What You Need to Know About Homeowners Insurance Escrow
If you have a mortgage, you may pay your home insurance premium as part of your monthly house payment. Here's how homeowners insurance... Read More
Motorcycle Insurance
The best motorcycle insurance protects you and your bike at an affordable price. You should always compare quotes from multiple companies to find the best coverage.
Find Cheap Motorcycle Insurance Quotes in Your Area
What does motorcycle insurance cover?
Understand how motorcycle insurance can protect you and your ride.
Collision coverage
Collision coverage pays for damage to your bike if you hit another vehicle or object.
Comprehensive coverage
Comprehensive coverage pays to fix or replace your bike after vandalism, theft or damage by an "act of God," like hail.
Bodily injury liability
Bodily injury protection pays for the medical bills of other drivers and passengers if you cause an accident.
Property damage liability
Property damage liability covers any damage you cause to someone else's vehicle or property.
Find motorcycle insurance companies near you
Find the best motorcycle insurance in your state.
Compare major motorcycle insurance companies
Frequently asked questions about motorcycle insurance
The average cost of motorcycle insurance is $33 per month, or $399 per year, for full coverage. Three main factors affect rates: where you live, the amount of coverage you need and your riding history.
The cheapest motorcycle insurance companies are typically Dairyland, Progressive and Harley-Davidson.
However, rates vary by state. So the cheapest company near you could differ from the best option nationally. That's why comparing quotes from multiple companies is important when shopping for motorcycle insurance.
No single motorcycle insurance company is best for every rider. Major companies like Progressive and Geico offer standard motorcycle insurance, with discounts for bundling your auto and homeowners insurance. On the other hand, specialty companies like Dairyland and Harley-Davidson provide more extensive coverage to dedicated riders.
The best way to find cheap motorcycle insurance is by comparing quotes from multiple companies. You should also look for discounts. Many companies offer savings for bundling your motorcycle and auto insurance, making automatic payments or taking a motorcycle safety course.
You can get the cheapest motorcycle insurance rates by buying the minimum coverage required in your state. Most states only require a small amount of liability coverage for bodily injury and property damage. However, you won't have any coverage for your bike if you cause a crash. This may not be the best choice if you can't afford to replace your bike after an accident.
Every state has its own laws, but it's generally harder to insure your bike if you don't have a valid motorcycle license or endorsement. Most insurance companies require your license info. Companies that don't may treat you as a riskier customer and charge you more for coverage.
Compare motorcycle insurance guides
Auto Insurance Requirements in Alabama
Alabama's minimum liability requirements for auto insurance are $25,000 for bodily injury per person, $50,000 for bodily injury per... Read More
When Does Car Insurance Cover Repairs?
When you're in a car accident, your comprehensive and collision insurance coverages can be used to pay for repairs or... Read More
What Is a Health Insurance Deductible and How Does It Work?
Your health insurance deductible is the amount you have to pay before your plan starts covering your health care. Some things, like annual... Read More
Auto Insurance Requirements in Colorado
Colorado's minimum liability requirements for auto insurance are $25,000 for bodily injury per person, $50,000 for bodily injury per... Read More
Auto Insurance Requirements in Minnesota
Minnesota drivers are required to have bodily injury and property damage coverage of 30/60/10, uninsured motorist and underinsured motorist... Read More
Auto Insurance Requirements in Wisconsin
Drivers in Wisconsin must carry at least 25/50/10 liability insurance policy, plus uninsured motorist protection. Insurers must also offer... Read More
Actual Cash Value vs Replacement Cost in Home Insurance
The two main kinds of homeowners insurance policy are replacement cost value (RCV), or actual cash value (ACV). RCV will pay out more if... Read More
Auto Insurance Requirements in Maryland
In Maryland, all drivers are required to carry an auto insurance policy with at least the state-mandated limits. However, Maryland is not a... Read More
Methodology
To find the average cost of motorcycle insurance and the cheapest companies, ValuePenguin collected quotes across all 50 states in the U.S. Rates are for a 45-year-old single man who owns a 2018 Honda CMX500 Rebel.
Quotes are for a full coverage policy, which includes higher liability limits than state requirements along with comprehensive and collision coverage.
- Bodily injury liability: $50,000 per person and $100,000 per accident
- Property damage liability: $25,000 per accident
- Uninsured and underinsured motorist bodily injury: $50,000 per person and $100,000 per accident
- Uninsured and underinsured motorist property damage: $25,000 per accident
- Medical payments: $5,000
- Comprehensive and collision deductible: $500