author-profile
ByBrett Benningfield Staff Writer

As a writer and researcher for Reviews.com, Brett has spent literally thousands of hours figuring out how to help you make better, smarter buying decisions.

Nationwide Motorcycle Insurance Review

Nationwide provides the standard motorcycle coverage options, along with some unique additions, like coverage to protect against inclement weather and vandalism. On top of that, the company offers an optional $30,000 of coverage for custom equipment, as well as an endorsement to ensure that any repairs are made with quality parts at fair market value. All of that, along with an impressive list of discounts, makes Nationwide a solid contender as you begin your search for the best motorcycle insurance.

The Claim

“Nationwide is on your side.” Since 1965, that’s been the credo of Nationwide Mutual Insurance Company, although the company has been serving customers for much longer. It backs this claim with decades of experience insuring customers’ homes, cars, and, yes, motorcycles. The company has “served generations” by helping protect what is most important, be that a home, family car, or a beloved bike.

Is it true?

Yes.

There’s no denying just how much experience Nationwide has. With that experience, the company provides solid coverage for homeowners and motorists alike. Nationwide’s motorcycle insurance, in particular, goes beyond injury and property liability protection to provide unique bits of optional coverage.

These optional coverages include insurance for vintage and classic bikes (great news for old school Harley enthusiasts) and Original Equipment Manufacturer (OEM) endorsement. OEM coverage is especially important (and somewhat rare), as it ensures that your bike’s repairs are made with quality parts and not whatever’s cheapest for the insurance company. These unique coverage options make it easy to see why Nationwide is, indeed, on the side of motorcyclists.

Product Overview

Founded 1926
A.M. Best financial strength rating A+
Moody's financial strength rating A1
S&P Global financial strength rating AA
Pros OEM endorsements
Vintage/classic bike endorsements
Cons No total loss coverage
No price lock-in

Types of motorcycles insured
  • Motorcycle/Trike
  • ATV/Utility Vehicle
  • Snowmobile
  • Golf cart/low speed vehicle
  • Moped/scooter
  • Dirt Bike
  • Dune Buggy
  • Personal Transporter

Coverage options

Standard:

  • Bodily injury and property damage liability
  • Uninsured/underinsured motorist
  • Comprehensive and collision
  • Medical payments

Add-ons:

  • Accessories and custom parts
  • OEM parts
  • Roadside assistance
  • Vanishing Deductible

Advertised discounts
  • Multi-policy
  • Multi-vehicle
  • Motorcycle safety course
  • Theft-recovery device
  • Homeowner
  • Paid in full
  • Anti-lock brakes
  • Affinity member
  • Riding association

Some of the best discounts in the industry

Nationwide’s lengthy list of discounts can help you save quite a bit on your motorcycle insurance policy. You can earn discounts for taking a motorcycle safety course, owning a home, or insuring more than one motorcycle. Nationwide’s Vanishing Deductible program also takes off $100 from your deductible each year you don’t have an accident, up to $500.

Custom and vintage motorcycle insurance

In addition to insuring standard bikes, Nationwide motorcycle insurance covers kit, vintage, and custom bikes — with custom motorcycle coverage for up to $30,000. Because repairing or replacing a custom or vintage bike is almost always significantly more expensive than repairing or replacing a standard motorcycle, this coverage is rare. Nationwide is a great place to start your search if you have a custom or vintage bike.

Original Equipment Manufacturer (OEM) endorsement

If you get into an accident on your motorcycle and need to get it repaired, Nationwide motorcycle insurance ensures that original equipment manufacturer parts are used instead of after-market parts. It’s an uncommon endorsement that puts Nationwide a step above the rest.

Good for “high-risk” riders

In our evaluation of the best cheap motorcycle insurance providers, Nationwide gave us the cheapest quote for our riskiest test profile: a 20-year-old riding a Suzuki sportbike. Although quotes are extremely personal, Nationwide is worth a look if you’re one of these “high-risk” bikers looking for a cheap premium.

Possible drawbacks

Can't lock in an agreed-upon price

Nationwide motorcycle insurance doesn’t offer you the option to lock in an agreed-upon value for your bike. If you get into an accident on your motorcycle and your bike is beyond repair, you may not get paid what you feel is the full price. If this coverage is important to you, you may be better off with a company like Progressive.

