How Much Is Motorcycle Insurance for an 18-Year-Old?

Motorcycle insurance for 18-year-olds is more expensive than other types of driver insurance. The cheapest motorcycle insurance for 18-year-old drivers is $582 per year, but premiums can vary greatly depending on your state and insurance provider.

Aside from location, the price is determined by the coverage limits you select, your driving history, gender, and other factors. While motorcycle insurance rates for young drivers are typically high, you can save money by comparing quotes, qualifying for certain discounts, and having your parents purchase the policy.

How much does motorcycle insurance for 18-year-olds cost?

We discovered that the average annual cost of motorcycle insurance for 18-year-olds is $998, or about $83 per month.

While companies use age to determine motorcycle insurance rates, other factors, such as where you live, contribute to the average cost of motorcycle insurance. The average cost of motorcycle insurance for 18-year-old riders in the country's largest cities is depicted below. Despite the fact that we requested the same coverage for the same motorcycle, we discovered that rates can vary by up to $700 per year.

Your gender can also have a slight impact on the cost of motorcycle insurance. Typically, insurers quote the same or nearly the same figure to both genders. We discovered that the average cost of motorcycle insurance for an 18-year-old male is $928 per year, which is only about $11 less than coverage for an 18-year-old female.

As shown in the table below, most providers offer comparable motorcycle insurance rates to men and women. Dairyland has the greatest gender disparity, with a 4% difference between average quoted prices for men and women.

Why is the average cost of motorcycle insurance for 18-year-olds so high?

Younger drivers are statistically more likely to be involved in an accident. Insurance companies interpret this data to mean that 18-year-olds are among their riskiest customers, and higher risk equates to a higher insurance cost.

Insurance companies charging young drivers high rates isn't limited to motorcycle insurance; it can also be difficult to find cheap auto insurance for young drivers. However, as drivers get older, they are more likely to get lower rates as long as they don't get into any accidents.

How to save on motorcycle insurance as an 18-year-old

While motorcycle insurance for 18-year-olds is generally expensive, there are a few ways to save money on motorcycle insurance. Some of the most straightforward ways to reduce the cost of your motorcycle insurance are to compare rates, take advantage of discounts, and purchase the policy through your parents.

Compare rates from multiple insurers

We recommend comparing the prices of motorcycle insurance offered by various companies. The cost of motorcycle insurance can vary greatly depending on the provider.

The difference between the lowest and highest rates for 18-year-old motorcycle riders, according to our quote data, is $789 per year for males and $849 per year for females.

Many large motorcycle insurance companies make it simple to compare quotes by allowing you to do so directly on their websites. We've found that with companies like Progressive, Geico, and Nationwide, you can often request a quote and purchase coverage online in under five minutes.

Utilizing discounts

Motorcycle insurance companies frequently offer discounts to more experienced riders or policyholders renewing their coverage, making these discounts unavailable to 18-year-olds. However, there are numerous discounts available to even young riders, including:

• Requesting a quote a few days before the start date of your policy
• Enrolling in automatic payments
• Completing a safety training course
• Holding a valid motorcycle endorsement on your license
• Having anti-lock brakes or an anti-theft device on your bike
• Being a part of some school-affiliated organizations

Obtain coverage through your parents

If your parents already have auto insurance, consider asking them to add motorcycle insurance to their policy with their current insurer. When compared to the cost of a standalone policy, this is a more cost-effective option for 18-year-old drivers.

Because of the benefit of a bundle discount for insuring multiple vehicles, your parents' insurance rates are likely to be lower than yours. If your parents own a home, they may be eligible for an additional discount. This route, however, necessitates that your parents have a clean driving record.

What about moped insurance and scooter insurance for 18-year-olds?

Almost all motorcycle insurance policies include coverage for mopeds and scooters. Insurance policies designed specifically for mopeds and scooters are uncommon. If you're 18 and looking for moped or scooter insurance, your best bet is to go through a motorcycle insurance company.

Methodology

We used addresses in New York City, Los Angeles, and Chicago to calculate motorcycle insurance rates for 18-year-olds. The following businesses provided online quotes:

• Progressive
• Geico
• Dairyland
• Allstate
• Nationwide

We used a sample rider profile for a 2016 Honda Rebel CMX250C to keep things consistent across quotes. Quotes were obtained for both male and female 18-year-old riders. We insured this bike for the following amounts:

• Bodily injury liability: $100,000 per person / $300,000 per accident
• Uninsured/underinsured motorist (UIM) coverage: $100,000 per incident / $300,000 per accident
• Property damage liability: $50,000 per incident

Furthermore, in states where UIM was required, we added this coverage for $100,000 per person / $300,000 per accident to align with our chosen bodily injury liability coverage.

To protect yourself and your assets, we usually recommend getting more insurance than the state's minimums. Although carrying comprehensive or collision coverage in addition to basic coverage is a good idea, adding this coverage for an 18-year-old driver frequently caused our sample rates to fluctuate dramatically.