Progressive Motorcycle Insurance Review

Not only is Progressive an industry leader when it comes to insurance, but its range of motorcycle coverage is also top-notch. Founded in 1937, the company featured the first drive-in claims office and it was the first to introduce lowered rates to low-risk drivers.

The Claim

Progressive claims to be the number one motorcycle insurance company going so far as to state that one in three insured motorcyclists have chosen them. Its claim to fame stems from offering a wide range of coverages with competitive rates. This includes full replacement costs even on parts that would normally depreciate in value. Damaged front tire with worn treads? The insurer says it will pay the same full cost you paid for that tire when it was new.

Is it true?

Yes. Progressive does offer some fantastic coverage on motorcycles including full replacement costs on parts that have depreciated in value.

However, Progressive doesn’t seem to be leading the way when it comes to satisfied customers. In fact, based on the J.D. Power 2018 U.S. Auto Insurance Study, Progressive sank toward the low-end of the average when it came to customer satisfaction in the California region. In the central region, Progressive was actually ranked below-average in that regard.

While auto insurance differs from motorcycle, it’s worth noting that a company that prides itself as number one with motorcyclists doesn’t seem to rate too high when it comes to car owners.

Customer satisfaction aside, it’s clear that Progressive offers a variety of coverage options available to motorcyclists, be they collectors or casual riders.

Product Overview

Best for

People who want full coverage for their bike even when the parts get old and depreciate in value.

Not for

Anyone looking for a smooth customer service experience and cheap coverage upgrades.

Features

Price Varies from person to person — request a quote to see what you'll pay
Standout Features
  • Wide range of coverage for motorcyclists
  • Loyalty rewards
  • 24/7 claims center
Discounts
  • Paying your bill on time
  • Switching from another insurer
  • Having an accident- and ticket-free record
  • Combining multiple policies
  • Responsible rider
  • Pay in full
  • Pay on time
  • Automatic bill-pay
  • Homeowner
  • Association member (Harley Owners Group or United Services Automobile Association)
  • Anti-lock brakes
  • Motorcycle endorsement
  • Safety course
  • Switch or transfer from another company
  • Quote in advance
A.M. Best Financial Strength Rating A+
Moody’s Financial Strength Rating A2
Standard & Poor’s Financial Strength Rating AA

Insures classic and custom motorcycles

Progressive is ideal for riders with vintage, antique, or custom bikes. For example, the company offers a relatively rate OEM (original equipment manufacturer) parts coverage. This guarantees that any part replaced on the bike will come from its original maker — so your Harley stays a Harley, or your Suzuki a Suzuki.

Progressive policies also come with generous custom parts and accessories coverage: up to $3,000 included when you purchase comprehensive and collision. Most companies start at $1,000 included and will charge you extra to up that limit.

Getting a quote is easy

To get your Progressive motorcycle insurance quote, all it takes is a few minutes and a little information about your motorcycle, yourself, and the coverage you are looking for. Then you can get your rate. Throughout the process, the discounts you are eligible for are shown on the page and automatically applied to your quote. You can also speak to a Progressive motorcycle insurance representative at any time if you have questions about your quote or the available coverage options.

Loyalty rewards

With the Progressive Loyalty Rewards program, you can be automatically enrolled in money-saving discounts and Accident Forgiveness. Additionally, the longer you stay with Progressive, the more benefits you can earn with each level (Silver, Gold, Platinum, Diamond, Emerald, and Crown). These levels grant greater benefits from larger accident forgiveness to guaranteed lifetime insurance renewal.

Possible Drawbacks

Customer satisfaction rating

There’s no denying the comparatively low customer satisfaction rating that Progressive came out with. While your experience will vary based on your level of need and the representative you’re dealing with, it’s worth mentioning that Progressive has not rated very high when it comes to addressing their customers’ needs.

Coverage upgrades can be pricey

Progressive likes to throw around “$75 per year” when talking about getting your motorcycle insured. What isn’t quite so prominent is the fact that this only covers basic liability (and isn’t available in all states). When you start to add things you will likely need (medical, increased liability, etc.) it starts to get a little more expensive.

The Competition

Progressive
Farmers
Markel
Safeco
A.M. Best Financial Strength Rating
A+
A
A
A
Total Coverage Options
18
19
19
16
Online Claim Filing
24/7 Claim Support

Progressive vs. Farmers Insurance

While it’s true that Progressive might not feature as many coverage options as Farmers, they can account for two areas where Farmers comes up short: online quotes and educational materials. With Progressive, you’re actually eligible for a discount when you start a quote online. Progressive also features detailed infographics and posts on their site that can help prospective customers make informed decisions. We appreciated the added touch.

Progressive vs. Markel American

Both Progressive and Nationwide offer helpful customer resources that can make getting a quote and filing a claim a whole lot easier. Markel is the only company we saw that offers mechanical breakdown coverage, an optional add-on that pays for the cost of any parts that need to be repaired or replaced on your bike. However, this coverage doesn't come cheap. Markel also comes in with fewer discounts total. That said, we still recommend comparing quotes.

Progressive vs. Safeco

Safeco coverage falls short when it comes to covering your vintage or antique bike. It doesn't offer actual agreed value coverage which can make getting the correct reimbursement for your classic bike next to impossible. That’s bad news if you’re a collector. Another thing Safeco is lacking that Progressive features is an online quote tool. If you want a quote from Safeco, you’ll have to call the company and speak with an agent.

Progressive Motorcycle Insurance FAQ

How much is Progressive motorcycle insurance?

The cost of getting your motorcycle insured through Progressive varies from customer to customer. While Progressive likes to advertise a price of $75 a year, don’t be fooled by that figure. It only covers the basic liability and does not reflect the total cost once you include other features you need like medical, increased liability, etc.

Does Progressive motorcycle insurance cover theft?

Progressive motorcycle insurance standard coverages include comprehensive and collision. This means that the company will pay to repair or replace your motorcycle if it’s damaged and, yes, stolen.

What types of motorcycles are covered by Progressive?

Progressive covers a variety of bikes including:

  • Mopeds
  • Scooters
  • Dirt bikes
  • Vintage/antique bikes
  • Custom bikes
  • Sport bikes
  • Cruisers
  • Trikes
  • ATVs
  • Autocycles

The Bottom Line

While some will debate whether or not Progressive is truly #1 when it comes to motorcycle insurance, there’s no denying that the company brings quite a bit to the table. Not only does it cover a ton of motorcycle types, but its list coverage options is quite large. Just don’t be fooled by the price of $75 a year. As nice as that seems, that doesn’t factor in the added cost of adding all the additional benefits you need.