There are many parents in particular who wonder if their teenager will not only be safe on a motorcycle, but whether there will be insurance for them that is available. And if so, will insurance for 19 year old be affordable as well?
Don't Pay More for Motorcycle Insurance!
These are very important questions to ask particularly if your teenager is ready to go out in the world and riding a bike is going to be their form of transportation. If you are 19 or below, then this is the right place to learn more about motorbike coverage and you can also apply for free instant quotes as well.
Is Motorcycle Insurance for Teenager?
The answer is yes, there is motorcycle insurance for someone of just 19 year old. However, such coverage will generally be more expensive than for a 26 year old and above. There are certain reasons why premium is higher for teenagers than it is for adult. Which is why having such coverage not be something that is taken for granted.
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Insurance premiums are based on statistics, so it is nothing personal against your 19 year old. The statistics indicate that a 19 year old male is more likely to be involved in an accident as compared an adult that is 10 years older. Insurance is all about risk, so the lower the risk a person is when it comes to having an accident, the lower the premium is going to be.
How Much is Motorcycle Insurance for a 19 Year Old?
The exact cost for 19 year old is going to vary depending on a number of factors. Generally speaking, you’ll find that motorcycle insurance quote for 19 year old may be 25% to 30% higher or more as compared to a 26 year old adult.
For parents, you may have wondered why your insurance rates dropped rather dramatically upon reaching the age of 26. This is because statistics show the number of accidents that happen to 26 to 65 year olds are dramatically lower than those outside this age group.
Of the many factors that play a role in the premiums, bike insurance for 19 year male will be more expensive that for female also because of the statistics. Although there are more male riders than female riders, males still dominate in the percentage of accidents that occur during this time in their lives.
How to Get a Lower Premium?
There are a number of ways that you can use to lower the expense for your teenager.
Proper Coverage: The level of your coverage will dictate in large part the price of your premiums. Comprehensive plan generally covers damage to your bike, but it is far more expensive. You may have no choice but comprehensive if you took out a loan to secure the purchase of the policy.
Basically, you’ll have to weigh the expenses of the various benefits that your policy may provide in order to get the right coverage for your needs. Put simply, the less in benefits your insurance has, the lower your premiums will be.
Honesty: The insurers that carry policies for bikes will offer lower rates for a variety of reasons, but you will still need to be honest about your riding time, skills and protective equipment. It only takes one accident or report that shows you didn’t do what you say which jack up your premiums or in some cases will have your plan cancelled, so be honest about how you ride.
Be Part of a Club: There are “rider clubs” that offer training aimed at improving riding and reaction skills on the road. If your teen joins one of these clubs and passes the various training exercises, they might get a reduced cost or even a substantial discount depending on the insurance carrier. Be sure to check with your provider first before joining such a club. Harley Owners and BMW Motorcycle Club are two that offer training courses.
Low Mileage: A common discount that applies to vehicles as well. If you only ride on the weekends and keep the mileage below a certain level, then you may qualify for a substantial discount.
Security & Safety: Motorcycles are big targets for thieves, so adding a security system such as an immobilizer will lower your premiums. Plus, keeping your motorbikes in the garage or secured parking area will help as well. In addition, wearing the proper riding gear and helmet will help protect you in case of an accident and doing so may keep your premiums down.
Pay All At Once: If you can pay for the entire term of your policy all at once, you will often pay at a discount just like with auto insurance. Many providers will actually shave off one month just to get you to pay for the rest of the term. So, if you can pay it all at once, do so.
Who Provides Motorcycle Insurance?
You will find that there are quite a few companies that have motorcycle insurance for 19 year old riders. To find the best will mean looking over their policies, quotes and coverage so that you can strike the right balance. Some of the companies that provide a decent plan include the following;
- State Farm and More
All of these insurance companies have well established reputations that go back many decades. Add to this their sheer size and they are the ones that offer some of the most affordable rates. In addition to their size and reputation, the fact that these providers will probably be around for a long time to come will add a little security for those who want to stick to the same company for a while.
Overall, finding the best motorcycle insurance quote for a 19 year old will not be easy. However, if you take the time to do the research and find the best coverage all for the lowest price, you may be able to save a considerable amount of money over the long run.