UltraCar Insurance offers competitive motorcycle insurance quotes from top insurance companies. Our policies include these coverage options:
- Bodily injury
- Medical payments
- Passenger liability
- Uninsured/under-insured motorist
- Agreed value settlement
- Roadside assistance
You invest time and money to make your bike reflect your taste. That’s why we offer customized motorcycle insurance to protect your bike and accessories. Our licensed agents will find the best rate and policy for your needs.
Notes about motorcycle insurance coverage
All states require motorcyclists to have property damage and bodily injury liability coverage. UltraCar Insurance includes this coverage in any policy you buy from us.
Property damage liability coverage pays for repairing or replacing another driver’s property, including vehicles, homes, and other structures. Bodily injury liability coverage pays medical costs of other people involved in an accident. Some states include bodily injury to a passenger under passenger liability coverage. In other states, you can purchase bodily injury liability coverage that applies to passengers for an additional premium.
How to save money on your motorcycle insurance premiums
Keep your driving record free of accidents, tickets, and other violations
Many insurance companies offer renewal discounts to those with no claims posted to their driving record during their previous term.
Get experience operating a motorcycle
Insurance companies look at your driving record and calculate risk based on your background and knowledge of operating motorcycles. Premiums are generally lower for those with more riding experience.
Take training and certification classes
You can reduce your insurance rate by passing a certified motorcycle safety course every three years. Presenting the certificates to your insurance provider can lower your rate by 10% to 15%. This little-used way to save on motorcycle insurance can positively impact your rates.
Buy less bike
Expensive, high-end sport bikes with bigger engines cost more to insure than cruisers with smaller engines. And a used bike cost less to insure than a new one.
Purchase only the coverage you need
Every state requires a minimum amount of liability insurance coverage. Also, if you’ve financed your bike, your lender probably has specific coverage requirements. Other than these requirements, you can select the type and amount of insurance coverage you need. For new bikes, carry enough to cover bike replacement and medical payments. Remember that used bikes depreciate quickly. Determine the value of your motorcycle by using the NADA guide to compare its value to the cost of comprehensive and collision coverage. To lower your premium as the motorcycle ages, consider dropping comprehensive, collision, and specialized coverage like accessory insurance and total loss coverage. You might consider dropping coverage for medical payments on your policy if you have health care insurance.
Opt for a higher deductible
Perhaps you’re willing to assume more risk by paying a larger share of any loss. If so, insurance companies reward you with a lower monthly premium, especially if you own an exotic sports bike.
Bundle your insurance
Combining your motorcycle, homeowners, and auto insurance with one insurer can result in significant savings on each of those premiums.
FR44 Motorcycle Insurance
If you own a motorcycle in Florida or Virginia and need high-risk insurance after a DUI, talk with us about:
It takes only a few minutes to get a quick low-cost quote for standard or SR22 motorcycle insurance. Talk with one of our agents to determine how much you can save! Contact UltraCar Insurance agent for additional information.
Motorcycle Insurance FAQ
Motorcycle insurance refers to liability-only or full coverage insurance that financially protects motorcyclists and their bikes. Minimum liability insurance covers liability for property damage and bodily injury to others caused by the policyholder when operating their motorbike. UltraCar Insurance offers standard motorcycle insurance policies with many coverage options.
In addition, you can attach a high-risk SR-22 certificate to your motorcycle policy to reinstate your driver’s license. In Virginia, we can add an FR-44 insurance certificate to your motorcycle policy to reinstate your license after a DUI.
Motorcycle insurance extends to the ride, the bike, and others on the road. All motorcycle insurance policies cover property damage and bodily injury liability. In addition, motorcyclists can select other options that allow them to customize their coverage.
UltraCar Insurance offers the following motorcycle coverage options:
- Bodily Injury
- Medical Payments
- Passenger Liability
- Uninsured or underinsured motorist coverage
- Agreed value settlement
- Roadside assistance
And remember – if you have a suspended license, most states allow you to endorse an SR-22 certificate (or FR-44 certificate in Virginia) to a motorcycle policy for license reinstatement.
UltraCar Insurance covers many types of motorcycles, including:
- Cruisers: We cover cruisers that feature V-twin and full-view engines.
- Sport bikes: We insure high-performance, high-speed motorcycles called street bikes.
- Touring bikes: Our coverage extends to motorbikes made for long-distance traveling. Coverage for touring bikes differs from sport bikes.
- Customized motorcycles: If you own a customized motorcycle built for you by a manufacturer, a shop, or yourself, we can insure it for you.
- Mopeds: Mopeds are lightweight motorcycles featuring small engines, and are very affordable to insure
If you require an SR22 insurance filing for license reinstatement, we can attach the certificate to your motorcycle policy. And in Virginia, an FR44 certificate can be endorsed to your policy. It’s a cost-effective way to comply with your state’s liability insurance requirement.
Motorcycle insurance premiums substantially increase if you have a poor driving record due to multiple traffic violations or DUI convictions. You can keep your insurance payments low by avoiding accidents, traffic tickets, and driving under the influence.
Other ways to lower your insurance premiums include:
- Taking certification classes or training programs
- Buying a less expensive bike
- Improving your credit score
Purchasing only the minimum liability insurance coverage or opting for a higher deductible can also help reduce your motorcycle insurance costs.
You’ll need SR-22 insurance for license reinstatement following a suspension for any reason. The cost of SR-22 motorcycle insurance depends on various factors, including:
- The state requiring the SR22 filing
- Motorcycle age and type
- The motorcycle coverage options you choose
- Circumstances of your license suspension
- Your driving history
- Your age
- Gender and marital status
- Credit history
These are the same variables that insurance companies use when determining standard insurance rates. Usually, the cost of SR22 motorcycle insurance is somewhat higher than a standard motorcycle policy, but cheaper than SR22 auto insurance rates.
In Virginia and Florida, alcohol and drug-related traffic violations require an FR-44 certificate filing to reinstate a driver’s license. People who own a motorcycles can attach an FR-44 certificate to their motorcycle policy in Virginia but not in Florida. High-risk FR-44 motorcycle insurance costs significantly more than standard or SR-22 insurance.
FR-44 motorcycle insurance costs generally depend on these factors:
- Whether you live in a rural or urban area
- Your age
- Driving history
- Circumstances of your DUI or DWI conviction
- The type of motorcycle
- The motorcycle’s engine size
This article was last updated on March 30th, 2023 by UltraCar Insurance