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8 Cheapest Motorcycle Insurance Companies

When considering which company you should choose for your motorcycle insurance policy there are a few things that should catch your eye. Look for availability, policy offerings, and price point. Companies that have a mobile app, 24/7 claims service and 24/7 customer service availability rank the highest for us in terms of availability.

Find Cheap Motorcycle Insurance
Pro Tip: Try 2-3 companies to get the best quote

Not all insurance companies offer the same standard coverage, make sure you are covered for what you want. Lastly, insurers who offer more discounts typically rank higher for price because you can get your premium down significantly. 

Quick Look: Cheapest Motorcycle Insurance

What Are the Minimums for Motorcycle Insurance? 

State minimums are often expressed like 25/50/25 depending on the coverage the state requires. It means you need at least $25,000 bodily injury coverage for one person, $50,000 for an injury with at least two people, and $25,000 for personal property coverage. State minimums vary by location and keep in mind that Florida does not require a minimum. Check the chart below to see where you fall. 

Minimums State
50/100/25Alaska, Maine
25/50/25Alabama, Arkansas, Georgia, Nebraska,
New Hampshire, North Dakota, Ohio,
Oklahoma, Rhode Island, South Carolina,
South Dakota, West Virginia
15/30/10Arizona, Delaware, Nevada 
15/30/5California, New Jersey, Pennsylvania
25/50/15Colorado, Idaho, Tennessee
20/40/10Connecticut, Hawaii, Michigan
25/50/20Illinois, Montana, Oregon, Virginia, Wyoming
25/50/10Indiana, Kansas, Kentucky, Missouri,
New Mexico, New York, Washington, Wisconsin
20/40/15Iowa
15/30/25Louisiana
30/60/15Maryland
20/40/5Massachusetts
30/60/10Minnesota
20/50/25Mississippi
30/60/25North Carolina, Texas
25/65/15Utah
20/50/10Vermont

What Affects Your Motorcycle Premium?

Age, driving record, type of motorcycle, location, credit score and bundling are all factors that impact your motorcycle premium. Insurance companies figure that more accidents happen with 25-year-old single males as opposed to a man in his 40s who is married, so they charge a higher premium for the younger drivers. A company will consider you high-risk if you have accidents or tickets on your driving record and it will drive your premium up. Look for companies that provide accident forgiveness. If you bundle your motorcycle with other policies like home or auto then you can catch a break on your premium. 

Top Motorcycle Insurance Providers

Diaryland and GEICO rank in the top for the cheapest motorcycle insurance premium. GEICO is available in all states while currently Dairyland only provides coverage in 34 states.

CompanyStates Offered12-month Policy Quote
AllstateAll$499
Dairyland34 states$194
EsuranceArizona, Arkansas, California, Florida,
Illinois, Indiana, Maryland, Minnesota,
Montana, Ohio, Pennsylvania, Tennessee,
Texas, Virginia, Wisconsin
$387
GEICOAll $357
Harley Davidson InsuranceAll except Alaska, Hawaii, Washington D.C.$1,062
MarkelAll except Massachusetts and North Carolina$978
ProgressiveAll$970
Rider Delaware, Indiana, Maryland, Michigan,
New Jersey, Ohio, Pennsylvania, Virginia
$1,162

1. Allstate

Motorcycle coverage with Allstate includes roadside assistance and their claims and customer service is available 24/7. Their mobile app makes filing a claim quick and easy. Bodily injury, property damage, medical payments, collision, and comprehensive coverage are among the options they offer. You can earn a discount through:

  • Insuring more than one bike
  • Owning a home
  • Belonging to a riding group
  • Being an experienced rider 
  • Having anti-lock brakes
  • Safety course certificates

Get your customized quote with their online quote tool or speak to an agent directly. 

2. Dairyland Motorcycle Insurance

Dairyland came in number one with the cheapest motorcycle insurance quote. They have several coverage options and discounts that go a long way. With the more traditional options included in the policy, you can also add trip protection, roadside assistance, rental coverage, and total loss replacement. Discounts include:

  • Multiple-bike
  • Loyalty 
  • Homeowner
  • Riding group
  • Safety course

Dairyland is available in the following states: : Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.

