How much does moped insurance cost?

How much does UK moped insurance cost?

The average cost of moped insurance in the UK is £279 per year. This is based on an average of moped insurance quotes generated by GoCompare between 1 January and 30 April 2017. This is an average of third-party, third-party, fire and theft, and comprehensive policies.

Compare moped insurance quotes with GoCompare

The more comprehensive a policy the higher the premiums. The average premium for a third-party policy is £252. Third-party, fire and theft averages at £259, whereas comprehensive policies cost £310 on average.

Bear in mind that even though third-party policies are cheaper than third-party, fire and theft or comprehensive policies, the latter two offer greater levels of cover than just third-party alone.

The cheapest premiums for moped riders are for the over 65s, with average premiums at £95 per year.

Those using their mopeds for businesses, such as food delivery or being a courier, will get significantly higher premiums. For instance, the average premium for someone using their moped to deliver fast food is £1,332.

This article looks at what you need to know when getting a moped insurance quote and how to potentially save money.

Factors that affect the price of moped and scooter insurance

  • Age Riders with more experience will have a cheaper moped insurance premium. Insurers do see younger people as higher risk which is why a 25-year-old who has recently obtained a licence is still likely to be quoted a lower price than a 16-year-old.
  • Licence and driving courses The type of licence you hold, and whether you have any advanced rider qualifications, are good indicators of experience. To ride a moped you only need a provisional licence and L plates. This might be cheaper and more convenient than paying for driving lessons, but holding a full licence will bring insurance costs down.
  • Size of engine Generally the more powerful the engine the more risk there is of a serious accident. So the higher the cc, the higher the insurance premium.
  • Security Investing in security for your moped could generate modest savings. Moped insurers will ask whether you have an alarm, security markings, tracking devices and where the moped is stored at night.
  • No claims bonus Like car insurance, the safer you ride and the longer you go without making any claims on your moped insurance the greater discount you’ll be eligible for. If you’re driving on a provisional licence it will still count towards your no claims bonus and you can transfer your bonus if you switch insurers.
  • Excess The excess is the compulsory amount you will have to pay if you make a claim. Insurers should give you a selection of amounts to choose from when you take out the policy, for example, £100, £250 or £500. The higher you set the excess the cheaper the premium will be, but make sure you can afford to pay it if you have an accident.
  • Where you live You can’t control it but your postcode does have an impact on your premium. If you live in a city your insurance is likely to be more expensive.

There are a number of other factors that can affect the cost of insurance, such as the make and model of the scooter. Classic mopeds look great but will cost more to insure.

Insurers will offer different prices so it’s worth shopping around and comparing quotes. They’ll also include different things in their policies; for example, some may include helmets and leathers as standard while others will offer it as a paid-for extra.

What's the cheapest moped insurance?

Third-party moped insurance is likely to be the cheapest, but it only covers you if you hurt someone else or damage their property, which means that if your bike gets damaged you'd have to pay out of pocket. It’s important to make sure you select the right level of cover.

Although third-party moped insurance will be cheapest you could end up paying more and being off the road longer if your bike is stolen or damaged and you’re hit with expensive repairs or replacement costs.

Comprehensive cover will cost more but it will give you peace of mind that you’ll be covered for all eventualities.

If you spend a bit of money upfront on things like security and advanced rider training you can make long-term savings on insurance. But even if money is tight when you first get a moped, with a little bit of knowledge and price comparison you should be able to find affordable insurance.

How much is UK scooter insurance for a 16-year-old?

Premiums may start from around £400 to around £2,800 for a comprehensive policy, based on quotes obtained from GoCompare in October 2018.

Sixteen is the earliest you would be legally allowed to ride a scooter; therefore, 16-year-olds don't have any previous driving experience. This means moped insurance will naturally be more expensive for a 16-year-old. This is the age group for which moped insurance is likely to be the most expensive.

Our quote is for a 16-year-old based in Milton Keynes, driving a 2015 vespa-piaggio equipped with a security and tracking device.

How much is insurance for a 50cc moped in the UK?

For a 65-year-old on a full driving licence and with 20 years of driving experience, between £120 to £560 a year, based on quotes we obtained from GoCompare in October 2018.

But your actual price will depend primarily on your age and experience.

See what else could affect the price of your moped insurance above.

Mopeds are cheap to run and cheap to insure

Mopeds are cheap to buy, run and insure so they’re a great option for young people traveling to and from school, work or university, and commuters who want a quick way to navigate through UK cities.

It’s possible to ride them on a provisional licence when you’re 16 but like with a car, it’s a legal requirement to have insurance.

You can get a quote for your bike on

*All average prices on the page are based on moped insurance quotes generated by GoCompare between 1 January and 30 April 2017.

This article was written by Bought By Many. We were not paid to write it but we will receive commission if clicking on a link to one of the named insurers results in a reader taking out a policy with that insurer. We also charge for advertising space so a particular insurer may be highlighted in the article and, where insurers are listed, it can dictate where they appear in the list.