How to Lower Motorcycle Insurance Rates (2024)

FAQs

How to Lower Motorcycle Insurance Rates? ›

Year-Round Riding Season

Unlike other states with harsh winters and limited riding opportunities, California's mild climate allows motorcyclists to hit the road all year long. This increased time on the road leads to a higher likelihood of accidents, which in turn drives up insurance rates.

Year-Round Riding Season

Unlike other states with harsh winters and limited riding opportunities, California's mild climate allows motorcyclists to hit the road all year long. This increased time on the road leads to a higher likelihood of accidents, which in turn drives up insurance rates.

Riding a Motorcycle Won't Affect Your Life Insurance Rates, But These 12 Things Will. Every year, thousands of people die in motorcycle accidents on U.S. highways and freeways. In 2021, motorcyclists accounted for more than 5,932 fatalities and were 24 times more likely to die in an accident than someone in a vehicle.

Good. Every engine manufacturer specifies a minimum octane rating requirement for fuel. The majority of motorcycle engines, including all current Harley-Davidson engines, require 91 octane or higher (Premium) fuel, thanks to high compression ratios.

As most motorcycles are cheaper than cars, you can generally expect motorcycle insurance to be cheaper than coverage for a standard vehicle.

Generally, owning a motorcycle is relatively cheaper than having a car. It has a lower initial cost, it is fuel efficient, and the insurance cost is also lower. However, these factors are just some of the ones you should consider when comparing the cost of commuting.

What is the safest state for motorcycle riders? ›

According to recent statistics and the qualities that constitute “safe states,” Minnesota, California, Washington, Oregon, Utah, Vermont, New Hampshire, North Dakota, Arizona, and Colorado are some of the safest states to ride motorcycles.

Motorcycle insurance protects you, your bike and your finances. A good policy will help pay to repair or replace your bike, cover your medical bills if you're injured and help pay for damages you might cause to other people or their property in a covered accident.

Riders come at an extra cost—on top of the premiums an insured party pays. Riders come in various forms, including long-term care, term conversion, waiver of premiums, and exclusionary riders. In some cases, a policyholder may not be able to add a rider after the policy has been initiated.

Many life insurance riders may not be worth the extra cost compared to their usefulness. Try to weigh the rider's cost with the financial risk when determining if a rider is worth it. Accelerated death benefits riders are typically automatically included on policies at no extra charge.

Inexpensive bikes that cost less to repair and are lightweight and easy to handle, such as the Honda Rebel 300 and the Suzuki SV650, are some of the cheapest to insure motorcycles.

California motorcycle insurance costs an average of $785 per year for full coverage based on quotes we received. For minimum liability coverage, California motorcycle insurance is $264 per year based on our cost research.

Cheapest motorcycle insurance in Florida

Dairyland has the most affordable motorcycle insurance in Florida. Full coverage insurance from Dairyland costs $24 per month, which is 55% cheaper than the Florida state average. The average cost of motorcycle insurance in Florida is $54 per month for a full coverage policy.