Motorcycle Insurance Cost
The average cost for motorcycle insurance in the U.S. is $519 a year. The factors that affect your insurance premiums are:
Drivers under the age of 25 will pay higher premiums. This is due to having less driving experience and statics prove they have more accidents.
Riders with a clean record will pay lower premiums. Although riders with accidents and tickets on their record will pay more.
The motorcycle you insure will also affect your insurance premium. Price, age and horsepower are factors that determine higher or lower insurance premiums. Report any customization because that may also affect your insurance premium.
Theft and accident rates in your area will also affect motorcycle insurance rates. Having a place to store your motorcycle, like a garage, may help reduce insurance costs.
Type of Coverage Needed
There is mandatory liability insurance that you must purchase for your motorcycle. You may also buy more endorsements for more protection. Additional endorsement and your deductible amount will increase or decrease your insurance costs.
Do you need more information about motorcycle insurance coverage, roadside assistance, or bodily injury coverage? Our agents and customer service representatives are here to help with your motorcycle insurance company needs. Call us today at 1-888-949-6289 or visit your nearest Insurance Navy location. For your convenience, Insurance Navy is open from 8 a.m. to 9 p.m. CST, 7 days a week.
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