On average, full coverage car insurance in Minneapolis costs $129 per month. Prices can range from as low as $121 to as high as $313, depending on various factors like policy details, vehicle type, and driver characteristics. To help drivers understand what they might pay, the table below outlines average car insurance costs for different driver profiles.
Minneapolis, MN, Car Insurance
Updated: December 23, 2024
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Cheapest Car Insurance in Minneapolis: Key Takeaways
In this city, Westfield, Auto-Owners and American Family are known for offering the most affordable car insurance options across various driver profiles.
Westfield provides the cheapest car insurance rates at $34 per month for state minimum coverage and $95 per month for full coverage, making it a top choice for budget-conscious drivers.
On average, car insurance costs in the city are $68 per month for minimum coverage and $129 for full coverage, with rates varying based on individual driver profiles.
Car Insurance Quotes in Minneapolis, MN
| Young Drivers | $79 | $156 |
| Teens | No Data | $313 |
| Seniors | $63 | $117 |
| Drivers With a Speeding Ticket | $82 | $154 |
| Drivers With a DUI | $133 | $233 |
| Drivers With An Accident | $94 | $176 |
| Bad Credit | $143 | $257 |
Because insurers calculate premiums differently, for the most accurate estimate, you'll need to get quotes from multiple providers.
Minneapolis vs. State Average
Minnesota
State Average Full Coverage Rate
$1,289
Minneapolis, MN
City Average Full Coverage Rate
$1,505More:$216 more
This is 17% more expensive.
What Is the Average Car Insurance Rate in Minneapolis?
In Minneapolis, the average annual cost for full coverage car insurance is $1,505, while minimum coverage costs $785. These estimates are higher than Minnesota's averages, where full coverage is $1,289 and state minimum coverage is $610.
| State Average | $610 | $1,289 |
| Minneapolis Average | $785 | $1,505 |
Cheapest Car Insurance Companies in Minneapolis
Even with rising premiums, you can still find affordable car insurance in Minneapolis. Westfield offers the cheapest minimum coverage at just $34 per month. For full coverage, Westfield again provides the best rate, costing $95 monthly.
WHY CAR INSURANCE IN MINNEAPOLIS IS EXPENSIVE
Car insurance is expensive in Minneapolis due to several local and statewide factors. Factors like heavy traffic and a higher chance of theft contribute to the city's ranking as one of the most expensive in Minnesota for car insurance. Statewide issues, including a significant number of uninsured drivers, frequent personal injury lawsuits, and insurance fraud, also drive up costs for residents.
Cheap Car Insurance in Minneapolis
Westfield often offers the cheapest car insurance for many drivers, but rates vary for each individual. The best way to find affordable car insurance is by comparing quotes from multiple providers. Below is a table showing the cheapest car insurance rates for a variety of driver profiles.
| Westfield | Minimum Coverage | $34 |
| Westfield | Full Coverage | $95 |
| Auto-Owners Insurance Co | Teens | $182 |
| American Family | Young Adults | $80 |
| Westfield | Seniors | $68 |
| West Bend Mutual | Bad Credit | $100 |
| American Family | Drivers With a DUI | $95 |
| American Family | Drivers With An Accident | $80 |
| Westfield | Drivers With a Speeding Ticket | $78 |
Car Insurance Rates in Minneapolis by Company
To find the cheapest car insurance in Minneapolis, it's key to compare rates from different companies. Below, we detail the most affordable options for minimum coverage and full coverage car insurance.
Cheapest Car Insurance Companies for Minimum Coverage in Minneapolis
Westfield offers the cheapest minimum coverage auto insurance at $34 per month. West Bend Mutual follows at $49 monthly. See the breakdown of the cheapest options in the table below.
| Westfield | $34 | $34 |
| West Bend Mutual | $49 | $19 |
| AAA | $56 | $12 |
| Auto-Owners Insurance Co | $57 | $11 |
| Travelers | $57 | $11 |
| Farmers Union Insurance | $61 | $7 |
| State Farm | $62 | $6 |
| American Family | $64 | $4 |
| Iowa Farm Bureau | $66 | $2 |
| Western National | $67 | $1 |
Cheapest Car Insurance Companies for Full Coverage in Minneapolis
Westfield provides the cheapest full coverage car insurance in Minneapolis at $95 per month. Below is the full list of providers and their rates.
| AAA | $95 | $34 |
| American Family | $96 | $34 |
| Auto-Owners Insurance Co | $107 | $22 |
| Iowa Farm Bureau | $112 | $17 |
| State Farm | $129 | $0 |
| Travelers | $99 | $30 |
| West Bend Mutual | $104 | $25 |
| Westfield | $95 | $34 |
Car Insurance Companies in Minneapolis
To find affordable car insurance in the Twin Cities, we recommend comparing quotes from several local providers. Westfield offers the cheapest annual premium at $777. For the best-rated affordable option, consider West Bend Mutual, with a MoneyGeek score of 88. Check the table below for more options to explore during your search.
| West Bend Mutual | 87 | $917 |
| Westfield | 84 | $777 |
| Auto-Owners Insurance Co | 77 | $985 |
| American Family | 75 | $956 |
| Western National | 71 | $1,359 |
| State Farm | 65 | $1,143 |
| Travelers | 63 | $938 |
| AAA | 61 | $865 |
| Country Financial | 54 | $1,403 |
| Nationwide | 54 | $1,366 |
| Allstate | 46 | $1,404 |
| GEICO | 45 | $1,602 |
| Farmers Union Insurance | No Data | $1,248 |
| Iowa Farm Bureau | No Data | $1,070 |
*Rates are for a 40-year-old driver with good credit and no driving violations.
