Cheap car insurance in Minnesota

Cheap car insurance in Minnesota

It is mandatory to get car insurance in Minnesota for drivers to drive legally in the state. Different companies in Minnesota provide car insurance at different rates. According to data gathered by MyMoneyMyQuotes following are the cheap car insurance providers that offer car insurance at affordable rates in Minnesota:

Name of the Company Average annual car insurance premiums
Travelers $660
Farm Bureau Mutual $817
The Hartford $950
Auto-Owners $1182
USAA $1258
American Family $1313
State Farm $1368
Western National $1384
Allied $1433
North Star $1440
West Bend Mutual $1520
MetLife $1570
Nationwide $1697
National Farmers Union P&C $1697
Country $1814
Allstate $1945
Farmers $2006
Progressive $2093
Metropolitan $2240
GEICO $2244
General Casualty $2623
Encompass $5688

Cheap car insurance in Minnesota for good drivers 

Car insurance companies may charge high car insurance premiums from drivers in Minnesota with histories of speeding tickets, at-fault accidents, or DUI citations. Car insurance companies in Minnesota provide discounts on car insurance premiums to those who have a good driving history but discount rates vary from company to company. You can save money on a car insurance policy in Minnesota by maintaining a good driving record. Most auto insurance companies in Minnesota provide a 5-10% good driver discount to those having a good driving history without violations.

  • Drivers with no traffic ticket may save $287 on car insurance premiums in Minnesota.
  •  Drivers may save $655 on car insurance premiums if they have an accident-free record in Minnesota.
  •  By maintaining a good credit history you may save $1297 on car insurance premiums in Minnesota. 

Cheap car insurance for inexperienced drivers in Minnesota

Most auto insurance providers may charge high auto insurance premiums in Minnesota from young or inexperienced drivers because inexperienced drivers are riskier for auto insurance companies than experienced drivers.  Auto insurance premiums in Minnesota vary according to the age of the drivers. Some companies charge high auto insurance costs from young drivers in Minnesota. 

Age   Average annual auto insurance premiums with parents Average annual auto insurance premiums for young drivers alone
16 $4289 $6283
17 $4167 $5387
18 $4277 $5157
19 $3685 $2844

Affordable auto insurance in Minnesota for high-risk drivers

Car insurance companies in Minnesota charge high auto insurance premiums from those drivers who have a bad driving history as compared to the drivers those who have no at-fault accidents, speeding tickets, or DUIs. Drivers with a good driving record in Minnesota can save money on auto insurance policies because auto insurance companies check the driving record of the past 3 to 5 years to decide the car insurance cost. Drivers with a good driving history in Minnesota may get discounts on car insurance policies.

Rating factor Average annual car insurance premium
At-Fault Accident $1896
DUI $1986
Speeding Violation $1539
Bad Credit $2539

Best car insurance companies in Minnesota

Car insurance prices in Minnesota may vary from company to company. Some companies in Minnesota charge lower car insurance premiums than others. To get the best auto insurance policy in Minnesota you should check the reputation and services of the insurance companies because finding an affordable car insurance policy is not just enough. You can find the best auto insurance company in Minnesota by comparing car insurance quotes from different car insurance providers. According to the data gathered by the MyMoneyMyQuotes following are the best car insurance providers in Minnesota:

  1. Allied
  2. Allstate
  3. American Family
  4. Auto Club Group
  5. Auto-Owners
  6. Encompass
  7. Farmers
  8. GEICO
  9. General Casualty
  10. Liberty Mutual
  11. MetLife
  12. Progressive
  13. State Farm
  14. Travelers
  15. USAA

What auto insurance coverage is mandatory to purchase for drivers in Minnesota?

The average annual cost to get the minimum required coverage in Minnesota may be around $555.  The minimum required coverage for drivers in Minnesota to drive legally in the state is:

Coverage type Coverage limit
Bodily injury coverage per person $30000
Bodily injury per accident $60000
Property damage per accident $10000

 The state minimum auto insurance requirements in Minnesota

The state minimum auto insurance coverage requirement in Minnesota is liability coverage.

  1. $30000 bodily injury coverage per person is required in Minnesota.
  2. $60000 bodily injury coverage per accident is required in Minnesota.
  3. $10000 property damage coverage per accident is required in Minnesota.

Other types of optional coverages in Minnesota are:

  1. Comprehensive
  2. Collision
  3. Roadside Assistance
  4. Loan/Lease Payoff
  5. Rental Car Reimbursement

Fine for driving without car insurance in Minnesota

If anyone caught driving without a car insurance policy in Minnesota then police may charge a fine.

Car insurance prices by cities in Minnesota

Car insurance premiums in Minnesota may vary from city to city. In some cities of Minnesota, car insurance prices are high compared to others.

City Average annual insurance premiums
Saint Paul $1668
Minneapolis $1657
Maplewood $1525
Brooklyn Park $1505
Richfield $1479
Coon Rapids $1400
Blaine $1386
Woodbury $1385
Bloomington $1380
Edina $1374
Eagan $1365
Burnsville $1364
Plymouth $1350
Maple Grove $1344
Lakeville $1336
Apple Valley $1333
Minnetonka $1324
Eden Prairie $1324
Duluth $1319
Shakopee $1278
Rochester $1244
Mankato $1170
Moorhead $1160

If you are looking for a car insurance deal in Minnesota, you can compare  car insurance quotes provided for free by MyMoneyMyQuotes.com to get yourself the best possible deal.

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