Average Motorcycle Insurance Cost For 19 Year-Old
Motorcycles are a popular mode of transportation for many young adults. However, with the freedom that comes with owning a motorcycle, there also comes the responsibility of obtaining insurance coverage. Motorcycle insurance can be expensive, especially for 19-year-olds. In this article, we will discuss the average motorcycle insurance cost for 19-year-olds and what factors contribute to this cost.
Factors That Affect Motorcycle Insurance Cost
There are several factors that contribute to the cost of motorcycle insurance for 19-year-olds. These factors include:
- Age: Younger riders are considered higher risk and are therefore charged higher premiums.
- Driving record: A clean driving record can result in lower insurance premiums, while a poor driving record can result in higher premiums.
- Type of motorcycle: Certain types of motorcycles, such as sports bikes, are considered higher risk and are therefore charged higher premiums.
- Location: The location where the motorcycle is kept can affect insurance premiums. Urban areas with higher rates of theft and accidents can result in higher premiums.
- Level of coverage: The level of coverage chosen can affect insurance premiums. Higher levels of coverage will result in higher premiums.
Average Motorcycle Insurance Cost for 19-Year-Olds
The average cost of motorcycle insurance for 19-year-olds varies depending on the factors listed above. However, on average, 19-year-olds can expect to pay between $500 and $1,500 per year for motorcycle insurance.
It is important to note that this is only an estimate and that insurance rates can vary significantly based on a variety of factors. It is always a good idea to shop around and compare quotes from different insurance providers to find the best rates.
Tips for Lowering Motorcycle Insurance Cost
There are several things that 19-year-olds can do to lower their motorcycle insurance cost. These include:
- Take a motorcycle safety course: Taking a motorcycle safety course can demonstrate to insurance providers that you are a responsible rider, which can result in lower premiums.
- Choose a less expensive motorcycle: Choosing a less expensive motorcycle can result in lower insurance premiums.
- Keep a clean driving record: Maintaining a clean driving record can result in lower insurance premiums.
- Bundle insurance policies: Bundling motorcycle insurance with other insurance policies, such as auto or home insurance, can result in discounts on premiums.
- Shop around: It is always a good idea to shop around and compare quotes from different insurance providers to find the best rates.
Conclusion
While the average cost of motorcycle insurance for 19-year-olds can be expensive, there are several things that can be done to lower insurance premiums. By taking a motorcycle safety course, choosing a less expensive motorcycle, maintaining a clean driving record, bundling insurance policies, and shopping around for the best rates, 19-year-olds can save money on motorcycle insurance and enjoy the freedom that comes with owning a motorcycle.
