The best price for motorcycle insurance in illinois is found nationwide, averaging $457 per year. that’s 38% less than the state average.
We gathered over 300 quotes from addresses throughout Illinois to identify which motorcycle insurers offer the best combination of value and quality. use the quote tool above or continue reading to see our insurance company comparisons.
cheapest motorcycle insurance companies in illinois
Best Motorcycle Insurance for Most People: Nationwide
nationwide has the best prices for motorcycle insurance in illinois at just $457 per year. That’s 38% less than average and $160 less than the second cheapest option, Geico.
nationwide has good, but not great, customer service. its naic complaint ratio is 0.88, meaning it has received 88% as many complaints as a typical insurer relative to its size.
Countrywide coverage options were also satisfactory, though not the best overall. they include extras like roadside assistance and coverage for custom equipment, but lack others like rental reimbursement.
best coverage options: progressive
For most cyclists looking for coverage that goes beyond the basics, we recommend Progressive. has the best overall selection of options in illinois, including replacement cost coverage for new bikes, trip interruption, and protection for custom parts and accessories. (Motorcycle commuters may want to consider our other recommendation, Dairyland, below.)
Progressive’s typical rate for motorcycle insurance is $642 per year. That’s 13% less than the average rate in Illinois, but it’s still about $185 more a year than the entire country.
we were impressed with progressive’s customer service ratings: it has an impressively low complaint rate of 0.69, meaning it received just 69% of the complaints a typical insurer of its size would and suggests that customers tend to to be satisfied with the service they receive. .
best for motorcycle riders: dairyland
If you use your motorcycle as a commuter vehicle in Illinois, you may find some helpful coverage options in Dairyland. in particular, it offers rental reimbursement coverage, so you won’t be without a vehicle if your motorcycle is damaged in a crash.
also offers roadside assistance, as well as enhanced coverage for OEM (manufacturer-made) parts.
However, keep in mind that dairyland coverage was 11% more expensive than the average rate in illinois, at $819 per year. Plus, his customer service ratings are pretty low: He has a 2.69 Complaint Index, which means customers complained about his service nearly three times as often as a typical insurance customer.
how we chose the best motorcycle insurers in illinois
Our selection of insurance providers for illinois motorcycle policies was based on an evaluation of three main categories:
Each of these areas is an important element of effective insurance coverage. Policies should fit your budget while providing strong protection, both on paper and in the company’s ability to deliver on its written promises. In order to evaluate each motorcycle insurance provider in Illinois on an equal basis, we looked at several relevant metrics for affordability, coverage, and service.
affordability: finding cheap motorcycle insurance in illinois
The first and most important step in comparing motorcycle insurance options was collecting quotes that told us the relative cost of each provider’s coverage. For most people, cost is the main motivator for selecting an insurer. We believe that shopping around for the cheapest rate can be an effective strategy, as long as it’s done the right way.
however, cheapest does not necessarily mean best for your particular situation. . for example, national standard coverage costs less than any other major insurer in illinois. But adding in the cost of coverage for custom fairings, handlebars, seats, and other parts can result in an overall more expensive quote than you might find with an insurer that specializes in custom rides.
Your costs will also be affected by the make and model of your bike, as well as personal details like your age and level of riding experience. The quotes we provided are based on a 45 year old driver with 20 years of motorcycle experience, riding a 2021 Harley Davidson FLHX Street Glide. Our selected levels of coverage were:
Coverage Options: Comparing Motorcycle Insurance Policies and Benefits
The second step in determining the best motorcycle insurer in illinois was to consider each insurer’s policy options. While all of the insurance companies we reviewed provide at least the minimum legally required coverage for the state, not all of them include much more than that. For frequent riders and those who have invested more in their bikes, add-ons like OEM parts coverage and accessory coverage can be just as important as liability protection.
Recognizing that this type of additional coverage often drives premiums up, we focused on providers that could offer additional features at reasonable prices. We also looked for insurance policies in which the rider had the ability to adjust their coverages long after the policy began, a sign of flexibility that helps motorcycle owners balance cost and protection.
customer service: evaluating the quality of insurers in service and claims
Finally, we also had to consider whether an insurer would likely provide a seamless and useful experience for a passenger who ended up filing a claim. To do this, we looked at two key metrics: the naic complaint rate, which describes how many complaints an insurer receives, and the am best financial strength rating, which rates the financial health of an insurer.
NAIC Complaint Index: Each year, the National Association of Insurance Commissioners compiles statistics on the number of consumer complaints it receives about each auto insurance company in the country. Each company’s NAIC complaint rate is equal to its relative share of complaints divided by its market share. this means that an insurer with a complaint ratio below 1.0 is receiving fewer complaints than would be expected for a company of its size.
am best fsr: the financial strength rating maintained by a.m. best is a measure of an insurance company’s ability to survive the financial stress of paying its claims, especially in times of massive disaster or economic downturn. While most companies maintain a high fsr, we relied on it to ensure our recommendations steer clear of any insurer that presented a real risk of default on a claim.
motorcycle insurance in illinois: costs by city
Insuring a motorcycle can cost you different amounts depending on where you live. Local road conditions, traffic patterns, and accident statistics can influence the rates that insurers determine for coverage in a particular area.
chicago is the most expensive place to insure a motorcycle in illinois, with an average annual bill of nearly $1,245 for our selected coverage levels. This puts the cost of insurance in Chicago 68% above the state average of $739. Other cities with high premiums for motorcycle riders included Cicero and Berwyn, which came in at $1,176 and $1,028, respectively.
illinois motorcycle insurance requirements
in illinois, all motorcyclists must have liability coverage. this covers the cost of damage a bicyclist causes to other motorists or to his property. State-required minimum levels of coverage include the following:
Insurers will almost never sell you a policy that offers coverage below these minimums, so it’s unlikely you’ll break the law as long as you have some form of insurance. however, you cannot assume that the minimum coverage is sufficient to protect you financially. For one, the law is silent on collision and comprehensive coverage for your motorcycle. liability insurance alone will not cover the costs of arranging your trip.
how do you get a motorcycle license in illinois?
There are two types of license endorsements that apply to motorcycles in Illinois: Class L licenses for motorcycles with less than 150 cc displacement, and Class M licenses for any motorcycle or motorcycle. Given the difference, most riders will want to get a Class M license. requirements for a class m endorsement include:
If you are 16 or 17, you must take both the approved educational course and the ability test. If you do not currently have a regular Illinois driver’s license, you will also need to pass the basic written test and the vehicle test to earn that certification before earning your class m motorcycle endorsement.
Our search for the best motorcycle insurance in illinois began with 306 quotes collected for addresses across the state. All listings were for a 45 year old male driver and a 2021 Harley-Davidson FLHX Street Glide. The driver was also a married owner who had 20 years of motorcycle experience, all factors that can affect your own listing in different ways.