There’s something about riding on the road on an automobile that’s thrilling. But even the most skilled motorcycle riders aren’t immune to accidents, so it’s crucial to prepare by having a good motorcycle insurance plan that provides all the protection you need. When looking at options for insurance for your motorcycle it is important to think about the larger image as in addition to the smaller particulars. This is to protect investments like custom-made parts or expensive motorcycle equipment that does not all insurance companies are willing to cover , in addition to satisfying the minimum requirements of your state for liability insurance. To simplify things for you, we have read the fine print of policies for over 30 nationwide motorcycle insurance providers to identify the top options for coverage, discounts, fulfillment, among other benefits. Based on our research we’ve compiled the top six companies offering motorcycle insurance. Below are motorcycle insurance deals from our advertising partners, and then our full list of the top companies for motorcycle insurance we’ve discovered.
Best Motorcycle Insurance of 2022
1.Markel
With over 90% of its experience, and a broad range of options for coverage, Markel earns its title as the most comprehensive choice to insure motorcycles. Although it doesn’t provide all of the technology tools offered by larger companies but it can make up for it with the variety of discount options and coverage.
Coverage
Markel provides customizable policies for its motorcycle insurance to ensure that you can secure your bike as well as all its accessories. In Markel’s guidelines, Markel provides the following kinds of insurance:
- Bodily injury and property damage liability
- Passenger liability for anyone riding with you
- Medical payments and funeral expenses
- Collision and comprehensive
- Accessory coverage up to $30,000
- Uninsured motorist coverage
- Mechanical breakdown and trailer coverage
- Roadside assistance
- Trip interruption and rental reimbursement
Additionally, Markel insures more motorcycle kinds than typical which makes it a good choice to anyone who is having difficulty getting coverage. Markel provides coverage for all the following types of motorcycles and trikes:
- Cruisers
- Touring motorcycles
- Sportbikes
- Sport-touring bikes
- Big twins
- Street bikes
- Scooters/mopeds
- Dirt bikes
- Trikes
- Custom motorcycles
Discounts
Markel provides a variety of discounts to its customers, that can help insured drivers of motorcycles up to 35% off their usual cost of insurance. The discounts offered include:
- Transfer discount of 10% off just for switching to Markel
- Anti-lock brakes discount
- Anti-theft alarm discount
- Multi-unit discount for those who insure more than one motorcycle
- Renewal discount for drivers who continue to use Markel year after year
- Safe driver discount for those who go accident-free or take a safety course
Customer Satisfaction
Markel is a veteran with more than 90 years expertise in the insurance industry. Markel holds a rating of financial strength of A from AM Best. Even though Markel is not as large as other insurers, it has only a few complaints. For 2021 the business had just four complaints to the state insurance agencies. The company has consistently had fewer complaints in the nation’s complaint index contrasted with other businesses of all sizes.
Limitations
Markel operates in each state, excluding Massachusetts in Massachusetts and North Carolina, and coverages and limitations may differ depending on the state or geographical area. It also does not have an app for smartphones or other features that more well-known brands might offer. The company provides online management of policies as well as claim file.
Additional Perks
Markel might not have the reach of larger firms like Geico and State Farm, but it has a few advantages that the majority of motorcycle insurance companies don’t. To begin, Markel has mechanical breakdown protection for riders. This covers any repairs your motorcycle requires because of normal wear and wear and tear. Many insurance companies leave this type of coverage to extended warranty providers However, Markel offers the coverage as standard that is beneficial for people who have older bikes. The decreasing deductible program is yet another discount option that helps Markel different from the other providers. Every year that a insured driver is not involved in an accident, Markel provides a reduction of 25% of the driver’s insurance deductible up to the point that it is zero after four consecutive years without a loss. In addition, Markel is one of the few insurance companies for motorcycles with an option to forgive accidents. If you are involved in an at-fault crash within the first four years without a single accident, Markel will waive its accident surcharge. This is a great incentive for safe drivers who get into small accidents.
2.Safeco
More than one dozen discounts options, Safeco offers customers more options to save money than its rivals. Safeco also offers benefits that are free, which the competitors typically charge and makes it a good choice for low-cost motorcycle insurance.
