Cheap Car Insurance in Minnesota (2024)
- State Farm has the cheapest full-coverage and liability car insurance rates for most Minnesota drivers.
- Auto-Owners has the lowest rates for young drivers.
- Travelers has the cheapest rates for drivers with a DUI conviction.
Cheapest full-coverage car insurance in Minnesota: State Farm
State Farm has the cheapest full-coverage car insurance for Minnesota drivers, at an average of $1,261 a year, or about $105 a month.
American Family is the next-cheapest option at $1,501 a year.
While USAA has the overall cheapest average full-coverage rate in Minnesota, at $1,098 a year, it only provides car insurance to active duty and veteran military and their families.
Cheapest companies for full-coverage car insurance
| Company | Average annual rate | LendingTree score |
|---|---|---|
| State Farm | $1,261 |  |
| American Family | $1,501 |  |
| Auto-Owners | $1,587 | N/A |
| Travelers | $1,678 | |
| Geico | $2,426 | |
| Allstate | $2,719 |  |
| Farmers | $2,803 | |
| USAA* | $1,098 | |
Full-coverage car insurance combines liability car insurance (for others’ car repairs), collision (for your own car repairs) and comprehensive coverage (for repairs not related to an accident, such as theft). Read our guide to car insurance types for more info.
Minnesota law doesn’t require drivers to carry full-coverage car insurance. But if you financed or leased your car, your lenders will usually require full coverage until your loan or lease ends.
Full-coverage car insurance costs more than a liability-only car insurance policy, but it can be worth it, especially if you own a new car. Liability car insurance does nothing to cover your own damages after an accident.
Cheapest Minnesota liability-only coverage: State Farm
State Farm has the cheapest liability car insurance rates for most drivers in Minnesota, with an average rate of $484 a year, or close to $40 a month.
Auto-Owners is the next-most affordable at $531 a year.
Cheapest companies for liability car insurance
| Company | Average annual rate |
|---|---|
| State Farm | $484 |
| American Family | $531 |
| Auto-Owners | $531 |
| Travelers | $740 |
| Geico | $885 |
| Allstate | $1,103 |
| Farmers | $1,321 |
| USAA* | $348 |
Liability car insurance covers repairs, legal costs and medical expenses of others involved in an accident you’re at-fault for.
Cheapest rates for young drivers in Minnesota: Auto-Owners
Auto-Owners has the cheapest car insurance for teens looking for liability car insurance, at $1,195 a year, or close to $100 a month.
State Farm is the next-cheapest at $1,307 a year.
Cheapest liability car insurance companies for young drivers
| Company | Average annual rate |
|---|---|
| Auto-Owners | $1,195 |
| State Farm | $1,307 |
| Travelers | $1,650 |
| American Family | $1,965 |
| Allstate | $2,112 |
| Geico | $3,060 |
| Farmers | $6,375 |
| USAA* | $765 |
Teen drivers usually pay the highest rates for car insurance, since their lack of experience behind the wheel puts them at higher risk for a claim.
If you’re looking to cut costs for car insurance for a young driver in your home, consider adding them to your current policy. This will increase your annual premium but should still be cheaper than if you and your child had separate policies.
Cheapest rates after a speeding ticket in Minnesota: State Farm
State Farm has the cheapest rates for full-coverage car insurance after a speeding ticket or similar traffic violation, at $1,361 a year, or $113 a month.
Auto-Owners is the next-cheapest option at $1,587 a year.
Cheapest car insurance companies after a ticket
| Company | Average annual rate |
|---|---|
| State Farm | $1,361 |
| Auto-Owners | $1,587 |
| American Family | $1,795 |
| Travelers | $2,151 |
| Geico | $3,134 |
| Farmers | $3,514 |
| Allstate | $3,884 |
| USAA* | $1,342 |
A speeding ticket stays on your driving record for a minimum of five years in Minnesota. During this time, expect to see higher car insurance rates, as you’ll be considered a higher risk for insurers.
Cheapest rates after an accident in Minnesota: State Farm
State Farm has the lowest average rates for full-coverage auto insurance after an at-fault accident, at $1,461 a year.
Auto-Owners is the second-cheapest, at $1,940 a year.
Cheapest car insurance companies after an accident
| Company | Average annual rate |
|---|---|
| State Farm | $1,461 |
| Auto-Owners | $1,940 |
| Travelers | $2,340 |
| American Family | $3,196 |
| Farmers | $4,196 |
| Allstate | $4,566 |
| Geico | $4,717 |
| USAA* | $1,509 |
Best rates after a DUI in Minnesota: Travelers
Travelers is the cheapest choice for Minnesota drivers needing cheap car insurance with a DUI (driving under the influence) conviction, at an average rate of $2,710 a year, or $226 a month.
Auto-Owners has the second-lowest rates, at $2,748 a year.
