In 2023, teen drivers paid significantly more for motorcycle insurance than 50 year old drivers did in the United States. In that year, the average monthly motorcycle insurance premium for a 16 year old riding a cruiser was 340 U.S. dollars, whereas the monthly premium for a 50 year old was 191 U.S. dollars.
Average monthly motorcycle insurance premium in the United States in 2023, by age
(in U.S. dollars)
The source adds the following information: "All annual quotes were gathered from Progressive for a male rider living in Los Angeles with a clean driving record who has had his driver's license since he was 16 years old, and has been riding a motorcycle for 10 years or since his 16th birthday, whichever is shorter".
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ValuePenguin. (July 28, 2023). Average monthly motorcycle insurance premium in the United States in 2023, by age (in U.S. dollars) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/826718/annual-motorbike-insurance-premium-by-age-usa/
ValuePenguin. "Average monthly motorcycle insurance premium in the United States in 2023, by age (in U.S. dollars)." Chart. July 28, 2023. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/826718/annual-motorbike-insurance-premium-by-age-usa/
ValuePenguin. (2023). Average monthly motorcycle insurance premium in the United States in 2023, by age (in U.S. dollars). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/826718/annual-motorbike-insurance-premium-by-age-usa/
ValuePenguin. "Average Monthly Motorcycle Insurance Premium in The United States in 2023, by Age (in U.S. Dollars)." Statista, Statista Inc., 28 Jul 2023, https://www.statista.com/statistics/826718/annual-motorbike-insurance-premium-by-age-usa/
ValuePenguin, Average monthly motorcycle insurance premium in the United States in 2023, by age (in U.S. dollars) Statista, https://www.statista.com/statistics/826718/annual-motorbike-insurance-premium-by-age-usa/ (last visited October 30, 2024)
Average monthly motorcycle insurance premium in the United States in 2023, by age (in U.S. dollars) [Graph], ValuePenguin, July 28, 2023. [Online]. Available: https://www.statista.com/statistics/826718/annual-motorbike-insurance-premium-by-age-usa/