Motorcycle riding in the USA is an exciting way to travel, but it also comes with significant responsibilities, particularly when it comes to insurance. Motorcycles are more vulnerable than cars, and any accident can result in costly repairs or medical bills. That’s why finding the cheapest motorcycle insurance companies with extended coverage in the USA is crucial for riders who want full protection without breaking the bank.
Extended coverage adds extra layers of protection beyond the minimum liability required by law. This article covers everything you need to know about extended motorcycle insurance and reviews the 12 most affordable companies in the USA, highlighting their coverage options, features, and pricing.
Why Motorcycle Insurance is Essential in the USA
Motorcycle insurance is legally required in almost every state. Riding without insurance can lead to heavy fines, suspension of your license, and significant out-of-pocket expenses if you cause an accident.
What does standard motorcycle insurance cover?
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Liability insurance: Covers bodily injury and property damage to others if you are at fault in an accident.
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Medical payments: Helps pay for your medical bills after an accident.
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Uninsured/underinsured motorist coverage: Protects you if you're hit by a driver who has no insurance or not enough insurance.
Why consider extended coverage?
Extended coverage ensures that your motorcycle and personal property are also protected. Typical extended coverage options include:
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Collision coverage: Pays for damage to your motorcycle after a crash, regardless of fault.
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Comprehensive coverage: Covers theft, fire, vandalism, and natural disasters.
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Accessory coverage: Protects custom parts, helmets, and riding gear.
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Roadside assistance: Helps with towing and emergency repairs if your motorcycle breaks down.
Factors That Affect Motorcycle Insurance Rates in the USA
Motorcycle insurance costs vary widely depending on several factors:
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Your location: Riders in urban states like California, New York, or Florida often pay more than those in rural states.
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Motorcycle type: Sports bikes usually have higher insurance rates than cruisers or touring bikes.
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Your riding experience: Experienced riders with a clean driving record get cheaper rates.
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Annual mileage: Riding more miles per year increases your risk, raising premiums.
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Age: Younger riders generally pay more because they are considered high-risk.
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Coverage level: Extended coverage will cost more than a liability-only policy.
Summary Table: Cheapest Motorcycle Insurance Companies with Extended Coverage in the USA
| Insurance Company | Average Annual Premium (Extended Coverage) | Nationwide Availability | Key Features |
|---|---|---|---|
| Progressive | $700–$1,300 | 49 states | Multi-policy discounts, accident forgiveness |
| GEICO | $720–$1,250 | Nationwide | Low rates, strong roadside assistance options |
| Dairyland | $740–$1,280 | Nationwide | Accepts high-risk riders, flexible payment plans |
| Nationwide Insurance | $760–$1,300 | Nationwide | Strong accessory and custom parts coverage |
| Allstate | $770–$1,350 | Nationwide | Safe driver discounts, new motorcycle replacement option |
| State Farm | $750–$1,280 | Nationwide | Bundling discounts with auto, home, and renters insurance |
| Markel Insurance | $730–$1,250 | Nationwide | Specializes in motorcycles, tracks, and collectible bikes |
| Esurance (Allstate) | $760–$1,280 | 42 states | User-friendly online quotes and roadside assistance |
| USAA (Military Only) | $720–$1,230 | Nationwide (members only) | Exclusive discounts for active military and veterans |
| Safeco Insurance | $740–$1,270 | Nationwide | Great for bundled policies and optional trip interruption cover |
| American Family | $750–$1,290 | 19 states | Competitive discounts for multi-policy households |
| Travelers Insurance | $760–$1,320 | Nationwide | Optional accident forgiveness and custom parts coverage |
Detailed Reviews of the Cheapest Motorcycle Insurance Companies in the USA
Progressive
Progressive is one of the largest motorcycle insurers in the country and is known for affordable premiums and comprehensive extended coverage options.
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Why choose Progressive? Offers accident forgiveness, disappearing deductibles, and strong roadside assistance.
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Best for: Riders looking for flexible coverage and bundling options with auto insurance.
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Average annual premium: $700–$1,300 with extended coverage.
GEICO
GEICO is widely recognized for low rates and excellent customer service.
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Key benefits: Extended coverage includes comprehensive, collision, accessory coverage, and total loss replacement for newer motorcycles.
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Best for: Riders who want reliable roadside assistance and fast claims processing.
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Average annual premium: $720–$1,250.
Dairyland
Dairyland is popular with high-risk riders and those who need flexible payment options.
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Why it’s affordable: Accepts riders with less-than-perfect driving records while still offering reasonable rates.
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Best for: New riders or those needing SR-22 filings.
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Average annual premium: $740–$1,280.
Nationwide Insurance
Nationwide offers excellent extended coverage for custom bikes and high-value motorcycles.
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Extended coverage benefits: Includes custom parts coverage up to $30,000 and optional roadside assistance.
