Whether you engage in recreational road trips or rely on your motorcycle for commuting to school or work, it is imperative that you have access to insurance that is both cost-effective and of superior quality. However, in contrast to the majority of motorcycle insurance companies, USAA exclusively provides policies to individuals who are veterans, members of the United States Armed Forces, and immediate family members of those who have served. If you meet the eligibility criteria for a USAA motorcycle insurance policy, you will discover a distinctive combination of competitive costs, user benefits, and extensive coverage choices.
USAA Motorcycle Insurance Policy
USAA provides motorcycle insurance coverage in all 50 states, with each policy including complimentary roadside assistance. In addition, USAA provides a user-friendly mobile application that serves as a comprehensive platform for accessing USAA’s insurance and swift banking services.
While USAA motorcycle insurance is underwritten by Progressive, customers can still benefit from USAA’s competitive rates. Regardless, it is important to consistently compare rates in order to secure the most affordable motorcycle insurance.
USAA Motorcycle Insurance Coverage Options
USAA motorcycle insurance provides policyholders with a diverse range of benefits, various policy types, and extensive coverage options. Let’s further examine the various types of motorcycle insurance and coverage options that are accessible to you as a policyholder.
#1. Bodily Injury and Property Damage Liability Coverage
The bodily injury and property damage liability coverage provides financial compensation for the expenses incurred in repairing damaged property and covers medical bills for individuals affected by an accident caused by your actions. Additionally, it will provide coverage for your legal expenses in the event that the opposing party initiates legal proceedings. This is basically the minimum insurance requirement in the majority of states.
#2. Comprehensive and Collision Coverage
USAA provides collision coverage. A policy that offers financial compensation for repairing or replacing your motorcycle in the event of an accident. They also offer comprehensive coverage. This insurance policy provides coverage for your motorcycle in circumstances that are outside of your control, such as natural disasters or instances of theft. If you possess a lease or loan agreement for your motorcycle, it is imperative that you uphold comprehensive collision coverage as mandated by your lender.
#3. Uninsured/Underinsured Motorist Coverage
Uninsured/underinsured motorist coverage refers to a type of insurance that provides financial protection to individuals who are involved in an accident caused by a driver.
In the event of an accident involving a driver who lacks insurance or possesses insufficient insurance to adequately address the claim, your uninsured/underinsured motorist coverage will come into effect. The inclusion of this additional protection will provide you with a sense of reassurance while traveling. Additionally, it provides protection in the event of a hit-and-run incident involving another driver.
#4. Medical Payments Coverage
Medical payment coverage is a type that provides financial protection for medical expenses resulting from injuries during an accident.
The medical payments coverage entails that USAA will provide coverage for hospital bills and medical expenses incurred by individuals who sustain injuries in an accident in which you are involved, regardless of fault attribution. This encompasses individuals such as yourself, your passengers, and those present in the other vehicle(s) in the collision.
#5. Roadside Assistance Coverage
Roadside assistance coverage is a type of insurance that provides assistance and support to drivers in the event of a breakdown or emergency situation while on the road.
USAA provides round-the-clock roadside assistance, a highly valuable service in the event of being stranded. The coverage includes reimbursement for towing services to a nearby repair facility and the replacement of a flat tire. It also provides assistance in extricating your vehicle from mud or snow and provides a jump-start in the event of a dead battery. Additionally, it provides fuel delivery services in the event of a depleted gas supply. One notable advantage is that the company guarantees a prompt response time of 60 to 90 minutes between a service call and the arrival of assistance. This ensures that customers will not have to endure an entire day waiting for roadside support.
