Motorcycle Insurance in North Carolina: The Cheapest Quotes and Best Companies

The cheapest motorcycle insurance in North Carolina may just come with liability-only coverage and might not always be the best choice for the rider. Liability-only insurance does not protect your motorcycle or your injuries if you are at fault for the accident. Since it only covers injuries and damage to property or other people, a liability-only motorcycle insurance policy may be far less expensive to insure. For most motorcycle riders, a policy that includes comprehensive and collision coverage is a safer and better option because it provides more protection and higher liability limits.

MoneyGeek compared rates based on the profile of a low-risk rider in North Carolina with a clean driving record and a 50/100/25 liability-only policy.

Amongst the motorcycle insurance companies in North Carolina offering liability-only coverage, the following companies were found to have the lowest average rates:

• Nationwide: $82 per year
• GEICO: $82 per year

In comparison, Progressive offers the most expensive motorcycle insurance carrier in the state at an average of $90. The cheapest options are 9.4% cheaper than the average rate from Progressive.

If you want more protection, it's best to go for a full coverage policy. It includes comprehensive and collision coverage, which covers damages caused by collisions, regardless of whether the collision is with a vehicle or structure. This coverage also is a protection against damages caused by vandalism, theft, weather events or fire. Additionally, if you're making payments on your motorcycle, it's best to go for a full coverage policy rather than a liability-only policy with limited coverage.

MoneyGeek ranked the following two companies as the cheapest after reviewing the profile of a good rider with 50/100/25 coverage and a $500 deductible for a full coverage policy:

• Harley-Davidson: $179 per year
• GEICO: $208 per year

Nationwide, the most expensive provider for a full coverage policy, quoted an average annual cost of $1,043. Harley-Davidson is 82.8% cheaper than Nationwide.

The motorcycle insurance rates in North Carolina are determined by several factors, including coverage types, motorcycle model, riding record, age and years of riding experience. MoneyGeek assessed various insurance companies to deduce the average cost of motorcycle insurance in North Carolina.

A full-coverage policy in North Carolina will cost you an average of $377 per year or about $31 a month. This shows that the cost is $13 or 3% higher than the national annual average of $364.

If you choose a liability-only motorcycle insurance policy, your premiums will be lower at around $85 per year or around $7 a month. This rate is $56 less than the national annual average of $141 for liability-only insurance. However, a liability-only policy doesn’t cover your motorcycle or bodily injuries sustained in the crash.

Prices for North Carolina were calculated using a motorcycle insurance policy with bodily injury liability coverage of $50,000/$100,000 and property damage coverage of $25,000. We also considered a full coverage policy with uninsured motorist and underinsured motorist minimum coverage and a $500 deductible.

MoneyGeek ranked multiple insurance companies in North Carolina to find the best motorcycle insurers that offer a balance of affordability and quality service. MoneyGeek's unique scoring system rated the companies based on quotes unique to North Carolina, product offerings and choices, customer service, affordability and financial stability. Harley-Davidson was named the best motorcycle insurance provider in North Carolina.

It’s easy to obtain a motorcycle insurance quote online in North Carolina. Most insurance companies provide quotes online after gathering all of the following information or more from you:

• ZIP code and address in North Carolina where the bike will be located
• Previous address if you moved in the past six months
• Your date of birth
• Vehicle make, model and manufacturing year
• Your riding experience level
• Your riding record

Before purchasing an insurance policy, it’s important to know the minimum coverage requirements for your state. North Carolina's motorcycle insurance laws and requirements require all riders to possess an insurance policy that meets the following coverage at the minimum:

• $30,000 per-person bodily injury liability
• $60,000 per-accident bodily injury liability
• $25,000 property damage liability
• Uninsured motorist coverage
• Underinsured motorist coverage

All motorcycles in North Carolina must have a minimum liability-only allowance of 30/60/25. This means that your North Carolina motorcycle insurance policy will offer up to $60,000 in coverage for all those injured in an accident, with a $30,000 limit per person and $25,000 in property damage coverage. If you’re at fault for the accident, your insurance company will be ready to pay you these liability limits.

North Carolina requires uninsured motorist and underinsured motorist coverage for all motor vehicles besides bodily injury and property damage coverages. However, while not required, personal injury protection (PIP) can be added to your existing policy if you want to cover medical bills, loss of income and other expenses regardless of who's at fault for the accident.

Several factors come into play while looking for a motorcycle insurance policy. Here we have answered some of your common questions, like which company offers the cheapest insurance in North Carolina and how much does motorcycle insurance cost in North Carolina.

MoneyGeek collected motorcycle insurance quotes directly from insurance providers based on varying coverage amounts and driver profiles to help our users determine which is the least expensive provider in North Carolina. The best motorcycle insurance companies in North Carolina were determined using three factors, including policy cost in North Carolina (60% weighting), product offerings and service (30% weighting) and financial stability metrics from AM Best (10% weighting). The most recent license laws and insurance coverage requirements in North Carolina were gathered from the state DMVs to ensure accurate and up-to-date information.