Cheapest Car Insurance In Minnesota (2024) (original) (raw)
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, Writer
10/18/2024 08:00 AM
It’s smart for drivers in Minnesota to compare different car insurance policies because the cost of insurance is getting higher. This way, they can find the cheapest coverage. Our reviews team has researched the best car insurance companies nationwide. We examined the reputation, customer satisfaction, coverage options, and average premiums of each provider.
In this review, we will tell you the most effective strategies for cutting costs on insurance and where you can get the least expensive car insurance in Minnesota, depending on your driving profile.
Key Points
- North Star Mutual is the cheapest car insurance company in Minnesota overall, with an average rate of $32 per month for minimum coverage and $192 per month for full coverage.
- USAA and Auto-Owners also offer affordable car insurance rates for many driver profiles.
- If you are under 25 or have traffic violations on your record, you will experience car insurance rates that are greater than the usual average.
- You can save on car insurance by opting for minimum coverage, looking for discounts, increasing your deductible, and bundling your auto insurance with other policies.
Cheap Car Insurance Minnesota
Different car insurance companies evaluate driver profiles in varying ways. This means that the provider offering the lowest price for one driver may not be the most affordable option for you. To illustrate, here is a overview of the least expensive auto insurance providers in Minnesota and their rates based on different driver profiles.
| Cheapest Car Insurance Company | Average Monthly Cost | Average Annual Cost | |
|---|---|---|---|
| Minimum coverage | North Star Mutual | 32∣32 | 32∣386 |
| Full coverage | Travelers | 148∣148 | 148∣1,772 |
| 16-year-olds | North Star Mutual | 82∣82 | 82∣980 |
| 45-year-olds | USAA | 29∣29 | 29∣353 |
| High-risk drivers | USAA | 50∣50 | 50∣605 |
| After a speeding ticket | USAA | 42∣42 | 42∣499 |
| After an accident | USAA | 48∣48 | 48∣574 |
| After a DUI | State Farm | 56∣56 | 56∣668 |
| Poor credit drivers | North Star Mutual | 32∣32 | 32∣386 |
*Unless stated otherwise, average costs are minimum-coverage rates for single male drivers between the ages of 25 and 35 with a clean driving history.
What Is The Cheapest Car Insurance Company In Minnesota?
In general, we discovered that North Star Mutual provides the most affordable car insurance in Minnesota for various types of drivers. The following sections will cover the average monthly costs of both minimum- and full-coverage car insurance from the cheapest companies in Minnesota.
These rates apply to drivers in Minnesota who are of varying ages, live in different places, and have different driving experiences. The cheapest companies are organized by minimum coverage costs.
Cheapest Minimum Coverage In Minnesota: North Star Mutual
Drivers looking for the most affordable coverage that just meets Minnesota state minimum requirements may find it at North Star Mutual for about $32 per month or $386 per year on average.
| Cheapest Car Insurance in Minnesota | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| North Star Mutual | 32∣32 | 32∣386 |
| USAA | 34∣34 | 34∣405 |
| Auto-Owners | 39∣39 | 39∣472 |
| West Bend Mutual | 42∣42 | 42∣510 |
| Travelers | 46∣46 | 46∣551 |
| GEICO | 49∣49 | 49∣582 |
| State Farm | 50∣50 | 50∣604 |
| AAA | 51∣51 | 51∣609 |
| Allstate | 66∣66 | 66∣796 |
Cheapest Full Coverage In Minnesota: Travelers
If you want the best combination of comprehensive coverage and affordability, Travelers is the number one choice. The provider offers full-coverage insurance for an average of $148 per month.
Full-coverage insurance policies in Minnesota generally include liability insurance, uninsured/underinsured motorist coverage, collision coverage, and comprehensive insurance.
| Cheapest Car Insurance in Minnesota | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Travelers | 148∣148 | 148∣1,772 |
| West Bend Mutual | 153∣153 | 153∣1,830 |
| USAA | 160∣160 | 160∣1,925 |
| Auto-Owners | 176∣176 | 176∣2,116 |
| AAA | 183∣183 | 183∣2,196 |
| GEICO | 187∣187 | 187∣2,245 |
| North Star Mutual | 192∣192 | 192∣2,303 |
| State Farm | 193∣193 | 193∣2,313 |
| Allstate | 231∣231 | 231∣2,775 |
Cheapest Car Insurance In Minnesota: Age
Below, you’ll find average insurance costs for Minnesota drivers ages 16 to 55 as well as the top five most affordable car insurance companies for each age group. Typically, people who are between 30 and 55 years old tend to receive the most affordable auto insurance prices. This is because they have spent more time driving and thus have more experience on the roads. Furthermore, from a statistical standpoint, they have a lower probability of being involved in car accidents compared to younger drivers.
