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ByPhilip Palermo Lead Senior Editor - For the Home

Philip leads the For the Home section, guiding home security and smart home content. His writing and photos have been featured on Engadget and several local Washington newspapers.

State Farm Motorcycle Insurance Review

State Farm has the skills to pay the bills when it comes to your claims, courtesy of the company’s stellar financial standing. Additionally, State Farm is one of the few motorcycle insurance providers to extend its protections to vintage, custom, and classic bikes, and its educational resources are second to none. That said, it's missing the breadth of discounts that other providers offer, so it's important to compare quotes to make sure you're receiving the best possible premium on your motorcycle insurance.

The Claim

Where motorcycle insurance is concerned, State Farm claims to offer “the motorcycle insurance you deserve,” with more affordable options than the competition. It also claims that “while some companies charge extra for certain motorcycle coverage, you get more” with State Farm.

Is it true?

In some respects. For example, State Farm motorcycle insurance does extend to vintage and classic bikes, which isn’t always an option with other providers. The company also offers coverage for custom equipment and upgrades, as well as reimbursement for damages to any protective gear.

Beyond that, it’s hard to verify any of State Farm’s claims about affordability. For starters, its official motorcycle insurance page is entirely bereft of any discounts. Instead, you need to speak with a representative to see which ones (if any) are available in your location. You also can’t get a quote without engaging with a customer rep, which can be a hassle if you’re just shopping around. While it’s possible that State Farm could offer you a low rate or a wealth of discounts, there’s no way to easily track what you’re qualified for.

Product Overview

Best for

Anyone looking for a company with strong financial ratings

Not for

Anyone looking to save as much money as possible through discounts

Features

Price Quotes differ from person to person
In business since 1922
Standout features Coverage for custom motorcycle work
Coverage for emergency roadside expenses
Insures factory-built motorcycles, motor scooters, classic motorcycles, mini bikes, custom motorcycles, and trail bikes
Extensive resources
Number of states served 50
A.M. Best financial strength rating A++
A.M. Best issuer credit rating aa+
Moody's financial strength rating Aa1
S&P Global financial strength rating AA
Number of discounts Speak with an agent

Vintage and custom bike coverage

State Farm insures custom and classic motorcycles, in addition to factory-built models — coverage that is rare among motorcycle insurance companies. This is because the replacement cost for custom or classic bikes is so much higher than that of your standard motorcycle. State Farm motorcycle insurance offers both collision and comprehensive coverage, so you can protect your vintage or custom bike from all sorts of damage.

Financially secure

State Farm earned A.M. Best’s highest financial strength rating of A++. Very few motorcycle insurance companies can claim this high of a rating, which indicates that State Farm shouldn’t have any trouble meeting its obligations to customers. If you choose to go with State Farm motorcycle insurance, you can feel confident knowing that it will be there to help you in the unfortunate event that you need to file a claim.

Possible drawbacks

Not much in the way of advertised discounts

State Farm’s website lacks any discounts specific to motorcycle insurance policies, and there were none available in our area when we spoke with a representative. Furthermore, an in-depth Q&A featuring a customer and motorcycle veteran seemed to indicate that there were none to speak of. We do recommend speaking with a local representative — there may be some unique opportunities to save in your region or some crossover with the company’s auto insurance discounts — but the lack of advertised discounts is disappointing for a company that claims to offer affordable policies.

Must speak to a representative to get a quote

State Farm does not have an online quote tool available for motorcycle insurance at this time; you have to speak to a representative, either in person or over the phone, if you would like to get a quote. Online quote tools are a great way to compare rates and coverage options between motorcycle insurance companies, and the lack of one on State Farm’s website makes the quote-gathering process a little more inconvenient.

The Competition

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

State Farm vs. Allstate

Allstate doesn’t offer any coverage options for vintage or classic bikes like State Farm. However, Allstate beats State Farm in one key area: discounts. While Allstate does not offer the most discounts of our favorite motorcycle insurance companies, it does feature classics like a multiple motorcycle discount and multi-policy savings of up to 30%.

State Farm vs. Progressive

Progressive offers the most discounts of all four companies we researched and compared. Not only does the company offer common ways to save, like the aforementioned multi-policy discount, but it makes available some new ones as well: discounts for paying on time, opting for automatic billing, adding anti-lock brakes, and more. Keep in mind, though, that discounts and premiums depend on a range of factors, including your location. We recommend getting quotes from both companies and comparing coverage options before making your decision.

State Farm vs. Nationwide

Both State Farm and Nationwide offer policies that help protect custom, classic, and vintage bikes. However, they differ in a few key areas. State Farm is a great resource for information about motorcycle insurance, even if you don’t choose the company as your insurer; unlike State Farm, Nationwide’s educational resource page doesn’t include any section specific to motorcycle insurance. That said, Nationwide offers more advertised discounts than State Farm, and the site boasts an online quote tool — making it more convenient to gather quotes as you begin your search for motorcycle insurance.

State Farm Motorcycle Insurance FAQ

Will State Farm motorcycle insurance cover my passenger’s medical bills?

Yes. State Farm’s motorcycle insurance can help cover the medical costs resulting from injuries to someone else, even if you are legally responsible.

What types of motorcycles are covered by State Farm?

There are multiple bike types that are covered by State Farm. These include:

  • Factory-built motorcycles
  • Motor scooters
  • Classic motorcycles
  • Minibikes
  • Custom motorcycles
  • Trail bikes

How much is State Farm motorcycle insurance?

The cost of motorcycle insurance can vary based on a number of factors, from the type of bike you’re insuring to where you live. In order to get the most accurate quote, you will need to speak with a State Farm representative.

The Bottom Line

If you’re looking for a financially stable insurance provider, State Farm is a solid choice, with near-perfect financial ratings from major organizations and third-party reviewers like A.M. Best and S&P Global. While it may not offer you the discounts and online quote tools of other big-name providers, we recommend including it as you begin to gather quotes.

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