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In Minnesota, factors such as your age, driving history, location, credit score, coverage level and insurer can impact your car insurance rates. State Farm provides the cheapest full coverage policies at approximately $797 per year, while Country Financial has the priciest policy at around $1,457 per year. Additionally, middle-aged drivers pay an average of $1,056 per year, and motorists in their 20s pay roughly $1,303.

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2023

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Average Car Insurance Costs in Minnesota (2023)

The average cost of car insurance in Minnesota is $1,056 per year. However, the rates may vary depending on factors such as coverage amount and driving record. The following shows the average cost of auto insurance in Minnesota for various driver types:

  • Clean record: $1,056 per year
  • Speeding ticket: $1,306 per year
  • Accident: $1,463 per year
  • DUI: $1,936 per year

The rates mentioned above apply to full coverage insurance. Keep in mind that minimum coverage insurance is cheaper but comes with less coverage.

Driving Record
Annual Premium
Monthly Premium

Clean

$461

$38

Clean

$474

$40

Clean

$567

$47

Ticket

$610

$51

Ticket

$619

$52

At-Fault Accident

$697

$58

At-Fault Accident

$700

$58

Ticket

$727

$61

Clean

$967

$81

DUI

$969

$81

DUI

$983

$82

At-Fault Accident

$1,006

$84

Clean

$1,056

$88

DUI

$1,140

$95

Ticket

$1,236

$103

Clean

$1,303

$109

Ticket

$1,306

$109

At-Fault Accident

$1,380

$115

At-Fault Accident

$1,463

$122

Ticket

$1,597

$133

DUI

$1,864

$155

DUI

$1,936

$161

At-Fault Accident

$2,150

$179

DUI

$2,327

$194

Why Are Car Insurance Rates Moderate in Minnesota?

Minnesota's car insurance rates average $1,056 per year, which is close to the national average of $1,054 per year. The state's moderate rates may be affected by factors like moderate traffic density, low urban population density, affordable insurers and few vehicle thefts. If you find Minnesota's car insurance rates costly, it may be because of your age, driving history or other factors specific to you.

Average Car Insurance Costs in Minnesota by Company

The cost of car insurance in Minnesota can differ significantly among providers. As such, the state's average cost may not accurately reflect your potential insurance costs.

For example, Westfield provides the cheapest minimum coverage auto insurance policy in Minnesota, costing $317 per year ($863 per year for full coverage). On the other hand, Country Financial has the highest premiums, with prices averaging approximately $648 per year for minimum coverage ($1,457 per year for full coverage). Although liability-only policies are less expensive, you can still find affordable full coverage insurance by comparing rates from various providers.

