If you are looking for auto insurance in Minnesota, knowing how much it will cost is a promising idea. The average premium for car insurance in Minnesota is $1,472 per year or $123 per month. While the national average is $1,682. There is a difference of $210 less between the national average and the state average.

If you live here, you know that already. But do you know why? There are a range of factors that affect car insurance rates. A few of them are –age group, gender, driving history, credit score, and location where you live.

Apart from the factors which affect auto insurance rates, this guide also talks about the average rate of full coverage in state, companies offering cheap monthly premiums for car insurance, average car insurance rates by cities in Minnesota, and car insurance rates by age group.

Shop around and compare quotes to save money on your auto insurance. Keep reading the guide to make sure the insurance policy does not cost you more than your requirements.

Average car insurance cost in Minnesota per month

In Minnesota, the average premium for car insurance is $123 per month.

The price for the same coverage may differ between companies, which is true of every auto insurance company. When looking for car insurance rates in Minnesota, it is a promising idea to get quotes from many firms.

As per the rate analysis conducted by Insure.com, the company which offers cheapest car insurance premiums in Minnesota is Nationwide Mutual Ins Co. The average annual cost is $944 while the average cost per month is $79. The second-best option available is, State Farm Mutl Automobile Ins, offering insurance at an average per month cost of $83.

The table below lists the other available car insurance companies which offer car insurance in Minnesota, along with their average cost per month and average annual cost.

Company nameAverage per month costAverage annual cost
Nationwide Mutual Ins Co$79$944
State Farm Mutl Automobile Ins$83$992
USAA Casualty Ins Co$102$1,228
American Family Ins Co$104$1,244
Owners Ins Co$120$1,435
Standard Fire Ins Co$120$1,437
Metropolitan P&C Ins Co$129$1,549
GEICO General Ins Co$132$1,589
Allstate Ind Co$178$2,134
MemberSelect Ins Co$181$2,168

Read our guide to best car insurance companies of 2022

Average cost of car insurance by coverage levels in Minnesota

The amount of coverage you purchase has an impact on how much car insurance costs in Minnesota. Your premium is determined by your liability limits, as well as whether you want comprehensive and collision coverage.

Liability only insurance protects a third party’s property damage and personal injuries in the event of an accident. In the case of a collision, having only liability coverage on your auto insurance would not cover your injuries or personal property damage since you are the driver responsible for the accident. If your coverage limit is 50/100/50 Liability only, the average cost per year in Minnesota is $523.

When you add more coverage to your policy, your insurance premium increases. As the insurance provider will have to compensate you if you are in an accident or suffer damage in any other manner. Hence, the average cost of full coverage car insurance in Minnesota is $1,472 per year.

For someone who does not own the car, but frequently rents a car, non-owner state minimum liability coverage is best suited. It is like liability-only coverage and covers for property damage and bodily injury caused to another driver. In Minnesota, the average annual cost for non-owner state minimum liability only is $263.

And for those who wish to save money on car insurance premiums can opt to have only the state minimum liability coverage, to be able to legally drive in the state. The state minimum liability only coverage costs $491 per year in Minnesota.

Coverage limitsAverage annual cost
50/100/50 Liability Only$523
100/300/100 Liability with $500 Comp/Coll Deductible$1,472
Non-Owner State Minimum Liability Only$263
State Minimum Liability Only$491

Average car insurance cost in Minnesota by City

Your car insurance premium is determined by a variety of factors, including your state, city, and even ZIP code. The incidence of accidents and the likeliness of vehicle theft or vandalism can influence the overall cost of a city or ZIP code.

The table below depicts the top popular cities in Minnesota:

CityAverage annual cost
Minneapolis$1,819
St. Paul$1,843
Rochester$1,388
Duluth$1,425
Bloomington$1,510
Brooklyn Park$1,654
Plymouth$1,454
Woodbury$1,490
Maple Grove$1,459
St. Cloud$1,439

Average car insurance cost in Minnesota by age of the driver

Age is also a consideration when it comes to auto insurance rates. Teens are more likely to be in automobile accidents than any other generation. For example, the average annual rate for young drivers in Minnesota is $2,556 while for seniors is $1,444. Here, the rate for young drivers is $1,112 more than the rate for senior drivers.

According to statistics, young drivers are more likely to be in a vehicle accident than more experienced drivers. As a result, they are deemed high-risk and costly to insure. They are considered a high-risk driver because of over-speeding and less driving experience on road. Although, premiums start to rise again about age 70 when some aspects of aging start affecting driving abilities.

Average car insurance cost in Minnesota for young drivers

The average car insurance cost for female young drivers in Minnesota is $2,364 per year or $197 per month and rate for a male young driver is $2,749 per year or $229 per month.

The average annual rates for young male and female drivers are listed in the table below:

Age of driverAverage annual cost for Male driversAverage annual cost for Female drivers
18$4,071$3,452
19$3,506$2,898
20$3,204$2,711
21$2,623$2,234
22$2,397$2,077
23$2,244$1,967
24$2,123$1,874
25$1,821$1,698

Average car insurance cost in Minnesota for senior drivers

In Minnesota, the cost of car insurance for senior female driver is $1,447 per year or $121 per month and cost of car insurance for male senior driver is $1,440 per year or $120 per month.

Age of driverAverage annual cost for Male driversAverage annual cost for Female drivers
65$1,322$1,328
70$1,417$1,423
75$1,582$1,589

Read more about senior car insurance

Summary of average car insurance cost in Minnesota
Average annual cost
$1,472
Average per month cost
$123
Average cost for state minimum coverage
$491 / Year
Cheapest car insurance company
Nationwide Mutual Ins Co
($944/ Year)
Average cost for young drivers
$2,556 / Year
Average cost for Senior drivers
$1,444 / Year
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