Cheapest Auto Insurance for Motorcycles in 2025 (Save Big With These 10 Companies!)
The cheapest auto insurance for motorcycles are offered by Erie, USAA, and State Farm with monthly rates as low as $22 for minimum coverage. These companies provide affordable options without compromising on quality. These top three companies are your best bet for cheapest auto insurance for motorcycles.
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Jeff Root
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Jeff is a well-known speaker and expert in life insurance and financial planning. He has spoken at top insurance conferences around the U.S., including the InsuranceNewsNet Super Conference, the 8% Nation Insurance Wealth Conference, and the Digital Life Insurance Agent Mastermind. He has been featured and quoted in Nerdwallet, Bloomberg, Forbes, U.S. News & Money, USA Today, and other leading...
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UPDATED: Dec 22, 2024
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Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Dec 22, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
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6,435 reviewsCompany Facts
Min. Coverage for Motorcycles
A.M. Best Rating
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Pros & Cons
6,435 reviews
17,760 reviewsCompany Facts
Min. Coverage for Motorcycles
A.M. Best Rating
Complaint Level
Pros & Cons
17,760 reviewsFor the cheapest auto insurance for motorcycles, Erie, USAA, and State Farm emerge as the top three providers, offering monthly rates as low as $22 for minimum coverage. With Erie leading the pack in affordability, and USAA and State Farm following closely, these companies provide competitive rates without compromising on quality.
Factors such as the type of motorcycle, rider’s age, and driving record play a significant role in determining premiums, but these companies consistently offer the most budget-friendly options.
Our Top 10 Company Picks: Cheapest Auto Insurance For Motorcycles
| Company | Rank | Monthly Rates | Multi-Policy Discount | Best For | Jump to Pros/Cons |
|---|---|---|---|---|---|
 | #1 | $22 | 20% | Competitive Rates | Erie |
 | #2 | $22 | 15% | Customer Service | USAA |
 | #3 | $33 | 18% | Customizable Policies | State Farm |
 | #4 | $39 | 25% | Accident Forgiveness | Progressive |
 | #5 | $44 | 22% | Multi-Policy Discounts | American Family |
 | #6 | $44 | 20% | Bundling Discounts | Nationwide |
 | #7 | $49 | 17% | Various Discounts | Esurance |
 | #8 | $53 | 19% | Customizable Coverage | Farmers |
 | #9 | $61 | 21% | Vanishing Deductible | Allstate |
 | #10 | $68 | 16% | Online Convenience | Liberty Mutual |
Whether you prioritize cost-effectiveness, comprehensive coverage, or specific policy needs, compare quotes from these top providers and start saving today. Start saving on your auto insurance by entering your ZIP code above and comparing quotes.
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#1 – Erie Insurance: Top Overall Pick
Pros
- Competitive Rates: Erie insurance review & ratings reveal offering some of the most competitive rates in the motorcycle insurance market.
- Safe Rider Discount: Customers can benefit from a Safe Rider discount of up to 15%.
- Multi-Policy Discount: Erie, which is the cheapest bike insurance, provides a multi-policy discount of up to 20%.
Cons
- Limited Discounts: While competitive, Erie may not offer as many discounts as some other providers.
- Coverage Options: Some users may find the range of customizable coverage options less extensive compared to other companies.
#2 – USAA: Best for Service Excellence
Pros
- Customer Service: USAA insurance review & ratings is renowned for its exceptional customer service in the insurance industry.
- Multi-Policy Discount: Customers can enjoy a multi-policy discount of up to 15%.
- Safe Rider Discount: USAA offers a Safe Rider discount of up to 10%.
Cons
- Membership Requirement: USAA is available only to military members and their families, limiting eligibility.
- Limited Physical Presence: The company’s physical branches are not widely distributed, potentially affecting accessibility for some customers.
#3 – State Farm: Best for Tailored Policy
Pros
- Customizable Policies: State Farm insurance review & ratings stands out with highly customizable motorcycle insurance policies.
- Multi-Policy Discount: Customers can benefit from a multi-policy discount of up to 18%.
- Safe Rider Discount: State Farm offers a Safe Rider discount of up to 12%.
Cons
- Premium Costs: Some users may find State Farm’s premiums slightly higher than competitors.
- Limited Online Presence: The online interface may not be as robust as some other insurance providers.
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#4 – Progressive: Best for Forgiving Coverage
Pros
- Accident Forgiveness: Progressive provides an accident forgiveness feature for motorcycle insurance.
