The Best Motorcycle Insurance 2020


For many, there’s nothing more liberating than hitting the open road on a motorcycle. Whether it’s a scooter, a high-speed Kawasaki or a classic Harley, enjoying a nice ride on a sunny day is hard to beat. But even in the best riding conditions for the most experienced riders, accidents can happen. When they do, it’s important to be prepared. This means having the right motorcycle insurance to cover you and your ride regardless of the severity of the crash. Doing that is easier said than done. With so many providers out there, it can be tough to sift through all of the information to find the coverage that’s best for you. Fortunately, after a bit of digging, we’ve come up with a list of the top providers in some of the most important categories to ensure that you, the rider, are well-protected.364925BF-22D7-405E-BBD3-A35489D76575 Created with sketchtool. Back
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Quick Facts
Save $741 on average this year by shopping for new car insurance Rates vary by state up to 400% The average American pays $129/month for auto insurance To find the four best motorcycle insurance companies available to the largest number of people, we filtered out companies whose motorcycle coverage is not available in all 50 states or is in any way exclusionary. AAA, for example, is only available to its own members, while USAA is only available to veterans. From there, we looked at data regarding each company’s financial security. After all, it’s no good having an insurance company that can’t pay out when an accident happens. Finally, with the remaining companies, we did a rigorous analysis of coverages, customer service, and discounts to come up with a ranked list of best motorcycle insurance offerings in different categories.
Best in Customer Service: Farmers Insurance
Best in Coverage, Benefits and Add-Ons: Allstate
Best for Discounts: Safeco
Best for Safe Riders: Progressive
Farmers InsuranceAmong all companies reviewed, Farmers Insurance scored the highest in overall satisfaction, while also receiving notably higher scores in settlement, claims servicing, rental experience, and a number of other indicators. If you have to make a claim, your experience will likely be more pleasant with Farmers. Based on the profile of a 33-year-old male living in Brooklyn, NY, Farmers’ motorcycle insurance rate is $353/month.
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Close Icon Close Icon The widget will live hereCoverage offered:
Uninsured and underinsured motorist
Medical payments
Affinity group
First accident waiver
Other than collision deductible waiver
Additional medical payments coverage
Safety course
Anti-lock brakes
Prior insurance
Policy renewal
Other noteworthy features:
Over 50,000 agents located across the US
Numerous motorcycle insurance packages to save you the hassle of having to build your own policy.

