Keywords: These are the 4 best motorcycle insurance companies to cover your bike.
Motorcycle enthusiasts appreciate that their favorite mode of transportation brings freedom and adventure on the road, but they also understand the risks that come with it. Without proper coverage, accidents or thefts can cause significant financial losses. As a motorcycle rider, it’s imperative to protect yourself and your bike by selecting the right motorcycle insurance company. This article will discuss the four best motorcycle insurance companies to cover your bike.
1. GEICO
GEICO is a well-known insurance company that provides affordable coverage for automobiles, but its motorcycle coverage is equally comprehensive. With GEICO, you can get coverage for any motorcycle, including cruisers, sports bikes, and touring bikes. Their insurance policies also cover golf carts, mopeds, scooters, and dirt bikes.
When it comes to GEICO’s motorcycle insurance coverage, riders can choose from various insurance options, including liability coverage, uninsured/underinsured motorist coverage, collision coverage, and comprehensive coverage. The comprehensive coverage protects your motorcycle from incidents such as theft, while collision coverage covers the damage done during an accident. GEICO’s prices are affordable, and they offer several discounts to their policyholders, such as safety course completion discount, multiple policies discount, and military discount.
2. Progressive
Progressive is another popular insurance company recognized for its motorcycle insurance coverage. They offer liability coverage and collision coverage with maximum liability limits between $25,000 and $250,000. Additionally, Progressive has a total loss replacement program that provides full reimbursement for a new bike with no depreciation in case of theft or a total loss accident.
Apart from motorcycle insurance coverage, Progressive provides other additional services, such as 24/7 roadside assistance, custom parts and equipment coverage, and total loss coverage to personalize your motorcycle. Progressive also offers bundling options to their policyholders where riders can get a discount on buying policy bundles and their award-winning SnapShot program.
3. Nationwide
Nationwide is an insurance company known for its exceptional customer service and features. It’s been offering motorcycle insurance coverage to riders for more than 60 years. Nationwide motorcycle coverage offers bodily injury liability, property damage liability, collision, and comprehensive coverage.
What stands out with Nationwide is their additional services such as towing and labor coverage, loan/lease payoff, medical payments coverage, custom equipment coverage, and accessory coverage. They also provide perks to their policyholders, such as a $100 deductible reduction for completing an accident prevention course.
4. Allstate
Allstate motorcycle insurance policies provide riders with flexibility on how to pay their premiums. They allow the option of selecting the payment schedule that works best for the rider, including monthly, quarterly, and yearly payment options. Allstate provides coverage for various motorcycle types, including touring bikes and cruisers.
Allstate motorcycle coverage comes with essential options, such as liability, collision, comprehensive, and uninsured motorist coverage. Their additional features include new motorcycle replacement, trip interruption coverage, and roadside assistance. Allstate insures tires and other motorcycle equipment as well. They also offer several discounts to bikers, such as a safe rider discount, multi-policy discount, and loyalty discount.
Conclusion
Choosing the right insurance company can make a significant difference when it comes to covering your bike and minimizing financial losses in the event of an accident or theft. The four companies discussed in this article are the best motorcycle insurance companies that provide policies and services tailored to meet the needs of every motorcycle rider’s budget and requirements. GEICO, Progressive, Nationwide, and Allstate offer affordable coverage, extensive policy options, additional perks, and discounts to their policyholders. Regardless of which company you choose, always make sure you have the proper coverage to keep yourself and your motorcycle safe on the road.