To some, life on two wheels is the only option. They live the ride-or-die lifestyle all day every day. To others, a motorcycle is a fast way to break out of the day-to-day routine or 9-to-5 work week. There are also the mid-life crisis riders. But no matter who, how, where or why, protection is a must for all.
While owning a motorcycle is a great way to blow your hair back in life, it does come with risks.
Even more dangerous than getting injured yourself is the possibility of not being properly insured and facing damaging lawsuits, massive medical bills and more. Plus, if you lease or have a loan, there’s a pretty good chance your lender will require this coverage.
Motorcycle insurance premiums can range anywhere from a couple hundred bucks to more than $1,000 per year—varying by state, company and a whole saddlebag full of other factors.
Factors that can affect cost: