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Average cost of car insurance in Minnesota for 2024
Minnesota drivers pay an average rate of $677 for minimum coverage and $2,203 for full coverage car insurance.
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How much is car insurance in Minnesota?
Minnesota drivers can typically find more affordable car insurance than drivers in several other states. Minnesota's annual car insurance averages — $677 for minimum and $2,203 for full coverage — are notably lower than the national annual averages, which are $644 for minimum and $2,314 for full coverage auto insurance. Like most states, car insurance premiums in Minnesota are influenced by a number of factors and will vary by driver. Some of these factors include the kind of car you drive, the amount and types of coverage you need, the city you live in, your driving record and your age. Bankrate's insurance editorial team, which includes licensed agents with real-world insurance experience, analyzed premium data from Quadrant Information Services to help you find the best rates when looking for auto insurance in Minnesota.
Key takeaways
- In Minnesota's most populous city, Minneapolis, drivers pay an average of $2,203 per year for full coverage and $677 per year for minimal coverage, which works out to monthly payments of $184 and $56, respectively.
- Drivers who pay the most for auto insurance in Minnesota are 18-year-old males with their own policy at an average rate of $6,199 annually.
- Being convicted of a DUI in Minnesota could increase your policy premium by an average of 98 percent more.
- Drivers in the North Star State with excellent credit pay an average of $1,863 per year for full coverage — 15 percent less than the state average.
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Minnesota car insurance rates by city
Minnesota is a large state with diverse communities that range from urban to rural. Drivers in Minnesota’s bigger cities typically see more expensive premiums than those who live in rural or suburban areas, partly due to the fact that congested traffic can lead to more accidents. We broke down average rates for the 10 most populated cities in Minnesota below to give you an idea of what to expect depending on where you live. Drivers in Minneapolis can expect to pay some of the highest rates in the state — 7 percent more than the Minnesota average.
Sorry, we don't have enough data yet on this city yet!
But these other cities in the state may give you some insight.
| City | Avg. monthly full coverage premium | Avg. annual full coverage premium | Avg. savings vs. state average |
|---|---|---|---|
| Norwood | $186 | $2,226 | +1% |
| Young America | $165 | $1,975 | -11% |
| Monticello | $181 | $2,173 | -1% |
| Loretto | $173 | $2,078 | -6% |
| Knife River | $195 | $2,342 | +6% |
| Schroeder | $193 | $2,319 | +5% |
| Adolph | $178 | $2,135 | -3% |
| Angora | $197 | $2,358 | +7% |
| Cloquet | $186 | $2,237 | +2% |
| Cromwell | $195 | $2,336 | +6% |
| Rockford | $180 | $2,163 | -2% |
| Maple Plain | $170 | $2,045 | -7% |
| Aurora | $189 | $2,268 | +3% |
| Ely | $196 | $2,348 | +6% |
| Esko | $184 | $2,210 | +0% |
| Virginia | $186 | $2,231 | +1% |
| Duluth | $173 | $2,073 | -6% |
| Brownsville | $174 | $2,089 | -5% |
| Grand Meadow | $171 | $2,055 | -7% |
| Kenyon | $176 | $2,114 | -4% |
| La Crescent | $172 | $2,065 | -6% |
| Mabel | $176 | $2,108 | -4% |
| Minneapolis | $197 | $2,365 | +7% |
| Finland | $195 | $2,337 | +6% |
| Cotton | $197 | $2,365 | +7% |
| Osseo | $173 | $2,072 | -6% |
| Santiago | $186 | $2,231 | +1% |
| Ghent | $165 | $1,979 | -11% |
| Hanley Falls | $165 | $1,982 | -11% |
| Madison | $167 | $2,009 | -9% |
| New London | $170 | $2,036 | -8% |
| Odessa | $167 | $2,007 | -9% |
| Saint Cloud | $172 | $2,062 | -7% |
| Bowlus | $191 | $2,294 | +4% |
| Evansville | $175 | $2,096 | -5% |
| Flensburg | $191 | $2,293 | +4% |
| Foreston | $188 | $2,255 | +2% |
| Garfield | $173 | $2,077 | -6% |
| Greenwald | $180 | $2,155 | -2% |
| Lowry | $174 | $2,087 | -5% |
| Windom | $167 | $2,002 | -10% |
| Chandler | $168 | $2,021 | -9% |
| Mountain Lake | $166 | $1,988 | -10% |
| Ormsby | $182 | $2,183 | -1% |
| Slayton | $169 | $2,028 | -8% |
| Willmar | $169 | $2,024 | -8% |
| Appleton | $167 | $1,998 | -10% |
| Atwater | $169 | $2,025 | -8% |
| Correll | $168 | $2,012 | -9% |
| Danube | $164 | $1,967 | -11% |
| Paynesville | $179 | $2,147 | -3% |
| Richmond | $179 | $2,148 | -3% |
| Upsala | $192 | $2,302 | +4% |
| Wahkon | $190 | $2,276 | +3% |
| Aitkin | $193 | $2,317 | +5% |
| Akeley | $198 | $2,374 | +7% |
| Bertha | $195 | $2,345 | +6% |
| Eagle Bend | $196 | $2,349 | +6% |
| Emily | $195 | $2,346 | +6% |
| Menahga | $195 | $2,343 | +6% |
| Beltrami | $178 | $2,136 | -3% |
| Clitherall | $178 | $2,134 | -3% |
