Even though liability insurance is required for a motorcycle in all but a handful of states, liability insurance for a moped isn't required in 26 states. However, if you lease or finance your moped, your lender will most likely require you to insure your moped.
Is scooter insurance cheaper than car?
Car vs bike insurance That's less than half of the average car insurance premium, giving wannabe motorcyclists a significant saving. What's cheaper? Motorbikes take the lead, however, exactly how much insurance costs will depend on the vehicle model and driver history.14 sept 2021
Is it cheaper to insure a motorcycle than a car?
A motorcycle costs significantly less than a car. However, insuring a motorcycle usually costs more. This is because motorcyclists are at a higher risk of an accident, and thus a higher risk of making a claim.1 nov 2017