Who needs motorcycle insurance?
The majority of states in the U.S. require motorcycle riders to have an insurance policy. In fact, the only state that doesn't require it is Florida. However, just because the state of Florida doesn't require it, you should definitely consider opting for insurance anyway. Otherwise, people could sue you for property and physical damages if you cause an accident.
Motorcycle insurance requirements by state
In most states, motorcyclists must have at least $25,000 in bodily injury protection per person and $50,000 per accident, as well as $10,000 in property damage coverage. Below you can find the requirements per state.
Alaska
50,000
100,000
25,000
Alabama
25,000
50,000
25,000
Arkansas
25,000
50,000
25,000
Arizona
15,000
30,000
10,000
California
15,000
30,000
5,000
Colorado
25,000
50,000
15,000
Connecticut
20,000
40,000
10,000
Delaware
15,000
30,000
10,000
Georgia
25,000
50,000
25,000
Hawaii
20,000
40,000
10,000
Idaho
25,000
50,000
15,000
Illinois
25,000
50,000
10,000
Indiana
25,000
50,000
10,000
Iowa
20,000
40,000
10,000
Kansas
25,000
50,000
10,000
Kentucky
25,000
50,000
10,000
Louisiana
15,000
30,000
25,000
Maine
50,000
100,000
25,000
Maryland
30,000
60,000
15,000
Massachusetts
20,000
40,000
5,000
Michigan
20,000
40,000
10,000
Minnesota
30,000
60,000
10,000
Missisippi
20,000
50,000
25,000
Missouri
25,000
50,000
10,000
Montana
25,000
50,000
20,000
Nebraska
25,000
50,000
25,000
New Hampshire
25,000
50,000
25,000
New Jersey
15,000
30,000
5,000
New Mexico
25,000
50,000
10,000
New York
25,000
50,000
10,000
Nevada
15,000
30,000
10,000
North Carolina
30,000
60,000
25,000
North Dakota
25,000
50,000
25,000
Ohio
25,000
50,000
25,000
Oklahoma
25,000
50,000
25,000
Oregon
25,000
50,000
20,000
Pennsylvania
15,000
30,000
5,000
Rhode Island
25,000
50,000
25,000
South Carolina
25,000
50,000
25,000
South Dakota
25,000
50,000
25,000
Tennessee
25,000
50,000
15,000
Texas
30,000
60,000
25,000
Utah
25,000
65,000
15,000
Vermont
20,000
50,000
10,000
Virginia
25,000
50,000
20,000
Washington
25,000
50,000
10,000
West Virginia
25,000
50,000
25,000
Wisconsin
25,000
50,000
10,000
Wyoming
25,000
50,000
20,000
What carriers offer the cheapest motorcycle insurance rates?
On average, Geico offers the most affordable motorcycle insurance, but rates vary wildely based on deductibles, discounts and the motorcycle value. It's for this reason we recommend to always compare multiple carriers.
Aside from Geico, Nationwide and Progressive are among the most affordable options. Dairyland is another fine choice for motorcycle insurance. While not as affordable as other options, they excell at customer support and quality coverage, as their thousands of reviews attest to.
How much does motorcycle insurance cost?
How rates vary based by state:
The nationwide average for full motorcycle coverage is $360/year, or $30/month. Rates vary wildely based on your state, though. California, for example costs around a $900/year while North Dakota just $165/year.
The five most expensive states:
The five cheapest states:
How rates vary based by age:
Just like with car insurance, the younger you are, the more expensive the insurance. You'll likely pay the least for motorcycle insurance in your 30's, 40's and 50's.
How rates vary based by motorcycle:
When calculating your rates, insurance companies consider all available safety and risk information, so the sort of motorcycle you ride has a significant impact on your cost. Insurers take into account the following factors:
-
Motorcycle value: Because more costly motorcycles are more expensive to repair and replace, insurance companies will charge you extra for comprehensive and collision coverage if you acquire it.
-
Bike safety: Bikes with greater safety features, such as anti-lock brakes, are less likely to be involved in an accident and, as a result, are generally less expensive to insure.
-
Crash rate: Some motorbike types and styles are more likely to be involved in collisions than others. Motorcycle insurance companies feel you're more likely to file a claim if your model of bike is involved in more crashes.
-
Theft rate: When it comes to a sort of bike that is frequently stolen, insurance providers often demand a higher premium. This is because the chances of the insurer having to pay out for a comprehensive claim are higher. As a result, insurance for flashy and expensive bikes that are top theft targets is more expensive.
2019 Yamaha V Star 250
$3,620
$1,389
2019 Harley-Davidson Street 750
$6,230
$1,853
2019 BMW R 1250 RT
$18,920
$3,394
2019 Honda Gold Wing
$21,680
$3,943
2019 Suzuki GSX-R600
$9,9000
$7,097
