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Life Insurance for Motorcycle Racers

Best Life Insurance for Motorcycle Racers in [2023]

If you are an active motorcycle drag racer or dirt track racing, you have a lot of good choices for life insurance. Youlife insurance for motorcycle racers probably know that this is considered a hazardous sport by the life insurance industry.

Life insurance for motorcycle racers is readily available and costs less than you would ever believe. Furthermore, it often does not cost a penny more than if you did not race in many cases.

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.

Some people believe that finding 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

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. Most good life insurance companies will not charge any extra costs to a simple motorcycle rider that does not participate in motorcycle racing events. In this case, your bike does not even come into the picture at all.

If you are not involved with any type of motorcycle racing and all you do is ride on the streets or the dirt, you will not encounter any flat extra fees or changes in your health classification. You would only be classified as a motorcycle rider and just receive conventional life insurance premiums.

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 motorcycle can be anything from pure stock to a Nitro Harley drag bike and you can apply, get approved and issued a policy quickly and easily. Naturally, there will be an additional fee to cover the added risk of riding a very risky class of racing.

How Are Motorcycle Racer’s Rates Calculated?

Simply put, 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 of 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 more or fewer 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? Your racing class tells the underwriters how safe or hazardous your involvement in motorcycle racing is. It also holds for dirt track racers active in Motocross and Supercross racing.

3. Top Speed: 

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 emphasize your level of experience. The more knowledge you have, the better it is with any rider training classes you may have taken. Also, consider how many times you race in a given year is considered.

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. Of course, the number of races you attend each will not make a significant difference but is still considered by the underwriters.


Motorcycle Drag Racing vs. Moto Cross & Supercross Racing

The insurance companies look for the hazards of your specific form of motorcycle racing.

When the underwriters review your application, they look at how hazardous your motorcycle racing is.motorcycle racers life insurance There 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 underwrite applications.

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 motorcycle 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:

For example, applying for a $100,000 term life insurance policy for 20 years costs $750.00 per year for a given term policy. The flat extra charge would be $2.50 x 100, which would break down to $250.00. Your base premium is $750.00, and your flat extra, which is $250.00, will cost $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 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 conditions you may have.

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?

Independent agents (brokers) can always find the lowest rates for motorcycle racers.

I always recommend buying your 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 from which to choose your life insurance. 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 locating the one life insurance carrier that will offer you the lowest monthly premium. Therefore, choosing the right company to apply to is extremely important.


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 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.


What Type of Life Insurance Can Motorcycle Racers Apply for?

Term life insurance costs a fraction of all the other forms of life insurance.

You can apply for any life insurance you would like, but low-cost term life insurance will be your best plan design due to its low premiums. I have listed all your other options below, but they will be more expensive.

I have to say that 95% of the people I talk to choose affordable term life insurance products. Below are all your choices available below, with a link to the relevant blog post on our website for more information:

Should I Request a Pre-Screen Before I Apply for Coverage?

Motorcycle racers should always have their agent run a quick pre-screen to eliminate surprises during the application process. For example, if you have any medical condition, height and weight issues, or a dangerous sport, a pre-screen can help make your application process a breeze. We use a simple electronic form that will take you less than 10 minutes to complete. The idea concerning a medical pre-screen 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 very healthy and does not have a dangerous sport or occupation, there is no need for a pre-screen.


In Conclusion

Purchasing motorcycle racers life insurance is very simple. Several excellent companies we worklife insurance for motorcycle racers 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!

All the best,
Jack Venturi

If you have questions about life insurance for motorcycle racing, contact us today, and we will help you at no cost or obligation. We are brokers and work for our clients, not insurance companies. Our job is to help you get the best policy for your needs at the lowest rates possible. 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 selling individual and commercial insurance including Property & Casualty, Health, Disability and Life insurance. Jack has helped thousands of people all across the United States purchase the best life insurance products at the lowest possible premiums over the phone (708)-334-6226 and online.

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