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Best Motorcycle Insurance

Protection for those on the road who need it most

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Motorcycle enthusiasts love the thrill of the open road. As fun as motorcycling is, it is not without its risks. There are unique risks involving motorcycles and accidents can be very serious. This is why it is important to have the proper protection against losses caused by physical injuries, property damage, and more through a motorcycle insurance policy. You need a company that understands the unique risks of motorcycle accidents. To help, we put together some of the best motorcycle insurance policies currently on the market.

We teamed up with MediaAlpha to bring you the following motorcycle insurance offers. Below the table, you'll find additional details on our picks for the best options for motorcycle owners.

The Best Motorcycle Insurance of 2022

Best Motorcycle Insurance
Best Motorcycle Insurance

Best Overall : Markel


Markel

Markel

Why We Picked It

Markel Insurance tops our list for the best motorcycle insurance because it specializes in the market. The insurer has a policy covering almost any type 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 offers extensive discounts that can add up to as much as a 35 percent discount on your motorcycle policy. Discounts include anti-lock brakes, anti-theft alarm, multi-unit, renewal, safe driver, safety course, accident forgiveness, and a transfer discount of 10%. For safe drivers, there is a diminishing deductible, meaning your deductible decreases by 25% for each policy year you remain accident-free. 

Here are the motorcycle insurance coverage options available through Markel:

  • Collision
  • Comprehensive
  • Accessory coverage
  • Uninsured/underinsurance motorist
  • Mechanical breakdown
  • Trailer
  • Medical payments
  • Funeral expenses
  • Bodily injury/property damage liability
  • Passenger liability
  • Roadside assistance
  • Emergency delivery of supplies
  • Emergency tire and battery service
  • Emergency trip interruption reimbursement
  • Customized road mapping service
  • Locksmith service
  • Rental reimbursement coverage

It's important to note that even though Markel does offer trip interruption and roadside assistance coverage for a fee ($50 per unit per year), this coverage is unavailable for all-terrain vehicles (ATVs) and dirt bikes.

And on the downside, some customer reviews on third-party sites complain that Markel cancelled policies after a claim was filed, stalled on paying claims, and increased premiums after the first year.

Company Overview

Markel Insurance has something going for it that the other insurance companies on this list can't claim. It's specialized in motorcycle insurance for more than 40 years.

Founded in 1980, the company is headquartered in Glen Allen, Virginia.

You can reach Markel's customer service at (800) 431-1270, or you can manage your account on the company's website. You can file a claim online, by phone at (800) 362-7535, or by email at newclaims@markel.com.

Pros & Cons
Pros
  • Specializes in motorcycle insurance

  • Extensive discounts to help you save up to 35%

  • Available nationwide

Cons
  • Trip interruption and roadside assistance coverage unavailable for ATVs and dirt bikes

  • Customers complain about policy cancellations, premium increases, and stalling on paying claims

Best for Young Drivers : Allstate


Allstate

 Allstate

Why We Picked It

Allstate has some unique aspects to its motorcycle insurance that are great for young drivers. Allstate’s First-Accident Waiver forgives the first motorcycle accident without raising your insurance premium, and the Allstate Rider Protection Project is a safety training program providing educational resources for motorcycle drivers.

Discounts can save you on your motorcycle insurance premium and include multi-policy, good rider (accident-free), transfer discount, motorcycle safety course, and a motorcycle organization discount for belonging to an approved motorcycle association.

Coverage options include:

  • Medical payments
  • Personal injury protection
  • Collision
  • Comprehensive
  • Uninsured/under-insured motorist
  • Off-road vehicle transport and trailer damage insurance
  • Property damage/bodily injury liability
  • Optional/added equipment coverage
  • Towing, lease/loan gap coverage
  • Rental reimbursement

Third-party customer reviews are less-than-flattering, with some customers complaining about premiums skyrocketing after the first month, lackluster customer service experiences, and claims being denied.

Company Overview

Allstate is one of the most well-known names in insurance and is one of the largest personal lines insurer in the U.S. And it's got staying power. Founded in 1931, Allstate is headquartered in Northfield Township, Illinois.

You can reach Allstate's customer service at (800) 669-2214 or manage your account by logging onto the website. You can file a claim online as well, but you'll have to log into your account first.

Pros & Cons
Pros
  • First-Accident Waiver forgives the first motorcycle accident without raising your premium

  • Allstate Rider Protection Project provides educational resources for motorcycle drivers

Cons
  • Third-party customer reviews complain about premium hikes, claim denials, and poor customer service

Best for Affordable Coverage : Safeco


Safeco

 Safeco

Why We Picked It

Safeco made our top pick for best affordable coverage because you can save with discounts for being claims-free for 12 months, as well as for completing a motorcycle safety course and for bundling with other Safeco products.