| Blomkest | $168 | $2,011 | -9% |
| Clara City | $166 | $1,996 | -10% |
| Clements | $166 | $1,989 | -10% |
| Clinton | $168 | $2,018 | -9% |
| Cottonwood | $164 | $1,967 | -11% |
| Tofte | $193 | $2,317 | +5% |
| Two Harbors | $194 | $2,333 | +6% |
| Alborn | $198 | $2,379 | +8% |
| Barnum | $193 | $2,316 | +5% |
| Cook | $198 | $2,372 | +7% |
| Eveleth | $186 | $2,232 | +1% |
| Winona | $164 | $1,970 | -11% |
| Clarks Grove | $166 | $1,987 | -10% |
| Freeborn | $166 | $1,998 | -10% |
| Glenville | $166 | $1,990 | -10% |
| Sleepy Eye | $164 | $1,970 | -11% |
| Shakopee | $171 | $2,052 | -7% |
| Dovray | $168 | $2,019 | -9% |
| Dunnell | $165 | $1,977 | -11% |
| Round Lake | $168 | $2,012 | -9% |
| Alberta | $167 | $2,005 | -9% |
| Benson | $165 | $1,986 | -10% |
| Cosmos | $166 | $1,994 | -10% |
| Dawson | $167 | $2,007 | -9% |
| Howard Lake | $181 | $2,173 | -1% |
| Princeton | $188 | $2,259 | +3% |
| Savage | $173 | $2,077 | -6% |
| Stewart | $165 | $1,978 | -11% |
| Waverly | $181 | $2,166 | -2% |
| Saint Michael | $181 | $2,174 | -1% |
| Waconia | $166 | $1,987 | -10% |
| Watertown | $168 | $2,013 | -9% |
| Watkins | $171 | $2,050 | -7% |
| Racine | $172 | $2,064 | -6% |
| Stockton | $167 | $2,000 | -10% |
| Zumbrota | $173 | $2,080 | -6% |
| Amboy | $165 | $1,983 | -10% |
| Easton | $165 | $1,982 | -11% |
| Elmore | $164 | $1,963 | -12% |
| Frost | $165 | $1,977 | -11% |
| Janesville | $166 | $1,990 | -10% |
| Kandiyohi | $167 | $2,007 | -9% |
| Milan | $165 | $1,983 | -10% |
| Murdock | $168 | $2,012 | -9% |
| Ortonville | $169 | $2,026 | -8% |
| Raymond | $167 | $2,004 | -9% |
| Renville | $165 | $1,978 | -11% |
| Watson | $175 | $2,100 | -5% |
| Barrett | $175 | $2,100 | -5% |
| Cold Spring | $178 | $2,131 | -3% |
| Little Falls | $190 | $2,275 | +3% |
| Onamia | $190 | $2,281 | +3% |
| Hoyt Lakes | $190 | $2,283 | +4% |
| Kettle River | $195 | $2,336 | +6% |
| Adams | $168 | $2,019 | -9% |
| Canton | $176 | $2,111 | -4% |
| Sacred Heart | $164 | $1,965 | -11% |
| Alexandria | $174 | $2,087 | -5% |
| Bock | $190 | $2,281 | +3% |
| Brooten | $180 | $2,166 | -2% |
| Burtrum | $193 | $2,319 | +5% |
| Elrosa | $178 | $2,136 | -3% |
| Holmes City | $175 | $2,096 | -5% |
| Isle | $189 | $2,273 | +3% |
| Oak Park | $189 | $2,268 | +3% |
| Spring Park | $173 | $2,078 | -6% |
| Albertville | $182 | $2,182 | -1% |
| Elk River | $183 | $2,202 | -0% |
| Excelsior | $167 | $2,008 | -9% |
| Bethel | $187 | $2,244 | +2% |
| Chisago City | $189 | $2,268 | +3% |
| Saint Francis | $188 | $2,257 | +2% |
| Scandia | $186 | $2,227 | +1% |
| Saint Paul | $185 | $2,217 | +1% |
| Jackson | $166 | $1,996 | -10% |
| Jeffers | $169 | $2,025 | -8% |
| Ruthton | $167 | $2,010 | -9% |
| Sherburn | $165 | $1,975 | -11% |
| Clontarf | $166 | $1,988 | -10% |
| Maynard | $165 | $1,983 | -11% |
| Pennock | $170 | $2,038 | -8% |
| Wheaton | $177 | $2,126 | -4% |
| Ashby | $176 | $2,111 | -4% |
| Graceville | $169 | $2,027 | -8% |
| Minneota | $166 | $1,990 | -10% |
| Taunton | $166 | $1,997 | -10% |
| Vesta | $166 | $1,994 | -10% |
| Marietta | $167 | $2,003 | -10% |
| Miltona | $177 | $2,123 | -4% |
| Morris | $167 | $2,002 | -10% |
| Seaforth | $165 | $1,984 | -10% |
| Albany | $179 | $2,150 | -2% |
| Gilman | $183 | $2,199 | -0% |
| Holdingford | $179 | $2,152 | -2% |
| Porter | $166 | $1,997 | -10% |
| Prinsburg | $168 | $2,011 | -9% |
| Redwood Falls | $164 | $1,971 | -11% |
| Wanda | $169 | $2,025 | -8% |
| Grey Eagle | $192 | $2,305 | +5% |
| Hoffman | $175 | $2,105 | -5% |
| Kensington | $174 | $2,086 | -5% |
| Melrose | $178 | $2,140 | -3% |
| Milaca | $191 | $2,290 | +4% |
| New Munich | $178 | $2,141 | -3% |
| Hibbing | $187 | $2,248 | +2% |
| Kerrick | $190 | $2,282 | +4% |
| Side Lake | $196 | $2,347 | +6% |
| Swan River | $194 | $2,322 | +5% |
| Wrenshall | $191 | $2,295 | +4% |
| Wright | $196 | $2,352 | +7% |
| Rochester | $167 | $2,003 | -9% |
| Dodge Center | $170 | $2,040 | -8% |
| Swift | $182 | $2,184 | -1% |
| Glyndon | $173 | $2,071 | -6% |
| Mcintosh | $184 | $2,207 | +0% |
| Ottertail | $179 | $2,147 | -3% |
| Waubun | $186 | $2,232 | +1% |
| Cass Lake | $196 | $2,356 | +7% |
| Marcell | $195 | $2,338 | +6% |
| Mizpah | $193 | $2,318 | +5% |
| Remer | $200 | $2,396 | +8% |
| Afton | $176 | $2,114 | -4% |
| Braham | $192 | $2,299 | +4% |
| Cedar | $186 | $2,228 | +1% |
| Cottage Grove | $174 | $2,085 | -5% |
| Dundas | $172 | $2,061 | -7% |
| Medford | $169 | $2,034 | -8% |
| Sandstone | $189 | $2,269 | +3% |
| Waite Park | $173 | $2,078 | -6% |
| Ironton | $193 | $2,318 | +5% |
| Nisswa | $194 | $2,327 | +6% |
| Park Rapids | $198 | $2,371 | +7% |
| Boyd | $167 | $2,000 | -10% |
| New York Mills | $181 | $2,167 | -2% |
| Ogema | $184 | $2,204 | +0% |
| Osage | $184 | $2,211 | +0% |
| Perley | $178 | $2,142 | -3% |
| Blackduck | $201 | $2,407 | +9% |
