HomepageInsuranceMotorcycleThe Best Motorcycle Insurance
Last updated on Mar 20, 2020

The Best Motorcycle Insurance

Coverage tailored to you and your bike ​
We recommend products and services based on unbiased research from our editorial team. We may receive compensation if you click on a link. Read More.

+ See All Providers

Enter your ZIP code to find providers, plans, and prices in your area.

How We Reviewed The Best Motorcycle Insurance Companies

related highlight icon

32 companies compared

related highlight icon

7 experts interviewed

related highlight icon

4 top picks

The best motorcycle insurance companies should strike that perfect balance between strong financial ratings, diverse coverage options, and plenty of discounts. Of course, your premium ultimately depends on you, your motorcycle, and your riding habits. That’s why you’ll need to compare quotes from multiple motorcycle insurance companies to find your best price. We’ve compared just over 30 national insurance providers to find the best ones; you can find our top picks below, or use our quote tool to get started.

The 4 Best Motorcycle Insurance Companies

    Markel American Progressive Nationwide Safeco
    Our review Our review
    Best for
    Range of coverage Specialty and vintage bikes High coverage limits Impressive discounts
    A.M. Best financial strength rating
    A A+ A+ A
    24/7 claim support
    Online claim filing
    Compare rates Compare rates Compare rates Compare rates

    Best Range of Coverage: Markel American


    Best Range of Coverage
    Markel American
    Markel American


    Pros

    Widest range of coverage
    Mechanical breakdown coverage
    Rental reimbursement
    Cheapest premiums in our price comparison

    Cons

    Fewer discounts
    Limited customer tools

    Pros 

    • Widest range of coverage
    • Mechanical breakdown coverage
    • Rental reimbursement
    • Cheapest premiums in our price comparison

    If your motorcycle is your primary (or only) form of transportation, Markel is likely your best bet for comprehensive, reliable insurance. Markel claims to specialize in motorcycle insurance, and that dedication truly shows through in its policy options. Most notably, mechanical breakdown coverage and rental reimbursement could be a massive help to frequent riders and is not available by any of our other top picks. 

    Cons 

    • Fewer discounts
    • Limited customer tools

    As a smaller company, Markel lacks some of the convenient tools you’d find with a more prominent provider like Progressive or Nationwide. The company also has a shorter list of discounts than some of our other top picks. However, even without those discounts, our Markel quotes were relatively cheaper than those from the competition.

    Best for Specialty or Vintage Bikes: Progressive


    Best for Specialty and Vintage Bikes
    Progressive
    Progressive


    Pros

    Specialty motorcycle coverage
    Actual agreed value insurance
    Plenty of discounts
    Good customer resources

    Cons

    Lacks breakdown coverage
    Coverage upgrades are pricey

    Pros 

    • Specialty motorcycle coverage
    • Actual agreed value insurance
    • Plenty of discounts
    • Good customer resources

    Bikers with vintage, antique, or custom bikes will find a lot to love with Progressive, our top pick that stands out for its specialty bike coverage. Progressive is also one of the only providers we’ve seen that insures bikes for their “actual agreed value” — meaning that your bike is covered at an agreed-upon future price, rather than what it’s worth today.

    Cons 

    • Lacks breakdown coverage
    • Coverage upgrades are pricey

    When we requested quotes, Progressive started as the cheapest provider but quickly became the most expensive as we adjusted coverage to the recommended amounts. Progressive also lacks a few coverage options that could be useful in the event of an accident or breakdown, which could mean extra time, money, and hassle before you get back on the road.

    Best for High Coverage Limits: Nationwide


    Best for High Coverage Limits
    Nationwide
    Nationwide


    Pros

    Affordable coverage upgrades
    Tolerant of “high-risk” riders
    Built-in accessory coverage
    Big-company convenience

    Cons

    No agreed value coverage
    Fewer discounts

    Pros 

    • Affordable coverage upgrades
    • Tolerant of “high-risk” riders
    • Built-in accessory coverage
    • Big-company convenience

    In our head-to-head quote comparison, Nationwide stood out for making it affordable to bump up your coverage. Nationwide also tends to be friendlier toward “high-risk” bikers than our other top picks. Its website is educational and easy to navigate, it offers both online and app-powered claim filing, and support is available 24/7 if you prefer to report an accident or file a claim over the phone.

    Cons 

    • No agreed value coverage
    • Fewer discounts

    Nationwide does not offer actual agreed value coverage, the add-on that lets you insure your vintage or antique motorcycle at an agreed-upon price, ensuring that coverage keeps pace with its appreciating value. Nationwide has a shorter list of discounts than either Safeco or Progressive. That said, our Nationwide quotes often came back cheaper than Progressive’s, even with the difference in discounts.

    Impressive Discounts: Safeco


    Best for Impressive Discounts
    Safeco

    Pros

    Long list of discounts
    Generous roadside assistance
    Comprehensive coverage

    Cons

    Not ideal for specialty bikes
    No online quote tool

    Pros 

    • Long list of discounts
    • Generous roadside assistance
    • Comprehensive coverage

    If you’ve been riding for a long time, we recommend starting your search with a quote from Safeco because it has a reduced price specifically for bikers “with multiple years of riding experience.” We’re also impressed that the company includes OEM (original equipment manufacturer) coverage with all its policies, coverage that makes sure you can maintain the integrity of your bike. 

    Cons 

    • Not ideal for specialty bikes
    • No online quote tool

    Safeco has a slightly shorter coverage list than Progressive and Markel, markedly missing actual agreed value coverage. Safeco is our only finalist that won’t give you a motorcycle insurance quote online. While that’s not a markdown on Safeco’s actual policies, we do prefer providers that make comparison shopping a little more convenient.

