Compare car insurance quotes from several top insurance companies and find the cheapest auto insurance rates in the state of Minnesota in less than 5 minutes. Let CheapQuotesCarInsurance.com teach you everything you need to know about buying affordable auto insurance that fits your budget and your lifestyle. Learn about Minnesota minimum car insurance requirements and how the cost of auto insurance in Minnesota compares to the cost of auto insurance in other states. We offer top online car insurance comparison tools for Minnesota residents. Car insurance rates change every year, so be sure to view quotes from at least two insurance companies and lower your car insurance premiums today.
Minnesota Minimum Car Insurance Requirements:
Minnesota state law requires that car insurance policies must include a minimum bodily injury liability coverage limit of $30,000 for one person in an accident and $60,000 for all persons injured per accident. The minimum property damage liability coverage limit is $10,000. These minimum coverage limits for Minnesota are more commonly listed as 30/60/10. Minnesota also requires motorists to carry minimum Personal Injury Protection coverage of $40,000. Minnesota requires Uninsured/Underinsured Motorist coverage with minimum limits of $25,000 for one person in an accident and $50,000 for all persons injured per accident for any bodily injury caused by an uninsured or underinsured driver.
Minnesota’s Most Common Car Insurance Coverage
|
Coverage |
Minnesota Minimum Car Insurance Requirements |
Minnesota Most Common Car Insurance Coverage |
|
Bodily Injury Liability |
$30,000/$60,000 |
$100,000/$300,000 |
|
Property Damage Liability |
$10,000 |
$100,000 |
|
Uninsured Motorist Bodily Injury |
$25,000/$50,000 |
$100,000/$300,000 |
|
Collision |
Not required |
$500 deductible |
|
Comprehensive |
Not required |
0 deductible |
|
Personal Injury Protection |
$40,000 |
$40,000 |
The cheapest Minnesota auto insurance policies will only meet the minimum state requirements for insurance coverage, but many customers will want and need more insurance coverage including: coverage for collision and comprehensive coverage. Discover which coverage is best for you.
Minnesota Auto Insurance Laws
Minnesota is a no-fault state. This means that each person’s insurance company covers their medical, lost wages, and funeral expenses that result from an accident regardless of who was at fault. There are exceptions to no-fault. If medical expenses exceed a certain amount, the at-fault driver will be responsible for paying for the damages. No-fault does not usually apply to property damage, so you may collect expenses either from your own insurance company or the other driver’s insurance company if the other driver is at fault.
Average cost of Car Insurance in Minnesota
The National Association of Insurance Commissioners (NAIC) and the Insurance Information Institute (I.I.I.) provide data about car insurance premiums for all 50 states. Minnesota residents spend an average of $721 per year for car insurance (liability coverage). Minnesota ranks as the 24th cheapest state to buy auto insurance. The national average is $811 per year for car insurance (liability coverage). In 2010, Minnesota car insurance premiums have decreased slightly compared to 2009. Now is the time to compare auto insurance rates from multiple providers to lower your car insurance premiums.
We offer local car insurance quotes available in all of Minnesota including:
Bloomington
Brooklyn Park
Burnsville
Coon Rapids
Duluth
Eagan
Minneapolis
Plymouth
Rochester
St. Paul
Insurance companies weigh the factors that affect your car insurance rates differently so everyone’s rates will be different for each company. Smart auto insurance shoppers will compare quotes from several car insurance companies to find the cheapest car insurance quote possible. CheapQuotesCarInsurance.com has partnered with top insurance companies like Geico, Nationwide, AllState, Esurance, Liberty Mutual, and Travelers to provide our customers with affordable quotes from highly reputable insurance providers. Enter your zip code and answer several general questions about your driving history to compare Minnesota auto insurance rates and save money on your auto insurance premiums.
To contact Minnesota’s department of Insurance:
insurance.mn.gov
Mailing address:
Minnesota Division of Insurance
85 Seventh Place East
Suite 500
St. Paul, MN 55101
Phone number
(651) 296-2488
Toll-free in Minnesota only
(800) 657-3602
Fax number
(651) 296-4328