| Loman | $193 | $2,310 | +5% |
| Outing | $198 | $2,382 | +8% |
| Puposky | $200 | $2,403 | +9% |
| Kabetogama | $192 | $2,301 | +4% |
| Solway | $199 | $2,387 | +8% |
| Gilbert | $187 | $2,241 | +2% |
| Jacobson | $195 | $2,337 | +6% |
| Swatara | $197 | $2,359 | +7% |
| Twig | $187 | $2,243 | +2% |
| Kasson | $169 | $2,031 | -8% |
| Grand Rapids | $190 | $2,278 | +3% |
| Hill City | $195 | $2,338 | +6% |
| Iron | $189 | $2,264 | +3% |
| Kinney | $193 | $2,311 | +5% |
| Mcgregor | $197 | $2,359 | +7% |
| Tamarack | $194 | $2,333 | +6% |
| Tower | $196 | $2,356 | +7% |
| Winton | $195 | $2,336 | +6% |
| Chatfield | $171 | $2,048 | -7% |
| Claremont | $172 | $2,061 | -7% |
| Lyle | $167 | $2,010 | -9% |
| Twin Lakes | $166 | $1,992 | -10% |
| Holyoke | $193 | $2,322 | +5% |
| Nashwauk | $193 | $2,311 | +5% |
| Soudan | $196 | $2,348 | +6% |
| Sturgeon Lake | $191 | $2,291 | +4% |
| Warba | $192 | $2,310 | +5% |
| Eitzen | $174 | $2,087 | -5% |
| Elgin | $173 | $2,073 | -6% |
| Hokah | $174 | $2,087 | -5% |
| Oronoco | $165 | $1,983 | -10% |
| Rollingstone | $171 | $2,049 | -7% |
| Stewartville | $165 | $1,986 | -10% |
| Benedict | $200 | $2,396 | +8% |
| Crosby | $194 | $2,332 | +6% |
| Lake George | $201 | $2,413 | +9% |
| Palisade | $194 | $2,327 | +5% |
| Deer Creek | $179 | $2,151 | -2% |
| Moorhead | $162 | $1,941 | -13% |
| Naytahwaush | $186 | $2,235 | +1% |
| Nielsville | $180 | $2,158 | -2% |
| Perham | $178 | $2,131 | -3% |
| Bigfork | $196 | $2,347 | +6% |
| Birchdale | $194 | $2,328 | +6% |
| Bowstring | $195 | $2,344 | +6% |
| Gonvick | $192 | $2,305 | +5% |
| Ponemah | $201 | $2,407 | +9% |
| Ranier | $190 | $2,279 | +3% |
| Tenstrike | $200 | $2,404 | +9% |
| Balaton | $166 | $1,995 | -10% |
| Edgerton | $167 | $2,000 | -10% |
| Holland | $167 | $2,005 | -9% |
| Okabena | $167 | $2,008 | -9% |
| Bellingham | $168 | $2,015 | -9% |
| Holloway | $166 | $1,989 | -10% |
| Morgan | $167 | $2,007 | -9% |
| Norcross | $175 | $2,100 | -5% |
| Spicer | $169 | $2,022 | -9% |
| Wabasso | $163 | $1,960 | -12% |
| Wood Lake | $166 | $1,989 | -10% |
| Brandon | $174 | $2,094 | -5% |
| Carlos | $175 | $2,104 | -5% |
| Dalton | $176 | $2,109 | -4% |
| Nelson | $175 | $2,100 | -5% |
| Wykoff | $174 | $2,084 | -6% |
| Mankato | $159 | $1,906 | -14% |
| Darfur | $165 | $1,983 | -11% |
| Eagle Lake | $163 | $1,958 | -12% |
| Lafayette | $164 | $1,963 | -11% |
| Lewisville | $164 | $1,970 | -11% |
| Vernon Center | $167 | $2,000 | -10% |
| Winnebago | $164 | $1,969 | -11% |
| Arco | $167 | $2,000 | -10% |
| Magnolia | $170 | $2,034 | -8% |
| Pipestone | $167 | $1,999 | -10% |
| Welcome | $164 | $1,969 | -11% |
| Chokio | $168 | $2,011 | -9% |
| Clarkfield | $164 | $1,972 | -11% |
| Danvers | $166 | $1,989 | -10% |
| Granite Falls | $167 | $1,999 | -10% |
| Kerkhoven | $168 | $2,022 | -9% |
| Lake Lillian | $169 | $2,026 | -8% |
| Marshall | $165 | $1,985 | -10% |
| Montevideo | $167 | $1,999 | -10% |
| Morton | $164 | $1,968 | -11% |
| Olivia | $163 | $1,958 | -12% |
| Sunburg | $170 | $2,035 | -8% |
| Farwell | $173 | $2,078 | -6% |
| Glenwood | $174 | $2,085 | -5% |
| Mc Grath | $195 | $2,341 | +6% |
| Osakis | $186 | $2,229 | +1% |
| Lake Benton | $166 | $1,997 | -10% |
| Lynd | $165 | $1,978 | -11% |
| Woodstock | $165 | $1,981 | -11% |
| Wabasha | $174 | $2,085 | -5% |
| Delavan | $165 | $1,981 | -11% |
| Le Sueur | $171 | $2,053 | -7% |
| Isanti | $194 | $2,329 | +6% |
| Elko New Market | $169 | $2,033 | -8% |
| Pine City | $189 | $2,268 | +3% |
| Red Wing | $177 | $2,120 | -4% |
| Inver Grove Heights | $177 | $2,127 | -3% |
| Stacy | $193 | $2,312 | +5% |
| Taylors Falls | $190 | $2,281 | +3% |
| Echo | $167 | $2,009 | -9% |
| Grove City | $166 | $1,991 | -10% |
| Lucan | $168 | $2,010 | -9% |
| Belgrade | $179 | $2,153 | -2% |
| Cyrus | $175 | $2,097 | -5% |
| Foley | $187 | $2,242 | +2% |
| Freeport | $179 | $2,151 | -2% |
| Lastrup | $191 | $2,289 | +4% |
| Ogilvie | $191 | $2,295 | +4% |
| Silver Lake | $165 | $1,975 | -11% |
| Winsted | $167 | $2,004 | -9% |
| Waseca | $167 | $2,000 | -10% |
| Currie | $168 | $2,022 | -9% |
| Fulda | $170 | $2,044 | -7% |
| Heron Lake | $168 | $2,021 | -9% |
| Prior Lake | $171 | $2,051 | -7% |
| Winthrop | $168 | $2,021 | -9% |
| Bingham Lake | $167 | $2,007 | -9% |
| Brewster | $168 | $2,010 | -9% |
| Hills | $171 | $2,046 | -7% |
| Revere | $166 | $1,996 | -10% |
| Beardsley | $167 | $2,009 | -9% |
| Canby | $167 | $2,001 | -10% |
| Wells | $165 | $1,980 | -11% |
| Adrian | $170 | $2,036 | -8% |
| Ceylon | $166 | $1,992 | -10% |
| Iona | $171 | $2,049 | -7% |
| Kanaranzi | $169 | $2,025 | -8% |
| Silver Creek | $182 | $2,187 | -1% |
| Norwood Young America | $166 | $1,987 | -10% |
| Rice | $179 | $2,148 | -3% |
| Saint Joseph | $176 | $2,107 | -4% |
| West Union | $192 | $2,301 | +4% |
| Brainerd | $193 | $2,320 | +5% |
