“Something people don’t always think about until it’s too late is that the cost of insuring a motorbike should factor into the buying decision, not just the bike’s purchase price. Engine size is one of the biggest drivers of your premium, and the jump in insurance cost between a 125cc scooter and a 600cc bike can be substantial. Our data shows that more than half of our motorbike insurance customers paid less than £477**, compared to £285** for a moped. This difference can be especially pronounced for younger or less experienced riders.
“A bike that looks affordable to buy can end up costing significantly more to run once insurance is factored in. My advice: before you commit to a bike, do some research and get an insurance quote first. Starting on a bike with a smaller engine, like a moped, and building up your no-claims bonus can put you in a much better position when you upgrade, both in terms of the licence you hold and the price you’ll pay for insurance.”