Motorcycle Insurance Alberta | Get a Policy Tailored to Suit You!

November 6, 2021 | Editorial Team

For many motorcycle riders in Alberta, the freedom and joy that comes with riding through the beautiful countryside, mountainous regions, and Alberta’s busy cities are unrivalled. Obtaining insurance is often an afterthought. Not having insurance is illegal in Canada. Furthermore, motorcycles are often considered more dangerous than cars. Injuries and fatality rates are considerably higher, so having a good insurance policy is imperative.

If you are looking for motorcycle insurance in Alberta, it is important to consider your needs and requirements. No two riders are the same, and luckily insurance policies can usually be tailored to suit you. Most policies come complete with third-party liability. They also include uninsured automobile cover and accident benefits. Options are available whether you are seeking coverage for the first time or have an existing policy. Insurance can cover motor scooters and mopeds. Before you sign up for an Alberta motorcycle insurance policy, check it has all the features you need. To precisely estimate the costs you must also be well aware of the specific terms and regulations.

Some features may be available as optional extras. It is important to research these thoroughly. Instead of opting for the first insurance quote you come across, it is best to shop around. Look for the quote that has the highest level of coverage at the best price.

Various factors influence the cost of motorcycle insurance in Alberta. In this article, we will look at this in more detail. We will also investigate the different types of insurance available while providing you with detailed guides to motorcycle insurance in other provinces, namely BC, Nova Scotia, Quebec, Ontario, and Toronto. This will help you make an informed choice.

5 Best Motorcycle Insurance Providers in Alberta

1. Blue Circle Insurance Brokers

Blue Circle is an insurance brokerage based in Calgary, Alberta. They have been operating for nearly 20 years, bringing the best insurance offers to Albertans. Blue Circle is now the leading provider of motorcycle insurance in Alberta.

Blue Circle is partnered with some of the best insurance companies across Alberta. They have a team of dedicated and experienced insurance brokers to help you find the perfect policy for you. Their insurance brokers are available via phone, email or even through your personal portal.

Blue Circle does not offer a one size fits all insurance plan. Each plan will be completed tailored and personalized to you and your motorcycle.

BrokerLink offers motorcycle insurance for a range of bikes. This includes cruisers, choppers, three-wheelers, mopeds, and scooters.

  • Custom motorcycles
  • Classic and collector motorcycles
  • Factory-built motorcycles

Blue Circle also offers you some great discounts if you combine your motorcycle insurance with another form of insurance. You can also receive a discount if you insure more than one bike.

If you ever need to make a claim, a Blue Circle employee will help you with the claim and support you through the claims process.

Choosing motorcycle insurance with the leading provider in Alberta gives you access to great offers and personalized policies. Visit Blue Circle’s website today.

2.. BrokerLink

BrokerLink has been operating for more than 30 years and is one of the biggest insurance brokers in Canada.

BrokerLink offers motorcycle insurance for a range of bikes, including cruisers, choppers, three-wheelers, mopeds, and scooters.

They will work with you to create a customized policy. Your policy will be based on a number of factors, including your driving habits, insurance requirements and budget. BrokerLink will then provide you with a list of competitive insurance quotes for you to compare.

You can receive your personalized list of quotes in less than 5 minutes. You can apply for your quotes online or over the phone. BrokerLink’s experienced insurance professionals help you to compare quotes and choose the best policy for you.

As well as providing you with standard coverage, your broker will help you determine if you require additional coverage. Additional coverage options include:

  • Civil Liability
  • Comprehensive Coverage
  • Collision Coverage
  • Accessory and Upgrade Loss of Use
  • Roadside Assistance
  • Accident Forgiveness
  • Motorcycle Replacement Coverage

BrokerLink will also try to find any discounts that are relevant to you. They can then apply for these discounts on your behalf, ensuring your premium stays as affordable as possible.

For more information, or to receive your list of free, personalized quotes, visit BrokerLink’s website or contact them via phone today.

3. Armour Insurance

Our next offering is Armour Insurance, a popular insurance broker based in Alberta. They have five brokerages across Alberta. Armour offers motorcycle insurance designed with Albertan riders in mind.

Armour Insurance’s motorcycle insurance covers three main areas:

  • Liability Coverage – This covers your legal responsibility to others for injuries or property damage.
  • Medical Coverage – This covers the cost of treating injuries, rehabilitation, lost wages, and funeral expenses.
  • Property Damage – This covers theft or damage to your motorcycle.

Armour Insurance allows you to choose your own deductible amount.

Discounts may be available if you insure more than one motorcycle or take out another form of insurance with Armour. Customers are also rewarded for their loyalty, with discounts being offered to long-term customers.

If you are interested in taking motorcycle insurance with Armour, you will first be connected with an Armour broker representative. They will ask you some questions about you, your motorcycle, your driving habits, and your driving history. They will then create tailored coverage for you.

Your broker representative will then assemble a list of insurance quotes from the best insurance providers in Alberta. Once you choose the best plan for you, your broker will finalize the details and help you sign up for your motorcycle insurance policy.

When your coverage is due for renewal, Armour performs an automatic renewal rate and coverage check. This checks if there are any opportunities for improved coverage or rates.

Visit Armour Insurance’s website today for more information, or to be connected with a broker representative.

4. Allstate

Allstate has been a popular insurance provider for more than 65 years. They are a member of The Allstate Corporation, one of the largest insurance organizations in the world. Allstate offers customized motorcycle insurance that fits your needs.