Cheapest car insurance rates after a DUI
| Company | Average annual rate |
|---|---|
| Travelers | $2,710 |
| Auto-Owners | $2,748 |
| American Family | $2,751 |
| State Farm | $2,816 |
| Farmers | $4,259 |
| Allstate | $4,729 |
| Geico | $8,605 |
| USAA* | $1,987 |
In Minnesota, DUI — also known as a DWI for “driving while intoxicated” — can stay on your record permanently unless it’s a misdemeanor, in which case you might get it expunged. You can expect higher insurance rates for up to 10 years after a DUI.
Car insurance companies consider drivers with a DUI a high risk. A DUI on your record may result in denial of coverage or even policy cancellation.
Although Minnesota doesn’t require drivers with a DUI to also get SR-22 insurance, they must still file an insurance certification with the state’s Driver and Vehicle Services (DVS).
Best Minnesota rates for bad credit: American Family
American Family offers the lowest average rates for Minnesota drivers with poor credit, at $3,014 a year, or $251 a month.
Geico is the next-cheapest choice, at $3,471 a year.
Best car insurance companies for drivers with bad credit
| Company | Average annual rate |
|---|---|
| American Family | $3,014 |
| Geico | $3,471 |
| Auto-Owners | $4,697 |
| Allstate | $5,029 |
| Travelers | $5,069 |
| Farmers | $5,355 |
| State Farm | $8,227 |
| USAA* | $2,618 |
Bad credit car insurance rates are in place because many auto insurers see a link between a driver’s credit score and a higher risk of filing a claim. However, some states limit credit-based insurance quotes or even prohibit them completely.
If you’re not sure what shape your credit is in, you can check for free via LendingTree Spring.
Minnesota insurance rates by city
Of Minnesota’s 25 largest cities, Mankato pays the cheapest full-coverage car insurance rates at $1,647 a year. Brooklyn Park has the most expensive car insurance quotes in Minnesota, at an average annual rate of $2,245 a year.
| City | Annual |
|---|---|
| Apple Valley | $1,863 |
| Blaine | $2,024 |
| Bloomington | $2,035 |
| Brooklyn Park | $2,245 |
| Burnsville | $1,950 |
| Coon Rapids | $2,042 |
| Cottage Grove | $1,885 |
| Duluth | $1,840 |
| Eagan | $1,917 |
| Eden Prairie | $1,872 |
| Edina | $2,004 |
| Lakeville | $1,872 |
| Mankato | $1,647 |
| Maple Grove | $1,872 |
| Maplewood | $2,197 |
| Minneapolis | $2,197 |
| Minnetonka | $1,890 |
| Moorhead | $1,688 |
| Plymouth | $1,923 |
| Rochester | $1,710 |
| Shakopee | $1,863 |
| St. Cloud | $1,844 |
| St. Louis Park | $2,019 |
| St. Paul | $2,129 |
| Woodbury | $1,939 |
Minnesota car insurance laws
Drivers in Minnesota are required to have at least these liability car insurance coverage limits:
- $30,000 bodily injury coverage per person
- $60,000 bodily injury coverage per accident
- $10,000 property damage coverage
- $40,000 personal injury protection (PIP)
Minnesota is a “no-fault” state, meaning that you can file a claim with your own car insurance company after an accident, regardless of who is responsible for it.
In order to offset costs and keep car insurance premiums low, Minnesota also requires drivers to carry PIP, unlike some states.
Keep in mind that these limits are only in place for legal compliance. They shouldn’t be considered adequate coverage.
An accident resulting in a long hospital stay or legal case can hit these limits quickly. Any claim-related costs after your policy limit is hit will come out of your own pocket. To avoid this, consider increasing your liability limits to what your budget can handle.
Methodology
LendingTree uses insurance rate data from Quadrant Information Services using publicly sourced insurance company filings. Rates are based on an analysis of hundreds of thousands of car insurance quotes for a typical driver. Prices are shown for comparative purposes only. Your own rates may be different.
Unless noted otherwise, quotes are for a full-coverage policy for a 30-year-old man with good credit and a clean driving record who drives a 2015 Honda Civic EX.
Minimum-liability policies provide liability coverage with the state’s required minimum limits.
Full-coverage policies include collision, comprehensive and liability coverage:
- Bodily injury liability: $50,000 per person, $100,000 per accident
- Property damage liability: $25,000
- Uninsured motorist bodily injury: $50,000 per person and $100,000 per accident
- Uninsured motorist coverage for property damage: $25,000
- Personal injury protection: $40,000
- Collision: $500 deductible
- Comprehensive: $500 deductible
*USAA is only available to current and former members of the military and their families
Our team of insurance experts rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third party customer service ratings, and app / website experience. We weighted these categories based on what customers value in an insurance company.
For 3rd party customer service ratings, we included NAIC’s Complaint Index scores and financial strength ratings from A.M. Best. NAIC Complaint Index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from A.M. Best reflect the ability to pay out claims.