Average Cost Of Motorcycle Insurance In Georgia
Georgia is a popular state for motorcycle riders. The state is home to beautiful landscapes, scenic roads, and great weather for riding. However, before getting on the road, it is important to have motorcycle insurance. Motorcycle insurance provides protection for riders in the event of an accident or theft. In this article, we will discuss the average cost of motorcycle insurance in Georgia.
Factors Affecting Motorcycle Insurance Rates in Georgia
The cost of motorcycle insurance in Georgia can vary depending on several factors, including:
- Age and experience of the rider
- Type of motorcycle
- Driving record
- Location
- Level of coverage
Younger and less experienced riders typically pay more for motorcycle insurance due to their increased risk of accidents. The type of motorcycle also plays a role in determining insurance rates. Sports bikes, for example, are more expensive to insure than cruisers. A clean driving record can help lower insurance rates, while living in a high-crime area can increase rates. Lastly, the level of coverage chosen by the rider will also impact the cost of insurance.
Average Cost of Motorcycle Insurance in Georgia
According to ValuePenguin, the average cost of motorcycle insurance in Georgia is $563 per year, or just under $50 per month. This is slightly below the national average of $519 per year. However, it is important to note that this is just an average and individual rates can vary widely based on the factors mentioned above.
Motorcycle insurance rates in Georgia also vary by insurance company. It is recommended that riders obtain quotes from multiple insurance providers to find the best rate for their coverage needs.
Tips for Lowering Motorcycle Insurance Rates in Georgia
While motorcycle insurance rates in Georgia can vary based on several factors, there are some tips riders can follow to help lower their rates. These include:
- Take a motorcycle safety course
- Choose a bike with a lower engine displacement
- Bundle motorcycle insurance with other policies, such as auto or home insurance
- Opt for a higher deductible
Taking a motorcycle safety course can help reduce insurance rates by demonstrating to insurance companies that the rider is less of a risk on the road. Choosing a bike with a lower engine displacement can also lead to lower insurance rates. Bundling motorcycle insurance with other policies can result in a multi-policy discount, and opting for a higher deductible can lower monthly premiums.
Conclusion
Motorcycle insurance is an important consideration for riders in Georgia. The cost of insurance can vary based on several factors, including age, experience, type of motorcycle, driving record, location, and level of coverage. While the average cost of motorcycle insurance in Georgia is $563 per year, individual rates can vary widely. By following the tips mentioned above, riders can help lower their insurance rates and ensure they have the protection they need on the road.