Nationwide provides insurance, retirement, and investment products. It offers excellent vintage and classic motorcycle coverage and includes exciting features for everyday bike owners.
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Like other providers, Nationwide determines motorcycle insurance rates based on several factors such as the motorcycle type, mileage, security features, age, driving history, and location of the owner.
Typically, younger riders and sports motorcycle owners face higher insurance costs.
Skilled drivers and low-risk motorists can opt for motorcycle coverage from Nationwide, benefiting from the company’s multi-policy discounts.
This option is particularly advantageous for those already using Nationwide for auto and life insurance.
Pros and Cons of Nationwide Insurance
PROS
- Available local agent for assistance.
- Classic and vintage bikes policy offered.
- Multi-policy discounts available.
- Claims processing is easy.
CONS
- Policies cannot be purchased without going through an agent.
- Lack of transparent pricing information.
- Not available in all states across the country.
Types of Motorcycles Insured by Nationwide Insurance
Nationwide provides a variety of motorcycle insurance options tailored to bike riders, considering factors such as motorcycle type, price, age, rider driving history, and credit score.
Here are the general Nationwide motorcycle insurance options:
1. Multi-Policy Coverage for Multiple Motorcycles
Nationwide offers a comprehensive insurance policy that covers all your bikes under one policy, accommodating various motorcycles up to $50,000 for each bike, suitable for bike enthusiasts and collectors.
2. Antique and Vintage Motorcycle Insurance
Nationwide provides extensive classic insurance coverage based on motorcycle range, allowing you to insure vintage and antique motorcycles for up to $30,000 per motorcycle, ideal for classic bike owners.
3. Scooter Insurance Policy
For scooter owners navigating local streets or highways, Nationwide’s scooter insurance policy ensures physical and financial security, even for occasional riders or recreational users.
4. Mopeds Insurance
In numerous states, mopeds are now classified as motor vehicles and must be insured. A growing number of states mandate insurance for legal road use due to their engine size, typically 50cc or smaller.
Nationwide’s insurance covers these mopeds and similar mid-speed vehicles with engine capacities ranging from 50cc to high-speed 500cc engines for regular street use.
While many states prohibit dirt bikes on public roads, having insurance coverage for your dirt bike can be advantageous.
Nationwide’s dirt bike insurance policy includes collision and comprehensive coverage, encompassing personal property, bodily injury, and medical payments.
Even for extreme sports enthusiasts using motorcycles, these policies are crucial.
6. Sports Bikes Insurance Policy
High-performance sports bikes, often referred to as “crotch rockets,” attract many motorcycle riders due to their superior speed and power.
However, these bikes also pose higher risks, with riders of these bikes being four times more likely to experience accidents than riders of lower-range motorcycles.
Nationwide provides insurance coverage for these high-speed bikes capable of reaching speeds of up to 190mph.
7. Touring Motorcycles Insurance
To address specific concerns or obtain a Nationwide insurance quote, customers can use the company’s website to send messages. When completing the online form, individuals can choose to be contacted via email or phone.
8. Customized Policy Coverage
For those requiring extensive coverage for their motorcycle insurance policy, Nationwide offers options for customized coverage.
The insurance company provides $3,000 coverage for upgraded customized parts when adding multiple bikes or allows for exclusion. Customers needing higher coverage can protect custom parts up to $30,000 and custom bikes or converted custom trikes up to $50,000.
9. New and Like-new Motorbike Coverage
Nationwide offers comprehensive motorcycle insurance policies tailored to the needs of classic and vintage motorcycle owners. A user-friendly mobile app is available for policy management and claim filing.
Nationwide also offers various discount opportunities. However, coverage is only available in the 43 states where Nationwide operates.
While initiating a quote online is possible, speaking to an agent is necessary for accurate pricing. Many customers have reported slow claims processing as a drawback.
Pricing of Nationwide Insurance
Similar to other insurers, Nationwide bases its motorcycle insurance rates on various factors including motorcycle type, mileage, security features, age, driving history, and location.
Typically, younger riders and owners of sports motorcycles face higher insurance premiums.
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