The Most Expensive Town in Wisconsin to Insure Your Motorcycle is ... Not Where You'd Expect

WAUWATOSA - If you're a 45-year-old man, who is married and with a clean driving record, the most expensive place in Wisconsin to have your bike insured - a Harley Davidson Street Glide (1690cc) - is Wauwatosa.

That's what Valuepenguin - a research-based personal finance company - says after they conducted a statewide motorcycle insurance study. They looked at 71 municipalities and got quotes from The policy quoted from Progressive, Nationwide, GEICO and Dairyland. The policy included bodily injury protection of $100,000 per person/$300,000 per accident and $50,000 in property damage coverage.

What they said about Wauwatosa:

The city has more than 46,000 residents and is along the Menomonee River. In the 1950s, Harley-Davidson and Briggs & Stratton built large manufacturing plants nearby and since then, the city can become an edge city for Milwaukee. It is home to many retail businesses and is just north of the Milwaukee County Zoo. Motorcycle insurance rates in Wauwatosa were 34.9% higher than the state average.

Rank Municipality Rate/Yr Compared to State Avg.

Cheapest:

Ashland

$415 per year

-16.3% less than state average.

Most Expensive:

Wauwatosa

$669 per year

34.9% greater than the state average.

Milwaukee Area:

24 Brookfield

$ 465 per year.

-6.2% less than the state average.

59 Glendale

535 per year.

7.8% Greater than the state average.

50 Greenfield

522 per year.

5.2% Greater than the state average.

10 Hudson

441 per year.

-11.1% less than the state average.

58 Menomonee Falls

533 per year.

7.4% Greater than the state average.

69 Milwaukee

615 per year.

24.0% Greater than the state average.

22 Muskego

461 per year.

-7.0% less than the state average.

28 Oak Creek

480 per year.

-3.2% less than the state average.

41 Port Washington

514 per year.

3.7% Greater than the state average.

68 Racine

582 per year.

17.2% Greater than the state average.

62 Waukesha

540 per year.

8.9% Greater than the state average.

71 Wauwatosa

669 per year.

34.9% Greater than the state average.

70 West Allis

623 per year.

25.6% Greater than the state average.

Study Methodology

Our study analyzed motorcycle insurance quotes for a sample policy and rider across 71 municipalities and census-designated places in the state of Wisconsin. 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.

Image Credit : Christopher Page from Indianapolis, USA - More Ed- Under creative commons licensing law.