| Pillager | $196 | $2,347 | +6% |
| Randall | $190 | $2,280 | +3% |
| Sebeka | $196 | $2,351 | +7% |
| Dilworth | $165 | $1,980 | -11% |
| Felton | $176 | $2,113 | -4% |
| Reads Landing | $173 | $2,080 | -6% |
| Bricelyn | $165 | $1,979 | -11% |
| Hanska | $164 | $1,969 | -11% |
| La Salle | $165 | $1,979 | -11% |
| Le Center | $172 | $2,062 | -7% |
| New Prague | $172 | $2,062 | -7% |
| Saint Peter | $165 | $1,975 | -11% |
| Hancock | $166 | $1,993 | -10% |
| Herman | $176 | $2,114 | -4% |
| Milroy | $166 | $1,987 | -10% |
| Avon | $177 | $2,119 | -4% |
| Hillman | $198 | $2,377 | +8% |
| Long Prairie | $191 | $2,291 | +4% |
| Redlake | $200 | $2,396 | +8% |
| Roosevelt | $181 | $2,172 | -1% |
| South International Falls | $190 | $2,281 | +3% |
| Waskish | $199 | $2,388 | +8% |
| Cambridge | $193 | $2,314 | +5% |
| Goodhue | $176 | $2,114 | -4% |
| Harris | $191 | $2,289 | +4% |
| Lakeville | $171 | $2,053 | -7% |
| Marine On Saint Croix | $182 | $2,185 | -1% |
| South Saint Paul | $185 | $2,226 | +1% |
| Webster | $173 | $2,074 | -6% |
| Pine Island | $168 | $2,012 | -9% |
| Blue Earth | $164 | $1,971 | -11% |
| Ellendale | $168 | $2,011 | -9% |
| Essig | $163 | $1,961 | -12% |
| Kilkenny | $171 | $2,051 | -7% |
| Northrop | $164 | $1,968 | -11% |
| Saint Clair | $167 | $2,004 | -9% |
| Searles | $164 | $1,964 | -11% |
| Truman | $163 | $1,950 | -12% |
| Almelund | $197 | $2,369 | +7% |
| Frontenac | $174 | $2,082 | -6% |
| Henriette | $189 | $2,262 | +3% |
| Hinckley | $190 | $2,274 | +3% |
| Mora | $190 | $2,281 | +3% |
| Newport | $182 | $2,179 | -1% |
| Rosemount | $171 | $2,050 | -7% |
| Hawley | $177 | $2,120 | -4% |
| Rothsay | $174 | $2,085 | -5% |
| Ulen | $176 | $2,117 | -4% |
| Bagley | $192 | $2,300 | +4% |
| Farmington | $172 | $2,068 | -6% |
| Forest Lake | $185 | $2,219 | +1% |
| Deerwood | $194 | $2,325 | +5% |
| Hackensack | $196 | $2,355 | +7% |
| Climax | $180 | $2,156 | -2% |
| Fergus Falls | $175 | $2,103 | -5% |
| Bovey | $191 | $2,298 | +4% |
| Britt | $190 | $2,280 | +3% |
| Calumet | $192 | $2,304 | +4% |
| Canyon | $196 | $2,357 | +7% |
| Crane Lake | $196 | $2,352 | +7% |
| Floodwood | $198 | $2,371 | +7% |
| East Grand Forks | $177 | $2,125 | -4% |
| Goodridge | $183 | $2,194 | -0% |
| Saint Vincent | $181 | $2,171 | -1% |
| Beaver Creek | $169 | $2,032 | -8% |
| Bigelow | $168 | $2,020 | -9% |
| Butterfield | $165 | $1,976 | -11% |
| Ivanhoe | $166 | $1,996 | -10% |
| Leota | $170 | $2,035 | -8% |
| Rushmore | $170 | $2,035 | -8% |
| Tyler | $166 | $1,996 | -10% |
| Alvarado | $180 | $2,157 | -2% |
| Noyes | $180 | $2,166 | -2% |
| Viking | $183 | $2,199 | -0% |
| Williams | $184 | $2,212 | +0% |
| Gatzke | $185 | $2,224 | +1% |
| Karlstad | $185 | $2,219 | +1% |
| Kennedy | $182 | $2,179 | -1% |
| Strathcona | $184 | $2,203 | +0% |
| Crosslake | $195 | $2,338 | +6% |
| Pequot Lakes | $194 | $2,325 | +5% |
| Wadena | $188 | $2,250 | +2% |
| Barnesville | $175 | $2,098 | -5% |
| Dent | $178 | $2,138 | -3% |
| Parkers Prairie | $180 | $2,163 | -2% |
| Pierz | $194 | $2,327 | +5% |
| Marble | $191 | $2,294 | +4% |
| Nett Lake | $193 | $2,313 | +5% |
| Austin | $160 | $1,925 | -13% |
| Thief River Falls | $181 | $2,167 | -2% |
| Plummer | $182 | $2,181 | -1% |
| Red Lake Falls | $180 | $2,159 | -2% |
| Saint Hilaire | $179 | $2,146 | -3% |
| Stephen | $182 | $2,190 | -1% |
| Sawyer | $193 | $2,313 | +5% |
| Willow River | $192 | $2,305 | +5% |
| Byron | $164 | $1,965 | -11% |
| Dexter | $171 | $2,056 | -7% |
| Dover | $168 | $2,010 | -9% |
| Kellogg | $174 | $2,086 | -5% |
| Millville | $174 | $2,088 | -5% |
| Utica | $175 | $2,096 | -5% |
| Cleveland | $167 | $2,006 | -9% |
| Hartland | $166 | $1,995 | -10% |
| New Ulm | $163 | $1,956 | -12% |
| Alpha | $166 | $1,997 | -10% |
| Avoca | $171 | $2,052 | -7% |
| Hardwick | $170 | $2,046 | -7% |
| Lakefield | $167 | $2,004 | -9% |
| Luverne | $170 | $2,037 | -8% |
| Russell | $167 | $2,003 | -9% |
| Steen | $170 | $2,043 | -8% |
| Westbrook | $170 | $2,042 | -8% |
| Wilmont | $168 | $2,014 | -9% |
| Worthington | $169 | $2,031 | -8% |
| Donnelly | $167 | $2,004 | -9% |
| Fosston | $185 | $2,225 | +1% |
| Foxhome | $177 | $2,125 | -4% |
| Nashua | $178 | $2,136 | -3% |
| Bemidji | $196 | $2,356 | +7% |
| Baudette | $184 | $2,210 | +0% |
| International Falls | $188 | $2,255 | +2% |
| Spring Lake | $195 | $2,346 | +6% |
| Ostrander | $173 | $2,073 | -6% |
| Plainview | $174 | $2,090 | -5% |
| Preston | $173 | $2,079 | -6% |
| Roscoe | $177 | $2,121 | -4% |
| Cushing | $192 | $2,309 | +5% |
| Lake Hubert | $197 | $2,359 | +7% |
| Laporte | $200 | $2,403 | +9% |
| Merrifield | $194 | $2,322 | +5% |
| Nevis | $197 | $2,359 | +7% |
| Pine River | $195 | $2,345 | +6% |
| Detroit Lakes | $177 | $2,129 | -3% |
| Grand Marais | $192 | $2,309 | +5% |
| Goodland | $193 | $2,316 | +5% |