- Multi-Policy Discounts: Customers can enjoy multi-policy discounts of up to 25%.
- Wide Range of Coverage: Progressive insurance review & ratings highlight offering a comprehensive range of coverage options for motorcycle insurance.
Cons
- Premiums may Increase: While the accident forgiveness feature is beneficial, premiums may increase after an accident.
- Limited Availability: Progressive may not be available in all locations, limiting accessibility.
#5 – American Family: Best for Discount Diversity
Pros
- Multi-Policy Discounts: American Family offers significant multi-policy discounts of up to 22%.
- Coverage Options: The company provides a wide range of coverage options for motorcycle insurance.
- Safe Rider Discount: American Family insurance review & ratings show offering a benefit from a safe rider discount of up to 18%.
Cons
- Geographical Limitations: American Family’s services may not be available nationwide, potentially limiting accessibility.
- Online Experience: Some users may find the online experience less user-friendly compared to other cheapest motorcycle insurance company.
#6 – Nationwide: Best for Bundling Advantage
Pros
- Bundling Discounts: Nationwide offers attractive discounts for bundling motorcycle insurance with other policies.
- Safe Rider Discount: Customers can benefit from a Safe Rider discount of up to 15%.
- Coverage Options: Nationwide insurance review & ratings underscore providing a variety of coverage options for motorcycle insurance.
Cons
- Limited Online Features: The online platform may lack some of the features offered by competitors.
- Average Customer Service: While decent, Nationwide’s customer service may not be as exceptional as some other providers.
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#7 – Esurance: Best for Online Convenience
Pros
- Various Discounts: Esurance offers a variety of discounts, making it easier for customers to save on premiums.
- Multi-Policy Discount: Customers can enjoy a Multi-policy discount of up to 17%.
- Online Convenience: Esurance insurance review & ratings boast on its user-friendly online platform for easy policy management.
Cons
- Limited Physical Presence: Esurance may lack physical branches, affecting customers who prefer in-person interactions.
- Coverage Options: Some users may find Esurance’s coverage options less extensive compared to other providers.
#8 – Farmers Insurance: Best for Tailored Coverage
Pros
- Customizable Coverage: Farmers insurance review & ratings excel with highly customizable motorcycle insurance coverage.
- Multi-Policy Discount: Customers can benefit from a multi-policy discount of up to 19%.
- Safe Rider Discount: Farmers Insurance offers a safe rider discount of up to 16%.
Cons
- Premium Costs: Some users may perceive Farmers insurance premiums as higher compared to competitors.
- Online Experience: The online platform may not offer the same level of convenience as some other providers.
#9 – Allstate: Best for Deductible Magic
Pros
- Vanishing Deductible: Allstate provides a unique vanishing deductible feature for motorcycle insurance.
- Multi-Policy Discount: Allstate insurance review & ratings accentuate customers can enjoy a Multi-policy discount of up to 21%.
- Safe Rider Discount: Allstate offers a safe rider discount of up to 17%.
Cons
- Higher Premiums: Allstate’s premiums may be higher compared to some other motorcycle insurance providers.
- Claims Process: The claims process may be perceived as more bureaucratic compared to competitors.
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#10 – Liberty Mutual: Best for Digital Convenience
Pros
- Online Convenience: Liberty Mutual review & ratings focus on its online platform for convenient policy management.
- Multi-Policy Discounts: Customers can benefit from multi-policy discounts of up to 16%.
- Usage-Based Insurance: Liberty Mutual may provide discounts for safe driving habits through its usage-based insurance program.
Cons
- Limited Discounts: Liberty Mutual may not provide as many discounts as some other insurance providers.
- Coverage Options: Some users may find the coverage options less flexible compared to competitors.
Understanding Motorcycle Auto Insurance Costs
What is the cheapest motorcycle insurance? Navigating motorcycle insurance options involves striking a balance between affordability and coverage. This analysis dissects cheapest motorcycle insurance monthly plans, whether you prioritize minimum legal coverage or seek the comprehensive protection of full coverage. Explore these insights for a concise overview of tailored options.