Company
Annual Premium
Monthly Premium

State Farm

$305

$25

Westfield

$317

$26

Auto-Owners Insurance Co

$340

$28

State Farm

$355

$30

Auto-Owners Insurance Co

$360

$30

Westfield

$368

$31

Auto-Owners Insurance Co

$370

$31

Iowa Farm Bureau

$378

$31

AAA

$385

$32

Westfield

$388

$32

AAA

$406

$34

State Farm

$415

$35

West Bend Mutual

$438

$36

Iowa Farm Bureau

$440

$37

Iowa Farm Bureau

$452

$38

Western National

$452

$38

West Bend Mutual

$460

$38

Western National

$463

$39

GEICO

$480

$40

Farmers Union Insurance

$497

$41

AAA

$504

$42

American Family

$505

$42

American Family

$506

$42

Nationwide

$513

$43

American Family

$516

$43

Nationwide

$516

$43

GEICO

$551

$46

Travelers

$570

$48

Travelers

$572

$48

Farmers Union Insurance

$586

$49

Travelers

$619

$52

Farmers Union Insurance

$621

$52

Nationwide

$641

$53

Allstate

$642

$54

Country Financial

$648

$54

Western National

$651

$54

Allstate

$672

$56

Allstate

$672

$56

Country Financial

$672

$56

GEICO

$677

$56

Iowa Farm Bureau

$694

$58

State Farm

$695

$58

West Bend Mutual

$756

$63

American Family

$773

$64

State Farm

$797

$66

Iowa Farm Bureau

$799

$67

American Family

$831

$69

American Family

$842

$70

Country Financial

$844

$70

Westfield

$847

$71

Westfield

$863

$72

Iowa Farm Bureau

$871

$73

Auto-Owners Insurance Co

$887

$74

Nationwide

$909

$76

AAA

$916

$76

West Bend Mutual

$965

$80

Nationwide

$965

$80

West Bend Mutual

$971

$81

GEICO

$979

$82

State Farm

$979

$82

Auto-Owners Insurance Co

$993

$83

AAA

$1,008

$84

Travelers

$1,042

$87

Farmers Union Insurance

$1,083

$90

Westfield

$1,105

$92

Travelers

$1,106

$92

GEICO

$1,133

$94

Allstate

$1,189

$99

Nationwide

$1,197

$100

Western National

$1,201

$100

Auto-Owners Insurance Co

$1,210

$101

Allstate

$1,234

$103

Western National

$1,235

$103

Travelers

$1,272

$106

Allstate

$1,313

$109

AAA

$1,355

$113

GEICO

$1,358

$113

Country Financial

$1,407

$117

Farmers Union Insurance

$1,444

$120

Country Financial

$1,457

$121

Farmers Union Insurance

$1,547

$129

West Bend Mutual

$1,619

$135

Western National

$1,729

$144

Country Financial

$1,899

$158

Insurance Rates

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MONEYGEEK’S MINNESOTA CAR INSURANCE CALCULATOR

To calculate your car insurance rates, insurance companies also take into account factors like your age, driving history and location. You can easily determine your insurance costs by using MoneyGeek's car insurance calculator for Minnesota.

Average Car Insurance Costs in Minnesota by Coverage Level

On average, car insurance rates in Minnesota range from $474 per year for a minimum coverage policy to $1,231 per year for a full coverage policy with increased limits. Costs typically go up as you increase your liability limits.

Adding comprehensive and collision coverage (also known as full coverage) to your policy may increase your premiums by several hundred dollars per year. However, choosing a higher deductible can lower your premiums.

Average annual car insurance rates by coverage tier

A minimum coverage policy in Minnesota is the state’s cheapest car insurance option. However, this type of policy provides only the bare minimum coverage and lacks comprehensive and collision coverage.

Notably, Minnesota's mandatory personal injury protection and uninsured motorist insurance requirements contribute to slightly higher car insurance rates compared to similar states without these coverages.

If you want higher liability limits, insurance companies may offer policies with limits of 50/100/50 or 100/300/100. The former coverage would include:

  • $50,000 bodily injury liability per person
  • $100,000 bodily injury liability per accident
  • $50,000 property damage liability per accident

Most insurance companies set a maximum liability limit of 300/500/300. Liability insurance only covers third-party damages or medical expenses. If you want coverage for damages to yourself or your vehicle, you must purchase comprehensive and collision insurance, also known as a full coverage policy.

Average Car Insurance Costs in Minnesota by Age

The cost of premiums can be notably influenced by your age, especially if you're seeking auto insurance for a new driver. Here are the average costs of full coverage policies in Minnesota for different age groups:

  • 22–29: $1,303 per year
  • 30–59: $1,056 per year
  • 60+: $967 per year

If you're in your 20s, you may face higher insurance rates because insurance companies consider younger drivers to be riskier. Rates typically stabilize for drivers between the ages of 30 and 59 but may decrease for those over 60.

Age
Annual Premium
Monthly Premium

22-29

$1,303

$109

22-29

$567

$47

30-59

$474

$40

30-59

$1,056

$88

60 +

$967

$81

60 +

$461

$38

Average Car Insurance Costs in Minnesota for Teens

Car insurance for teenagers in Minnesota is typically more expensive than for other age groups. A 16-year-old male on a family plan pays an average of $2,553 per year, while individual policies are even more costly at $4,785 per year.

