Couple on motorcycle riding away down a highway

Compare Motorcycle Insurance in New Jersey

Before you get back to enjoying the freedom of the open road, you may be looking to take a few minutes to be sure you’re getting the best value for your insurance dollars. As you compare motorcycle insurance coverage, there’s a lot to evaluate when it comes to protecting yourself and your bike, so it’s always good to know how the market is currently priced and to understand the level of coverage that meets your needs. An educated comparison of motorcycle insurance products will always look to balance both price and coverage (what you get for your money).

Realistic Motorcycle Rate Expectations

For riders in New Jersey, bike insurance rates tend to have a dramatic variance depending on where you live, among other factors. According to a comparison study by Lending Tree, Inc., the average annual rate that NJ riders pay for motorcycle coverage is $573, which is about 10% higher than their reported national average rate of $519 per year. The study evaluated 62 municipalities across the Garden State and ranked them from lowest to highest price for motorcycle insurance.

Here’s what the Lending Tree comparison reported:

Lowest Motorcycle Rates
Brick, NJ: $430 - $470
Chester, NJ: $480 - $520
Bernardsville, NJ: $485 - $525

Highest Motorcycle Rates
Newark, NJ: $970 – $1,000
Jersey City, NJ: $780 - $820
Atlantic City, NJ: $770 - $810

Keep in mind that there are multiple risk factors beyond geography that each insurance carrier will evaluate before offering you a quote. While your zip code can weigh heavily on what you pay to insure your bike, your age, personal driving record, and the type of bike you’re riding, along with other characteristics, will also be used to determine your insurance rate.

Consider These Motorcycle Coverages

Let’s address liability coverage first. If you carry the minimum coverage required by the state, you should consider increasing the liability limits on your motorcycle insurance policy if you’re able to afford it. Because there is more risk riding a bike in comparison with driving a car, you want to be certain you have the coverage you need to protect yourself financially.

In addition to protecting yourself, be sure you have adequate insurance coverage to protect your bike. Depending on the year, make and model of your motorcycle, you will want to consider comprehensive and collision coverage.
Other coverages that pertain to motorcyclists in New Jersey include the following:

• Safety Apparel Coverage
• Trip Interruption Coverage
• Accessory Coverage
• Roadside Assistance

Comparing Insurance Carriers: Cheapest vs. Best?

It may be tempting to think of insurance as a simple commodity: “coverage is coverage, wherever you get it.” Don’t fall into this trap. If you jump at the lowest priced insurance quote, it could potentially cost you thousands of dollars out of pocket to pay for damaged property or medical costs that were not adequately covered in your “cheaper” insurance policy. Ask yourself how much risk you are willing to carry by selecting low or minimum coverages. Beyond that, once you’ve selected the coverage level that is right for you and the level of service that you need, why would you pay more if you could get it for less? This is the essence of comparing the value, rather than simply comparing the price.

Although there are times when the cheapest is the best, it’s unlikely this will be the case when comparing insurance carriers for your motorcycle. When considering the answer to the “cheapest or the best?” question, be sure you’re getting the best overall value. Knowing that you have the right coverages can give you peace of mind. And who wants worry to interfere with the freedom and exhilaration of a good ride?

Final Thoughts on Motorcycle Insurance Comparisons

Whether you’re an experienced biker considering a change in insurance coverage, or a new rider exploring your options for bike insurance, consider Plymouth Rock Assurance. Plymouth Rock understands the unique coverage needs of the motorcycle enthusiast and provides an exceptional customer experience. Perhaps you are just checking out your insurance options, but you have to get your license first?  Here is information about getting your motorcycle license in NJ. Be sure to check back with us, once you have it.  For those who already have their license and are in need of insurance, call Plymouth Rock today to speak with a friendly representative who will answer your questions and provide you with a free quote.   You can also read about discounts available and motorcycle insurance companies in the state.

Get a quote online, call 855-993-4470 or find a local agent from Plymouth Rock Assurance in NJ to see how much you can save on a motorcycle insurance. If you need additional information you can visit our Contact Us page.

Plymouth Rock Assurance and Plymouth Rock are brand names and service marks used by separate underwriting, managed insurance, and management companies that offer property and casualty insurance in multiple states. In New Jersey motorcycle insurance is underwritten by Rider Insurance Company and Palisades Safety and Insurance Association. Each company is a separate legal entity that is financially responsible only for its own insurance products. Actual coverage is subject to the language of the policies as issued by each separate company.