Motorcycle Insurance in Michigan: The Cheapest Quotes and Best Companies

Liability coverage typically covers the most basic insurance requirements mandated by the state. On average, GEICO and Markel are the cheapest options for liability coverage in Michigan. Although liability-only insurance costs less, its coverage is not comprehensive. If you want enhanced coverage or if you’re still making payments on your motorcycle, you should opt for a full coverage policy to stay safe on the roads. For this analysis, MoneyGeek estimated rates based on a Michigan rider with a good driving record with 50/100/25 liability-only coverage.

Based on average prices, the cheapest providers for a good biker with liability-only motorcycle insurance in Michigan are:

• GEICO: $162 per year
• Markel: $165 per year

The cheapest company, GEICO, has 26.4% lower rates than the costliest carrier, Harley-Davidson.

Average Annual Premium for Liability Coverage

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• Company
  Annual Premium
• 1.
  GEICO
  $162
• 2.
  Markel
  $165
• 3.
  Progressive
  $175
• 4.
  Dairyland
  $209
• 5.
  Harley-Davidson
  $220

MoneyGeek encourages motorcycle riders in Michigan to get a full coverage policy as it is comprehensive and can better protect their assets.

MoneyGeek found that the least expensive motorcycle insurance providers in Michigan on average for a good biker with a full coverage policy, including 50/100/25 coverage and a $500 deductible, are:

• Progressive: $376 per year
• GEICO: $379 per year

The cheapest carrier, Progressive, has rates that are 41.6% lower than the costliest company, Markel.

If you’re still making payments on your motorcycle, you’ll likely need full coverage insurance.

Average Annual Premium for Comprehensive and Collision

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• Company
  Annual Premium
• 1.
  Progressive
  $376
• 2.
  GEICO
  $379
• 3.
  Dairyland
  $386
• 4.
  Harley-Davidson
  $494
• 5.
  Markel
  $644

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Motorcycle insurance costs in Michigan depend on multiple factors, including coverage amounts, motorcycle model, age, riding record and years of riding experience. MoneyGeek collected motorcycle insurance quotes from several providers offering coverage in Michigan.

The average cost of motorcycle insurance in Michigan is $456 per year, or about $38 per month, for a full coverage policy. The cost of a full coverage motorcycle insurance policy in Michigan is $92 or 20% more than the national average of $364.

For a liability-only policy, Michigan riders typically pay around $186 annually, or about $16 per month. This is $45 more than the national average.

However, keep in mind that this type of insurance doesn’t cover your motorcycle or your injuries in an at-fault accident.

Policy coverages used to determine Michigan averages were $50,000/$100,000 in bodily injury liability with $25,000 property damage liability, a $500 deductible and $10,000 in personal injury protection (PIP).

Car Insurance Costs by Coverage Type

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• Policy Type
  Average 12-Month Cost in Michigan
  Average 12-Month National Cost
  Variance
• Full Coverage
  $456
  $364
  $92
• Liability Only
  $186
  $141
  $45

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MoneyGeek ranked the best motorcycle insurance providers in Michigan after evaluating multiple providers. Rankings were based on a system that uses pricing data in Michigan, product offerings, financial stability and service quality. More information about our calculations can be seen in our methodology. Based on this methodology, Progressive is the highest-scoring company in Michigan.

Expand All Rankings +

1

Progressive

Score:94

-

COMPARE QUOTES

by MoneyGeek

4.8/5

Affordability

4.7/5

User Satisfaction

4.5/5

Financial Stability

Geek Quick Take

Pros

• Affordable rates
• Customizable policies
• Range of discounts

Cons

• Discounts may not be available in every state
• Large Accident Forgiveness is only available to eligible customers
• Disappearing deductible is not available in all states

More About Progressive

Progressive ranks as the best motorcycle insurance provider in Michigan with a score of 94.32 as per MoneyGeek’s study. Progressive’s average prices for liability coverage are $175 per year, and its average annual rate for full coverage is $376.