Average Car Insurance Rates By Age
| Age | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| 16 | 146∣146 | 146∣561 |
| 25 | 48∣48 | 48∣194 |
| 35 | 43∣43 | 43∣167 |
| 45 | 42∣42 | 42∣160 |
| 55 | 39∣39 | 39∣142 |
Cheapest Minnesota Car Insurance: Young Drivers
As mentioned, teenage drivers and early 20s typically pay the most expensive car insurance rates. That’s mainly because these drivers don’t have as much practice driving and are more likely to break traffic rules and get into accidents.
In fact, the fatal crash rate per mile driven for teen drivers was nearly three times the rate for drivers 20 years old and older in 2021, according to the Insurance Institute for Highway Safety.
Cheapest Minnesota Car Insurance For 16-Year-Olds: North Star Mutual
If you’re a teen driver or the parent of one, North Star Mutual may be your best bet for finding the most affordable car insurance in Minnesota.
The company’s cheapest average rates for 16-year-old drivers are $82 per month or $980 per year, which is relatively affordable compared to other states. If you’re looking for full coverage, the average is $387 per month or $4,641 per year from Travelers.
| Cheapest Car Insurance in Minnesota | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| North Star Mutual | 82∣82 | 82∣473 |
| Auto-Owners | 105∣105 | 105∣396 |
| Travelers | 112∣112 | 112∣387 |
| USAA | 130∣130 | 130∣526 |
| GEICO | 161∣161 | 161∣634 |
| State Farm | 161∣161 | 161∣586 |
| West Bend Mutual | 162∣162 | 162∣543 |
| AAA | 185∣185 | 185∣596 |
| Allstate | 214∣214 | 214∣910 |
Cheapest Minnesota Car Insurance For 25-Year-Olds: North Star Mutual
Car insurance rates decrease a lot for young drivers in their 20s, compared to what teenage drivers have to pay. However, the rates for this age group can still be quite expensive depending on the insurance company you choose.
North Star Mutual provides the cheapest car insurance costs on average at $32 per month or $386 per year for minimum coverage. Travelers costs $153 per month or $1,836 per year for full coverage.
| Cheapest Car Insurance in Minnesota | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| North Star Mutual | 32∣32 | 32∣192 |
| USAA | 37∣37 | 37∣181 |
| Auto-Owners | 41∣41 | 41∣198 |
| West Bend Mutual | 45∣45 | 45∣160 |
| Travelers | 46∣46 | 46∣153 |
| GEICO | 53∣53 | 53∣202 |
| AAA | 54∣54 | 54∣201 |
| State Farm | 55∣55 | 55∣214 |
| Allstate | 69∣69 | 69∣245 |
Cheapest Minnesota Car Insurance: Adult Drivers
People who are in their 40s usually have the cheapest car insurance premiums. You can compare average rates of drivers in their 30s, 40s, and 50s from the top five cheapest companies for each age group below.
Cheapest Minnesota Car Insurance For 35-Year-Olds: USAA
Drivers in their mid-30s may insure their cars at the cheapest cost by getting a minimum coverage car insurance policy from USAA. The company offers average minimum-coverage costs of $30 per month or $364 per year. For full coverage, USAA’s rates average $140 monthly or $1,681 annually.
| Cheapest Car Insurance in Minnesota | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| USAA | 30∣30 | 30∣140 |
| North Star Mutual | 32∣32 | 32∣192 |
| Auto-Owners | 38∣38 | 38∣155 |
| West Bend Mutual | 40∣40 | 40∣145 |
| GEICO | 44∣44 | 44∣172 |
| Travelers | 46∣46 | 46∣142 |
| State Farm | 46∣46 | 46∣171 |
| AAA | 47∣47 | 47∣165 |
| Allstate | 63∣63 | 63∣218 |
Cheapest Minnesota Car Insurance For 45-Year-Olds: USAA
Forty-five-year-old drivers may find the most affordable minimum coverage from USAA, with average rates of $29 per month or $353 per year. The cheapest full coverage comes from Travelers at $130 per month or $1,562 per year.
