The Best and Cheapest Homeowners Insurance Companies in Florida (2025)
Tower Hill has the best homeowners insurance for most people in Florida because of its low rates and good coverage options. Allstate and... 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
Car Insurance Refund: 3 Times When You're Eligible
If your car insurance policy is canceled in the middle of the term, you're generally eligible for a refund for the remaining premium. But... Read More
Wildfire Statistics: Damage, Fatalities and Insurance Rates
Since 1983, there have been 2.8 million wildfires that have burned over 200 million acres of land.... Read More
Seasonal Allergies Cost $16,000 Over a Lifetime
61% of Americans with seasonal allergies would definitely support air pollution legislation, promoting cleaner... Read More
Despite Traveling Fewer Miles in 2020, Americans Spent 124% More on Car Repairs and Maintenance in 2020 Than the Year Before
Consumers also paid more for incidental costs, such as car washes and detailing, new tires and... Read More
1 in 4 Americans Don’t Have a Fire Extinguisher
May is National Electrical Safety Month, but a ValuePenguin survey finds the majority of Americans confess to putting their homes at risk... Read More
How Much Does Rivian Insurance Cost? How Does It Work?
Electric car manufacturer Rivian offers car insurance for its vehicles. Users who purchase the company's insurance and enable their car's... Read More
The Cost of a C-Section Is More Than $9,000 Greater on Average Than a Vaginal Delivery
Despite the new rule on price transparency, figures are difficult for consumers to track down and... Read More
76% of People Who Shopped Around for Insurance Saved
82% of Americans say comparing multiple insurance quotes takes 2 hours or less, according to the newest ValuePenguin... 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