Monthly motorcycle insurance premium in the U.S. 2023, by age

Published by Jennifer Rudden, Nov 1, 2024
In 2023, teen drivers paid significantly more for motorcycle insurance than 50 year old drivers did in the United States. In that year, the average monthly motorcycle insurance premium for a 16 year old riding a cruiser was 340 U.S. dollars, whereas the monthly premium for a 50 year old was 191 U.S. dollars.

Average monthly motorcycle insurance premium in the United States in 2023, by age (in U.S. dollars)

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Source

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Release date

July 2023

Region

United States

Survey time period

2023

Supplementary notes

The source adds the following information: "All annual quotes were gathered from Progressive for a male rider living in Los Angeles with a clean driving record who has had his driver's license since he was 16 years old, and has been riding a motorcycle for 10 years or since his 16th birthday, whichever is shorter".

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