However, as drivers gain more experience, insurance rates generally decrease. For example, a 19-year-old on a family plan pays an average of $1,930 per year, while a 22-year-old pays $1,502 per year.

Insurance rates can also vary based on gender in Minnesota and other states. On average, adding a 16-year-old girl to a family policy costs around $2,160 per year, which is $393 less than for a teen boy. To find affordable car insurance for teenagers in Minnesota, you can compare rates from different providers.

Age
Annual Family Premium
Monthly Family Premium
Annual Individual Premium
Monthly Individual Premium

16

$2,160

$180

$3,800

$317

16

$2,553

$213

$4,785

$399

17

$2,066

$172

$3,020

$252

17

$2,442

$203

$3,773

$314

18

$1,835

$153

$2,680

$223

18

$2,132

$178

$3,278

$273

19

$1,747

$146

$2,290

$191

19

$1,930

$161

$2,744

$229

20

$1,785

$149

$2,046

$171

20

$1,936

$161

$2,334

$195

21

$1,470

$123

$1,673

$139

21

$1,595

$133

$1,915

$160

22

$1,340

$112

$1,579

$132

22

$1,502

$125

$1,767

$147

23

$1,364

$114

$1,417

$118

23

$1,545

$129

$1,562

$130

24

$1,303

$109

$1,352

$113

24

$1,458

$121

$1,475

$123

25

$1,196

$100

$1,228

$102

25

$1,268

$106

$1,278

$106

Average Car Insurance Costs in Minnesota for New Cars vs. Older Cars

In Minnesota, insuring a new car costs $1,283 per year on average, which is 27% more than the cost of insuring an older vehicle ($1,008 per year). The higher cost of insuring new cars is due to their higher actual cash value (ACV), pricier repairs and increased likelihood of theft.

When you file a claim, your payout will be based on your car's ACV. As older cars have lower ACVs and require smaller payouts, they are less expensive to insure compared to newer cars.

If you own a new car, it might be worth considering full coverage insurance. Unlike a liability-only policy, full coverage insurance covers damages to your own vehicle, which can be substantial for newer cars with higher ACVs.

Model Year
Annual Premium
Monthly Premium

2022 Vehicle

$423

$35

2022 Vehicle

$438

$37

2012 Vehicle

$484

$40

2022 Vehicle

$490

$41

2012 Vehicle

$500

$42

2012 Vehicle

$558

$47

2012 Vehicle

$925

$77

2012 Vehicle

$1,008

$84

2022 Vehicle

$1,150

$96

2012 Vehicle

$1,167

$97

2022 Vehicle

$1,283

$107

2022 Vehicle

$1,507

$126

Average Car Insurance Costs in Minnesota by Driving Record

To get the best car insurance rates in Minnesota, it's important to maintain a clean driving record. Drivers with traffic violations usually pay higher premiums compared to those with no offenses.

Here are the average annual costs of car insurance in Minnesota based on driving record:

  • Clean record: $1,056 per year
  • Speeding ticket: $1,306 per year
  • Accident: $1,463 per year
  • DUI: $1,936 per year

The severity of the driving offense often directly affects the increase in your insurance premium. A DUI, for instance, will usually lead to a larger increase than a speeding ticket.

If you have a poor driving record, comparing rates from multiple providers is an effective way to find affordable car insurance in Minnesota.

