Minnesota law requires car insurance. Car insurance is a valuable protection in a state that has over 3351,400 drivers. An Minnesota driver will pay $1,643 to get full coverage insurance and $537 to get minimum coverage insurance. Minnesota drivers have many options for affordable car insurance.
Minnesota’s cheapest car insurance company
Minnesota has easy access to affordable car insurance. These car insurance companies offer the lowest average auto insurance rates in Minnesota.
Auto-Owners
J.D. rated Auto-Owners the Central region’s best car insurance company for overall customer satisfaction. Power’s 2020 U.S. Auto Insurance Study. It provides comprehensive insurance coverage and offers good discounts.
An average Minnesota driver will pay $1,366 annually for Auto-Owners full coverage and $430 for a minimal coverage policy. Drivers can save money on premiums by paying their premium on-time, being a good student, and bundling policies.
Automobile Club of Minnesota
Auto Club of Minnesota’s insurance division is AAA. Although car insurance premiums can be a bit more costly, drivers have access to discounts and robust coverage. Minnesota drivers pay $1,777 on average for full coverage insurance and $487 on minimum coverage insurance.
AAA estimates that drivers can save $443 annually by switching from another insurance provider . AAA members receive discounts. This includes having an anti-theft device installed in the vehicle, good driving, paying full and being a good student. You can also get discounts for your employer or occupation.
Country Financial
Country Financial is available to customers in 19 states, which includes Minnesota. There are many options for adding on coverage to your coverage. Country Financial’s signature service, The Keeper(r), will replace your car with the exact same make or model if it is damaged in an accident. You also have emergency roadside assistance that covers up to $100, vehicle rental and trip interruption, personal effects coverage up up to $800, as well as safety glass coverage for your windshield and car windows. Local representatives can help you determine the right coverage for you.
There are many discounts available, including loyalty, multicar, multi-policy and legacy discounts. This depends on your eligibility. Special savings are available for new drivers, college graduates, and good students. Teachers and public safety officers can also get occupational discounts. For couples who have just been engaged, there are discounts.
State Farm
State Farm is the best choice for Minnesota drivers looking for affordable car insurance. An average driver will pay $1,167 annually for full coverage and $483 for minimal coverage.
State Farm is known for its low rates and discounts. Two safe driver discount programs are offered by State Farm: Steer Clear to teen drivers, and Drive Safe & Save to adults. State Farm offers discounts to students who are good at driving, taking defensive driving courses, and being away from school.
USAA
USAA sells insurance only to veterans and active duty military personnel . Minnesota drivers who are eligible for coverage can get affordable rates, great customer care, and a variety discount options.
Minnesota drivers pay $1,491 annually for full coverage insurance. The minimum coverage insurance with USAA costs $461 each year. The company offers discounts to allow you to store your vehicle at a military base or insuring a new car.
Minnesota drivers can get affordable coverage
Minnesota drivers must have minimum car insurance. Minnesota is a state that does not have a fault system. No matter who is at fault, drivers must have a minimum $40,000 in personal accident protection (PIP), which covers medical bills and lost wages following an accident.
Drivers are also required to have personal liability insurance that covers 30/60/10. This includes $30,000 per person in bodily injuries coverage, $60,000 per accident in bodily injuries coverage, and $10,000 per accident in property damage coverage.
Minimum coverage insurance is the lowest rate for drivers. It is strongly recommended that drivers buy coverage above the minimum required. Car accidents can be costly. Drivers who have financial responsibility beyond their policy limit are responsible for paying any difference.
How to Get Minnesota Car Insurance at a Cheap Price
Minnesota drivers looking for affordable car insurance should begin by evaluating available providers. However, there are many other options that can be used to get low insurance rates. These are just a few additional ideas:
- Compare quotes: Rather than choosing the first company that you see, compare quotes from multiple providers. This will allow you to easily compare quotes and determine which company offers the best rate for you.
- Car insurance discounts can be found at most insurance companies. They can lower drivers’ premiums. Common car insurance discount includes being an excellent student, having no claims, and insuring multiple vehicles.
- Your credit score can be improved: The biggest rate factor that will affect your car insurance rate is your credit score. A good way to save money on car insurance is to improve your credit score.
- A defensive driver course is a good idea: Car insurance companies often offer additional savings to drivers who complete a approved defensive driver class. This is especially helpful for young drivers.
- You may be eligible for a discount if you pay your annual premium in full and upfront.
Questions frequently asked
Which Minnesota insurance policy is best?
There are many factors that determine the best Minnesota car insurance company. Some drivers want the lowest rates while others seek the best customer service. Others are looking to get the best coverage. Minnesota drivers need to shop around for insurance providers and compare them to find the best one that meets their needs.
What is the average cost for car insurance in the United States?
For a full coverage policy, the average cost for car insurance is $1674. Minnesota’s average full-coverage car insurance rate is $1,643. Minnesota drivers pay slightly more than the national average.
What are the factors that affect my car insurance rates?
Each driver will pay a different rate for car insurance. The cost of insurance will be affected by factors such as ZIP code, age and credit score.
