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Life Insurance for Motorcycle Racers

Life Insurance for Motorcycle Racers | In-Depth Guide to the Best Rates in [2024]

If you are an active motorcycle drag racer or your sport happens to be dirt track racing, you have a lot of good choices for life insurance with very affordable premiums.

You probably know that this is considered a hazardous sport by the life insurance industry but that does not mean you cannot get low rates. You just have to apply with a liberal carrier that is motorcycle racing friendly.

Motorcycle racers can secure life insurance at very affordable rates, often equal to those that are non-racers. If you are under the assumption that life insurance for motorcycle racers is hard to get or is expensive, I have good news for you.

It also holds for auto racing motorsports. This would include NHRA drag racing and oval track classes such as NASCAR stock car racing. All these drivers are in the same situation regarding purchasing life insurance. Keep reading because the best is yet to come.

Some people believe that finding the best life insurance for motorcycle racing will be complicated and expensive. Nothing could be any farther from the truth. Motorsports racing is our specialty, and this is a simple process.


Life Insurance for Motorcycle Riders With No Racing Involvement 

If you are planning on applying for life insurance for motorcycle riders and you are not involved with any actual racing exposures, this will be another story altogether. Life insurance companies will not increase premiums because you are a motorcycle rider. 

If you maintain a good driving record, you will have no problem purchasing life insurance coverage with preferred rates. A poor driving record with multiple convictions or a revoked or suspended license will raise a flag which could possibly become a problem.

Motorcycle rider life insurance will never cost you any increase in premiums unless you have medical issues.

With no motorcycle racing participation, you would just be identified as a motorcycle rider, leading to standard life insurance pricing.

Can I Buy Life Insurance if I Race Motorcycles?

You can purchase life insurance for motorcycle racers just as easily as if you did not even own one. There are no limitations as to what kind of racing bike you own. Your class or racing could anything from a stock bike all the way up to a Nitro Harley drag bike and you can apply, get approved and issued a policy quickly and easily.

Naturally, there could be an additional fee to cover the added risk of racing in a more hazardous classification. Motorcycle racer life coverage is always available regardless of what type of racing you are involved with.

How Are Motorcycle Racer’s Rates Calculated?

A motorcycle racer’s application will be reviewed in two main parts. First, the underwriters will review your health history and then the risk factor for racing motorcycles.

1. Type of Motorcycle Used: 

The type of bike you race will be one of the factors life insurance companies will consider. Some motorcycle designs are safer than others, and statistics show what type of bike has the most accidents on the track.

2. Racing Classification: 

For example, what classification of motorcycle drag racing are you active in, such as Motocross, Supercross, Pro Stock, or Nitro drag bikes and many others. Your racing class tells the underwriters how safe or hazardous your involvement in motorcycle racing actually is.

Drag racers and dirt track racers experience the same type of underwriting guidelines when applying.

3. Top Speed (MPH): 

The maximum speed you experience on your drag or dirt track bike is vital information. Common sense will tell you that the faster your motorcycle goes down the track, the greater the odds of having a fatal accident. The faster you run, the harder it is to stop or make a quick decision to avoid a wreck.

4. Type of Fuel:

The type of fuel you run on your bike will affect your rates because Top Fuel and Top Alcohol classes will usually spell a higher-performance motorcycle than just running high-octane gasoline. In addition, the fuel you use will be relevant to motorcycle drag racers rather than dirt bike racers that use gasoline.

If you run an NHRA nitro drag bike, you can still get life insurance with no problem, assuming you are in relatively good health.

5. Experience Level:

Life insurance companies also emphasize your level of experience. The more knowledge and experience you have, the better it is. If you attended a motorcycle drag racing school or just a simple class it will be a plus.

6. How Many Races Per Year:

According to simple statistics, the more motorcycle racing you do, the higher the probability that you could have an accident. The number of races you attend each year will not make a significant difference but is still considered by the underwriters.

Your top MPH and ET for drag racing will be the most important factor for your racing exposure.


Motorcycle Drag Racing vs. Moto Cross & Supercross Dirt Bike Racing

As I stated, when the underwriters review your application, they look at how hazardous your motorcycle racing is.

ThereTerm Life Insurance for Motorcycle Racers is usually very little difference in motorcycle NHRA Drag Racing or other types such as Moto Cross, Supercross, GrandPrix, Ice Racing, Enduro, or SuperBike racing. 

The life insurance industry emphasizes statistics, and they spend millions of dollars annually having statistics created by statisticians.

This is the only accurate way to determine how to set their pricing structure when they review your application.

As far as motorcycle racing goes, this is not considered one of the more hazardous hobbies or sports someone can be active in. There are many far more dangerous sports that people participate in.