| Cheapest Car Insurance in Minnesota | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| USAA | 29∣29 | 29∣132 |
| North Star Mutual | 32∣32 | 32∣192 |
| Auto-Owners | 38∣38 | 38∣151 |
| West Bend Mutual | 38∣38 | 38∣138 |
| AAA | 42∣42 | 42∣142 |
| GEICO | 44∣44 | 44∣172 |
| Travelers | 44∣44 | 44∣130 |
| State Farm | 47∣47 | 47∣168 |
| Allstate | 63∣63 | 63∣218 |
Cheapest Minnesota Car Insurance For 55-Year-Olds: North Star Mutual
People who are in their 50s usually get the most affordable car insurance rates in Minnesota with North Star Mutual. The insurer’s average premiums are $28 monthly or $340 annually for minimum coverage. The cheapest full coverage option is from Travelers, costing $130 monthly or $1,562 annually
| Cheapest Car Insurance in Minnesota | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| North Star Mutual | 28∣28 | 28∣167 |
| USAA | 29∣29 | 29∣126 |
| Auto-Owners | 35∣35 | 35∣139 |
| West Bend Mutual | 37∣37 | 37∣127 |
| AAA | 38∣38 | 38∣128 |
| GEICO | 39∣39 | 39∣145 |
| Travelers | 41∣41 | 41∣117 |
| State Farm | 45∣45 | 45∣157 |
| Allstate | 56∣56 | 56∣174 |
Cheapest Car Insurance In Minnesota: High-Risk Drivers
Your driving safety is a big factor in determining the cost of your car insurance, along with the type of coverage and your age. Auto insurers typically determine if you’re a high-risk driver by looking at how many infractions are on your driving record, including speeding tickets, at-fault accidents, and DUI convictions.
Average Car Insurance Rates For High-Risk Drivers
Drivers who have been identified as high-risk are charged car insurance rates that are higher than the average because of the many infractions on their driving records. On average, Minnesota motorists who are deemed high-risk may find the most affordable rates from USAA for minimum coverage or Travelers for full coverage.
| Cheapest Car Insurance in Minnesota | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| USAA | 50∣50 | 50∣238 |
| State Farm | 57∣57 | 57∣212 |
| Travelers | 61∣61 | 61∣207 |
| North Star Mutual | 64∣64 | 64∣399 |
| Auto-Owners | 65∣65 | 65∣247 |
| West Bend Mutual | 70∣70 | 70∣252 |
| GEICO | 96∣96 | 96∣369 |
| Allstate | 112∣112 | 112∣361 |
| AAA | 186∣186 | 186∣464 |
Cheapest Minnesota Car Insurance For Drivers With A Speeding Ticket: USAA
Drivers with a speeding citation on their record can generally find the most affordable coverage from USAA, with average rates of $42 per month or $499 per year for minimum coverage and $197 per month or $2,367 per year for full coverage.
| Cheapest Car Insurance in Minnesota | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| USAA | 42∣42 | 42∣197 |
| North Star Mutual | 42∣42 | 42∣255 |
| Auto-Owners | 54∣54 | 54∣218 |
| State Farm | 56∣56 | 56∣207 |
| Travelers | 56∣56 | 56∣189 |
| GEICO | 57∣57 | 57∣218 |
| West Bend Mutual | 61∣61 | 61∣229 |
| Allstate | 101∣101 | 101∣318 |
| AAA | 128∣128 | 128∣365 |
Cheapest Minnesota Car Insurance For Drivers With An At-Fault Accident: USAA
Getting into a car accident in Minnesota can also make your car insurance rates go up. USAA tends to offer the most affordable rates on average at about $48 per month or $574 per year for minimum coverage and $221 per month or $221 per year for full coverage.
| Cheapest Car Insurance in Minnesota | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| USAA | 48∣48 | 48∣221 |
| Auto-Owners | 54∣54 | 54∣216 |
| North Star Mutual | 55∣55 | 55∣340 |
| Travelers | 60∣60 | 60∣200 |
| State Farm | 61∣61 | 61∣222 |
| GEICO | 83∣83 | 83∣326 |
| West Bend Mutual | 89∣89 | 89∣297 |
| AAA | 112∣112 | 112∣335 |
| Allstate | 116∣116 | 116∣377 |
Cheapest Minnesota Car Insurance For Drivers With A DUI: State Farm
If you’re a motorist with a drunk driving conviction, you may find the cheapest minimum car insurance in Minnesota from State Farm for $56 per month or $668 per year on average. They also have rates of $207 monthly or $2,489 annually for full coverage.
