Back

The Facts About Motorcycle Insurance

Feb. 21 2024 Ownership Tips By Wooly's Cycles of Atlanta

Share

If you’re new to motorcycles, you might be wondering: do I need motorcycle insurance? If so, how much does it cost, and how can I save money on it? This guide aims to answer the most common questions people have about motorcycle insurance, so read on to learn more!

Do I Need Motorcycle Insurance?

Motorcycle insurance is required in almost all states, so you’ll need to have proof of insurance already in hand when registering your bike. Motorcycles that are not registered are not allowed on public roads, so insurance is a necessity for most riders.

Keep in mind that state laws do not only concern residents. Uninsured riders traveling in states that require motorcycle insurance can also experience legal consequences. So, even if you live in a state that doesn’t require insurance, it’s still worth it to get insured!

What if I Have a Learner’s Permit?

In most states, the legal requirements are the same for permit holders and fully licensed motorcycle riders. In other words, if your state requires motorcycle insurance, you’ll also need insurance as a permit holder.

How Much Does Motorcycle Insurance Cost?

Most motorcycle riders spend about $60 to $75 per month on insurance. However, this can range from $25 to $200 per month depending on the policy. The average cost of motorcycle insurance comes to around $500 per year.

How Can I Save Money on Insurance?

If you want the lowest possible insurance premiums, choose a motorcycle that will be cheaper to insure. Fancy new sports bikes are more expensive to insure, because they cost more to repair and are more likely to be targeted for theft. The cheapest option overall is a pre-owned motorcycle with a solid maintenance history. You can also check with your insurer to find out if there are any special discounts available.

Thanks for checking out our guide to motorcycle insurance! If you’re still in the market for a motorcycle, come shop our selection here at Wooly's Cycles in Marietta, GA. We welcome customers from all over Atlanta and Kennesaw.