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Minnesota Low-cost Car Insurance & Minimum Requirements, plus Cost Saving Strategies

Depending on your age and location the overall cheapest auto insurance carriers in Minnesota are going to be Farm Bureau Mutual, Erie, and West Bend Mutual.

Based on your driver history you should be able to find quotes from 18% to 29% lower than the median rate for those three insurers.

Other carriers to put on your list to get quotes are Allied, Western National, American Family, and State Farm.

Again, based on your history, location, and other factors you should be able to get quotes from 13% to 27% lower than the median rate.

We will go into more detail below.

In this article we are going to cover the minimum insurance requirements, low-cost insurers, and cost-saving tips to help you find the lowest premium.

If you would like to skip to a portion of the article, there is a table of contents down a little and to the right.

Minnesota Minimum Auto Insurance Requirements

Minnesota is state with comprehensive and strict insurance laws.

The state is a no-fault state which means every driver is going to be required to carry Personal Injury Protection or (PIP).

The no-fault status of the state helps to increase the claims process no matter who is at-fault during the accident and has reduced the amount of insurance fraud.

CoverageMinnesota Minimum Liability CoverageRecommended Coverage
Bodily Injury Protection$30,000 / $60,000$100,000 / $300,000
Property Damage$10,000$10,000
Uninsured Motorist Coverage$25,000 / $50,000$100,000 / $300,000
Underinsured Motorist Coverage$25,000 / $50,000$100,000 / $300,000
Personal Injury Protection$40,000$40,000
Comprehensive CoverageOptional$500 deductible
Collision CoverageOptional$500 deductible

Personal Injury Protection

  • $40,000 per person per accident and $20,000 for hospital/medical expenses and $20,000 for non-medical expenses such as lost wages, replacement services, etc.

Lowest premium options for a 25 year old driver in MinnesotaNote: The lowest prices queried are Farm Bureau Mutual, Erie, and West Bend Mutual for a 25 year old driver. This female driver owned a 2013 Hyundai Tucson, no driving violations, and decent credit. For more details please see rate table below.

Bodily Injury Liability

  • $30,000 for injuries to one person & $60,000 for injuries to two or more people

Property Damage Liability

  • $10,000 for physical damage to the other driver’s vehicle or for damage to property

MN cheap premium choices for a 30 year old.Note: A 30 year old can quotes clustering between $1,409 and $1,566. The least expensive is Farm Bureau. The most expensive queried is Western National. For additional details please see table below.

Uninsured and Underinsured

  • $25,000 for injuries to one person & $50,000 for injuries to two or more people

Although these are the minimums most drivers carry more insurance in the state of Minnesota including comprehensive and collision cover.

It is important to note if you have financed your vehicle, the bank, which technically owns the car while it is finance, will require you to carry the minimum cover including comprehensive and collision.

Lowest carrier options by price for a 35 year oldNote: The lowest priced carrier for a 35 year old driver are with Farm Bureau Mutual, Erie, and West Bend Mutual.

Cheapest Insurers by Age & Carrier

Below is a list of 15 least expensive insurance firms in Minnesota for drivers from 25 to 55 years of age.

Depending on your factors the best options across the age spectrum are with Farm Bureau Mutual, GEICO, and Erie.

On average each carrier is able to offer quotes approximately 20% cheaper than other carriers within the same age group.

Depending on your location, any of the three can offer quotes up to 29% lower.

Other insurers you definitely want to put on your radar are West Bend National, Western National, and State Farm.

On average, each carrier can offer quotes 15% lower.

Depending on your location any of the three can offer quotes up to 27% lower than the median rate.

Two other competitive insurers in Minnesota are American Family and Progressive.

Again, depending on your driver history and location both American Family and Progressive can offer quotes from 14% up to 25% lower than the “mean” rate for similar age drivers.

With the list 8 insurers you have a blend of regional and national carriers to help you find the lowest premium possible.

