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Whether you own a moped, Vespa, or Turino, having adequate scooter insurance is critical. Not only will this coverage protect you and your bank account if you’re hurt or in an accident, but in many cases, it’s required by law.
Typically, scooter insurance falls under the umbrella of motorcycle insurance. When shopping for coverage, you’ll want to keep average costs in mind (displayed in the table below), as well as the various factors that can influence those costs. Luckily, as outlined below, there are discounts you may be able to use to lower those costs.
Are you searching for insurance coverage for your moped or scooter? Use this guide to learn about the average scooter insurance cost, commonly offered discounts you might be eligible for, and the various factors that can impact your premiums.
On this page:
- What is the average cost of scooter insurance?
- How the type of insurance coverage you select impacts costs
- Other factors that influence moped or scooter insurance costs
- How to lower the cost of your scooter insurance
- Where can I compare scooter insurance?
What is the average cost of scooter insurance?
Our research shows that the average motor scooter insurance costs around $50.10 per month for basic coverage and $115.78 per month for enhanced coverage. However, prices vary by carrier, and our quotes ranged from $31.67 (Progressive) to $56.58 (Nationwide) for basic coverage.
To obtain our quotes, we used the following details:
- Driver: Single, 25-year-old female, no accidents within the last five years (employed, has valid motorcycle license issued 1/2018, no off-road safety course, not a member of any organizations)
- Location: Houston, Texas (renter, 409 Travis Street, Apt. 2704, 77002)
- Vehicle: 2019 Vespa GT200 Granturismo (bought new January 2019, owned outright, price new $10,500, no custom parts, used for pleasure, 1,000 miles per year)
Here’s how scooter and moped insurance costs varied by company:
|Progressive||$31.67 to $165|
|Allstate*||$54 to $76|
|Nationwide*||$56.58 to $126.33|
|GEICO||$58.15 to $95.80|
|Average||$50.10 to $115.78|
Note: The quotes above vary based on the level of coverage. We included quotes that closely followed the basic and enhanced policies outlined in the section below.
*The quotes shown included automatically added discounts.
How the type of insurance coverage you select impacts your costs
The cost of scooter insurance increases as you add coverage and expand the limits of that coverage. Lower-deductible policies also come with higher premium costs.
Allstate’s below plan options demonstrate this, with the basic insurance policy offering the least amount of coverage and the enhanced one (the most expensive option) offering significantly more coverage per accident.
|Medical Payments||Not included||Not included||$1,000/person|
|Collision||Not included||Full cash value||Full cash value|
|Comprehensive||Full cash value||Full cash value||Full cash value|
If you’re looking for scooter insurance, it’s important to secure the right coverage at a price you can afford. Shopping around can help you do this, as premiums can vary significantly from one company to the next. Adjusting your coverage amounts can also help.
But these two factors aren’t the only ones that impact what premiums you’re quoted. Several other items play a role as well, and we’ll break them down below.
Other factors that affect moped or scooter insurance costs?
Coverage and insurer aren’t the only things that can influence what rate you get on your scooter insurance policy.
When you apply, companies will also consider the below factors in setting your rate:
- Your location: Where you live matters for a few reasons. First, there may be certain levels of coverage that your state requires, so this could impact your policy and its overall cost. Additionally, your location also plays into your risk. Are there lots of vehicle thefts or burglaries? Is crime high in the area? Are accidents common on the roads? These are all things that can mean an increased premium when the insurer checks your zip code.
- Age: Your age (as well as the age you were when you got your license) will matter, too. Younger and newer drivers usually cost more to cover.
- Driving history: Your history of accidents and traffic violations can impact your premium as well. The cleaner your record is, the lower your rates will usually be.
- Your scooter: The type of scooter you have — specifically its make, model, age, and cost to replace it — will be a major factor in your costs, too. Newer, more expensive models tend to cost more to insure.
- How you use the scooter: Is your scooter only used occasionally for pleasure, or will you drive it to work each morning? The more you use it, the more you’ll pay for insurance.
Many factors can impact your insurance premiums, so if you’re unhappy with a quote you’ve received, try adjusting your standing in some of the categories above. We’ll break down some strategies for doing so in the below sections.
How to lower the cost of your scooter insurance
Aside from reducing your coverage, to lower your scooter insurance cost, you have two choices: Take advantage of a discount your carrier offers or lower your perceived risk in one of the categories mentioned above.
Scooter insurance discounts
Insurers offer a wide array of discounts, which can help lower the cost of your annual premiums.
Exact discounts vary by company, but here are some of the most common:
- Autopay: Having your payment automatically deducted from your bank account each month will often qualify you for a discount.
- Good rider: If you have a clean driving record or go a certain amount of time without a claim or accident, you might get a discount off your premium.
- Bundled policies: Many insurers offer discounts if you have multiple policies with them (scooter, car, home, etc.) or insure multiple scooters/motorcycles.
- Safety course completion: Typically, insurers will reward you with a safety course discount if you complete a verified course.
- Renewals and switches: If you switch from another provider or renew your coverage, you may get a discount, too.
- Homeownership: Buying a home soon? It could also qualify you for a discount.
Many insurers also have partnerships with specific organizations (like the Harley Owners Group, for example). If you’re a member of one of these qualifying groups, it could mean savings on your policy.
Improve your standing with factors that influence policy costs
You can also reduce the risk you present to the insurer, as this could lower your rate. To do this, look at the factors that can impact your rate noted above and find ways to change your standing in those categories. That may mean being a safer driver and avoiding an accident, or it could mean using your scooter less or buying a lower-cost model.
Where can I compare scooter insurance?
As you can see, the cost of motor scooter insurance varies. Though it generally ranges from $50.10 to $115.78, several other factors can play a role in your price. To make sure you’re getting the best deal, be sure to shop around and consider several companies.
With the right coverage and discounts, you can find scooter or moped insurance at an affordable price.
Author: Aly Yale