New Jersey Motorcycle Insurance: Costs, Laws, and Quotes
Here’s what you should know before shopping around for motorcycle insurance quotes in New Jersey.
Written by Melanie Krieps Mergen
Reviewed by Bellina Gaskey
On average,
motorcycle insurance
costs about $650 per year in New Jersey. That’s higher than the national average (around $519 per year). - Riders in New Jersey, a no-fault state, are subject to more minimum insurance requirements than in liability-only states. This makes New Jersey motorcycle insurance more expensive than average.
- Getting multiple quotes from different providers can help you find the right coverage at the right price.
- Riders in New Jersey, ano-fault state, are subject to more minimum insurance requirements than in liability-only states. This makes New Jersey motorcycle insurance more expensive than average.
- Getting multiple quotes from different providers can help you find the right coverage at the right price.
How to find cheap motorcycle insurance quotes in New Jersey
To find the best rate on motorcycle insurance available to you in New Jersey, you’ll want to request multiple quotes from multiple insurance providers—3-5 is recommended—and compare your options.
Average cost of motorcycle insurance in New Jersey
New Jersey’s status as a no-fault state means motorcyclists are required to carry more insurance than basic
liability coverage
—and this extra coverage usually comes at a higher cost. With its extra minimum requirements, New Jersey motorcycle insurance costs are about $650 per year on average, or about $54 per month, which is higher than the national average of about $519 per year.
Cheapest companies for full coverage New Jersey motorcycle insurance
Here’s a look at average rates with some of New Jersey’s top motorcycle insurance providers. The numbers shown here are based on a high level of coverage, including high liability coverage limits, collision coverage, and comprehensive coverage.
Insurer | Average annual rate for full coverage |
|---|---|
$886 | |
GEICO | $410 |
$670 | |
Allstate | $650 |
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What you’ll pay for your motorcycle insurance policy will depend on your ZIP code, the type of motorcycle you drive and its value, your demographics, and the level of coverage you choose.
Are motorcycles cheaper to insure than cars?
If you live in an area with high crime or accident rates, or if you have a high number of violations on your driving record, your cost for motorcycle insurance could start to approach that of the average car insurance premium.
For comparison, the
average cost of car insurance in New Jersey
is nearly $2,800 per year for basic liability insurance and nearly $3,400 per year for full coverage.New Jersey motorcycle insurance coverage requirements
You’ll need to be well-equipped with the New Jersey minimum requirements before you can hit the road.
At a minimum, you’ll need to have the following coverage in place:
- $50,000 of bodily injury liability insurance per accident
- $25,000 ofproperty damage liability insurance
You’re also required to carry:
- $25,000 of uninsured/underinsured motorist bodily injury
- $50,000 of uninsured/underinsured motorist bodily injury per accident
- $25,000 uninsured/underinsured motorist property damage (with a $500 deductible)
What should a standard motorcycle insurance policy cover?
Having the minimum required motorcycle insurance in New Jersey will keep you legally compliant, but raising your limits and choosing additional coverage types will give you greater financial protection.
None of the coverage types listed in the state requirements will cover damage to your bike. For this, you’ll need
comprehensive
and collision coverage
, which are usually referred to together as full coverage.Here are some other examples of worthwhile motorcycle coverage:
- Custom parts and equipment (CPE) coveragefor modded bikes
- Roadside assistance andtowing
- Carried contents and personal belongings coverage
- Total loss coverage
- First party medical coverage
The best companies for New Jersey motorcycle insurance
It can be difficult to know where to start when searching for motorcycle insurance in New Jersey. We’ve rounded up some of the best providers based on the type of rider you are.
1. Best for bike lovers: Rider
The good: Good coverage options, plenty of discounts
AM Best rating: A-
BBB rating: A+
Jerry’s rating: 91/100
If you have a serious passion for motorcycles, you’re probably looking for a provider that cares about them just as much as you do. Luckily, Rider specializes in motorcycle insurance.
Beyond basic liability options, they offer replacement cost coverage, helmet coverage, trip interruption coverage, carried property coverage, and more.
You’ll also have access to a range of discounts, including for insuring multiple bikes, owning a home (without needing to bundle), having at least three years of riding experience, and passing an approved safety course, among others.
However, Rider tends to have more expensive rates than average, so make sure to compare quotes from other companies before going ahead with them.
2. Best for cheap rates: GEICO
The good: Low rates, solid coverage options, good financial stability
AM Best rating: A++ (Superior)
BBB rating: A+
Jerry’s rating: 85/100
If you’re looking to save on motorcycle insurance, GEICO tends to offer some of the lowest rates on average in New Jersey.
GEICO also offers coverage options like accessories coverage, helmet coverage, emergency roadside assistance, and more.
GEICO’s coverage options should generally suffice for most casual riders, but if you have a vintage or heavily customized bike, it might be worth considering another option that offers additional protection.
3. Best for custom bikes: Progressive
The good: Wide range of coverage options
AM Best rating: A+
BBB rating: A+
Jerry’s rating: 84/100
Average rates with Progressive in New Jersey tend to be comparable to the state average, and it’s worth requesting a quote here if you’re looking for more extensive coverage options—for instance, if you ride a custom bike.
Progressive offers a lengthy list of optional coverages, like replacement cost coverage, carried contents coverage, accessories and custom parts coverage, OEM parts coverage, and much more.
4. Best for high-risk bikers: Dairyland
The good: Solid coverage for high-risk riders, good selection of add-ons
The bad: High rates
AM Best rating: A+
BBB rating: A+
Jerry’s rating: 82/100
Finding motorcycle insurance can be challenging if you’re a high-risk driver—but fortunately, Dairyland will work with customers who have less-than-stellar driving records.
While their rates tend to be higher than average, Dairyland offers a solid range of coverage options, including replacement coverage and OEM coverage.
Be sure to look into what discounts you could qualify for, especially if you’re a motorcycle club member or Harley-Davidson owner.
"WOW.Jerryhas been so easy to use. I called a representative when I wanted some clarification, and they walked me through the entire process of finding a new rate for full coverage on my luxury vehicle.” —Beth G.
Methodology
In order to rate motorcycle insurance companies in New Jersey, we collected public data and rated each company on four factors: (1) average cost of insurance, (2) customer satisfaction as measured by the Better Business Bureau (BBB) and NAIC index, (3) coverage options, and (4) financial stability as measured by AM Best.
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