| Cheapest Car Insurance in Minnesota | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| State Farm | 56∣56 | 56∣207 |
| West Bend Mutual | 61∣61 | 61∣229 |
| USAA | 62∣62 | 62∣296 |
| Travelers | 69∣69 | 69∣232 |
| Auto-Owners | 86∣86 | 86∣308 |
| North Star Mutual | 95∣95 | 95∣600 |
| Allstate | 119∣119 | 119∣388 |
| GEICO | 148∣148 | 148∣563 |
| AAA | 319∣319 | 319∣693 |
Cheapest Minnesota Car Insurance For Drivers With Poor Credit: North Star Mutual
People who have low credit scores have to pay more money for their car insurance. Those who don’t have the best credit history may want to check out North Star Mutual, which has an average minimum-coverage rate of $54 per month or $642 per year and an average full-coverage rate of $318 per month or $3,820 per year.
| Cheapest Car Insurance in Minnesota | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| North Star Mutual | 54∣54 | 54∣318 |
| West Bend Mutual | 56∣56 | 56∣200 |
| USAA | 59∣59 | 59∣407 |
| GEICO | 64∣64 | 64∣248 |
| Auto-Owners | 120∣120 | 120∣552 |
| Allstate | 127∣127 | 127∣443 |
| AAA | 174∣174 | 174∣430 |
| Travelers | 195∣195 | 195∣383 |
| State Farm | 365∣365 | 365∣1,241 |
Average Cost Of Car Insurance In 10 Minnesota Cities
Another thing that affects how much you pay for car insurance in Minnesota is the location where you live. Auto insurance companies consider drivers riskier to cover in areas with:
- Larger groups of people
- There are a greater number of cars driving on the road.
- More car accidents occurring at elevated rates.
- More instances of traffic rule violations.
- More incidents of car theft and auto vandalism
- Extreme weather events
Certain factors that increase the chances of a problem happening are more common for people who own cars in big cities. That’s why drivers in busy cities usually pay the most money on average for the least amount of car insurance coverage. On the other hand, drivers who live in rural areas with less crime and fewer people are more likely to have lower insurance costs.
| City | Minimum-Coverage Average Monthly Cost | Full-Coverage Average Monthly Cost |
|---|---|---|
| Minneapolis | 63∣63 | 63∣197 |
| St. Paul | 69∣69 | 69∣204 |
| Maple Grove | 52∣52 | 52∣162 |
| St. Cloud | 48∣48 | 48∣156 |
| Apple Valley | 55∣55 | 55∣164 |
| Rochester | 40∣40 | 40∣145 |
| Burnsville | 54∣54 | 54∣163 |
| Woodbury | 57∣57 | 57∣169 |
| Moorhead | 38∣38 | 38∣143 |
| Shakopee | 52.82∣52.82 | 52.82∣159.93 |
Top 5 Car Insurance Companies In Minnesota
Besides the cost, we have studied more than 40 insurance companies to identify the top five insurers for people living in Minnesota. We looked at their coverage, service, and reliability for this analysis. Based on our research, we found North Star Mutual to be the best provider for most drivers in Minnesota. Here are the ratings we’ve given to our top picks.
| Overall Rating | Cost | Coverage | Reliability | Service | |
|---|---|---|---|---|---|
| #1 State Farm | 4.7 | 4.3 | 4.6 | 5.0 | 4.5 |
| #2 Travelers | 4.6 | 4.4 | 4.9 | 4.5 | 4.2 |
| #3 AAA | 4.5 | 4.5 | 4.9 | 4.1 | 4.4 |
| #4 GEICO | 4.5 | 4.2 | 4.2 | 4.9 | 4.3 |
| #5 USAA | 4.5 | 4.7 | 4.8 | 4.5 | 4.3 |
*The overall and category ratings above are based on nationwide factors.
How To Get The Cheapest Car Insurance In Minnesota
In Minnesota, you can use different methods to decrease how much you pay for car insurance. These include:
- Opting for minimum coverage: If you only have the minimum required coverage in your state, you will pay the least amount for car insurance.