Regardless of what type of motorcycle you have or how fast you go, you can still get life insurance at very affordable rates. Many motorcycle racers are issued preferred rates as if they did not even race.

What Are Flat Extra Fees for Motorcycle Racers?

Flat extra fees are sometimes used, but we try to avoid them by using the right life insurance company.

Depending on the specific information concerning riding your drag or dirt bike, a life insurance company may add a flat extra charge to your base premium to cover the added risk of racing. This could be in the case of a more volatile class of racing, such as high-speed drag bikes running alcohol or nitro.

A flat extra charge would be a dollar amount such as $2.50 for every $1,000 coverage you apply for. 

For Example:

Just for example purposes, we will use an application for a $100,000 term life insurance policy for 20 years that costs $750.00 per year. The flat extra charge would be $2.50 x 100, which would break down to $250.00. The base premium for this example is $750.00, and your flat extra, which is $250.00, will cost a grand total of $1,000.00 per year.

Don’t worry about flat extra charges because many companies we use do not add them to a policy.


Does My Health History Make a Difference?

Your health history is much more important than your being a motorcycle racer

When applying for life insurance, your overall health history is much more important than anything else. Your rates may or may not be affected if you have a health condition. This will always depend on the type of health condition you have and could be observed as life threatening.

Your health will determine what health classification you will be placed in. The healthier you are, the lower your rates will be. 

An applicant’s rates can also be affected if he has a dangerous occupation. For example, when you apply for your new life insurance policy, a hazardous occupation or a hazardous sport or hobby can have the same result. 


Why Should I Work With An Independent Agent?

I always recommend buying life insurance through an independent agent like myself. Independent agents, also known as brokers, can shop the entire market for you. This is much better than using a captive agent like State Farm and having only one company to choose from. In addition, most captive agents don’t even offer life insurance for people with hazardous sports or occupations.

We work with over 40 of the highest-rated life insurance companies to ensure our clients get the lowest rates at any time. In addition, you can use an instant quote rating system to get a good idea of your options and projected premiums.

Getting the best rates involves your agent pinpointing the one life insurance carrier that will offer you the lowest premium. Therefore, choosing the right company to apply to is extremely important when we are talking racing.


How Can I Apply for Motorcycle Racing Life Insurance?

Telephone applications are the best way to apply and take between 15-20 minutes.

Applying for life insurance is now a snap because you have a quick and straightforward option to apply with over theMotorcycle Rider Life Insurance telephone. In addition, telephone applications are much faster and more precise than paper and online applications.

The days of long 30-page paper applications are now just bad memories. As a result, applying for life insurance is a much more streamlined process than before.

Your time is valuable and you don’t want to waste it shuffling around long drawn out applications.


Is Term Life Insurance My Best Choice?

Term life insurance is more affordable than all other life insurance options.

Term life insurance for motorcycle racers will always be your best choice! You can apply for several other forms of coverage, but the affordability of term life insurance cannot be beat. Your other options would be Universal Life, No-Medical-Exam Life Insurance or Whole Life but they would be more expensive.

You can compare term life insurance quotes for motorcycle racers from over 40 top rated life insurance companies in less than a minute from our instant life insurance quoting engine or just complete the form on the right side of this post.


Should I Request a Health Assessment Before I Apply?

A health assessment is definitely recommended if you have multiple medical conditions, but if you are healthy it is not necessary.

Motorcycle racers should always have their agent run a quick 10-minute assessment to eliminate surprises during the application process.

For example, if you have any medical conditions, height and weight issues, or a dangerous occupation, a quick pre-screen can eliminate any surprises that could affect your premium. It also helps an agent when choosing which carrier to apply with.

We use a simple electronic form that will take less than 10 minutes to complete. The idea concerning a health assessment is to get everything out in the open so your agent can put a game plan together before applying.

This information will enable your agent to connect you with the best life insurance companies offering you the best rates possible. If an applicant is healthy and does not have a dangerous sport or occupation, there is no need for a health assessment.


Our Final Thoughts

Purchasing motorcycle racers life insurance is very simple. Several excellent companies we workMotorcycle Rider Life Insurance with will approve your application with preferred rates if you are in good health.

In addition, you can activate our simple-to-use instant rate quote system to see over 40 of the top companies compared side-by-side.

Thank you for taking the time to read this blog post, I hope it helps!

All the best,
Jack Venturi

*For any questions you might have, our live chat system is at your disposal or call us at 815-390- 7545 and we will provide a quick answer.

If you have questions about motorcycle racing life insurance, contact us today, and we will help you at no cost or obligation. You can also set up a time at your convenience to talk.


Jack Venturi Independent Life Insurance Agent

Jack Venturi

Independent agent and founder of

Jack Venturi has over 30 years of experience educating and helping people find the best life insurance products at the lowest possible premiums over the phone (815)-390-7545 and online.

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