Does the style of bike you ride alter your insurance premium?

Nowadays, more and more riders are turning their backs on sportsbikes and instead choosing to ride alternatives such as adventure bikes, nakeds or café racers. As a response, and in an effort to provide a wide choice of motorcycles without breaking the bank, manufacturers are using a basic ‘platform’ on which to base a varied range of motorcycles. A perfect point in case is Yamaha with their MT triple motor, but the same could be said for BMW with their boxer or Ducati with their V-twins.

Powering the Yamaha MT-09 and Yamaha MT-09SP naked models as well as the Yamaha Tracer 900 and Yamaha 900GT sports tourers and the Yamaha XSR900 café racer – as well as the Niken three-wheeler- the firm’s 847cc triple provides the heart of all six machines. But do insurance companies see them in the same light or is one style more expensive to get coverage on? And does the SP’s flashy suspension boost your premium as well as the bike’s handling ability and what do the Tracer 900GT’s panniers and TFT dash do to the amount you pay for insurance?

MCN decided to see if the choice of machine affects the price you pay in insurance so using the same criteria (a 40-year-old living in a rural location with two years NCB) we ran quotes for the MT-09, MT-09SP, Tracer 900, Tracer 900GT and XSR900 through our comparison tool (this was conducted winter 2018). Here are the results…

Yamaha MT-09SP

TFT F&T: £128.22
Fully comp: £175.84

Yamaha MT-09

TFT F&T: £120.89
Fully comp: £150.77

Yamaha Tracer 900

TFT F&T: £128.22
Fully comp: £157.34

Yamaha Tracer 900GT

TFT F&T: £128.22
Fully comp: £157.34

Yamaha XSR900

TFT F&T: £120.89
Fully comp: £146.58

Interestingly, despite all five bikes sharing exactly the same motor there is a variation of nearly £30 with the MT-09SP the most expensive and the XSR900 the cheapest to insure.

The insurers see no difference in risk between the Tracer models, but the SP’s flashy suspension and sporty tag does boost its premium.

So it seems that if you want to reduce your insurance premium, it is best to go retro!

Is your bike insurance due? We compare against all the top insurers in one place to give you the cheapest deal possible. See for yourself, get an online quote with MCN Compare (online and over the phone).

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