Who Has The Cheapest Motorcycle Insurance In Minnesota?
Progressive has the best cheap motorcycle insurance in Minnesota, at $17 per month, on average.
Compare Motorcycle Insurance Quotes in Minnesota
Best motorcycle insurance in Minnesota
To find the best and cheapest motorcycle insurance in Minnesota, ValuePenguin reviewed quotes from seven insurance companies across 40 of Minnesota's largest cities.
Our experts ranked each company based on customer satisfaction, cost, coverage options and discounts.
Average rates are for full coverage, which has higher liability limits than Minnesota's state insurance requirement. The quotes also include comprehensive and collision coverage. Full methodology.
Cheapest motorcycle insurance companies in Minnesota
At $17 per month on average, Progressive sells the cheapest motorcycle insurance in Minnesota.
The average cost of a motorcycle insurance policy in Minnesota is $28 per month. That makes Progressive's motorcycle insurance about 40% cheaper than the state average.
Compare Motorcycle Insurance Quotes in Minnesota
At $18 per month, Harley-Davidson is also a cheap choice. And both Progressive and Harley-Davidson have several discounts to help you get an even lower rate.
Cheapest motorcycle insurance companies in Minnesota
Company | Monthly rate | ||
|---|---|---|---|
| Progressive | $17 | |
| Harley-Davidson | $18 | |
| Dairyland | $28 | |
| Geico | $30 | |
| Allstate | $32 | |
Best motorcycle insurance for most riders: Progressive
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Monthly rate
$17 ?
Pros and cons
Progressive's cheap rates and good coverage make it the best motorcycle insurance for more riders in Minnesota.
A motorcycle insurance policy from Progressive costs an average of $17 per month in Minnesota. That's $10 cheaper per month than the state average.
Progressive's policies automatically include extra coverage like full replacement cost coverage for your motorcycle, which pays for the full cost to repair damage to your motorcycle, and coverage for accessories and custom parts, which includes coverage for things like a custom seat or fenders. Other companies offer these options, but only at an additional cost. Progressive's robust policy gives you more coverage for a cheaper rate.
Progressive has some of the best customer service in Minnesota. The company gets fewer than half of the complaints expected for its size, according to the National Association of Insurance Commissioners (NAIC).
But Progressive doesn't offer rental reimbursement coverage. That means if your motorcycle is damaged or totaled, you won't get money to help pay for a rental. If you ride your motorcycle often or use it as your primary mode of transportation, Progressive may not be the best choice.
Best motorcycle insurance for discounts: Harley-Davidson
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Monthly rate
$18 ?
Pros and cons
Harley-Davidson has plenty of discounts on top of its already low rates.
You might be able to save by having a motorcycle endorsement on your license, if you've never filed a motorcycle insurance claim and if your motorcycle has anti-theft devices. There's also a discount if you're a military member or law enforcement officer.
Unlike many other companies, Harley-Davidson doesn't sell auto or home insurance. That means you won't be able to bundle your motorcycle insurance with your other policies. If you prefer to keep all your insurance with one company, Harley-Davidson isn't a good option.
In Minnesota, Harley-Davidson sells motorcycle insurance through Sentry Select. The company has good customer satisfaction, with fewer complaints than expected, according to the NAIC.
Best for long trips: Allstate
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Monthly rate
$32 ?
Pros and cons
Allstate offers coverage for trailers, making it a good choice if you travel with your motorcycle.
The company's optional trailer coverage pays for the damage that happens to your motorcycle trailer during a crash or other disaster. Other companies offer this coverage but are more expensive than Allstate.
Allstate has higher-than-average rates for motorcycle insurance in Minnesota. An Allstate motorcycle policy is $4 more each month compared to the state average. But it might be worth it to pay more if you need coverage for your trailer.
Allstate has several discounts to help you get a lower rate. You might save if you haven't had any accidents or tickets, if your motorcycle has anti-lock brakes and if you pay your policy in full. Signing up for automatic payments can also save you money if you would rather pay monthly.
Minnesota motorcycle insurance costs by city
Motorcycle riders in Saint Paul, MN pay some of the highest rates in the state.
Rates in the city are 41% higher than the state average. Minneapolis riders also pay more for motorcycle insurance, with rates 37% higher than average. That's likely because of the higher traffic levels in cities, which makes it more likely that riders will be involved in crashes. Riders in smaller cities like Alexandria and Fergus Falls pay lower rates.
City | Monthly cost | % from average |
|---|---|---|
| Albert Lea | $26 | -5% |
| Alexandria | $25 | -9% |
| Anoka | $28 | 2% |
| Austin | $26 | -5% |
| Bemidji | $26 | -6% |
Minnesota motorcycle insurance requirements
Minnesota requires motorcycle riders to have at least a minimum amount of liability coverage to legally ride. The limits are often written as 30/60/10.
- Bodily injury liability: $30,000 per person and $60,000 per accident
- Property damage liability: $10,000 per accident
- Uninsured and underinsured motorists coverage: $25,000 per person and $50,000 per accident
In Minnesota, personal injury protection (PIP) coverage isn't required for motorcycles like it is for cars. But you might want to add it to your policy so you are covered for your injuries after an accident. PIP also covers lost wages, if you can't work after a motorcycle crash.
If you have a loan or lease on your motorcycle, you'll also be required to carry comprehensive and collision coverage. This is sometimes called "full coverage."
Frequently asked questions
How much does it cost to insure a motorcycle in Minnesota?
Motorcycle insurance costs an average of $28 per month in Minnesota. But you can often find a lower rate by shopping around and using discounts.
Who has the lowest motorcycle insurance rates in Minnesota?
The cheapest motorcycle insurance in Minnesota is from Progressive. The company's average rate is $17 per month, $10 cheaper than the state average. At $18 per month on average, Harley-Davidson is also a cheap option. And both companies have several discounts to help you save even more.
Does Minnesota require motorcycle insurance?
Yes, you are required to have motorcycle insurance to ride legally in Minnesota. You have to buy a policy with at least $30,000 in bodily injury coverage per person and $60,000 in bodily injury coverage per accident. You also need at least $10,000 in property damage liability coverage, as well as $25,000 per person and $50,000 per accident for uninsured and underinsured motorists coverage. You do not need to add personal injury protection like you do when you insure a car in Minnesota.
Compare motorcycle insurance in Minnesota vs other states
Methodology
To find the best and cheapest motorcycle insurance in Minnesota, ValuePenguin gathered 280 quotes from 40 cities across the state. The quotes are for a 45-year-old man who is not married and who owns a 2018 Honda CMX500 Rebel.
Average rates are for full coverage. This includes higher liability limits than the state minimum requirements, as well as comprehensive and collision coverage.
- Bodily injury liability: $50,000 per person and $100,000 per accident
- Property damage liability: $25,000 per accident
- Uninsured and underinsured motorist bodily injury: $50,000 per person and $100,000 per accident
- Uninsured and underinsured motorist property damage: $25,000 per accident
- Medical payments: $5,000
- Comprehensive and collision deductible: $500
Other sources include the Minnesota Commerce Department and the Minnesota Office of Traffic Safety.
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