Driving Record
Annual Premium
Monthly Premium

Clean

$461

$38

Clean

$474

$40

Clean

$567

$47

Ticket

$610

$51

Ticket

$619

$52

At-Fault Accident

$697

$58

At-Fault Accident

$700

$58

Ticket

$727

$61

Clean

$967

$81

DUI

$969

$81

DUI

$983

$82

At-Fault Accident

$1,006

$84

Clean

$1,056

$88

DUI

$1,140

$95

Ticket

$1,236

$103

Clean

$1,303

$109

Ticket

$1,306

$109

At-Fault Accident

$1,380

$115

At-Fault Accident

$1,463

$122

Ticket

$1,597

$133

DUI

$1,864

$155

DUI

$1,936

$161

At-Fault Accident

$2,150

$179

DUI

$2,327

$194

Average Car Insurance Costs in Minnesota by Credit Score

Your credit score can significantly impact the cost of your car insurance in Minnesota. If you have poor credit, you could pay an average of $2,357 per year, which is more than double what drivers with excellent credit pay ($828 per year).

The average costs of car insurance in Minnesota based on credit score are as follows:

  • Excellent: $828 per year
  • Good: $1,016 per year
  • Fair: $1,269 per year
  • Below fair: $1,714 per year
  • Poor: $2,357 per year

Each insurer has its own way of penalizing lower credit scores. That’s why it's important to shop around and compare rates from different insurers if you have poor credit and want to find affordable car insurance in Minnesota.

Credit Score
Average Annual Premium
Average Monthly Premium

Excellent

$395

$33

Excellent

$410

$34

Excellent

$468

$39

Good

$487

$41

Good

$507

$42

Good

$574

$48

Fair

$621

$52

Fair

$654

$54

Fair

$733

$61

Excellent

$763

$64

Excellent

$790

$66

Excellent

$795

$66

Excellent

$828

$69

Excellent

$854

$71

Below Fair

$865

$72

Excellent

$871

$73

Below Fair

$922

$77

Good

$935

$78

Good

$967

$81

Good

$972

$81

Excellent

$980

$82

Excellent

$1,006

$84

Good

$1,016

$85

Below Fair

$1,018

$85

Excellent

$1,034

$86

Good

$1,045

$87

Good

$1,069

$89

Fair

$1,163

$97

Poor

$1,186

$99

Good

$1,199

$100

Fair

$1,200

$100

Fair

$1,209

$101

Good

$1,227

$102

Good

$1,266

$105

Fair

$1,269

$106

Poor

$1,279

$107

Fair

$1,307

$109

Fair

$1,330

$111

Poor

$1,406

$117

Fair

$1,491

$124

Fair

$1,527

$127

Below Fair

$1,564

$130

Fair

$1,570

$131

Below Fair

$1,607

$134

Below Fair

$1,628

$136

Below Fair

$1,714

$143

Below Fair

$1,765

$147

Below Fair

$1,787

$149

Below Fair

$1,998

$166

Below Fair

$2,045

$170

Below Fair

$2,095

$175

Poor

$2,142

$179

Poor

$2,213

$184

Poor

$2,216

$185

Poor

$2,357

$196

Poor

$2,414

$201

Poor

$2,467

$206

Poor

$2,761

$230

Poor

$2,812

$234

Poor

$2,907

$242

Average Car Insurance Costs in Minnesota by City

Where you live in Minnesota is an important factor in determining your car insurance rates. For instance, if you live in Rochester, you can expect to pay around $941 per year for full coverage insurance. On the other hand, a similar policy in St. Paul costs roughly $1,287 per year. Cities with higher traffic and denser populations, like St. Paul, typically have higher car insurance rates than less populated cities like Rochester.

City
Full Coverage Annual Premium
Minimum Coverage Annual Premium

Minneapolis

$1,565

$797

Minneapolis

$1,258

$661

Minneapolis

$1,174

$647

Rochester

$1,158

$529

Rochester

$941

$444

Rochester

$864

$431

St. Paul

$1,600

$840

St. Paul

$1,287

$696

St. Paul

$1,200

$677

Insurance Rates

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FAQ About Car Insurance Costs in Minnesota

MoneyGeek answered some frequently asked questions about car insurance costs in Minnesota to help you understand how rates vary based on factors related to you and your area.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.