Motorcycle Insurance Monthly Rates by Coverage Level & Provider
| Insurance Company | Minimum Coverage | Full Coverage |
|---|---|---|
| Allstate | $61 | $160 |
| American Family | $44 | $117 |
| Erie | $22 | $58 |
| Esurance | $49 | $128 |
| Farmers | $53 | $139 |
| Liberty Mutual | $68 | $174 |
| Nationwide | $44 | $115 |
| Progressive | $39 | $105 |
| State Farm | $33 | $86 |
| USAA | $25 | $59 |
When it comes to minimum average insurance on a motorcycle coverage, Erie and USAA stand out as the most budget-friendly options, offering plans at $22 per month. State Farm follows closely at $33, providing a slightly higher level of coverage at an affordable rate. These rates represent the baseline protection required by law, ensuring riders meet legal requirements without breaking the bank.
For those prioritizing cost-effectiveness while meeting essential coverage needs, Erie and USAA emerge as top contenders. Stepping up to full coverage provides a more comprehensive shield against potential risks. Progressive takes the lead cheap full coverage motorcycle insurance, offering it at $105 per month, closely followed by USAA at $109.
State Farm and Esurance also maintain competitive rates at $86 and $114, respectively. While Allstate and Liberty Mutual command higher premiums for full coverage at $160 and $174, they may attract riders seeking more extensive protection and additional benefits.
Choosing the Right Motorcycle Insurance Coverage
Just like auto insurance, your state probably has minimum motorcycle insurance requirements that you must fulfill in order to drive legally. Usually, this consists of bodily injury liability insurance and property damage liability insurance. However, liability coverage is just the minimum, and it won’t pay for damages to your motorcycle or person if you cause an accident.
If you want to protect your bike, it is highly recommended that you add collision insurance and comprehensive coverage to your motorcycle policy. Depending on the auto insurance company, there might also be a variety of additional coverage options you can consider adding, such as medical payments coverage, personal injury protection, and uninsured/underinsured motorist coverage.
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Factors Influencing Motorcycle Insurance Costs
The cost of motorcycle insurance varies depending on several factors. Here are some key considerations that influence your insurance premiums, helping you make informed decisions when choosing your bike and managing your insurance expenses effectively.
- Type of Bike: Sports bikes are the most expensive to insure due to their high power and increased risk of accidents. Larger motorcycles offer more stability and are cheaper to insure compared to sports bikes. Smaller ones with small engines are usually the cheapest to insure due to lower speed and risk. It’s good to know what is the cheapest motorcycle to insure.
- Engine Power: Bikes with higher horsepower, especially sports bikes, are more expensive to insure. Larger motorcycles with high power are cheaper to insure compared to sports bikes but more expensive than smaller bikes.
- Speed and Handling: Sports bikes are considered harder to handle, increasing the risk of accidents and insurance premiums. Higher speeds increase the risk of accidents, affecting desire to score cheap motorcycle insurance costs.
- Motorcycle Classifications: All motorcycles, including sports bikes, are classified as motorcycles by insurance companies. Smaller motorcycles are distinguished from scooters and are usually cheaper to insure.
- Specific Models: Some specific models, despite high power, can be cheaper to insure due to factors like weight, size, and top speed.
- Age of Motorcycle: Older bikes are generally cheaper to insure because their value is lower. However, if you own a classic motorcycle, insurance might be more expensive due to its higher value, especially if it’s registered as a classic and professionally appraised.
- Your Age: Your rates are also determined by your age. The younger you are the more you will pay. If you are 18 you can expect to pay 2 to 3 times more than someone who is 25. A 25-year-old will pay more than a 35-year-old and after that the rates pretty much even out. Delve more details on our “Average Auto Insurance Rates by Age and Gender“.
- Driving Record: Your driving record will have a major impact on the premiums you pay. The insurance company already considers your motorcycle a risk. As long as your previous record indicates that your behavior increases the risk of an accident, they will charge accordingly. A clean driving record will do you wonders in terms of trying to find affordable insurance.
Understanding the factors that influence motorcycle insurance costs can help you make informed decisions when choosing a bike. From the type of bike to its engine power and handling, each factor plays a role in determining your insurance premiums. By considering these factors, you can find the right balance between the bike you want and the insurance costs you can afford.
Tips for Maintaining Affordable Motorcycle Insurance Rates
Keeping your rates low is important but there are some things that may currently be out of your hands. For example, if you already have a bad driving record, you are simply going to have to wait that one out. Typically, it takes three years of good driving to have a noticeable impact on your rates. Your age is out of your hands as well. There are some things that you can do to keep your rates down:
Buy security devices. If you haven’t already, buy security devices for your motorcycle. According to the National Traffic Safety Administration (NHTSA), motorcycles are three times more likely to be stolen. You will find that if you purchase anti-theft devices, you will get a lower rate. If you have a tracking device, then your rates will be reduced further.
