Average Cost Of Motorcycle Insurance In Missouri

Riding a motorcycle can be a thrilling experience, but it also comes with its own set of risks. Motorcycle accidents can be dangerous and costly, which is why it's important to have adequate insurance coverage. In Missouri, motorcycle insurance is required by law. In this article, we will discuss the average cost of motorcycle insurance in Missouri, factors that affect the cost of insurance, and tips for getting the best rates.

What is the average cost of motorcycle insurance in Missouri?

The average cost of motorcycle insurance in Missouri is around $700 per year. However, this can vary depending on a number of factors, such as the type of motorcycle you own, your age, your driving record, and the level of coverage you choose.

For example, a young rider with a sports bike may pay more for insurance than an older rider with a cruiser. Additionally, riders with a history of accidents or traffic violations may also pay more for insurance.

Factors that affect the cost of motorcycle insurance

As mentioned earlier, there are several factors that can affect the cost of motorcycle insurance in Missouri. These include:

Type of motorcycle: Generally, sports bikes and high-performance motorcycles are more expensive to insure than cruisers or touring bikes.
Age: Younger riders may pay more for insurance than older riders due to their perceived higher risk.
Driving record: Riders with a history of accidents or traffic violations may have higher insurance rates.
Location: Where you live can also affect your insurance rates. Riders in urban areas may pay more for insurance than those in rural areas.
Level of coverage: The amount of coverage you choose will also affect your insurance rates. Higher coverage limits will generally result in higher premiums.

Tips for getting the best motorcycle insurance rates in Missouri

While there are several factors that can affect your motorcycle insurance rates, there are also several things you can do to get the best rates. Here are some tips:

Shop around: Don't settle for the first insurance quote you receive. Shop around and compare rates from multiple insurance companies.
Choose a higher deductible: A higher deductible can lower your insurance rates, but make sure you can afford to pay the deductible if you need to make a claim.
Take a motorcycle safety course: Completing a motorcycle safety course can not only make you a safer rider but can also lower your insurance rates.
Bundle your insurance: If you have other types of insurance, such as homeowners or auto insurance, consider bundling them together with your motorcycle insurance. This can often result in lower rates.
Maintain a good driving record: Avoid accidents and traffic violations to keep your insurance rates low.

Overall, the cost of motorcycle insurance in Missouri can vary depending on a number of factors. However, by shopping around and taking steps to reduce your risk, you can get the best rates for your motorcycle insurance.