The Top 3 Motorcycle Insurance Companies of 2020

“Four wheels move the body. Two wheels move the soul.” 

What do you think comes to people’s minds when they think about riding a motorcycle?    

Freedom? Speed? The open road? Or maybe that Bon Jovi song,  


I’m a cowboy on a steel horse I ride   

Wanted dead or alive   


Sure, Jon Bon Jovi himself was a Harley Davidson fanatic. And sure, riding a motorcycle might make people feel like a rockstar or a bad boy.   

But what anyone cannot ignore is with high speed comes a higher chance of accidents.   

Even the most careful of motorists can find themselves in a mishap.    

According to Valuepenguinthe number of motorbike injuries from 81,000 in 2011 increased to 88,000 in 2015.    

But that’s not all!    

Motorbikes are more prone to be stolen due to their small size and weight. A thief can hoist the bike into a van quickly. This tactic lessens both the destruction of the motorbike and the possibility of getting caught in the act.   

In 2017, NIC recorded 44,268 motorcycles theft in the U.S.    

However, we cannot ignore the stat from StatistaAbout 470,000 brand new motorcycles were sold in the country too!   

People love the thrill of riding against the cold breeze.   

And since motorcycle insurance is mandatory in 49 out of the 50 states. (Florida does not require it, but we all know how notorious Floridians drivers are, so we highly recommend them to get it too!)   

In short, Motorcycle insurance is a very lucrative market.    

Now, we know you must be eager to tell your clients all about uninsured motorist insurance and its benefits.   

But are you confused too?   

Wondering who the best motorcycle insurance companies are?    

Don’t worry! We have got you covered.   

Here, we have curated a list of the top three best motorcycle insurance for you to consider next time your client requests one.   


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Schedule a call right now and learn how you can ease your work, sell more, and increase your profits!

SafeCo Motorcycle Insurance:


True to their name, SafeCo is the safest option when it comes to bike insurance. Backed by Liberty Mutual Insurance, they are also very active in philanthropy work.     

Wonder what sets SafeCo apart? It is the fact that they give out multiple free features that rivals usually charge. They understand that there are different kinds of motorcycles and riders. So, to cater to the array of motorists and their needs, SafeCo has tailored precise policy.     

What do you think your motorist clients love other than their bikes? Yes, the accessories!    

You will be glad to know that their policy includes a $1,000 protection to replace gears like gloves, helmets, and jackets. And what’s more? 

There’s no deductible for these safety materials!   

Additionally, you can increase the custom accessories coverage up to $20,000 per motorcycle. If your clients like custom safety apparel, they will love this deal!   

Your clients who own the new Harley Davidson will be glad to know that SafeCo provides a bike replacement option for two years.    

Accidents can happen anywhere, at any time. Thus, the customer and claims services are available 24/7.    

Furthermore, discounts such as mature rider, garage discount, riding club discount are just some of the attractive features of this bike insurance.   

From guest passenger liability to comprehensive insuranceSafeCo covers it all. The quote process is also straightforward.   

The only con with SafeCo motorcycle insurance is a lack of coverage for bikes meant for racing and without nitrous oxide kits.   

Foremost Bike Insurance:


Foremost is the best insurance company for those motorists that own classic, vintage, and custom motorcycles. They are a wholly-owned subsidiary of Farmers Insurance. And they are regarded as one of the country’s most popular insurers of personal property.   

Do your clients have motorcycles over 25 years old? Or own a limited-edition bike? Then you should know that Foremost provides policies for these clients.    

Electric vehicles with low speed and custom bikes that have optional equipment of $30000, Foremost covers all. The company also offers excellent collision and comprehensive plans for bikes with custom additions.   

The coverage for aftermarket equipment is around $3500, likewise, for safety apparel, $1500. Foremost motorcycle insurance provides a commitment to safeguard your client’s body and bike!  

However, Foremost’s motorcycle insurance is not available in Massachusettes and Hawaii.   

ASI bike insurance:

ASI Insurances have been successful in establishing themselves as the top 15 homeowners’ insurance providers in the U.S. However, being very insured-focused, their motorcycle insurance is as good!   

Their plans can be tailor-made for the needs of the client and their unique bikes. Many insureds think that their personal insurance policy covers their motorcycle accidents as well. However, you know that it’s not true. So, recommend your clients ASI insurance! They provide a range of coverage options like collision, theft, vandalism, bodily injury, and guest passenger liability.   

But that’s not it!   

They have excellent features like towing & labor costs and roadside assistance.     

Now, you might have clients that are fond of customer equipment in their bikes. They provide replacement coverages for these custom parts.   

You can trust their policy for exclusive discounts and other features as well.   

We bet you want your clients to save a few bucks. The ASI multi-policy discounts will do just that! Safety course rewards are also special features that help save clients’ money. These carriers and policies do provide the best for the insured.     

However, it depends on you to understand the client’s needs when it comes to motorcycle insurance.   

Do you agree? 

You need to ask the right questions to the clients about their bikes, lifestyle, and accessories. And recommend a policy accordingly.

Do you think other motorcycle insurance providers should be on the list too? Comment below and let us know! 

Learn how you can flourish as an agent after one call!

Schedule a call right now and learn how you can ease your work, sell more, and increase your profits!

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