- Among the companies analyzed by CarInsurance.com, Nationwide stands out as the cheapest option for full coverage car insurance in Minnesota, with an insurance premium of $114 per month.
- Drivers in Minnesota with a clean record pay 49% less for premiums compared to those with a DUI.
- The city with the lowest car insurance rates in Minnesota is Mankato, with an annual premium of $1,625.
- Minnesota drivers can save up to 28% annually on their auto insurance policy by comparing price quotes from multiple carriers.
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 rates in Minnesota?
Based on data analysis by CarInsurance.com, Nationwide provides the cheapest full coverage auto insurance rates for Minnesota drivers at a monthly rate of $114 or $1,363 a year.
A full coverage policy bundles liability insurance, which is required by most states, with optional coverages like comprehensive and collision. These additional coverages come with a deductible, meaning you’ll have to pay a set amount out-of-pocket before your insurance kicks in.
Find out which insurance company offers the cheapest car insurance rates for full coverage in Minnesota.
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.
Minnesota drivers who pay lower insurance premiums
Car insurance rates can differ due to various factors, including age, location, driving history, credit score and the type of vehicle you own. Some insurers may offer cheaper rates for certain types of drivers compared to others.
- Married drivers pay 7% less than single drivers.
- Minnesota drivers with clean records pay 49% less than drivers who have a DUI on their record.
- 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 Minnesota companies for different coverage levels
Full coverage car insurance provides comprehensive protection for your vehicle. It typically includes liability coverage, collision coverage and comprehensive coverage, which safeguards against many incidents beyond accidents, such as theft or natural disasters.
There are cheaper options, such as liability-only and state minimum policies. These types of insurance only provide coverage for the other party in an at-fault accident up to the limits of the policy.
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 up to $100,000 for medical bills per person, with a $300,000 cap per accident and up to $100,000 to repair other drivers’ cars and property that you damage.
Cheapest state minimum coverage in Minnesota
State laws require all drivers to maintain a minimum level of car insurance coverage, also known as the state’s minimum coverage requirements. In Minnesota, you must have at least the following insurance coverage on your car.
| 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, you’ll see average annual rates for major insurance providers in Minnesota, ranked from cheapest to most expensive for 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 car insurance companies in Minnesota for full coverage
Full coverage car insurance provides comprehensive protection for your vehicle. It typically includes liability coverage, collision coverage and comprehensive coverage, which safeguards against many incidents beyond accidents, such as theft or natural disasters.
When it comes to car insurance, it’s important to have coverage that fits your income, assets and risk profile. If you’re financing your vehicle, your lender will likely require you to purchase a full coverage auto insurance policy.
The table below lists major insurance providers in Minnesota based on the average annual cost for a full coverage policy with limits of $100,000/$300,000 bodily injury, $100,000 property damage and $500 comprehensive/collision deductibles.
| 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.
Cheapest car insurance in Minnesota after a DUI conviction
State Farm offers the cheapest car insurance to Minnesota drivers with a DUI conviction at $1,439 per year and Nationwide has the second-cheapest insurance premiums at $2,011 a year, based on recent data.
Drivers with clean driving records can expect to pay an average of 49% less than those with a history of DUI.
| 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 in Minnesota after an at-fault accident
If you’re a driver with an at-fault accident on your record, State Farm is the cheapest option, offering car insurance at an average cost of $1,568 annually.
Nationwide is the second most affordable option, providing full-coverage insurance to drivers with a history of at-fault accidents at an average cost of $1,699.
If you’re accountable for an accident, it can significantly affect your insurance premiums, as insurance companies see at-fault incidents as a sign of higher risk, leading to increased 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 |
Final thoughts on cheap car insurance in Minnesota
Our research shows that Nationwide has the cheapest full coverage car insurance rates in Minnesota for individuals with a good driving record.
We understand that finding affordable car insurance is important, but it’s also crucial to ensure you have enough coverage for adequate financial protection.
To get cheap car insurance in Minnesota, first, figure out what coverage you need. Then, compare prices from different companies. Look for discounts and try to keep your driving record clean. Even if you’ve had tickets or accidents, you might still find a company that offers you a good deal.
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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