Minnesota CompanyAverage Annual Rate 25 Y/O Driver30 Y/O Driver35 Y/O Driver40 Y/O Driver45 Y/O Driver55 Y/O Driver
Farm Bureau Mutual$1,644$1,409$1,008$865$703$590
GEICO$1,688$1,422$1,087$890$755$603
Erie$1,733$1,455$1,132$932$760$605
West Bend Mutual$1,811$1,490$1,154$943$780$609
State Farm$1,844$1,543$1,176$955$803$612
Western National$1,920$1,566$1,230$990$822$644
Allstate$1,980$1,621$1,245$965$865$630
American Family$1,999$1,665$1,290$978$860$650
Progressive$2,004$1,680$1,321$1,054$870$680
Allied$2,143$1,690$1,359$1,065$902$700
Farmers$2,165$1,755$1,407$1,090$954$704
Encompass$2,221$1,786$1,454$1,120$959$709
MetLife$2,234$1,790$1,456$1,154$980$776
Liberty Mutual$2,247$1,834$1,465$1,170$984$780
Nationwide$2,553$1,876$1,480$1,204$999$756

Cheapest insurers by price for a 40 year old.Note: As illustrated, the least expensive carriers are Farm Bureau Mutual and Erie. Each queried at $865 and $932 for full coverage. Additional details in table above.

Force Insurance by Lending Institutions

If you do not purchase the non-mandatory insurance then the lending institution may buy it and charge you for the premium.

This is called “force insurance” which is very expensive.

Banks and lending institutions will pay for comprehensive and collision insurance and will charge you for the amount of the cover which can be hundreds of dollars.

They will enforce the insurance plan as long as you do not provide evidence of both types of cover.

Affordable premium prices for a 45 year old driver.Note: A 45 year old driver with good driving history and decent credit should be able to find quotes between $703 and $822.

Comprehensive & Collision Coverage

Even if you have not financed your vehicle you want to consider comprehensive and collision coverage since the Twin Cities has severe weather during the winter season and this will protect you in case you may hit a animal, such as deer, or cracked glass from hail.

Best and lowest picks for an auto premium for a 55 year old.

Note: The most affordable insurer for a 55 year old driver is Farm Bureau Mutual at $590 per year for full coverage. Please see rate table above for additional details.

Fines & Penalties for Uninsured Drivers

Not only does Minnesota have strict laws for car insurance the penalties for not carrying insurance are higher than the nations average.

First time offenders can have a fine of $1,000 plus court cost and fees.

If you are unable to provide proof of insurance to the police officer your fine may be waived if you are able to provide proof of insurance at the time of your court date.

Best Insurers by Consumer Rating, Complaints, & Rate Change Over 18 Months

Below is a list of 20 low-cost insurers by written premiums, complaints, rate change over a 12 to 18 month period, and consumer rating.

The written premiums is included to coincide with complaints.

For example, national carriers have a higher amount of written premiums and therefore more complaints.

The ratio is in-line with regional carriers which may have lower amount of complaints.

The rate change average is approximately 2.1%.

This is normal.

If you get a traffic violation your rate can rise dramatically.

To keep your premiums as low as possible make sure to maintain a clean driving history.

Consumer rating data is compiled from reputable online sources.

Any other data is compiled from the Insurance Information Institute (III.org), JD Power & Associates, and AM Best.

Minnesota CompanyPremiumsRate Change < 18 Months# of ComplaintsConsumer Rating out of 5 Stars
State Farm$703,638,000+2.0%984.4
Nationwide$396,846,371 +1.9%424.2
Progressive$409,758,000+1.8%294.4
Erie$160,015,448 +1.7%144.2
Liberty Mutual$112,373,000 +1.9%224.4
MetLife$19,883,591+2.2%93.8
American Family$335,542,000 +2.0%813.8
West Bend Mutual$41,772,163+2.5%93.8
USAA$78,017,000+1.4%84.7
Travelers$56,441,120+2.0%124.5
GEICO$182,491,000+1.7%214.5
Farm Bureau Mutual$89,761,971+2.2%94.2
Amica$15,854,328+2.4%53.9
Western National$24,365,820 +2.5%53.9
Allstate$161,117,000+1.7%214.4
AAA$76,869,000+2.1%94.3
National General$71,543,771 +2.1%64.4
Hartford$22,494,068+2.1%24.2
Farmers$35,769,120+1.7%44.3

Plans & Strategies to Reduce Overall Premium

The most effective ways to reduce insurance costs in the state of Minnesota are as follows:

  • Be sure to comparison shop – we have a comparison tool at the top of the page

  • Be sure to talk to more than one agent and insurance firm

  • Consider increasing your deductible which will lower your monthly premium

  • Always ask the insurance firm for any available discounts

  • Consider taking a defensive driving course recommend by the state

Average Premium by City

Location is a primary factor for insurance companies to determine how much you pay for a premium.

Below is a list of 27 cities across Minnesota with the average premium price.

The lowest is $1,433 and the highest is $1,833.

