Average Motorcycle Insurance Cost for a 21-Year-Old

Average Motorcycle Insurance Cost for a 21-Year-Old

The average cost of motorcycle insurance for 21-year-olds is $714 per month, but the cheapest motorcycle insurance companies offer rates as low as $381 per year. Your motorcycle insurance quotes are based primarily based on your location, driving history, bike model and coverage.

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How much does motorcycle insurance cost for 21-year-olds?

The average motorcycle insurance cost for 21-year-olds is $714 per year, or about $60 per month.

A 21-year-old's motorcycle insurance cost will depend largely on where they live. In Chicago, the most affordable city for motorcycle insurance we surveyed, rates are 42% cheaper than in Los Angeles. In LA, motorcycle insurance costs an average of $954 per year. New York's average price, on the other hand, is the closest to the national average cost of coverage for 21-year-old riders — about $677 per year in the Big Apple.

A bar graph showing the average costs of motorcycle insurance for 21-year-olds in Chicago, Los Angeles and New York

Gender can affect motorcycle insurance rates for 21-year-olds, but it's not a significant factor nationwide. 21-year-old female riders pay only $7 more per year than male motorcycle riders. Depending on the city, the cost disparity can be higher: In New York, motorcycle insurance costs are 4% higher for women than for men. In Chicago, the difference is less than 1%.

Cheapest motorcycle insurance for 21-year-olds

On average, the company that offers the cheapest motorcycle insurance to 21-year-old riders is Nationwide. However, the cheapest insurer overall may not have the most affordable policies in your city, or may not offer service in your area.

A bar graph showing the average costs of motorcycle insurance for 21-year-olds with prices from large insurers

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Annual rate

Since rates can vary by region, the only way to ensure you get the cheapest rates in your area is to compare quotes from multiple companies.

For example, in Chicago, Nationwide's motorcycle quotes are the cheapest among the insurers we considered. Nationwide has an annual cost difference of about $600 in Chicago compared to the most expensive provider, Geico. Across all cities, the average difference between the highest rates and the lowest is $529 per year.

How to save on motorcycle insurance rates as a 21-year-old

One of the best ways to save money on your motorcycle insurance premiums is to compare companies. Many large providers, such as Nationwide, Allstate and Progressive, have online forms that allow you to receive a quote, adjust your coverages and purchase a policy within minutes.

How are your rates decided? Insurance companies consider many factors when setting motorcycle insurance prices, including your age, where you live and the bike you ride. Any detail that signals a higher risk can raise your premiums.

When you compare motorcycle insurance companies, you should also look at the array of discounts offered by each provider. We've found that Progressive tends to offer the most discounts of large providers, while Geico offers the fewest. Typically with each company, there are a number of ways to qualify for a discount, such as:

  • Electing to receive your policy information and bills electronically.
  • Paying your bills automatically or purchasing a policy in full.
  • Completing a safety course on your bike.
  • Renewing a policy or switching from another provider.
  • Bundling with your car insurance provider.

Why is motorcycle insurance so cheap compared to car insurance?

Compared to the average cost of insuring a car, which is $3,057 per year for a 21-year-old driver, getting motorcycle coverage isn't as expensive. In fact, it's about one-fourth of the cost. That's mainly because claims are often much smaller for motorcyclists than for car drivers.

With bodily injury and property damage liability, which are the most commonly required motorcycle insurance coverages, portions of premiums are cheaper for motorcyclists than for car owners because operators are less likely to cause substantial damage to other motorists and their property on a bike than in a car. This is mainly due to the fact that motorcycles are much smaller and lighter than cars.


We collected motorcycle insurance quotes for sample male and female profiles. We selected the following coverage limits:

  • Bodily injury liability: $100,000 per person/$300,000 per incident
  • Uninsured/underinsured motorist: $100,000 per person/$300,000 per incident
  • Property damage liability: $50,000 per incident

Our quotes were sourced from Chicago, Los Angeles and New York from Progressive, Geico, Dairyland, Allstate and Nationwide for a 2016 Honda Rebel.

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.