There\u2019s nothing like the feeling of the open road on a motorcycle. The warm breeze. The sun and clouds crossing the sky. The other vehicles pulling out in front of you\u2026 Wait! What? You\u2019ll probably want the best motorcycle insurance as well before you head out on your two-wheeled adventures.<\/p>\n
The Best Motorcycle Insurance:<\/h3>\nBest Motorcycle Insurance<\/h2>\n
Motorcyclists have different coverage needs and priorities. Below are some of the best motorcycle insurance companies we\u2019ve reviewed. Note that not all insurers operate in all states.<\/p>\n
1. Harley Davidson<\/h3>\n
Expect top-tier claims support and agents who are willing to invest plenty of time to answer your questions and earn your business. <\/p>\n
Comprehensive coverage\/Business Owners\u2019 Policy <\/p>\n<\/p><\/div>\n<\/p><\/div>\n Comprehensive coverage\/Business Owners\u2019 Policy <\/p>\n<\/p><\/div>\n<\/p><\/div>\n If you own a Harley-Davidson motorcycle, you may want to protect your vehicle with a unique policy from Harley-Davidson Insurance. Harley-Davidson Insurance offers policies for nearly every type of motorcycle, and you can even claim a policy that provides enhanced protections for any upgrades you\u2019ve made to the vehicle. If your motorcycle is your primary form of transportation, you\u2019ll love Harley-Davidson Insurance\u2019s rental replacement coverage option.<\/span><\/p>\n However, these unique policies come at a price \u2014 in our review, policies from Harley-Davidson Insurance were significantly more expensive than most competitors. The cost of your policy might be offset by Harley-Davidson\u2019s generous list of discounts, available for everything from brand loyalty to experience on the road. <\/span><\/p>\n<\/p><\/div>\n Best For<\/span><\/p>\n If you have a classic bike or a collector bike, a standard motorcycle insurance policy just won\u2019t do because most policies depreciate the insured value of your motorcycle. Hagerty works with an agreed value for your bike so you won\u2019t have any unpleasant surprises if you have a claim. You\u2019ll know exactly how much your motorcycle is insured for.<\/p>\n Hagerty\u2019s rates are affordable and handled in-house, so you\u2019ll avoid the hassle of working with a third party and you\u2019re free to choose your own repair shop or even do the work yourself. Hagerty will even cover your riding apparel if it\u2019s damaged in an accident.<\/p>\n Classic Motorcycles<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n Founded in 1907, Amica is a proven insurance provider and is often a leader in J.D. Power\u2019s customer satisfaction ratings. Multi-policy discounts are available for home, auto and umbrella insurance policies, so you can save more by bundling. <\/p>\n Amica\u2019s A+ (Superior) rating from A.M. Best means you can take comfort in knowing the company can handle any claims that come its way without cutting corners. Additional discounts are available for safety equipment, including anti-theft devices and anti-lock brakes.<\/p>\n If it has two wheels and an engine and it\u2019s approved for use on public roads, there\u2019s a good chance that Auto-Owners can insure it. This Michigan-based insurer covers motorcycles, motor scooters, motorized bicycles, off-road motorcycles and trail bikes. Auto-Owners can insure your cars as well, possibly earning you a multi-policy discount. \u00a0<\/p>\n With a network of over 44,000 independent licensed agents in 26 states, chances are good you\u2019ll find an agent nearby if you\u2019re in a state serviced by Auto-Owners. Financial strength is also essential when choosing the best motorcycle insurance and Auto-Owners is rated A++ (Superior) by A.M. Best. Auto-Owners also outperforms many well-known competitors in J.D. Power\u2019s claims satisfaction survey. <\/p>\n Customer Service<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n With a focus on the northeast and midwest, Erie Insurance provides coverage for most insurance types, including road bikes and even off-road motorcycles. Expect top-tier claims service and attention to detail when it comes to extra coverages, like your gear and safety riding apparel, as well as custom paint, chrome and saddlebags.