Nationwide motorcycle insurance covers all the bases, and it can be an affordable option for many people. Plus, you know you’re backed by an industry-leading provider with Nationwide. However, not everyone qualifies for a good rate. In this review, we’ll dig into the company’s coverage options and Nationwide motorcycle insurance costs so you can decide if it’s a good option for you.
To help riders find affordable rates, we’ve reviewed the best motorcycle insurance companies on the market. We’ll compare Nationwide to some other top providers here. If you’re looking for a good rate on motorcycle insurance, it’s smart to compare free quotes from multiple providers, which you can do by entering your zip code below.
In this article:
- Nationwide Company Overview
- Nationwide Motorcycle Insurance Coverage
- Nationwide Motorcycle Insurance Cost
- Nationwide Motorcycle Insurance Reviews
- Our Take On Nationwide Motorcycle Insurance: 4.0 Stars
- Our Recommendations For Motorcycle Insurance
Nationwide Company Overview
Nationwide Mutual Insurance Company has a history that goes back to 1926. Today, it offers a wide range of insurance products in every state except Alaska, Hawaii, Louisiana, and Massachusetts. Nationwide is currently the eighth-largest auto insurance company in the United States, according to the National Association of Insurance Commissioners (NAIC). It has an A+ financial strength rating from AM Best and an A+ rating from the Better Business Bureau (BBB) with accreditation.
Since it’s one of the largest insurance providers, you can save on your premium with a multi-policy discount, which means bundling your Nationwide motorcycle insurance with other types of coverage, like home and auto insurance.
|Nationwide Motorcycle Insurance Pros||Nationwide Motorcycle Insurance Cons|
Wide range of coverage options
Average customer service experience
A+ financial strength rating from AM Best
Good for low-risk riders with standard bikes
Nationwide Motorcycle Insurance Coverage
Nationwide motorcycle insurance coverage includes all of the standard options, plus some extra coverage choices for riders. Coverage can apply to standard bikes, sport bikes, scooters, dirt bikes, touring bikes, and more. Standard insurance coverage options include:
- Liability: Covers damages you cause to other people (including a guest passenger) and their property in an at-fault accident
- Collision: Covers damage to your bike after getting into an accident or hitting a stationary object no matter the fault, and also covers up to $2,000 of safety apparel
- Comprehensive: Covers most other kinds of damage to your bike, including environmental damage, vandalism, and theft, and also covers up to $3,000 of custom equipment coverage
- Uninsured/underinsured motorist: Covers your medical and repair bills when someone without enough insurance causes an accident
- Medical payments (MedPay): Covers your health costs and can supplement health insurance
Beyond this, there are a few Nationwide motorcycle insurance policies that can be useful for riders:
- Original parts replacement: This option requires Nationwide to pay for original equipment manufacturer (OEM) part replacements or reimburse you for the cost if a part is unavailable.
- Bike replacement: If your bike is under two years old, Nationwide will replace it with an equivalent model if it is totaled in an accident, regardless of depreciation.
- Roadside assistance: Plans include coverage for towing, fuel delivery, jump-starts, and spare tire replacement. You can also add coverage for trip interruption reimbursement.
- Custom equipment: Comprehensive coverage automatically includes up to $3,000 of custom equipment coverage, but you can increase that to $30,000. This insurance covers aftermarket parts and equipment.
Compared to other providers, this is a decent amount of coverage, standard and add-on. However, one thing some policyholders may miss out on is insurance for personal items like electronics and luggage that can be damaged in an accident.
Nationwide Motorcycle Insurance Cost
Nationwide riders can take advantage of a few different discounts, including:
- Motorcycle safety course
- Anti-lock brakes
- Riding association
- Theft-recovery device
Below are a few example quotes from Nationwide. Compared to other quotes we’ve received, Nationwide offers reasonably priced coverage for low-risk riders with standard bikes. Full coverage for a sport bike can be more expensive from Nationwide than from other providers, and high-risk riders can end up paying thousands more with Nationwide.
|Type of Rider||Type of Motorcycle||Coverage Level||Nationwide Motorcycle Insurance Annual Cost|
No accidents or tickets
in the past three years
At fault for an accident and speeding
in the past three years
How Much Should I Pay For Motorcycle Insurance?