- Seeking out discounts: Most insurance companies have multiple discounts that can help cut down on premium costs, from military and good student discounts to discounts for drivers that remain accident free for five years.
- Raising your deductible: A higher deductible will lower your premium costs, but you’ll have to pay more out of pocket if you file a claim.
- Bundling your auto insurance: You can often bundle your auto insurance with a homeowners insurance policy or other type of coverage to earn a discount.
- Comparing quotes: Obtaining quotes from several companies allows you to understand which provider is offering the most attractive offer.
Many insurance companies also offer usage-based insurance programs, which are a good way to save money. These programs use telematics to monitor your driving habits–from your speed and braking to the time of day you drive. If you drive safely, you may be eligible for a significant price reduction. However, certain programs may increase your rates if you engage in risky driving habits.
Some companies also offer diminishing deductibles and accident forgiveness. A diminishing deductible option decreases your deductible amount each time you renew your policy. Accident forgiveness ensures that your rates won’t increase after your first accident with the company.
What Does Minnesota Require For Car Insurance?
Drivers in Minnesota must meet minimum insurance requirements as outlined by state law, which include basic liability insurance and uninsured/underinsured motorist (UM/UIM) coverage:
- $60,000 bodily injury liability per accident
- $30,000 bodily injury liability per person
- $10,000 property damage liability per accident
- $40,000 personal injury protection
- $50,000 underinsured/uninsured motorist bodily injury coverage per accident
- $25,000 underinsured/uninsured motorist bodily injury coverage per person
Liability coverage only takes care of other parties’ injuries and property damages in an accident that you cause. UM/UIM covers your injuries and property damages, but only in the case that the at-fault driver has little to no auto insurance.
Getting comprehensive insurance will ensure that your car is covered if stolen, vandalized, or damaged by floods, fire, animals, or other natural disasters. Collision insurance covers your car repairs after an accident.
Our Take: Best Cheap Car Insurance In Minnesota
When it comes to both minimum and full coverage, North Star Mutual is the best and most affordable car insurance company for most drivers in Minnesota. While the above costs can give you an idea of what you’d pay for car insurance in Minnesota, requesting a customized quote will help give you a more accurate picture of what you’ll pay.
The majority of companies offer quick and free online tools to provide you with a quote. Alternatively, you can also call an insurance agent or representative at the company directly. Once you have gathered car insurance quotes from three or more providers, take the time to compare your options and find the best one for you.
Best Cheap Car Insurance In Minnesota: FAQ
Here are some frequently asked questions about car insurance in Minnesota:
How much is car insurance per month in Minnesota?
The average cost of minimum-coverage car insurance in Minnesota is $45 per month or $546 per year. For full coverage, the average is $180 per month or $2,164 per year.
Is Minnesota Car Insurance Cheaper?
Minnesota auto insurance is typically cheaper than the national average. Nationwide, the average cost of minimum-coverage insurance is 670peryear,whiletheaverageinMinnesotais∗∗670 per year, while the average in Minnesota is 670peryear,whiletheaverageinMinnesotais∗∗546 per year. For full coverage, residents of Minnesota pay about $2,164 per year on average, which is less than the national average of $2,216 per year.
How We Rate Insurers
Our review process aims to deliver consistent and unbiased assessments of car insurance providers. While there are multiple qualities that make a car insurance company successful, our review team focuses on those we believe are the most important for consumers:
- Cost: Cost can be difficult to compare between insurers because so many factors impact annual premiums. The cheapest insurer for one driver may not be the cheapest for another. To determine our cost score, we look at insurance rate estimates generated by Quadrant Information Services, discount opportunities, and consumer reports.
- Coverage: To determine our coverage score, we look at the number of coverage options available as well as coverage limits and deductible options. Our ratings also take into account additional services and benefits like roadside assistance.
- Reliability: It’s important that an auto insurer is able to meet its claims obligations. Companies with a strong financial strength rating from AM Best score best in this category. Established insurers with a long history of reliable service also receive positive marks.
- Service: We comb through customer reviews on sites like the Better Business Bureau (BBB) to learn about customer experiences. Insurers with a low volume of complaints score well in this area. We also consider the claims process, giving higher ratings to car insurance providers that offer easy-to-use claims apps.
*Data accurate at time of publication.