while others pay thousands.
This complete guide breaks down the average cost of motorcycle insurance, what affects your rate, typical price ranges by bike type, how coverage levels change cost, and proven ways to lower your premium.
This article is for educational purposes only and does not constitute legal or financial advice.
Average Cost of Motorcycle Insurance
In the United States, the average cost of motorcycle insurance typically falls between:
- $100–$300 per year for basic liability coverage
- $300–$800 per year for full coverage
However, these are averages. Your actual rate may be higher or lower depending on multiple variables.
Why Motorcycle Insurance Is Often Cheaper Than Car Insurance
Many riders are surprised to learn that motorcycle insurance is often less expensive than auto insurance.
Reasons motorcycle insurance can cost less:
- Motorcycles are driven fewer miles per year
- Lower average repair costs (depending on the bike)
- Smaller liability exposure compared to cars
- Seasonal riding in many regions
That said, certain motorcycles—especially high-performance models—can be very expensive to insure.
What Factors Affect Motorcycle Insurance Cost?
Insurance companies calculate motorcycle insurance premiums based on risk. The following factors have the biggest impact.
1. Type of Motorcycle
The motorcycle you ride plays a major role in determining insurance cost.
Typical insurance cost by bike type:
- Cruisers: Lower cost (Harley-Davidson Softail, Honda Shadow)
- Touring bikes: Moderate cost (Road Glide, Gold Wing)
- Sport bikes: Highest cost (GSX-R, R1, Ninja ZX-6R)
- Adventure bikes: Moderate cost
- Scooters: Very low cost
Sport bikes cost more to insure due to higher accident and theft rates.
2. Engine Size (CC)
Larger engines typically cost more to insure.
Typical pricing trend:
- Under 300cc: Lowest premiums
- 300cc–750cc: Moderate premiums
- 750cc–1200cc: Higher premiums
- 1200cc+: Varies by bike style
A 1200cc cruiser is often cheaper to insure than a 600cc sport bike.
3. Rider Age & Experience
Who you are matters just as much as what you ride.
General trends:
- Under 25: Highest premiums
- 25–40: Moderate premiums
- 40+: Lowest premiums
Riders with more years of experience and a clean riding record pay significantly less.
4. Riding Record & Claims History
Accidents, tickets, and claims increase your premium.
What insurers look at:
- Traffic violations
- At-fault accidents
- Prior insurance claims
A clean record can cut motorcycle insurance costs in half.
5. Location & State Requirements
Where you live affects insurance rates.
Higher insurance costs in:
- Urban areas
- States with high theft rates
- Regions with longer riding seasons
States with mild climates often have higher premiums because bikes are ridden year-round.
6. Coverage Type (Liability vs Full Coverage)
Your coverage selection has a huge impact on cost.
Liability-Only Insurance
- Covers damage you cause to others
- Does not cover your bike
- Lowest cost option
Average cost: $100–$300 per year
Full Coverage Motorcycle Insurance
- Includes collision and comprehensive
- Covers theft, vandalism, and accidents
- Required for financed motorcycles
Average cost: $300–$800+ per year
7. Deductible Amount
Your deductible is what you pay out of pocket before insurance covers a claim.
How deductibles affect cost:
- Higher deductible → lower premium
- Lower deductible → higher premium
Choosing a higher deductible can significantly reduce your monthly or annual cost.
8. How You Store Your Motorcycle
Insurers care about theft risk.
Storage options ranked from cheapest to most expensive:
- Locked garage (lowest cost)
- Carport or shed
- Driveway
- Street parking (highest cost)
Garaged motorcycles are less likely to be stolen or damaged.
9. Annual Mileage
Motorcycles ridden fewer miles cost less to insure.
Lower mileage means:
- Less exposure to accidents
- Lower claim probability
Weekend and seasonal riders often qualify for reduced rates.
10. Safety Courses & Riding Education
Many insurers offer discounts for completing motorcycle safety courses.
Common benefits:
- Lower premiums
- Improved riding skills
- Reduced accident risk
Completion certificates often qualify for multi-year discounts.
How Much Is Motorcycle Insurance by Rider Type?
New Rider
- $500–$1,500 per year (full coverage)
Experienced Rider (Clean Record)
- $150–$500 per year
Sport Bike Rider
- $800–$3,000+ per year
Older Cruiser Rider
- $100–$300 per year
How to Lower Your Motorcycle Insurance Cost
There are many proven ways to reduce your premium.
1. Choose the Right Motorcycle
Cruisers and touring bikes cost less to insure than sport bikes.
2. Increase Your Deductible
This lowers your premium significantly.
3. Bundle Insurance Policies
Combining motorcycle and auto insurance often results in discounts.
4. Store Your Bike Securely
A locked garage can reduce theft risk.
5. Take a Safety Course
Discounts can last multiple years.
6. Maintain a Clean Riding Record
Avoid tickets and accidents.
Is Motorcycle Insurance Required?
Most states require at least liability insurance to legally ride a motorcycle on public roads.
Minimum requirements vary by state and are subject to change.
If your motorcycle is financed, full coverage is typically required.
Does Motorcycle Insurance Cover Modifications?
Basic policies often do not automatically cover aftermarket modifications.
Examples of modifications:
- LED lighting upgrades
- Exhaust systems
- Custom paint
- Wheels and suspension
You may need additional coverage or to declare modifications for full protection.
Does LED Lighting Affect Insurance Cost?
In most cases, LED lighting does not increase insurance premiums.
In fact, safety-focused upgrades like brighter headlights and brake lights may reduce accident risk.
Always disclose major modifications if required by your insurer.
Motorcycle Insurance vs Self-Insurance
Some riders consider carrying minimal coverage.
Important considerations:
- Out-of-pocket repair costs
- Medical expenses
- Liability exposure
Even inexpensive insurance can provide major financial protection.
Common Motorcycle Insurance Myths
Myth: Motorcycle insurance is always expensive
Reality: Many riders pay less than $200 per year.
Myth: Older bikes cost more to insure
Reality: Older bikes often cost less.
Myth: Insurance isn’t needed for short rides
Reality: Most accidents happen close to home.
Quick Motorcycle Insurance Cost Checklist
- ✔ Bike type
- ✔ Engine size
- ✔ Rider experience
- ✔ Coverage level
- ✔ Deductible
- ✔ Storage method
Frequently Asked Questions (People Also Ask)
How much is motorcycle insurance per month?
Typically $10–$70 per month depending on coverage.
Is motorcycle insurance cheaper than car insurance?
Often yes, especially for cruisers and older riders.
Why is sport bike insurance so expensive?
Higher accident and theft rates.
Can I insure a motorcycle seasonally?
Yes—many insurers offer lay-up policies.
Does motorcycle insurance cover passengers?
Only if passenger liability coverage is included.
Final Thoughts: Motorcycle Insurance Is Often More Affordable Than You Think
Motorcycle insurance costs vary widely—but for many riders, it’s far more affordable than expected. By choosing the right bike, coverage level, and safety practices, you can keep premiums low while staying protected.
Before riding, make sure you understand your coverage, your risks, and your options. The right policy provides peace of mind—and keeps you riding confidently.
Protect your ride. Ride smart.
