Motorcycle insurance program

How much does motorcycle insurance cost?

Just like car insurance, there are a number of variables that are taken into account when determining the cost of your motorcycle insurance. This includes:

• Your age, as rates are usually better for motorcyclists over 25 years old
• Your insurance history and motorcycle riding experience
• Where you live
• How often and how far you ride your motorcycle
• The type of motorcycle you ride, including cc
• The class of license you have (M1, M2, M, in Ontario for example)
• If you have completed a registered motorcycle training course

When we briefly analyzed data on motorcycle quotes, the approximate average cost of motorcycle insurance was $497 . However, costs varied considerably depending on the profile of the driver and the type of motorcycle.

Note that your first year of motorcycle insurance may cost more because you don’t have a motorcycle insurance history yet. Over time, and if your driving record remains clean, your premiums may decrease in subsequent years. Taking accredited motorcycle training can have a significant impact on the cost of your premiums and save you up to thousands of dollars on your motorcycle insurance.

How much does sport motorcycle insurance cost?

Some types of motorcycles also cost more to insure than others. Sporty models, for example, usually come with a higher premium. The same goes for large and powerful motorcycles such as some Harley Davidson models. If you’re looking to buy a motorcycle, consider these guidelines and be sure to use the motorcycle insurance calculator above to better understand the rates for different makes and models.

What is the price of motorcycle insurance and how to get the best rate in Quebec

Motorcycle insurance is mandatory in Quebec, but the cost can vary greatly depending on several factors, including the motorcycle model, the age of the driver, the place of residence, the level of coverage and the applicable discounts. In this article, we’ll take a look at the different factors that affect the cost of motorcycle insurance, as well as ways to get the best possible price.

Factors Influencing the Cost of Motorcycle Insurance

Motorcycle model

The model of your motorcycle is an important factor in determining the cost of your insurance. High-end motorcycles or sports models often cost more to insure due to their higher cost in the event of damage.

Age of the driver

Younger drivers are often considered more at risk and can therefore pay higher insurance premiums. Drivers over the age of 25 often have lower insurance premiums due to their more driving experience.

Place of residence

The place of residence is also an important factor in the cost of motorcycle insurance. Urban areas may have higher premiums due to a higher risk of theft or accidents.

Level of coverage

The level of coverage you choose with your motorcycle insurance broker is another important factor in the cost of insurance. Comprehensive insurance will cost more than liability insurance, which is the minimum insurance required in Quebec.

Applicable discounts

There are several applicable discounts that can reduce the cost of your motorcycle insurance, such as the Safe Riding Discount, the Age Discount, and the Training Discount.

Type of motorcycle insured in Quebec?

In Quebec, motorcycle insurers generally offer coverage for a variety of types of motorcycles. Here are some of the types of motorcycles commonly insured in the province:

1. Touring motorcycles: These include models designed for long journeys, providing comfort and stability on the road.
2. Sport motorcycles: Bikes designed for speed and performance, often used on race tracks.
3. Cruiser motorcycles: Motorcycles with a classic and relaxed style, often associated with a relaxed ride.
4. Off-road motorcycles: Motorcycles designed for off-road use, including motocross, enduros and quads.
5. Standard Street Bikes: Versatile models suitable for everyday use on urban and suburban roads.
6. Dual-sport type motorcycles: Motorcycles designed for mixed on-road and off-road use.
7. Electric motorcycles: With the growing popularity of electric motorcycles, more and more insurers are offering coverage for these eco-friendly vehicles.

It is important to note that the cost of motorcycle insurance can vary depending on the type of motorcycle, its power, frequency of use, the owner’s driving experience, and other factors. It is recommended that you consult different insurers for personalized quotes based on the specific type of motorcycle you own.