| Melrude | $196 | $2,347 | +6% |
| Angle Inlet | $182 | $2,183 | -1% |
| Hallock | $183 | $2,201 | -0% |
| Oak Island | $182 | $2,182 | -1% |
| Warroad | $181 | $2,170 | -1% |
| Saint Stephen | $177 | $2,126 | -4% |
| Sauk Rapids | $176 | $2,118 | -4% |
| Bluffton | $181 | $2,167 | -2% |
| Breckenridge | $175 | $2,101 | -5% |
| Andover | $181 | $2,173 | -1% |
| Arlington | $170 | $2,046 | -7% |
| Brownton | $164 | $1,973 | -11% |
| Darwin | $166 | $1,996 | -10% |
| Fairfax | $163 | $1,950 | -12% |
| Hector | $165 | $1,985 | -10% |
| Hendricks | $167 | $2,004 | -9% |
| Lamberton | $168 | $2,016 | -9% |
| Odin | $165 | $1,983 | -10% |
| Storden | $170 | $2,044 | -7% |
| Trimont | $165 | $1,984 | -10% |
| Walnut Grove | $166 | $1,993 | -10% |
| Dumont | $169 | $2,025 | -8% |
| Halstad | $179 | $2,153 | -2% |
| Ponsford | $185 | $2,226 | +1% |
| Vergas | $179 | $2,146 | -3% |
| Federal Dam | $201 | $2,407 | +9% |
| Lengby | $185 | $2,224 | +1% |
| Leonard | $192 | $2,305 | +5% |
| Margie | $192 | $2,305 | +5% |
| Redby | $200 | $2,400 | +9% |
| Shevlin | $195 | $2,340 | +6% |
| Squaw Lake | $196 | $2,352 | +7% |
| Isabella | $194 | $2,333 | +6% |
| Silver Bay | $195 | $2,341 | +6% |
| Babbitt | $196 | $2,346 | +6% |
| Biwabik | $187 | $2,244 | +2% |
| Frazee | $178 | $2,139 | -3% |
| Gary | $181 | $2,176 | -1% |
| Georgetown | $175 | $2,104 | -5% |
| Lake Park | $178 | $2,131 | -3% |
| Mahnomen | $186 | $2,229 | +1% |
| Richwood | $180 | $2,165 | -2% |
| Underwood | $178 | $2,133 | -3% |
| Wendell | $174 | $2,094 | -5% |
| Winger | $184 | $2,207 | +0% |
| Wolverton | $175 | $2,105 | -5% |
| Talmoon | $195 | $2,336 | +6% |
| Gully | $184 | $2,211 | +0% |
| Max | $196 | $2,348 | +6% |
| Northome | $196 | $2,349 | +6% |
| Anoka | $182 | $2,189 | -1% |
| Becker | $183 | $2,196 | -0% |
| Big Lake | $184 | $2,207 | +0% |
| Gaylord | $169 | $2,032 | -8% |
| Lester Prairie | $166 | $1,991 | -10% |
| Annandale | $184 | $2,206 | +0% |
| Champlin | $179 | $2,146 | -3% |
| Burnsville | $173 | $2,081 | -6% |
| Green Isle | $170 | $2,045 | -7% |
| Hanover | $182 | $2,183 | -1% |
| Hopkins | $178 | $2,131 | -3% |
| Mayer | $165 | $1,985 | -10% |
| Minnetonka Beach | $172 | $2,063 | -7% |
| Humboldt | $181 | $2,170 | -1% |
| Lake Bronson | $185 | $2,214 | +1% |
| Mentor | $184 | $2,207 | +0% |
| Oklee | $182 | $2,185 | -1% |
| Wannaska | $184 | $2,202 | -0% |
| Warren | $183 | $2,199 | -0% |
| Albert Lea | $162 | $1,947 | -12% |
| Conger | $167 | $2,004 | -9% |
| Hayward | $166 | $1,989 | -10% |
| Henderson | $171 | $2,047 | -7% |
| Madison Lake | $164 | $1,973 | -11% |
| Montgomery | $173 | $2,079 | -6% |
| Nicollet | $165 | $1,981 | -11% |
| Rose Creek | $168 | $2,018 | -9% |
| Rushford | $175 | $2,105 | -5% |
| Taopi | $170 | $2,038 | -8% |
| Waltham | $170 | $2,036 | -8% |
| Wanamingo | $175 | $2,103 | -5% |
| Belle Plaine | $166 | $1,995 | -10% |
| Comfrey | $165 | $1,986 | -10% |
| Courtland | $165 | $1,975 | -11% |
| Fairmont | $163 | $1,954 | -12% |
| Good Thunder | $167 | $2,003 | -10% |
| Granada | $163 | $1,956 | -12% |
| Hollandale | $167 | $2,000 | -10% |
| Brimson | $196 | $2,356 | +7% |
| Lutsen | $194 | $2,323 | +5% |
| Brookston | $197 | $2,362 | +7% |
| Buhl | $189 | $2,265 | +3% |
| Finlayson | $192 | $2,306 | +5% |
| Sabin | $171 | $2,055 | -7% |
| Twin Valley | $179 | $2,146 | -3% |
| Bena | $200 | $2,397 | +8% |
| Huntley | $165 | $1,984 | -10% |
| Lake Crystal | $165 | $1,984 | -10% |
| New Richland | $166 | $1,997 | -10% |
| Pemberton | $168 | $2,011 | -9% |
| Starbuck | $175 | $2,100 | -5% |
| Ah Gwah Ching | $195 | $2,339 | +6% |
| Ada | $179 | $2,147 | -3% |
| Comstock | $171 | $2,048 | -7% |
| Mazeppa | $173 | $2,079 | -6% |
| Royalton | $191 | $2,289 | +4% |
| Sartell | $174 | $2,082 | -6% |
| Villard | $175 | $2,097 | -5% |
| Mantorville | $168 | $2,019 | -9% |
| Saint Charles | $174 | $2,087 | -5% |
| West Concord | $172 | $2,065 | -6% |
| Kiester | $165 | $1,978 | -11% |
| Mapleton | $167 | $2,003 | -10% |
| Minnesota Lake | $166 | $1,990 | -10% |
| Sanborn | $168 | $2,015 | -9% |
| Springfield | $165 | $1,984 | -10% |
| Grand Portage | $193 | $2,312 | +5% |
| Chisholm | $187 | $2,249 | +2% |
| Cohasset | $191 | $2,296 | +4% |
| Embarrass | $196 | $2,355 | +7% |
| Chaska | $167 | $2,007 | -9% |
| Crystal Bay | $169 | $2,034 | -8% |
| Eden Valley | $170 | $2,042 | -8% |
| Hamburg | $166 | $1,986 | -10% |
| Minnesota City | $169 | $2,028 | -8% |
| Peterson | $176 | $2,115 | -4% |
| Sargeant | $171 | $2,051 | -7% |
| Zumbro Falls | $173 | $2,081 | -6% |
| Alden | $166 | $1,987 | -10% |
| Elysian | $170 | $2,041 | -8% |
| Garden City | $168 | $2,012 | -9% |
| Kasota | $167 | $1,998 | -10% |
| Fertile | $182 | $2,182 | -1% |
| Kent | $176 | $2,108 | -4% |
| Rochert | $182 | $2,188 | -1% |
| Shelly | $180 | $2,158 | -2% |
