Multiple factors can play a role in determining what your insurance costs. These factors include: your age, your driving record, where you live, and the type of motorcycle you own, or being a graduate of a rider-training course.
Many companies offer discounts from 10-15% off motorcycle insurance for graduates of training courses, such as the Motorcycle Safety Foundation (MSF) rider course. Riders under age 25 (usually considered a higher risk) might see some savings after taking this course. Safety courses are also a great idea for cyclists who have already had accidents.
Maintaining a good driving record with no violations will help reduce your premiums.
Find out what discounts your insurance representative offers. Multi-bike discounts for those insuring more than one bike, organization discounts, if you’re a member of a motorcycle association, and mature rider discounts for experienced riders, are just a few possibilities. Discounts can range anywhere from 10-20% depending on the company and your state. Availability and qualifications for discount vary from company to company and state to state.
Other factors might also affect your premium payments including type, style (such as a sports bike vs. a cruiser), the age of your motorcycle, in addition to the number of miles you drive a year, and where you store your bike.