For drivers, car insurance rates start to increase around age 65, according to CarInsurance.com data. That’s not surprising. Older drivers have higher crash deaths than drivers between the ages of 35 and 54, according to the Centers for Disease Control and Prevention. CDC data also shows that 20 older adults are killed every day in car crashes.

However, seniors in Minnesota can still find affordable car insurance. Our guide provides tips on securing the cheapest rates for seniors in Minnesota and helps save on auto insurance premiums.

CarInsurance.com Insights
  • The average cost of car insurance for a 65-year-old driver in Minnesota is $1,728 per year for a full coverage policy.
  • According to CarInsurance.com’s research, a 70-year-old driver in Minnesota pays 4% more for full coverage than more for full coverage than a 65-year-old driver.
  • Finding the cheapest car insurance for seniors over 70 becomes more important as rates increases significantly. For instance, a 75-year-old driver in Minnesota pays 15% more more a full coverage policy than a 65-year-old driver.
  • Reviewing and comparing car insurance quotes every six months or at renewal can help you find the most affordable rates.

Cheapest car insurance companies for seniors in Minnesota

Find the cheapest full coverage car insurance rates in Minnesota for drivers of different ages below.

  • Overall cheapest car insurance for seniors over 60: Nationwide, $99 per month.
  • Cheapest for seniors at age 65: Nationwide, $95 per month.
  • Cheapest for seniors at age 70: Nationwide, $98 per month.
  • Cheapest for seniors at age 75: Nationwide, $105 per month.

Compare cheap car insurance quotes for senior drivers in Minnesota

Below are the cheapest Minnesota rates the major car insurance companies offer for three different coverage levels: The state minimum, liability-only coverage with limits of 50/100/50 and full coverage car insurance with liability limits of 100/300/100.

Rates by companies for seniors in Minnesota

Select your age and type of coverage below to see the average annual and monthly rates.

Results for age 60 and the following coverage level: full coverage
Company NameAvg. Annual PremiumAvg. Monthly Premium
 
Coverage types:
  • Full coverage: 100/300/100 liability with $500 comprehensive/collision deductible
  • Liability only: 50/100/50 liability only
  • State minimum: State minimum coverage

State minimum car insurance refers to the least amount of coverage that a driver is legally required to have in a particular state. This typically includes liability insurance, which covers bodily injury and property damage to others if you are at fault in an accident. Each state sets its own minimum requirements for coverage limits.

Liability car insurance with limits of 50/100/50 means:

  • $50,000 per person for bodily injury
  • $100,000 per accident for bodily injury per accident
  • $50,000 per accident for property damage

A liability policy covers expenses for injuries and damages you cause to others in an accident, but not your own injuries or vehicle damage.

Full coverage insurance with limits of 100/300/100 includes higher liability limits:

  • $100,000 per person for bodily injury
  • $300,000 per accident for bodily injury to multiple people
  • $100,000 per accident for property damage

It also typically includes:

Full coverage ensures you are covered for a wide range of incidents, both for your liability to others and for your own vehicle’s damage.

Why do car insurance rates increase for senior drivers in Minnesota?

Insurance rates for older drivers tend to increase due to several factors. Statistics suggest that seniors are more likely to be involved in accidents compared to younger drivers, excluding teen drivers, according to the Insurance Institute for Highway Safety.

Despite decades of driving experience, older drivers face age-related problems like hearing or vision loss, slower reflexes, side effects from medication and other health concerns that make driving more challenging.

The CDC found that drivers older than 70 have higher crash death rates per 1,000 crashes than drivers aged 35-54 and NHTSA statistics show that senior drivers 65 and older were involved in 13% of fatal accidents in 2020, which is up 26% from 2011.

In addition, seniors are more likely to require medical care, even after a less severe accident, and expensive hospital bills will increase the insurance cost.

“Unfortunately, as we move past middle age, the odds of being more severely injured or dying in a car crash increase significantly,” says Carole Walker, executive director at Rocky Mountain Insurance Association.

“Statistically, older drivers have a higher risk of causing a crash, but an even bigger factor adding to higher car insurance bills are common health problems that make them more prone to being hurt and incurring medical bills – even in low-speed or less serious crashes,” she says.

All of this leads to higher car insurance rates. Car insurance premiums go up for most senior drivers in their mid-60s, according to CarInsurance.com data analysis, and then continue to climb. The average car insurance cost for a 65-year-old driver in Minnesota is $1,728 for a full coverage policy. Drivers age 70 pay $1,793 for the same coverage.

In Minnesota, 70-year-old drivers pay 4% more for full coverage than 65-year-olds and 75-year-olds pay 15% more for a full coverage policy, based on CarInsurance.com data.