Progressive is an ideal insurer if you have custom, custom or vintage bikes. Its add-on coverages include roadside assistance, trip interruption, total loss, accessories and custom parts, Carried Contents, enhanced injury protection and death benefit. This provider stands out for its OEM (original equipment manufacturer) parts coverage. This feature assures that any replaced bike part will be sourced from its original manufacturer.

You can easily get a quote online by providing information about yourself, your motorcycle and the coverage you need. Progressive's Loyalty Rewards program automatically enrolls you for discounts and accident forgiveness. Long-time customers quality for greater discounts.

2

GEICO

Score:90

-

COMPARE QUOTES

by MoneyGeek

5/5

Affordability

3.3/5

User Satisfaction

5/5

Financial Stability

Geek Quick Take

Pros

• Good customer service record
• Competitive prices and discounts
• Convenient payment plans and options

Cons

• Not all discounts offered in all states
• Few add-on features
• Local agents are scarce

More About GEICO

GEICO ranks second in Michigan with a score of 89.87. Its average rate for liability-only coverage is $162 per year, and for full coverage, its average annual price is $379.

GEICO’s coverage options include accessories and roadside and towing assistance. It insures most varieties of motorcycles, including some custom bikes, trikes, dirt bikes, scooters, Enduros, touring bikes, cruisers and sports bikes. Policies include accessories coverage, bodily injury liability coverage, collision coverage, comprehensive physical damage coverage, medical payments, no-fault or personal injury protection coverage, property damage liability coverage, towing and labor and uninsured/underinsured motorist coverage. Discount opportunities include loyalty, mature rider, multi-cycle and more.

3

Dairyland

Score:87

+

COMPARE QUOTES

by MoneyGeek

4.2/5

Affordability

4.7/5

User Satisfaction

4.5/5

Financial Stability

Geek Quick Take

Pros

• Offers an easy-to-use mobile app
• Reps to guide customers through the claims process
• Affordable prices

Cons

• Fewer discounts compared to competitors
• Coverage not currently offered in all states
• Online quote system can be unreliable

More About Dairyland

Dairyland ranks third in Michigan with a score of 86.92. Its average premium for liability coverage is $209 per year, and its average annual cost for full coverage is $386.

Dairyland offers several types of coverages, including bodily injury, comprehensive and collision coverage as well as optional/special equipment insurance coverage. Besides standard coverage, its add-ons include trip interruption benefit, towing, roadside assistance, replacement coverage for motorcycles up to three years old and rental reimbursement. This provider offers protection for a range of motorcycles, including from makers such as Indian, Honda and Harley-Davidson and for models such as sport, touring and cruiser bikes. Dairyland offers multiple discounts, including rebates for homeowners, riding club members and existing customers who renew their policy.

It’s easy to get an online motorcycle insurance quote in Michigan. You need to provide the following details:

• Your address and ZIP code
• Vehicle year, make and model
• Your birthdate
• Information about your riding record and experience level
• Insurance coverage elections

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It’s important to know the minimum motorcycle insurance requirements for your state. Motorcycle insurance is mandatory in Michigan. Here are Michigan’s minimum liability limits:

• $20,000 per-person bodily injury liability
• $40,000 property damage liability
• $10,000 personal injury protection (PIP)

In Michigan, liability coverage minimums include $20,000 in per-person bodily injury liability and $40,000 in property damage liability. The state also mandates at least $10,000 in personal injury protection (PIP).

In Michigan, personal injury protection (PIP) coverage is mandatory, but uninsured and underinsured motorist coverage are not.

MONEYGEEK EXPERT TIP

For most riders in Michigan, MoneyGeek recommends a full coverage policy of at least 50/100/25 and preferably 100/300/100 because of the small incremental cost for a large increase in coverage. Michigan requires PIP coverage, and we recommend the state minimum or more if you can afford it.

To help you find the best motorcycle insurance in Michigan, MoneyGeek answered frequently asked questions about providers, coverages and rates in the state.

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Ensure you're getting the best rate for your motorcycle insurance. Compare quotes from the top insurance companies.

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About Mark Fitzpatrick

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Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.

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