How much is motorcycle insurance? Well, it depends. If you just want the bare minimum amount of liability coverage, you could pay between $75 to $200 per year for motorcycle insurance. However, once you add comprehensive and collision coverage, prices can increase tenfold.
This is partly because motorcycle riders are more likely to get into an accident and partly because the damage is likely to be expensive. A low-risk rider with a standard bike could pay $1,000 to $2,000 for full coverage, while a high-risk rider with a sport bike can pay $5,000 or more per year.
Low-risk riders are generally homeowners over 30 years old who have good credit and haven’t had any accidents or traffic tickets in the past three years. Your risk level rises if you are under 25 or if you have recent infractions on your driving record, even if they happened in a car rather than on your bike.
What Else Affects The Cost Of Insurance?
Motorcycles are more likely to be stolen in urban areas, so people in cities typically pay higher insurance rates. The theft rate of your model also affects prices. And if your state has lots of warm weather throughout the year, you’ll pay more, since the riding season is longer than in cold-weather states.
Additionally, your bike’s engine size influences your rates. Small and medium engines built for good gas mileage are the cheapest to cover. Larger engines built for power and speed are more expensive to cover. If you spent a lot of time putting a kit together or building a custom motorcycle, you’ll want to get higher limits of custom parts coverage, which increases your cost. Whether you ride for daily commuting, pleasure, or competition will also affect the price. Make sure your deductible suits your personal finances, too.
Nationwide Motorcycle Insurance Reviews
While Nationwide has a good reputation within the insurance industry, it has just a 1.17 out of 5-star rating from reviewers on the BBB. Nationwide car insurance was rated just above the industry average by consumers in the J.D. Power 2020 U.S. Auto Claims Satisfaction StudySM.
Positive reviews on the BBB say agents are helpful throughout the claims process and during times of crisis. Some also say Nationwide prices are lower than competitors’ offerings. On the other hand, negative reviews say some agents are hard to communicate with and customer service is lacking. Here are a couple of example reviews.
“I've been dealing with my agent at Nationwide for three years, and their professionalism, timeliness, and knowledge is simply fantastic. I just can't say enough good things about the way they handle every aspect of this account. I highly, highly recommend [Nationwide].”
- R.C. via BBB
“Nationwide is definitely not [on] your side. If I were shopping for an insurance company, I would look elsewhere. The agents are always too busy to talk to clients and are no help at all when filing a claim.”
- Jaime G. via BBB
Our Take On Nationwide Motorcycle Insurance: 4.0 Stars
At the end of the day, Nationwide is a good choice for motorcycle insurance. The provider has expansive coverage, affordable rates for low-risk drivers, and several discount opportunities. However, Nationwide customer service can be hit-or-miss depending on your agent, and high-risk riders will pay more.
Our Recommendations For Motorcycle Insurance
Nationwide is a good option for motorcycle insurance, but the only way to find the best coverage and rates is to compare quotes from multiple providers.
Overall, we think Geico offers the best motorcycle insurance in the industry when taking into account cost, customer service, reputation, and coverage. It can be a great alternative to Nationwide, especially for high-risk riders. For those who want a more personalized touch from a local agent, State Farm is a good option. You can compare free motorcycle insurance quotes from these providers and more using the simple tool below.
Geico: Best Overall
Geico motorcycle insurance is our top pick for many reasons, including its low prices. Geico has the cheapest motorcycle insurance on average for many riders. The company offers plans across the U.S. that can cover many different kinds of bikes, and riders can choose high coverage limits to protect valuable parts. Geico is well-regarded by experts, with an A++ financial strength rating from AM Best and an A+ rating from the BBB.
State Farm: Best Local Agents
State Farm motorcycle insurance is the best option for people who want to work with a local agent—there are over 19,000 State Farm agents across the country. The company also has a solid reputation and an A++ financial strength rating. That means you can be confident in State Farm’s ability to cover claims. In addition to standard coverage, riders can get coverage for protective gear, attached sidecars, roadside assistance, and trip interruption.