Car insurance costs in Minnesota vary greatly depending on various factors, including the type of coverage you choose, coverage limits, your address and personal factors. Nationwide offers the cheapest annual rates for full coverage car insurance in Minnesota at $1,363 annually.
We’ve compiled this detailed guide to help you choose the right car insurance in Minnesota. The team at CarInsurance.com has done all the hard work by researching and analyzing insurance prices for different kinds of drivers.
Keep reading to get a clear idea of how car insurance in Minnesota works and how much coverage you need.
- Nationwide provides the most affordable annual rates for full coverage car insurance in Minnesota, costing $1,363 per year.
- In Minnesota, insurance costs differ depending on factors such as coverage limits, age and location, with key factors including the make/model of your vehicle and your driving history
- Minimum liability coverage in Minnesota costs $475 annually for limits of 30/60/10, while liability-only coverage costs $512 per year for limits of 50/100/50.
- In Minnesota, driving incidents can significantly increase premiums, with a speeding ticket raising rates by up to 34%, a DUI raising rates by 98%, and an at-fault accident by up to 40%.
How much is car insurance in Minnesota?
In Minnesota, drivers pay an average of $159 monthly for full coverage car insurance, based on a rate analysis by CarInsurance.com.
Understanding the average insurance cost can give you a head start in budgeting for your coverage. It’s important to consider that premium costs vary from person to person and will depend largely on the make/model of your car, your driving record and other factors.
Average cost of auto insurance in Minnesota by coverage level
In Minnesota, car insurance rates can differ depending on how much coverage you choose. Drivers in Minnesota are required by law to have minimum insurance coverage limits of 30/60/10 to drive legally.
Liability-only insurance policies are the most affordable option and provide the minimum coverage required in Minnesota. However, they don’t offer much protection.
While liability insurance protects you from financial loss by covering legal defense and damages if you’re found responsible for causing injury or property damage to others, it doesn’t protect your vehicle or passengers.
On the other hand, full coverage car insurance costs more but provides a lot more protection. It covers damage to your car in accidents, theft, natural events and animal collisions. If you have full coverage, you can be reassured that you’re well-protected.
Full coverage comprises liability, comprehensive, collision and any other coverage required by your state.
In the table below, see the car insurance premiums in Minnesota for three different coverages.
| Coverage Level | Avg. Monthly Cost | Avg. Annual Cost |
|---|---|---|
| State Minimum – Liability Only BI/PD | $40 | $475 |
| Liability Only – 50/100/50 BI/PD | $43 | $512 |
| Full Coverage – 100/300/100 Liability BI/PD with $500 Comp/Coll Deductible | $159 | $1,911 |
State minimum car insurance in Minnesota
Minnesota’s car insurance laws require a minimum coverage of $30,000 in bodily injury liability per person, $60,000 in bodily injury liability per accident and $10,000 in property damage liability.
In Minnesota, you can get state minimum car insurance for $475 per year. However, this minimum coverage doesn’t offer enough protection. Drivers can add other types of insurance, such as comprehensive and collision, increase their liability limits and buy personal injury coverage for added protection.
Drivers in Minnesota must be aware of the minimum insurance coverage requirements to stay compliant.
Liability-only car insurance in Minnesota
Liability-only car insurance costs $512 in Minnesota for coverage limits of 50/100/50, according to CarInsurance.com data.
Liability-only insurance helps cover the costs if you damage someone else’s car or injure someone in an accident. It’s more affordable than full coverage insurance, but remember, it doesn’t pay for repairs to your vehicle or cover injuries to your passengers.
Full coverage car insurance in Minnesota
On average, premiums for full coverage car insurance in Minnesota cost $1,911 per year for the limits of 100/300/100 – $100,000 in bodily injury coverage, $300,000 in bodily injury coverage per accident and $100,000 in property damage coverage.
Experts recommend that drivers purchase full coverage insurance with the highest liability limits they can afford to be financially protected. Full coverage car insurance policies include liability, comprehensive and collision coverage.
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Calculate the cost of car insurance in Minnesota
Insurance rates can differ depending on your ZIP code because what’s affordable in one area might be expensive in another.
When determining insurance premiums, companies study crime rates, traffic conditions, car thefts and population density in different areas. This research helps them assess the associated risk and set competitive prices for their policies.
As a result, residents in higher-risk neighborhoods in Minnesota pay more for premiums than those in lower-risk areas.
Use our simple tool to see how much you’ll have to pay for car insurance. Just type in your ZIP code, and you’ll get quotes for different coverage options quickly.
