Who Has The Cheapest Motorcycle Insurance In Wyoming?
Harley-Davidson offers the cheapest rate for motorcycle insurance in Wyoming, at $13 per month.
Find Cheap Motorcycle Insurance Quotes in Wyoming
Best cheap motorcycle insurance in WY
Cheapest motorcycle insurance companies in Wyoming
Harley-Davidson is the cheapest motorcycle insurance company in Wyoming, at $13 per month.
That's less than half the statewide average of $27 per month and $1 per month less than Dairyland, the second-cheapest option.
Cheapest insurance companies
Compare Motorcycle Insurance Quotes in Wyoming
Cheapest motorcycle insurance companies in Wyoming
Company | Monthly rate | ||
|---|---|---|---|
| Harley-Davidson | 3.5 out of 5 | $13 | |
| Dairyland | 3.5 out of 5 | $14 | |
| Progressive | 4.0 out of 5 | $20 | |
| Geico | 2.5 out of 5 | $25 | |
| Allstate | 2.5 out of 5 | $34 | |
| Nationwide | 1.5 out of 5 | $54 | |
Best for most people: Progressive
Lowest rates: Harley-Davidson
Best for veterans: USAA
Wyoming motorcycle insurance rates by city
Mills is the most expensive major city in Wyoming for motorcycle insurance, at $29 per month.
That's only about 9% more expensive than the state average. As a flat, relatively sparsely populated state, Wyoming has relatively consistent prices statewide. Living in larger cities with more traffic, hilly roads or lots of motorcycle theft can drive up rates.
Average motorcycle insurance cost in WY by city
City | Monthly cost | % from average |
|---|---|---|
| Afton | $25 | -6% |
| Bar Nunn | $28 | 5% |
| Buffalo | $25 | -6% |
| Casper | $28 | 5% |
| Cheyenne | $28 | 5% |
Wyoming motorcycle insurance requirements
Riders in Wyoming need to prove "financial responsibility" before riding a motorcycle on public roads. That means riders have to prove that they can afford to foot the bill for any damage or injuries they cause.
There are three ways to prove financial responsibility in Wyoming:
- Purchase a motorcycle insurance policy that meets the state liability requirements.
- Purchase a bond with a surety company.
- Make a cash deposit with the state treasurer.
Riders who choose to carry motorcycle insurance need at least the following amount of liability coverage:
Coverage | Limits |
|---|---|
| Bodily injury liability (per person) | $25,000 |
| Bodily injury liability (per accident) | $50,000 |
| Property damage liability | $20,000 |
Although you are only required to have the minimum limits, we strongly suggest you purchase more coverage if you can afford it.
Compare motorcycle insurance in Wyoming vs. other states
Methodology
ValuePenguin collected quotes across 36 of the largest cities in Wyoming from six top motorcycle insurance companies in the state. Quotes are for a 45-year-old single man who owns a 2018 Honda CMX500 Rebel.
Rates are for a full coverage policy. It includes higher liability limits than the state requirement, collision coverage and comprehensive 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 of experience in the property and casualty insurance industry.
About the Author
Lead Writer
Matt Timmons is a Lead Writer on the insurance team at ValuePenguin, where he writes in-depth and timely pieces helping find the right coverage for them.
He's covered insurance at ValuePenguin since 2018, specializing in auto and home insurance, as well as life insurance. He's paid special attention to the EV insurance market, where prices are much higher than for gas cars.
Before he started writing about personal finance, Matt wrote about professional skills and online tools at an e-learning company.
How insurance helped Matt
During freshman orientation in college, Matt's iPod was stolen off his table while he was eating lunch. Luckily, he'd bought a college insurance plan the day before and he had money to buy a replacement before classes started.
Expertise
- Auto insurance
- Home insurance
- Insurance rate analysis
- Life insurance
Referenced by
- CNBC
- Miami Herald
- Yahoo! Finance
Education
- BA, Wesleyan University
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.
