Get the Best Deal on Motorcycle Insurance: Easy Comparison of Rates
Motorcycles are not only a popular mode of transportation, but they also have a cultural significance for many people. However, owning a motorcycle also comes with risks, which is why having motorcycle insurance is essential. Motorcycle insurance protects you from financial losses in case of accidents, theft, or damage to your bike. In this article, we will discuss the importance of motorcycle insurance and compare motorcycle insurance quotes from different insurance providers.
Why is motorcycle insurance necessary?
Before we delve into the comparison of motorcycle insurance quotes, let's discuss why motorcycle insurance is necessary. Firstly, it is illegal to ride a motorcycle without insurance in most states. Secondly, motorcycle accidents can result in severe injuries, damages to the bike, and other vehicles involved. Without insurance, you would have to bear the financial burden of such losses.
Moreover, motorcycle theft is also a prevalent problem. According to the National Insurance Crime Bureau (NICB), motorcycle theft increased by 9% in 2020 compared to the previous year. Having comprehensive insurance coverage can protect you from the financial losses incurred from motorcycle theft.
Lastly, liability coverage is essential in case you are at fault for an accident that results in injury or damage to other people's property. Liability coverage will cover the damages to the other party, thus protecting you from legal and financial liabilities.
Now that we have established the importance of motorcycle insurance let's compare quotes from different providers.
Squeeze.com
Squeeze.com is an online insurance comparison platform that allows you to compare quotes from multiple insurance providers. It is a convenient way to find the best insurance rates for your motorcycle. Let's see how Squeeze.com compares with other insurance providers for motorcycle insurance quotes.
Geico
Geico is one of the largest insurance providers in the US and offers motorcycle insurance coverage. To compare quotes, we requested a quote from Geico's website for a 2019 Harley-Davidson Street 750 in California with liability coverage, comprehensive coverage, and collision coverage.
The quote provided by Geico was $288 per year, which includes liability coverage of $50,000 per person, $100,000 per accident, and $25,000 for property damage. The comprehensive coverage includes a $500 deductible, and the collision coverage includes a $500 deductible.
Progressive
Progressive is another prominent insurance provider that offers motorcycle insurance coverage. We requested a quote from Progressive's website for the same motorcycle in California with the same coverage as Geico.
The quote provided by Progressive was $286 per year, which includes liability coverage of $50,000 per person, $100,000 per accident, and $25,000 for property damage. The comprehensive coverage includes a $500 deductible, and the collision coverage includes a $500 deductible.
Allstate
Allstate is another insurance provider that offers motorcycle insurance coverage. We requested a quote from Allstate's website for the same motorcycle insurance quotes in California with the same coverage as Geico and Progressive.
The quote provided by Allstate was $336 per year, which includes liability coverage of $50,000 per person, $100,000 per accident, and $25,000 for property damage. The comprehensive coverage includes a $500 deductible, and the collision coverage includes a $500 deductible.
Comparison
Now that we have quotes from different insurance providers let's compare them to see which one offers the best value.
Geico and Progressive both provided similar quotes for the same coverage, with a difference of only $2. However, Allstate provided a quote that is $50 more expensive than Geico and Progressive. Based on these quotes, Geico and Progressive offer the best value for motorcycle insurance coverage.
Conclusion
In conclusion, owning a motorcycle without insurance is risky and illegal. Motorcycle insurance protects you from financial losses in case of accidents, theft, or damage to your bike. Squeeze.com
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