Minnesota Car Insurance Rates by ZIP Code
Estimate car insurance in Minnesota by car model
Minnesota car insurance providers use the make and model of your vehicle to determine premiums. If you drive a luxury car, which can be expensive to repair, expect to pay more for insurance than cars that are easier and cheaper to fix.
For instance, luxury brands like Maserati, BMW, Porsche, and Audi usually have higher insurance costs. Cars like Subaru, Hyundai, Honda and Mazda are often cheaper to insure.
Find out how much car insurance costs for your car make and model in Minnesota.
Insurance Rates by Car Model
Guide: How to estimate car insurance using our car insurance estimator tool
Car insurance rates by age group in Minnesota
Younger drivers and teenagers typically pay more for insurance than older, more experienced drivers. This is because teenagers are more likely to get into car accidents. In fact, teenagers are four times more likely to crash than drivers who are 20 or older, according to the Insurance Institute for Highway Safety.
Insurers know that teenage drivers are less experienced and pose a higher risk, resulting in higher insurance premiums. Minnesota drivers between the ages of 30 to 60 typically enjoy the lowest average auto insurance rates, at about $1,830 annually.
Minnesota drivers aged 16-19 pay $3,412 more for insurance premiums than drivers aged 30-60.
See the average rates by age group below:
- For teen drivers: Teens aged 16-19 can expect to pay $5,242 per year for a full coverage car insurance policy.
- For young adults: Drivers aged 20-25 can expect to pay $2,954 a year for a full coverage policy.
- For average-aged drivers: Drivers aged 30 to 60 can expect to pay $1,830 per year in Minnesota.
- For senior drivers: Drivers age 65 and older can expect to pay $1,852 per year.
Check out our detailed guide on average car insurance rates by age
Rates based on driver profile, history and habits in Minnesota
A history of DUI, speeding, or at-fault accidents often results in significant hikes in insurance premiums. In Minnesota, a DUI conviction lead to increased rates and you may see a rate hike of up to 98% as insurers categorize you as a high-risk driver.
If you receive a speeding ticket in Minnesota, be prepared for your car insurance rates to rise by up to 34% when you renew your policy. This increase might last for about three years. However, the exact amount of the increase depends on the specific laws in your state, your insurance provider and your driving record.
Find below how much your car insurance rate increases depending on driving incidents:
- Speeding ticket: Up to 34% increase
- DUI conviction: 98% increase
- At-fault accident (bodily injury and property damage): 40% increase
Even if you’ve received a traffic ticket, you can still save money by comparing insurance quotes.
Car insurance cost in Minnesota for high-risk drivers
In Minnesota, drivers deemed high-risk face higher car insurance premiums due to the increased risk. Factors such as past accidents, traffic infractions and low credit scores significantly affect premium costs.
Luckily, there are ways for high-risk drivers to reduce their premium payments. Shopping around and comparing quotes is a great place to start, as each company will have its own rate structure tailored to individual needs.
Use the tool below to see which company offers cheaper rates for drivers with speeding tickets, DUI convictions and at-fault accidents.
Select your state and risk factor below to see the insurance company and its
average annual full coverage rates.
| Company Name | Insurance Rates |
|---|---|
| State Farm | $1,791 |
| Nationwide | $1,951 |
| USAA | $2,017 |
| Auto-Owners | $2,145 |
| Travelers | $2,369 |
| Auto Club Group - ACG (AAA) | $3,245 |
| Allstate | $4,038 |
| Geico | $4,223 |
Learn more: The 10 most important factors that affect car insurance rates
Average car insurance cost in different states of U.S.
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Our apologies, we cannot display the data due to availability or spelling errors. Please check the spelling and try again. For assistance, reach out us via Compare car insurance quotes in Minnesota
Drivers in Minnesota can save hundreds of dollars by shopping around and comparing quotes. While many factors influence the cost of your car insurance, from driving record to the type of car you drive, there are many options to get the coverage you need at a price that works for you.
Begin your search for the top car insurance policy in Minnesota by getting quotes from multiple insurance providers and comparing them.
In the table below, see an overview of various car insurance companies in Minnesota, along with their average annual premiums.
| Company | State Minimum | 50/100/50 | 100/300/100 |
|---|---|---|---|
| Nationwide | $672 | $629 | $1,363 |
| State Farm | $378 | $421 | $1,525 |
| Travelers | $550 | $579 | $1,618 |
| Automobile Club MI (AAA) | $507 | $553 | $1,636 |
| Auto-Owners | $355 | $383 | $1,693 |
| North Star Mutual | $374 | $420 | $2,257 |
| Allstate | $585 | $618 | $2,388 |
| Geico | $498 | $554 | $2,495 |
| Western National Mutual | $497 | $581 | $2,769 |
| USAA | $334 | $375 | $1,382 |
Car insurance rates by city in Minnesota
Brooklyn Center is the priciest city in Minnesota for car insurance, costing an average of $2,232 annually. On the other hand, Mankato is the most affordable city, where drivers pay an average of $1,625 per year for car insurance.
