Are you considering GEICO Motorcycle Insurance for 2023? Read our review to see if it’s worth the investment.

GEICO is an acronym that stands for Government Employee’s Insurance Company. It was founded in 1936 by the Goodwin family to deliver automotive insurance to federal workers and their families.

In 1996, it became a subsidiary of Berkshire Hathaway, Inc.

GEICO issued its first motorcycle insurance policies in 1978. You can insure sports bikes, cruisers, mopeds, and touring motorcycles with tailored policies that work to achieve the lowest rate possible

If you have a car and a motorcycle and insure them together, riders in most states qualify for a multi-policy discount.

Here is a closer look at what to expect when choosing this insurer.

Coverage Options Provided by GEICO Insurance

GEICO Motorcycle insurance covers almost all makes and models, including sport or recreational engine classifications. Scooters may receive coverage if local rules classify them as mopeds.

Accessories coverage is available for riders with GEICO to ensure all a bike’s extras receive the protection needed for repair or replacement if something happens. This feature includes trike conversion kits, saddlebags, seats, electronics, and even non-stock sidecars.

GEICO collision coverage includes a rider’s helmet. Riders also have access to emergency roadside service as an extra.

GEICO Offers Several Convenient Payment Options

Many motorcycle insurance companies let you pay the policy in full right away or across monthly payments. GEICO provides the same service.

You can also select from four-, six-, or nine-month payment plans to accommodate your current financial situation.

Riders can pay their policies over the phone, through automatic installments, or directly. GEICO accepts checks, money orders, ACH transfers, debit cards, and credit cards.

Discounts Offered Through GEICO Motorcycle Insurance

GEICO offers one of the most comprehensive discount structures available to motorcyclists today. You can lower your overall quote significantly by taking advantage of one or more of these options.

• Mature Rider Discount. Riders with proven experience can see up to a 10% discount because there are fewer insurance risks than young motorcyclists.
• Renewal Discount. When you renew your current motorcycle policy with GEICO, you can receive a 10% discount.
• Transfer Discount. GEICO offers a 10% discount when switching from your current motorcycle insurance to their policy.
• Bundling Discount. If you already have a car insured by GEICO, you receive 5% off for adding a motorcycle to the policy. You also get 10% off when insuring more than one bike through the company.
• Safety Course Discount. If you complete a motorcycle safety course, you can save up to 10% on your policy. GEICO doubles this benefit for certified instructors.

Prices to Expect When Choosing GEICO Insurance

Rates are highly variable with GEICO because of the different requirements in each U.S. state. There aren’t any fixed prices.

Quotes typically start around $60 per year for liability-only coverage and limited riding. The most expensive policies can be $4,000 or more annually, depending on the bike, the rider’s experience and age, and overall driving history.

Each state’s minimum insurance requirements also play a role in the quote that riders receive. High-risk riders typically see minimum quotes about four times higher than those without tickets or accidents on their records.

Pros and Cons of Choosing GEICO Motorcycle Insurance

GEICO motorcycle insurance offers fast claims reporting processes that are easy to complete. Riders can submit their information online 24/7 or use the insurer’s mobile app. You will need your policy number available when submitting a claim, but this information is available with your digital profile.

When managing GEICO motorcycle insurance, these are the general pros and cons that most riders can expect with working with this company.

PROS

• Motorcyclists can take advantage of the various coverage options and payment plans available with GEICO to create policies that work with most financial situations.
• As the second-largest insurer in the United States, GEICO is one of the most financially stable companies providing motorcycle coverage today.
• AM Best gives the insurer its A++ (Superior) rating.
• Riders can get quotes or purchase coverage online without speaking with an agent. Each policy or extra coverage option comes with a competitive rate, while multiple discounts are available.
• GEICO has a strong reputation for providing excellent customer service.

CONS

• GEICO offers local offices, but policies are handled online or by phone because it writes the insurance directly. Limited services are available from the agent down the street.
• Since everything is centralized for policy care, the hold times can be up to 30 minutes when contacting customer service and even longer during peak call periods.
• Some discounts are not available in every state. This issue can be challenging for riders who move across state lines and have changing minimum coverages.
• It isn’t always easy to navigate the online dashboard or mobile app to change an existing policy.
• New riders may not qualify for all potential discounts or the best available rates for motorcyclists until they get road experience.

GEICO insurance coverage is available in all 50 states. So, get your quotes now.

GEICO Ratings in Critical Categories

After careful consideration and evaluation, I have assigned ratings to GEICO’s motorcycle insurance out of 5 on various factors. These ratings reflect my personal experience with GEICO and are intended to provide an objective assessment of its motorcycle insurance offerings.

• Customer Service: 4.5/5. GEICO offers a nationwide customer service line, access to live chat, and a mobile app that lets you take care of policy changes or claims anytime.
• Online Tools and Resources: 5/5. You can request a free motorcycle insurance quote online, through your mobile device, or by phone. A comprehensive blog covering industry topics is available to browse, and the site has a helpful FAQ section to answer common questions.
• Claims Process: 3.5/5. Working with GEICO claims can sometimes be frustrating, with multiple correspondence requirements covering the same issue. It’s often easier to manage this task with a live agent, but then you must ship them pictures of the damage.
• Coverage Options: 4.5/5. You can cover almost any motorcycle for your riding activities. The only exception would be track-day insurance for racing bikes.
• Financial Stability: 4.5/5. GEICO often earns an A++ rating from A.M. Best in the markets it operates, earning the highest recognition for its overall commitment to being a stable insurer.
• Additional Features: 3.5/5. You can customize your policy with different coverage and discount options. If you ride a custom motorcycle, there could be some challenges to creating a complete coverage package. I’ve found it helps to speak with an agent directly in those circumstances.
• Underwriting Process: 4/5. The speed at which policies are created meets industry standards today. I found the entire process simple and easy, getting my quote in a few minutes and having my coverage active in less than two hours.
• Pricing: 4.5/5 GEICO is often the best-priced option in its markets. Even when a competitor has a better rate, you’ll find more value in this coverage than others in most circumstances.
• Reputation: 4/5. Although there are some complaints found online by previous customers, most people are satisfied with the cost and coverage combination GEICO offers.

FAQ About GEICO Motorcycle Insurance

GEICO offers a straightforward quote generation process. There can be times when a few questions arise, which is why I put together this section based on my experiences.

Should I Choose GEICO Insurance for My Motorcycle?

GEICO provides a straightforward insurance solution for motorcyclists. When you keep your bike insured with them throughout the year, you’ll keep your discounts and have coverage for whenever those lovely days to ride come around each winter.

It would be helpful to have extra flexibility with standard coverage options. Still, the customization offered by GEICO allows you to get what you need. It just takes a little more work to pick and choose the various protections each motorcycle offers.

Digital ID cards are available through the mobile app. You can also find the lowest fuel prices near your current location.

The goal is to create a policy that works for you. In my experience with this company, that’s precisely what you receive. Once you figure out how to manage the app and online dashboard, you’ll find that working with GEICO can save you time and money.