Passengers looking for the cheapest motorcycle insurance in Texas can look to liability-only policies. These policies meet the Texas motorcycle insurance laws and minimum requirements, but don’t go above and beyond. This is why drivers should choose not to make their decisions solely based on the lowest motorcycle insurance rates in Texas. instead, it’s better to get full coverage, which includes comprehensive and collision coverage.
In the analysis below, Moneygeek examined a good Texas rider with 50/100/25 liability only coverage.
Companies that offer the cheapest motorcycle insurance in Texas with liability coverage rates only include the following:
- progressive: $79 per year
- brand: $89 per year
- dairy: $205 per year
- harley-davidson: $292 per year
- insurance coverage elections (see below for more information)
- personal information about the driver: age, driving history, insurance history, etc.
- zip code and address in texas where bicyclist and bicycle are located
- information about the year, make and model of the motorcycle
- additional background information on current assets
- $30,000 bodily injury liability per person (bi)
- $60,000 bodily injury liability per accident
- $25,000 in property damage liability (pd)
- personal injury protection (pip)
progressive rates are 86.59% lower than the most expensive option in texas, which is nationwide. nationwide it offers its liability-only policies at a hefty price of $589 per year.
average annual premium for liability coverage
A full coverage policy is the best insurance option for passengers in texas because it offers comprehensive and collision coverage. Comprehensive insurance helps protect a rider’s bike if it’s damaged outside of an accident, while collision coverage pays for damage to the motorcycle if you’re at fault in an accident.
Riders who are still in the process of paying for their bike should have full coverage insurance instead of just liability.
In this analysis, MoneyGeek used a sample profile of a good passenger in Texas with 50/100/25 coverage and a $500 deductible for comprehensive and collision coverage.
The companies that offer the cheapest full coverage motorcycle insurance in Texas are:
In texas, the most expensive comprehensive coverage policies are offered nationwide, costing about $1,125 per year. dairyland is 81.78% cheaper than the entire country, which shows how important it is to look at multiple texas motorcycle insurance quotes before making a final decision.
average annual premium for all risks and collision
Texas motorcycle insurance quotes can vary based on a number of factors, as is the case with quotes across the country. Some factors that will influence the price of your quote include coverage amounts, driver’s personal information and driving experience, year, make and model of motorcycle.
For full coverage policies, the average cost of motorcycle insurance in Texas is $472 per year or about $40 per month. this is 30.03% more than the national average of $363.
For liability-only policies, Texans pay an average of $184 per year or about $15 per month – $43 or 30.5% more than the national state average of $141. this can be cheaper than full coverage policies, but remember that it does not protect cyclists or their bikes in the event of an accident.
Policy coverage used to determine the texas averages was $50,000/$100,000 bodily injury coverage with $25,000 property damage, a $500 deductible for full coverage policies, and a minimum coverage of pip and motorist without insurance, if necessary.
car insurance costs by type of coverage
To find companies that offer the best motorcycle insurance in Texas, we consider three main attributes: the company’s product offering and selection, its service, and its financial stability.
Based on these attributes, moneygeek found that harley-davidson offers the best motorcycle insurance in texas.
Prior to searching for Texas motorcycle insurance quotes, riders should prepare the following information:
Minimum requirements for motorcycle insurance may vary by state. Texas motorcycle insurance laws and requirements state that passengers must have at least the following coverages:
In Texas, motorcycle insurance laws and requirements require drivers to carry at least 30/60/25 liability coverage. this means there is coverage up to $60,000 for all people in an accident and a limit of up to $30,000 per person. There must also be at least $25,000 in property damage liability. this is the minimum amount that an insurer will cover third parties in case you have an accident.
By default, Texas motorcycle insurance includes Personal Injury Protection (PIP) coverage, unless the policyholder specifically states that they want it removed. Uninsured motorist (um) and underinsured motorist (uim) coverage is not required.
Motorcycle insurance rates can be difficult to understand, especially for drivers learning about it for the first time. We answered some frequently asked questions to help you make the best decision.