    How We Chose the Best Motorcycle Insurance Companies

    Nationwide availability

    We started with 32 nationwide companies offering coverage in every (or almost every) state to be sure that our top providers would be available to just about anyone. For the same reason, we nixed companies with special eligibility requirements like USAA, a top-rated insurer  that only sells policies to members of the armed forces and their families.

    Strong financial backing

    We also set a high bar for financial strength. Every company on our list had to earn an A rating or higher from AM Best (an independent agency that specializes in insurance ratings) as well as either an A from S&P Global or an Aa from Moody’s. These three major agencies judge the financial stability of a provider by measuring current assets against ongoing obligations. Top scores from at least two of them mean that your motorcycle insurance provider will remain solvent and able to pay out claims of any size.

    Essential policy options

    In most states, you’re legal to ride with only bare-bones liability coverage, which could potentially cost as little at $75 per year. Washington, Florida, Montana, and New Hampshire don’t require any motorcycle insurance. However, the agents and lawyers we spoke with agree that state minimums don’t reflect the reality of costs associated with an accident. They recommend five essential coverage options (with relatively high limits) to make sure you’re truly covered in the event of an accident or theft:

    Guide to Motorcycle Insurance

    How to build the best policy

    Determine the type of motorcycle you have and what you’re using it for

    There are many different kinds of motorcycles, including:

    • Cruisers: Common models where the rider places their feet forward and hands up high on the bars. This causes the rider to sit with spine erect or slightly leaning back.
    • Touring motorcycles: These models are generally “wider” with larger fairings and screens to offer better wind and weather protection during long rides. Seating posture is more relaxed, with most models also featuring panniers or saddlebags.
    • Sport bikes: Focused more on speed and acceleration. Riders straddle the motorcycle with higher footpegs to curl the legs up closer to the body to improve ground clearance.
    • Sport-touring motorcycles: Combines the comfort and luggage space of a touring motorcycle with the speed and handling of a sport bike.
    • Dirt bikes: These off-road motorcycles are light and durable to handle travel over uneven surfaces that are not conventionally paved. Tires are knobby to improve traction.
    • Trikes: Also known as motorized tricycles. Similar to a motorcycle, only with three wheels. The handling is also different with many models, featuring housing that encloses the rider almost like a car.

    Knowing what kind of motorcycle you’re trying to insure will help you when it comes time to determine coverage, as each of these tend to have their own traits and risks that help insurance providers adjust policies accordingly.

    Insuring a dirt bike might be less expensive than covering a brand-new cruiser. Once you know what you’re covering, you can have a better idea of what to expect when gathering quotes.

    Buy as much liability insurance as you can afford

    While the more liability insurance you add to your policy, the more expensive your premium, poor coverage can really hurt you in the long run. If you hit someone and are underinsured, there’s a chance they may sue you to cover their losses — which could end up costing you your home or other assets. Attorney Chris Johnston suggests starting with at least 100/300 ($100,000 per person injured, up to $300,000 total per accident). However, with the right policy, it costs as little as a few dollars per year to get the most liability coverage your provider offers. That’s a small price for a lot of peace of mind.

    Compare quotes

    Don’t settle for the first company you look at. Every provider has a unique underwriting process, meaning it’ll evaluate your “risk factors” (like age, bike model, and driving history) a little differently and come up with a personalized quote. You won’t know which one can offer you the best premium until you’ve looked at a few. That’s why we always recommend comparing quotes from multiple providers to find the coverage you need at the right price.

    Add supplemental coverage

    With the right policy, motorcycle insurance can cover anything from repairs for your bike to replacement costs for your favorite leather jacket — you just have to choose a provider that covers what’s important to you. To help you find the right fit, we put together a list of our top picks’ coverage options.

    Markel American
    Progressive
    Nationwide
    Safeco
    Custom parts and equipment
    Roadside assistance
    Trip Interruption
    Guest passenger liability
    Accessory, safety gear, and equipment
    Total loss coverage
    Trike coverage
    Vintage/ antique bike
    Agreed value
    OEM parts
    Transport trailer
    Rental reimbursement
    Mechanical breakdown
    Enhanced medical
    Accident forgiveness
    Towing

    Don’t forget about medical coverage

    Our insurance experts highly recommend an insurance policy with medical coverage. Brian Dunmire, motorcycle accident attorney, recommends PIP or medpay in the amount of at least $10,000. He points out that “oftentimes, these coverages can be added to your insurance policy for only a few dollars a month,” and they’ll be a huge help with medical bills.

    The type of medical coverage offered with motorcycle insurance varies by state; typically you’re looking at personal injury protection (PIP) or medpay. PIP, or “no fault” insurance, is available in 24 states and required in 17 of them. It covers health insurance deductibles, medical copays, lost wages, and other costs — regardless of who is at fault in an accident. Medpay is similar to PIP but less comprehensive. It works with health insurance to cover deductibles and copays but won’t supplement lost wages, child care, or funeral expenses, like PIP will.

    Stack your motorcycle and auto insurance

    Upping uninsured and underinsured motorist coverage tends to raise premiums significantly. Attorney Joshua Wagner recommends looking for an insurance policy that allows “stacking” for a more reasonable price. If you insure your car and motorcycle through the same company and have 100/300 UM coverage on both, stacking gives you a $200,000 per person per accident on either vehicle.

    FAQ

    Our Other Motorcycle Insurance Reviews

    We’ve been looking into motorcycle insurance for a few years now. For a deeper dive into premiums, check out our other review:

    About the Authors

    Maggie Overholt

    Maggie Overholt Contributor

    Maggie is a former lead insurance editor at Reviews.com. She's written more than 70 insurance articles covering homeowners, auto, life, motorcycle, travel, and more.