Cheapest Car Insurance Rates in 2023

Best Car Insurance Companies in Minnesota

• American Family
• Auto Owners Insurance
• State Farm
• Geico
• Allstate
• Farmers Insurance

Auto Insurance Statistics in Minnesota

According to the National Association of Insurance Commissioners, Minnesota has average insurance premiums that have been steadily below the national average.

Top 10 Cheapest Car Insurance Companies in Minnesota

Drunk Driving Fatalities

Although it is illegal to drink and drive, the practice still continues across the country. It is a dangerous activity that is often fatal. Learning about the rate of drunk driving fatalities in the state of Minnesota can provide insight into the level of risk drivers face while they are on public roadways. The National Highway Traffic Safety Administration has done a tally of the number of drunk driving fatalities in Minnesota vs. nationwide.

Drunk driving fatalities in Minnesota from 2013 to 2017

Teen Drinking and Driving

Teen drinking and driving in Minnesota is an unfortunate occurrence but is thankfully at a rate that is well below the national average. As parents and other adults continue to raise awareness about the dangers of teen drinking and driving, the rate will hopefully be reduced even further.

The below statistics represent the percentage of Minnesota drivers that are teenagers who are drinking and driving when compared with national averages.

Teen Drinking & Driving in Minnesota vs. Nationwide 2017

SR-22 Insurance in Minnesota

There are seven states in the US that don't require drivers to have SR-22s — Minnesota is one of them. This means that you won't need to purchase this type of insurance when you reapply to drive again. Still, there might be other requirements for you to return to drive, or you might have to pay a deposit to get back on the road — it's important to check with local authorities.

Additionally, it's important to compare insurance rates before you sign up for a policy. If you don't, you might overpay — many insurance companies charge more to drivers who have driving infractions.

Car Theft in Minnesota

Learning about the levels of car theft in Minnesota can provide insight into how often vehicular theft occurs in the state. The rate of car theft appears to have been lower than the national average.

Vehicle thefts by rank nationwide vs. Minnesota

Uninsured Motorists in Minnesota

When drivers operate motor vehicles without any insurance coverage or without enough coverage they are considered uninsured or underinsured motorists. In the event of an accident, they may not be able to cover the costs of damages or medical bills. To avoid having to pay out of pocket, it is important to have coverage for this situation in the form of uninsured and underinsured motorist coverage. The below data shows how well Minnesota ranks in the total number of reported uninsured motorists in the state in the year 2015.

Percentage of uninsured drivers (Top States in 2015)

Minimum Requirements For Car Insurance in Minnesota

If you have a vehicle you want to drive in the state of Minnesota, you are required by law to get it insured. In addition to being a legal requirement, insurance can really come in handy if you're ever in an accident. Even if you're a good driver, you can't control what other drivers do, so it's best to play it safe and get insured. At a very minimum, you must get the following coverage:

$30,000:$60,000:$10,000:

• $30,000: This is the maximum paid out to anyone in an accident with bodily injuries.
• $60,000: This is the total amount paid out to all people in a given accident who suffer bodily injuries. That means that if multiple people in an accident are injured, the first people to file would be paid $30,000, as prescribed above. Those who file later then have to pursue the policyholder for any additional amount.
• $10,000: This is the amount paid out for property damage that occurs during an accident.

Unfortunately, getting auto insurance on a tight budget is an issue for many people. With all your other bills and expenses to worry about, it can be easy to forget to make room for your auto insurance. The average vehicle owner in Minnesota pays $1,485 annually for auto insurance, but there are companies that offer cheaper rates. We've created a list of the cheapest car insurance companies in each of Minnesota's five biggest cities:

Minneapolis, MN

Minneapolis, the state's biggest city, is home to the Minnesota Vikings, the Juicy Lucy burger, and legendary musician Bob Dylan. In fact, Minneapolis is the second biggest economic center in the Midwest, behind only Chicago. The city has a great orchestra and a surprisingly vibrant nightlife.