Spotty regional satisfaction

Nationwide, on average, is a great pick for motorcycle insurance if you’re in certain areas. According to the J.D Power 2019 Auto Insurance Study, Nationwide performs favorably in regions like New England and New York. However, it ranks 2/5 in overall customer satisfaction in markets like California, Central United States, the Northwest, and the Southwest. This kind of sentiment spread across some of the biggest markets means you have to take extra consideration of their offerings based on market, making things a bit complicated.

The Competition

Nationwide
Allstate
Progressive
State Farm
Our review
Our review
Our review
Advertised discounts
9
6
12
0
A.M. Best financial strength rating
A+
A+
A+
A++
24/7 support
Online resources
Vintage/classic bike coverage

Nationwide vs. Allstate

Nationwide and Allstate are fairly comparable in terms of coverage and discounts, although there are a few key differences to take into consideration. Allstate offers coverage for “added equipment,” however the limit is much lower than Nationwide’s, plus Allstate lacks coverage for classic or vintage bikes. Allstate does offer a lease/loan gap coverage — which pays the difference between what your motorcycle is worth and what you still owe on your loan or lease. Because of this, Nationwide is a better bet if you own a specialized bike, but Allstate could offer you a better deal for standard bikes. We recommend getting a quote from both; thankfully, Allstate makes this easy with an instant online quote tool.

Nationwide vs. Progressive

For coverage options alone, Progressive can’t be beaten — unique options like OEM are automatically included in your policy, and there are lots of extras to choose from (including coverage for personal belongings and roadside assistance). Progressive also has a few more discounts than Nationwide, including ways to save when you consistently pay on time or in full. Progressive also offers flexible accident forgiveness, that covers both small and large accidents. But the extra equipment coverage offered by Nationwide makes it a surefire pick for people who want to make sure their motorcycle is covered in the most complete way.

Nationwide vs. State Farm

Out of the four companies we compared, State Farm is unmatched in terms of online resources. Its Simple Insights® blog provides tons of articles to help you better understand insurance, plan for big life events, and more. What’s more, it includes an entire page dedicated to motorcycle insurance articles. In contrast, Nationwide only features a few motorcycle-specific resources, and it lacks any dedicated landing page for them. That said, Nationwide has State Farm beat in discounts; State Farm doesn’t advertise any discounts for motorcycle insurance, and when we spoke to a rep on the phone, there were none available in our area. We still recommend getting your own quote, but Nationwide is a better starting place in terms of potential savings.

Nationwide Motorcycle Insurance FAQ

Does Nationwide motorcycle insurance cover more than injuries and collisions?

Yes. Comprehensive coverage — also known as “other than collision” — helps pay for damage to your bike incurred by inclement weather and falling objects. It can also help cover the cost associated with repairs for vandalism and even theft.

Will Nationwide’s motorcycle insurance pay for my medical bills?

Coverage for medical payments is a basic feature in Nationwide motorcycle insurance. Also known as Personal Injury Protection (PIP), this coverage helps pay for medical costs resulting from an accident, no matter who is at fault. As insurance agent Kelly Kapple, from Country Financial Insurance, points out, “Just because you’ve got comprehensive and collision on your bike to repair/replace it if it’s in a wreck, damaged in storage or stolen, doesn’t mean you’re protected from a hit and run.”

Should I just get basic policy features?

This question is usually asked by people who want to avoid “unneeded” coverage, but in short, there are some coverages you should add-on. Gabriel Levin, personal injury lawyer at Levin Injury Firm, explains, “Without question, the number one mistake that consumers make when purchasing motorcycle insurance is failing to buy sufficient underinsured/uninsured motorist coverage.” Underinsured/uninsured motorist coverage makes sure you will be compensated in the event the other party involved in an accident doesn’t have enough coverage. This extra coverage functions as a counter-weight to the possibility of drivers who opted for minimal coverage.

Should I cancel motorbike insurance in the winter?

Chances are you don’t ride your bike year-round, meaning you’ve probably considered cancelling your insurance during months you can’t ride. Nationwide says their prices take these months into account, but you can leave yourself open to risk should you choose to cancel. “In most cases, the minimal savings don’t make up for the inconvenience and increased risk,” explains David W. Griffin, Senior VP at Dowd Agencies. “You wouldn’t be covered if you decided to take the bike out during unseasonably warm weather or if your motorcycle were stolen or damaged over those months.”

The Bottom Line

Whether you’re a casual motorist or a dedicated collector, Nationwide offers a wide range of policies and discounts. While we might have liked a more straightforward quote process, there’s plenty this company has to offer. We recommend including it in your search as you begin gathering quotes for motorcycle insurance.

You might also like