Who Has The Cheapest Motorcycle Insurance Quotes In Minnesota?

Find the Cheapest Insurance Quotes in Your Area

Currently Insured?

The name Minnesota comes from a Dakota word meaning “clear blue water,” which suits the state known as the “Land of a 1,000 Lakes.” Nearly 60% of all of Minnesota’s residents live in the Minneapolis–Saint Paul metropolitan area, but roadways and scenery spanning the state are ideal for motorcycle riding all throughout the state. To see who had the best motorcycle insurance rates in Minnesota, we gathered quotes from four major carriers for a 45-year-old male rider. The policy quoted included bodily injury protection of $100,000 per person/$300,000 per accident and $50,000 in property damage coverage. Our study showed the most expensive place for the sample policy was 66.5% higher than the cost of the cheapest in Minnesota.

Cheapest Motorcycle Insurance In Minnesota

A look at motorcycle insurance rates in Minnesota showed GEICO had the best rates for our sample policy and rider, with an average premium quoted of $160. With rates 57% lower than the Minnesota average, GEICO's rates are much better than those of other companies we sampled. 

A ValuePenguin study found GEICO had the best motorcycle insurance rates in Minnesota for a sample policy and rider.

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Nationwide also had an average annual rate for a sample policy and rider below the Minnesota average. The company's average annual rate of $297 was substantially more than GEICO's, but still well below $371. Dairyland and Progressive both had rates that were much higher than the Minnesota average, at $490 and $539, respectively. Progressive's average motorcycle insurance quote for our sample policy and rider was more than 3x the cost of GEICO's.

Best Motorcycle Insurance Rates In Minnesota: By City

The five places with the cheapest motorcycle insurance rates in Minnesota were all located in the southwest corner of the state. None of them were exceptionally large cities either -– the most populous was Marshall, which has about 14,000 residents. The city with the best motorcycle insurance rates in Minnesota was New Ulm, where premiums were 15.8% lower than the state average.

RankCityAverage Annual Rate% Difference vs State Average
1 New Ulm $313 -15.8%
2 Marshall 313 -15.7%
3 Sleepy Eye 323 -12.8%
4 Tracy 324 -12.7%
5 Windom 325 -12.4%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

New Ulm, MN

The place with the best motorcycle insurance rates in Minnesota was New Ulm, a city in the southern third of the state. It has about 13,500 residents and is home to the Minnesota Music Hall of Fame, Martin Luther College and a local brewing company. Those who call New Ulm home also enjoy a number of local parks and a civic center. Motorcycle insurance rates in New Ulm are the most affordable in the state, according to our study. Quotes for our sample policy were 15.8% lower than the Minnesota average.

Marshall, MN

Marshall is a city in Lyon County, which is in the southwest corner of Minnesota. It has roughly 13,700 residents. Although small, the city is home to the headquarters of Schwan Food Company, a privately-owned business that employs 14,000 workers and includes retail food sales, food service and other divisions. The city also is home to Southwest Minnesota University and has cheap motorcycle insurance rates. Premiums for our sample property were 15.7% lower than the state average, placing Marshall with the second cheapest rates for insuring a motorcycle in Minnesota.

Sleepy Eye, MN

Adjacent to Sleepy Eye Lake in southern Minnesota is the city of Sleepy Eye. The city was named after Chief Sleepy Eye, who led four Sioux tribes and was chosen to meet with U.S. President James Monroe. Camping and other outdoor attractions are popular pursuits for locals and visitors to the area. Sleepy Eye took the third spot with some of the lowest motorcycle insurance rates (12.8% lower compared to the state average).

Tracy, MN

Tracy is another city in Minnesota that has some of the best motorcycle insurance rates and is located in Lyon County. Approximately 2,300 people live in Tracy and enjoy its specialty shops and an aquatic center that also attracts visitors. Fishing, hunting and biking are popular in the city and an annual soap box derby every Labor Day is yet another sight that draws visitors to Tracy. Motorcycle insurance rates in Tracy were 12.7% lower than the Minnesota average.