USAA motorcycle insurance Costs
USAA is widely recognized for providing competitively priced insurance options, and its collaboration with Progressive has yielded comparable rates. The average annual cost of motorcycle insurance in the United States for the year 2022 is approximately $741. It is worth noting that USAA typically offers rates that are lower than this average. You can see in the table below the average monthly cost of USAA motorcycle insurance.
| Coverage Type | Minimum Insurance for Standard Motorcycle | Full Coverage for Standard Motorcycle | Minimum Insurance for Sport Motorcycle | Full Coverage for Sport Motorcycle |
| Low-Risk Driver | $14 | $60 | $11 | $173 |
| High-Risk Driver | $11 | $104 | $17 | $416 |
It is evident that motorcycle insurance offers a more cost-effective option than conventional car insurance. While motorcycles are associated with higher risks, it is worth noting that the potential for causing substantial damage is comparatively lower when operating a motorcycle. As a result, you will only incur a lesser amount for liability insurance.
Regardless, insurance companies still take into account various factors when determining the cost of your insurance coverage. These factors include:
#1. Age
It has been observed that individuals in the younger age group tend to exhibit a higher propensity for engaging in risky behavior. Furthermore, their relative lack of experience may hinder their ability to effectively navigate hazardous situations in comparison to their older counterparts.
#2. Credit Score
A credit score is a numerical representation of an individual’s creditworthiness. It is a measure lenders and financial institutions to assess
It’s important to note that insurance companies, with the exception of jurisdictions where doing so is illegal, take a person’s credit score into account when determining their insurance rates. So, the higher your score, the more affordable your rates will be.
#3. Location
Insurance companies maintain meticulous records of claims based on ZIP codes. It is possible for you to have lower rates compared to someone residing in a neighboring ZIP code.
#4. Motorcycle Model
Certain motorcycles possess superior safety features when you compare them to others, thereby resulting in lower insurance costs. Another factor to take into account is the cost of repairing your motorcycle in case of any damages or malfunctions.
#5.Driving Record
As indicated in the aforementioned table, individuals with blemishes on their driving records incur significantly higher insurance premiums compared to those with unblemished records.
The distance traveled is in miles. There is a positive correlation between the amount of time spent engaging in cycling activities and the likelihood of being involved in an accident. If an individual does not regularly utilize road transportation, they may potentially qualify for a reduction in cost.
#6. Where Do You Store Your Motorcycle
Insurance providers typically recommend storing your motorcycle in a secure location, such as a garage, rather than leaving it on public streets. If you store your motorcycle in a secure location, it is likely that the cost will be lower.
Generally, the minimum coverage requirements for bodily injury and property damage liability vary among states, which in turn impacts the pricing. However, when operating within a limited budget, any opportunity to save money becomes valuable.
USAA and Progressive acknowledge the customer’s inclination towards cost savings, and therefore, both companies provide various discount options. USAA provides affordable motorcycle insurance options that cater to responsible drivers, offering benefits such as safety courses and multi-vehicle discounts.
Progressive, on the other hand, offers a comprehensive range of discounts, such as paid-in-full, homeowners, and motorcycle license endorsements. In order to determine your eligibility for any Progressive discounts, it is advisable to engage in a conversation with a representative from USAA.
What Types of Motorcycles Does USAA Cover?
When considering motorcycles, it is common for individuals to associate them with street bikes or classic cruisers. However, it is important to note that USAA provides coverage for a diverse range of vehicles. This includes the following:
#1. Cruisers
Cruisers are widely regarded as the most popular motorcycles due to their timeless and iconic style. The motorcycle generally features elevated handlebars, front-mounted foot pegs, and a fully visible engine. Some well-known brands in the motorcycle industry include Harley-Davidson, Indian, and Honda.
#2. Touring Motorcycles
These motorcycles are designed with a focus on providing optimal comfort, allowing riders to enjoy extended cruising over long distances without any discomfort. Motorcycle enthusiasts frequently choose to purchase motorcycles from reputable brands such as Harley-Davidson, BMW, and India.
#3. ATVs
All-terrain vehicles (ATVs) are specifically engineered for off-road use and are equipped with either three or four wheels. Some of the top brands in the ATV industry are Polaris, Suzuki, and Yamaha.
#4. Dirt Motorcycles
Designed specifically for individuals who have a passion for off-road adventures, dirt bikes are equipped with specialized features such as knobby tires, a lightweight chassis, and enhanced suspension systems. The Honda CRF, Kawasaki, and Yamaha are widely recognized as the leading brands in the dirtbike industry.
