best motorcycle insurance
As a motorcycle insurance agent, I understand the importance of having the right coverage for your bike. With so many options out there, it can be challenging to determine which company offers the best motorcycle insurance policies. Here are some factors to consider when choosing the best motorcycle insurance:
Coverage options for motorcycle insurance:
– Liability coverage: Pays for damages or injuries you cause to others in an accident.
– Collision coverage: Pays for damages to your motorcycle in an accident.
– Comprehensive coverage: Pays for damages to your motorcycle caused by non-collision events, such as theft, vandalism, or weather damage.
– Uninsured/underinsured motorist coverage: Pays for damages or injuries caused by a driver who doesn’t have enough insurance to cover the costs.
Discounts available for motorcycle insurance:
– Safe driving: Many companies offer discounts for riders with a clean driving record.
– Multiple policies: Bundling your motorcycle insurance with other policies, such as auto or home insurance, can often result in a discount.
– Motorcycle safety course: Completing a motorcycle safety course can often result in a discount on your insurance premiums.
Factors to consider when choosing motorcycle insurance:
– Discounts: Many insurance companies offer discounts for things like safe driving, multiple policies, and completing a motorcycle safety course.
– Financial strength: Look for a company with a strong financial rating to ensure they can pay out claims.
– Reputation: Check online reviews and ratings to see what other customers have to say about the company.
– Cost: Compare quotes from multiple companies to find the best price for the coverage you need.
Motorcycle insurance works similarly to car insurance. You pay a premium to the insurance company, and in exchange, they provide coverage for your motorcycle in case of an accident or other covered event. Here are some tips for choosing the right motorcycle insurance policy:
– Consider the coverage options: Look for a policy that includes liability coverage, collision coverage, and comprehensive coverage. You may also want to consider uninsured/underinsured motorist coverage.
– Check for discounts: Many insurance companies offer discounts for things like safe driving, multiple policies, and completing a motorcycle safety course.
– Look for add-ons: Some insurance companies offer additional coverage options, such as coverage for custom equipment, OEM parts, or personal effects.
– Compare quotes: Get quotes from multiple insurance companies to find the best price for the coverage you need.
Add-ons for motorcycle insurance policies may include safety apparel coverage, diminishing deductible, new vehicle replacement, and roadside assistance. By following these tips and researching your options, you can find the best motorcycle insurance policy to keep you and your bike protected on the road.
Here’s our list of the best motorcycle insurance providers
Progressive
Progressive motorcycle insurance policy offers a range of coverage options and add-ons to keep you and your bike protected on the road. The standard protection policy pays to repair your damaged motorcycle with new parts without a deduction for appreciation. The policy also includes full replacement cost and no depreciation for parts, $3,000 in coverage for accessories and custom motorcycle parts, and coverage for original equipment manufacturer parts.
Coverage benefits and add-on options include personal belongings coverage, total loss coverage for a brand-new bike, and coverage for upgrades, overhauls, and accessories. Progressive offers discounts such as online quote discounts, multi-policy discounts, association membership discounts, safety course discounts, responsible driver discounts, pay-in-full discounts, discounts for paying premiums on time, automatic bill-pay discounts, and more.
When choosing the right motorcycle insurance policy, it is essential to consider the coverage options, add-ons, and discounts available. Progressive ranks among the top motorcycle insurance companies and offers many different options that you can add to your policy. By researching your options and comparing quotes, you can find the best motorcycle insurance policy to meet your needs.
Farmers
Farmers Insurance offers a range of coverage options for motorcycle insurance, including the ability to bundle your auto, home, and life insurance policies, and even multiple bikes. Bundling your policies may qualify you for a bonus multi-policy discount. Farmers Insurance allows you to add total loss replacement for any bikes less than 2 years old, and coverage for medical payments, property damage, collision, comprehensive, and liability for bodily injury.
You can also customize your policy with coverage like optional equipment coverage up to $15,000, transport trailer coverage up to $7,500, increased liability limits, medical payments, and uninsured motorist coverage. However, not all products, coverage, and discounts are available in all areas.
Farmers Insurance offers numerous discounts on home and auto insurance based on policy and location. By bundling your policies and taking advantage of the discounts available, you can save money on your motorcycle insurance premiums.
When choosing the right motorcycle insurance policy, it is essential to consider the coverage options, add-ons, and discounts available. Farmers Insurance may be a good choice if you are looking for robust coverage options and the ability to bundle your policies. By researching your options and comparing quotes, you can find the best motorcycle insurance policy to meet your needs.
