Plymouth Rock Assurance reached agreement today to expand its investment in the motorcycle insurance segment with the acquisition of Rider Insurance Company, subject to regulatory approvals. A New Jersey-based motorcycle insurance carrier with $21 million in annual premiums, Rider Insurance was founded by a motorcycle enthusiast and has been committed to protecting fellow riders for nearly 50 years.
“Plymouth Rock has always been interested in expanding our presence in the motorcycle line of business,” said Gerry Wilson, President and CEO of the Plymouth Rock Management Company of New Jersey. “Rider Insurance has a strong reputation within the riding community