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Comparing Motorcycle insurance quotes from top companies online is a great way to find the cheapest insurance rates. After all, why ride all around town when you can get Motorcycle insurance quotes online? The more quotes you get, the more chances you have to save and ride. Get started now!

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Get The Cheapest Motorcycle Insurance For Young Riders

Get The Cheapest Motorcycle Insurance For Young Riders

If you are a young motorcycle rider, you probably know that insurance companies charge younger people more for coverage. This is because drivers from 16 to 25 years of age are among the riskiest to insure. This age group gets into more significant accidents than older-aged motorcyclists. Since insurers base the costs of their policies on your level of risk as a driver, if you are categorized as a younger driver, you can expect to pay for it. However, just because you are young doesn’t mean you should get discouraged. There are still ways to help yourself save money and get a cheap, affordable policy.

Why Young Drivers Pay More for Insurance

There are several contributing factors as to why younger riders pay more for coverage. It is important to understand why their risk level is higher than average. The increased cost associated with insuring younger drivers is for three main reasons: inexperience, filing more claims, and getting into more accidents.

  • Less Experienced: As a group, younger riders are less experienced. This means they are less familiar with traffic laws, roads, and other requirements. They also are more prone to getting into accidents.
  • More Claims: Younger riders tend to file the most significant financial claims compared to other age groups. This means that most insurers are paying out settlements for accidents involving younger riders.
  • More Accidents: Younger riders also tend to be involved in more overall motorcycle accidents than other ages. Not only more accidents, but more fatal accidents and/or crashes with serious injuries.

Finding the Cheapest Motorcycle Insurance For Young Riders

Even though you may be classified as a “young driver,” it is important to not get discouraged from driving. As long as you can afford your state’s required coverage, you can legally operate your motorcycle. If you do not know how to shop for a policy and find the cheapest rates, just follow the steps listed below.

  1. Search Providers – Use the quote box on this website to search for the highest rated insurers in your area.
  2. Collect Quotes – Get quotes from all of the major insurers in your location.
  3. Compare Prices – Determine the rates of each company after you have gotten quotes and compare them.
  4. Determine Coverage – Ask yourself whether the company you are considering has sufficient coverage for your motorcycle.
  5. Select an Affordable Insurer – When you finally have narrowed down your search, all you need to do is select a provider that you can afford.

How to Make Sure You Get the Cheapest Rate

In order to make sure you get the cheapest possible rate on your motorcycle insurance, you will want to take some extra steps. The extra effort that it takes to save yourself money may be well worth it in the long run. In fact, if you prove to your insurer that you are a safe driver and you get a minimalist policy, you may still be able to get some pretty cheap coverage.

  • Talk to Your Parents – You may want to determine if you can get covered under your parents motorcycle policy. If they can add you to their policy, you may be able to save yourself a pretty big chunk of change. The savings come from bundling with your family as well as having multiple vehicles under the same policy.
  • Qualify for Discounts – Once you have obtained a policy, you may be able to qualify for extra discounts. Always ask your provider about any discounts that you could qualify to receive. A common discount given out is a percentage off your premium for taking a “safe driving course.”
  • Ride a Less Expensive Bike – Another super easy way to reduce your rate is to drive a less expensive motorcycle. The more valuable and powerful your bike, the more likely you are to pay more for your coverage. Plus if you have a really expensive motorcycle, you may need to get a bunch of extra insurance to cover things like custom parts, etc.
  • Drive Safe – Always drive as safe as possible. The less accidents that you are involved in, the lower your rate will stay. If you get a lot of traffic violations, or speeding tickets, you may increase your rate. Drive smart, stay safe, and your rate will stay affordable.
  • Minimize Coverage – If you want to, you can get a liability-only type policy. As long as it fulfills your state’s requirements, you will be able to legally drive. If you add things like collision, comprehensive, and medical coverage, your costs will be increased.

Motorcycle Insurance Quotes for Young Riders

At anytime you can use the quote box below (or around this website) and get free estimates from top providers in your area. It is a pretty easy process and by comparison shopping, you will guarantee yourself the best possible price for a policy. Nearly every major insurer will accept young riders for policies – unless they are extremely high risk (e.g. have been convicted or gotten a DUI). But even then, you should be able to eventually get some coverage at a price which you can afford. Good luck!

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