| Clearbrook | $193 | $2,315 | +5% |
| Longville | $197 | $2,359 | +7% |
| Pennington | $202 | $2,427 | +10% |
| Plato | $166 | $1,988 | -10% |
| Saint Bonifacius | $168 | $2,018 | -9% |
| Waldorf | $169 | $2,023 | -9% |
| Jasper | $166 | $1,987 | -10% |
| Forbes | $190 | $2,280 | +3% |
| Brook Park | $190 | $2,285 | +4% |
| Grandy | $193 | $2,321 | +5% |
| Morristown | $173 | $2,073 | -6% |
| Welch | $177 | $2,120 | -4% |
| Wyoming | $190 | $2,285 | +4% |
| Mendota | $186 | $2,230 | +1% |
| Glencoe | $165 | $1,975 | -11% |
| Minnetonka | $169 | $2,023 | -9% |
| Eden Prairie | $169 | $2,025 | -8% |
| Hutchinson | $164 | $1,962 | -12% |
| Kimball | $180 | $2,154 | -2% |
| New Germany | $166 | $1,990 | -10% |
| Rogers | $172 | $2,066 | -6% |
| Navarre | $171 | $2,053 | -7% |
| Zimmerman | $188 | $2,259 | +3% |
| Clear Lake | $184 | $2,211 | +0% |
| Franklin | $164 | $1,966 | -11% |
| Gibbon | $169 | $2,032 | -8% |
| Hamel | $173 | $2,077 | -6% |
| Cannon Falls | $177 | $2,126 | -4% |
| Circle Pines | $180 | $2,162 | -2% |
| Dalbo | $194 | $2,323 | +5% |
| Bayport | $175 | $2,098 | -5% |
| Faribault | $176 | $2,116 | -4% |
| Hastings | $172 | $2,066 | -6% |
| Lakeland | $177 | $2,121 | -4% |
| Lindstrom | $190 | $2,282 | +4% |
| North Branch | $190 | $2,274 | +3% |
| Stillwater | $179 | $2,145 | -3% |
| South Haven | $181 | $2,175 | -1% |
| Victoria | $169 | $2,033 | -8% |
| Wayzata | $171 | $2,047 | -7% |
| Donaldson | $182 | $2,181 | -1% |
| Roseau | $182 | $2,181 | -1% |
| Keewatin | $192 | $2,309 | +5% |
| Moose Lake | $193 | $2,322 | +5% |
| Saginaw | $195 | $2,340 | +6% |
| Eyota | $166 | $1,986 | -10% |
| Fountain | $176 | $2,107 | -4% |
| Houston | $175 | $2,100 | -5% |
| Le Roy | $170 | $2,040 | -8% |
| Hovland | $193 | $2,319 | +5% |
| Askov | $190 | $2,278 | +3% |
| Meadowlands | $199 | $2,389 | +8% |
| Mountain Iron | $187 | $2,248 | +2% |
| Orr | $195 | $2,345 | +6% |
| Taconite | $191 | $2,293 | +4% |
| Altura | $174 | $2,086 | -5% |
| Caledonia | $175 | $2,097 | -5% |
| Hayfield | $172 | $2,064 | -6% |
| Hewitt | $195 | $2,337 | +6% |
| Motley | $193 | $2,320 | +5% |
| Verndale | $195 | $2,337 | +6% |
| Walker | $195 | $2,343 | +6% |
| Borup | $179 | $2,143 | -3% |
| Elbow Lake | $175 | $2,105 | -5% |
| Elizabeth | $176 | $2,106 | -4% |
| Erhard | $177 | $2,127 | -3% |
| Makinen | $197 | $2,365 | +7% |
| Dakota | $169 | $2,034 | -8% |
| Elkton | $170 | $2,045 | -7% |
| Harmony | $173 | $2,075 | -6% |
| Lanesboro | $175 | $2,097 | -5% |
| Lewiston | $174 | $2,087 | -5% |
| Center City | $190 | $2,280 | +3% |
| Lonsdale | $175 | $2,100 | -5% |
| Hampton | $171 | $2,052 | -7% |
| Hugo | $180 | $2,165 | -2% |
| Nerstrand | $176 | $2,109 | -4% |
| Northfield | $175 | $2,100 | -5% |
| Euclid | $180 | $2,157 | -2% |
| Greenbush | $185 | $2,223 | +1% |
| Grygla | $186 | $2,235 | +1% |
| Newfolden | $183 | $2,193 | -0% |
| Wirt | $195 | $2,343 | +6% |
| Argyle | $182 | $2,188 | -1% |
| Fisher | $178 | $2,132 | -3% |
| Halma | $183 | $2,192 | -0% |
| Oslo | $182 | $2,186 | -1% |
| Bruno | $192 | $2,304 | +4% |
| Carlton | $185 | $2,224 | +1% |
| Coleraine | $191 | $2,297 | +4% |
| Middle River | $186 | $2,230 | +1% |
| Salol | $191 | $2,296 | +4% |
| Spring Grove | $175 | $2,095 | -5% |
| Spring Valley | $173 | $2,077 | -6% |
| Emmons | $166 | $1,994 | -10% |
| Madelia | $164 | $1,969 | -11% |
| Saint James | $165 | $1,977 | -11% |
| Baxter | $192 | $2,303 | +4% |
| Browerville | $196 | $2,348 | +6% |
| Clarissa | $196 | $2,351 | +7% |
| Fifty Lakes | $195 | $2,340 | +6% |
| Garrison | $195 | $2,344 | +6% |
| Audubon | $178 | $2,138 | -3% |
| Battle Lake | $177 | $2,127 | -3% |
| Callaway | $183 | $2,193 | -0% |
| Dennison | $177 | $2,120 | -4% |
| Lake City | $175 | $2,106 | -5% |
| Saint Paul Park | $177 | $2,128 | -3% |
| Owatonna | $167 | $2,004 | -9% |
| Rush City | $190 | $2,282 | +4% |
| Shafer | $190 | $2,286 | +4% |
| Willernie | $178 | $2,132 | -3% |
| Clearwater | $184 | $2,210 | +0% |
| Cologne | $164 | $1,971 | -11% |
| Dayton | $173 | $2,076 | -6% |
| Montrose | $181 | $2,173 | -1% |
| Pengilly | $192 | $2,309 | +5% |
| Blooming Prairie | $169 | $2,023 | -8% |
| Brownsdale | $168 | $2,020 | -9% |
| Hendrum | $180 | $2,155 | -2% |
| Henning | $179 | $2,142 | -3% |
| Hitterdal | $177 | $2,122 | -4% |
| Pelican Rapids | $178 | $2,138 | -3% |
| Tintah | $178 | $2,136 | -3% |
| Vining | $180 | $2,161 | -2% |
| Big Falls | $192 | $2,304 | +4% |
| Hines | $198 | $2,379 | +8% |
| Kelliher | $199 | $2,385 | +8% |
| Badger | $183 | $2,198 | -0% |
| Brooks | $182 | $2,187 | -1% |
| Crookston | $179 | $2,143 | -3% |
| Strandquist | $185 | $2,215 | +1% |
| Dassel | $166 | $1,997 | -10% |
| Jordan | $167 | $2,006 | -9% |
| Maple Lake | $182 | $2,184 | -1% |
| Grasston | $189 | $2,269 | +3% |
| Lake Elmo | $175 | $2,106 | -4% |
| Randolph | $170 | $2,046 | -7% |
