Moped Insurance Costs

Difference in premiums between cities and towns

Where you live matters because theft and vandalism are proportionally more common in a big city than in rural areas. If you live in a big city, you’ll likely pay a slightly higher premium for your moped insurance.

The more claim-free years you have, the bigger the discount

Your claim-free years also have an impact. The more claim-free years you’ve accumulated, the bigger the discount you’ll receive on your premium. In many cases, it’s also possible to apply claim-free years from another vehicle toward your moped insurance.

Third-Party Liability Moped Insurance

In the Netherlands, you are required to have at least third-party liability insurance for your moped. This is the basic coverage. It insures you against damage you cause to others while riding your moped. Damage to your own moped is not covered. Because the coverage provided by third-party liability moped insurance is limited, it is also the least expensive option.

Moped Insurance Costs by Type of Coverage

One of the most important factors in calculating the premium is the type of coverage you choose.

Higher premiums for young drivers

You can't change your age or where you currently live. So why does this matter when it comes to your premium? Young drivers usually pose a greater risk than older, more experienced drivers. Insurers have found that young drivers are more likely to cause accidents. That's why younger drivers pay higher premiums.

Insurance in the parents' name

Does your son or daughter ride a moped? As a parent, you might want to put the moped insurance in your own name to save money. Unfortunately, this doesn’t work in your favor. You’ll have to list your son or daughter as the youngest driver.

If you don't do this and damage occurs, it will cause problems with the insurance company.