What Minneapolis isn't known for, however, is cheap auto insurance. Residents here pay an average of $1,672 per year, the second most expensive location in the state. There are cheaper options, however, if you're willing to shop around. The following companies have much more affordable options, led by Farm Bureau Mutual at $852:

Saint Paul, MN

• Farm Bureau Mutual
• GEICO
• Western National
• West Bend Mutual
• State Farm

The other half of the twin cities, Saint Paul is Minnesota's second largest city. Like Minneapolis, auto insurance rates in Saint Paul are high compared to the rest of the state. Residents pay an average of $1,668 yearly, ranking as the state's fifth most expensive city to get vehicles insured. Here are some cheaper alternatives to consider:

Rochester, MN

• Farm Bureau Mutual
• GEICO
• Western National
• West Bend Mutual
• State Farm

Minnesota's third largest city, Rochester is best known for the Mayo Clinic. One of the premiere medical institutions in the world, the Mayo Clinic is a non-profit medical practice and research facility. It employs more than 4,500 doctors and scientists, as well as 57,100 allied health staff.

It's also one of the cheapest places in the state for auto insurance, with residents paying an average of $1,310 per year. These companies offer the best deals there:

Bloomington, MN

• West Bend Mutual
• Farm Bureau Mutual
• Western National
• GEICO
• State Farm

Bloomington is the state's fourth largest city. Their biggest claim to fame is undoubtedly the Mall of America, the largest mall in the US. Auto insurance rates here are higher than the state average, with residents paying an average of $1,605 per year. Here are some cheaper options:

Duluth, MN

• Farm Bureau Mutual
• West Bend Mutual
• GEICO
• American Family
• Western National

Known for its hockey players and frigid winters, Duluth is Minnesota's fifth largest city. Auto insurance rates here are almost exactly in line with the state average, at $1,486 per year. The following companies offer the best options for cheap auto insurance in Duluth:

• Farm Bureau Mutual
• GEICO
• West Bend Mutual

Types of Auto Insurance Coverage in Minnesota:

• Comprehensive Insurance Coverage
• Bodily Injury Liability Insurance
• Uninsured/Underinsured Motorist Bodily Injury Insurance
• Uninsured Motorist Property Damage Insurance
• Property Damage Liability Insurance

New Driver License Requirements

In order to operate a vehicle in the state of Minnesota, drivers are required to have a valid driver’s license. If a new resident has an out of state driver license, they will need to pas the vision and knowledge tests in order to obtain an in-state license. Any new drivers who are 18 and older will also need to pass the vision and knowledge tests as well as pass the road test.

Source: Minnesota Driver’s Manual

Cheap Auto Insurance Discounts

Car insurance discounts are provided by several different car insurance companies in the state of Minnesota as well as nationwide. The trick is to know about these discounts so you can take advantage of them. We are committed to helping you get the lowest rates on auto insurance so we have compiled a list of the best auto insurance discounts in the industry.

• Anti-theft discount
• Mature driver discount
• Military or Veteran discount
• Bundling insurance policies discount
• Senior citizen discount
• Car safety features discount
• Good student discount
• Defensive driving discount
• Low-mileage discount
• Multi-car auto insurance discount
• Infrequent usage discount

FAQ

General Minnesota Auto Insurance

This section covers the basic question you have about car insurance in Minnesota. Use it to help you understand more specific questions.

Minnesota Car Insurance Laws

Every state has its own insurance laws. This section will answer your questions about car insurance laws in Minnesota.

Minnesota Car Insurance Prices

Price is the most important part of car insurance for many people. This section answers questions about the price of car insurance in Minnesota.

Minnesota Car Insurance Claims and Coverage

It’s never good when you need to use your car insurance, but you still need to understand how it works. This section answers questions about car insurance claims and coverage in Minnesota.

Other Minnesota Car Insurance Questions

We’ll answer Minnesota car insurance questions that don’t fit into our other categories here.