How Much is Scooter Insurance?

It is inexpensive and more fuel efficient to ride a scooter nowadays, especially since the price of gas is so high. Whether you are riding a scooter for everyday commute or on the weekends, the best way to stay safe on the road is with good scooter insurance coverage. The information below will tell you about the cost for scooter insurance and more so you know what premium you will be paying to protect your scooter.

Factors Affecting Scooter Insurance Rate:

Just as with cars and motorbikes, the insurance companies consider many factors when determining the cost for scooter insurance coverage. These include things like the:

• Scooter’s year, model, and make.
• Size of engine
• Weekly mileage
• Use of devices to safeguard against theft
• Area where you are living
• The experience that you have for riding a scooter

You should have the following information available when looking for the best and most accurate scooter insurance quote:

• The name(s) of any other rider who you would like to insure on your policy, as well as their driving records.
• Details of the scooter you are insuring, including the mileage, make, year, and model.
• Information about your most recent or current insurance provider.

In addition to the above, it will also help with the overall scooter insurance cost if you have any of the standard safety or anti-theft devices. This could help you to get a discount and enjoy some cash savings.

How much is Scooter Insurance?

Scooter insurance requirements and regulations vary state by state, just like the traditional liability insurance requirements. Depending on various factors, as well as the required coverage and limits, the cost for your insurance policy could vary. For instance, certain coverage options are required in some states, such as uninsured motorist coverage, whilst others are not. In addition, the required minimum limits for the liability coverage will vary in different states.

Scooter insurance rates, whether the type of coverage is required or not, is going to be determined by the engine size. In some states the lower cc cap numbers are looked at, but generally the scooters with smaller engines than 50cc are categorized as mopeds which require limited coverage amounts if at all. In general, they are classified as motorcycles if the engine sizes are 50 cc or bigger, and would require motorcycle insurance. There is a huge difference in terms premium when it comes insuring a car and a motorcycle.

For most scooters, the insurance premiums range between $250 and $450 per year on average.

Aside from knowing about the scooter insurance cost, it is important to be aware of the type of coverage that you can get. The companies which offer this type of insurance usually provide:

• Liability Coverage – this protects against any major medical costs in the event that you hit a motorist or pedestrian.
• Collision Coverage – pays for scooter damages which result from collision.
• Medical Coverage – pays medical costs for injuries sustained in an accident.

When shopping for affordable scooter insurance you need to first decide on what level of coverage you need.