USAA
USAA is a leading provider of insurance to military personnel and offers attractive discounts and competitive rates on motorcycle insurance. The company has been in service since the 1920s and still has top-of-the-line ratings in AM Best. USAA offers an array of discounts, including a 5% discount on motorcycle insurance through their alliance with Progressive, motorcycle safety course savings, and savings claims-free and insurance for multiple motorcycles.
USAA offers a range of coverage options for motorcycle insurance, including liability for bodily injury/property damage, uninsured/underinsured motorist coverage, comprehensive, collision, custom parts, and medical payments. By customizing your policy with the coverage you need and taking advantage of the discounts available, you can save money on your motorcycle insurance premiums.
When choosing the right motorcycle insurance policy, it is essential to consider the coverage options, add-ons, and discounts available. USAA may be a good choice if you are a military member or veteran looking for robust coverage options and attractive discounts. By researching your options and comparing quotes, you can find the best motorcycle insurance policy to meet your needs.
Allstate
Allstate is a well-known insurance company that offers a range of coverage options for motorcycles. The company has a reputation for superior customer service and claims satisfaction. Allstate lets you tailor your motorcycle insurance deductible and coverage limits to your budget, but your policy automatically comes with up to $1,000 in coverage for upgrades such as custom seats, crash bars, and fairings.
Coverage benefits and add-on options include liability, collision, and comprehensive coverage for your motorcycle, as well as optional benefits such as towing and labor coverage, rental reimbursement coverage, loan gap coverage, and more. Allstate makes it easy to customize policies to meet your needs and goals.
Discounts are available for multiple policies, being a good rider, transferring your policy, setting up automatic payments, full payment for one year of premiums, taking a safety course, and more. Allstate puts the satisfaction of every insurer at the forefront, above all else.
When choosing the right motorcycle insurance policy, it is essential to consider the coverage options, add-ons, and discounts available. Allstate may be a good choice if you are looking for a company with superior customer service and claims satisfaction, as well as flexible coverage options and discount programs. By researching your options and comparing quotes, you can find the best motorcycle insurance policy to meet your needs.
Dairyland
Dairyland Insurance is a trusted insurance company that offers affordable motorcycle insurance with a range of coverage options. If you are looking for low costs and rates, Dairyland insurance might be right for you. Dairyland has coverage for bodily injury, collision, comprehensive, medical expenses, and protection against personal injury. You can also get coverage for property damage, rental reimbursement, replacement costs, roadside assistance, and uninsured/underinsured motorists.
Coverage benefits and add-on options include optional coverage for the equipment you might have for your bike, which might include special modifications, custom parts, and more. Dairyland is known for its flexible coverage options that can be customized to meet your needs and goals.
Discounts are available for having multiple policies, home-ownership, being a member of the Harley Owners Group, taking a safety course, and transferring your policy. Dairyland offers fast, free auto and motorcycle insurance quotes online or by phone. Customers give strong ratings in Dairyland auto insurance reviews and Dairyland motorcycle insurance reviews for their quality coverages and excellent service.
When choosing the right motorcycle insurance policy, it is essential to consider the coverage options, add-ons, and discounts available. Dairyland may be a good choice if you are looking for affordable motorcycle insurance with flexible coverage options and discount programs. By researching your options and comparing quotes, you can find the best motorcycle insurance policy to meet your needs.
What Are the Different Types of Motorcycle Insurance?
Like car insurance policies, there are many types of motorcycle insurance that you may need or want to add to your policy. These individual types of coverage include:
– Bodily injury and property damage liability, which pays for the other party’s medical care and property damage if you’re found at fault in an auto accident.
– Collision coverage, which pays for damage to your own motorcycle regardless of fault.
– Comprehensive coverage, which pays for damage to your motorcycle in the event of weather damage or theft.
– Personal injury protection/medical payments, which cover your own medical expenses regardless of fault.
– Uninsured motorist coverage, which pays for your own medical and motorcycle repair bills if you are in an accident with an uninsured driver.
– Customized parts coverage, which is for parts you added to your motorcycle after purchasing it, such as sidecars, custom paint, and chrome wheel rims.
– Guaranteed asset protection (GAP) coverage, which pays the gap between what is owed on your motorcycle’s lease or loan and its current value if the accident caused a total loss.
– Accessory and riding gear coverage, which helps provide replacement funds for items such as helmets, leather, and other things you may wear or attach to your bike to help protect you while riding.
When shopping for motorcycle insurance, it is essential to consider the different types of coverage available and choose the ones that best fit your needs and budget. By researching your options and comparing quotes, you can find the best motorcycle insurance policy to meet your needs.