- Nationwide has the cheapest car insurance rates in Minnesota for full coverage at $114 a month among the companies analyzed by the team of CarInsurance.com.
- In Minnesota, drivers with clean driving records pay 49% less than drivers with a DUI.
- The city of Mankato has the lowest auto insurance rates in Minnesota, with an average premium of $1,625 per year.
- You can save up to 28% per year on your car insurance policy in Minnesota by comparing price quotes from multiple insurers.
The cheapest car insurance in Minnesota costs $114 per month for a full coverage policy from Nationwide. That’s a $45 savings from the average cost of insurance in the state, which is $159 a month.
“Drivers looking to get the cheapest insurance premiums in Minnesota should maintain continuous coverage and avoid any lapse. When it comes to shopping for a new insurance company, discounts may be applied if the drivers have maintained continuous coverage, which will help lower the annual premium,” says Lauren McKenzie, senior insurance agent, A Plus Insurance.
To help you find the cheapest rates, CarInsurance.com analyzed rates from multiple auto insurance companies in Minnesota including Geico, Progressive, State Farm and others, so that you can easily compare car insurance rates.
Which company offers the cheapest car insurance in Minnesota?
Nationwide offers the cheapest car insurance rates in Minnesota for a full coverage policy with an average premium of $114 per month or around $1,363 per year, based on CarInsurance.com’s rate analysis.
A full coverage policy includes liability insurance, which is required by law in most states and optional coverage such as comprehensive and collision insurance, which typically have a deductible.
The below table shows the cheapest quotes in Minnesota by different insurance carriers for a full coverage policy.
Cheapest car insurance rates in Minnesota per month
| Company | Full coverage monthly rates |
|---|---|
| Nationwide | $114 |
| State Farm | $127 |
| Travelers | $135 |
| Automobile Club MI (AAA) | $136 |
| Auto-Owners | $141 |
| North Star Mutual | $188 |
| Allstate | $199 |
| GEICO | $208 |
| Western National Mutual | $231 |
| USAA* | $115 |
Note: USAA is only available to military community members and their families.
Who pays a lower insurance premium in Minnesota?
Car insurance quotes vary based on several factors such as your age, location, driving record, credit score, driving habits and vehicle. Some insurance companies may offer cheaper policies for certain types of drivers than others. For instance:
- Married drivers pay 7% less than single drivers.
- Minnesota drivers with clean records pay 49% less than drivers who have a DUI on their records.
- Minnesota drivers in their 20s pay 50% lower rates for insurance than a 16-year-old in Minnesota.
- Adding a teen to your policy will cost you 70% less than having the teen purchase their own auto insurance policy.
- Drivers who are licensed for three or more years pay 33% less on their insurance premiums.
- Drivers insured for three or more years can save up to 25% on their insurance costs.
TipIf you no longer drive regularly or work remotely, you may want to re-evaluate your insurance policy. Drivers with a daily commute of less than 15 miles can save up to 7% for this state more on their premiums.
Cheapest companies for different coverage levels in Minnesota
It’s no secret that car insurance quotes vary drastically from person to person and from company to company. Your car insurance premiums will also vary depending on the coverage level you choose, your driving history and other factors.
In addition to full coverage, there are also liability-only and state minimum policies. Unlike full coverage, liability-only and state minimum policies only cover damage to another driver’s bodily injury and property damage in the event of an accident.
Not all insurers offer the same coverage limits at the same price point. For instance:
- Auto-Owners is the cheapest for a state minimum policy.
- Auto-Owners has the cheapest rates for a liability-only policy (50/100/50).
- Nationwide offers the cheapest car insurance for a full coverage policy (100/300/100) in Minnesota.
The numbers above (100/300/100) represent coverage of up to $100,000 per person for medical bills with a $300,000 cap per accident, as well as up to $100,000 for property damage.
Cheapest companies for state minimum coverage in Minnesota
Minnesota requires all drivers to carry a minimum amount of car insurance, known as the state’s minimum coverage requirements. It means that your policy must include at least:
| Minimum coverage | Minimum limit |
|---|---|
| Minimum bodily injury liability | $30,000/$60,000 |
| Minimum property damage liability | $10,000 |
Read more about the minimum liability car insurance requirements by state
Below are the average annual rates from major insurance companies in Minnesota, ranked from cheapest to the most expensive for the state minimum coverage.
| Company | State minimum annual rates |
|---|---|
| Auto-Owners | $355 |
| North Star Mutual | $374 |
| State Farm | $378 |
| Western National Mutual | $497 |
| GEICO | $498 |
| Automobile Club MI (AAA) | $507 |
| Travelers | $550 |
| Allstate | $585 |
| Nationwide | $672 |
| USAA* | $334 |
Note: USAA is only available to military community members and their families.
Cheapest insurance providers for liability-only coverage in Minnesota
Liability-only coverage will financially protect you up to the specific policy limits for any damage, injuries or deaths resulting from an accident for which you’re responsible.