This is variance of nearly 30%.

If you move to a new location you could see a decrease or increase in your premium.

It could be smart to comparison shop prior to moving to see which carriers may offer you the lowest quote.

If you would like a detail comparison of quotes for major cities in Minnesota please read further below.

CityAvg PremiumPopulationCityAvg PremiumPopulationCityAvg PremiumCity
Alexandria$1,43311,843Easton$1,311194Morristown$1,488988
Apple Valley$1,47651,221Eden Prairie$1,78663,496Plymouth$1,49075,907
Blaine$1,48762,124Edina$1,82150,138Richfield$1,50836,216
Brainerd$1,80113,371 Ellendale$1,633690Rochester$1,811112,225
Brooklyn Center$1,52130,770Magnolia$1,648690Shakopee$1,62139,981
Burnsville$1,46661,481Mankato$1,67541,044Savage$1,82130,807
Champlin$1,46223,894Mapleton$1,6871,706St. Cloud $1,56667,109
Chatfield$1,4282,804Marshall$1,83313,652Storden$1,503215
Duluth$1,53786,110McIntosh$1,609618Westbrook$1,485722

Minneapolis, MN

Minneapolis cheapest auto premium prices for a 30, 45, and 55 year old.

Getting a lower premium in Minneapolis is fairly easy if you get quotes from Farm Bureau Mutual, American Family, and Western National.

Each queried at $1,087, $1,156, and $1,240 respectfully for a 30 year old driver.

Which is over 32% lower than the “mean” rate of $1,809 per year.

A 45 year old can find cheap quotes with Farm Bureau Mutual, American Family, and Western National.

The lowest is Farm Bureau at $876 per year for full coverage.

Which is 40% lower than the “mean” rate.

Or over $4,500 in yearly savings.

A 55 year old can find one carrier for less than $700 per year.

Farm Bureau Mutual at $643.

In fact, for a senior driver, any of the carriers illustrated are worth getting quotes from.

Out of the 7 carriers we queried the most expensive is Allstate at $1,401 for a 30 year old, $1,086 for a 45 year old, and $765 for a 55 year old driver.

Minneapolis Company30 Y/O Driver55 Y/O Driver
Farm Bureau Mutual$1,087$643
GEICO$1,134$678
American Family$1,156$708
Western National$1,240$721
West Bend Mutual$1,287$732
State Farm$1,369$745
Allstate$1,401$765

Minneapolis is the biggest city in the state with 420,000 residents.

And with a metropolitan population of 3.3 million.

It and adjacent St. Paul were dubbed “the Twin Cities” by Mark Twain.

St. Anthony Falls, the only waterfall on the Mississippi River, supplied electricity for dozens of Minneapolis flour and lumber mills built in the late 19th century.

Saint Paul, MN

St. Paul lowest premium choices for a 30 and 45 year old.

For residents to get a cheaper auto premium the best choices are Farm Bureau Mutual, West Bend Mutual, and American Family.

Each queried at $1,129, $1,187, and $1,265 respectfully for a 30 year old driver.

Which is 31% lower than the citywide average rate of $1,821. Or more than $400 lower per month.

For a 45 year old driver we queried two carriers less than $1,000 per year.

Farm Bureau and West Bend Mutual. Each queried at $930 and $955 per year of full coverage.

American Family, Western National, and State Farm clustered between $1,040 and $1,088.

Which is 27% lower than the “mean” rate.

A 55 year old driver can find cheap quotes with Farm Bureau and West Bend Mutual.

Each queried at $720 and $755 respectfully.

Or more than $290 savings than comparable insurers.

Out of the 7 carriers we queried for St. Paul residents the most expensive is Allstate.

For a 30 year old we queried them at $1,389 for a 30 year old, $1,120 for a 45 year old, and $896 for a 55 year old.

Which is 21% lower than the “mean” rate of St. Paul.

Saint Paul Company30 Y/O Driver55 Y/O Driver
Farm Bureau Mutual$1,129$720
West Bend Mutual$1,187$745
GEICO$1,231$765
American Family$1,265$810
Western National$1,290$825
State Farm$1,343$868
Allstate$1,389$896

The 2nd largest city in the state is St. Paul with 310,000 residents.

St. Paul is located on the Mississippi River, which separates it from Minneapolis, in eastern Minnesota, near the Wisconsin border.

The Twin Cities are home to 19 Fortune 1000 company headquarters, seven of which are in St. Paul.

