Electric Motorcycle Insurance
Harley-Davidson is leading the electrification of two-wheel motorcycles from the Livewire One™ to the S2 Del Mar, but you’ll need insurance no matter what brand or model of electric motorcycle you ride.
That’s why Harley-Davidson® Insurance is available for several makes and models of electric bike.
Besides Harley-Davidson® electric motorcycles, here are some popular electric motorcycle brands:
- BMW
- Evoke
- Zero
- Tarform Luna
- Onyx
- Vespa
- ARC
- Energica
Start your fast, free online quote now and get electric motorcycle insurance for as low as $12.50 per month!
Are you looking for some more information before you start your quote? We understand. With so many different policies and coverages, it can take time to know where to begin.
Below, we will reveal key details on electric motorcycle insurance and what you need to consider choosing the perfect policy for your unique needs.
What is an electric motorcycle?
An electric motorcycle is a type of motorcycle that runs on electricity rather than gasoline or diesel fuel. This is accomplished by substituting the internal combustion engine of a standard bike for a lithium-ion battery pack and an electric motor that drives the rear wheel.
This is the formula for instant torque, plenty of power, and providing an environmentally friendly motorcycle.
Recharging is as simple as plugging into an electric outlet or a charging station.
Harley-Davidson has created a range of products to lead the electrification of two wheels. This includes their LiveWire® all-electric motorcycle and, more recently, the STACYC range of electric balance bikes and Serial 1 electric pedal-assist bicycles.
Do you need to insure your electric motorcycle?
In the United States, most states regulate electric motorcycles like traditional motorcycles, meaning there is a requirement to have some form of insurance to ride legally.
Because of this, while requirements vary from state to state, it’s imperative to understand the electric motorcycle insurance laws in your state.
Here at Harley-Davidson Insurance, we’ll match you with the perfect insurance policy based on your electric motorcycle and the state you’re based in.
Liability coverage is the minimum legal requirement in most states
When taking out coverage for your electric motorcycle, most states require liability coverage as the lowest level of coverage to ride legally.
This is designed to cover incidents while you’re on your bike that may injure another individual or cause damage to a third party. However, the extent of coverage will be subject to the policy limits vs. the amount of damage.
While this is the minimum requirement, you are advised to add more coverage to become better financially protected. Options include collision, comprehensive, and uninsured motorist coverage.
Different types of electric motorcycle insurance coverage
With Harley-Davidson® Insurance, we have a broad range of coverages available, ensuring you find the perfect plan specifically designed for your needs. Some of the popular coverage options we have available are:
Motorcycle replacement cost
If your electric motorcycle is a total loss, Harley-Davidson® Insurance will replace it. With Replacement Cost coverage, you won’t have to get a replacement at the depreciation value. This coverage is available when your motorcycle has not been previously owned at the time of your purchase, and is a current model year or one year older than that.
Comprehensive coverage
Comprehensive coverage is designed to cover damage to your bike due to a range of eventualities. This means fire, theft, and vandalism can be covered.
Whether the incident was or wasn’t your fault, you can have peace of mind knowing you’re always prepared for the unexpected.
Accessories insurance coverage
Accessories motorcycle insurance coverage provides financial protection for custom or additional parts and accessories added to the motorcycle, beyond its original manufacturer specifications.
The purpose of accessories motorcycle insurance coverage is to ensure that the policyholder can fully repair or replace any damaged or stolen accessories without bearing the entire financial burden themselves.
Some insurance companies may title this accessories coverage ‘Optional Equipment’.
Full cost optional equipment replacement
Full Cost Optional Equipment Replacement coverage provides protection for any optional equipment that has been added to a motorcycle. This may include high-performance engine parts, chrome accents, or aftermarket exhaust systems.
Suppose the optional equipment is also damaged or destroyed in the same event that causes the motorcycle to be a total loss. In that case, the policyholder will receive compensation to cover the cost of replacing the equipment.
How much will it cost to insure your electric motorcycle?
The cost of your insurance policy will differ based on the type of electric motorcycle you ride and several other factors.
Factors influencing electric motorcycle insurance cost
- Motorcycle type - The type of motorcycle you have makes a difference. Electric motorcycles can be more expensive to insure. You then have the brand to consider and the age of your bike.
- Your location - Location can significantly impact insurance costs due to various factors like cost of living, state regulations, weather, and crime rates.
- Coverage type - Earlier, we explained some of the available insurance coverages. Naturally, these selections will impact cost. The more coverages your plan has, the more you should expect to pay.
- Gender and age - Your experience on the roads can influence your price. According to data from J.D. Power, gender could have an impact. They have discovered that an 18-year-old male is likely to be quoted more than an 18-year-old female.
- Your driving record - The electric motorcycle insurance quote you receive can also be impacted by any traffic or driving violations you have.
