How to Get the Best Motorcycle Life Insurance Rates On the Internet Today!

Do you ride a bike? If so, I am sure motorcycle life insurance has been on your mind at one point or another! 

I bet you’ve heard all of horror stories. You may even know that motorcycles are called “donor” cycles by some doctors who have seen the consequences in the ER. 

In 2014 it was estimated that you’re 27% more likely to die in a crash if you drive a motorcycle (per driven mile) than someone who drives in a passenger vehicle! 

….and 5% more likely to be injured.  

Wow now those statistics are brutal! 

Absolutely nothing!  Excuse me Chris, did you say nothing? 

Yep, that’s right. 

Life insurance companies do not penalize cyclists! 

You may qualify for term life insurance, whole life or accidental insurance and still get the best rates possible, assuming your health is in order! 

So, in a nutshell driving a motorcycle won’t increase your premiums! On the other hand if you smoke or have a health condition that’s an entirely different story and you need to contact a great independent agency like Huntley Wealth to go through your options. 

The truth is life insurance companies simply don’t ask whether you drive a motorcycle or not.

On the application you are required to list any hazardous activities that you take part in. These activities include rock climbing, motorized vehicle racing, paragliding and hang gliding.

Frankly, I’ve never seen a list of hazardous activities that include a motorcycle question. The irony is I can’t tell you how many people tell me they ride a motorcycle when I ask them about their personal hazardous activities!

Of course you should! BUT only if they ask! 

If you’ve read any of my previous articles you may have noted that when it comes to your life insurance application honesty is ALWAYS the best policy.

…BUT only if the information is specifically requested. As I stated above, the questions about hazardous activities are targeted, so if they don’t mention motorcycles and you don’t do any of the activities listed you can simply answer “no”.

As a general rule, you should not volunteer information when you are applying a life insurance policy unless it’s required. 

Quite honestly, even if you did tell them that you ride a motorcycle, it won’t matter. In over a decade I’ve never seen a life insurance company ding a rider for this. 

This is a great question and maybe they should and there is always the chance that this policy will change sometime in the future. 

Honestly, it seems silly that companies ask about scuba diving on an life insurance application when the odds of dying are 1 in 200,000 dives according to Bandolier.  

The fact is, if you scuba dive below 75 – 100 ft, most companies won’t allow you to qualify for their best rate! 

They also specifically ask about skydiving, when the odds of dying from jumping out of a plane (with a shoot) are 1 in 101,083 jumps. Which brings me back to the inherent risks of riding a motorcycle. 

It’s my understanding that there is one life insurance company that does ask if you ride a motorcycle.

New York Life is the only company that includes this question in the application process and they may doc you a rating class or two depending on your riding habits.

However, I’m not contracted with them, so I’d like to ask a NY Life agent who reads my blog to help contribute to this article and confirm this in the comment section.

In conclusion if you enjoy the occasional ride on your Hog, you may want to take care of your motorcycle life insurance needs now while you can qualify for the best rates.  Life insurance companies tend to be copycats, so get some coverage now before others follow suit.

Huntley Wealth has been in the business of insuring people like you for over 10 years. We have access to virtually dozens of life insurance companies – so we can confidently say we will be able to find you the best possible rates for your particular circumstances.

Not all life insurance companies are created equally. They have different standards for underwriting and we know the ins and outs.

If you drive a motorcycle – your premiums will not be increased. However if you race off road or on a track, whether it’s timed racing or against other racers, your life insurance rating may be affected. 

Be sure to give us a call today so we can put your case out to be bid on by multiple carriers. This will get you the best possible deal. 

For an instant life insurance quote for motorcyclists, use our form on the right or call today 877-443-9467. We can help!