Use Diaryland’s online quote tool to get your own personalized quote online.

3. Esurance

Esurance is among the cheaper motorcycle rates and they maintain good coverage options. Medical payment, trailer coverage, trip interruption, and accessories and helmet coverage are optional and can be added to your policy easily. See if you qualify for these discounts for an even lower rate:

  • Multiple-bike
  • Loyalty
  • Homeowner
  • Riding group
  • Claims-free
  • Rider experience
  • Smart rider
  • Anti-lock brakes
  • Anti-theft
  • Motorcycle endorsement

You can find the online quote tool here to get your unique quote.

4. GEICO

Insuring your bike with GEICO will afford you one of the cheaper motorcycle policies and you don’t have to compromise on coverage. Enjoy all the standard coverage options and add on ones that you like such as roadside assistance, accessories coverage, and total loss replacement. You might qualify for an even cheaper rate by applying one of these discounts:

  • Transfer
  • Multiple-bike
  • Loyalty
  • Homeowner
  • Rider experience
  • Anti-theft
  • Safety Course

GEICO’S online quote tool takes just a few minutes to fill out and you will have your personalized quote ready today. 

5. Harley Davidson Insurance

Comparing the other quotes to Harley Davidson makes this provider rank higher on the cheapest motorcycle coverage scale but their customer service, claims, coverage, and discount options are truly worth the price. They cover just about everything included in their policies and have quite a few discounts to bring that price down: 

  • Multiple-bike
  • Loyalty
  • Homeowner
  • Riding group
  • Claims-free
  • Rider experience
  • Anti-theft
  • Safety course
  • Motorcycle endorsement

Get a quote online in minutes and start your coverage now. 

6. Markel

Markel falls in the average category for cheap motorcycle coverage but they do offer great coverage options and a 24/7 claims service. Aside from the standard coverage options they also have guest passenger liability, trailer coverage, trip interruption, rental coverage, and accessories/helmet coverage. Your rate could get a lot lower if you apply the following discounts:

  • Transfer
  • Multiple-bike
  • Loyalty
  • Claims-free
  • Rider experience
  • Anti-lock
  • Anti-theft
  • Rider safety course

Markel’s online quote tool makes it easy for you to get a quote that fits your needs and bike.

7. Progressive

Progressive offers its customers 24/7 customer service and claims and also a mobile app so customers can file claims or look up their policy with ease. They offer custom parts coverage, total loss replacement, and roadside assistance to their standard coverage. The discounts they offer include: 

  • Transfer
  • Multi-bike
  • Homeowner
  • Claims-free
  • Anti-lock
  • Endorsement 

Get a Progressive quote in just a couple minutes by filling out their online quote tool and make your motorcycle coverage even cheaper. 

8. Rider

At Rider, you can find an average price with coverage that rivals competitors. Though their coverage span is not great, if you luck out and are in one of the states they serve you can cover your bike with more than peace of mind. Roadside assistance is included in their policies as well as trip interruption, accessories coverage, and helmet protection. Get your rate even lower with these discounts:

  • Transfer
  • Multi-bike
  • Loyalty
  • Military
  • Riding group
  • Claims-free
  • Rider experience
  • Smart rider
  • Anti-lock
  • Anti-theft
  • Safety course
  • Endorsement 

Check out their online quote tool to get a customized quote. 

Want to learn more about insurance discounts? Read our articles on best cheap car insurance, how to lower your car insurance, and best affordable healthcare.

*Metrics used to formulate a quote for Allstate, GEICO, Harley Davidson, Markel, and Rider: 2017 Harley Davidson FLHTK  Ultra Limited, 35-year-old male in Michigan. Location used for Dairyland – Alabama. Location used for Esurance – Arizona. We make every effort to provide the most accurate quotes based on the profile above. Due to the many combined variables involved in insurance quotes, the only way to get an accurate quote is to enter your own information through our partners’ secure websites.