Honda, Kawasaki, and Yamaha have some of the cheapest sportbikes to ensure. As with any motorcycle, the more lightweight it is, the cheaper it will be to insure, generally. This is because it has a smaller engine and can’t go as fast, thereby reducing claim costs and saving insurance companies money.

Is motorcycle insurance cheaper with ABS?

There’s a reason insurance companies offer discounts for anti-lock brake systems (ABS): They save lives and prevent claims. The rate of fatal crashes for ABS-equipped bikes is 31 percent lower than for those without, says the Insurance Institute for Highway Safety. If you’re a newbie, ABS is even more important.

What’s the average cost of insurance for a motorcycle?

The average cost for motorcycle insurance in the U.S. for 2020 was $702. 2  Here are some examples of drivers with various characteristics and the amounts they might expect to pay for a year of premiums. 25 to 60 Years Old: Good Driving Record, Liability-Only Coverage, Cruiser or Touring Motorcycle

How old do you have to be to get motorcycle insurance?

These variables set you up for the lowest motorcycle insurance costs. Drivers above the age of 25 with a safe driving record often get good prices.

How much does motorcycle insurance cost at Progressive?

Between 2019 and 2020, the average annual cost for a liability-only motorcycle insurance policy at Progressive ranged from $163.19 ($13.60/month) in North Dakota to $364 ($30.35/month) in Michigan. The cost of motorcycle insurance depends on many factors, including your location, age, type of bike, riding history, and coverage selection.

Where is the best place to get motorcycle insurance?

The more people riding motorcycles in your state, the less your insurance will cost. More insured bikes lead to lower motorcycle insurance rates. The states with the most riders and often the best rates for insurance are North Dakota, Iowa, and Oklahoma.