Insurance cost reflects risk: rider history, the bike's power and value, storage location, and coverage type. Young or inexperienced riders usually pay more. To lower premiums, take accredited safety courses, use approved security, compare specialist brokers and online quotes, and consider telematics or seasonal cover if appropriate.
What drives motorcycle insurance cost
Insurers price motorcycle policies based on risk. Your driving record, claims history, the bike's value and power, and where it is kept are the main factors. A clean license and no recent large claims will usually yield the lowest quotes. Past claims don't always disqualify you, especially if they were minor or occurred many years ago.
Bike details and modifications
Insurers consider engine size, age, market value and any modifications. More powerful or newer machines usually cost more to insure. Modifications that increase power or change handling can raise premiums or be excluded unless declared.
Location and security
Where you keep the bike matters. Insurers use your ZIP/post code to assess theft and accident risk. Storing a bike in a locked garage or shed, using immobilizers, secure chains, or GPS trackers often reduces premiums - but you may need to provide proof of security measures.
Age, experience and discounts
Younger riders typically pay higher premiums because statistically they make more claims. Completing a recognized safety course (for example, the Motorcycle Safety Foundation in the U.S. or equivalent local programs) can reduce costs. Multi-policy discounts (bundling auto and motorcycle) and multi-bike policies are common ways to lower your premium.
Choice of cover
How much you insure the bike for makes a big difference. Liability-only (third-party) cover is the cheapest legal minimum in many places. Third-party, fire & theft adds protection for theft or fire losses. Comprehensive policies cost more but cover accidental damage to your bike too. Choose the level that fits your risk tolerance and finances.
Modern options: telematics and comparison tools
Since the mid-2010s, telematics ("black box") policies that monitor riding behavior have become widespread. Safe riding recorded by telematics can reduce premiums for some riders. Online comparison sites and specialist motorcycle brokers help you compare quotes from multiple underwriters quickly.
Seasonal insurance and use-based savings
If you only ride in summer, some insurers offer seasonal or laid-up/suspended cover options. These reduce cost by limiting coverage to the months you ride. That approach is practical for hobbyists but not for year-round commuters.
Practical steps to lower your premium
- Keep a clean driving record and avoid small-but-frequent claims.
- Take an accredited safety course.
- Install approved security devices and keep the bike in secure storage.
- Compare quotes from specialist brokers and comparison sites.
- Consider telematics if you ride safely and want usage-based discounts.
- Evaluate coverage levels (liability vs. comprehensive) based on how much you rely on the bike.