Progressive offers the cheapest motorcycle insurance in Indiana with median rates of $21 per month or $247 yearly, while Shelter Insurance, Dairyland, Geico and Harley Davidson also offer some of the most affordable rates in the state.
Cheapest Motorcycle Insurance in Indiana
Updated: April 29, 2025
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Key Takeaways
For most riders in Indiana, Progressive offers the cheapest motorcycle insurance with average annual rates of $128 for minimum coverage and $365 for full coverage.
Motorcycle insurance in Indiana costs an average of $10 per month for minimum liability coverage and $60 monthly for full coverage policies.
Saving on motorcycle insurance can be done by comparing providers, taking advantage of discounts you're eligible for and getting an official motorcycle license.
Cheapest Motorcycle Insurance Companies in Indiana
Cheapest Provider | Median Monthly Premium | Median Annual Premium |
|---|---|---|
Progressive | $21 | $247 |
Shelter Insurance | $21 | $255 |
Dairyland | $25 | $300 |
Geico | $33 | $391 |
Harley Davidson | $39 | $472 |
*Rates are a combined average of minimum and full coverage premiums for a 40-year-old rider driving a 2023 Honda CRF450RL with 5 years of riding experience and no driving violations.
Cheapest Motorcycle Insurance by Category in Indiana
Below, we've summarized the lowest cost motorcycle insurance providers in Indiana for the most common rider categories.
Cost Category | Cheapest Provider | Lowest Monthly Rate |
|---|---|---|
Minimum Liability Coverage | Shelter Insurance | $3 |
Full Coverage | Progressive | $30 |
Young Riders | Shelter Insurance | $5 |
Seniors | Progressive | $10 |
Riders with a Speeding Ticket | Shelter Insurance | $4 |
Riders with an At-Fault Accident | Shelter Insurance | $4 |
Riders with a DUI | Shelter Insurance | $4 |
*Minimum coverage and full coverage picks presented are for a 40-year-old rider with no driving violations who is insuring a 2023 Honda CRF450RL. Young riders are aged 16-25 and seniors are 65-80 for the base profile mentioned. The other cost profiles modify the base profile's driving history.
How Much Is Motorcycle Insurance in Indiana?
The average annual cost of motorcycle insurance in Indiana is around $125 for minimum coverage and $723 for full coverage. These costs make the state the 23th in affordability for minimum coverage and the 12th most expensive overall for full coverage motorcycle policies.
Coverage Category | Average Monthly Premium | Average Annual Premium | % Diff From National Average |
|---|---|---|---|
Minimum Liability Coverage | $10 | $125 | -19% |
Full Coverage | $60 | $723 | 27% |
*Rates are for a 40-year-old rider driving a 2023 Honda CRF450RL with 5 years of riding experience and no driving violations.
How To Save on Indiana Motorcycle Insurance
Below we'll detail key tips to help you save more on motorcycle insurance in Indiana.
Choose a Coverage Level Beforehand
Knowing what coverage you actually need can save you from being convinced you need a higher-level policy than necessary.
Compare Multiple Providers
In order to get the best pricing, comparing multiple providers apples to apples in terms of coverage can help you save up to 71% on motorcycle policies in Indiana. We recommend that you not only compare multiple companies, but also use multiple means
Take Advantage of Discounts
Many discounts are available to help you save including a pay-in-full, autopay, and military/membership reduction for most providers. Bundling motorcycle insurance with other policies is also another great way to save if you want to have coverage with your current provider.
Get a Full Motorcycle License
Getting a full motorcycle license instead of just an endorsement can save you a large sum on insurance for your bike. It works as a signal to insurers that you are less risky than other drivers, lowing premiums overall.
Cheap Motorcycle Insurance Indiana: Bottom Line
Our top three picks for affordable motorcycle insurance in Indiana are Progressive, Shelter Insurance and Dairyland. While these are our recommendations, we urge you to compare options for yourself to get the best deal possible.
Indiana Motorcycle Insurance: FAQ
Below we've answered some frequently asked questions about Indiana motorcycle insurance:
Which company has the cheapest car insurance in Indiana?
For basic liability-only policies in Indiana, Shelter Insurance offers the cheapest option while full coverage is most affordable with Progressive.
How much does motorcycle insurance cost for most riders in Indiana?
The average cost of motorcycle insurance in Indiana is $723 per year or $60 monthly for full coverage policies and $125 annually or $10 monthly for liability-only policies.
Do you need motorcycle insurance in Indiana?
Yes, Indiana requires that all riders have motorcycle insurance with at least 25/50/25 in liability coverage.
How We Chose The Cheapest Motorcycle Insurance in Indiana
We chose our cheapest providers based on the following profile for motorcycle riders:
- 40 years old
- Drives a 2023 Honda CRF450RL
- Has a valid motorcycle endorsement
- Clean driving record
For minimum coverage we used state minimum requirements and for full coverage policies, we used a 100/300/50 liability split and a $1,000 deductible for collision and comprehensive insurance.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.