We gathered dozens of motorcycle insurance quotes to get a picture of how much motorbike insurance costs in the UK. The average cost of motorcycle insurance is £1,250 per year in the UK, with a £650 excess, which is higher than the average cost of auto insurance. Three of the main factors that determine bike insurance premiums are rider age, engine size and type of cover, so we crunched the numbers according to these factors. Use this research to help you recognize a good deal when you see one.
Average Cost of Motorcycle Insurance for 125cc, 900cc and 1200cc Bikes
Generally speaking, the larger the engine, the more you'll pay for motorbike insurance. A 1200cc bike has more potential for a speed-related accident than a 125cc bike; plus, motorcycles with larger engines typically cost more, and would be costlier to repair or replace in the event of accident or theft—hence higher insurance costs. The average excess in our study was around £650; cheaper motorcycle insurance policies will typically have a higher excess.
|Engine Size||Annual Motorcycle Insurance Cost (with ~£650 excess)|
|125cc (Honda PCX)||£1,240|
|900cc (Yamaha Tracer GT)||£1,574|
|1200cc (BMW R1200 GS)||£2,953|
Average Cost of Motorcycle Insurance by Type of Cover
The average cost of full coverage Comprehensive motorcycle insurance is around £1,250 per year (if you opt to pay monthly) for a 25-year old rider on a 125cc bike, with an average total excess (compulsory + variable) around £735. There was significant variation in quotes, however, with a price range of £399 up to £1,600. This premium buys you cover for accidental damage, fire damage or theft to your own bike plus Third Party claims of damage to other vehicles. Comprehensive plans, not surprisingly, are the most expensive type of cover.
Third Party, Fire & Theft bike insurance costs around 50% less, coming in around £575 per year—but won't cover any damage to your own bike, say in the event of an accident. Third Party Only insurance, the minimum required by law, costs just under £500 a year.
|Type of Motorcycle Insurance||Annual Motorcycle Insurance Cost||Average Excess|
|Third Party, Fire & Theft||£574||£735|
How do Motorcycle Insurance Prices Change with Age?
Age is a major component in determining insurance premiums—younger riders are more likely to get into an accident, whether due to lack of experience or being more inclined to ride aggressively. In order to see just how much age affects the price you'll pay to insure your motorbike, we gathered quotes for a 125cc bike from a motorcycle specialist insurer. A 20-year-old rider would pay close to £3,000 for a policy with a £200 voluntary excess, which is more than double the £1,250 per year a 25 year old would pay for bike insurance. You can see in the chart below how expensive motorcycle insurance can be for the young.
|Age||Annual Motorcycle Insurance Cost|
If you're a new, young rider, you can find more information about costs for your age bracket in our articles on Cheap Motorcycle Insurance Companies for 17 Year Olds, Cheap Motorcycle Insurance Companies for 19 Year Olds and Cheap Motorcycle Insurance Companies for 25 Year Olds.
If you're doing research on motorcycle insurance costs ahead of making a bike purchase, be sure to keep in mind other costs you'll incur such as purchasing a high-quality motorcycle helmet.
To arrive at our average cost analysis, we gathered dozens of online quotes for motorcycle insurance plans. To help standardize our results, we held the rider profile consistent across the quotes. Unless otherwise stated (e.g., for different rider age or type of cover), we priced policies with full coverage comprehensive protection for a 25 year-old unmarried male with 5 years of bike-riding experience with a full UK Bike licence and 5 years of no claims. The bike is used for social use only. For analysis of average costs by age and type of cover, we compared prices of cover for a 125cc Honda PCX 125.
In order to see how insurance prices vary with engine size (e.g., 125 cc, 900 cc and 1200 cc), we priced motorcycle insurance for three of the most popular 2018 bikes in the UK: Honda PCX 125, Yamaha Tracer 900 GT and BMW R1200 GS, respectively. We also priced quotes for the Honda across a variety of ages with one of the more popular UK motorbike insurers, Motorcycle Direct, to get an idea of how prices change by rider age.