Average Motorcycle Insurance Cost For 19 Year Old
Motorcycle insurance is a type of insurance that covers the rider and the motorcycle in case of an accident, theft, or damage. The cost of motorcycle insurance varies depending on several factors, including the rider's age, driving history, location, and the type of motorcycle being insured. In this article, we will discuss the average motorcycle insurance cost for 19-year-olds in the United States.
Factors That Affect Motorcycle Insurance Cost
Before we dive into the average cost of motorcycle insurance for 19-year-olds, let's take a closer look at the factors that affect the cost of motorcycle insurance:
- Age: Younger riders are considered to be high-risk drivers, which means they are more likely to get into an accident. As a result, they may have to pay higher insurance premiums.
- Driving history: If you have a clean driving record with no accidents or traffic violations, you may be eligible for lower insurance premiums.
- Location: The location where you live can also affect your motorcycle insurance cost. If you live in an area with a high crime rate or a high number of accidents, you may have to pay more for insurance.
- Type of motorcycle: The type of motorcycle you ride can also impact your insurance cost. Sport bikes and high-performance motorcycles are generally more expensive to insure than cruisers or touring bikes.
- Deductible: The deductible is the amount of money you have to pay out of pocket before your insurance kicks in. If you choose a higher deductible, your insurance premiums may be lower.
Now that we have a better understanding of the factors that affect motorcycle insurance cost, let's take a look at the average cost of motorcycle insurance for 19-year-olds.
Average Motorcycle Insurance Cost for 19-Year-Olds
According to a study by ValuePenguin, the average cost of motorcycle insurance for 19-year-olds is $1,233 per year. However, this is just an average, and your actual cost may vary depending on the factors we mentioned earlier.
It's important to note that the cost of motorcycle insurance can vary significantly depending on the insurance company you choose. It's a good idea to shop around and get quotes from multiple insurance providers to find the best rate.
Tips for Lowering Your Motorcycle Insurance Cost
If you're a 19-year-old looking to lower your motorcycle insurance cost, there are several things you can do:
- Take a motorcycle safety course: Many insurance companies offer discounts to riders who have completed a motorcycle safety course.
- Choose a less expensive motorcycle: As we mentioned earlier, the type of motorcycle you ride can impact your insurance cost. Choosing a less expensive motorcycle may result in lower insurance premiums.
- Choose a higher deductible: Choosing a higher deductible can lower your insurance premiums, but keep in mind that you'll have to pay more out of pocket if you get into an accident.
- Bundle your insurance: Many insurance companies offer discounts to customers who bundle their motorcycle insurance with other types of insurance, such as car or home insurance.
- Maintain a clean driving record: As we mentioned earlier, having a clean driving record can result in lower insurance premiums.
Conclusion
Motorcycle insurance can be expensive, especially for 19-year-olds who are considered high-risk drivers. However, by understanding the factors that affect motorcycle insurance cost and taking steps to lower your premiums, you can save money on insurance while still enjoying the freedom and thrill of riding a motorcycle.