Best and Worst States for Motorcycle Insurance

If you’ve read some of our other articles on motorcycle insurance, then you know that the state you live in matters. It dictates whether or not you need insurance and what type of insurance will be required. It also influences the cost of that insurance. Why is that the case? Well, under America’s federalist system, states are allowed to make laws they determine are best for their residents, as long as it does not go against federal law. So, every state is different in terms of what is legally required. In addition, the conditions of a state, as well as, the drivers in that state influence these decisions.

What is Required?

First of all, a good way to begin the hunt for motorcycle insurance is to visit DMV.org and search “Motorcycle Insurance Minimum Requirements”. There, you will have the option to select your state and view all of the specifics. They will tell you the insurance requirements with definitive amounts, as well as, the option coverage. In addition, they will discuss helmet requirements, if applicable, and proof of insurance and financial responsibility. Finally, the site outlines the penalties for any drivers who are not in compliance. Armed with this information, you can then start to compare quotes and make sure that you have the appropriate coverage.

What Affects Price?

In some states, insuring your motorcycle will be cheaper. It’s not just random chance. The amount of people driving motorcycles in your state actually affects the cost. More people riding motorcycles actually leads to lower insurance rates. You might think that would create riskier roadways and drive the costs up, but it has the opposite effect. Having more insured motorcycle riders on the road means lower rates, on average.

Examples

Those living in North Dakota, Iowa, and Oklahoma, are in luck, as these states have the most riders. On the other hand, if you reside in Louisiana, Texas, Florida, or Michigan, you are not quite so lucky. Still, the changes in average rates are not drastic. They range from $24 in North Dakota to $75 in Louisiana, in terms of monthly costs. Of course, these differences can certainly add up over time, amounting to roughly $600 per year. So, you might want to consider where you live before you decide to buy that Harley.

 

Auto Listings
Motorcycle Listings
Life Listings
Health Listings
Home Listings
Small Business Listings

2 Comments

  1. Charles on May 2, 2019 at 1:31 am

    I was recommended this blog by my cousin. I am not
    sure whether this post is written by him as nobody else know such detailed
    about my trouble. You’re wonderful! Thanks!

  2. Hairstyles on December 4, 2019 at 1:29 pm

    Thanks for your write-up on this site. From my own personal experience, periodically softening upward a photograph could possibly provide the photography with an amount of an inspired flare. Often however, this soft cloud isn’t precisely what you had under consideration and can often times spoil an otherwise good picture, especially if you intend on enlarging it.

Leave a Comment





This site uses Akismet to reduce spam. Learn how your comment data is processed.

RECENT POSTS

The Healthcare Industry, Health Insurance, and Coronavirus

March 30, 2020

According to CNN, as of March 22, the number of deaths from coronavirus in the United States has risen to 377. As a result, governors in 5 states have issued…

Read More

Kobe Bryant’s Tragic Loss Reminds Us of the Fragility of Life

January 27, 2020

Kobe Bryant’s passing is a terrible tragedy. It’s easy to forget how fragile life is. Unfortunately, we can get caught up in the hustle and bustle. It is not uncommon…

Read More

Staying Healthy and Sane Amid Coronavirus Quarantine and Self-Isolation

March 21, 2020

Today’s world is one of anxiety, illness, and fear versus fact. The COVID-19, or Coronavirus, outbreak is quickly making its way around the world, impacting people in ways we never…

Read More

Home Insurance Premiums: Democratic Candidates Talk Effects of Climate Change

February 11, 2020

Climate Change is a term that hit the scene in 2006 with the release of Al Gore’s “An Inconvenient Truth”. Since then, the topic has been the subject of heated…

Read More

Home Insurance: Climate Change a “Hot” Topic at Final 2019 Debate

January 14, 2020

Climate Change is one of those buzz phrases that we hear all the time. The conversation has been happening for years, but it has been hard to get people on…

Read More

Guide to Open Enrollment: Making Sure You Are Insured for Next Year

December 3, 2019

‘Tis the season! That doesn’t just apply to the holidays, but also to health insurance. You have probably heard the phrase “open enrollment” tossed around either on the news or…

Read More

Life Insurance Needs Assessment: Top 5 Reasons You Need Life Insurance

November 24, 2019

We are all guilty of procrastinating every now and then. Especially when it comes to the somewhat morbid topic of life insurance. We all know that our death is an…

Read More

Health Risks and Insurance Costs of Vaping: Is It Really “Cool to Vape”?

November 14, 2019

For decades, smoking has been advertised as cool, sexy, and trendy. With the invention of the e-cigarette, tobacco companies did not stray from their tried and true marketing strategy. Plus,…

Read More