The company will insure most types of motorcycles, including mopeds, scooters, sport bikes, cruisers, dirt bikes, and touring bikes.

But if you're looking to cover a bike used for racing or one with a nitrous oxide kit, you'll have to look elsewhere. Safeco won't cover you.

One thing we particularly like about Safeco is its full-reimbursement options. The insurer has options to reimburse you for the full replacement value of a Harley-Davidson motorcycle, as well as for safety apparel lost in a collision. The company will also cover original equipment manufacturer (OEM) parts.

Coverage options include:

  • Bodily injury liability
  • Collision
  • Medical payments
  • OEM manufacturers parts
  • Roadside assistance
Company Overview

Safeco is a part of the Liberty Mutual Insurance Group. Parent company Liberty Mutual is ranked 77th on the Fortune 100 list of the largest corporations in the U.S. based on 2019 revenue, so Safeco is backed by its parent's reputation.

You can reach Safeco's customer service line at (800) 332-3226. You can also manage your account by logging into the website. You can file a claim online.

Pros & Cons
Pros
  • Full-reimbursement options available for the value of Harley-Davidson motorcycles

  • Full-reimbursement options available for safety equipment lost to a collision

  • Discounts available if you're claims-free for a year

Cons
  • No coverage for racing bikes or bikes with nitrous oxide kits

Best for Military Members : USAA


USAA

 USAA

Why We Picked It

USAA is our top pick for motorcycle insurance for military members. This is hardly surprising since USAA also made our best-of list for car insurance for seniors, and it's a frequent winner for categories involving military members or their families.

Motorcycle insurance is available to U.S. military members of all types including reserve, the National Guard, veterans, precommissioned officers, and their spouses and children.

USAA offers many discounts for its members who purchase motorcycle insurance. Some of the discounts include a multi-vehicle discount, defensive driving course, and a good driver discount.

Coverages offered include:

  • Liability for bodily injury/property damage
  • Comprehensive
  • Collision
  • Uninsured/under-insured motorist
  • Medical payments
  • Roadside assistance
Company Overview

USAA has been providing insurance coverage to military members and their families since the 1920s.

USAA has many member benefits and all of those benefits are not fully explained unless you become a member. One benefit is that USAA returns a portion of profits to its members.

You can reach customer service at (800) 531-8722 or through the mobile shortcut #USAA. You can also chat with a representative via chat on the USAA website. You can also file a claim online.

Pros & Cons
Pros
  • Solid motorcycle insurance premiums for military members and their families

  • USAA returns a portion of profits to its members

Cons
  • Must be active-duty or retired military or a qualifying family member to qualify

Best for Policy Bundling : Farmers


Farmers

 Farmers

Why We Picked It

Farmers Insurance made our top pick for motorcycle insurance for those who want to bundle. You can save if you bundle your motorcycle, auto, home, and life insurance all from the same company.

If you're already a Farmers insurance customer, adding motorcycle insurance to your existing policies makes sense. The company offers a multi-policy discount, and you can also receive a discount for an approved safety course, airbags, anti-lock brakes and there is a preferred operator discount.

On the downside, some third-party customer reviews indicate a problem with customer service, including responsiveness, difficulty receiving resolutions for their questions, and dissatisfaction with claims handling.

Coverage options include:

  • Liability for property damage and bodily injury
  • Collision
  • Comprehensive
  • Medical payments
  • Safety apparel coverage
  • Optional equipment coverage up to $15,000
  • Trailer transport coverage up to $7,500
  • Towing and roadside assistance
  • Total loss coverage for five years
  • Optional increased liability limits
Company Overview

Farmers Insurance is a subsidiary of Zurich Insurance Group and is headquartered in California. Farmers was founded in 1928, so it has a longevity in the industry.

To file a claim, you can fill out this form, you can call (800) 435-7764. And you can chat with a live representative on the Farmers website.

Pros & Cons
Pros
  • Multi-policy discount available

  • Optional increased liability limits

Cons
  • Customer reviews suggest a problem with service, including claims handling and responsiveness

Best for Safe Drivers : Nationwide


Nationwide

 Nationwide

Why We Picked It

Nationwide Insurance has some unique policy features for motorcycle drivers who have a safe driving record, including its vanishing deductible option that reduces your policy deductible by $100 (up to $500) for every policy year you are claims-free. The vanishing deductible option is not unique to Nationwide; however, the $100 deduction is more than some other insurance companies that offer a vanishing deductible option.