Rochester, MN

Rochester affordable insurer prices for 30 and 45 year old.

If you want cheaper rates then get quotes from West Bend Mutual, Farm Bureau Mutual, and Western National.

We queried each at $1,165, $1,254, and $1,367 respectfully for a 30 year old.

Which is 30% lower than the average rate of $1,811 in Rochester.

The other carriers queried clustered over $1,400 for full coverage.

Which is 20% lower than the “mean” rate.

For a 45 year old the best options are West Bend Mutual, Farm Bureau, and Western National.

We queried each at $890, $925, and $1,045 respectfully per year for full coverage.

West Bend Mutual offers more than $500 in savings with an extremely low quote.

For a 55 year old the least expensive carriers are West Bend and Farm Bureau Mutual.

We queried each at $725 and $764 per year. Or more than 34% lower than the “mean” rate for carriers of comparable age.

Out of the 7 carriers queried in Rochester the most expensive is Allstate.

A 30 year old we queried at $1,480 per year, $1,188 for a 45 year old, and $987 for a 55 year old.

Which is 15% lower than the citywide average premium.

Rochester Company30 Y/O Driver55 Y/O Driver
West Bend Mutual$1,165$725
Farm Bureau Mutual$1,254$764
GEICO$1,287$825
Western National$1,367$861
American Family$1,402$910
State Farm$1,433$953
Allstate$1,480$987

Rochester is the 3rd largest city in the state with 120,000 residents.

And best known as the birthplace and home of the world-renowned Mayo Clinic. 

There are a multitude of attractions in Rochester.

The History Center of Olmsted County contains rare pictures, maps, diaries, and exhibits chronicling Rochester’s story as a world leader in health care.

Bloomington, MN

Bloomington, MN lowest price auto premium for 30 and 45 year old.

Residents can find cheap auto insurance in Bloomington if they know where to get quotes.

Start with West Bend and Farm Bureau Mutual. Each queried at $1,128 and $1,209 for a 30 year old.

Western National is $40 more at $1,249 per year.

All three are 30% lower than the city average rate of $1,800 per year.

Or more than $450 in savings from similar insurers.

For a 45 year old we found two carriers less than $1,000 per year, West Bend and Farm Bureau Mutual.

Each queried at $905 and $965 for full coverage.

Which is 36% lower than the “mean” premium.

The other carriers illustrated clustered between $1,100 and $1,200 per year.

Which is 24% lower than the average rate for the most expensive carrier queried.

For a 55 year old driver the cheapest quotes are with West Bend Mutual, Farm Bureau Mutual, and Western National.

We queried each at $708, $716, and $750 respectfully per year for full coverage.

Bloomington Company30 Y/O Driver55 Y/O Driver
West Bend Mutual$1,128$708
Farm Bureau Mutual$1,209$716
GEICO$1,244$750
Western National$1,249$789
American Family$1,302$808
State Farm$1,354$852
Allstate$1,370$890

Bloomington is the 5th largest city and considered a suburb of Minneapolis. 

The city is most famous for being the home of the nation’s largest shopping center, the Mall of America. 

The crown jewel of Bloomington’s tourist industry is the Mall of America, the largest visitor attraction in Minnesota.

The Mall boasts over 500 stores, small and large, plus theaters, food, and much more.

Mankato, MN

Mankato inexpensive premium price choices for 30 and 45 year old.

If you want to lower your auto premium in Mankato then start by getting quotes from West Bend Mutual, Farm Bureau Mutual, and Western National.

We queried each at $980, $1,054, and $1,142 for a 30 year old driver.

Which is 26% lower than the “mean” rate of $1,648 per year.

For a 45 year old the lowest quotes are with West Bend ($790), Farm Bureau Mutual ($803), and Western National ($860).

Each queried at 21% lower than the citywide average rate for full coverage.

A 55 year old driver can find the lowest quotes with West Bend and Farm Bureau Mutual.

We queried at $644 and $650 per year for full coverage.

Mankato Company30 Y/O Driver55 Y/O Driver
West Bend Mutual$980$644
Farm Bureau Mutual$1,054$650
GEICO$1,080$689
Western National$1,142$721
American Family$1,185$759
State Farm$1,254$805
Allstate$1,302$839

Mankato is a city 80 miles southwest of the Twin Cities. 

The city’s original name was Mahkato, a Dakota Indian term meaning “greenish blue earth.”

An early spelling error which was never corrected caused the name to become Mankato.

