Question by henryaguirre@ymail.com: Does motorcycle insurance cheaper the older the bike compared to a new one?
I 24 yrs old and i am looking to buy my first bike. Insurance is very pricey for a young buck. If i was to buy an older model motorcycle would insurance be cheaper.
Best answer:
Answer by auburn
I guess that would depend upon what company you go with. I know I have our race bikes insured and my oldest son who doesn’t race as much anymore has a 2 year old crf250r. The insurance is less on his bike than his brothers new race bikes with all the added extras as we usually have to state how much the bikes would be worth for replacement cost.
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They mainly go by the size of the motor, but they year of the bike may help if its older. My first bike is a 98 GSXR 600 and it runs me about $ 66 a month but I only have liability. Im not paying full coverage for a bike thats worth about $ 3000.
Sorry, but you must have clicked the wrong section, as this is the motorcycle RACING questions.
Your question does not involve Racing so …..
The best advice I can give you is to post this question again.
You would get a better response in….
Home > Cars & Transportation > Motorcycles
I am 44 Ride a Honda Shadow 2006 750 and my complete ins is $ 27 a month full coverage. It does depend on the bike and your driving record.
Yea like someone stated mostly depends on size of engine.