How Much Does it Cost for Motorcycle Insurance?

Insurance policies are formulated to protect us from things we can’t control and there are so many of them out there, including motorcycle insurance.

So if you own a motorcycle or considering getting one, you need to know how much motorcycle insurance is. You also need to know the factors that can influence the cost of the policy you choose. This article will help you understand all that you need to.


Motorcycle insurance is required in the majority of states in the United States, but regardless of state requirements, every rider benefits from active coverage. We gathered thousands of quotes from across the country to determine how much it costs to protect your bike, your health, and your finances.

When you get on your bike as a motorcyclist, several things may come to mind – helmet, leathers, boots, gas, tires – but insurance coverage may not be one of them.

Motorcycle insurance, like car insurance, limits your liability in the event of an accident. Except for Florida, Washington, Montana, and New Hampshire, it is required in all states.

However, it is distinct from car insurance and typically costs less; the average motorcycle insurance policy in the United States costs $519, according to data from J.D. Power’s NADA guides.

Due to the numerous factors that influence the cost of motorcycle insurance, your actual cost can range into thousands of dollars, depending on where you live, your gender, your driving record, and the insurer.

This article is a full guide on how much it costs for motorcycle insurance.

What Are Motorcycle Insurance Costs?

Motorcycle insurance protects you financially in the event of a motorcycle accident, theft, or damage. It includes liability coverage if you are held liable for the injuries or property damage of another person. Motorcycles, choppers, fast street bikes or “crotch rockets,” mopeds, and even Segways are covered under these policies.

If you’ve recently purchased a motorcycle or have owned one for a while and are thinking about switching insurance providers, you may have a few questions.

Typically, the insurance costs are the cost covered by your motorcycle insurance. In all, you should think about getting the insurance despite the cost of the insurance.

What Does My Motorcycle Insurance Cost Cover?

A standard policy will cover some of the costs associated with bike damage. It will also compensate you if you cause harm to another person or their property, or if you have to pay legal fees as a result of an accident.

Your motorcycle liability insurance, also known as “bodily injury and property damage liability,” covers the cost of liability claims and legal fees up to the limits of your policy if you are at fault in an accident. What it would cover would also depend on the cost of motorcycle insurance and the insurance provider. You can tailor your policy to include the following coverage:

  • If your bike is totaled, you will be reimbursed for the full replacement cost. Comprehensive coverage pays for loss or damage caused by causes other than collision. This includes hail and other weather-related damage, animal-related damage, and, most importantly, motorcycle theft.
  • Medical payments will be made if you require hospitalization or medical care. Uninsured/underinsured motorist coverage protects you if another driver is at fault in an accident and does not have enough insurance to cover your expenses.
  • Damage or loss of your equipment and upgrades, such as transport trailers, sidecars, custom exhaust equipment, and safety clothing such as chaps and helmets

SEE ALSO: How To Get Cheap Car Insurance In 2022

When deciding what your motorcycle insurance should cover, strike a balance between protecting yourself against the risks you face and what you can afford to pay for coverage. The good news is that if you are a safe rider with a clean driving record, there are numerous ways to save money on your motorcycle insurance.

What Are The Cheapest Motorcycle Insurance Companies?

The company you choose to ensure you and your motorcycle with will have a significant impact on your costs. That is why, before deciding on a policy, every biker should compare rates. We believe that these companies are worth considering for motorcycle insurance, whether you are looking for your first motorcycle insurance or just shopping around.


When it comes to motorcycle insurance, GEICO stands out for its affordability. If you ride your motorcycle regularly, GEICO not only provides affordable coverage but also provides mobile tools to help you manage your policy.

GEICO offers standard motorcycle coverage as well as optional add-ons like accessories coverage and emergency roadside assistance. They offer one of the best costs of motorcycle insurance.


Nationwide offers a wide range of coverage options as well as numerous discounts. Nationwide has been insuring motorcycles since it was founded in 1926. They offer one of the best costs of motorcycle insurance. Its rates are based on all-year coverage.

You can also customize your policy with Nationwide and protect up to 12 bikes on one policy with coverage up to $50,000 per bike, custom parts (up to $30,000), custom bikes and trikes (up to $50,000), and motorcycle trailers. It also provides up to eight different motorcycle insurance discounts.


Progressive’s discounts and coverage add-ons, many of which are included at no extra cost, make it an excellent choice for frequent motorcycle riders.

Progressive motorcycle insurance policies include full replacement cost and no depreciation for parts; $3,000 in comprehensive and collision coverage to pay for upgrades, customizations, equipment, and accessories; and Original Equipment Manufacturer (OEM) parts during repairs. They offer one of the best costs of motorcycle insurance.


Markel may be the most expensive on the list, but it claims to specialize in motorcycle insurance, which is reflected in its policy options. Markel offers a variety of additional coverage options in addition to standard offerings.

They offer one of the best costs of motorcycle insurance. Markel’s mechanical breakdown coverage, rental reimbursement, and accident forgiveness program, in particular, could be a huge help to frequent riders and isn’t as widely available at other insurance companies. With its numerous discounts, this company also makes it simple to reduce the cost of motorcycle insurance.


    • Wow, that’s awesome. If this can be done in other countries too,it will reduce the rate of poverty and also violence.

  1. I don’t think it applies to the Nigerian sector were motorcycle will have to get an insurance but the Nigerian bikes are always the ones having accidents everyday. So if these insurance can work in Nigeria at least somebody head can correct small

  2. It’s quite unfortunate that people don’t know much about insurance or they take it unlikely. But it’s very very good to always get your property insured.

  3. Thanks for update i really love the update keep it up we will be expecting more updates from you