How are bike insurance premiums determined?
Several factors determine one’s premiums: the displacement size of the bike’s engine in cubic centimeters (cc); the type and brand of the bike; the policyholder’s age, residence, traffic record, and driving experience; and the bike’s function (pleasure, commute, etc.), status (garaged or active), and annual mileage. Riders with clean records and proof of training from approved programs pay lower rates. Riders under 25 years of age insuring extreme sport bikes can expect to pay more. Geography also affects pricing.
