Motorcycle Insurance Price for 20-Year-Olds

Motorcycle Insurance Price for 20-Year-Olds

Find Cheap Motorcycle Insurance Quotes in Your Area

Currently insured?

The price of motorcycle insurance for 20-year-olds is typically $62 per month, or $743 per year, according to top insurers. However, depending on your location and the company you purchase coverage from, the price you pay could exceed $1,149 per year.

Compared to younger riders, 20-year-olds tend to pay lower rates. In addition to your age, other factors can influence the price of motorcycle insurance, such as your personal insurance history and the kind of bike you own. Location is another primary driver of expensive prices.

Dairyland has the cheapest rates for 20-year-olds, with an average price of just $574 annually.

How much is motorcycle insurance for 20-year-olds?

The average motorcycle insurance price for 20-year-olds is $62 per month, or $743 per year.

The cost of motorcycle insurance for 20-year-olds is 21% less expensive than the average cost of coverage for an 18-year-old. But it's still 14% more than for a 21-year-old, on average. A 20-year-old motorcycle rider's rates can greatly depend on location, provider and even gender.

We compared prices in cities across the country and discovered that you might pay hundreds more for motorcycle insurance based on where you live. The cost of motorcycle insurance we found in Pennsylvania is just $588 annually — $241 less than the rate we found in Georgia.

Cost of motorcycle insurance for 20-year-old riders by state

Find Cheap Motorcycle Insurance for a 20-year-old

Currently insured?

We found a very small difference across genders in the price of motorcycle insurance for 20-year-olds. Generally, many companies quote the same rates regardless of gender, but some companies may charge more based on your gender.

Surprisingly, young women sometimes pay slightly more than young men for motorcycle insurance. Generally, women often pay less for car insurance than men.

For example, Dairyland charges female riders in New York $20 per year more for coverage than men. Allstate also charges its female applicants more.

New York$699$700

Gender only resulted in a monthly $1 price discrepancy in the places surveyed. While our data indicates this factor matters less to motorcycle insurers than it does to car insurance providers, it's a good idea to compare the price you're quoted with a few different providers' rates.

Who has the cheapest motorcycle insurance for young riders?

Dairyland charges the lowest motorcycle insurance price for 20-year-olds at $574 per year, or about $48 per month.

The cheapest motorcycle insurance provider for young riders is commonly Dairyland. This insurer's rate is significantly cheaper than the average price for most riders this age and 29% cheaper than the most expensive company's rate.

A bar graph showing the average costs of motorcycle insurance for 20-year-olds by provider

Find Cheap Motorcycle Insurance for a 20-year-old

Currently insured?

Conversely, Geico's motorcycle insurance costs $809 per year. That's $66 per year more expensive than the average price of motorcycle insurance for 20-year-olds.

Monthly rate
Annual rate

How to save on motorcycle insurance as a 20-year-old

As you age, your motorcycle insurance rates decrease. We've found that the price of motorcycle insurance for 20-year-olds is cheaper than bike insurance for 18-year-olds, who can pay nearly $1,000 a year for coverage. However, 21-year-olds save over $100 on motorcycle insurance per year compared to 20-year-olds.

The best way to save money is to compare prices offered by multiple motorcycle insurance companies. Rates can fluctuate drastically depending on your provider, and you may miss out on savings if you purchase the first policy you find just to satisfy your state's legal requirements. You could also save by qualifying for discounts offered by providers, including discounts for:

  • Electing to pay your bills electronically
  • Paying your premium in full, if you can
  • Renewing your policy with the same company, as long as you're happy with your service
  • Shopping with the company you already have another policy with

Is motorcycle insurance cheaper than car insurance?

Motorcycle insurance is much cheaper than car insurance. The average cost of car insurance for a 20-year-old is $5,517 per year, more than seven times more than the average cost of coverage for motorcyclists of the same age.

The cost difference between the two forms of insurance is due to vehicle size: In most cases, cars inflict far more damage or injury than motorcycles. Motorcycles are also worth much less than cars, meaning there are fewer expenses for your insurer if your bike is damaged and needs repair.


To find the cheapest motorcycle insurance for 20-year-old riders, we collected quotes from four top motorcycle insurers: Progressive, Geico, Allstate and Dairyland.

The quotes were all for full coverage and were gathered across five locations: San Jose, California; Augusta, Georgia; Buffalo, New York; Pittsburgh, Pennsylvania; and Austin, Texas. The sample customer has been licensed to use a car and a motorcycle since they were 16, and they ride a 2020 Harley-Davidson Street 500.

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.