What Is the Average Motorcycle Insurance Cost in Arizona?
The average cost of motorcycle insurance in Arizona depends on various factors such as the rider’s profile, including their quotes from multiple providers, riding record, age, and years of riding experience, according to the MoneyGeek model.
The nationwide mean is 5% higher than this percentage, which amounts to $16 or approximately $32 per month, or roughly $380 per year in Arizona for a comprehensive insurance plan.
The average cost of a liability-only plan is approximately $9 per month or $103 per year. This price is $38 less than the national average. In the event of an at-fault accident, this package will take care of your medical and bike repair expenses.
MoneyGeek’s analysis is based on an average policy with a $500 deductible for property damage and a liability coverage of $100,000/$50,000 for bodily injury, with a $25,000 property damage insurance liability.
Car Insurance Costs by Coverage Type
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Average Annual Cost in Arizona.
Average 12-Month National Cost
Full Coverage.
$380
$364
$16
Liability Only.
$103
$141
-$38
Frequently Asked Questions About Motorcycle Insurance in Arizona
MoneyGeek offers answers to commonly asked questions about insurance companies and their rates to help you find the best motorcycle insurance in Arizona.
The Cheapest Motorcycle Insurance in Arizona
The MoneyGeek study used good premiums for a policy with a rider that has a liability coverage of 25/100/50. It is advisable to invest in comprehensive and collision coverage with full coverage to enhance your level of protection and liability limits. While liability coverage is cheap, it only offers minimal protection in the case of an at-fault accident.
Cheapest Liability-Only Motorcycle Insurance Quotes in Arizona
On average, the most affordable businesses for a great cyclist with liability-only motorbike insurance in Arizona are:.
The most cost-effective airline, Progressive, offers prices that are 40.4% less expensive than the priciest provider, Harley-Davidson.
Average Annual Premium for Liability Coverage
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Cheapest Full Coverage Motorcycle Insurance Quotes in Arizona
This plan will provide comprehensive protection for incidents such as vandalism or theft, non-collision incidents like fire, as well as accidents, making it advisable for policyholders to opt for full-coverage riders.
MoneyGeek’s data indicates that in Arizona, the cheapest motorcycle insurance providers for a good biker with an average deductible of $500 and full coverage including a 25/50/100 policy.
The most affordable company, Dairyland, offers rates that are 56.5% less expensive than the most expensive carrier, Nationwide.
Consumers settling the payments for their motorcycles will probably require a comprehensive coverage policy.
Average Annual Premium for Comprehensive and Collision
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How to Get a Motorcycle Insurance Quote in Arizona
Insurance providers provide a convenient online quotation calculator. You only need to input the subsequent details to obtain a precise rate:.
The Best Motorcycle Insurance Companies in Arizona
According to our methodology, Progressive is considered the top provider in Arizona based on this analysis. More information about the ratings can be found regarding the financial stability, services offered, and affordability of their products. MoneyGeek has ranked Arizona’s best motorcycle insurance companies using a unique rating system.
According to MoneyGeek’s ranking, the top three insurance companies for motorcycle coverage in Arizona are as follows:
Geek Rapid Overview.
Pros.
Cons.
Additional Information Regarding Progressive.
Progressive achieves the highest position in Arizona, scoring 96.41 out of 100. This provider charges an average of $76 per year for a liability-only policy. The mean yearly expense for full coverage amounts to $262.
Progressive offers a diverse range of coverages that distinguishes it from its competitors. In the event of a covered accident that prevents you from working, Progressive’s enhanced injury protection program will provide you with a weekly payment of up to $250 for two years. In case of the policyholder’s death, $25,000 will be given to the beneficiaries. Progressive’s disappearing deductible plan will reduce your deductible by 25% for each claim-free policy term. With the accident forgiveness feature for specific accidents, your rates will not increase for claims under $500. Progressive automatically covers Custom and Original Equipment Manufacturer OEM parts in its policies.
Geek Rapid Overview.
Pros.
Cons.
Additional Information About Dairyland.
With a score of 88.27 out of 100, Dairyland secures the second position in Arizona. The average annual rates for a liability-only policy amount to $113, while the average cost for full coverage is $246 per year.
Policyholders can receive discounts for owning multiple motorcycles and taking loyalty courses. Standard coverages include bodily injury and property damage liability, uninsured motorist bodily injury, and trip interruption. Dairyland offers motorcycle insurance policies that provide coverage for vintage bikes, custom accessories, trikes, and collisions. They also offer insurance policies for mopeds, scooters, and other types of bikes and brands.
Geek Rapid Overview.
Pros.
Cons.
Additional Information About Markel.
Markel secures third place in Arizona with a score of 82.84 out of 100. The average yearly expense for a liability-only policy stands at $81, whereas the average yearly cost for comprehensive coverage amounts to $513.
You can receive discounts from Markel, an insurer that offers a range of options for safe drivers, including rebates and coverage for rental costs. If you are unable to ride your bike for a day or longer due to a covered incident, Markel will pay for your rental reimbursement. By paying an extra $25 per year, you can also get roadside assistance and trip interruption coverage for your bike. Markel’s nationwide roadside assistance plan allows you to include all private passengers and non-commercial vehicles in your household.
How Much Motorcycle Insurance Coverage Do You Need in Arizona?
Arizona mandates that cyclists must possess at least the minimum liability-only insurance. The state’s requirements for minimum coverage encompass:
How Much Insurance Coverage Is Required in Arizona?
In Arizona, the minimum liability coverage requirement for all motor vehicles is 25/50/15. This means that your motorcycle insurance in Arizona should have liability limits of at least $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $15,000 for property damage liability coverage.
Do You Need Uninsured Motorist, Underinsured Motorist or PIP Coverage in Arizona?
In Arizona, PIP (Personal Injury Protection), underinsured motorist, and uninsured motorist coverages are not mandatory. Only bodily injury and property damage coverages are required. You have the option to choose these coverages for additional protection.
MoneyGeek’s Expert Tip.
Arizona cyclists can effortlessly upgrade to 100/300/100 by paying a small additional fee, a recommendation by MoneyGeek to opt for comprehensive insurance with a minimum of 50/100/25 coverage.
Methodology
We have gathered information from reputable government sources regarding laws, licensing requirements, and insurance coverage. Our goal is to provide you with accurate information to help you make the right choice for your insurance needs. We have rated the best insurance carriers in the state based on their financial stability (weighted at 10%) and the products and services they offer (weighted at 30%). Additionally, we have collected rates from various insurance providers throughout Arizona, based on different driver profiles and coverage amounts, to assist you in finding the most suitable policy (weighted at 60%). This information has been gathered by MoneyGeek.
Information regarding Mark Fitzpatrick.
Mark Fitzpatrick, a senior content director at MoneyGeek with over five years of experience, has been quoted in several publications, including Mashable and NBC News, on various insurance topics. He can create personalized content and conduct original research, analyzing the insurance market for every buyer.
Mark, who obtained a bachelor’s degree from Boston College and a master’s degree in International Relations and Economics from Johns Hopkins University, is enthusiastic about using his knowledge of insurance and economics to foster transparency and bring about confidence in financial matters. He strives to assist others and is passionate about topics related to money movement.