Here are the average annual rates for liability insurance coverage from major carriers in Minnesota, ranked in the order of the cheapest to the most expensive. The coverage limits for these rates are $50,000 for bodily injury per person, $100,000 for bodily injury per accident and $50,000 for property damage.
| Company | Liability only annual rates |
|---|---|
| Auto-Owners | $383 |
| North Star Mutual | $420 |
| State Farm | $421 |
| Automobile Club MI (AAA) | $553 |
| GEICO | $554 |
| Travelers | $579 |
| Western National Mutual | $581 |
| Allstate | $618 |
| Nationwide | $629 |
| USAA* | $375 |
Note: USAA is only available to military community members and their families.
Cheapest full coverage car insurance in Minnesota
A full-coverage car insurance policy typically includes comprehensive and collision coverage, offering protection against accidents, theft, vandalism and damage from natural disasters.
In an ideal scenario, having full coverage means having a policy that aligns with your income, assets and risk profile. Lenders typically mandate full coverage for individuals financing their vehicles.
The following table lists the average annual rates of major insurance companies in Minnesota from the cheapest to the most expensive. These rates are for a full coverage policy with limits of $100,000 for bodily injury per person, $300,000 for bodily injury per accident and $100,000 for property damage.
| Company | Full coverage annual rates |
|---|---|
| Nationwide | $1,363 |
| State Farm | $1,525 |
| Travelers | $1,618 |
| Automobile Club MI (AAA) | $1,636 |
| Auto-Owners | $1,693 |
| North Star Mutual | $2,257 |
| Allstate | $2,388 |
| GEICO | $2,495 |
| Western National Mutual | $2,769 |
| USAA* | $1,382 |
Note: USAA is only available to military community members and their families.
Learn more about who has the cheapest full coverage auto insurance
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Cheapest car insurance in Minnesota, by driving history
Your driving history affects how much you pay for insurance in Minnesota because insurance companies use it to assess the risk associated with insuring a driver.
Traffic violations such as speeding tickets, DUIs and at-fault accidents demonstrate risky behavior on the road. Insurance companies view these violations as indicators of higher risk and may charge you higher premiums.
A driver with a history of traffic violations pays $768 more annually in Minnesota than an individual with a clean driving record.
Cheap car insurance in Minnesota after a speeding ticket
If you have a speeding ticket on your Minnesota driving record and you are looking for cheap car insurance, State Farm offers the cheapest full-coverage auto insurance for drivers with a speeding ticket, with an average rate of $1,439 per year.
| Company | Rates before speeding | After speeding (1-29 mph over limit) | % difference | $ difference |
|---|---|---|---|---|
| State Farm | $1,311 | $1,439 | 10% | $128 |
| Nationwide | $1,202 | $1,601 | 33% | $399 |
| Auto-Owners | $1,698 | $2,023 | 19% | $325 |
| American Family | $1,582 | $2,049 | 30% | $467 |
| GEICO | $1,588 | $2,472 | 56% | $884 |
| Travelers | $1,691 | $2,592 | 53% | $901 |
| Auto Club Enterprises (AAA) | $2,165 | $2,821 | 30% | $656 |
| Automobile Club of MI (AAA) | $2,248 | $2,918 | 30% | $670 |
| Allstate | $2,616 | $3,656 | 40% | $1,040 |
| USAA* | $1,306 | $1,603 | 23% | $297 |
Note: USAA is only available to military community members and their families.
Cheap car insurance rates after a DUI conviction in Minnesota
CarInsurance.com analyzed insurance rates for Minnesota drivers with DUI convictions and we found that State Farm provides the cheapest car insurance rates at an average annual premium of $1,439. Nationwide is the second-cheapest insurer at an average of $2,011 per year.
A DUI can significantly impact your car insurance costs. On average, drivers with clean records pay 49% less than drivers with a DUI on their record.
| Company | Rates before DUI | Rates after a DUI | % difference | $ difference |
|---|---|---|---|---|
| State Farm | $1,311 | $1,439 | 10% | $128 |
| Nationwide | $1,202 | $2,011 | 67% | $809 |
| American Family | $1,582 | $2,049 | 30% | $467 |
| Travelers | $1,691 | $2,972 | 76% | $1,281 |
| Auto-Owners | $1,698 | $3,220 | 90% | $1,522 |
| Allstate | $2,616 | $4,450 | 70% | $1,834 |
| GEICO | $1,588 | $4,951 | 212% | $3,363 |
| Auto Club Enterprises (AAA) | $2,165 | $6,501 | 200% | $4,336 |
| Automobile Club of MI (AAA) | $2,248 | $6,677 | 197% | $4,429 |
| USAA* | $1,306 | $2,405 | 84% | $1,099 |
Note: USAA is only available to military community members and their families.
Cheap car insurance rates after an at-fault accident in Minnesota
State Farm is the cheapest car insurance company for drivers with a history of at-fault accidents with an annual premium of $1,568.
Nationwide is the second most affordable option, providing full-coverage car insurance with an average annual premium of $1,699.
