How Much Does Dirt Bike Insurance Cost? (Important Details To Consider)

How Much Does Dirt Bike Insurance Cost?

Great, you bought your first dirt bike! There’s only one thing left to do before you take it towards the harsh, rough terrains and the sunset.

Insurance, and as it turns out, many riders get confused when it comes to getting insurance for their dirt bike because many questions are left unanswered.

A dirk bike without insurance is like a kid lost without knowing where the parents went! Okay, that was a bit harsh, but you get the point, insurance is something important that you can’t leave behind, especially when you get your first dirt bike.

You don’t want to look forward to it, but small incidents happen all the time and supposing you’ve only gotten your first dirt bike, you can easily accidentally drive it towards a tree.

Let’s not mention all the bad things, insurance will get all that stress away.

Insurance is great because you can benefit from it in two aspects. Either get them yourself, or you can get the driver insured.

That’s actually more useful than it sounds because if you accidentally bumped into a vehicle, your insurance would pay for all the damages and the replacements that would take to fix it.

Everyone is after protection, but insuring your dirt bike means optimum protection, in some way.
In this article, I am going to mention the essential things you need to know about what insurance is, and how it works.

What Do You Need Insurance For?

Since you’re new to dirt biking, you should know that paying for parts and other accessories can get really expensive. What insurance does is pay for all the taken damage in an event of an impact.

In this case, if your dirt bike takes any damage, the insurance is going to pay for everything. When you sign an insurance contract, there are some small costs you’ll need to pay while passing the insurance company all the responsibilities.

To figure out the correct amount of money you’ll need to pay for your dirt bike’s insurance, there are certain risk factors that you and the company needs to consider.

Two types of Insurance:

Property Insurance: This is the type of Insurance that your dirt bike needs. Property Insurance covers physical or financial protection to your belongings, or in this case, the dirt bike that you’re insuring.

Life Insurance: I suppose you already know what life insurance is. Just as the name suggests, life insurance protects people from different sicknesses, diseases, injuries, and early death. Health insurance is also a part of life insurance.

Nowadays, there are hundreds of insurance companies. What you can do is talk to friends and family, get names and ideas until you find the best insurance company for you, and one that meets your needs the most.

The price range for insurance companies depends on government laws and regulations, so make sure you do some research before you find an insurance company, just so you’re prepared.

Dirt Bike Insurance Cost

Depending upon the kind of inclusion that you’re after for, when it comes to ensuring dirt bikes, it can get pretty costly.

When searching for insurance, you might come up to different offers that are charged for the expense of their protection with various insurance agencies, and spare a lot of cash on protection premiums.

You will just have to find a company that is more keen on “composing the hazard”.

For the sake of this article, I got in contact with 3 Insurance companies and asked about monthly prices, as well as yearly prices.

  1. Progressive – Monthly price/$77 – Yearly Price/$837
  2. Geico – Monthly price/$27 – Yearly Price/$266
  3. Allstate – Monthly price/$25 – Yearly Price/$294

However, you should know that these prices will not be the same for different dirt bikes.

These are the prices that I got for the dirt bike that I have, and depending on how much cc your dirt bike has, how much is the average cost per part for your dirt bike, etc, that’s how the insurance company is going to round up the price for insuring your dirt bike.

There are hundreds of other companies out there. As of now, I think you get the idea of how much insurance costs, but I wouldn’t suggest picking a really hefty company.

You don’t want the insurance to cost more than your dirt bike costs, which in this case, Geco and Allstate are probably ideal since they have a pretty decent price.

What Does Insurance Cover?

You must always be prepared for unexpected events. For this, insurance would be the best choice due to the fact that the insurer calculates and rounds up the amount of risk that can occur, and pay for all the taken damage in that case.

This will not only save you a lot of money in an event of an impact or something like that, but it will also get tons of stress out of your head.

I have seen many cases where Insurance companies help people recover financially, because dirt bike parts can be really expensive.

Although, there is something that I’ve noticed that insurance companies do. If you’re a younger rider, you should know how to do business and deal with insurance companies because as it turns out, they tend to charge young male riders more.

If you’re someone who’s been getting violation tickets a lot, then you’re most likely be charged more than the normal price. It’s not because they don’t trust you, the law requires such companies to behave as such with people who violate the law, so they start getting responsible with themselves.

Is Dirt Bike Insurance Less Expensive?

Insurance for motorcycles can be less expensive, but not in every case. If your dirt bike costs more than a car, it means that its parts are expensive.

That being said, the insurance company will require a more expensive monthly or yearly fee from you. Apart from that, the prices also change depending on where you live.

As an example, I’ll take California. The price for a year is $209 to guarantee the satisfied driver, but if you want a full inclusion on the new dirt bike, it will cost you approximately $1,900.

What Factors Determine the Insurance?

To explain this, there are two crucial components that take part.

How the coverage will affect insurance

When you’re searching for a reliable insurance companies, you’ll be provided with tons of alternatives and protection strategies. In that case, the more inclusion that the insurance provides, the more you pick, the more premium and hefty the insurance fee becomes.

No matter what you’re getting insurance for, let’s say extra security, car insurance, medical coverage, and any other aspect, the more inclusion you get in these the more cash you’ll pay.

How can I explain this in other words. There are two ways how the company measures the inclusion and insurance coverage.

First, it will modify the inclusion measure by the dollar esteem that you need on whatever you are safeguarding.

In theory and practice, an insurance company will charge you more if you’re getting insurance for a house that costs $500k, and it will charge you less for a house that costs $200k.

However, if you make arrangements with a higher deductible, the company will charge you less cash. For instance, let’s say medical coverage, that’s an insurance type that takes care of your well-being.

For that, you can take higher deductibles and use lots of other strategies and choices like higher co-pays, or longer holding up periods.

Insurance Applicant Policy

The company will require from you every personal detail and information.

This includes your living address, different aspects of your life like where you work and what’s your wage.

They do all that to determine what type of insurance you can afford, and how premium can it get.

Although it’s not the same with every insurance company out there, some companies ask different things, so don’t count only on the things that I’ve mentioned.

Other companies also require from you your driving and riding history such as: Have you gotten any tickets for parking or other violations before?

That will also play a role in how much money they’ll charge.

Just as I mentioned, in such cases, they will charge you more because that’s how companies and the law think can make people responsible.

By accumulating such details, the company will create its own profile of you.

Final Verdict

You know, insurance could be a really good thing for you. Of course, if you’re not willing to spend some money, then maybe insurance is not for you.

However, having insurance can really take your mind off from unnecessary stress in an event of an impact. In some states, insurance is mandatory, but in some states, it isn’t.

Regardless of where you’re from, take it from someone who’s been riding dirt bikes for decades now, get insurance, you might need it in the future.

Depending on how much the insurance includes and covers, as a new rider, a normal expense would cost you over $1000. Although, as a new rider you’re most likely to have some falls, and those falls can really get expensive if something happens to your dirt bike.

If you got insurance, you wouldn’t really have to care about those things because the insurance company would pay for all the damage taken. Of course, again depending on the inclusion.

I hope this article gave you an idea of how much would insurance cost for you. If you ask me, get your dirt bike insurance as soon as possible, especially if you’re a new rider.