Motorcycle Insurance in Texas: The Cheapest Quotes and Best Companies

Riders looking for the cheapest motorcycle insurance in Texas can look at liability-only policies. These policies satisfy the minimum Texas motorcycle insurance laws and requirements but go no further than that. This is why riders should opt not to make their decisions solely on the lowest motorcycle insurance rates in Texas. Instead, it’s better to get full coverage, which includes comprehensive and collision coverage.

In the analysis below, MoneyGeek examined a good rider in Texas with 50/100/25 liability-only coverage.

The carriers offering the cheapest motorcycle insurance in Texas with liability-only coverage rates include the following:

• Progressive: $79 per year
• Markel: $89 per year

Progressive’s rates are 86.59% lower than the most expensive option in Texas, which is Nationwide. Nationwide offers its liability-only policies at a hefty price of $589 per year.

A full-coverage policy is the best insurance option for riders in Texas because it offers both comprehensive and collision coverage. Comprehensive insurance helps protect a rider’s bike in case it gets damaged outside of an accident, while collision coverage pays for damages to the motorcycle in case you are responsible for an accident.

Riders who are still in the process of paying off their bike are required to have full coverage insurance instead of liability-only.

In this analysis, MoneyGeek used a sample profile of a good rider in Texas with 50/100/25 coverage and a $500 deductible for comprehensive and collision coverage.

The carriers offering the cheapest full coverage motorcycle insurance in Texas are:

• Dairyland: $205 per year
• Harley-Davidson: $292 per year

In Texas, Nationwide offers the most expensive full coverage policies, charging around $1,125 per year. Dairyland is 81.78% cheaper than Nationwide, which goes to show just how important it is to look at various motorcycle insurance quotes in Texas before making a final decision.

Motorcycle insurance quotes in Texas can vary based on a number of factors, as is the case with quotes all across the nation. Some factors that will influence the price of your quote include the coverage amounts, rider’s personal information and riding experience, the motorcycle’s year, make and model.

For full coverage policies, the average cost of motorcycle insurance in Texas is $472 per year or roughly $40 per month. This is 30.03% more than the national average of $363.

For liability-only policies, Texans pay an average of $184 per year or around $15 per month — $43 or 30.5% higher than the national state average of $141. This may be cheaper than full coverage policies, but remember that it does not protect riders or their bikes in case of an accident.

Policy coverage used to determine Texas averages were $50,000/$100,000 bodily injury coverage with $25,000 property damage, a $500 deductible for full coverage policies and PIP and Uninsured motorist minimum coverage if required.

To find carriers that offer the best motorcycle insurance in Texas, we considered three main attributes: the company’s product offerings and selection, their service and their financial stability.

Based on these attributes, MoneyGeek discovered that Harley-Davidson offers the best motorcycle insurance in Texas.

Before seeking motorcycle insurance quotes in Texas, riders need to prepare the following information:

• Insurance coverage elections (see below for more information)
• Personal information about the driver — age, riding history, insurance history, etc.
• ZIP code and address in Texas where the biker and bike are located
• Information on the motorcycle’s year, make and model
• Additional background information on current assets

The minimum requirements for motorcycle insurance can vary across states. Texas motorcycle insurance laws and requirements state that riders should have at least the following coverages:

• $30,000 in per-person bodily injury liability (BI)
• $60,000 in per-accident bodily injury liability
• $25,000 in property damage liability (PD)
• Personal injury protection (PIP)

In Texas, motorcycle insurance laws and requirements mandate that riders have at least 30/60/25 in liability coverage. This means that there’s coverage of up to $60,000 for all persons in an accident and a limit of up to $30,000 per person. There should also be at least $25,000 in property damage liability. This is the minimum amount that an insurer will cover third parties for in case you get into an accident.

By default, motorcycle insurance in Texas includes personal injury protection (PIP) coverage unless a policyholder specifically states they want it removed. Uninsured motorist (UM) and underinsured motorist (UIM) coverage is not required.

Motorcycle insurance rates can be difficult to understand, especially for riders who are learning about the topic for the first time. We answered a few frequently asked questions to help you make the best choice.

MoneyGeek collected motorcycle insurance quotes in Texas from six carriers in the state based on varying coverage amounts and rider profiles to give bikers the cheapest options. The best motorcycle insurance companies in Texas were determined using three criteria. This included policy cost in Texas (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 Texas were gathered from the state DMVs to ensure accurate and up-to-date information.