Understanding Motorcycle Insurance: Average Rates, Factors, and Savings Tips Motorcycle insurance is essential for both legal protection and personal security on the road. Understanding the " motorcycle insurance average " cost can help riders plan their budgets effectively. While rates vary based on factors such as location, type of bike, and rider profile, this guide will provide an overview of what you can expect in terms of average costs and how to find affordable coverage. 1. What is the Average Cost of Motorcycle Insurance? On average, motorcycle insurance in the U.S. costs between $200 and $1,500 per year . This wide range is due to several variables: Liability-Only Coverage : For basic, legally-required coverage, liability-only policies average around $100 to $500 per year . This is the most affordable option, covering damage to other vehicles or property in an accident. Full Coverage : For added protection, full coverage insurance includes collision and comprehensi