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Top Best Car Insurance Quotes Minnesota (MN) 2022

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Top Best Car Insurance Quotes MN – Minnesota.

Car Insurance Quotes MN – Minnesota: This article is about the top best Car Insurance Quotes MN (Minnesota). You will know everything about auto insurance rates and quote and also to find the cheapest car insurance in Minnesota for a variety of ages and driving histories.

Car Insurance Quotes MN

Across the North Star State, there are 283,828 miles of road just waiting to be driven. We’ll get you prepped, then you take the wheel. Read on to learn how much auto insurance costs in Minnesota based on the most common rating factors.

Cheap auto insurance for good drivers in Minnesota

Drivers with good driving records typically enjoy lower car insurance costs than drivers with histories of speeding tickets, at-fault accidents, or DUI citations. Minnesota drivers without a recent at-fault accident usually save 34% on their car insurance premiums — a bit better than the 32% US average. In addition to earning a cheaper premium for driving incident-free, you may qualify for a safe-driving bonus through your car insurance company. The amount of these discounts may vary, but they typically run between 5 and 10%.

Rating Factor$ Savings% Savings
No Traffic Tickets$29219.05%
No Accidents$64934.30%
Good Credit$1,29250.98%

How we chose the cheapest companies in Minnesota

We have carry out a survey and found out that car insurance rates from 15 auto insurers in Minnesota and found the five cheapest options for drivers in several age brackets and with different histories, all driving a 2019 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Minnesota. For full coverage, we used the below 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 coverage per person.
  • $300,000 uninsured motorist coverage per accident.
  • Collision coverage with a $1,000 deductible.
  • Comprehensive coverage with a $1,000 deductible.

Cheapest for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it’s best to shop around to find them.

Cheapest full coverage car insurance in Minnesota for 20-year-olds

Drivers in Minnesota with clean driving records may want to consider the following companies, which had the lowest average rates:

  1. American Family: $1,524 per year, or about $127 per month.
  2. Farm Bureau Financial Services: $1,709 per year, or about $142 per month.
  3. State Farm: $1,931 per year, or about $161 per month.
  4. North Star: $2,131 per year, or about $178 per month.
  5. Auto-Owners: $2,319 per year, or about $193 per month.

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Cheapest minimum coverage car insurance in Minnesota for 20-year-olds

Drivers in Minnesota who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

  1. North Star: $543 per year, or about $45 per month.
  2. Auto-Owners: $708 per year, or about $59 per month.
  3. State Farm: $788 per year, or about $66 per month.
  4. American Family: $818 per year, or about $68 per month.
  5. Farm Bureau Financial Services: $854 per year, or about $71 per month.

Cheapest auto insurance in Minnesota for 20-year-olds with poor credit

Drivers with poor credit in Minnesota should look at the following insurers with the lowest average rates for minimum coverage:

  1. North Star: $900 per year, or about $75 per month.
  2. Geico: $1,229 per year, or about $102 per month.
  3. West Bend: $1,399 per year, or about $117 per month.
  4. Country Financial: $1,515 per year, or about $126 per month.
  5. American Family: $1,574 per year, or about $131 per month.

Cheapest auto insurance in Minnesota for 20-year-old drivers with one at-fault crash

For drivers with a recent accident in Minnesota, here are the companies with the lowest average rates for minimum coverage:

  1. American Family: $818 per year, or about $68 per month.
  2. North Star: $831 per year, or about $69 per month.
  3. Auto-Owners: $969 per year, or about $81 per month.
  4. State Farm: $1,027 per year, or about $86 per month.
  5. Country Financial: $1,058 per year, or about $88 per month.

Cheapest auto insurance in Minnesota for 20-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers’ average rates for minimum coverage.

  1. American Family: $968 per year, or about $81 per month.
  2. Western National: $1,076 per year, or about $90 per month.
  3. State Farm: $1,245 per year, or about $104 per month.
  4. Country Financial: $1,260 per year, or about $105 per month.
  5. North Star: $1,285 per year, or about $107 per month.

Minnesota Auto Insurance Laws

In Minnesota, state minimum coverage requirements include liability coverage, uninsured motorist, and personal injury protection coverages with limits of:

Liability

  • Bodily Injury $30,000 per person
  • Bodily Injury $60,000 per accident
  • Property Damage $10,000 per accident

Uninsured/Underinsured Motorist

  • Bodily Injury $25,000 per person
  • Bodily Injury $50,000 per accident

Personal Injury Protection (PIP)

  • $20,000 Medical Expense per person
  • $20,000 Economic Loss per person

Optional coverage in Minnesota (varies by carrier):

  • Comprehensive
  • Collision
  • Loan/Lease Payoff
  • Rental Car Reimbursement
  • Roadside Assistance

For the minimum allowed coverage in Minnesota, you can expect to pay an average of $549 annually. These premiums are cheaper than the U.S. average by 16%. If you opt for better car insurance coverage, you can purchase a policy with comprehensive and collision coverage, protecting against damages caused by vehicle accidents, theft or vandalism, or inclement weather. Better coverage carries a cost: in Minnesota, a comprehensive insurance policy with a $1,000 deductible costs $1,095, 99% more than liability-only coverage. For a comprehensive policy with a $500 deductible, expect to pay 128% more than you would for basic liability-only coverage.

If you have any questions concerning Car Insurance Quotes MN – Minnesota, please feel free to use the comment box below and ask us your question. We will be very pleased to answer you.

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