Motorcycle Insurance Cost: Discounts

Why pay full price for motorcycle insurance, when you might qualify for discounts? Some discounts are automatically applied by motorcycle insurance companies, while others might require you to take action.

Below is general information about the most popular types of discounts that could help lower your cost of motorcycle insurance. Note that not all insurance companies offer all of these discounts, nor will the companies necessarily apply all of the discounts at once.

Multi-Policy Discount
The multi-policy discount on motorcycle insurance is available when you have multiple insurance policies with the same insurer (e.g. your motorcycle insurance, your auto insurance, and your homeowners or renters insurance). You save money by “bundling” these policies.

Pay-In Full Discount
The pay-in full discount on motorcycle insurance is available when you pay your entire premium upfront (for 6 months or 1 year of coverage).

Motorcycle Safety Course Discount
The safety course discount on motorcycle insurance is available when you complete an approved motorcycle safety course, class, or training.

Motorcycle Association Membership Discount
The motorcycle association membership discount on motorcycle insurance is available if you’re a member of a certain motorcycle association or club.

Safe Rider / Responsible Rider Discount
The safe rider or responsible rider discount on motorcycle insurance is available if you have a clean driving record, with no accidents or traffic violations.

Mature Rider Discount
The mature rider discount on motorcycle insurance is available if you’re an older rider, with more experience.

Anti-Theft Device Discount
The anti-theft device discount on motorcycle insurance is available if you have built-in or installed anti-theft devices on your motorcycle (such as disc locks, steering locks, GPS trackers, alarm systems, or immobilizers).

Anti-Lock Brake System (ABS) Discount
The anti-lock brake (ABS) discount on motorcycle insurance is available if you have an anti-lock brake system on your motorcycle.

Loyalty Discount
The loyalty discount on motorcycle insurance is available when you keep renewing with the same insurance company.

Transfer Discount / Switching Discount
Some insurers offer a transfer discount or switching discount as an incentive to get you to switch over to their company!

Check With Your Insurance Agent Or Company
Please note that the information provided above is for informational purposes only. For the most accurate, up-to-date, specific information, check with your insurance agent or insurance company!