Windom, MN

The city of Windom has about 4,700 residents and is the seat of Cottonwood County in southwestern Minnesota. The Des Moines River flows through the city making it a favorable spot for canoeing and other outdoor pursuits. An annual event called Riverfest takes places every year and is a celebration of arts, music, and the city. Motorcycle insurance premiums in Windom were 12.4% lower than the Minnesota average, rounding out our five most affordable places in Minnesota.

Most Expensive Motorcycle Insurance In Minnesota

The five places in Minnesota with the most expensive motorcycle insurance rates include and are located near the Twin Cities, Minneapolis and Saint Paul. They are also relatively larger cities in comparison to the five cheapest cities. The two places with the most expensive motorcycle insurance in Minnesota were Minneapolis and Saint Paul, where premiums were 40.5% higher than the state average. 

RankCityAverage Annual Rate% Difference vs State Average
1 Minneapolis $521 40.5%
2 Saint Paul 521 40.5%
3 Stillwater 444 19.7%
4 Bloomington 440 18.5%
5 Chaska 440 18.5%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Minneapolis, MN

The place with the most expensive motorcycle insurance rates in Minnesota was Minneapolis. The city of Minneapolis is the largest of the Twin Cities and is part of a metropolitan area with more than 3.8 million residents. It is at the confluence of the Mississippi River and the Minnesota River and is located across from the state’s capital, Saint Paul. Minneapolis is the second largest business center in the Midwest, behind Chicago, and is home to the headquarters of a number of Fortune 500 companies, including Target. Motorcycle insurance rates in Minneapolis were the least affordable in Minnesota. Quotes for our sample motorcycle insurance policy were 40.5% higher than the state average.

Saint Paul, MN

Minnesota’s capital, Saint Paul, is the other Twin City and also has expensive motorcycle insurance rates. In fact, the sample motorcycle insurance policy in Saint Paul also was 40.5% higher than the Minnesota average. It lies on the east bank of the Mississippi River and the point of confluence with the Minnesota River. Saint Paul has about 300,000 residents and has been called the “hockeytown” of the U.S. 

Stillwater, MN

On the west bank of the St. Croix River is the city of Stillwater. It has a historic downtown and a rich history as a stop for riverboats and commerce. The city also has been named one of “America’s Most Picturesque Small Towns.” Motorcycle insurance premiums in Stillwater were 19.7% higher than the state average. 

Bloomington, MN

Bloomington is the fourth-largest city in Minnesota and one of the largest suburbs of Minneapolis, with more than 86,000 residents. The Mall of America, the largest shopping mall in the U.S., is located in Bloomington. Motorcycle insurance rates in Bloomington were 18.5% higher than the state average.

Chaska, MN

The city of Chaska has a population of about 23,000 people and is 27 miles outside of downtown Minneapolis. It is on the west bank of the Minnesota River and has some standout pop culture references -– characters from the movie “Fargo” are from Chaska and Johnny Cash mentions the city in one of his songs. Motorcycle insurance rates in Chaska were also 18.5% higher than the Minnesota average.

Average Motorcycle Insurance Rates In Minnesota: By City

This comparative study of motorcycle insurance premiums in Minnesota was done by gathering and analyzing quotes from five major carriers across 109 municipalities and census-designated places. Our analysis showed premiums quoted for the most expensive place were 66.5% more than the cheapest.

A ValuePenguin study showed the average cost of motorcycle insurance in Minnesota was $371.

Study Methodology

Our study analyzed motorcycle insurance quotes for a sample policy and rider across 109 municipalities and census-designated places in the state of Minnesota. The quotes we gathered were from four major carriers—Progressive, Nationwide, GEICO and Dairyland. The rider we gathered quotes from was a 45-year-old male who was married and had completed a motorcycle training course. He also had a clean driving record. The policy itself included bodily injury protection $100,000 per person/$300,000 per accident and $50,000 in property damage coverage. The deductibles for both Comprehensive and Collision coverage were $500.

The motorcycle used when gather quotes was a Harley Davidson Street Glide (1690cc) with no anti-theft device installed.

