The Cheapest Motorcycle Insurance in North Carolina

The cheapest motorcycle insurance in North Carolina may just come with liability-only coverage and might not always be the best choice for the rider. Liability-only insurance does not protect your motorcycle or your injuries if you are at fault for the accident. Since it only covers injuries and damage to property or other people, a liability-only motorcycle insurance policy may be far less expensive to insure. For most motorcycle riders, a policy that includes comprehensive and collision coverage is a safer and better option because it provides more protection and higher liability limits.

MoneyGeek compared rates based on the profile of a low-risk rider in North Carolina with a clean driving record and a 50/100/25 liability-only policy.

Cheapest Liability-Only Motorcycle Insurance Quotes in North Carolina

Amongst the motorcycle insurance companies in North Carolina offering liability-only coverage, the following companies were found to have the lowest average rates:

  • Nationwide: $82 per year
  • GEICO: $82 per year

In comparison, Progressive offers the most expensive motorcycle insurance carrier in the state at an average of $90. The cheapest options are 9.4% cheaper than the average rate from Progressive.

Company
Annual Premium

1.

Nationwide

$82

2.

GEICO

$82

3.

Dairyland

$83

4.

Harley-Davidson

$83

5.

Markel

$89

6.

Progressive

$90

Cheapest Full Coverage Motorcycle Insurance Quotes in North Carolina

If you want more protection, it's best to go for a full coverage policy. It includes comprehensive and collision coverage, which covers damages caused by collisions, regardless of whether the collision is with a vehicle or structure. This coverage also is a protection against damages caused by vandalism, theft, weather events or fire. Additionally, if you're making payments on your motorcycle, it's best to go for a full coverage policy rather than a liability-only policy with limited coverage.

MoneyGeek ranked the following two companies as the cheapest after reviewing the profile of a good rider with 50/100/25 coverage and a $500 deductible for a full coverage policy:

  • Harley-Davidson: $179 per year
  • GEICO: $208 per year

Nationwide, the most expensive provider for a full coverage policy, quoted an average annual cost of $1,043. Harley-Davidson is 82.8% cheaper than Nationwide.

Company
Annual Premium

1.

Harley-Davidson

$179

2.

GEICO

$208

3.

Progressive

$248

4.

Markel

$278

5.

Dairyland

$303

6.

Nationwide

$1,043

What Is the Average Motorcycle Insurance Cost in North Carolina?

The motorcycle insurance rates in North Carolina are determined by several factors, including coverage types, motorcycle model, riding record, age and years of riding experience. MoneyGeek assessed various insurance companies to deduce the average cost of motorcycle insurance in North Carolina.

A full-coverage policy in North Carolina will cost you an average of $377 per year or about $31 a month. This shows that the cost is $13 or 3% higher than the national annual average of $364.

If you choose a liability-only motorcycle insurance policy, your premiums will be lower at around $85 per year or around $7 a month. This rate is $56 less than the national annual average of $141 for liability-only insurance. However, a liability-only policy doesn’t cover your motorcycle or bodily injuries sustained in the crash.

Prices for North Carolina were calculated using a motorcycle insurance policy with bodily injury liability coverage of $50,000/$100,000 and property damage coverage of $25,000. We also considered a full coverage policy with uninsured motorist and underinsured motorist minimum coverage and a $500 deductible.

Type
Cost
National Average
Delta vs National Average

Full Coverage

377

364

13

Liability

85

141

-56

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The Best Motorcycle Insurance Companies in North Carolina

MoneyGeek ranked multiple insurance companies in North Carolina to find the best motorcycle insurers that offer a balance of affordability and quality service. MoneyGeek's unique scoring system rated the companies based on quotes unique to North Carolina, product offerings and choices, customer service, affordability and financial stability. Harley-Davidson was named the best motorcycle insurance provider in North Carolina.


1
Dairyland
Score:91

4.5/5

Affordability

4.7/5

User Satisfaction

4.5/5

Financial Stability

Geek Quick Take
Geek Quick Take

Pros

  • Offers a mobile app
  • Impressive coverage options
  • 24/7 claims support

Cons

  • No insurance bundling available
  • Cannot file a claim online
  • Rates are higher for full coverage policies
More About Dairyland

Dairyland is the second-best company in North Carolina, with a score of 93.75. If you want to purchase liability-only motorcycle insurance coverage, it costs an average of $83 per year. A full-coverage policy through Dairyland costs an average of $303 per year.

