Open roads offer an exhilarating experience for people who ride motorcycles. Even though it's a lot of fun, riding a motorcycle can put you in harm's way. Motorcycles present their own distinct dangers, and the consequences of an accident can be extremely severe. Because of this, purchasing a motorcycle insurance policy will provide the necessary protection against financial losses that may be incurred as a result of physical injuries, damage to property, and other types of losses. You need to find a company that is aware of the specific dangers that come with riding a motorcycle. In order to be of assistance, we have compiled a list of some of the best motorcycle insurance policies that are currently available on the market. The following motorcycle insurance deals are brought to you in conjunction with MediaAlpha thanks to our partnership. You'll find more information on our top choices for the best products and services available to motorcycle owners just below the table.
The Very Best Insurance for Motorcycles
Best Overall: Markel Best for Young Drivers: Allstate Best Insurance Company for Affordable Coverage: Safeco Best Choice for Military Personnel: USAA Best for Policy Bundling: Farmers Best Option for Responsible Drivers: Nationwide The Best option for high-risk drivers: DairylandMarkel
Markel Insurance has an advantage that the other insurance companies on this list cannot claim, and that advantage is the following: Over the course of more than 45 years, it has made its speciality motorcycle insurance. There is a policy available from Markel that will cover virtually any kind of motorcycle, including cruisers, touring motorcycles, sport bikes, sport-touring bikes, big twins, street bikes, scooters/mopeds, dirt bikes, trikes, and other custom motorcycles. Markel provides a wide variety of discounts, the accumulation of which can result in savings of up to 35% off your motorcycle insurance policy. A transfer discount of ten per cent is also available in addition to discounts for anti-lock brakes, anti-theft alarms, multiple units, renewals, safe drivers, safety courses, accident forgiveness, and multi-unit discounts. There is a diminishing deductible for safe drivers, which means that your deductible will decrease by 25% for each policy year that you do not have an accident while you are covered by the policy. The following are the different types of motorcycle insurance coverage that are offered through Markel: collision, comprehensive, accessory coverage, uninsured/underinsured motorist, mechanical breakdown, trailer, medical payments, funeral expense, bodily injury/property damage liability, passenger liability, roadside assistance, emergency delivery of supplies, emergency tyre and battery service, emergency trip interruption reimbursement, customised road mapping service, locksmith service, and replacement parts and services.Allstate
A well-known name in the insurance industry, Allstate is also one of the most significant personal line insurers in the United States. Young motorists will benefit greatly from Allstate's motorcycle insurance because it includes a number of distinctive features that are designed specifically for them. The Allstate Rider Protection Project is a safety training programme that provides educational resources for motorcycle drivers. The First-Accident Waiver programme from Allstate forgives the first motorcycle accident that you are responsible for without increasing your insurance premium. Options for coverage include medical payments, personal injury protection, collision, comprehensive, uninsured/underinsured motorist, off-road vehicle transport and trailer damage insurance, property damage/bodily injury liability, optional/added equipment coverage, towing, lease/loan gap coverage, and rental reimbursement. Other coverage options include off-road vehicle transport and trailer damage insurance. Lastly, coverage options include rental reimbursement. You may be eligible for discounts on your motorcycle insurance premium such as multi-policy, good rider (accident-free), transfer discount, motorcycle safety course, and a motorcycle organisation discount for belonging to an approved motorcycle association. These discounts can help you save a significant amount of money on your premium.Safeco Insurance
Safeco, which is a subsidiary of the Liberty Mutual Insurance Group, provides reasonably priced insurance protection for almost any kind of motorcycle, such as scooters, mopeds, sport bikes, cruisers, dirt bikes, and touring bikes. However, coverage is not provided for motorcycles that are entered into races or speed competitions, nor is it provided for motorcycles that have nitrous oxide kits installed. Optional coverages include bodily injury liability, collision, and medical payments, in addition to roadside assistance and original equipment manufacturer (OEM) parts. There is the option of receiving full reimbursement for the value of a Harley-Davidson motorcycle, and there is also the option of receiving full reimbursement for any safety apparel that was worn but was damaged or lost as a result of an accident. A motorcycle safety course discount, a discount for bundling with another Safeco insurance product, and a discount for going a year without filing a claim are among the available discounts.USAA