Make room in your garage to park your bike. If you don’t have a garage, consider adding a storage shed to your home. The initial expense will be quickly overcome with the savings that you will get for parking your motorcycle indoors. Sometimes there is a deeper discount for parking in a brick building over other types of structures but not everyone has that option.
Remember your deductible; while you shouldn’t skimp on coverage, increasing your deductible can help reduce costs. Look into Motorcycle Safety Foundation certified courses to lower your rates. Check local driving schools and motorcycle shops for class availability.
Erie Insurance stands out as the top choice for motorcycle insurance, offering monthly rates as low as $22 for minimum coverage, providing affordable options without compromising on quality.Ty Stewart Licensed Life Insurance Agent
Join a local motorcycle club. Joining certain organizations promoting safe cycling and group travel can earn you insurance discounts. In 2009, the National Highway Traffic Safety Administration reported over 98,000 motorcycle accidents, resulting in nearly 5,000 deaths and 87,000 injuries. Half of these accidents were caused by the motorcyclist.
Remember, while keeping your cheap motorcycle insurance rates, safety should always be your top priority. By investing in security devices, securing proper parking, adjusting your deductible, taking safety courses, and joining local motorcycle clubs, you not only save money but also contribute to a safer riding environment for yourself and others on the road. Stay safe and enjoy the ride.
Discover more information on our “Does Auto Insurance cover theft of my vehicle or personal belongings?”.
How to Obtain an Online Quote for Motorcycle Insurance
If you’re in the market for motorcycle insurance, getting online cheap motorcycle insurance quotes is a quick and convenient way for motorcycle insurance quote comparison. Whether you’re searching for the cheapest motorcycle insurance for new riders or looking to switch providers, obtaining an online quote allows you to explore your options from the comfort of your own home:
- Visit the insurance provider’s website. Go to the official website of the insurance provider you’re interested in and check which among them or what company has the cheapest motorcycle insurance.
- Navigate to the motorcycle insurance section. Look for the motorcycle insurance section on the website. This is usually found under the “Insurance” or “Get a Quote” tab.
- Fill out the online form. Enter your personal details such as your name, address, date of birth, and information about your motorcycle.
- Specify coverage needs. Choose the type of coverage you need, whether it’s minimum liability coverage, full coverage, or additional options such as medical payments coverage or roadside assistance.
- Get your quote. Once you’ve entered all the necessary information, submit the form. You’ll receive a quote based on the details you provided.
- Review and compare. Review the quote provided, and perform motorcycle insurance rates comparison it with quotes from other insurance providers to ensure you’re getting the best and cheapest company for motorcycle insurance deal.
- Finalize your coverage. If you’re satisfied with the quote, you can proceed to purchase the insurance policy online.
By following these steps, you can quickly obtain an online quote for motorcycle insurance and ensure you have the coverage you need before hitting the road.
Getting an online quote for motorcycle insurance is quick and easy. Don’t wait until it’s too late – get your quote today and hit the road with confidence! With just a few clicks, you can compare rates and coverage options from top insurance providers and find the policy that’s right for you. So why wait? Start your quote now and get the coverage you need to ride with peace of mind.
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Case Studies: Auto Insurance on Motorcycles
In this series of case studies, we explore how different insurance providers cater to the diverse needs of motorcycle riders. From military veterans to city commuters, each rider has unique requirements that demand tailored insurance solutions. Let’s delve into these case studies to understand how various insurance companies deliver personalized coverage to their customers.
- Case Study 1 – USAA’s Military Precision: John, a military veteran, sought motorcycle insurance that understood his unique needs. Choosing USAA, he found not just reliable coverage but also a tailored approach catering to military personnel.
- Case Study 2– Budget-Friendly Bliss: Sarah, a young professional on a tight budget, needed affordable motorcycle insurance without compromising coverage. Erie Insurance emerged as her solution, providing competitive rates and meeting her coverage needs.
- Case Study 3 – State Farm’s Adventure Tailoring: Mark, an adventurous motorcycle enthusiast, required coverage that accommodated his off-road journeys. State Farm’s tailored policies for riders like him provided the flexibility he needed.
- Case Study 4 – Progressive’s Flexibility in the City: Lisa, a city commuter, sought motorcycle insurance that adapted to her changing lifestyle. Progressive, known for its innovative and flexible coverage options, provided a plan that adjusted to Lisa’s evolving needs.
