Motorcycle insurance for an 18-year-old costs $945 per year on average. Geico offers the lowest motorbike insurance for 18-year-old riders at $811 per year, although costs vary greatly by state.
Aside from geography, your motorbike insurance costs are determined by your coverage, driving history, and gender. While motorcycle insurance premiums for 18-year-old motorcyclists are often high, you may save money by comparing quotes, qualifying for certain discounts, and joining your parent's policy.
- What is the cost of motorbike insurance for 18-year-olds?
- Quotes for 18-year-olds are the most affordable.
- How to Save Money on Motorbike Insurance for an 18-Year-Old
- Insurance for mopeds and scooters for 18-year-olds
How Much Does 18-Year-Old Motorbike Insurance Cost?
Motorcycle insurance for 18-year-olds is $945 per year, or $79 per month.
While firms use age to calculate motorcycle insurance rates, other factors, like as where you reside, contribute to the average cost of motorbike insurance. Rates in major U.S. states range by approximately $900 per year.
| State | Monthly Rate |
|---|---|
| Pennsylvania | $60 |
| New York | $73 |
| Texas | $75 |
| Average | $79 |
| Georgia | $85 |
| California | $101 |
Your gender might also have an impact on the cost of motorbike insurance. Normally, insurers offer the same or roughly the same price to both genders. Motorcycle insurance for an 18-year-old guy costs $939 per year on average, which is just approximately $13 less than coverage for an 18-year-old woman.
Most companies quote identical motorbike insurance rates for men and women, with only a 1% difference. Dairyland has the largest gender disparity, with a difference of $104 per year between 18-year-old males and women.
| Insurer | 18 Year Old | Percentage difference for men | |
|---|---|---|---|
| Men | Women | ||
| Allstate | $1,050 | $998 | 0.05 |
| Geico | $909 | $909 | 0 |
| Progressive | $1,037 | $1,037 | 0 |
| Dairyland | $759 | $863 | -0.12 |
Motorcycle Insurance Providers With The Lowest Rates For 18-Year-Olds
Geico offers the most affordable motorbike insurance estimates for 18-year-olds, starting at $811 per year.
The gap between the lowest and highest rates for 18-year-old motorbike riders, according to our quotation data, is $277 per year for males and $173 per year for women.
Several prominent motorbike insurance providers allow you to compare quotations right on their websites. Motorcycle insurance can often be requested and purchased online in under 10 minutes with providers like Progressive, Geico, and Allstate.
What accounts for the high average cost of motorbike insurance for 18-year-olds?
Younger motorcyclists are statistically more likely to be involved in accidents. Insurance firms take this statistics to suggest that 18-year-olds are among their riskiest clients, and more risk equates to higher insurance costs.
Because teenage riders are more likely to be involved in accidents, insurers hike their insurance premiums until they obtain more driving experience.
Insurance firms charging young riders expensive prices isn't limited to motorcycle insurance; it may also be tough to get cheap vehicle insurance for young riders. Riders are more likely to obtain cheaper rates as they age, as long as they have a clean driving record.
A vehicle insurance policy for an 18-year-old is far more expensive than one for a motorbike, with minimal coverage costing more than $2,000 per year. Nevertheless, we do not propose merely riding a motorbike instead of driving a car for economical reasons, as an accident is more likely to result in injuries and significant medical bills.
How To Save Money On Motorbike Insurance When You're 18
While motorcycle insurance for 18-year-olds is normally pricey, there are a few ways to save money on motorbike insurance. Some of the most straightforward methods to save money on motorbike insurance are to check prices, take advantage of discounts, and get the coverage via your parents.
Request discounts.
Motorcycle insurance companies frequently give discounts to more experienced drivers or consumers renewing their coverage, making these benefits unavailable to 18-year-olds. Nonetheless, teenage riders are eligible for a variety of discounts, including:
- Get a quote a few days before the start date of your policy.
- Set up automatic payments.
- Take a driving safety course.
- Get a valid motorbike endorsement for your driver's licence.
- Have an anti-lock braking system or an anti-theft device on your bike.
- Participate in several school-related honours organisations.
Mix Your Coverage With That Of Your Parents.
Consider asking your parents to obtain motorbike insurance via their current insurer if they already have vehicle insurance. Joining a parent's policy is less expensive for 18-year-old riders than buying your own policy, especially if your parents qualify for an insurance bundle discount.
How Much Does Moped And Scooter Insurance Cost For 18-Year-Olds?
Mopeds and scooters are virtually always covered by motorbike insurance policies. If you're 18 and searching for moped or scooter insurance, your best choice is to go via a motorbike insurance provider.
Methodology
We obtained internet quotations from leading motorcycle insurance providers to compute our motorcycle insurance prices for 18-year-olds with addresses in Austin, San Jose, Augusta, Buffalo, and Pittsburgh:Progressive Geico Dairyland Allstate
To ensure consistency, we obtained quotations for a 2020 Harley-Davidson Street 500 for both male and female 18-year-old riders. This bike was insured for:
Liability for bodily injury: $100,000 per person / $300,000 per accident.
Liability for property damage is $50,000 per incident.
To protect yourself and your valuables, we usually recommend buying additional insurance than the state requires. Although carrying comprehensive or collision coverage in addition to basic coverage is a good idea, adding extra coverage for an 18-year-old driver causes prices to skyrocket.