Honda Rebel 500 Insurance

The Honda Rebel 500, also known as the CMX 500, was introduced in 2017 as a next-generation, bobber-style redesign of the company’s beloved Rebel 250/450. It’s likely that more people have learned to ride on the original Rebel that any other machine, as the bike has been a mainstay of the Motorcycle Safety Foundation for three decades.

The new Honda Rebel debuted to considerable applause. Cycle World selected the 300cc machine as their “Best Lightweight Streetbike” in 2017, while Cruiser named it their “Cruiser of the Year.” The Rebel 500 is virtual identical to the Rebel 300 except for a larger engine, a 471cc liquid-cooled parallel-twin with 45.5 hp.

The Honda Rebel 500 costs slightly more than $6000, which begs the question:  how much is insurance? Below, we find out.

Honda Rebel 500 Insurance Rates

Please keep in mind that insurance rates vary hugely depending on the age of rider, driving record, location, credit, and the company insuring the bike. However, we have gathered a few example rates from Rebel 500 owners and riders.

• Male, 45, California, clean record, full coverage:  $484/year
• Male, 32, California, clean record, full coverage: $650/year
• Male, 41, Illinois, clean record, minimum liability and comprehensive:  $108/year
• Male, 50+, Florida, clean record, full coverage: $128 per year
• Male, 43, Florida, “almost” clean record, full coverage: $468
• Female, 37, Texas, two speeding tickets, full coverage:  $938

Rates vary widely, as you can see. iders have reported some certain insurers charged double those of others for the same bike and coverage. Says one veteran member of the Honda Rebel 3 Forum:

“Varies so much from locale to locale, even in the same state, that you need to get direct quotes. Imagine reason you are asking is due to not wanting to wind up spending exorbitant amount. That’s why I’d recommend getting several.”

As you can see, it’s imperative to compare rates from multiple companies to find the best rate. Fortunately, we can help. Enter your zip code below to begin.

Honda Rebel History

Back in 1985, the original Honda Rebel 250 debuted with a 234cc air-cooled straight twin, aimed to target a young audience of new riders “such as those who watch MTV.” Quickly, however, the Honda Rebel became the workhorse of the Motorcycle Safety Foundation (MSF) and one of the most beloved entry-level motorcycles ever made.

In 2017, Honda introduced a completely redesigned Honda Rebel, in 300cc and 500cc models. The Rebel 500 has a 45.5 horsepower liquid-cooled straight twin from the CBR500R.  It weighs around 400 lbs, has a low-slung seat, bobber styling, and an MSRP of around $6300.

Honda Rebel 500 Coverage

In the United States, liability coverage is mandatory in most states, though limits vary.  Importantly, if you finance your bike, the lender will require you to carry full coverage, which includes both collision and comprehensive coverage. While this will increase your premiums, it’s important to realize that liability coverage only covers damages to another person or their property in an accident — it does not over your bike.