#5. Sport Motorcycles
Sport bikes (street bikes) exhibit highly responsive handling characteristics and possess exceptional acceleration capabilities. These high-speed motorcycles, in comparison to others, also boast a significantly higher fatality rate, with a fourfold increase in fatalities. Popular or favorite options for sport motorcycles include, among many others, Honda, Kawasaki, and Ducati.
#6. UTV/SXS
Utility task vehicles (UTVs) are commonly employed in various professional environments for their practicality and functionality. The motorcycle in question comes with superior engine capabilities, resulting in increased power. Additionally, it boasts a higher seating capacity, accommodating a larger number of individuals. While their driving behavior is comparable to that of a car, they meet the criteria for motorcycle insurance coverage. Reputable manufacturers that offer a range of popular UTVs for sale include Polaris, Arctic Cat, and Kawasaki.
#7. Mopeds and Scooters
Mopeds and scooters are two types of motorized vehicles commonly used for transportation purposes.
These compact vehicles are experiencing a surge in popularity as an environmentally friendly alternative to conventional vehicles. Some prominent brands in the market offering these types of bikes include Vespa, Yamaha, and Honda.
While ATVs and UTVs differ from motorcycles, USAA provides coverage for these vehicles under the same policy category.
Is USAA Good for Motorcycle Insurance?
USAA provides superior motorcycle insurance options for active military personnel, veterans, and eligible family members, surpassing those offered by other competitors in the market. USAA Motorcycle Insurance not only provides uninsured motorist coverage and roadside assistance, but it also offers more cost-effective options compared to competitors’ offerings.
Why Doesn’t USAA Have Motorcycle Insurance?
Indeed, USAA offers motorcycle insurance to military members, veterans, and their family members. USAA does not underwrite motorcycle insurance policies; instead, it directs riders to Progressive. Nevertheless, customers are eligible for exclusive military-specific discounts, resulting in even more affordable coverage from Progressive.
Why Is Motorcycle Insurance So Expensive?
- Year-Round Riding Season
In contrast to states characterized by severe winters and restricted riding conditions, California’s temperate climate affords motorcyclists the ability to enjoy year-round riding opportunities. The extended duration spent on the road contributes to an elevated probability of accidents, subsequently resulting in an increase in insurance premiums.
Is It Worth Getting Full Coverage on a Motorcycle?
It is advisable to consider obtaining comprehensive insurance coverage for your valuable motorcycle. If you have obtained financing for your motorcycle, it is typically a requirement for most finance companies to maintain both collision and comprehensive insurance coverage. They are requesting your assistance in safeguarding their collateral.
USAA Motorcycle Insurance User Benefits
One of the major benefits of the USAA motorcycle insurance policy is the ability to expand coverage to include additional vehicles such as motorcycles, scooters, ATVs, and mopeds. Aside from the above benefits, here are additional advantages that USAA motorcycle insurance policyholders may enjoy:
- Competitive rates specifically tailored for military members
- 24/7 customer service and claims
- Rebates in instances where the company generates surplus profits
- Monthly and annual payment systems
- Coverage options for additional types of recreational vehicles
- Numerous options are available for obtaining discounts
- Integrated services: that is, the provision of multiple services or functions that are combined into a cohesive and unified system.
Simply put, if you possess motorcycle insurance coverage through USAA, you have the advantage of accessing integrated investment, banking, and financial services.
Conclusion
USAA basically partners with Progressive in order to provide motorcycle insurance options to its esteemed members. And its policyholders enjoy some of the lowest motorcycle insurance prices available on the market. However, you must be an active or retired member of the military or a member of their family in order to qualify for USAA policies.
While Progressive boasts robust financial ratings, USAA has excellent consumer reviews. It has established a reputation for reliable service and competitive pricing in the insurance industry. Regardless, it is important to consistently compare rates in order to secure the most affordable motorcycle insurance. Along with a range of financial services, USAA also offers auto and house insurance.
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