Since the 1920s, USAA has been there for military personnel and their families when it comes to providing insurance coverage. Members of the United States Armed Forces, regardless of their specific role (reserve, national guard, etc.), veterans, pre-commissioned officers, and their families (spouses and children) are eligible to purchase motorcycle insurance. If you are not a member of USAA, you will not receive a complete explanation of any of the many member benefits the organisation offers. The fact that USAA gives its members a share of its profits is one of the organization's many advantages. Coverages such as liability for bodily injury and property damage, comprehensive, collision, uninsured/underinsured motorist, medical payments, and roadside assistance are provided by the insurance company. When members of USAA purchase motorcycle insurance, they are eligible for a variety of discounts. A multi-vehicle discount, a defensive driving course discount, and a good driver discount are just some of the discounts that are available.Farmers Insurance
You can get a discount for insuring multiple things with the same company, like your car, your house, your motorcycle, and even your life, and Farmers Insurance allows you to do all of these things. It makes perfect sense to include motorcycle insurance in your other Farmers’ insurance policies if you are already a customer of the company. In addition to the discount for having multiple policies with the same company, you may be eligible for additional savings by completing a recognised driver safety programme, installing airbags and anti-lock brakes, and being a preferred operator. Options for coverage include liability for property damage and bodily injury, collision, comprehensive, medical payments, coverage for medical apparel, coverage for optional equipment up to $15,000, coverage for trailer transport up to $7,500, towing and roadside assistance, and coverage for total loss for five years. There is also the possibility of increased liability limits.Nationwide Insurance
For motorcycle drivers who have a history of safe driving, Nationwide Insurance offers a number of distinctive policy options, one of which is a "vanishing deductible" option. This feature lowers your policy deductible by $100 (up to $500) for every policy year in which you do not file a claim. The option of a vanishing deductible is not exclusive to Nationwide; however, the $100 deduction is more than some other insurance companies that offer a vanishing deductible option. Nationwide's vanishing deductible option is available to customers in all 50 states. There are a variety of coverage options available, such as those for bodily injury and property damage liability, collision, comprehensive, uninsured/underinsured motorist, roadside assistance, and medical payments. Your motorcycle can be repaired using only the parts that were originally manufactured by the equipment manufacturer if you purchase an OEM endorsement, which is available. Claims service and repairs are covered under warranty for the duration of your ownership of your motorcycle. The multi-policy discount, the multi-vehicle discount, the motorcycle safety course discount, the paid-in-full discount, the riding association discount, the theft-recovery device discount, and the anti-lock brake discount are all examples of discounts that may be available.Dairyland Insurance
Dairyland Insurance is a subsidiary company of Sentry Insurance that specialises in providing residents of the 49 states with non-standard motorcycle insurance. High-risk drivers who need to demonstrate financial responsibility to their state are eligible for the SR-22 insurance requirement, which is available to them. Mopeds, scooters, Harley-Davidsons, Hondas, Indians, Suzukis, Yamahas, and a lot of other makes and models of motorcycles are all eligible for motorcycle insurance, along with a wide variety of other makes and models. Optional coverages include bodily injury and property damage liability, collision coverage, comprehensive coverage, coverage for custom motorcycles, roadside assistance, replacement costs, rental reimbursement, and bodily injury and property damage coverage for uninsured motorists. There are a variety of ways to save money on your motorcycle insurance, including purchasing more than one bike, being a homeowner, taking a safety course, showing loyalty, or joining a rider group. There is physical damage, as well as an option that gives you the ability to have your motorcycle repaired using parts that are original to the manufacturer.Auto-Owners Insurance
The multi-award-winning claims service that Auto-Owners provides is sure to be one of the many reasons why you choose to purchase motorcycle insurance from them. According to the findings of the 2020 J.D. Power U.S. Auto Insurance Study, the company has been given the highest possible award in both the claims and overall customer satisfaction categories for the Central United States region. 1 In addition, you are able to purchase motorcycle coverage in 26 states with the following options: bodily injury/property damage liability, comprehensive, collision, uninsured/underinsured motorist, medical payments, roadside assistance, rental reimbursement, and some other additional expenses such as food and lodging if you are stranded away from home. Your insurance premium can be made more affordable by qualifying for one or more of the many discounts that are available. These discounts include anti-lock brake discount, anti-theft discount, touring bike discount, multi-policy/life discount, paid-in-full discount, green discount, favourable loss history discount, paid-in-full discount, motorcycle safety foundation discount, and favourable loss history discount.