Harley Davidson Insurance vs Geico: Difference and Comparison

Some people consider their bikes no less than a family member. They maintain and protect it just like they do for human beings.

But sometimes, these vehicles suffer damage, and the owner incurs heavy losses due to that incident. In times like these, a person with a good insurance plan can recover from such loss easily.  

Harley Davidson Insurance and Geico are two of the most popular insurance companies covering losses for two-wheelers. To find the most suitable one, one needs to differentiate between the two. 

Key Takeaways

1. Harley Davidson Insurance is a specialized insurance product designed specifically for Harley Davidson motorcycles, while GEICO provides insurance coverage for a wide range of vehicles.
2. Harley Davidson Insurance covers custom parts and accessories, while GEICO may only cover factory-installed parts.
3. Harley Davidson Insurance may offer specialized services such as towing and roadside assistance for Harley Davidson riders, while GEICO offers standard roadside assistance to all its customers.

Harley Davidson Insurance vs Geico 

Harley-Davidson Insurance is a specialized insurance provider that offers coverage for Harley-Davidson motorcycles. GEICO is a general insurance provider that offers coverage for a wide range of vehicles, including auto, home, and motorcycles, but not specializing in any particular brand.

Harley Davidson Insurance is an affiliate of Harley Davidson Inc. They offer insurance and assistance services for all types of bikes, even customized ones too.

Operating in around 48 states of the United States, the company mainly specialises in services for Harley Davidson bikes. 

Comparison Table

Parameters of Comparison	Harley Davidson Insurance	Geico
Definition	Harley Davidson Insurance is a bike insurance company that offers services related to insurance covers etc.	Geico is an acronym that stands for Government Employees Insurance Company. It is one of the most popular auto insurance companies in the USA.
Parent Company	Harley Davidson Insurance is a company under the Harley Davidson Inc.	Geico is an insurance company under Berkshire Hathaway.
Established in	Gradually developed under the parent company as a subsidiary.	Year 1936.
Operations	It operates only in 48 states of U.S. It does not write services in Alaska, Hawaii and Washington D.C.	It operates in all 50 U.S. states along with the District of Columbia.
Best Suitable for	People with Harley Davidson bikes or with bikes having custom parts.	For people looking for a more affordable insurance policy.
Specialization	Harley Davidson Insurance offers special insurance packages for Harley Davidson bikes.	No such specialised services.

What is Harley Davidson Insurance?  

Harley Davidson Insurance is a subsidiary company owned and managed by Harley Davidson Inc. The company offers insurance schemes for Harley Davidson bikes especially.

But it also offers services for people having other bikes. The only requirement is that the bike should not be older than 25 years at the time of the insurance.   

The insurance quotes offered by this company are slightly more expensive than that of its counterparts but can be worth every penny if we look at the services offered.   

The company offers insurance and claims services just like the other companies, but some services are nowhere seen. Such services are-  

1. Insurance for a specific motorcycle is called an autocycle.  
2. Insurance for custom parts is attached to the bike.  
3. Road assistance policies such as locksmith services or tire replacement. 
4. Insurance cover includes food and lodging if the accident takes place about 100 Kilometers away from their home. It is a safe option for those who like going on long road trips.  
5. Finance services and extended dealership plan along with the insurance cover. (Which means you can get your purchase financed from the same company)  

However, if a person is looking for a bundle of auto and bike insurance or looking for much more affordable insurance, Harley Davidson insurance might not be the ideal choice.   

What is Geico? 

Geico is a subsidiary company owned by Berkshire Hathway, involved in providing motor insurance to people at affordable rates. The company offers services in every state of the U.S. and runs 17 major offices across the country for better customer service.   

The company is known as the second-largest insurance company in the U.S. It is most popular for its wide variety of affordable services.

The major USP of the company is that it offers its services widely over online means and over the phone. Therefore, it is preferred by people who do not wish to recourse to an agent for their insurance.   

The company allows buyers to bundle their auto and bike insurance into one, reducing the cost to some extent. However, the company has no policy for securing customized vehicles.   

The company offers many discount policies and has lower customer complaint records. This implies that the customers are mostly satisfied with its services.   

Main Difference Between Harley Davidson Insurance and Geico  

1. Harley Davidson Insurance is a company registered under Harley Davidson Inc., and Geico is a subsidiary under Berkshire Hathway.  
2. Harley Davidson Insurance offers insurance services for bikes only, while Geico offers services for both two-wheelers and four-wheelers.   
3. Harley Davidson Insurance is an ideal choice for people who are looking for insurance add-ons or insurance for customized bikes, and Geico is an ideal choice for those who wish to bundle their auto and bike insurance at lesser rates.   
4. Harley Davidson Insurance is not available in Laska, Hawaii, and Washington, D.C. On the other hand, Geico offers services in all the states along with the District of Columbia.   
5. Harley Davidson Insurance is relatively expansive than Geico.   

References

1. https://www.degruyter.com/document/doi/10.7312/lu–16462-011/html
2. https://www.proquest.com/openview/ba275760761fa6be33afa7e607a5ccec/1?pq-origsite=gscholar&cbl=31335