| Stanchfield | $191 | $2,289 | +4% |
| Warsaw | $172 | $2,068 | -6% |
| Pease | $190 | $2,278 | +3% |
| Sauk Centre | $186 | $2,226 | +1% |
| Swanville | $191 | $2,291 | +4% |
| Aldrich | $194 | $2,333 | +6% |
| Backus | $196 | $2,347 | +6% |
| Fort Ripley | $193 | $2,318 | +5% |
| Nimrod | $195 | $2,336 | +6% |
| Staples | $195 | $2,337 | +6% |
| Bejou | $183 | $2,194 | -0% |
| Campbell | $176 | $2,107 | -4% |
| Erskine | $185 | $2,214 | +1% |
| Effie | $193 | $2,317 | +5% |
| Trail | $187 | $2,245 | +2% |
| Flom | $180 | $2,166 | -2% |
| Richville | $179 | $2,144 | -3% |
| Deer River | $194 | $2,324 | +5% |
| Littlefork | $190 | $2,281 | +4% |
| Ellsworth | $169 | $2,034 | -8% |
| Garvin | $164 | $1,973 | -11% |
| Ihlen | $165 | $1,975 | -11% |
| Lismore | $169 | $2,026 | -8% |
| Reading | $169 | $2,025 | -8% |
| Belview | $164 | $1,972 | -11% |
| Browns Valley | $178 | $2,138 | -3% |
| Waterville | $172 | $2,067 | -6% |
| Kenneth | $169 | $2,023 | -9% |
| Lake Wilson | $168 | $2,012 | -9% |
| Tracy | $167 | $1,998 | -10% |
| Barry | $167 | $2,008 | -9% |
| Bird Island | $163 | $1,961 | -12% |
| Buffalo Lake | $163 | $1,953 | -12% |
| Chanhassen | $164 | $1,974 | -11% |
| Cokato | $180 | $2,165 | -2% |
| Delano | $180 | $2,164 | -2% |
| Mound | $171 | $2,054 | -7% |
| Lancaster | $182 | $2,187 | -1% |
| Buffalo | $178 | $2,137 | -3% |
| Carver | $163 | $1,959 | -12% |
| Litchfield | $166 | $1,996 | -10% |
| Long Lake | $171 | $2,051 | -7% |
Average car insurance costs by age and gender in Minnesota
Younger drivers are considered at higher risk because of their lack of experience behind the wheel. Statistically, they are also responsible for more accidents and fatalities than other age groups, making them more expensive to insure. Most drivers will see premiums decrease as they age, as long as they maintain a good driving record and do not file a lot of claims. In many states, including Minnesota, gender also plays a role in determining premiums, with male drivers often paying slightly more than females.
| Age | Average annual full coverage premium in MN | Average minimum coverage premium in MN |
|---|---|---|
|
Age 16*
|
Average annual full coverage premium in MN
$4,558
|
Average minimum coverage premium in MN
$1,466
|
|
Age 18
|
Average annual full coverage premium in MN
$6,199
|
Average minimum coverage premium in MN
$1,939
|
|
Age 20
|
Average annual full coverage premium in MN
$4,915
|
Average minimum coverage premium in MN
$1,329
|
|
Age 25
|
Average annual full coverage premium in MN
$2,742
|
Average minimum coverage premium in MN
$747
|
|
Age 30
|
Average annual full coverage premium in MN
$2,297
|
Average minimum coverage premium in MN
$650
|
|
Age 40
|
Average annual full coverage premium in MN
$2,201
|
Average minimum coverage premium in MN
$643
|
|
Age 50
|
Average annual full coverage premium in MN
$2,013
|
Average minimum coverage premium in MN
$609
|
|
Age 60
|
Average annual full coverage premium in MN
$1,941
|
Average minimum coverage premium in MN
$596
|
|
Age 70
|
Average annual full coverage premium in MN
$2,068
|
Average minimum coverage premium in MN
$649
|
| Age | Average annual full coverage premium in MN | Average minimum coverage premium in MN |
|---|---|---|
|
Age 16*
|
Average annual full coverage premium in MN
$4,215
|
Average minimum coverage premium in MN
$1,479
|
|
Age 18
|
Average annual full coverage premium in MN
$5,509
|
Average minimum coverage premium in MN
$1,832
|
|
Age 20
|
Average annual full coverage premium in MN
$4,206
|
Average minimum coverage premium in MN
$1,298
|
|
Age 25
|
Average annual full coverage premium in MN
$2,561
|
Average minimum coverage premium in MN
$797
|
|
Age 30
|
Average annual full coverage premium in MN
$2,274
|
Average minimum coverage premium in MN
$717
|
|
Age 40
|
Average annual full coverage premium in MN
$2,205
|
Average minimum coverage premium in MN
$712
|
|
Age 50
|
Average annual full coverage premium in MN
$1,950
|
Average minimum coverage premium in MN
$675
|
|
Age 60
|
Average annual full coverage premium in MN
$1,956
|
Average minimum coverage premium in MN
$643
|
|
Age 70
|
Average annual full coverage premium in MN
$2,069
|
Average minimum coverage premium in MN
$683
|
Bankrate’s take: Like every state besides California, Hawaii, Massachusetts, Michigan, North Carolina and Pennsylvania, Minnesota allows insurance companies to use gender as a rating factor for car insurance. According to the Insurance Institute for Highway Safety (IIHS), men not only tend to drive more, but they are also more likely to speed, drive impaired and not wear a seatbelt. These behaviors directly impact the risk of accidents, leading to increased insurance premiums for male drivers. However, by age 30, male drivers in Minnesota start paying less for insurance than their female counterparts.