These case studies demonstrate the importance of finding the right insurance provider that understands and meets your unique needs as a motorcycle rider. Whether you’re a military veteran, a budget-conscious young professional, an off-road enthusiast, or a city commuter, there’s an insurance company out there ready to provide the personalized coverage you require for your riding adventures.
Check out the “Top Auto Insurance Providers for Veterans” to help you decide.
The Round Up: Cheapest Auto Insurance for Motorcycles
Finding the right motorcycle insurance is essential for any rider, whether you’re a seasoned enthusiast or a new rider hitting the road for the first time. With the information provided in this guide, you now have a clear understanding of the top insurance providers, their rates, and the coverage options they offer.
From budget-friendly options to comprehensive coverage, there’s a policy out there to suit every rider’s needs.Remember, when shopping for motorcycle insurance, it’s essential to find and compare quotes from multiple providers to ensure you’re getting the best deal. By obtaining online quotes, you can easily compare rates and coverage options from the comfort of your own home.
Erie Insurance provides reliable motorcycle insurance with affordable rates, ensuring riders get the coverage they need without breaking the bank.Jimmy McMillan Licensed Insurance Agent
Don’t wait until it’s too late – get your quote today and hit the road with confidence! With just a few clicks, you can find the coverage you need to ride with peace of mind, knowing you’re protected every step of the way. So why wait? Start your quote now and get the coverage you need to enjoy the thrill of the open road safely and securely.
Ride smart, ride safe, and enjoy the freedom of the open road with the right motorcycle insurance policy by your side. Find the best auto insurance company near you by entering your ZIP code into our free quote tool below.
Frequently Asked Questions
What are the factors that determine motorcycle insurance premiums?
Several factors influence motorcycle insurance premiums, including the make and model of the motorcycle, the rider’s age and driving experience, the rider’s location, the motorcycle’s usage (commuting or recreational), the rider’s claims history, and the desired coverage options.
Which types of motorcycles are typically cheaper to insure?
Generally, smaller and less powerful motorcycles tend to have cheap insurance for motorcycles premiums. These can include lightweight motorcycles, scooters, mopeds, and cruisers with engines under 500cc. However, for example, 500cc motorcycle insurance rates may still vary based on other factors mentioned earlier.
Explore more information on “What are the cheapest motorcycles to insure?“.
Are there specific motorcycles that tend to have lower insurance costs?
Yes, certain motorcycles generally have budget motorcycle insurance costs due to various factors. These factors can include the motorcycle’s engine size, power output, repair costs, theft rates, and safety features.
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Are there any specific motorcycle models known for having lower insurance rates?
While insurance rates can differ between insurance providers, some motorcycles have been reported to have relatively cheap insurance motorcycles cost. Examples include smaller sport bikes like the Honda CBR300R or Yamaha YZF-R3, entry-level cruisers like the Kawasaki Vulcan S, and popular scooters such as the Honda PCX150 or Vespa Primavera.
Do custom motorcycles or modified bikes have different insurance rates?
Custom motorcycles or bikes with modifications may have higher insurance rates than their stock counterparts. Customizations that increase the motorcycle’s value or performance can potentially affect the cost of repairs, replacement parts, and the overall risk profile, resulting in higher premiums.
Obtain insights on “Which are the cheapest sport bikes to insure?“.
Are there any discounts available for motorcycle insurance?
Yes, common discounts include multi-policy, multi-vehicle, safe rider, good rider, and loyalty discounts.
What is the difference between liability, collision, and comprehensive motorcycle insurance?
Liability covers damages to others, collision covers your motorcycle in a crash, and comprehensive covers non-collision damage like theft or vandalism.
Can I get motorcycle insurance if I have a bad driving record?
Yes, but you may pay higher premiums. Improve your record for affordable rates and check more ways on how to lower your auto insurance premiums.
Do I need motorcycle insurance if I only ride occasionally?
Yes, most states require insurance. It provides financial protection even for occasional riders.
Get fast and cheap auto insurance coverage today with our quote comparison tool below.
Does the type of motorcycle I ride affect insurance rates?
Yes, smaller and less powerful motorcycles generally have lower rates.
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Jeff Root
Licensed Insurance Agent
Jeff is a well-known speaker and expert in life insurance and financial planning. He has spoken at top insurance conferences around the U.S., including the InsuranceNewsNet Super Conference, the 8% Nation Insurance Wealth Conference, and the Digital Life Insurance Agent Mastermind. He has been featured and quoted in Nerdwallet, Bloomberg, Forbes, U.S. News & Money, USA Today, and other leading...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
