Nationwide
Nationwide is the top choice for the best motorcycle insurer due to its high coverage maximums and the ability to include up to 12 specialty motorcycles on a single policy. Nationwide provides free annual insurance reviews in addition to some of the highest coverage limits. Only it and Progressive provide bodily injury liability and uninsured/underinsured motorist coverage of $500,000 per person, per mishap.
With Nationwide's collision and comprehensive plans, there is a vanishing or diminishing deductible feature that allows your deductible to decrease by $100 for every year you go without making a claim, up to a maximum of $500. Unlike other insurers, Nationwide allows you to insure up to 12 vehicles under one insurance for a maximum coverage amount of $30,000 for custom parts and $50,000 per bike, plus trailer coverage.
Reviews of Nationwide's customer care, however, are conflicting. According to the National Association of Insurance Commissioners (NAIC), the business receives fewer complaints from customers than other businesses of a similar scale. However, Nationwide received a below-average rating from J.D. Power in its annual claims satisfaction poll, which means it might take longer for riders to resume driving after an accident.
Pros
- Up to $50,000 in coverage per bike for vintage or custom bikes/trikes (up to 12)
- Vanishing deductible included collision and comprehensive coverage
- Coverage for original parts for many manufacturers
- Motorcycle apparel coverage included with vintage motorcycle package
Highlights
- J.D. Power Customer Satisfaction Score: 831/1000 (Below average)
- A.M. Best Financial Strength Rating: A+ (Superior)
Website: https://www.nationwide.com