Allstate offers insurance plans that can be tailored to your needs and budget. Their standard motorcycle insurance in Alberta covers:

  • Liability
  • Accident Benefits

They also offer additional coverage options, including:

  • Collision or Upset
  • Comprehensive Coverage
  • All Perils Coverage

You can request an insurance quote on Allstate’s website or be connected with an Allstate agent in Alberta. They will give you a free estimate of your motorcycle insurance and talk you through your coverage options.

Allstate prides itself on its great customer service. Not only do they support you through the insurance buying process, but they also support you if you need to make a claim. The claims processing department is available 24/7.

If your motorcycle requires repairs, you can opt for a recommended Allstate Priority Repair Option (PRO) vendor. This means your repairs will be guaranteed for as long as you own the motorcycle.

If you are interested in motorcycle insurance with Allstate or would like more information on their policies, visit their website today.

5. Intact Insurance

Our final recommendation is Intact Insurance. Intact Insurance is partnered with more than 6,000 independent insurance broker offices across Canada. They have more than 4 million customers across Canada, including in Alberta.

Intact offers insurance for a variety of motorcycles, including standard, custom-built, dual-purpose, cruisers, and off-road bikes. They insure motorcycles up to a value of $60,000. They also cover physical damage for motorcycles less than 25 years of age.

Intact Insurance offers comprehensive coverage at competitive prices. You can choose from a variety of coverage options and coverage amounts.

Intact Insurance also offers some discount options:

  • Up to a 15% discount if you bundle your motorcycle and home insurance.
  • Up to a 15% discount if your bike has an anti-theft device.
  • Up to a 5% discount if you’ve taken an advanced motorcycle training course.
  • Up to a 5% discount if you insure a car or other recreation vehicle.
  • An appreciable discount if you are a member of a recognized motorcycle touring club.

All customers will also receive 24/7 roadside assistance, up to three times per year. Roadside assistance is available across Canada and the U.S.

Intact Insurance also prides itself on its great customer service. Customer support is available 24/7 if you need advice or need to make a claim.

Intact Insurance’s claims process is also different from other insurers. In many cases, they do not wait for results from the police or third parties. Certain repairs will be approved immediately, meaning you can get back on the road faster.

For more information on Intact Insurance, or to begin your insurance quote. Visit their website today.

The Importance of Motorcycle Insurance in Alberta

It is essential to get motorcycle insurance in Alberta for many reasons. As you must be insured by law, failing to get insurance could result in a fine or your vehicle being destroyed. Having insurance will also protect you if something happens to you or your vehicle. Alberta motorcycle insurance should cover the cost of any repairs or replacements you may need. You will also be covered even if you are at fault in an accident. This means you will not be personally liable for paying compensation.

Accident benefits ensure you are fully protected if you are injured in a road accident. Your insurance will cover you for any rehabilitation or income replacement you need. Having a good insurance policy will also ensure you can claim compensation if you are not at fault.

Some people choose to include uninsured automobile coverage as part of their policy. This means you will be protected if you are involved in an accident with an insured driver. You will be covered for damage to your vehicle and any injuries you may get. In the unfortunate event of death, your family will receive full compensation.

Alberta motorcycle insurance plans are customizable. You can opt to include extras such as collision cover, fire and theft and motorcycle loss. You could also opt to have basic insurance coverage for a lower monthly premium.

Different Types of Motorcycle Insurance in Alberta

There are three different types of motorcycle insurance in Alberta. These are M, M1 and M2. These determine which vehicles you can ride. For instance, someone with an M1 licence should use a standard motorcycle rather than a sports one. You must choose the right policy for your bike, or your insurance may be invalidated.

Some insurance providers require you to have several years of experience before they will insure you. A newly qualified driver will often find their insurance quote is higher than an experienced driver. Some insurance companies will only insure specific motorcycles. For example, not all insurance providers will cover sports motorcycles. It is generally easier to get covered if you have a standard, cruiser or a touring motorcycle.

Insurance brokers can help you find the right insurance for your specific requirements and budget. The job of an insurance broker is to help you navigate the market. With so many products and providers on the market, your choices can seem overwhelming. A broker may direct you to motorcycle insurance quotes that you may have never otherwise discovered.

Many experts recommend you take out at least $1 million of insurance coverage. This is because the costs associated with a motorcycle accident can quickly escalate. When choosing your insurance company, ensure that you read reviews and check the level of the coverage.

Contributing Factors Towards Motorcycle Insurance Cost Alberta

Various factors are used to decide the cost of motorcycle insurance. These include your age, address, the vehicle itself, how much cover you need and what your vehicle is used for. Your excess will also impact the overall cost. The higher deductible you would pay in the event of a claim, the lower the monthly premium.

Insurance providers in Alberta will also consider your claim history. The price will also rise if you have any other riders named on the policy. If you are looking to lower your insurance cost, taking a motorcycle safety course can positively impact your insurance quote. You could also save money by paying your annual insurance premium in full, rather than per month.

The Bottom Line

Motorcycle insurance in Alberta can be affordable to the average person. Shopping around and comparing insurance quotes will help you get a much better deal. Insurance companies consider the risk associated with insuring you. You are likely to receive a lower quote if an insurer thinks the chances of an accident or theft are relatively small. The price you pay for insurance for a motorcycle in Alberta can vary depending on several factors.

You are likely to pay less once you have been on the road for several years. However, your bike insurance premiums can go back up if you move to a high-risk area or are involved in an accident. Remember, you cannot ride your motorcycle without coverage.

Research motorcycle insurance thoroughly. There are many ways to meet your insurance needs and get the right coverage for you.