Cheapest Car Insurance in Minnesota
Numbers refreshed
Insurers ranked by price where Minnesota publishes rates, and how to lower your own bill.
- $49.the average monthly cost of the legal minimum.
- 30/60/10.what the minimum liability limits are.
- 31st of 51.The priciest state (1st = highest).
Which insurers cost the least in Minnesota
Because Minnesota releases no insurer price comparison, nobody can rank all of its companies using official numbers. Legal policies at the lowest price average $586 a year, which is about $49 a month (NAIC).
Get quotes from at least three insurers, using the same limits and deductibles. For the same driver, a local agent, a direct writer and a regional company often quote prices that differ a lot.
How to pay less
- Keep the state minimum only on an old car you could replace with cash: dropping collision and comprehensive saves $787 a year on the Minnesota average.
- Raise your deductible, and the money you save each year often outweighs the extra amount one claim would cost you.
- Ask for each discount by name: paying in full, good student, multi-car, bundling home and auto, safe-driving apps.
- Check prices again at each renewal. A rise in your rate doesn't mean other companies' rates rose too.
First written