Car insurance rates vary by city in Minnesota for several reasons. One of the most significant factors is traffic congestion. Areas with more traffic typically have higher rates of accidents and claims, which leads to higher premiums.
Rates can also be influenced by factors such as uninsured motorist statistics, expenses related to repairs and medical treatment, as well as the overall crime rate in the city.
The table below shows the average annual car insurance premiums for Minnesota’s largest cities.
Select your city below to see the insurance company and its average full coverage rates.
| Company Name | Insurance Rates |
|---|---|
| USAA | $1,277 |
| Nationwide | $1,360 |
| State Farm | $1,528 |
| Travelers | $1,531 |
| Auto Club Group - ACG (AAA) | $1,577 |
| Auto-Owners | $1,618 |
| Geico | $2,107 |
| Allstate | $2,431 |
| Western National Insurance | $2,838 |
| North Star Mutual | $2,904 |
How much does car insurance cost in Minnesota per month?
Car insurance in Minnesota costs an average of $159 a month for a full coverage policy with limits of 100/300/100.
Paying car insurance monthly can offer individuals greater budget flexibility. By spreading the cost over time, they can avoid the strain of a hefty lump sum payment and manage their expenses more comfortably.
On the other hand, paying for car insurance in full at renewal time can often result in a discount. Ultimately, your best option will depend on your needs and circumstances.
| Coverage Level | Avg. Monthly Rates |
|---|---|
| State Minimum – Liability Only BI/PD | $40 |
| Liability Only – 50/100/50 BI/PD | $43 |
| Full Coverage – 100/300/100 Liability BI/PD with $500 Comp/Coll Deductible | $159 |
Final thoughts on choosing car insurance in Minnesota
When it comes to car insurance, one size doesn’t fit all. Drivers prioritize different things. Some value top-notch customer service and are willing to pay extra for it. Others focus on finding the cheapest rates possible. Some look for insurance companies with user-friendly mobile apps for managing claims and payments.
Understanding your needs and finding the best insurance policy at a great price are important. So, take your time and check out different options to find the right policy for you.
Resources & Methodology
Sources
- Insurance Institute for Highway Safety. “Teenagers.” Accessed September 2024.
- USAA. “How credit affects insurance premiums.” Accessed September 2024.
Methodology
CarInsurance.com commissioned Quadrant Information Services to get car insurance rates in Minnesota. The average premiums are based on the sample profile of a 40-year-old male and female driving a Honda Accord LX with a good insurance score and a clean driving record.
The rates are for different coverage limits. It includes:
- Full coverage car insurance with a coverage limit of $100,000 in bodily injury per person, $300,000 in bodily injury coverage per accident, $100,000 in property damage coverage per accident and a $500 collision/comprehensive deductible.
- Liability-only car insurance rates with a limit of 50/100/50.
- State minimum coverage limit of 30/60/10.
To evaluate the rates, we have compared 53,409,632 insurance quotes from 75 company groups across 34,588 ZIP codes. The average premiums are for comparison purposes only; your exact rates may vary.
Note: USAA is only available to military community members and their families.
Ask the Insurance Expert
Laura Longero
Executive Editor
Laura Longero is an insurance expert and Executive Editor at CarInsurance.com, where she specializes in helping consumers navigate the complexities of the financial and insurance industries. She has 15 years of experience educating people about finance and car insurance. Prior to joining CarInsurance.com, she worked as a reporter and editor at the USA Today Network. Her expertise provides readers with practical guidance, helping them make informed choices about their financial and insurance needs.
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John McCormick
Editorial Director
John is the editorial director for CarInsurance.com, Insurance.com and Insure.com. Before joining QuinStreet, John was a deputy editor at The Wall Street Journal and had been an editor and reporter at a number of other media outlets where he covered insurance, personal finance, and technology.
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Leslie Kasperowicz
Executive Editor
Leslie Kasperowicz is an insurance educator and content creation professional with nearly two decades of experience first directly in the insurance industry at Farmers Insurance and then as a writer, researcher, and educator for insurance shoppers writing for sites like ExpertInsuranceReviews.com and InsuranceHotline.com and managing content, now at CarInsurance.com.
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Nupur Gambhir
Managing Editor
Nupur Gambhir is a content editor and licensed life, health, and disability insurance expert. She has extensive experience bringing brands to life and has built award-nominated campaigns for travel and tech. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service.
Guide to car insurance (with rates) in cities of Minnesota