Coverage
Similar to other insurance companies on this listing, Safeco provides all of the essential types of insurance you’d want or require such as:
- Property damage and bodily injury liability
- Passenger liability
- Collision
- Uninsured motorist coverage
However it provides:
- Roadside assistance and trip interruption coverage
- Custom parts and equipment coverage
- OEM parts provisions
- Riding gear and accessory replacement
- New Harley-Davidson replacement coverage for two years
Discounts
More than one dozen discounts for motorcyclists Safeco provides some of the most affordable savings in the business. You can reduce the cost of your ride by stacking some discount coupons:
- Safe-driving discount for those who complete a motorcycle safety course
- Riding-club discounts if you join one of 24 riding club partners
- Experienced-rider discounts based on age and claims-free riding history
- Garage storage and homeowner discounts (for qualifying members)
- Safety and anti-theft discounts for bikes that qualify
- Multi-cycle and multi-policy discounts for those who bundle
- Continuous coverage and claims-free renewal discounts for customers
- Pay-in-full discount for those who pay their annual premium upfront
Customer Satisfaction
Contrary to some insurance companies who aren’t able to connect with customers, Safeco prides itself on having local agents available and their attention to your needs and ensuring that you’re covered require whenever you’re in the open. Safeco as well as its sibling business, Liberty Mutual, have been given A ratings by AM Best. In addition it is reported by the National Association of Insurance Commissioners has reported that Safeco has more than twice the number of complaints would be expected on the market.
Limitations
Safeco isn’t the best choice for anyone who want a premium online experience. You must speak to the representative directly to receive an estimate, and its online resources are limited, not even its smartphone app, accessible via Apple or Google Play.
Additional Perks
Although some people see having local agents as a disadvantage, others consider it a benefit. With Safeco offers the advantages of both. There is a local agent who is available, but you can make claims online and check the policy anytime via Safeco’s online customer portal and mobile application. Apart from a few specific coverage options like insurance for your riding gear and custom parts Safeco is a standard firm that offers basic options. However, if you’re searching for low-cost insurance that isn’t adorned with bells and bells, you’ll save a lot of dollars by choosing Safeco.
3.Harley-Davidson
Who is better at understanding motorcycles than the most renowned manufacturers of motorcycles around the globe? You can now purchase your motorcycle through Harley-Davidson and also receive insurance directly from your Harley dealer. The company will cover all types of motorcycles and also offers a few enticing benefits It’s an excellent choice for those who are new to motorbike riding.
Coverage
Whatever kind or model of motorcycle you have, Harley-Davidson Insurance is ready and ready to provide insurance. The choices include:
- Property damage and bodily injury liability
- Passenger liability
- Collision and comprehensive
- Uninsured motorist coverage
- Medical payment provisions
- Personal injury protection
- Guaranteed Asset Protection (GAP) coverage
- Accident forgiveness
Additionally, Harley-Davidson provides some snazzy extras with all of its policies:
- 24/7 roadside assistance for towing, battery replacement, fuel shortage, flat tires, and lost keys
- Optional equipment coverage for custom or after-market parts
- Bike replacement cost payouts in the case of a total loss
- Rental reimbursement while your bike is in the shop
- Vacation rental coverage if you rent a motorcycle while on vacation
- Theft protection in the case of a stolen bike
- Appearance protection for your paint job or leather
- Maintenance plan and extended warranty coverage
Discounts
In addition to the long list of coverages offered, Harley-Davidson offers a wide variety of discounts to its customers:
- Motorcycle license endorsement and experienced driver discounts
- Discounts for Harley Owners Group members
- Riding academy discount if you completed an approved safety course in the last five years
- New bike discount
- Multi-cycle and bundle discounts
- Anti-theft device discount
- Claims-free discount for every six months you remain accident-free
- Customer loyalty discount for every year you remain a Harley-Davidson insurance customer
- Paid on time discount when you renew your policy after making consistent on-time payments
- Homeownership discount regardless of your homeowner’s insurance company
Customer Satisfaction
Although Harley-Davidson is considered to be one of the most reputable motorcycle manufacturers worldwide and has a loyal customer, the company’s motorcycle insurance is provided through Sentry Insurance. It’s difficult to determine the satisfaction of customers with the Harley-Davidson insurance company as an individual company. But, Sentry Insurance maintains an A+ rating for financial solidity by AM Best.
Limitations
Harley-Davidson isn’t able to provide insurance for Alaska, Hawaii, or Washington, D.C. Policies and coverage also differ from state-to-state It is therefore recommended to speak with someone in person or get an online quote prior to switching to Harley-Davidson. Additionally, the company doesn’t provide a mobile application therefore your business needs to be done on the web, via phone as well as in-person, and this could make it difficult for tech-savvy clients to join.