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Best for: Riders who own modified or collectible motorcycles.
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Average annual premium: $760–$1,300.
Allstate
Allstate is a trusted name in insurance with extensive motorcycle coverage options.
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Why choose Allstate? Offers new motorcycle replacement if your bike is totaled in the first two years.
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Best for: Riders looking for strong safe-driver and multi-policy discounts.
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Average annual premium: $770–$1,350.
State Farm
State Farm is a popular choice for riders who want local agents and personalized service.
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Key benefits: Bundling discounts and competitive rates on extended coverage.
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Best for: Households with multiple insurance needs.
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Average annual premium: $750–$1,280.
Markel Insurance
Markel specializes in motorcycle coverage and is ideal for riders who attend track days or own collectible bikes.
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Why it’s great: Offers unique add-ons like mechanical breakdown coverage.
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Best for: Enthusiasts who ride frequently and require specialized protection.
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Average annual premium: $730–$1,250.
Esurance (Allstate)
Esurance, backed by Allstate, offers affordable motorcycle insurance with digital convenience.
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Extended coverage benefits: Includes collision, comprehensive, accessory coverage, and roadside assistance.
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Best for: Riders who want easy online quotes and fast policy management.
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Average annual premium: $760–$1,280.
USAA
USAA is exclusively available to military members, veterans, and their families.
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Why choose USAA? Strong discounts and flexible extended coverage options.
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Best for: Military families seeking affordable rates and nationwide coverage.
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Average annual premium: $720–$1,230.
Safeco Insurance
Safeco offers competitive rates and multiple discount options for riders.
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Extended coverage benefits: Includes trip interruption, roadside assistance, and custom parts protection.
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Best for: Riders looking for comprehensive bundles with home or auto insurance.
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Average annual premium: $740–$1,270.
American Family
American Family is a regional insurer offering competitive motorcycle rates in select states.
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Why choose American Family? Generous discounts for multiple policies and safe riding habits.
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Best for: Households in eligible states who want to bundle insurance.
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Average annual premium: $750–$1,290.
Travelers Insurance
Travelers offers extended motorcycle coverage with solid customer service.
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Extended coverage benefits: Accident forgiveness, roadside assistance, and custom parts replacement.
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Best for: Riders who value strong financial stability and reliable claims processing.
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Average annual premium: $760–$1,320.
Tips for Saving on Motorcycle Insurance with Extended Coverage in the USA
Even with extended coverage, you can reduce your motorcycle insurance premiums by following these tips:
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Bundle policies: Combine your motorcycle insurance with home or auto insurance for discounts.
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Take a safety course: Many insurers give a discount if you complete a Motorcycle Safety Foundation (MSF) course.
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Keep a clean record: Avoid traffic violations and accidents.
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Install anti-theft devices: Security systems, GPS trackers, and locks can lower premiums.
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Shop around: Compare at least three quotes before purchasing a policy.
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Adjust deductibles: A higher deductible can lower your monthly premium, but be ready for larger out-of-pocket costs in a claim.
FAQs: Motorcycle Insurance with Extended Coverage in the USA
1. What is the difference between liability-only and extended coverage?
Liability-only covers damages to others, while extended coverage also protects your motorcycle and gear.
2. Which company has the cheapest extended coverage for motorcycles in the USA?
Progressive and GEICO are consistently among the most affordable, but rates vary by state and rider profile.
3. Does extended coverage include roadside assistance?
Yes, most insurers offer roadside assistance as part of extended coverage or as an optional add-on.
4. Are sport bikes more expensive to insure?
Yes, due to their higher performance and theft risk, sport bikes generally cost more to insure.
5. Can I suspend my motorcycle insurance during the off-season?
Some insurers allow seasonal coverage, which can reduce costs if you store your bike in winter.
6. Do custom parts and accessories need special coverage?
Yes, standard policies have limits, so you may need to add custom parts coverage to protect modifications.
7. Which states have the most expensive motorcycle insurance?
California, Florida, and New York typically have the highest premiums.
8. Does my riding experience affect my premium?
Yes, experienced riders usually pay lower premiums.
9. Is uninsured motorist coverage necessary for motorcycles?
Yes, it’s recommended, as motorcycle accidents can result in high medical expenses.
10. How can I get a quick motorcycle insurance quote?
Companies like Progressive, GEICO, and Esurance offer instant online quotes.
Conclusion
Choosing one of the cheapest motorcycle insurance companies with extended coverage in the USA can help you save money while ensuring you’re fully protected on the road. Companies like Progressive, GEICO, and Dairyland stand out for their affordable premiums and comprehensive options.
Before purchasing:
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Compare quotes from at least three insurers.
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Consider your bike’s value and how much coverage you need.
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Look for bundling discounts and other savings programs.
With the right insurer, you can enjoy your motorcycle adventures with peace of mind knowing you’re covered.