Discounts include:

  • Multi-policy
  • Multi-vehicle
  • Motorcycle safety course
  • Paid-in-full, riding association
  • Theft-recovery device
  • Anti-lock brake discounts

An OEM endorsement is available, which guarantees your motorcycle is repaired using only original equipment manufacturer parts. Claims service repairs are guaranteed for as long as you own your motorcycle.

Coverage options include:

  • Property damage and bodily injury liability
  • Collision
  • Comprehensive
  • Uninsured/under-insured motorist
  • Roadside assistance
  • Medical payments.
Company Overview

Nationwide was founded in the 1920s and is headquartered in Columbus, Ohio.

You can reach Nationwide's customer service at (877) 669-6877. You can manage your account through the company's website, and you can file a claim online.

Pros & Cons
Pros
  • Vanishing deductible feature reduces your deductible by $100 (up to $500) for every policy year you are claims-free

  • Discounts include multi-policy, multi-vehicle, motorcycle safety course, paid-in-full, riding association, theft-recovery device,
    and anti-lock brake discounts

Cons
  • Higher premiums than other insurers we reviewed

Best for High-Risk Drivers : Dairyland


Dairyland
Courtesy of Dairyland
Why We Picked It

Dairyland Insurance made our pick for best motorcycle insurance for high-risk drivers because it specializes in non-standard motorcycle insurance to residents in 49 states.

The company provides SR-22 insurance forms for high-risk drivers who need to file financial responsibility with their state. Motorcycle insurance is available for many types and brands of motorcycles, including mopeds, scooters, Harley-Davidson, Honda, Indian, Suzuki, Yamaha, and more. There is a physical damage plus option that allows you to have your motorcycle repaired with original equipment manufacturer (OEM) parts.

Coverage options include:

  • Property damage and bodily injury liability
  • Collision
  • Comprehensive
  • Custom motorcycles
  • Roadside assistance
  • Replacement costs
  • Rental reimbursement
  • Uninsured motorist bodily injury
  • Property damage

Dairyland also provides discounts for:

  • Multiple bikes
  • Homeowners
  • Motorcycle safety course
  • Loyalty and rider group memberships

Looking to some customer complaints, Dairyland's app is repeatedly called out for bugs and a lack of functionality in third-party reviews. Others note that Dairyland's coverage is pretty bare bones without a lot of perks.

Company Overview

Dairyland Insurance is a subsidiary company of Sentry Insurance. The company was founded in 1953 and is headquartered in Wisconsin.

You can reach the company's customer service line at (800) 334-0090. Or you can file a claim or manage your account on the company's website.

Pros & Cons
Pros
  • Provides SR-22 forms for high-risk drivers

  • Physical damage coverage option allows you to repair your bike with OEM parts

Cons
  • Mobile app lacks functionality

  • Coverage may be bare bones

Final Verdict

When you're looking to insure your motorcycle, you need a company that specializes in them. This is why Markel Insurance took our number-one spot.

But it's important to remember that your specific needs will influence the right pick for you.

If you're a younger motorcyclist, Allstate might be the right option for your needs. If you need something more affordable, check out Safeco, and if you're an active-duty or retired service member, USAA might have what you're looking for. Farmers might suit you if you need to bundle your motorcycle insurance, while Nationwide may be a good pick if you're a safe driver. If you need coverage because you're considered high-risk, check out Dairyland.

Questions & Answers

Do I need motorcycle insurance?

Most states require motorcycle owners to insure their vehicles. There are exceptions. States like Florida and Montana have no such requirements, so it's important to check your state laws.

Even so, coverage amounts vary greatly from state to state. Most states require at least $25,000 in bodily injury coverage per person and $50,000 per accident. The standard for property damage is $10,000. But every state is different, so be sure to do your homework before you cover your bike.

If you've got a very expensive bike, it's imperative that you make sure your coverage will replace it the event of a total loss.

Do motorcycles cost more to insure than cars?

The cost of motorcycle insurance varies depending upon the type of bike you've got, its year model, its intended purpose, the driver's age and driving history, the state you live in, the deductible, and whether you opt for minimum or full coverage.

Full coverage runs on the pricey side and rivals car insurance premiums in some cases.

Minimum coverage generally runs around $100 per year depending upon the above mentioned factors, but it's typically much cheaper than insuring a car.

It's important to factor how much coverage you need for your motorcycle, but you'll need to factor in other things, including personal details and your driving history.

There are ways to lower your premiums, including choosing a higher deductible, purchasing a cheaper motorcycle, limiting yourself only to the coverage you absolutely need, and taking a motorcycle safety course.

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