Motorcycle Insurance in Utah

Motorcycles offer several advantages over cars and other four-wheel vehicles. A motorcycle not only costs less but also usually has better gas mileage, fuel efficiency, and low maintenance costs.

However, there is one major downside to riding a motorcycle: the risk involved each time you ride one.

Regardless of how skilled and careful a motorcyclist you may be, accidents can still happen. More often than not, these accidents happen when you least expect them.

Data from the National Highway Traffic Safety Administration (NHTSA) shows that motorcyclists have 29 times higher risk of getting into an accident. The NHTSA also reports that more than 80,000 motorcyclists were injured in both 2018 and 2019.

When accidents do happen, having motorcycle insurance coverage can save you a lot of financial trouble and stress. Finding the right type of motorcycle insurance and the right coverage provider can be challenging, though.

Here at Ipsen Insurance, we are dedicated to helping you find affordable and inclusive motorcycle insurance policies to fit all your needs. The first step to finding the right policy for you is to understand the laws of motorcycle insurance in Utah.

Motorcyclist at Night

The Basics of Motorcycle Insurance in Utah

The Utah state government requires all motorcyclists to carry motorcycle liability insurance. Motorcycle insurance can cover your motorcycle repair expenses, medical bills, and more.

Your coverage policy will also help cover costs associated with property damage and injuries sustained by third-parties involved in the accident.

Minimum Coverage Limits

Each state Department of Motor Vehicles prescribes minimum policy coverage limits per accident. Here are the minimum insurance policy requirements in Utah:

  • $80,000 for total bodily injury in cases where multiple parties are hurt in the accident
  • $25,000 for bodily injury for one involved party
  • $15,000 for property damage

When comparing motorcycle insurance policies, make sure you keep these minimum requirements in mind. Additionally, remember that these are only the lowest required coverage. 

Depending on your circumstances and previous record, you may need to purchase plans with higher limits for more protection.

Personal Injury Protection

Personal Injury Protection or PIP coverage is only required of car or automobile drivers in Utah. Motorcyclists in the state can opt to get an insurance policy without PIP coverage.

However, do note that Utah is one of the 12 U.S. states with no-fault insurance laws. As per the law, vehicle drivers and motorcyclists must file for bodily injury and medical expenses claims with their insurer, regardless of who caused the accident.

Thus, it is often better to get insurance with PIP coverage. Some insurers may offer PIP coverage on top of their regular motorcycle liability insurance plans.

Types of Optional Motorcycle Insurance Coverage

You may purchase additional motorcycle coverage options on top of your minimum liability coverage.

Here are a few optional coverage policies you may get:

  • Motorcycle collision insurance
  • Comprehensive insurance coverage
  • Coverage for customized motorcycle parts
  • Towing and labor coverage
  • Uninsured or underinsured motorist coverage

If you live in a neighborhood where burglaries and theft are common, it would be best to get a comprehensive insurance policy. This type of coverage will pay for non-accident related damages, including theft, vandalism, and fire.

Meanwhile, if your bike has customized parts, you may need to look into policies that include coverage for it. Regular motorcycle insurance policies often only cover the factory standard parts or provide very limited coverage for customizations.

Ipsen Insurance offers reliable and high-caliber motorcycle insurance in Utah. We follow all state insurance regulations and strive to provide the best insurance packages to ensure you receive appropriate coverage.

Motorcyclist at Sunset

How Much Is Motorcycle Insurance?

The average cost of motorcycle insurance in the U.S. is $702 per year. Different states have different laws and varying risk statistics, all of which can affect the total coverage costs.

The average cost of motorcycle insurance in Utah is over 13% higher than the national average. You can expect motorcycle insurance policies to cost around $794 for a full-year of coverage of $66 per monthly premiums.

Utah Motorcycle Insurance Comparison

Selecting the perfect motorcycle insurance coverage provider can help you save hundreds or even thousands of dollars in case of an accident.

When shopping for your motorcycle insurance policy, there are a few elements you should consider:

  • Coverage options
  • Insurance rates
  • Discounts offered
  • Customer service

Utah residents have various motorcycle insurance providers to choose from. Here is a table with some of the well-known motorcycle policy providers in Utah for a quick motorcycle insurance comparison:

Insurer Average Annual Cost
Allstate $499
Geico $572
MetLife $659
Dairyland $674
Farm Bureau $698
Nationwide $799
Progressive $1,132
National Average $794

There are insurers that offer various discounts, such as multiple-bike discount, loyalty discount, homeowner discount, and more.It may be tempting to immediately purchase a policy from the insurer offering the lowest annual rates. However, you need to carefully check other factors as well.

Where you live also affects the average cost of motorcycle insurance in Utah. For instance, West Jordan has a high annual average rate of $875, while Tooele only has an annual average rate of $713. Salt Lake City residents pay an average rate around the middle at $781 per year.

Different coverage options will give you different annual rates and levels of protection. The higher the liability limit and the more optional coverage included, the greater the policy will cost.

Remember though, that the most affordable policy may be easier on your wallet today but may make it harder for you in the future.

If the policy you purchased will not cover other expenses and bills, you may end up paying for the costs out of pocket. If you choose this option, you will likely be spending more than if you got a comprehensive plan in the first place.

Call us today to talk to one of our agents and receive an in-depth motorcycle insurance policy quotation.

We’ll sit down with you and go over your coverage needs, allocated budget, and other requirements to find a coverage policy that would adequately and affordably protect you.

Factors That Affect Motorcycle Insurance Rates

Several risk factors can raise or lower the motorcycle insurance quotation you may receive from insurers. Knowing your risk factors will help you have a more accurate insight into your potential insurance premiums.

Here are some of the factors that affects insurance policy rates:

  • Coverage type or options: A state-minimum liability policy will naturally cost less than an all-in comprehensive motorcycle insurance coverage or a liability policy with an additional collision coverage.
  • Age: Your age may affect your rate quotations. The motorcycle insurance for a 19 year old is generally higher than that of a 30 year old. Younger motorcyclists have less years of riding, so they are seen as having a higher risk of getting into accidents and making a claim.
  • Location: Living in neighborhoods that have a high-theft risk will raise your monthly and annual insurance rates. On the other hand, keeping your motorcycle in a locked garage may help bring down costs or allow you to qualify for discounts.
  • Driving history: If you have had any motorcycle accidents, violations, or claims within the last five years, you will likely have higher insurance premiums.
  • Vehicle use: Motorcycles mostly used for recreation or leisure would require less inclusive and less expensive insurance coverage than bikes used daily, either for personal commute or daily deliveries.
  • Vehicle type, make, year, model: New motorcycles, sports bikes, and bikes from high-end brands will naturally have a more expensive coverage than secondhand ones with smaller engines.
  • Modifications and customizations: Insurers may consider certain motorcycle modifications to increase or lower your accident risk.

Here at Ipsen Insurance, we make sure to carefully consider all factors to provide competitive and reasonable motorcycle insurance rates.

Take the first step to minimizing risks to your ride and life. Contact us today to get a complimentary, non-binding motorcycle insurance quote.