What is the average cost of motorcycle insurance?
These kinds of variables set you up for the lowest motorcycle insurance costs. Drivers above the age of 25 with a good driving record usually qualify for good prices. Combine those factors with liability only coverage and a touring bike and you are looking at $200 to $500 a year for motorcycle insurance.
What does basic motorcycle insurance cover?
Bodily injury and property damage liability cover you in the event of an at-fault accident. Comprehensive and collision coverage for motorcycles will help you repair or replace a damaged or stolen bike. Other states may require additional motorcycle coverage, such as uninsured/underinsured motorist coverage.
What is full coverage insurance on a motorcycle?
Collision and Comprehensive. Collision coverage pays to repair your motorcycle in the event of an accident, regardless of who is at fault. If another driver is at fault and you have collision coverage, usually your insurance company will pay for the damage, then go after the other driver’s insurance to cover the cost.