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.
CarInsurance.com Insights
- 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.
Car insurance companies with cheap car insurance in Minnesota
Nationwide has the cheapest full coverage car insurance in Minnesota, at an average premium of $114 per month or around $1,363 per year, based on CarInsurance.com data.
A full-coverage auto insurance policy typically includes liability coverage, which is mandated by most states and optional coverages such as comprehensive and collision insurance, which have a deductible.
The table below provides the cheapest full coverage insurance quotes in Minnesota. We’ve gathered rates from different insurance companies to help you find the most affordable option.
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 the lowest auto insurance premiums in Minnesota?
The cost of car insurance can vary greatly depending on your age, location, driving record, credit score, driving habits and vehicle type. However, some insurers may offer you more affordable rates than others based on your situation.
- 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 companies for state minimum coverage in Minnesota
In Minnesota, all drivers must have a certain amount of car insurance, also called the state’s minimum coverage requirements. You must purchase the minimum coverage limits listed below. Keep in mind that minimums are merely that – the minimum. Most drivers need more insurance to be protected in case of a costly accident.
| 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
The following table lists Minnesota’s major insurance providers, ranked by their average annual state minimum coverage rates, from cheapest to most expensive.
| 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 liability-only coverage in Minnesota
Your liability-only coverage will cover the cost of property damage or bodily injury you cause in an accident, up to the policy limits.
Below, you’ll see average annual rates for major insurance providers in Minnesota, ranked from cheapest to most expensive for liability insurance coverage. The coverage limit for the below-mentioned rates is $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
Cheapest auto insurance in Minnesota by driving history
Your driving history impacts insurance premiums in Minnesota, as insurance companies use this factor to assess the risks associated with providing coverage for a driver.
A clean driving record is the key to affordable car insurance. Traffic violations like speeding, DUIs and at-fault accidents can significantly increase your insurance premiums – insurers consider drivers with these violations on their records risky.
In Minnesota, drivers with a history of traffic violation pay an average of $768 more per year than those with a clean record. Choose responsible driving habits to save money and protect yourself and others on the road.
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 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
Cities with the lowest auto insurance rates in Minnesota
Your location plays a key role in determining your car insurance premium. Insurance companies analyze claim data in your area to assess the risk of insuring you. Areas with higher accident rates or theft statistics have higher premiums.
In Minnesota, Mankato stands out as the city with the lowest auto insurance rates, at an average of $1,625 per year.
Insurers base these rates on various factors such as theft statistics, collision rates and incidents of vandalism to assess risk in different areas. Additionally, your individual driving history, vehicle make and age play a role in calculating the premiums you pay.
The table below shows a list of cities in Minnesota with the most affordable 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 |
Learn about the 10 most important factors that affect car insurance rates
How much can you save on auto insurance in Minnesota?
Shopping around for car insurance quotes in Minnesota can help drivers save 28% annually on full coverage policies.
How much money you save depends on factors specific to you but compare quotes and ensure you’re getting exactly what you need at a good price.
Car insurance discounts in Minnesota: Save on premiums
In Minnesota, car insurance companies offer various discounts to drivers, such as safe driver and bundling discounts to help you save on your premiums. Learn more about some common car insurance discounts in Minnesota below.
| 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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