Find below the annual average rate increases for senior drivers in Minnesota by age and different coverage limits.

Chart
Table
AgeState minimumLiability onlyFull coverage
65$446$484$1,728
70$470$510$1,793
75$543$589$2,035

Coverage types:

  • Full coverage: 100/300/100 liability with $500 comp/coll deductible
  • Liability only: 50/100/50 liability only
  • State minimum: State minimum coverage only

Find out how much insurance costs for seniors

Cheapest car insurance for seniors with tickets in Minnesota

A speeding ticket or other moving violation will increase your insurance premiums regardless of age. Insurers value statistics, and the data show that drivers who have tickets are more likely to be involved in accidents that might lead to claims.

The rate hike will differ between insurance companies, but Minnesota drivers can expect a 39% increase in their premiums after receiving a speeding ticket for driving 1-29 mph over the limit.

Seniors with a speeding ticket or minor moving violation should expect to pay more for coverage. According to our analysis, the best insurance companies for seniors with tickets are mentioned below.

CompanyAnnual rates with 1 speeding ticketMonthly rates with 1 speeding ticket
State Farm$1,430$119
Nationwide$1,585$132
Auto-Owners$1,773$148
Travelers$2,244$187
Auto Club Group – ACG (AAA)$2,924$244
Allstate$3,292$274
GEICO$3,410$284
USAA*$1,569$131

Cheapest car insurance for seniors with DUIs in Minnesota

A DUI is a serious driving violation; your insurance rates will soar once it hits your driving record. In most cases, your insurance premium will double if you have a DUI. According to CarInsurance.com in some states, the increase can be as much as 133% after your first DUI. If you manage to rack up a second DUI, the increase could be as much as 374%.

Finding affordable coverage (or any coverage) will become more difficult after a DUI. Still, according to our data, these are the best insurers for seniors with a DUI in Minnesota:

CompanyAnnual rates with DUI first offenseMonthly rates with DUI first offense
State Farm$1,430$119
Nationwide$2,031$169
Travelers$2,559$213
Auto-Owners$2,838$237
Allstate$4,062$339
GEICO$7,374$615
Auto Club Group – ACG (AAA)$8,399$700
USAA*$2,365$197

Cheapest car insurance for seniors after an accident in Minnesota

Just like a ticket or DUI, having an accident on your driving record will push up your insurance rates. The increase will vary by insurance company but according to our data, drivers should expect their premium to jump 59% with one at-fault accident with property damage over $2,000.

Typically, the premium increase remains for three to five years, making it essential to find an affordable insurer. According to our data, the following companies provide the cheapest car insurance for seniors in Minnesota after an accident.

CompanyAnnual rates with 1 at-fault accidentMonthly rates with 1 at-fault accident
State Farm$1,547$129
Nationwide$1,669$139
Auto-Owners$1,895$158
Travelers$2,169$181
Auto Club Group – ACG (AAA)$3,081$257
GEICO$3,889$324
Allstate$4,061$338
USAA*$2,032$169

How can seniors save on car insurance in Minnesota?

Auto insurance for seniors can be expensive, but there are ways to save. The following are easy ways to reduce your premiums:

  • Shop around: Shopping regularly for car insurance – every six months or yearly around renewal time – can ensure you have the best price.
  • Raise your deductible: Increasing your deductible from $500 to $1,000 can save you a bit of money every month – but make sure you have the necessary funds to cover the higher deductible.
  • Ask about discounts: Discounts – bundling with homeowners insurance, loyalty discounts and discounts for years of being licensed – are a great way to save on your car insurance. More on discounts below.

Tip iconEditor’s Tip:

Take a senior driving course: With an approved defensive driving course, seniors can save up to 10% on their car insurance in Minnesota. The American Automobile Association(AAA) and AARP offer defensive driving courses for senior drivers in Minnesota.

Car insurance discounts for senior drivers in Minnesota

Here are some car insurance discounts to help seniors lower their insurance costs.

Discount typePotential annual savings
Air bags4%
Anti-theft device1%
Daily commute10%
Days advanced purchase7%
Days per week driven9%
Defensive driver10%
Education10%
Electronic funds transfer5%
Homeowner6%
Lower annual mileage5%
Loyalty – years renewal with company11%
Marital status3%
Multi policy11%
Paperless/electronic documents5%
Payment type8%
Primary use12%
Profession10%
Safety devices2%
Telematics13%
Years insured25%
Years licensed34%

Choosing the cheapest and best car insurance for seniors in Minnesota

Senior drivers, except teen drivers, shell out higher premiums than younger adult drivers. If you are looking for an affordable policy, carefully evaluate your needs and decide the amount of coverage to purchase. While shopping for insurance, consider the price, customer service and the discounts they offer.

