Cheap Motorcycle Insurance for New Riders
Getting on a motorcycle for the first time is an exciting experience. The freedom of the open road, the thrill of speed, and the convenience of maneuvering through traffic make riding a motorcycle an appealing choice. However, as a new rider, one of the most important things you need to consider is cheap motorcycle insurance for new riders.
Motorcycle insurance is a legal requirement in most states, and it serves as financial protection in case of accidents, theft, or damages. Unfortunately, new riders often face higher insurance rates due to their inexperience. But don’t worry—there are ways to secure affordable coverage without breaking the bank. In this guide, we’ll explore how to find cheap motorcycle insurance, factors affecting your premium, top insurance providers, and tips to lower your costs.
Why Do New Riders Pay Higher Motorcycle Insurance Rates?
Insurance companies assess risk when determining premium rates. Since new riders have less experience on the road, they are statistically more likely to be involved in accidents. This increased risk leads to higher insurance costs. Several factors contribute to the high premiums for new riders:
- Lack of riding experience – Inexperienced riders are more prone to accidents.
- Higher likelihood of claims – New motorcyclists file more insurance claims than experienced riders.
- Motorcycle type – Sportbikes and high-performance motorcycles are more expensive to insure.
- Age – Younger riders, especially those under 25, often pay the highest premiums.
- Location – Living in an area with high accident rates or theft risks increases insurance costs.
How to Find Cheap Motorcycle Insurance for New Riders
Finding cheap motorcycle insurance for new riders is possible with the right strategies. Here’s how you can lower your insurance costs.
1. Choose the Right Motorcycle
The type of motorcycle you ride significantly impacts your insurance premium. Avoid high-performance bikes, such as sportbikes, as they come with higher risks and, therefore, higher insurance rates. Instead, consider:
- Cruisers – These bikes are typically cheaper to insure due to their lower speed and power.
- Standard Motorcycles – Good for beginners and more affordable to cover.
- Touring Bikes – While heavier, they are considered safer and may have lower rates.
2. Take a Motorcycle Safety Course
Completing a Motorcycle Safety Foundation (MSF) course (MSF) can help new riders improve their skills and qualify for insurance discounts. Many insurance providers offer savings of up to 15% for riders who complete a safety course.
3. Compare Quotes from Multiple Insurance Companies
Shopping around is one of the best ways to find affordable coverage. Different insurers offer different rates, so use comparison sites like:
By getting multiple quotes, you can find the most cost-effective option for your needs.
4. Opt for Higher Deductibles
Your deductible is the amount you pay out of pocket before insurance coverage kicks in. Choosing a higher deductible can lower your monthly premium. However, be sure you can afford to pay the deductible in case of an accident.
5. Bundle Your Insurance Policies
If you already have car or home insurance, consider bundling your policies with the same provider. Many companies offer discounts for customers who purchase multiple types of insurance.
6. Maintain a Clean Riding Record
Safe riding habits will help you avoid accidents and traffic violations, which, in turn, will lower your insurance costs over time.
7. Install Anti-Theft Devices
Motorcycles are easier to steal than cars, making theft a major concern for insurers. Installing anti-theft devices such as disc locks, alarms, or GPS tracking systems can qualify you for discounts on your policy.
8. Reduce Your Coverage if Possible
If you own an older or low-value motorcycle, you might not need full coverage. Consider opting for:
- Liability-only insurance – Covers damages you cause to others but not your own bike.
- Comprehensive coverage – Protects against theft and non-collision damages.
- Collision coverage – Pays for damages to your bike from an accident.
Choose the coverage that fits your budget and riding needs.
Best Cheap Motorcycle Insurance Companies for New Riders
1. Progressive (Progressive Motorcycle Insurance)
Progressive offers affordable motorcycle insurance with discounts for completing safety courses, bundling policies, and switching from another provider.
- Best for: Customizable coverage and discounts
- Average cost: $75/month
- Key features: Accident forgiveness, total loss coverage, OEM parts replacement
2. GEICO (GEICO Motorcycle Insurance)
GEICO is known for providing cheap motorcycle insurance for new riders with competitive rates and multiple discount options.
- Best for: Low-cost policies and easy online quotes
- Average cost: $60/month
- Key features: Emergency roadside assistance, safety gear coverage, multi-policy discounts
3. Dairyland (Dairyland Motorcycle Insurance)
Dairyland specializes in motorcycle insurance for high-risk riders, making it a good option for new motorcyclists with limited experience.
- Best for: High-risk riders and flexible payment options
- Average cost: $80/month
- Key features: SR-22 filing, coverage for custom motorcycles
4. State Farm (State Farm Motorcycle Insurance)
State Farm provides reliable motorcycle coverage with personalized service through local agents.
- Best for: Personalized customer service
- Average cost: $70/month
- Key features: Medical payments, roadside assistance, OEM parts replacement
5. Esurance (Esurance Motorcycle Insurance)
Esurance offers affordable policies with digital tools that make managing insurance easy.
- Best for: Online policy management
- Average cost: $65/month
- Key features: Quick claims process, safety course discounts, multi-policy discounts
How to Get the Best Deal on Motorcycle Insurance as a New Rider
Even though insurance for new riders is generally more expensive, there are still ways to save money:
- Avoid unnecessary coverage – Choose only what you need.
- Improve your credit score – Some insurers consider credit history when determining rates.
- Limit your annual mileage – Riding fewer miles per year can lead to lower premiums.
- Store your bike in a secure location – Keeping your motorcycle in a garage or using a cover reduces theft risk.
- Reassess your policy regularly – As you gain experience, shop for new quotes to see if you qualify for lower rates.
Final Thoughts on Cheap Motorcycle Insurance for New Riders
As a new rider, getting affordable motorcycle insurance may seem challenging, but with careful planning and smart decisions, you can find a policy that fits your budget. By selecting the right motorcycle, taking a safety course, comparing quotes, and leveraging discounts, you can significantly lower your insurance costs.
Start by exploring cheap motorcycle insurance for new riders with trusted providers like Progressive, GEICO, and Dairyland. Remember, investing in the right insurance policy not only protects you financially but also ensures peace of mind while you enjoy the thrill of riding.
For additional resources on motorcycle safety and laws, visit the National Highway Traffic Safety Administration (NHTSA) (NHTSA). Safe riding and happy travels!