In 1862, a conflict between the U.S. and the Dakota Indians (known as the “Sioux Uprising” in reference to the Dakota tribe’s alternate moniker of Sioux) resulted in the largest mass execution in the nation’s history when 38 Dakota Indians were hanged in Mankato.

Duluth, MN

Duluth least expensive policy choices for drivers.

Drivers in Duluth can find the cheapest car insurance by getting quotes from Farm Bureau Mutual, Erie, and Western National.

We queried each at $970, $1,043, and $1,080 per year for a 30 year old driver.

Which is 21% to 25% lower than the median rate for drivers of similar age and profile.

American Family and Progressive are worth getting quotes from since both are more than 14% lower than the “mean” quote for 30 year old drivers.

A 45 year old can find the lowest rates with Erie and Farm Bureau Mutual.

Both carriers clustered at the $800 mark. We queried Erie at $799.

Which is approximately 22% lower than the median quote for similar age drivers.

A 55 y/o driver can find cheap quotes with Farm Bureau Mutual and Erie.

We queried each at $598 and $621 respectfully for full coverage.

Both carriers are 24% lower than the median rate for senior drivers.

Both Western National and American Family offer competitive quotes with prices at $634 and $659 respectfully.

Duluth Company30 Y/O Driver55 Y/O Driver
Farm Bureau Mutual$970$598
Erie$1,043$621
Western National$1,080$634
American Family$1,139$659
Progressive$1,200$690
State Farm$1,261$706

Duluth is the 4th largest city in Minnesota with approximately 87,000 people and over 279,000 in the metropolitan area.

It is the largest metro area on Lake Superior. 

Named for the first known European explorer of the area, Daniel Greysolon, Sieur du Lhut.

Duluth was incorporated as a city in 1870 with 3,000 residents.

During the 20th century, Duluth was known as a industrial town with numerous steel plants and mills.

Brooklyn Park, MN

Brooklyn Park low-cost premiums by price for 30 y/o from Western National, Farm Bureau Mutual, and Erie.

To find the least expensive quotes in Brooklyn Park drivers should get quotes from Farm Bureau Mutual, Erie, and Progressive.

We queried each at $1,035, $1,087, and $1,178 per year for a 30 year old driver.

Which is 18% to 23% lower than the median rate for drivers of similar age and profile.

For a 45 year old the cheapest quotes are with Erie and Progressive.

We queried each at $812 and $844 respectfully for full coverage.

Both carriers are over 20% lower then the median rate for similar age drivers.

A 55 year old should get quotes from Farm Bureau Mutual and Erie.

We queried each at $570 and $611 respectfully.

Which is 22% to 26% lower than the “mean” quote for senior drivers.

Progressive and Western National offer low rates with prices at $630 and $644 per year.

It would be smart to get quotes from all carriers to find the least expensive premium while maintaining equal or more coverage.

Brooklyn Park Company30 Y/O Driver55 Y/O Driver
Farm Bureau Mutual$1,035$570
Erie$1,087$611
Progressive$1,178$630
Western National$1,243$644
American Family$1,265$655
State Farm$1,302$697

Brooklyn Park is the 6th largest city in Minnesota and is considered a bedroom community of the Twin Cities.

There are approximately 80,000 residents.

Known at “Tree City USA”, Brooklyn Park has more than 47 miles of trails and 67 parks.

Resources & DVS Information
Department of InsuranceDepartment of TransportationDriver & Vehicle Services
133 7th St E, St Paul, MN 55101
(651) 296-2488
2900 48th St NW, Rochester, MN 55901
(507) 286-7500
445 Minnesota St, St Paul, MN 55101
(651) 297-3298
WebsiteWebsiteWebsite
Sources

https://mn.gov/commerce/consumers/your-vehicle/auto-insurance/auto-insurance-basics/

https://mn.gov/commerce/consumers/your-vehicle/auto-insurance/shopping-for-car-insurance.jsp

https://www.iii.org/fact-statistic/facts-statistics-auto-insurance

http://www.naic.org/

https://www.allstate.com/auto-insurance/minnesota-auto-insurance-coverages.aspx

https://www.nationwide.com/minnesota-auto-insurance.jsp

Greg Fowler

Greg Fowler

Managing Member of AutoInsureSavings LLC, Greg enjoys writing articles to help drivers save on anything related to automobiles. Travel and enjoying the outdoors are some of his hobbies. The best way to reach him is at Google+ or Facebook Profile.

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