Additional Perks
Overall, the Harley-Davidson perks provide a viable option for riders who are just starting out. In addition to its guidelines, the firm provides extra service packages, appearance and theft security, scheduled maintenance plans, loan for bikes and the Visa reward card, which lets customers to use points to purchase Harley-Davidson products and accessories, all of which can will be useful for new riders. Harley-Davidson also has an impressive accident forgiveness program as the standard feature the policies. If you keep your Harley-Davidson motorbike insurance a minimum of one year, your rates will not increase following your first crash.
4.Dairyland
Although many companies offer insurance for motorbikes these days however, few of them will take on high-risk drivers. Data gathered by National Highway Traffic Safety Administration in 2019 revealed that motorcycles were more often at risk of fatal crashes with stationary objects than other types of vehicles. 8 However high-risk motorcyclists who have a poor driving record can get coverage via Dairyland Insurance.
Coverage
Dairyland offers numerous options of coverage for riders of almost any kind of scooter, motorcycle or moped. Options for coverage include:
- Property damage and bodily injury liability
- Passenger liability
- Collision and comprehensive
- Uninsured motorist coverage
- Medical payment provisions
- Personal injury protection
- 24/7 roadside assistance
- Rental reimbursement
Additionally due to Dairyland’s physical damage and security, you can rest sure that you’ll get original manufacturer replacement parts whenever your bike needs to be repaired. Additionally, you’ll be covered for equipment that is specific to your needs and also after-market or custom parts on your bike. This is beneficial for those who love to customize their vehicle.
Discounts
Although it isn’t as comprehensive as other insurance companies, Dairyland does offer the discounts listed below specifically for riders of motorcycles:
- Rider course discount for those who pass a safety course
- Rider group discount for those who belong to a motorcycle club
- Transfer discount for riders who switch to Dairyland
- Loyalty discount for customers who stick with Dairyland for more than one year
- Homeowner discount for those who own an insured home
- Multi-cycle discount for customers who insure more than one bike
Customer Satisfaction
Dairyland along with its main company Sentry Insurance, receive top ratings for their financial stability. Sentry Insurance maintains an A+ rating for financial solidity at AM Best.
Limitations
Unfortunately, Dairyland’s motorcycle insurance isn’t offered in all states. Dairyland’s policies are targeted at high-risk drivers, which means that the risk assumed is higher. Drivers who have clean records and credit scores may discover that Dairyland’s rates are not as competitive as those they get from other businesses.
Additional Perks
Contrary to some of the other insurance companies listed on the list Dairyland provides a number of online tools to assist customers manage their insurance policies online. Dairyland’s mobile application permits customers with Apple as well as Android smartphones to make payments, get access to account information, and even view insurance cards. The Dairyland website is functional and easy to navigate and you can use the tools to file claims as well as take care of other insurance issues in the comfort at home all day long. In addition there is it’s Physical Damage Plus coverage is an excellent perk since other insurance companies that provide replacement parts coverage don’t necessarily pay for original, genuine parts. If you’re concerned about maintaining integrity of your bike then the Dairyland’s Physical Damage Plus may prove advantageous in the event in the event of a crash on your bike. USAA offers a broad range of investment and insurance services. In addition, the business consistently receives top ratings from rating companies like J.D. Power. If you’re currently or former military personnel you, should you should look no further than USAA for motorcycle insurance.
5.USAA
Although USAA might not have some of the extra protection features offered by other insurance companies, a lot of military personnel opt for it due to its low costs as well as attractive discount rates. They offer discounts for multiple policies for those who bundle motorcycle insurance with other policies like homeowners, car as well as life insurance. Discounts for multiple bikes for those who are insured for multiple bikes with USAA. Discount for safety training when you complete an approved course on motorcycle safety. Discount for good drivers every year you’re free of accidents.
Coverage
USAA offers all of the basic types of coverage for your motorcycle, including:
- Property damage and bodily injury liability
- Collision and comprehensive
- Uninsured motorist coverage
- Medical payment provisions
- 24/7 roadside assistance
While USAA’s motorcycle coverage is pretty bare-bones, the company does cover nearly any type of bike and trike, including:
- Cruisers
- Touring motorcycles
- Sport bikes
- Street bikes
- Scooters/mopeds
- Dirt bikes
- ATVs
Discounts
While USAA may lack some of the added coverage features of other insurance companies, many military members choose it because of the low rates and attractive discounts. The latter include Multiple-policy discount for those who bundle their motorcycle insurance and other policies such as car, homeowners, and life insurance. Multi-cycle discount for those who insure multiple bikes through USAA. Safety training discount for those who complete an approved motorcycle safety course. Good driver discount for every year you remain accident-free.
