Factors That Determine Motorcycle Insurance Price
                     Factors That 
Determine Motorcycle 
Insurance Price
Factors That Determine 
Motorcycle Insurance Price
 If you are looking to buy motorcycle insurance, it is a good idea to educate 
yourself on the factors that determine motorcycle insurance price. Motorcycle 
insurance rates can be quite high, mostly because of the increased injury and 
fatality rate associated with motorcycles compared to cars. According to the 
Transport Canada, the fatality rate for motorcycles is much higher compare to 
regular passenger vehicles.
 Since insurance providers rate drivers based on the injury as well as death rates of 
their specific vehicle, the rates for motorcycles are significantly higher. Due to 
this, motorcyclists are at a great disadvantage when it comes to finding cheap 
insurance rates.  But there are still some factors that you can control in order to try 
to lower your motorcycle insurance quotes rates.
Factors That Determine 
Motorcycle Insurance Price
 One of the factors that determine motorcycle insurance price is your type of bike. Sports bikes 
are much faster and handle better compared to cruisers – they are purpose-built for speed. The 
bad news is that insurance companies know that if you purchase a fast bike, you are likely 
going to drive it fast. And when you drive a motorcycle fast, it means that you are at a higher 
risk of an injury and death. If you would like to save on insurance, you should skip the speeder.
 The make and year of the motorcycle will also have a significant impact on your premium. If 
the bike you purchase falls in the category of bikes that have a higher rate of injury or fatality, 
the insurance companies will increase premiums to offset the increased risk of a loss. So, it 
would be better to buy a bike that is considered to be safe by the insurance providers. 
 For more information on the factors that determine motorcycle insurance price, visit our 
website at https://openroadinsurance.ca/
Factors That 
Determine Motorcycle 
Insurance Price