How much is bike insurance for a 21 year old

Motorcycle insurance is required in most states. Depending on the state you reside in and the person’s driving record, rates can vary widely from company to company. Here we go over some basics and do some research so you can find the best motorcycle insurance deal for your 21-year-old motorcyclist.

It’s fair to say that.

Reading: How much is bike insurance for a 21 year old

Young motorcycle riders often do not have adequate coverage or pay more than they should because they are not aware of discounts or different types of insurance that provide good coverage for less.

age and gender

It’s important to understand that if you’re a man under the age of 25, you’ll pay more for your auto or motorcycle insurance than any other tranche. According to statistics, this is the age group where men tend to be less responsible, so until a man reaches the age of 25, the rates will be higher.

state or zip code

Again, motorcycle insurance rates vary from state to state. some states charge up to $300 or more a year for motorcycle insurance.

It’s a good idea to start by determining which states will offer the lowest rates for motorcycle insurance. If you’re not in one of these states, you’ll want to receive as many discounts as possible to help lower your rates.

types of motorcycle

There are many different types of motorcycles. from sports bikes to touring bikes and cruisers, each model tends to have its own pros and cons.

Another factor that will help determine the rate is the total cost of the bike, the year, the make, and the crash safety rating. insurance companies take into account all these details to determine a fair rate.

Some motorcycles tend to have more accidents than others, and they will use this information to determine how much they will charge.

Insurance companies will check the safety rating to help determine your premiums and take into account all potential hazards. bikes with anti-lock brakes will be less expensive to insure than a bike without such features.

don’t overlook it:

another determining factor is the “theft rate”. some bikes are more expensive and are stolen more frequently than others. as it happens with cars, it will also happen with motorcycles.

The best way to get a decent rate is to find out which bikes are insured for less than others. A quick comparison between insurance policies can often answer this question and help a person determine which type of bike to buy for the lowest rates.

See also  How Much Does it Cost To Have a Baby? [Year] Averages - Forbes Advisor

how much does motorcycle insurance cost for a 21 year old?

See also: How to save money on car insurance for young drivers

The average cost of motorcycle insurance for a 21-year-old is about $900 to $1,000.

Although the main cause of the expense is the inexperience of the driver, there are ways to reduce the premium while still providing good coverage.

  • Higher Deductible: This is the most common method of lowering monthly premiums. a higher deductible means more out-of-pocket costs if insurance is needed, but lower monthly premiums.
  • State Minimum: If you don’t need a loan to purchase your motorcycle, you may want to consider getting the state minimum when it comes to your insurance policy. Most liability uninsured motorists are considerably less expensive than comprehensive, although it does not provide the same coverage.
  • safety course: Many insurance companies will recognize a safe driving course that, once completed, will reduce premiums by 10% or more. the course lasts a few hours and provides useful driving tips to keep you safe on the road.
  • Bundling: If you have home or other insurance with the same provider, combining them can save you a significant amount of money. Bundling is a common practice among insurance companies, so check with them to see if they can offer this discount.
  • Anti-Theft Devices: If you have insurance or coverage against theft, adding anti-theft devices such as locks and chains, ignition switches and the like, which are recognized in the policy, can greatly reduce motorcycle insurance average for a 21 year old.
  • Seasonal Insurance: If you only ride your motorcycle in the warmer months of late spring, summer, and early fall, you can apply for seasonal insurance, which can save you a considerable amount of money. Seasonal insurance, which covers six months of the year, can cost half the amount of standard insurance policies.
  • types of motorcycle insurance: choose according to your needs:

    While the average cost of motorcycle insurance for a 21-year-old is high, that depends in part on the type of policy chosen. there are several different types of plans available for this age so they can choose the one that best suits their needs.

    Comprehensive – This type of motorcycle insurance provides comprehensive coverage that combines liability, collision, uninsured motorist, and more. if a loan was used to purchase the vehicle, the lender will usually require comprehensive insurance to be purchased. Although this type of insurance offers comprehensive coverage, it is also the most expensive.

    collision: provides coverage for damage in the event of a collision with another motorcycle or vehicle. This type of coverage is cheaper than comprehensive coverage, but it also covers fewer events that can cause damage to your bike or yourself in the event of an accident.

    Liability: Along with uninsured motorists, liability is the minimum insurance required by most states. This covers other drivers, passengers and vehicles in the event of an accident and it is your fault. liability is considerably less expensive than comprehensive coverage and is very popular.

    Uninsured/Underinsured Driver: If the other driver is at fault and they don’t have insurance or don’t have enough coverage, then this type of insurance will provide what is needed in the event they are at fault.

    Theft: Due to their relatively small size and value, motorcycles are a prime target for theft. This insurance will cover the loss of a motorcycle that has been stolen. typical motorcycle insurance for 21-year-olds often covers theft. learn how theft insurance works and the claim process.

    med pay – This is another popular form of insurance that covers your medical bills if you are injured in an accident. this type of insurance is often combined with liability as part of a plan that is still less expensive than comprehensive.

    discount options

    There are many great discounts available for motorcycle insurance. start by attending a good motorcycle education course and learn everything you can about motorcycle safety.

    Combine a motorcycle insurance policy with other insurance policies to get a multi-policy discount. You can do it by hiring motorcycle insurance with normal car insurance, renters or home insurance, etc.

    time to save more:

    Then come the safe driver discounts. those without tickets or accidents can often receive a deep discount on motorcycle insurance.

    Insurance companies will look back up to 7 years depending on the company for any violations, so be safe and be wise.

    See also: How much is insurance on a 350z for a teenager

    remember that the safe driver discount may take into account that the 21-year-old has been a licensed motorcycle driver since he was 16. if that 16-year-old keeps his record clean With no fines or accidents, this will be a very good thing for your future insurance rate.

    Grade Point Average: If the 21-year-old is still in school, the GPA can also make a big difference in rates. according to many statistics, higher grade point averages tend to be safer drivers. perhaps those with a higher GPA don’t need to brag as much and are therefore considered more confident.

    distance has another determining factor. those who drive long distances will be charged more than those who drive only a few miles each way on their daily commute.


    When completing the application, a box must be checked that designates whether the motorcycle is a pleasure/leisure or business motorcycle. You’ll want to make sure you answer this question accurately to get the best rates possible. don’t lie if you’re not using it for pleasure/leisure, as this could get you in trouble.

    secondary driver

    21 Year Old Couple Posting In front of A BikeIf there is an adult over the age of 25 that is the main driver of the motorcycle, this may also lower the insurance rates. Consider making the person under 21 the secondary driver to see if you can get a lower rate.

    again, please note that if the 21 year old is the primary driver this will not work, but this can often drive at a reduced rate where possible.

    comparison store

    When it comes to motorcycle insurance, just like with any other insurance, it’s very important to shop around. each carrier has its own standardized rate schedule, and you’ll need to shop apples to apples to make sure you’re getting what you need at the best possible rate.

    Check with multiple insurance companies before committing to a single company. when comparing, be sure to keep in mind the same limits and terms for your quotes.

    key tips

    Be sure to ask the agent to provide you with a quote that includes all possible discounts. If one company offers a discount that another doesn’t, it’s worth asking if they have a similar discount.

    Consider major companies like geico, progressive, and none other than harley davidson when looking for motorcycle insurance quotes.

    Keep the following in mind when searching for quotes:


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button