<\/p>\n Roadside assistance is available and your policy is good for a full 12 months. Customers who have Erie auto insurance with ERIE Rate Lock can also lock in their motorcycle insurance rates.<\/p>\n Farmers is a large group of insurance companies that provides broad-market products and also allows specialized coverage. Farmers scores well in customer satisfaction surveys and provides your choice of three packages to insure the value of your bike, helping to reduce coverage gaps due to depreciation. There\u2019s even an option to protect your personal property on your bike if it\u2019s lost, stolen or damaged in an accident, a coverage most other insurers don\u2019t offer.<\/p>\n Coverage is also available for vintage or custom bikes and options like trailer coverage and medical payments can be customized to your needs.<\/p>\n Personal Property Coverage<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n Motorcycle insurance is similar to car insurance<\/a> in many ways, but there are some important distinctions and not knowing what to look out for can lead to gaps in coverage. Another important thing to consider is that insurance is regulated at the state level, which means your insurance options can vary from state to state.<\/p>\n These are the basic coverages you\u2019re likely to find on your motorcycle policy:<\/p>\n Liability Coverage.<\/strong> We tend to think of insurance<\/a> as coverage for the vehicle itself. However, state insurance laws don\u2019t require coverage for the vehicle at all. Instead, they require liability coverage to pay for damage to the property of others or injuries to others if you\u2019re involved in an accident. You\u2019ll probably want to choose a higher liability limit than the state-minimum, however. The state-mandated limits are usually pretty low and you\u2019re personally responsible to pay any liability that exceeds your coverage limit.<\/p>\n Medical Payments Coverage or Personal Injury Protection (PIP).<\/strong> Medical payments can help cover the cost of your injuries in a motorcycle mishap or the injuries of your passengers. Personal Injury Protection (PIP) can enhance basic medical coverage by adding coverage for lost wages or other expenses related to a motorcycle accident injury. <\/p>\n Your default coverage amounts may not be structured in a way that adequately protects you. Invest some time discussing this coverage with your chosen insurer.<\/p>\n Collision Coverage. <\/strong>This coverage pays toward the cost to repair or replace your motorcycle if it\u2019s damaged due to a collision with another vehicle or a stationary object.<\/p>\n Comprehensive Coverage. <\/strong>Motorcycles can be damaged in a number of other ways as well, including falling limbs or fire and floods. Comprehensive coverage protects against these risks and also provides coverage for theft and vandalism.<\/p>\n Uninsured\/Underinsured Motorist Coverage<\/strong>. This coverage protects you if you\u2019re involved in an accident in which the other driver does not have insurance or doesn\u2019t have enough coverage to pay for your damage or injury-related liability.<\/p>\n Guest Passenger Liability Coverage<\/strong>. If you ever have second riders, you\u2019ll want to be sure they are covered for medical expenses as well as injury-related liability.<\/p>\n Customized Equipment or Collector Bike Coverage.<\/strong> If your bike has customized equipment or is a collector bike, you\u2019ll want to discuss your coverage options with your insurer. <\/p>\n As a default, motorcycle insurance policies usually use the Like most types of insurance, motorcycle insurance rates are based on a number of factors. Your insurance can cover the cost of your bike, the liability limit you\u2019ve chosen and the medical coverage you\u2019ve chosen, but then insurers start to consider factors that can affect the likelihood of a claim. Expect a wide range of prices depending on some of the risk factors we\u2019ll discuss below.