Who Has The Cheapest Motorcycle Insurance In Minnesota?
Progressive has the best cheap motorcycle insurance in Minnesota, at $17 per month, on average.
Find Cheap Motorcycle Insurance Quotes in Minnesota
Best cheap motorcycle insurance in MN
How we chose the top companies
Cheapest motorcycle insurance companies in Minnesota
Progressive sells the cheapest motorcycle insurance in Minnesota.
At $17 per month, a full coverage policy from Progressive is around one-third less than the statewide average.
Find Cheap Motorcycle Insurance Quotes in Minnesota
The average cost of a motorcycle insurance policy in Minnesota is $27 per month, which is 16% less than the national average.
Cheapest motorcycle insurance quotes in Minnesota
Company | Monthly rate | ||
|---|---|---|---|
| Progressive | $17 | |
| Harley-Davidson | $18 | |
| Dairyland | $28 | |
| Geico | $30 | |
| Allstate | $32 | |
| Nationwide | $35 | |
Best motorcycle insurance for most people: Progressive
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Editor's rating
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Cost: $17/month
Overview
Pros/cons
Progressive's cheap rates and good coverage make it the best choice for most riders in Minnesota.
Overview
Progressive's cheap rates and good coverage make it the best choice for most riders in Minnesota.
Pros/cons
Pros:
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Cheapest rates in Minnesota
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Good customer service
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Automatically includes extra coverage
Cons:
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No rental reimbursement coverage
Progressive's cheap rates and good coverage make it the best choice for most riders in Minnesota.
Pros:
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Cheapest rates in Minnesota
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Good customer service
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Automatically includes extra coverage
Cons:
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No rental reimbursement coverage
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 full coverage policies automatically include extra coverage.
For example, you get $3,000 of coverage for accessories and custom parts, which includes 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.
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 use your motorcycle to commute or run errands and can't afford a rental car, Progressive may not be the best option.
Progressive has some of the best customer service in Minnesota. The company gets 60% fewer complaints than an average company its size. That means you can depend on Progressive to get your life back to normal quickly after an accident.
Best motorcycle insurance discounts: Harley-Davidson
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Editor's rating
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Cost: $18/month
Overview
Pros/cons
Harley-Davidson has plenty of discounts on top of its already low rates, so it may be the cheapest option for some people.
Overview
Harley-Davidson has plenty of discounts on top of its already low rates, so it may be the cheapest option for some people.
Pros/cons
Pros:
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Affordable quotes
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Lots of discounts and extra coverages
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Offers rental reimbursement
Cons:
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Numerous customer complaints
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Can't bundle with auto or home
Harley-Davidson has plenty of discounts on top of its already low rates, so it may be the cheapest choice for some people.
Pros:
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Affordable quotes
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Lots of discounts and extra coverages
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Offers rental reimbursement
Cons:
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Numerous customer complaints
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Can't bundle with auto or home insurance
Full coverage motorcycle insurance from Harley-Davidson costs an average of $18 per month in Minnesota. That's only $1 per month more than the cheapest company, Progressive.
However, Harley-Davidson offers lots of ways to lower your insurance bill with discounts.
Some are very easy to get, like a discount for passing a test to get a motorcycle endorsement on your license. You can also save if you've never filed a motorcycle insurance claim or your motorcycle has an alarm system. There's also a discount if you're a military member or law enforcement officer. If you qualify for multiple discounts with Harley-Davidson, it may end up being the cheapest company for you.
Harley-Davidson also offers lots of ways to customize your policy with extra coverage. Unlike Progressive, Harley-Davidson offers rental reimbursement. So, if your motorcycle is your main vehicle and you would struggle to pay for a rental car after a crash, Harley-Davidson may be the best choice for you.
Unlike many other companies, Harley-Davidson doesn't sell auto or home insurance. That means you can't bundle your motorcycle insurance with your other policies. If you prefer to keep all your insurance with one company, Progressive is a better option.
The biggest downside to choosing Harley-Davidson is its high number of customer complaints. Most complaints are about the company's lengthy claims process. That means Harley-Davidson may take longer to fix your motorcycle after an accident.
Best for military riders: USAA
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Editor's rating
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Cost: $16/month
Overview
Pros/cons
USAA offers the absolute cheapest rates to Minnesota riders with military ties.
Overview
USAA offers the absolute cheapest rates to Minnesota riders with military ties.
Pros/cons
Pros:
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Cheapest quotes for military riders
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Full coverage includes extra protection
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Few customer complaints
Cons:
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Only available to military members, veterans and some of their family members
USAA offers the absolute cheapest rates to Minnesota riders with military ties.
Pros:
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Cheapest quotes for military riders
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Full coverage includes extra protection
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Few customer complaints
Cons:
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Only available to military members, veterans and some of their family members
USAA is an excellent choice for military riders because it offers the best combination of cheap rates, helpful coverage and good customer service.
USAA doesn't sell its own motorcycle insurance — instead it partners with Progressive, which gives USAA members a 5% discount.
Progressive already has the cheapest rates in Minnesota. After applying the 5% discount for USAA members, it costs an average of $16 per month. That's 41% cheaper than the Minnesota average.
In addition, Progressive's full coverage policy comes with extra protection, which means you're getting more coverage at a lower price.
However, only military members, veterans and some of their family members can take advantage of this discount.
Minnesota motorcycle insurance costs by city
St. Paul has some of the highest motorcycle insurance rates in Minnesota.
At $38 per month, rates in St. Paul are 43% higher than the state average. Minneapolis riders also pay more for motorcycle insurance, with rates 38% higher than average. That's likely because of the higher traffic levels in cities, which make accidents more likely.
Riders in smaller cities like St. Cloud, Mankato and Austin have much cheaper rates, at just $25 per month, on average.
Cost of motorcycle insurance in Minnesota by city
City | Monthly cost | % from average |
|---|---|---|
| Albert Lea | $25 | -6% |
| Alexandria | $24 | -11% |
| Anoka | $27 | 3% |
| Austin | $25 | -6% |
| Bemidji | $25 | -7% |
Minnesota motorcycle insurance requirements
Minnesota requires motorcycle owners to have a minimum amount of liability coverage to legally ride, often written as 30/60/10.
Unlike with auto insurance, you aren't required to have uninsured and underinsured motorist coverage.
- Bodily injury liability: $30,000 per person and $60,000 per accident
- Property damage liability: $10,000 per accident
Minnesota riders aren't required to have personal injury protection (PIP) coverage. This is different from car insurance in the state, which must include at least $40,000 of PIP coverage.
However, you might want to add PIP coverage or medical payments coverage to your policy so your insurance company will help pay your medical bills after an accident. PIP also covers lost wages if you can't work after a crash.
If you have a loan or lease on your motorcycle, your lender will typically require comprehensive and collision coverage. These coverages pay for damage to your bike after an accident, regardless of whose fault it is. This is sometimes called "full coverage."
Frequently asked questions
How much is motorcycle insurance in Minnesota?
Motorcycle insurance costs an average of $27 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?
Progressive offers the cheapest motorcycle insurance in Minnesota. The company's average rate is $17 per month, $10 per month cheaper than the state average. Progressive also offers several discounts to help you save even more.
Is motorcycle insurance required in Minnesota?
Yes, you must have a minimum amount of 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 per accident. You also need at least $10,000 in property damage liability coverage. You do not need to add personal injury protection like you do when you insure a car in Minnesota.
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
The ValuePenguin team has a combined total of more than 50 years' experience in the property and casualty insurance industry.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.