Whether you’re an occasional rider who owns a cute Italian Scooter or a die-hard motorcycle road warrior, having insurance is integral to protect yourself and your motorcycle.
This article covers the basics of Michigan motorcycle insurance, including Michigan motorcycle insurance laws, the cost of insurance, and where you can get cheap motorcycle insurance in Michigan.
So, let’s dive right in.
Motorcycle insurance is similar to auto insurance because it offers financial protection for injuries or damages incurred or caused while driving a vehicle. A typical motorcycle insurance policy includes liability insurance, which pays for any damages you cause to others. It can also include coverage for your motorcycle and injuries in the form of medical coverage and uninsured and underinsured coverages.
Michigan requires all motorcyclists to carry minimum liability (both bodily injury and property damage) coverage or PLPD coverage, commonly known as Purchase Liability Property Damage. It’s a must-have in case of an at-fault accident that results in death or bodily injury. Also, motorcyclists who ride without helmets are required to have first-party medical benefits coverage and liability insurance. The state minimum requirements are $20,000 for bodily injury, $40,000 for each accident, and $10,000 for property damage.
Unlike car drivers, motorcyclists are not required to purchase no-fault insurance. The no-fault law mandatory insurance coverage only applies to vehicles that qualify as “motor vehicles,” and the no-fault clause specifically excludes motorcycles from the definition of a “motor vehicle.”
The best motorcycle insurance company is a cross between affordability, reliability, coverage options, and customer service. The cost can vary significantly based on factors about the driver and riding history, including your location, the type of motorcycle you own, how long you’ve been riding, and whether you’ve recently been in a crash or have been responsible for a traffic violation. To determine how much is motorcycle insurance in Michigan, we’ve analyzed quotes from multiple carriers to pinpoint the best and the cheapest coverages in Michigan.
Our sample driver is in his mid-40’s, married, with over 20 years of driving experience, and drives a $22,000 motorcycle. We’ve selected $100k/$300k full coverage with a $500 deductible for both comprehensive and collision, and $50k property damage liability coverage as a recommended motorcycle insurance coverage in Michigan. The quotes we received from the carriers ranged from $800 to $1,100 per year. This shows that browsing multiple carriers can help you save a lot of money right from the start.
Besides that, there are many ways to keep your motorcycle insurance premiums down. Not all companies offer discounts, but it’s good to know them and have options.
Motorcycle Training Courses - One of the best tips to keep your costs down and be eligible for discounts is to attend a training course. It is also useful for drivers under the age of 25 and for drivers with a violation or accident on their record.
Auto + Motorcycle bundle - If you have auto insurance from one carrier and want to get your motorcycle insurance from that same company, most will offer a discount.
Multi-bike discount - Some companies offer this discount if you have two or more motorcycles insured.
Member of a Motorcycle Organization or Association - Being part of a motorcycle association or a club can get you a discount on your motorcycle policy.
Driving Experience and Driving History - If you have over 15 or 20 years of experience riding a motorcycle that can also get you a mature/experienced rider discount.
Garaging and Use – Garaging the motorcycle in a locked garage lower the premium. If it is used daily, the costs would be higher. The more you use it, the higher the risk for an accident, and contrary - weekend and seasonal riders have a lower premium cost.
Progressive is the second-best choice, based on the affordable motorcycle insurance rates in Michigan and their generous base coverage options. They also have a big menu for discounts. Their average annual rate is around $800, which is around 20% cheaper than the typical price range. This makes them the cheapest provider in Michigan. The basic coverage includes replacement cost and $3,000 for custom part protection, for which most companies charge extra. They also offer a disappearing deductible option — for every year you go without an accident, your motorcycle deductible amount will decrease by 25%.
Price and best base policy with extra coverages included.
Offers bundle discounts.
Not a lot of add-ons coverage options.
A typical rate for motorcycle insurance at Markel is $930, or around $70 less per year than the statewide average, which puts them among the best motorcycle insurance companies. They offer a wide range of coverage options and a few extras that aren’t commonly available at other insurers, including coverage for a motorcycle trailer, breakdown coverage, and rental reimbursement. As Markel is a specialty insurance company, they provide coverage for vehicles and homes that might not be eligible for insurance from a typical provider, including boats, ATVs, and motor homes. However, they don’t provide coverage for traditional passenger cars or homes. This prevents you from taking advantage of a bundle discount, which is a common benefit at most insurance companies.
Good range of additional coverage options.
Do not offer bundling options.
Few discounts options.
People that value great customer service above all else should look into Auto-Owners. They offer the best out of any company we sampled, but that may affect its affordability. The company has the lowest complaint index from NAIC – only 0.10, meaning they’ve only received about 10% as many complaints as a typical company of its size. According to J.D. Power, Auto-Owners ranks among the best insurance companies in Michigan. On top of that, they offer a wide range of discounts, including savings for having multiple policies, paid in full, and having safety features on your motorcycle.
Top-rated customer service.
Wide offer of coverage options and discounts.
No online quotes.
USAA serves active duty, guard and reserve, veterans, cadets, and midshipmen, and their families. Once we factor in price, availability, and offering and all the applicable ratings, USAA is an excellent destination for your motorcycle insurance.
Offers prices that other carriers can’t compete with.
Solely focused on military personnel and their families.
Allstate offers the cheapest motorcycle insurance in Michigan and is the best overall option. Their offer of coverage and discounts strengthen its rating. Coverage features include personal injury protection, roadside assistance, rental reimbursement, and OEM (Original Manufacturer parts replacement). Discount extras include policy transfer, riding group, claims-free, and rider experience offers.
Best price on the market
The table above gives a clear picture of the average cost of motorcycle insurance in Michigan. Except for Detroit, the rest of the bigger cities have rates close to the state average amount for a year around the policy. However, compared to the national average of $702, Michigan has a 30% higher cost for Motorcycle Insurance.
The rush of adrenaline, excitement, mixed with pleasure is what makes owning a motorcycle a complete thrill. Your research to find the right motorcycle model to fit your needs, lifestyle, and budget. Putting in equal time and effort in finding the right motorcycle insurance to protect yourself and others is equally important. In a way, choosing the right motorcycle insurance policy is much like choosing the right motorcycle.
If you are over 16 years old and have a driver’s license, you can apply for a motorcycle license endorsement. After paying a nominal fee of $16 at the DMV, you will need to pass a state-approved training class, pass a hearing and vision screening test, and the riding test, after which you can get a motorcycle license.
As of 2012, only motorcyclists 21 years of age or older may ride without a helmet, but you must have Medical benefits coverage purchased to do that.
The range is anywhere from $100 to about $1,000. In Michigan, the average cost of motorcycle insurance is closer to the top end of that range, around $950.
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