What is the Best Insurance for Your Harley Davidson?
If you love to ride motorcycles, you know that there are few brands out there better than a Harley Davidson. No matter if you own one now or you looking to purchase one at some point in the future, then you are in for a special treat. This is a bike that can really take you places in style. At the same time, buying a Harley Davidson requires quite the investment. You will want to make sure that you protect that investment with an insurance policy that provides coverage that you can rely on. Motorcycles are susceptible to theft, minor damage, nicks, and so much more. It is important to know that you will be able to have a financial cushion to fall back on in the event that something adverse does happen to your Harley Davidson. With that in mind, you should consider the following five companies as they are commonly considered to provide you with the best possible insurance for your Harley Davidson.
This is one of the companies that insures a large number of motorcycle riders in the United States. Progressive actually states that one out of every three riders in America is insured by them. That means that you will be in good company. They offer quite a few standard inclusion on all of their policies. To begin, you will get the full replacement cost of your Harley. There will be no depreciation involved. That is a major benefit if your Harley has already lost a bit of its value. You will get the cash that you need to buy a new bike that is the same exact model as the one that was stolen or damaged beyond repair. You will also find that Progressive will guarantee that you can get OEM parts when your bike needs to be fixed after you have been in an accident. There is also collision and comprehensive coverage that you can purchase with Progressive. This will provide you with up to $3,000 towards the purchase of custom equipment and any accessories that you have added specifically to your Harley. This is also an insurance company that has a sound financial background and an A+ rating. That says something because you want a company behind you that has the cash to back up any claims that you might have in the future.
You might not have heard of Dairyland insurance, but this is another solid company that comes with a financial rating of A+. This means that you can rely on them to pay out valid claims that you might have on your policy. They offer a wide range of insurance policies for motorcycles. These include liability, collision, and you can also get comprehensive coverage for you Harley. You will find that Dairyland will also be able to offer you a number of optional coverage packages that may appeal to you depending on what particular bike you have and what your insurance needs happen to be. There is a roadside assistance plan that can come quite handy, particularly if you like to take long road trips. There is also guaranteed coverage for OEM part replacements in addition to coverage provisions for any passengers that might be on your Harley at the time of an accident.
3. Harley Davidson
It would only seem natural that one of the most popular motorcycle manufacturers in the country would also have its own insurance division. Therefore, this makes great sense if you are looking for an insurance provider for your own bike. Interestingly enough, this is a company that will insure other bikes as well, but their focus is obviously on Harleys. To be fair, the financial status of Harley’s insurance division has not yet been rated, but it would stand to reason that you are in good hands with them based upon how long they have been in business. This is also an insurance provider that offers a lot of discount to Harley owners, for such things as completing their riding academy to making sure that anti-theft devices are installed on your bike. This can really help to bring the premiums that you pay down while ensuring that you have the coverage that you need.
This might be a lesser known company, but it is certainly worth your consideration when it comes to providing your Harley Davidson motorcycle with the insurance coverage that you need. They offer specialized policies that allow you to make sure that you get the coverage that you need to protect your specific bike. You will find that this is the only company on this list that will give you what is referred to as a diminishing deductible insurance policy on your bike. This means that your deductible will actually decrease by 25% every year that you go without having a claim or accident. That means that you will not pay any deductible starting in the fifth year if you have gone that long without making a claim.
Just about everyone in the country has heard of Allstate. They have long been the gold standard when it comes to insurance. Their motorcycle coverage is no exception. With a company that consistently has an A+ financial rating behind them, you will know that you are in good hands. It is important to know that your claims will be paid out when it becomes necessary, and that is what you will get with Allstate.
Now that you have an idea of the five best insurance companies that can protect the investment you have in your Harley Davidson, it is time to select a policy that is in your best interest. You may want to get a few different quotes and compare the coverage limits that are offered to you. This should help make you an informed decision in the end that will provide you and your Harley with the best possible protection.