Find the best auto insurance companies online to see which carrier provides affordable rates and easy-to-use websites or apps.

FAQ: Cheap car insurance for seniors in Minnesota

Collapse allExpand all

Who has the cheapest state minimum auto insurance for seniors in Minnesota?

According to our data, North Star Mutual offers the cheapest state minimum auto insurance for seniors in Minnesota at about $324 a year, on average. State Farm and Auto-Owners also scored high when it comes to cheap state minimum insurance coverage for seniors in Minnesota.

Which companies offer the cheapest liability car insurance for seniors in Minnesota?

North Star Mutual has the cheapest liability car insurance coverage for senior drivers in Minnesota at an average annual premium of $366. State Farm and Auto-Owners also offer cheap liability insurance rates to seniors in Minnesota, based on CarInsurance.com data analysis.

Does State Farm offer a senior discount in Minnesota?

State Farm does not currently offer a senior discount in Minnesota, but it does offer quite a few deals that seniors can use to lower their premiums. This includes discounts for taking a defensive driving course, a safe driving discount, long-term customer, bundling and discounts for advanced safety features on your vehicle.

Bottom line

Nationwide offers the cheapest car insurance quotes for senior drivers in Minnesota for a full coverage policy, based on a CarInsurance.com analysis.

By shopping around and comparing rates online from different insurers, seniors can find the best deal on their car insurance. Additionally, senior drivers could qualify for discounts by taking defensive driving courses or bundling their car insurance with other types of insurance.

Check out how to shop for car insurance for seniors

Resources & Methodology

Additional resources

There are several resources available for older drivers who want to stay safe behind the wheel and save on their insurance premiums:

  1. American Automobile Association: AAA helps senior drivers to continue driving for as long and safely as possible.
  2. AARP (American Association of Retired Persons): AARP’s smart driver program helps senior drivers to learn proven driving techniques and save money on car insurance.
  3. National Institute on Aging: The NIA provides tips to senior drivers about health and driving and offers free publications to aging seniors to answer health-related queries.
  4. Fitness-to-Drive Screening Measure Online: This web-based tool helps family members identify at-risk drivers.
  5. Eldercare Locator: Helps senior drivers maintain their independence, and provides information about highway safety for aging drivers and services.

Sources:

  1. Centers for Disease Control & Prevention. “Older Adult Drivers.” Accessed July 2025.
  2. Insurance Institute for Highway Safety. “Fatality Facts 2021 Older People.” Accessed July 2025.
  3. National Safety Council. “Motor Vehicle: Age Group Comparisons.” Accessed July 2025.
  4. National Highway Traffic Safety Administration “U.S. Department of Transportation’s Fatality Analysis Reporting System (FARS).” Accessed July 2025.

Behind the rates: How we analyzed cheapest costs for seniors in Minnesota

CarInsurance.com gathered car insurance rates for senior drivers from Quadrant Information Services. The rates are for a full coverage policy with limits 100/300/100 and a $500 comprehensive and collision deductible based on sample profiles of 65, 70 & 75 year old male and female drivers with clean driving records. We have compared 53,409,632 car insurance quotes across 34,588 ZIP codes from 170 national and regional car insurance companies.

To determine car insurance rates for senior drivers with a history of traffic violations, CarInsurance.com used a sample profile of a 65-year-old driver who owns a Honda Accord LX. We have compared 50,73,544 insurance quotes from 138 companies across 1,468 ZIP codes.

Car insurance rates are calculated by evaluating the sample profile of a 65-year-old male and female driver with the following incidents applied

  • One at-fault property damage accident over $2K
  • One at-fault property damage accident under $2K
  • At-fault bodily injury accidents
  • DUI/DWI first offense.
  • Speeding ticket (1-10 MPH over the limit,11-29 MPH over the limit & 30+ over limit)

These are sample rates and should only be used for comparison purposes.

Note: USAA is only available to military community members and their families.

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Meet our editorial team
author-img Shivani Gite Contributing Writer
Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions. When not writing, you can find her reading a book or watching anime.
author-img Laura Longero Executive Editor
Laura Longero is an insurance expert with more than 15 years of experience educating people about personal finance topics and helping consumers navigate the complexities of auto insurance. She writes and edits for QuinStreet’s CarInsurance.com, Insurance.com and Insure.com. Prior to joining QuinStreet, she worked as a reporter and editor at the USA Today Network. Laura completed the pre-licensing course in Personal Lines Property & Casualty Insurance in Nevada.