Honda Grom is a small, easy-to-ride motorbike manufactured by Honda Motorcycle. It’s an ideal option for riders who want to enjoy the outdoors and have a reliable, lightweight, low-priced bike. This versatile machine was released in 2013 and has grown immensely popular among motorcycle enthusiasts worldwide.
The Honda Grom is powered by a 124 cc single-cylinder fuel-injected engine, producing a maximum power of 9.7 horsepower. It has an automatic 4-speed transmission, an inverted fork suspension, and a single-shock rear suspension for improved handling on all terrain. Additionally, it features a 94 lb curb weight and comes in two color options – black or red.
The Honda Grom has been designed to be practical and fun for many years. The lightweight frame makes the bike incredibly easy to maneuver, which is excellent for commuters, learners, and experienced riders. The powerful yet efficient engine makes it perfect for urban environments and off-road excursions, delivering plenty of torque in a package that won’t break the bank in terms of fuel economy or maintenance costs. Furthermore, it comes standard with ABS brakes, providing additional stopping power when needed and increasing safety while riding in inclement weather conditions or on slippery surfaces.
The MSRP (manufacturer’s suggested retail price) for the 2020 Honda Grom starts at USD 3299 in the United States. This price point fits perfectly into the budget range of most riders looking for an entry-level machine that still packs plenty of punch. Furthermore, optional accessories such as LED lighting,g kits, or carbon fiber parts can easily be added when using aftermarket vendors – allowing riders to customize their ride even further without breaking the bank balance too much!
Overall, the Honda Grom is ideal for anyone looking for a low-cost but reliable motorcycle with plenty of performance and style combined into one neat package – perfect whether you’re commuting around town or enjoying some off-road adventures during your spare time!
How Much is Insurance for a Honda Grom?
Based on the latest 2023 research, the average full insurance coverage for Honda Grom is $278, while liability-only is $158. The cost of insurance for a Honda Grom varies widely depending on factors such as age, location, driving record, and type of coverage.
Below are some generalizations and observations from the provided data:
- Age: Younger drivers, specifically those below 21, pay more for insurance. This is likely due to insurance companies considering them a higher risk due to a lack of driving experience. For example, a 15-year-old male in Colorado pays $305 per year, while a 21-year-old in Kentucky pays $606 yearly.
- Location: The state you live in can significantly affect your insurance premiums. For example, a male in his 30s pays $275 per year in New Jersey but pays $403 per year for full coverage in Northern California.
- Driving Record: Your driving record also plays a role in determining insurance costs. Having incidents like accidents or tickets can increase insurance costs. This is evidenced by the 29-year-old male from Philadelphia who had one accident and paid $358/year for full coverage, while a 40-year-old male in Minnesota with one ticket is paying $106/year for full coverage.
- Type of Coverage: The type and extent of coverage can significantly impact the annual insurance premium. For instance, a male in his 40s in Arizona pays $201/year for comprehensive coverage (which does not include collision coverage). In contrast, a 23-year-old male in the same state pays $664/year (coverage type not specified).
- The data suggest that insurance costs tend to decrease as age increases, given a clean driving record and the same level of coverage. For instance, a 35-year-old male in Arizona pays only $88/year for full coverage, significantly less than the younger ages.
Data presented in my dataset only represents male drivers, so these generalizations may not apply to female drivers or other demographics. Also, many factors, such as the length of riding experience, completion of safety courses, the actual amount of coverage, and the specific insurer, can significantly affect these costs.
When choosing insurance, it’s always important to get several quotes and consider multiple factors. Insurers can offer a wide range of premiums for the same person and vehicle, so it’s worth shopping around.
Insurance for a Honda Grom varies depending on the type of coverage, the rider’s age, the driving record, and where the rider lives. Insurance typically costs less for younger riders, those with a good driving record, and those who live in lower-crime areas. In general, expect to pay anywhere from $100 to $500 per year for insurance on a Honda Grom.
When shopping for insurance for a Honda Grom, riders should consider the type of coverage they need. Liability insurance covers damages to other people’s property or physical injuries caused by the rider. Comprehensive and collision coverage will help cover repair costs if the bike is damaged or stolen. Riders may also consider personal injury protection or uninsured/underinsured motorist (UIM) coverage options.
In addition to the type of coverage, riders should also consider their particular circumstances when determining how much insurance they need on their Honda Grom. Younger riders often pay more for insurance because they are considered higher-risk drivers due to their inexperience and lack of driving history. Those with a history of reckless driving may also pay higher rates than those with clean records. And riders in high-crime areas may see higher rates than those in low-crime neighborhoods.
Riders must compare quotes from multiple companies to get the best deal possible when looking for an insurance policy for a Honda Grom. Remember that some insurers may offer discounts based on riding safety courses or membership in specific organizations like AARP or AAA. It’s also essential to read through each policy carefully to know what is covered and not included before signing up for any policy.
No matter what kind of coverage you choose, it’s vital that you stay informed about how much your Honda Grom is worth so you can insure it properly and avoid overspending on your premiums. Make sure you periodically check your area’s market rate so you can adjust your coverage as needed based on changes in value or specific circumstances, such as moving locations.
Overall, while there is no one-size-fits-all answer to determining the cost of insurance for a Honda Grom, understanding what factors influence your rate will help ensure you get adequate protection at an affordable price that works within your budget constraints.
From 2022.,Jason writes educational insurance articles for Promtinsurance.com.
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