Esurance, Progressive and Geico are three companies that offer affordable motorcycle insurance policies. Esurance's coverage extends to scooters, mopeds, cruisers and motocross bikes. A typical motorcycle insurance policy includes both bodily injury and property damage liability coverage, notes Esurance.
Liability coverage deals with damage caused by the insured, while comprehensive and collision coverage cover the insured's accident-related expenses. Some policies include total loss coverage, which pays the retail price of a wrecked bike, states Esurance.
Geico's policies offer accessories coverage for those who wish to cover their backrests, chrome pieces or CB radios. Uninsured motorist coverage is also available to cover injuries from an accident caused by someone who does not have insurance, explains Geico.