Note from the editor: Perhaps you are looking for car insurance for your first time, or to lower your monthly premium by doing some insurance shopping. This article is a good starting point to your research on car insurance. There are many factors that affect the cost of car insurance. While you might not be […]
Note from the editor: Perhaps you are looking for car insurance for your first time, or to lower your monthly premium by doing some insurance shopping. This article is a good starting point to your research on car insurance. There are many factors that affect the cost of car insurance. While you might not be able to see exact premiums, they will give you an idea about the best rates available in your area.
We compared basic coverage to estimate car insurance rates in Minnesota and then calculated the average cost. We also determined which insurers offered the lowest estimated rates at minimal coverage for different driver profiles and needs.
Cost of Minnesota car insurance is determined by factors such as your age, vehicle type and mileage, and coverage options. We used a fairly neutral driver profile to calculate a baseline — there were no claims, accidents, tickets, or convictions for minimal coverage. This allows us to compare companies evenly and helps us understand the rates of insurers (see our complete methodology).
Rates can vary depending on your needs. We also searched for the best car insurance options to cover young drivers, drivers with lower credit scores, and drivers who have had multiple claims history.
Continue reading to find out about Minnesota’s average auto insurance rates. We also have some recommendations for the best deals.
Car insurance costs in Minnesota
The average monthly premium for Minnesota car insurance is just over $60. It can go up to $180 depending on what type of coverage you choose and who your driver profile is.
Monthly average auto insurance premiums in Minnesota
Driver and coverage |
Avg. Monthly cost |
|---|---|
| Minnesota offers full-coverage auto insurance | $177.59 |
| Minnesota’s minimum state-required car insurance | $61.06 |
| Minnesota drivers with bad credit | $147.80 |
| Multiple claims drivers in Minnesota | $122.04 |
| Young drivers in Minnesota | $90.84 |
Based upon our standard driver profile, minimal coverage, unless noted
Minnesota’s cheapest car insurance companies
Secura Insurance was the best option for drivers who need minimal coverage. We used a Minnesota driver profile to calculate the baseline rates. Our Minnesota driver is between 36-45 years old, has no coverage gaps or tickets, and has a credit score of 680-719. Rates may differ depending on your coverage requirements and circumstances.
1. Secura Insurance
Secura Insurance may offer a policy to our Minnesota driver profile for as low as $28.54 per monthly. Secura Insurance works with independent agents. It has been in operation since 1900. Mile-Stone(r), Secura’s insurance program, covers your home and car under one policy with one premium. Customers may be eligible to receive a variety of discounts including a hybrid discount, a new credit for your home, and a loyalty discount.
2. Westfield
Our Minnesota driver profile could receive a monthly rate for basic car insurance from Westfield at $31.71. Independent agents can insure cars, boats and motorbikes with Westfield. The insurer provides additional coverage beyond basic coverage. It also offers liability, comprehensive and collision coverage as well as medical payments and personal injuries protection.
3. North Star
North Star mutual may offer a basic policy of car insurance to a Minnesota driver for as low $35.17 per monthly. North Star mutual offers coverage for personal cars, classic and antique vehicles, motor homes and travel trailers as well as motorcycles, snowmobiles, and off-road vehicles through local agents. Additional coverage options include bodily injury liability, property damage liability and personal injury protection, as well as optional collision, comprehensive, uninsured/underinsured, rental reimbursement, towing, customization and safety glass coverages.
4. All over the country
Nationwide could charge $44.25 per monthly for basic car insurance for a Minnesota driver. The insurer offers a wide range of coverage options beyond its basic coverage, from bodily injury liability, property damage, personal injury and uninsured/underinsured motorist coverage, to collision, comprehensive, rental car expense, towing and gap insurance. Customers may also choose to have special coverages such as accident forgiveness, roadside help, a vanishing or waived deductible, and total loss deductible waiver.
Review Nationwide auto insurance.
5. Auto-Owners
Auto-Owners Insurance may offer our Minnesota driver profile a rate at $46.38 per moist for basic auto coverage. Auto-Owners Insurance sells insurance through independent agents. They offer standard full coverage options. Customers can also get protection against additional expenses like identity theft, rekeying locks, and replacing your phone.
See reviews about Auto-Owners auto coverage.
The cheapest full-coverage car insurance available in Minnesota
Although full-coverage insurance coverages can vary between insurers, they generally include bodily injury, property damages, uninsured motorists, personal protection, collision, and comprehensive coverages. In Minnesota, drivers must carry minimum coverage for liability (30/60/10), PIP and uninsured/underinsured on their auto insurance policy, which is still not considered full coverage. Your lender may require you to have full coverage if you finance or lease your vehicle.
These are the Minnesota companies with the lowest rates for full-coverage insurance.
5 Best Full-Coverage Car Insurance Companies in Minnesota
1 |
Secura Insurance |
$84.96/month |
2 |
Farm Bureau Mutual (IA Group) |
$94.33/month |
3 |
American Family |
$107.21/month |
4 |
Westfield |
$114.21/month |
5 |
Auto-Owners |
$117.29/month |
Based upon our standard driver profile, seeking full coverage in Minnesota
The cheapest state-minimum car coverage in Minnesota
State-minimum insurance, as its name suggests, is the lowest level you can have and still be able to drive legally in your state. While basic state-minimum coverage can save you money on your monthly premiums, it does not offer financial protection if you are involved in an accident.
These are the five most affordable Minnesota car insurance companies for minimum coverage.