Customer Satisfaction
If you ask anyone USAA customer what the most satisfying feature in their policy and, more than likely, they’ll be able to mention their exceptional customer service. USAA has received better ratings than any other insurer in J.D. Power’s 2021 Insurance Shopping Study and 2021 Claims Satisfaction Study.
Limitations
USAA insurance is only available to former or current military personnel and their immediate family members. While this isn’t a huge restriction but it permits USAA to provide a high-quality service to those who sign on for the toughest and most risky jobs around the globe.
Additional Perks
USAA offers several easy payment options to its customers. You can either pay for your insurance in full or pay your policy in monthly installments. It is possible to schedule automatic payments using your checking account, or make payments using credit card, electronic fund transfer money order or PayPal. USAA currently offers its customers mobile apps which allow you to pay via Google Pay, Apple Pay as well as Samsung Pay. You can also connect credit card details to the phone and pay using it. Alongside paying your bills, you’ll also be able to access all of your USAA products which include insurance and banking as well as investing services. Additionally, you can use tools to calculate a loan as well as to assist in finding an ATM.
6.Foremost
There aren’t all motorcycles built in the same way, and the company recognizes that. It’s among the few companies that offer protection for special versions of motorcycles.
Coverage
Customized or vintage bikes aren’t the only kinds of bikes that Foremost covers. Foremost covers nearly every type of motorbike or low-speed vehicle. While Foremost offers its insurance options into packages, it provides all the fundamental types of coverage: bodily injury and property damage liability
Collision
Medical payment protection, 24/7 roadside assistance, and Custom Parts coverage of up to $30,000. In addition, Foremost provides the following coverage enhancements or additional services based on the coverage package you select such as helmet and safety clothing protection, optional insurance for equipment, Personal insurance for effects, Trip disruption and rent reimbursement, Total loss replacement five years or more, and Trailer insurance. Apart from having three different levels of insurance for standard motorcycles Foremost is among the few companies which offers specialized insurance for certain types of motorcycles. Vintage and Vintage Elite plans Vintage and Vintage Elite plans offer coverage for specific motorcycles that are at less than 25 years old that have been properly maintained or repaired. The Custom as well as Custom Elite plans offer coverage specifically for “limited production, one-of-a-kind motorcycles or bikes with more than $30,000 in optional equipment.”
Discounts
Foremost also offers a huge number of discounts to customers that are not available anywhere and elsewhere. The discounts include the DOT-approved helmet provision that gives you with an additional $500 worth of medical insurance for free only by wearing a helmet as you are riding. Higher limits let you lower the cost of your insurance by customizing your collision, liability, and uninsured motorist insurance. Provisions for recovery of stolen property that grant you a $500 credit towards your deductible for comprehensive coverage if you install theft recovery devices onto your bicycle. Safety equipment discounts on bikes with security features. Discounts for safe drivers who have completed a motorcycle safety training. First accident waivers in the event that you’ve experienced an incident-free ride. Affinity member discounts are available to those who belong to associations like AARP Multi-bike discount is for insuring multiple bikes. Multi-policy discount to bundle policies. Discount on renewal of policies for continuing to make use of Foremost for your insurance.
Customer Satisfaction
While the business is a part to Farmers Insurance Group, Foremost Insurance is a stand-alone company with a score of A by AM Best. The company, however, Farmers Insurance Group received an average score of a minus in J.D. Power’s 2021 Insurance Claims Satisfaction Study.
Limitations
In light of the size and structure Foremost motorcycle insurance is a must, but comes with a few limitations. It is not offered within Hawaii or Massachusetts in addition to some insurance options and policies cannot be found in every geographical regions. Additionally, Foremost does not offer insurance to drivers at risk, specifically those with an unlicensed or suspended license. Foremost is also able to determine premiums or deny coverage depending on your credit score. This means that it might not be the best choice for those with poor credit scores.
Additional Perks
Although foremost does not offer many other benefits, the fact that it offers an unusually high amount of $3,500 of protection for equipment that can be customized and certain policies for customized bikes is a great option for those who put a lot of time and money in their bikes.