The Cheapest Motorcycle Insurance in Ohio

In most cases, the cheapest motorcycle insurance in Ohio only provides state-mandated liability-only coverage and may not be the best option for all riders. Ohio's minimum coverage policy may only include liability coverage, which does not cover your motorcycle or any injuries caused to you if you were at fault for the accident. A liability-only policy costs less because it only includes injuries and damage to property or other people involved in the accident. It may be better to opt for comprehensive and collision coverage, which provides more protection and greater coverage.

To compare the rates for this study, MoneyGeek used the profile of a low-risk rider with a clean driving record and a 50/100/25 liability-only policy.

Cheapest Liability-Only Motorcycle Insurance Quotes in Ohio

The following motorcycle insurance companies in Ohio were found to offer the lowest average rates on average for liability-only coverage for a rider with a good riding record:

  • Markel: $70 per year
  • Progressive: $75 per year

Nationwide, on the other hand, offers the state's most expensive liability-only motorcycle insurance policy. The average rate for a similar policy at Nationwide is $220, which is 68.2% higher than the rate quoted by Markel.

Company
Annual Premium

1.

Markel

$70

2.

Progressive

$75

3.

GEICO

$99

4.

Dairyland

$110

5.

Harley-Davidson

$117

6.

Nationwide

$220

Cheapest Full Coverage Motorcycle Insurance Quotes in Ohio

A full coverage policy, which includes comprehensive and collision coverage, offers better protection for most riders. The policy covers costs incurred by collision-related damages, regardless of whether the collision occurs with a vehicle or a structure. This insurance also covers vandalism, theft, natural disasters and fire.

If you're still paying for your motorcycle, a full coverage policy is preferable to a liability-only policy, which only offers limited coverage. MoneyGeek ranked the following two companies in Ohio 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:

  • GEICO: $141 per year
  • Dairyland: $174 per year

Nationwide, the most expensive for a full coverage policy quoted an average annual cost of $699, which is 79.8% higher than GEICO's quote.

Company
Annual Premium

1.

GEICO

$141

2.

Dairyland

$174

3.

Harley-Davidson

$214

4.

Progressive

$254

5.

Markel

$407

6.

Nationwide

$699

What Is the Average Motorcycle Insurance Cost in Ohio?

Motorcycle insurance rates in Ohio are affected by several factors, including coverage rates, motorcycle type, riding record, age and years of riding experience. MoneyGeek compared motorcycle insurance rates from various insurance providers to calculate the average cost of motorcycle insurance in Ohio for full coverage and liability-only plans.

A full-coverage policy in Ohio will cost you an average of $315 per year or around $26 a month. This means the price is 13.46% lower than the national annual average of $364.

A liability-only motorcycle insurance policy in Ohio will cost about $115 per year or $10 per month. This rate is $26 less than the national annual average for liability-only insurance, which is $141. However, keep in mind that a liability-only policy will not cover damages caused to your motorcycle or any bodily injuries sustained in an accident.

Prices for Ohio were determined using a motorcycle insurance policy with bodily injury liability coverage of $50,000/$100,000 and property damage coverage of $25,000.

Type
Cost
National Average
Delta vs National Average

Full Coverage

315

364

-49

Liability

115

141

-26

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The Best Motorcycle Insurance Companies in Ohio

MoneyGeek studied motorcycle insurance companies in Ohio to find the best insurers with affordable rates and high-quality service. MoneyGeek's unique scoring system rated the companies based on motorcycle insurance quotes for Ohio, product offerings and choices, customer service, affordability and financial stability. With a score of 94.18 out of a possible 100, Progressive was rated the best motorcycle insurer in Ohio.


1
Progressive
Score:97

5/5

Affordability

4.7/5

User Satisfaction

4.5/5

Financial Stability

Geek Quick Take
Geek Quick Take

Pros

  • Strong affordability rating by MoneyGeek
  • Offers a mobile app
  • Discounted deductible for every claim-free year

Cons

  • Below-average rating as per recent J.D. Power Auto Claim Satisfaction Study
  • Discounts are not the same for all states
  • Restrictions are applicable in some policies
More About Progressive

With strong scores across multiple categories and a MoneyGeek score of 94.18 out of 100 points, Progressive was rated the best insurer in Ohio. While a full coverage policy from the insurer costs an average of $254 per year, a liability-only policy costs around $75 per year.