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AllstateWith a whopping 17 items either included or available as add-ons, Allstate’s coverage is, in a word, dizzying. With standard options like comprehensive, collision and liability coverage as well as benefits and add-on like towing and labor and new bike replacement, Allstate stands alone in the quality of motorcycle insurance that they are able to offer users. Based on the profile of a 33-year-old male living in Brooklyn, NY, Allstate’s motorcycle insurance rate is $293/month.Coverage offered:
Personal injury
Uninsured motorist
Towing and labor
Rental reimbursement
Lease/loan gap
Motorcycle and off-road vehicle transport
Multiple motorcycle
Multiple policy
Good rider discount
Transfer Discount (for switching to Allstate)
Motorcycle Organization Discount
Motorcycle Safety Course Discount
Other noteworthy features:
New bike replacement for totaled motorcycles
Genuine parts guarantee in the event that one of your bike’s parts needs to be replaced
Death and dismemberment cash benefits for you or your family in the event of a fatality
SafecoWith 13 distinct discount options ranging from motorcycle safety courses and garage storage to homeownership and policy bundling, Safeco offers more ways to save than any of its competitors. Based on the profile of a 33-year-old male living in Brooklyn, NY, Safeco’s motorcycle insurance rate is $291/month.Coverage offered:
Property damage liability
Bodily injury liability
Guest passenger liability
Uninsured/underinsured motorist
Motorcycle safety course
Riding club
Experienced riders
Garage storage
Home ownership
Theft recovery
Anti-lock brakes
Prepurchased policy
Continuous coverage
Pay in full
Claims-free renewal
Other noteworthy features:
Numerous additional free benefits, including safety gear replacement, custom equipment and original equipment manufacturer (OEM) parts
24/7 claims availability so that you don’t have to wait to file
ProgressiveFeatures such as discounts for drivers that complete safety courses, as well as small and big accident forgiveness, help Progressive stand out from other providers in the field. Based on the profile of a 33-year-old male living in Brooklyn, NY, Progressive’s motorcycle insurance rate is $224.71/month.Coverage offered:
Bodily injury
Property damage
Uninsured or underinsured motorist
Motorcycle endorsement (certification to drive a motorcycle)
Association member
Responsible rider
Anti-lock brakes
Safety course
New customer
Quote in advance
Pay in full
Pay on time
Automatic bill pay
Other noteworthy features:
Vintage and antique bike coverage to cover the costs of your classic ride so that it doesn’t depreciate
Motorcycle-friendly add-ons like customizations and accessories
How to find the right motorcycle insurance coverage for youDo your homework.A major challenge in finding the best motorcycle insurance is knowing that your plan offers you the most value. While the low rates offered by some providers may initially look appealing, those quotes are often reflective of bare-bones coverage that won’t fully protect you in the event of an accident.Knowing what you need, including the coverage features that are non-negotiable, is an important first step. If you don’t know what you need, you could very easily overpay for a package that gives you extras that don’t apply to you, or worse, scrimp on coverage that doesn’t do enough. Once you know what’s important, you can compare different providers to see who can offer you the best premium.Bear in mind that different companies will assess your risk factors (age, experience and even location) differently, which can impact how much they quote you. Younger riders, for example, might be better off looking for coverage from other companies that are more forgiving than competitors to that specific group.Know the mark of a good plan.Having done your homework, you’re ready to pick out your plan. A good motorcycle insurance policy hits the sweet spot between what you need (essential coverage), what you want (add-ons specific to you), plus a handful of discounts, all while remaining within your budget. While the discounts and add-ons in a plan will vary from person to person, the essential features generally stay the same. For a plan you can truly feel good about, look for motorcycle insurance that offers coverage for collisions, theft or other damage, liability (if you’re the one at fault in a collision) and uninsured motorists (if the person that is at fault either has no insurance or is underinsured). Where available, many motorists also include medical coverage, also known as “personal injury protection” (PIP) in their plans.How much does motorcycle insurance cost?There’s a lot that goes into determining the policy premium for your motorcycle. Everybody’s case is different, and nowhere is that fact more clear than in the price you pay for your motorcycle insurance. The good news is that although certain factors may count against you, you can chisel away at the overall policy price by taking advantage of deductions given to members of motorcycle groups and riders that enroll in safety courses, among other options. Here is a list of factors that adjusters take into account when calculating the average cost of your insurance:
Type of bike
Vehicle usage
Type of coverage
Accident history
Speeding and traffic tickets
Frequently asked questionsWhat is the cheapest motorcycle insurance?The price of motorcycle insurance is highly variable based on a number of factors, ranging from age and state of residence to type of bike and accident history. Because of this, finding the cheapest motorcycle insurance will vary from one rider to the next. Riders should also be wary of an insurance company that offers cheap insurance, as it may not adequately cover them in the event of an accident.Do I need motorcycle insurance to buy a motorcycle?Technically, no. But in order to ride the motorcycle off of the lot where you purchased it, the dealership will ask for proof of insurance to make sure you meet state regulations. Without that insurance, they are unlikely to let you take the motorcycle off the lot.What is the minimum insurance required for motorcyclists?Motorcyclists have the same liability requirements as car owners but aren’t required to have uninsured coverage or personal injury protection. Despite this, it would still be a good idea to purchase these fundamental components of insurance, as an accident could leave you financially exposed to costs that you may not be prepared to cover on your own.Should I stack my motorcycle insurance?It’s important to check whether stacked insurance is allowed in your state as well as whether your insurance provider allows it. Assuming it is allowed in both cases, stacked insurance, while slightly more expensive, does provide you with a lot more extra coverage, which could be very useful in the event of a mishap.Do I need motorcycle insurance that includes medical coverage?Unlike car owners, motorcyclists are not required by law to purchase insurance that includes medical coverage. However, given the fact that motorcycles offer substantially less protection to riders in the event of an accident than cars do, it is strongly advisable that you seek an insurance company that will include personal injury protection as part of its insurance package.

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