Tips when taking out two-wheeled electric motorcycle insurance
Before you take out your electric motorcycle insurance plan, consider these tips carefully to make sure you end up with the best coverage for you:
- Add any other riders - If someone else is going to be using your electric motorcycle, they need to be added to the policy.
- Save money by paying yearly instead of monthly - If you can afford to pay your policy annually, it makes sense. Most insurance companies give discounts to those who pay for the year.
- Find out more about insurance discounts and how to qualify for them - You may be able to reduce your electric motorcycle insurance cost by installing safety features or completing a safety course.
- Know the make, model, and year of your electric motorcycle to get an accurate quote - Make sure you’ve got all this information handy before you start your quote so you can get an accurate quote.
- Disclose any enhancements or modifications you’ve made to your electric motorcycle - If you have modified or enhanced your motorcycle or any other elements, it should be disclosed during the quote process to ensure the coverage you expect is in place.
Why pick Harley-Davidson® Insurance for electric motorcycle insurance?
There are many reasons why Harley-Davidson® Insurance makes sense - even if you’re not riding a Harley-Davidson® motorcycle:
We insure many motorcycles, not just Harley-Davidson® bikes. We also insure custom motorcycles.
We write insurance in 48 states.
Unfortunately, we cannot offer coverage in Alaska, Hawaii, or Washington D.C. However, if you live in one of the other 48 states, you can still use your electric motorcycle in Washington D.C., Alaska, or Hawaii.
We offer various discounts,
including military/law enforcement and multi-bike discounts.
We provide motorcycle accident forgiveness.
If you’re involved in an incident, it will not automatically result in a rise in your insurance premiums.
We have a wide range of motorcycle coverage options,
ensuring you’re matched with the perfect policy.
Mistakes to avoid when selecting electric motorcycle insurance
If you’re looking for an electric motorcycle insurance plan, make sure you don’t fall into one of the following four traps:
1. Not being honest in your application - Little white lies won’t wash when getting an insurance payout. You could void your entire policy if you’re not completely honest on your application.
3. Simply going for the cheapest policy you can find - While it can be tempting to go for the cheapest plan, this is not advised. Typically, the cheaper a plan is, the less coverage you have. This could cost you way more in the long run if your insurance plan doesn’t pay out when you need it to.
4. Allowing your current electric motorcycle insurance plan to expire - If insurance is a legal requirement in your state, you could be committing an offense if you don’t renew your policy before the current one expires. Also, if you allow your policy to lapse for an extended period, you may lose your Claim-Free renewal discount.
Myths about electric motorcycle insurance
Unfortunately, there’s a lot of misinformation about electric motorcycles and their available insurance options.
- Minimum insurance is sufficient to cover all incidents - NOT TRUE.
- Your vehicle insurance will cover your electric motorcycle - NOT TRUE.
- The color of your e-bike will impact how much your insurance costs - NOT TRUE.
- Your driving record has no impact on your motorcycle insurance - NOT TRUE.
- If you’re not using your electric motorcycle for a period, during the winter, for example, you should cancel your insurance - NOT TRUE.
Please do not hesitate to contact the friendly team at Harley-Davidson® Insurance today if you have any questions about electric motorcycle insurance. We’re always happy to help.
FAQ about electric motorcycle insurance
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Why is electronic motorcycle insurance expensive?
Electric motorcycle insurance can be more expensive than traditional motorcycle insurance due to various factors. Some of these factors include:
- Cost of Repairs: The cost of repairing an electric motorcycle can be higher than a traditional motorcycle, especially if the battery or other electric components are damaged.
- Newer Technology: Electric motorcycles are considered a newer and more advanced technology, which can result in higher insurance costs due to the added cost of repairs and replacement.
- Unique Coverage Needs: Insurance for electric motorcycles may require coverage for the battery, charging equipment, and other unique components, which can result in higher insurance costs.
- Limited Availability of Parts: Electric motorcycles use specialized parts that may be harder to find or more expensive than those for traditional motorcycles, which can increase the cost of repairs and insurance.
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Does the insurance cover the battery of the electric motorcycle?
Whether the insurance covers the battery of an electric motorcycle will depend on the specific insurance policy. Some insurance policies may include coverage for the battery as part of the overall coverage for the electric motorcycle, while others may exclude it or require separate coverage.
It's important to carefully review the details of your insurance policy to understand what is and isn't covered and ensure you have the right coverage for your needs.
If you need clarification on whether your policy covers the battery, you should contact your insurance provider for more information.
What types of motorcycles are covered with Harley-Davidson insurance
Touring bikes
Designed to provide a comfortable experience for riders on long-distance trips.
Sport bikes
Commonly referred to as street bikes, these are designed for speed and agility.
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