How Much Do You Pay for Motorcycle Insurance?

Motorcycles are a unique form of transportation that offer freedom and joy. However, they also come with their own set of liabilities. One of the most important aspects to consider is motorcycle insurance. The cost can vary significantly based on several factors. Let's delve into the details.

Motorcycle Insurance in Norway

For some motorcycles, like my 30-year-old Kawasaki ZX-6, the insurance costs can be surprisingly low. In Norway, I pay approximately 200 NOK per year, covering road tax as well. My insurance includes third party liability, CDW, fire, theft, and roadside assistance. However, since I opted for vintage vehicle insurance, I am limited to 6,000 km per year. If I want to ride more, I need to switch to regular insurance, which is slightly more expensive.

Motorcycle Insurance in the UK

The situation in the UK is quite different and more complex. The cost of motorcycle insurance in the UK depends on several factors such as the bike size and value, where you live, if the bikes are garaged, and the type of insurance you choose.

For instance, if your bikes are in a brick-built garage with a solid tile roof, steel-locked and alarmed doors, you can expect better prices. Moreover, factors such as the anticipated annual mileage, occupation, age, no-claims bonus, bike usage (social, domestic, or commuting), and the type of cover (fully comprehensive or third party, fire, and theft) all play a role in determining the cost.

For context, I have four motorcycles on a single policy, and I say I will do less than 4,000 miles per year per bike. Factoring in my no-claims status and my age, I pay 420 GBP per year for fully comprehensive cover and a 300 GBP excess on any claim.

Average Costs Across the U.S.

The cost of motorcycle insurance in the United States can vary widely depending on your location. Our comprehensive study of all 50 states revealed that the average cost for full-year coverage is approximately $721. It’s advisable to get multiple quotes to find the best price as the cost of coverage can vary significantly based on your specific circumstances.

No matter where you live, it’s essential to make sure your motorcycle is protected. A well-protected motorcycle can prevent significant financial losses in case of an accident, theft, or damage. Motorcycles are an integral part of many lives, representing freedom and passion.

Conclusion

As a biker, understanding motorcycle insurance is crucial. Whether you're in Norway, the UK, or the United States, the cost can be influenced by various factors. We recommend reading through our detailed guide for more information on how much motorcycle insurance will cost you. Stay safe and keep enjoying the thrill of riding.

Related Resources

We encourage you to check out our detailed analysis and quotes for motorcycle insurance across different states in the U.S. While not listed here, you can easily find quotes for the various states by clicking here.

By understanding these details, you can ensure that your motorcycle is properly insured and protected. Happy riding!