What does moped insurance cost?

Are you looking for insurance for your moped? Then of course you are wondering exactly what the cost of a moped insurance policy is. As with most vehicle insurance, that depends on a number of factors.

Don't feel like going through dozens of websites to compare different insurance policies? On Alpina.nl you can easily compare the moped insurance of different insurers. You then choose the moped insurance that suits you best. That way, the cost of your moped insurance will never be too high.

Is moped insurance mandatory?

In the Netherlands, taking out a WA moped insurance is required by law. This is required as soon as the license plate is in your name. You are then insured against damage you cause to others. The RDW checks at least once a year whether your moped is insured. If it is not, you risk a fine. That would be a shame, because the average cost of a moped insurance is a lot less than the €360 fine.

Cost of moped insurance

The cost of moped insurance depends on a number of factors. As with car insurance, it looks at your age, place of residence and the number of claim-free years you have accumulated. The more claim-free years you have, the lower the premium. In addition, the brand and year of manufacture of the moped are also taken into account. This is how the insurer determines the catalog value and the daily value of the moped. The list value is what the moped bike cost when it was purchased, the daily value is what it is worth now. When calculating the cost of moped insurance, the list value is important. Insurers lose more money in case of damage to an expensive moped than to a cheaper one. Therefore, the higher the list value, the higher the premium.

Monthly cost of moped insurance

The monthly cost of moped insurance depends mainly on the coverage you choose. As you have already read, you are required by law to purchase at least third-party coverage. This is the cheapest form of coverage. When you choose the WA + Limited Comprehensive Vehicle insurance, you are also insured for glass breakage and damage caused by fire, theft and storm. TPL + Fully comprehensive insurance, also called all-risk insurance, is the most comprehensive coverage. You are then also insured for damage caused by collisions, overturning, skidding and running off the road.

The average cost of moped insurance per month depends on the above factors, but typically ranges from a few euros to several tens of euros.