Finding affordable motorcycle insurance can be a challenge, especially with rates that vary significantly by company, location, and rider profile. Whether you ride for commuting or weekend adventures, having the right coverage at a reasonable price is essential for peace of mind on the road.
In 2025, several major insurers continue to offer competitive rates for motorcycle coverage, with Progressive, GEICO, and Dairyland often ranking among the lowest-cost providers nationwide. This guide will walk you through the leading companies, factors that influence costs, and practical steps to find the most affordable motorcycle insurance without compromising coverage quality.
Top Companies Offering Cheap Motorcycle Insurance
Based on national comparisons, Progressive stands out as one of the most affordable motorcycle insurance companies overall. Its average monthly premium for combined coverage options is around $160, which can be over 30% cheaper than the national average in some areas.
GEICO follows closely behind at roughly $170 per month, while Dairyland remains competitive at about $200 monthly. Although prices differ depending on your location and motorcycle type, these three providers consistently offer attractive rates for both liability-only and full coverage policies.
Some regional companies, such as Shelter Insurance or Markel, may offer even lower rates within certain states, especially for riders who qualify for specific local discounts.
💡 Tip: Comparing quotes from multiple insurers is the best way to identify real savings. Even a $10–$15 monthly difference can add up to hundreds of dollars per year.
Affordable Liability-Only Motorcycle Insurance
For riders seeking the most budget-friendly option, liability-only insurance meets state requirements and covers damages to others in case of an accident.
Among national insurers, Progressive again offers one of the most affordable liability-only plans at around $76 per month, which is roughly 45–50% below the national average for this coverage type.
Regional options such as Markel (around $89 monthly) and GEICO (around $99 monthly) are also worth considering, particularly for safe riders who prefer minimal coverage.
While liability-only insurance is the cheapest option, it does not cover damage to your own motorcycle. Riders with newer or higher-value bikes should evaluate whether the added cost of comprehensive and collision coverage might be worthwhile for long-term protection.
Cheap Full-Coverage Motorcycle Insurance
Full coverage motorcycle insurance includes both comprehensive and collision protection, covering your bike from accidents, theft, and other unexpected events.
In 2025, the most affordable full coverage options come from:
- Dairyland – around $243 monthly
- Progressive – around $262 monthly
- Harley-Davidson Insurance – around $290 monthly
While the price difference between these plans may seem modest, switching from a higher-cost provider could still save hundreds of dollars annually.
Keep in mind that full coverage rates depend on factors such as motorcycle value, rider experience, driving history, and state insurance requirements.
Cheapest Motorcycle Insurance by State
Insurance costs can vary dramatically by state. For example:
- Progressive offers the lowest rates in about 19 states, often saving riders over $100 per month compared to local averages.
- Dairyland provides strong value in 18 states, with average monthly savings exceeding $150 in some areas.
- GEICO is often the cheapest option in densely populated states such as California or Florida.
These variations are due to differences in local laws, claim rates, and weather risks. Before purchasing, always review state-specific options and consult your local insurance department or agent for current rate comparisons.
Cheapest Motorcycle Insurance for Young Riders
Younger riders typically pay more for insurance due to limited experience, but savings are still possible.
For riders in their early 20s, GEICO often provides the most affordable coverage, starting at around $279 per month. Progressive is also competitive, particularly for riders under 25, with rates for 16-year-olds averaging about $450–$460 per month.
Taking a certified motorcycle safety course, maintaining a clean driving record, and avoiding high-risk motorcycles (such as certain sport bikes) can help younger riders qualify for additional discounts.
Insurance for Sport Bikes and High-Risk Riders
Sport bike riders and those with past violations—such as speeding tickets or at-fault accidents—may face higher premiums. However, several insurers offer fair rates for these profiles.
For sport bikes, Progressive again leads with minimum coverage rates as low as $76 monthly, followed by Markel ($89) and GEICO ($99).
For high-risk riders, rates vary more widely, but Progressive often offers flexible coverage options and specialized discounts that help reduce overall costs. Riders with prior violations or accidents should always compare quotes from at least three providers, as each company evaluates risk differently.
How to Get the Best Motorcycle Insurance Rate
Here are several steps that can help you secure affordable motorcycle coverage while maintaining adequate protection:
1. Decide How Much Coverage You Need
Every rider must meet their state’s minimum liability requirements, but you should also consider your personal financial situation and motorcycle value. Choosing higher liability limits can provide more protection in case of an accident, while optional coverages like collision or comprehensive may be essential for newer bikes.
2. Ask About Discounts
Most insurers offer multiple discount programs, including:
- Multi-policy or bundling discounts (for combining auto and motorcycle insurance)
- Safe rider discounts
- Safety course completion credits
- Experienced rider discounts
- Motorcycle association membership benefits
Check with your provider to see which discounts you qualify for.
3. Compare Multiple Quotes
Online quote tools make it easy to compare premiums from several insurers in minutes. Review not only prices but also customer satisfaction ratings, claims processing reputation, and coverage options.
4. Keep a Clean Driving Record
A history free of accidents and traffic violations can significantly lower your premium. Insurers reward safe riders with lower rates over time.
5. Maintain Good Credit
In many states, credit history can influence insurance rates. Paying bills on time and keeping balances low may help you secure better pricing.
Final Thoughts
While Progressive often emerges as the most affordable national provider, GEICO, Dairyland, and Markel also offer excellent value depending on your age, bike type, and location.
Ultimately, the cheapest policy isn’t always the best. The right motorcycle insurance should balance cost, coverage, and service quality — giving you confidence every time you hit the road.
Before committing, compare at least three personalized quotes and review your options carefully. Affordable motorcycle insurance is available — it just takes a bit of research and the right strategy to find the best fit for your needs.
