There’s nothing more thrilling than taking your bike out on the open road. Because we live in California, our state has the perfect weather to do so nearly all year round. The sunny skies, the fresh air, the view of the mountains, and the roads right up the coast are enough to make anyone a dedicated motorcyclist!
There’s only one problem, though, and that’s your monthly motorcycle insurance in California payment. You feel like you’re paying way too much. Why is this? Is it because you’re young? Let’s answer this question right now!
Table of Contents
- Factors that Impact Motorcycle Insurance Rates
- What’s the Average Price of Motorcycle Insurance in California?
- When Does Motorcycle Insurance Go Down?
- Do You Have to Pay Motorcycle Insurance Year Round?
- Motorcycle Insurance in California Through Pronto Insurance
Factors that Impact Motorcycle Insurance Rates
Several variables affect the cost of motorcycle insurance. The motorcycle’s model and make are the first. The insurance prices will rise in direct proportion to the bike’s cost.
Your age have an affect on the price you will pay for motorcycle insurance in California. Because teen riders pose the greatest risk for insurers, this age group will typically pay higher motorcycle insurance rates. Fortunately, insurance premiums drop significantly when riders reach the age of 25. According to motorcycle.com, men can expect their premiums to drop about 20%, while women will save 12 to 15%.
Industry data and statistics show that young adults under 25 are more likely to get into accidents, so it’s no surprise that insurance companies make younger riders pay a premium for their coverage. Generally speaking, your rate decreases as you get older until you reach your 70s. At this point, rates begin to increase again as senior drivers are again seen as a bigger risk.
Not all teens or young adults will pay the same price for motorcycle insurance in California.
According to the Insurance Information Institute (III), even if you’re in a high-risk age group you can still cut the cost of your premiums. Consider taking a certified safety course, such as the Motorcycle Safety Foundation’s Beginning RiderCourse. You could also bundle your motorcycle insurance with your auto insurance. Most companies offer discounts for this type of coverage.
What’s the Average Price of Motorcycle Insurance in California?
In California, the average monthly cost for motorbike insurance is $514, according to an article made by Forbes.
Keep in mind that you must get comprehensive and collision coverage in order to safeguard your bike from bodily harm (which are often required by your lender if you finance or lease your motorcycle).
The source of the data and the year should be taken into consideration when determining the average motorbike insurance costs. Any data that is more than a few years old could not be useful because rates are always changing.
When Does Motorcycle Insurance Go Down?
Since motorcycle drivers are typically far less likely to be involved in collisions once they turn 25 years old, maintaining a clean driving record should result in significant insurance savings.
However, you might not notice a decrease in your premiums if you have a bad driving record with numerous accidents or moving offenses that produce in penalties.
Another element that may affect how much your premiums increase in cost is a low credit score. The rates will be reduced the better the credit score.
There are steps you can take to further lower the premiums. You can enroll in a driving school that the insurance company accepts. If you finish the course, your premiums will often be reduced by 5% to 10%.
Do You Have to Pay Motorcycle Insurance Year Round?
Even though you may only ride your bike in the summer, most policies are annual and need payment all year long. However, insurance providers are aware that most drivers don’t typically ride their motorcycles in the winter and have already taken this into account when calculating the annual premium.
Motorcycle Insurance in California Through Pronto Insurance
The number one thing you can do to keep your insurance rates low is to be safe on your bike. Tickets and accidents are going to raise your rate. The number two thing you can do is to get your coverage through Pronto Insurance!
Pronto offers strong and flexible motorcycle insurance options. We offer the best prices on insurance, no matter what age you are and no matter which vehicle you’re driving around California. Get a quick and personalized motorcycle insurance quote on our website to learn more. You’ll be surprised and excited to see just how much money you could be saving each month!
