The Cheapest Motorcycle to Insure

January 3, 2024
By Michael Padway
cheapest motorcycle to insure

You’re not alone if you’re searching for the cheapest motorcycle to insure. With insurance being a significant factor in the overall cost of owning a motorcycle, it’s important to consider insurance costs before purchasing. Fortunately, several affordable options out there won’t break the bank regarding insurance.

Top 5 Cheapest Motorcycles to Insure

Here are five of the cheapest motorcycles to insure and why:

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Honda Rebel 300

The Honda Rebel 300 is a lightweight cruiser ideal for beginner riders. With a low displacement engine and classic styling, it’s a popular choice for those who want a comfortable ride and low insurance costs. In addition, the Rebel 300 is easy to maneuver and has a low seat height, making it perfect for those new to riding.

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Kawasaki Ninja 400

The Kawasaki Ninja 400 is a sporty motorcycle that is surprisingly affordable regarding insurance. Despite its larger engine size, the Ninja 400 is still considered a beginner-friendly bike, making it an excellent choice for riders who want more power without sacrificing affordability. Additionally, the Ninja 400 has an aerodynamic design that provides excellent handling and performance on the road.

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Yamaha R3

The Yamaha R3 is another popular choice for riders who want a balance of power and affordability. Its 321cc engine provides enough power for an exciting ride. At the same time, its sporty styling and beginner-friendly features make it a popular choice for new riders. In addition, the R3 has a comfortable riding position and excellent handling, making it a great choice for riders who want to take their motorcycle on long trips.

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Suzuki SV650

The Suzuki SV650 is a versatile, budget-friendly motorcycle often praised for its smooth ride and excellent handling. With a powerful V-twin engine and a comfortable riding position, the SV650 is a great choice for riders who want a motorcycle that can handle city streets and open roads. Despite its power and versatility, insurance costs for the SV650 are typically lower than other bikes in its class.

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Harley-Davidson Street 500

The Harley-Davidson Street 500 is an iconic cruiser that won’t break the bank regarding insurance costs. With its classic cruiser styling and lightweight frame, the Street 500 is a popular choice for riders who want a comfortable and reliable ride without sacrificing affordability. In addition, the Street 500 has a low seat height and easy-to-use controls, making it an excellent choice for new riders.

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What Makes These the Cheapest Motorcycles to Insure?

The Honda Rebel 300, this lightweight cruiser, is known for its affordability and beginner-friendly features. Its low-displacement engine and classic styling make it an excellent choice for starting riders. Its low insurance costs only add to its appeal. Additionally, the Rebel 300 is easy to handle. Finally, its comfortable position makes it an excellent choice for city and highway riding.

The Kawasaki Ninja 400 is a sporty motorcycle perfect for riders who want more power without sacrificing affordability. Its aerodynamic design and powerful engine make it a popular choice for those who want a motorcycle that can handle city and highway riding. In addition, its low insurance costs make it an excellent choice for budget-conscious riders.

The Yamaha R3 is another popular option for riders who want a balance of power and affordability. Its sporty styling and beginner-friendly features make it an excellent choice for new riders, while its powerful engine and comfortable riding position make it an excellent choice for long trips. In addition, with low insurance costs, the R3 is an excellent choice for riders who want a high-performance motorcycle without breaking the bank.

The Suzuki SV650 is a versatile, budget-friendly motorcycle known for its smooth ride and excellent handling. Its powerful V-twin engine and comfortable riding position make it a great choice for city and highway riding. In contrast, its low insurance costs make it an attractive option for budget-conscious riders. With its versatility and affordability, the SV650 is a great choice for riders who want a motorcycle that can handle various riding situations.

Finally, the Harley-Davidson Street 500 is an iconic cruiser that is surprisingly affordable regarding insurance costs. Its classic styling and lightweight frame make it a popular choice for riders who want a comfortable and reliable ride, while its low insurance costs make it an excellent choice for budget-conscious riders. Additionally, with its low seat height and easy-to-use controls, the Street 500 is an excellent choice for new riders who want a classic cruiser without breaking the bank.

What Do Insurance Companies Take Into Consideration?

When it comes to finding the cheapest motorcycle insurance, there are several factors that insurance companies take into account. The make and model of the motorcycle is one of the primary factors, as specific models are considered to be higher risk than others. Additionally, the age and experience of the rider and their driving record can also impact insurance costs. Finally, the location where the motorcycle will be used is also essential, as certain areas are considered higher risk than others.

To find the cheapest motorcycle insurance, it’s essential to do your research and compare quotes from different providers. Some popular options for finding affordable motorcycle insurance include Geico, Progressive, and Allstate. By comparing quotes and considering deductibles and coverage limits, you can find the cheapest place to get motorcycle insurance that meets your needs and budget.

Takeaways

In summary, finding the cheapest motorcycle to insure is all about researching and comparing quotes from different providers. By considering factors such as the motorcycle’s make and model, the rider’s age and experience, and the location where the motorcycle will be used, you can find an affordable motorcycle and insurance policy that meets your needs and budget. With options such as the Honda Rebel 300, Kawasaki Ninja 400, Yamaha R3, Suzuki SV650, and Harley-Davidson Street 500, plenty of affordable motorcycles exist that won’t break the bank when it comes to insurance.

Michael Padway

Michael Padway uses his expertise in personal injury and motorcycle accidents to represent a broad spectrum of clients dealing with life-changing and permanent injuries for the first time. His offices are located at 235 Montgomery St., Ste 668, San Francisco, CA 94104 and at 3140 Chapman St. Oakland, CA 94601. For more information, please call (800) 928-1511.

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