Progressive has a number of excellent coverage options that can be added to your motorcycle insurance policy. Progressive motorcycle insurance plans automatically cover custom and original equipment manufacturer (OEM) parts, depending on what your bike has in it. The company also provides a full replacement cost for your bike that does not take into account the depreciation value of the parts. That is, they will help you restore your bike to its pre-accident condition or better. Progressive will not raise the prices if you have been a customer for at least four years and have been accident-free for at least three years.

2
Dairyland
Score:91

4.5/5

Affordability

4.7/5

User Satisfaction

4.5/5

Financial Stability

Geek Quick Take
Geek Quick Take

Pros

  • Covers dirt bikes and mopeds
  • Offers a mobile app
  • 24/7 claims support

Cons

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

Dairyland was rated the third-best motorcycle insurance provider in Ohio after it scored 93.13 points out of a total of 100. The company’s liability-only motorcycle insurance policy costs an average of $110 per year in Ohio. A full-coverage policy, on the other hand, costs an average of $174 per year.

Dairyland, unlike most other insurance providers, covers all motorcycle models, including dirt bikes, regardless of the bike's model or manufacturer. When you insure several motorcycles with Dairyland, the company will discount your rates. Dairyland also makes you eligible for a multi-policy discount if you own the home where your bike is parked. Dairyland's trip interruption motorcycle coverage will come in handy for those planning a trip longer than 100 miles. If the bike breaks down or is involved in an accident, the company will cover the costs of food, accommodation, towing and so on. Customers who have been with Dairyland for more than a year and want to upgrade their bike can benefit from its loyalty discount.

3
Harley-Davidson
Score:87

How to Get a Motorcycle Insurance Quote in Ohio

You can obtain a motorcycle insurance quote online in Ohio by simply providing the following details or more:

  • Zip code and address in Ohio 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 record
  • Your riding experience level
Compare Motorcycle Insurance Rates

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

How Much Motorcycle Insurance Coverage Do You Need in Ohio?

All bikers in Ohio are required by law to insure their motorcycles with at least liability-only coverage. The following are the state's minimum coverage requirements in Ohio:

  • $25,000 per-person bodily injury liability (BI)
  • $50,000 per-accident bodily injury liability
  • $25,000 property damage liability (PD)

How Much Insurance Coverage Is Required in Ohio?

In Ohio, all motorcycles must have a minimum liability-only coverage of 25/50/25. This means that the motorcycle insurance policy will provide up to $50,000 in coverage for all parties involved in an accident, with a $25,000 limit for one person and a $25,000 limit for property damage. Your insurance company will cover these claims if you were the cause of the accident.

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

Riders in Ohio are not required to have uninsured motorist, underinsured motorist, or personal injury protection (PIP) coverage as part of their motorcycle insurance. They only need bodily injury liability and property damage coverage. But for further protection, you can include one or more of these coverages to your existing policy as add-ons.

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MONEYGEEK EXPERT TIP

In Ohio, the increase in cost for better coverage is significantly small. MoneyGeek suggests that most riders consider a full coverage policy of 50/100/25 coverage at least and preferably a 100/300/100 coverage. Ohio's state law doesn't require Uninsured Motorist Coverage (UM) and Personal injury coverage (PIP). But we recommend that you add sufficient UM coverage to match your insurance policy’s coverage and minimum PIP coverage, as per your affordability.

Frequently Asked Questions About Motorcycle Insurance in Ohio

Several factors come into play while looking for motorcycle insurance in Ohio. We've answered some of your commonly asked questions, such as which company offers the cheapest insurance and how much does motorcycle insurance cost in Ohio.

Which company has the cheapest car insurance in Ohio?
How much does motorcycle insurance cost for most riders in Ohio?
Which company is the best motorcycle insurance provider in Ohio?
Do you need motorcycle insurance in Ohio?
Compare Motorcycle Insurance Rates

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

Methodology

MoneyGeek collected insurance quotes for motorcycles directly from insurers based on different levels of coverage and driver profiles. This will help you find out which insurer is the cheapest in Ohio. The best motorcycle insurance companies in Ohio have been assessed using three criteria, including the cost of the policy in Ohio (60% weighting), products and service offerings (30% weighting), and financial stability metrics from AM Best (10% weighting). To provide you with the most accurate and up-to-date information, MoneyGeek used the most recent license laws and insurance policy requirements from State DMVs.

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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