RankCityAverage Annual Rate% Difference vs State Average
24 Aitkin $344 -7.2%
48 Albany 361 -2.8%
42 Albert Lea 357 -3.8%
6 Alexandria 328 -11.6%
47 Annandale 361 -2.8%
74 Anoka 382 3.0%
50 Austin 363 -2.2%
34 Bemidji 351 -5.4%
17 Benson 342 -7.8%
75 Blaine 384 3.5%
103 Bloomington 440 18.5%
95 Brainerd 416 12.1%
72 Brooklyn Park 378 1.8%
99 Buffalo 420 13.1%
76 Burnsville 384 3.5%
51 Caledonia 363 -2.2%
59 Cambridge 367 -1.2%
100 Cannon Falls 420 13.1%
77 Chanhassen 384 3.5%
104 Chaska 440 18.5%
91 Clarissa 411 10.9%
89 Cloquet 401 8.0%
60 Cokato 367 -1.2%
96 Coon Rapids 417 12.3%
78 Cottage Grove 384 3.5%
86 Crookston 392 5.6%
90 Duluth 401 8.0%
105 Eden Prairie 440 18.5%
84 Elbow Lake 388 4.5%
87 Ely 392 5.6%
38 Fairmont 351 -5.4%
101 Faribault 420 13.1%
18 Fergus Falls 342 -7.8%
79 Forest Lake 384 3.5%
92 Frazee 411 10.9%
70 Fulda 374 0.8%
61 Glencoe 367 -1.2%
88 Glenwood 395 6.5%
25 Grand Marais 345 -7.1%
35 Grand Rapids 351 -5.4%
85 Granite Falls 388 4.5%
106 Hastings 440 18.5%
36 Hibbing 351 -5.4%
97 Howard Lake 418 12.8%
62 Hutchinson 367 -1.2%
26 International Falls 345 -7.1%
8 Jackson 329 -11.3%
31 Jordan 349 -6.0%
52 La Crescent 363 -2.2%
63 Litchfield 367 -1.2%
56 Little Falls 365 -1.6%
32 Long Prairie 349 -5.8%
7 Luverne 329 -11.4%
64 Mankato 367 -1.2%
2 Marshall 313 -15.7%
39 Melrose 352 -5.2%
65 Milaca 367 -1.2%
108 Minneapolis 521 40.5%
19 Minneota 342 -7.8%
Minnesota Average 371 0.1%
20 Montevideo 342 -7.8%
37 Moose Lake 351 -5.4%
41 Mora 355 -4.2%
9 Mountain Lake 329 -11.3%
66 New Prague 367 -1.2%
1 New Ulm 313 -15.8%
45 New York Mills 358 -3.4%
46 North Branch 361 -2.8%
21 Ortonville 342 -7.8%
80 Osseo 384 3.5%
58 Owatonna 366 -1.3%
27 Park Rapids 345 -7.1%
16 Parkers Prairie 340 -8.3%
67 Paynesville 367 -1.2%
43 Perham 358 -3.6%
49 Pine City 363 -2.2%
22 Pipestone 343 -7.7%
53 Preston 363 -2.2%
68 Princeton 367 -1.2%
81 Prior Lake 384 3.5%
55 Red Wing 364 -1.8%
54 Rochester 363 -2.2%
69 Saint Cloud 369 -0.6%
10 Saint James 329 -11.3%
109 Saint Paul 521 40.5%
23 Sauk Centre 344 -7.3%
82 Savage 384 3.5%
83 Shakopee 384 3.5%
11 Slayton 338 -9.0%
3 Sleepy Eye 323 -12.8%
33 Staples 351 -5.5%
107 Stillwater 444 19.7%
29 Thief River Falls 346 -6.9%
13 Tower 340 -8.4%
4 Tracy 324 -12.7%
14 Two Harbors 340 -8.4%
12 Tyler 338 -8.9%
98 Victoria 419 13.0%
30 Virginia 346 -6.9%
93 Waconia 411 10.9%
40 Wadena 352 -5.0%
15 Walker 340 -8.4%
73 Wayzata 378 1.8%
102 White Bear Lake 431 16.2%
28 Willmar 345 -7.0%
5 Windom 325 -12.4%
44 Winona 358 -3.6%
94 Winsted 411 10.9%
71 Woodbury 378 1.8%
57 Worthington 366 -1.5%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Comments and Questions