Cost considerations for young drivers in Minnesota
In Minnesota, drivers aged 16 to 17 must be covered by their parents' or legal guardians' car insurance policy. But, if they are able, they may want to consider remaining on that policy even after they turn 18 and are free to purchase their own auto insurance. As you can see from the chart below, average rates are much lower for a young driver on their parents' car insurance than they are if they have a solo policy.
| Age | Avg. annual premium for drivers in MN |
|---|---|
|
Age 16*
|
Avg. annual premium for drivers in MN
$4,386
|
|
Age 17
|
Avg. annual premium for drivers in MN
$4,012
|
|
Age 18
|
Avg. annual premium for drivers in MN
$3,688
|
|
Age 19
|
Avg. annual premium for drivers in MN
$3,261
|
|
Age 20
|
Avg. annual premium for drivers in MN
$3,109
|
| Age | Avg. annual premium for drivers in MN |
|---|---|
|
Age 18
|
Avg. annual premium for drivers in MN
$5,854
|
|
Age 19
|
Avg. annual premium for drivers in MN
$4,924
|
|
Age 20
|
Avg. annual premium for drivers in MN
$4,560
|
| Age | Avg. annual premium difference for drivers on their own policy |
|---|---|
| Age 18 | 59 percent more |
| Age 19 | 51 percent more |
| Age 20 | 47 percent more |
*18- and 20-year-old are renters on their own policies with no discounts applied
How does driving record impact the cost of car insurance in Minnesota?
Insurance companies, which are in the business of risk management, prefer to insure safe drivers and typically reward them with some of the best car insurance rates. On the other hand, an accident or speeding ticket could raise your premiums considerably. Per the table, a single DUI conviction, one of the most serious traffic violations, could raise your rates by an average of 98 percent more, in addition to whatever state-mandated fines or penalties you incur. Additionally, several driving infractions (or even one serious infraction) could mean insurance companies will consider you a high-risk driver, which will make finding affordable car insurance a bit more challenging.
| Driving incident | Avg. annual premium* in MN | Percentage increase from MN avg. annual premium* |
|---|---|---|
|
Clean driving record
|
Avg. annual premium* in MN
$2,203
|
Percentage increase from MN avg. annual premium*
0%
|
|
Avg. annual premium* in MN
$2,711
|
Percentage increase from MN avg. annual premium*
23%
|
|
|
Avg. annual premium* in MN
$3,179
|
Percentage increase from MN avg. annual premium*
44%
|
|
|
Avg. annual premium* in MN
$4,368
|
Percentage increase from MN avg. annual premium*
98%
|
Car insurance rates in Minnesota by credit tier
Insurers prefer working with drivers who have high credit-based insurance scores, because studies show that they tend to file fewer claims. If you have poor credit, your insurer may be concerned that you'll file more claims; to account for this increased risk, drivers whose credit falls into the poor range could pay around 121 percent more than drivers with so-called “good” credit. This average increase is nearly on par with what a driver convicted of a DUI pays on average, so it might be worth working with a certified financial planner to see what steps you can take to improve your credit.
| Credit tier | Avg. annual premium* in MN | Percentage difference from MN avg. annual premium* |
|---|---|---|
|
Avg. annual premium* in MN
$4,859
|
Percentage difference from MN avg. annual premium*
121%
|
|
|
Average
|
Avg. annual premium* in MN
$2,465
|
Percentage difference from MN avg. annual premium*
12%
|
|
Avg. annual premium* in MN
$2,203
|
Percentage difference from MN avg. annual premium*
0%
|
|
|
Excellent
|
Avg. annual premium* in MN
$1,863
|
Percentage difference from MN avg. annual premium*
-15%
|
Minnesota car insurance rates by vehicle type
The make and model of your car impact your car insurance premium significantly. Cars that have statistically fewer accidents, as well as cars that are cheaper to repair, may see cheaper auto insurance rates. At the same time, a pricey sports car that requires imported parts and has a higher accident rate is likely to be more expensive to insure.
| Vehicle | Avg. annual premium* in MN |
|---|---|
|
Avg. annual premium* in MN
$2,203
|
|
|
Avg. annual premium* in MN
$1,973
|
|
|
Avg. annual premium* in MN
$1,905
|
|
|
BMW 330i
|
Avg. annual premium* in MN
$2,692
|
|
Toyota Prius
|
Avg. annual premium* in MN
$2,229
|
Estimate your car insurance cost in Minnesota
Knowing what you can expect to pay for car insurance can be a great place to start when shopping for a new policy. That is why Bankrate created the handy estimation calculator tool below. After entering some basic information, you'll see a rough insurance premium estimate. While this is not an exact quote, it can give you a good idea so you can budget accordingly.
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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
How to save on car insurance in Minnesota
There's nothing you can do about some factors that impact your car insurance rates, like your age and location, but there may be other ways to lower your car insurance rates in Minnesota.
- Get quotes periodically: Make it a habit to check other carriers’ auto insurance rates every six to 12 months. If you periodically get car insurance quotes from other carriers, you may find better rates from a different company and could find it worthwhile to switch carriers.
- Ask for discounts: Nearly all car insurance companies provide discount opportunities that can help you score lower premiums. For example, you may be able to get a rate reduction for setting up automatic payments, bundling your vehicle and home insurance, staying with the same provider over time or switching companies.
- Buy insurance with accident forgiveness: An accident could raise your premiums up to 42 percent in Minnesota, on average. Opting for coverage with an accident forgiveness endorsement could protect you from a steep increase if you are rarely involved in an accident.
Frequently asked questions
Methodology
Bankrate utilizes Quadrant Information Services to analyze the latest rates in April 2024 for ZIP codes and carriers in all 50 states and Washington, D.C. Rates include the most recent approved rate changes filed by insurance companies that affect our profile. These revised rates are then weighted based on the population density in each geographic region so that policyholders can see the impact rates have in their areas. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2022 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.
Credit-based insurance scores: Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit or limit the use of credit as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan.
Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket and single DUI conviction.
Model: To determine cost by vehicle type, we evaluated our base profile with the following vehicles applied: BMW 330i, Ford F-150, Honda Odyssey, Toyota Prius and Toyota Camry (base).
Age: Rates were calculated by evaluating our base profile with the ages 16-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.
Gender: The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.
Teens: Rates were determined by adding a 16- or 17-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy unless otherwise noted.
Shannon Martin is a licensed insurance agent and Bankrate analyst with over 15 years of experience in the industry. She enjoys helping others navigate the insurance world by cutting through complex jargon and empowering readers to make strong financial decisions independently.