<\/p>\n Average Cost.<\/strong> In a low-traffic state with liability-only coverage and an experienced rider with a clean driving record, your motorcycle insurance might cost less than $200 per year<\/em>. However, if you\u2019re in a more populated area (and maybe your driving record is less-than-perfect) the insurance cost for your motorcycle can easily be several times as much.<\/p>\n If you\u2019re under 25 and need to insure the latest sportbike, insurance prices can get up into the thousands. The reason insurance companies don\u2019t advertise a fixed cost for insurance is because there isn\u2019t one.<\/p>\n Factors that Affect Cost. The rating factors for car insurance and for motorcycle insurance are often very similar. Your motorcycle insurance premium is a reflection of the risk of a loss as determined by the insurer. In the insurance world, a loss is a claim that the insurer has to payout. <\/p>\n Here are some of the biggest factors that can affect your insurance cost:<\/p>\n When choosing an insurer for your motorcycle, you might think of price first. Instead, you might want to consider some other factors. Claims satisfaction is important \u2014 after all, until there is a claim, insurance is just an expense with no real benefit.<\/p>\n Motorcycle insurance isn\u2019t as common as auto insurance. As a result, you might encounter some agents who aren\u2019t as well versed in the art of motorcycle insurance as others. Key coverage considerations, like medical coverage or custom equipment coverage, can be easily overlooked and leave you with costly gaps in coverage.<\/p>\n Generic policies may not cover motorcycles with custom equipment or collector bikes well. While not necessarily a red flag, if you have special coverage considerations, you may be disappointed with the coverage provided by a standard policy. Consider a specialty insurer.<\/p>\n Claims coverage is why we pay for insurance. Look for an insurer that has good claims ratings through J.D. Power\u2019s annual claims satisfaction study<\/a> for auto insurers as well as rankings by region<\/a>. Although J.D. Power doesn\u2019t provide a claims satisfaction study specifically for motorcycle insurance, the auto rankings are a good starting point. <\/p>\n There\u2019s nothing generic about motorcyclists and it\u2019s important to match your coverage to the type of bike(s) you have and the way you ride. The insured value of your motorcycle can vary from one company to the next, which is an important consideration for vintage bikes. Medical coverage options can vary greatly as well. <\/p>\n Be sure to ask your agent for details rather than assume something is covered. Often coverage gaps can be addressed inexpensively.<\/p>\n<\/p><\/div>\n
\n ![\"Harley](\"https:\/\/cdnwp-s3.benzinga.com\/wp-content\/uploads\/2019\/09\/18134545\/harley-davidson-insurance.png\"\/ "\\"Harley")
<\/a><\/p><\/div>\n\n
\n
\n
2. Hagerty Collector Motorcycle Insurance<\/h3>\n
\n ![\"Hagerty](\"https:\/\/cdnwp-s3.benzinga.com\/wp-content\/uploads\/2019\/04\/25143833\/xlarge.jpg\"\/ "\\"Hagerty")
<\/a><\/p><\/div>\n3. Amica<\/h3>\n
\n ![\"Amica](\"https:\/\/cdnwp-s3.benzinga.com\/wp-content\/uploads\/2017\/09\/19093641\/amica.png\"\/ "\\"Amica")
<\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n4. Auto-Owners Insurance<\/h3>\n
\n ![\"Auto-Owners\"](\"https:\/\/cdnwp-s3.benzinga.com\/wp-content\/uploads\/2017\/09\/05130825\/19029577_1535461036493681_3664939592789778201_n-3.jpeg\"\/ "\\"Auto-Owners\\"")
<\/a><\/p><\/div>\n5. Erie<\/h3>\n
\n ![\"Erie](\"https:\/\/cdnwp-s3.benzinga.com\/wp-content\/uploads\/2019\/04\/26202618\/eerieInsurance.png\"\/ "\\"Erie")
<\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n6. Farmers<\/h3>\n
\n ![\"Farmers\"](\"https:\/\/cdnwp-s3.benzinga.com\/wp-content\/uploads\/2017\/09\/04020335\/famers.png\"\/ "\\"Farmers\\"")
<\/a><\/p><\/div>\nWhat Does Motorcycle Insurance Cover?<\/h2>\n
How Much Does Motorcycle Insurance Cost?<\/h2>\n
\n
\n
\n
\n
\n
\n
\n
\n
What to Look for in the Best Motorcycle Insurance<\/h2>\n
\n
Red Flags <\/h3>\n
Choose the Best Motorcycle Insurance for You<\/h2>\n