You already invested a lot on your bike, so you might as well invest in the research of the best motorcycle insurance providers.
Motorcycles are some of the most reliable vehicles out there.
They can get us on time without being too large or heavy. These vehicles also allow us to save on parking space. Motorcycles are very flexible, and you do use up less fuel when you ride them.
But at the same time, they can be prone to accidents. It is good to have motorcycle insurance to prepare yourself for any costs. But with many plans available, it can be challenging to find the best motorcycle insurance providers.
Here are five of our best picks of the best motorcycle insurance providers for 2023.
Best Motorcycle Insurance Providers
Safeco is a motorcycle insurance provider with many discount options. They also offer free items to many of their users. For example, they include coverage for both custom and original motorcycle parts.
In addition, their roadside assistance services and claims filing centers operate 24/7. Safeco covers property damage, injury and passenger liability, and collisions. Of course, they also hand out provisions for medical procedures. But Safeco stands out from others by providing OEM and custom motorcycle parts provisions. And not just that, they also have coverage for interrupted trips.
Safeco is also generous when it comes to discounts. They also have many insurance agents available to assist, cutting down your waiting time for answers. However, Safeco does have limitations. For instance, their online presence is not consistent. Some clients also express their dissatisfaction with some aspects of their plans.
Nonetheless, Safeco is one of the most affordable and convenient motorcycle insurance plans.
Looking for a tried and tested provider? Markel has you covered. They have been in the business for over 90 years, a testament to their quality of service. In addition, they also have many features and discounts.
They also offer customizable plans alongside their motorcycle insurance packages. That way, you can also protect your vehicle and its accessories. Like other companies, they also have coverage for bodily injuries and property damages.
Markel also offers coverages for medical payments, funeral expenses, and even uninsured motorists. In addition, they also have roadside assistance and reimbursements for rentals. They also cover some bikes that other providers ignore, such as sports bikes, scooters, and cruisers.
Unfortunately, all transactions with Markel must be made via in-person visits. The insurance provider has no smartphone application. However, Markel has excellent reviews from many clients. They have also won many awards for their outstanding services.
Markel is a top competitor in our list of the best motorcycle insurance providers due to their customer service.
More than just a maker of motorcycles, Harley-Davidson also allows motorists to get insurance coverage. Their plans can be made directly via local Harley-Davidson dealers. Those new to the world of motorcycles will find their plans very convenient.
Their coverage options also include motorcycles made by other brands, as well as maintenance and warranty. The accident forgiveness policy is also among the best in the market. Whether you have property damage, bodily injuries, or collisions, these things are all covered under their policies.
There are also protective mechanisms for personal injuries and accidents. Also, the company has 24/7 roadside assistance. This perk is great for those who find themselves in unfortunate circumstances. They also have towing and battery replacement services. Even flat tires and lost keys are covered!
Harley-Davidson also has the satisfaction of many customers. They get consistent five-star reviews from many aggregator websites. However, they do not have a smartphone app. All transactions must be made through their website, call, or personal visits.
But despite being known for their unique motorcycles, Harley-Davidson’s insurance remains one of the best motorcycle insurance providers in the market.
Foremost is one insurance provider that covers different types of bikes. Besides the usual everyday motorcycles, they also offer coverage for vintage and limited edition ones! Collectors now have peace of mind whenever they decide to open their collection for regular use.
Coverage begins for vintage bikes that are at least half a decade old. Customized bikes that cost more than $30,000 in parts are part of the coverage. They also offer helmets, theft protection, and other safety equipment discounts. Trailers are included in some plans, too.
Foremost sets itself apart from other providers by hammering vintage and limited motorcycles in its support. Additional coverages depend on the agreed-upon value when you avail of any vintage plans. These are available via different tiers. In addition, they also have many discount offers. These include additional medical coverage, increased liability and collision limits, and theft recovery.
However, there are some U.S. states not covered by Foremost. Their services are also subject to location, so you may not be able to avail of them if an accident occurs in an out-of-service area. This insurance provider is also very stringent when it comes to high-risk drivers. Anyone with a bad record will not be considered for a policy.
The company can also deny coverage if the policyholder has a poor credit score. Also, Foremost will not insure high-risk drivers, especially those with a suspended or restricted license.
Foremost also reserves the right to base premiums or deny coverage based on your credit score, meaning that it may not be the best option for those with poor credit. Still, Foremost is an excellent option for people with good credit standing.
Are you not that confident in your driving skills? You might have trouble finding a good insurance provider. However, Dairyland is one of the few reliable options that provide great insurance plans for high-risk drivers. Their pans account for drivers who have a history of not being too careful on the road.
Their coverage includes SR-22 documentation, replacement costs for bikes less than three years old, and 24/7 roadside assistance. Their claims processing is also very reliable. Dairyland caters to motorcycle drivers and those who ride scooters and mopeds.
Their plans include compensation for property damages, bodily injuries, passenger liability, and medical payments. Beyond that, they also offer protection for payments related to personal injuries and rentals.
They also offer discounts and have excellent customer satisfaction ratings. But if you are a driver confident in your skills, or someone with a clean record, then you might find their plans unnecessary.
Conclusion On The Best Motorcycle Insurance Providers
We hope we saved you some time in your research of the best motorcycle insurance providers so you can save time & money on your bike.
We know you invested a lot in your bike so we want to make sure you’re fully aware of all your options for the best motorcycle insurance providers for you.
If you travel a lot, it would be beneficial to learn about the best travel insurance providers in the market to make sure you’re protected.