Dairyland is unique for covering all motorcycle types, including dirt bikes, regardless of their model and manufacturer. The company discounts prices when you insure multiple motorcycles with them. The loyalty discount they offer is a relief for customers who have been with Dairyland for more than a year and want to upgrade their bikes. Plus, if you have passed a motorcycle safety course with the Motorcycle Safety Foundation in the past five years, you will be eligible for a rider course discount.

2
Harley-Davidson
Score:87

4/5

Affordability

5/5

User Satisfaction

4.5/5

Financial Stability

Geek Quick Take
Geek Quick Take

Pros

  • Special rewards for retired and active military and law enforcement employees
  • Offers multiple add-on coverages
  • Online payment option

Cons

  • Not available in all US states
  • Doesn’t offer a mobile app
  • Accident forgiveness coverage has eligibility requirements
More About Harley-Davidson

A score of 97.46 out of 100 points ranked Harley-Davidson as the best motorcycle insurance company in North Carolina. A liability-only policy from the company costs an average of $83 yearly, while a full-coverage policy costs $96 more at an annual average of $179.

Harley-Davidson offers its customers impressive discounts and unique coverages. For example, the company offers optional equipment coverage that protects equipment that was included as part of modifying your bike. This means that custom equipment and parts will be covered. In case you feel like renting a bike, its vacation rental insurance provides covers for a rental bike from a licensed dealer. The company also rewards new bike owners and experienced riders with special discounts. Additionally, being a member of the Harley Owner’s Group can also fetch you a special discount from the company.

3
GEICO
Score:84

How to Get a Motorcycle Insurance Quote in North Carolina

It’s easy to obtain a motorcycle insurance quote online in North Carolina. Most insurance companies provide quotes online after gathering all of the following information or more from you:

  • ZIP code and address in North Carolina where the bike will be located
  • Previous address if you moved in the past six months
  • Your date of birth
  • Vehicle make, model and manufacturing year
  • Your riding experience level
  • Your riding record
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How Much Motorcycle Insurance Coverage Do You Need in North Carolina?

Before purchasing an insurance policy, it’s important to know the minimum coverage requirements for your state. North Carolina's motorcycle insurance laws and requirements require all riders to possess an insurance policy that meets the following coverage at the minimum:

  • $30,000 per-person bodily injury liability
  • $60,000 per-accident bodily injury liability
  • $25,000 property damage liability
  • Uninsured motorist coverage
  • Underinsured motorist coverage

How Much Insurance Coverage Is Required in North Carolina?

All motorcycles in North Carolina must have a minimum liability-only allowance of 30/60/25. This means that your North Carolina motorcycle insurance policy will offer up to $60,000 in coverage for all those injured in an accident, with a $30,000 limit per person and $25,000 in property damage coverage. If you’re at fault for the accident, your insurance company will be ready to pay you these liability limits.

Do You Need Uninsured Motorist, Underinsured Motorist or PIP Coverage in North Carolina?

North Carolina requires uninsured motorist and underinsured motorist coverage for all motor vehicles besides bodily injury and property damage coverages. However, while not required, personal injury protection (PIP) can be added to your existing policy if you want to cover medical bills, loss of income and other expenses regardless of who's at fault for the accident.

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MONEYGEEK EXPERT TIP

For most riders in North Carolina, 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. North Carolina requires Uninsured Motorist Coverage and we recommend that this coverage should match your policy coverage mentioned above. North Carolina’s state law doesn’t require PIP coverage, but we recommend adding the coverage if you can afford it.

Frequently Asked Questions About Motorcycle Insurance in North Carolina

Several factors come into play while looking for a motorcycle insurance policy. Here we have answered some of your common questions, like which company offers the cheapest insurance in North Carolina and how much does motorcycle insurance cost in North Carolina.

Which company has the cheapest car insurance in North Carolina?
How much does motorcycle insurance cost for most riders in North Carolina?
Which company is the best motorcycle insurance provider in North Carolina?
Do you need motorcycle insurance in North Carolina?
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Methodology

MoneyGeek collected motorcycle insurance quotes directly from insurance providers based on varying coverage amounts and driver profiles to help our users determine which is the least expensive provider in North Carolina. The best motorcycle insurance companies in North Carolina were determined using three factors, including policy cost in North Carolina (60% weighting), product offerings and service (30% weighting) and financial stability metrics from AM Best (10% weighting). The most recent license laws and insurance coverage requirements in North Carolina were gathered from the state DMVs to ensure accurate and up-to-date information.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick 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 knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.


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