5 best car insurance companies in Minnesota to provide state-minimum coverage
1 |
Secura Insurance | $28.54/month |
2 |
Westfield | $31.71/month |
3 |
North Star | $35.17/month |
4 |
Nationwide | $44.25/month |
5 |
Auto-Owners | $46.38/month |
Based upon our standard driver profile, seeking minimum coverage for Minnesota
Best car insurance for people with good credit in Minnesota
Insurers also consider your credit score when calculating the cost of your auto insurance. Car insurance costs are generally lower for drivers with good credit than those who don’t.
These companies offer the best basic auto insurance coverage for drivers with good credit at the lowest rates.
The cheapest car insurance companies Minnesota are for people with good credit
1 |
Secura Insurance | $24.40/month |
2 |
Westfield | $24.76/month |
3 |
North Star | $30.44/month |
4 |
Auto-Owners | $33.49/month |
5 |
Nationwide | $35.42/month |
Based upon our standard driver profile, adjusted for rates for Minnesota drivers with a credit score greater than 720
Lowest car insurance for people with poor credit in Minnesota
Poor credit drivers may be required to pay a higher monthly fee for their car insurance. Although having good credit is a great way to lower your insurance costs, it’s not all that insurers are looking for when pricing your insurance. While you are working to improve your credit, you can save money on your insurance policy by having a clean driving record and qualifying for other discounts.
These companies offer the lowest rates for basic coverage for drivers with bad credit.
The cheapest car insurance companies Minnesota are for people with bad credit
1 |
Secura Insurance | $41.90/month |
2 |
North Star | $56.00/month |
3 |
Nationwide | $57.50/month |
4 |
West Bend Mutual | $62.24/month |
5 |
Westfield | $64.54/month |
Based upon our standard driver profile, adjusted for rates for Minnesota drivers with a credit score of less than 580
Cheapest car Insurance for Drivers with Multiple Claims in Minnesota
You will likely have to pay more for your car insurance if you have multiple claims against you driving record.
These are the five most affordable car insurance companies for Minnesota drivers who have multiple claims.
5 best car insurance companies in Minnesota to cover multiple claims
1 |
Secura Insurance | $31.75/month |
2 |
Chubb | $50.33/month |
3 |
North Star | $60.17/month |
4 |
Westfield | $69.63/month |
5 |
Western National | $71.17/month |
Based upon our standard driver profile, adjusted for display rates for a Minnesota driver who has two claims and not zero
Cheapest insurance for young drivers in Minnesota
Your age is also a factor in your car insurance premium. Younger drivers are more expensive to insure than older ones. This is just one aspect of your car insurance costs. Some companies offer discounts to young drivers who keep good grades.
For drivers aged between 18 and 21, the following car insurance companies may offer basic coverage at the lowest monthly rates.
Top 5 Cheapest Car Insurance Companies in Minnesota For Young Drivers
1 |
Westfield | $44.00/month |
2 |
Secura Insurance | $45.63/month |
3 |
North Star | $47.33/month |
4 |
Auto-Owners | $54.88/month |
5 |
General Casualty | $68.08/month |
Based upon our standard driver profile, adjusted for display rates for a Minnesota driver aged 18-21 instead 36-45
Minnesota auto insurance requirements
Minnesota law requires personal injury protection coverage to cover at least $40,000 per individual per accident. It also requires liability coverage of 30/60/10 — $30,000 per person, $60,000 per accident of insurance and $10,000 for property damage coverage. Finally, it requires $25,000 per person and $50,000 per accident of uninsured/underinsured motorist coverage.
Is there usage-based insurance in Minnesota ?
UBI (usage-based insurance) is a type vehicle insurance that allows customers the ability to pay premiums based upon their driving habits. UBI or telematics programs are offered by some Minnesota insurance companies to help drivers cut down on monthly payments.
FAQs regarding the lowest car insurance rates in Minnesota
Is Minnesota a no-fault state?
Minnesota is a state that is no-fault. This means that drivers must have personal injury protection on the vehicle. This covers medical expenses and lost wages, regardless of fault.
What is the cost of car insurance in Minnesota each month?
The average monthly premium for basic Minnesota car insurance ranges from just over $60 to just below $180 for our standard driver profile. Premiums will vary depending on what coverage is purchased and which driver profile they are.
What is the cost of a ticket without insurance in Minnesota?
Driving without insurance is illegal in Minnesota. You could face a $200 fine and other penalties.
Methodology
Based on a profile of a Minnesota driver aged 36-45, the rates shown in this article are the lowest basic coverage. The rates shown assume that there is only one driver on the policy, with no driving tickets and no claims. This estimate assumes that the vehicle is worth between $20,000 to $30,000 with an annual mileage of 12,000-15,000 and has an annual value of $20,000 to $30,000 Rates for insurance for good credit are based on scores of 720 and higher. Rates for insurance for people with poor credit range from 350 to 579. The estimated rates for young drivers are those aged 18-21. Rates for multiple claims are based on two claims.
Quadrant Information Services provides rates every six months. Quadrant Information Services does not include all insurance companies in the rate data. These rates are estimates and should not be used as a comparison. Rates may differ depending on many factors such as your age and vehicle driving habits, coverage history, and other factors.
Full-coverage car insurance covers bodily injury, property damages, collision, and comprehensive coverages. Minnesota’s 30/60/10no fault insurance policy is included in the average monthly premium for minimum car insurance.