If you’re found at fault in an accident, it can significantly raise your insurance premiums. Insurance companies view at-fault incidents as a sign of higher risk, leading to higher costs for coverage.
| Company | Rates before accident | Rates after accident | % difference | $ difference |
|---|---|---|---|---|
| State Farm | $1,311 | $1,568 | 20% | $256 |
| Nationwide | $1,202 | $1,699 | 41% | $497 |
| Auto-Owners | $1,698 | $2,161 | 27% | $463 |
| Travelers | $1,691 | $2,488 | 47% | $797 |
| Auto Club Enterprises (AAA) | $2,165 | $2,745 | 27% | $580 |
| GEICO | $1,588 | $2,793 | 76% | $1,206 |
| Automobile Club of MI (AAA) | $2,248 | $2,841 | 26% | $593 |
| Allstate | $2,616 | $4,302 | 64% | $1,686 |
| USAA* | $1,306 | $1,897 | 45% | $591 |
Note: USAA is only available to military community members and their families.
Check out the most affordable insurance options in your neighboring state
Minnesota cities with the lowest auto insurance rates
Where you live significantly impacts your car insurance cost. Insurance companies consider the number and cost of claims in your area to determine the risk of insuring vehicles. Areas with higher accident risks or theft rates tend to have higher premiums to compensate for the increased risk.
Mankato is the city with the lowest premiums in Minnesota at an annual auto insurance rate of $1,625.
Insurance providers rely on statistical data regarding thefts, collisions and vandalism to analyze the likelihood of such incidents occurring in a particular area. Besides driving history, your car model and age play a significant role in determining your insurance premiums.
Find below a list of Minnesota cities with the lowest car insurance rates.
| City | Full coverage annual rates |
|---|---|
| Mankato | $1,625 |
| North Mankato | $1,640 |
| Eyota | $1,662 |
| Moorhead | $1,676 |
| Madison Lake | $1,679 |
| Janesville | $1,687 |
| Owatonna | $1,702 |
| Truman | $1,703 |
| Fairmont | $1,703 |
| Eagle Lake | $1,705 |
Explore the top 10 factors that influence car insurance rates
Average savings on car insurance in Minnesota
If you compare car insurance quotes, you could enjoy an annual saving of around 28% on a full coverage policy in Minnesota.
While the actual savings may differ for each person, comparing price quotes before buying a policy can help you find affordable insurance.
Car insurance discounts in Minnesota: Save on premiums
Car insurance discounts in Minnesota can help you save on car insurance premiums. Insurance companies offer discounts to drivers for safe driving, vehicle safety features and policy bundling. Here are some common car insurance discounts available in Minnesota.
Shop around and compare quotes from different insurance companies to find the best coverage and discounts for your specific needs.
| Discount type | % difference | $ difference |
|---|---|---|
| Air bags | 4% | $90 |
| Anti-theft device | 2% | $37 |
| Daily commute | 8% | $212 |
| Days advanced purchase | 7% | $159 |
| Days per week driven | 7% | $194 |
| Education | 10% | $213 |
| Electronic funds transfer | 5% | $97 |
| Homeowner | 6% | $125 |
| Lower annual mileage | 5% | $104 |
| Loyalty – years renewal with company | 11% | $227 |
| Marital status | 7% | $157 |
| Multi policy | 11% | $239 |
| Paperless/electornic documents | 5% | $99 |
| Payment type | 8% | $177 |
| Primary use | 10% | $238 |
| Profession | 10% | $213 |
| Safety devices | 2% | $43 |
| Telematics | 13% | $181 |
| Years insured | 23% | $995 |
| Years licensed | 32% | $1,395 |
The bottom line on cheap car insurance in Minnesota
Based on our research, if you are a good driver, Nationwide is the cheapest in Minnesota for a full coverage policy.
We know that finding the best and cheapest auto insurance coverage is essential, but so is getting the right amount of protection.
The best way to find affordable car insurance in Minnesota is to know and understand the coverage you need, compare quotes, apply for discounts and maintain a clean driving record. Even if you have tickets or accidents, it’s still possible that the company will offer you a policy at affordable rates.
Resources &Methodology
Methodology
CarInsurance.com commissioned Quadrant Information Services to field rates in 2023 from all the major insurers in nearly every ZIP code of Minnesota for three different coverage levels:
- Full coverage policy with limits 100/300/100, including comprehensive and collision coverage and a $500 deductible.
- Liability-only with limits 50/100/50.
- State-minimum car insurance limits of 30/60/10.
The rates are based on the sample profile of a 40-year-old male and female driving a Honda Accord LX with a clean driving record and a good credit score. We have compared 53,409,632 car insurance quotes from 75 company groups across 34,588 ZIP Codes.
Violations:
Car insurance rates are calculated by evaluating the sample profile of a 40-year-old driver for a full coverage policy with limits 100/300/100, including comprehensive and collision coverage, and a $500 deductible, with the following incidents applied: clean record, at-fault accident, DUI conviction and speeding ticket.
Discounts:
Car insurance discount rates are for a full coverage policy with limits of 100/300/50 and a $500 comprehensive and collision deductible based on the sample profile of a 40-year-old male driver. To gather the data, our data experts compared 2,677,890 insurance quotes across various ZIP Codes.
The rates are for comparison purposes only and your exact rates may vary.
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