Car Insurance Cost in Minneapolis by Age
Middle-aged drivers and younger seniors have the lowest car insurance rates, with pricing of $1,516 per year for 40-year-olds and $1,433 annually for 65-year-olds. Below, you can compare average rates for ages 16 to 65 in the city.
| 16 | $2,667 | $-935 |
| 17 | $2,544 | $-812 |
| 18 | $2,242 | $-511 |
| 19 | $2,092 | $-361 |
| 20 | $2,123 | $-391 |
| 21 | $1,741 | $-10 |
| 22 | $1,623 | $109 |
| 23 | $1,661 | $70 |
| 24 | $1,579 | $152 |
| 25 | $1,873 | $-516 |
| 40 | $1,505 | $-149 |
| 65 | $1,402 | $-45 |
Cheapest Car Insurance for Teens in Minneapolis
Nationwide offers the cheapest overall car insurance for teens in Minneapolis at $178 per month, saving $21 compared to the state average. The table below also breaks down some of the most affordable providers in the city for this age group.
| Nationwide | $178 | $21 | $342 |
| Auto-Owners Insurance Co | $182 | $17 | $182 |
| State Farm | $191 | $8 | $229 |
| GEICO | $203 | $-4 | $450 |
| Travelers | $216 | $-17 | $320 |
| Allstate | $223 | $-24 | $353 |
*Rates reflect 16 to 19-year-old drivers with good credit and no driving violations for full coverage policies.
Best Car Insurance Rates for Young Drivers in Minneapolis
Westfield offers young drivers the cheapest minimum coverage at $42 monthly, while American Family provides the most affordable full coverage at $96. Check the table below to see which providers offer the best rates for different young driver profiles.
| Westfield | Minimum Coverage | $42 |
| American Family | Full Coverage | $96 |
| American Family | Bad Credit | $154 |
| American Family | Drivers With a DUI | $95 |
| American Family | Drivers With An Accident | $80 |
| American Family | Drivers With a Speeding Ticket | $95 |
Cheapest Car Insurance Companies for Young Drivers in Minneapolis
American Family offers the most affordable auto insurance for young drivers at $80 per month. The table below shows other companies with competitive rates.
| American Family | $80 | $40 |
| Westfield | $85 | $34 |
| Travelers | $88 | $32 |
| Auto-Owners Insurance Co | $92 | $27 |
| Iowa Farm Bureau | $95 | $25 |
| AAA | $97 | $22 |
| Farmers Union Insurance | $112 | $8 |
| State Farm | $117 | $3 |
*Rates are for 25-year-old drivers with good credit and no driving violations for both minimum and full coverage.
Best Car Insurance Rates for Seniors in Minneapolis
Westfield and American Family offer the cheapest car insurance in the city, but rates can vary based on many factors. Below, you'll find a table showing the cheapest providers for different driver and coverage profiles that might better fit your needs.
| Westfield | Minimum Coverage | $40 |
| AAA | Full Coverage | $82 |
| West Bend Mutual | Bad Credit | $103 |
| American Family | Drivers With a DUI | $92 |
| American Family | Drivers With An Accident | $78 |
| Westfield | Drivers With a Speeding Ticket | $81 |
Cheapest Car Insurance Companies for Seniors in Minneapolis
Westfield offers the cheapest monthly premium for seniors at $68 for both minimum and full coverage. Travelers follows with a monthly rate of $77. The table below shows top car insurance providers for seniors in Minneapolis.
| Westfield | $68 | $25 |
| AAA | $70 | $23 |
| Auto-Owners Insurance Co | $76 | $17 |
| Travelers | $77 | $16 |
| Iowa Farm Bureau | $78 | $15 |
| American Family | $78 | $15 |
| West Bend Mutual | $78 | $14 |
| Farmers Union Insurance | $82 | $11 |
| State Farm | $84 | $8 |
*Rates are for 65-year-old drivers with good credit and no driving violations for both minimum and full coverage.
Car Insurance Cost for High-Risk Drivers in Minneapolis
In Minneapolis, high-risk drivers typically pay less for both minimum coverage and full coverage compared to the state average. Those with bad credit and DUIs face the highest insurance costs, while accidents and speeding tickets tend to have a smaller effect on what they pay.
| State Average | $979 | $1,966 |
| Minneapolis Average | $1,253 | $2,325 |
DRIVING OFFENSES ONLY AFFECT RATES FOR A LIMITED TIME
Most minor driving incidents, like a not-at-fault accident or speeding ticket, can affect your insurance for a few years in Minneapolis. For serious offenses, such as a DUI, insurers may consider your history for a longer time.
Cheapest Auto Insurance Rates With a DUI in Minneapolis
Western National offers the cheapest minimum coverage for drivers with a DUI at $783 per year. For full coverage, American Family leads with a rate of $1,372 annually. Check out the table below for more affordable options.
| American Family | $75 | $114 |
| State Farm | $67 | $141 |
| West Bend Mutual | $69 | $150 |
| Western National | $65 | $156 |
| Farmers Union Insurance | $78 | $192 |
*Rates are for a 40-year-old driver with good credit and a DUI.
Cheapest Auto Insurance Rates With an Accident in Minneapolis
Westfield, American Family, and Western National are the three cheapest car insurance providers for drivers with an at-fault accident in Minneapolis. You can explore more about the cheapest auto insurance after an at-fault accident to find affordable coverage options. Below, a table will show different providers in Minneapolis offering cheap car insurance coverage for drivers with an at-fault accident violation.
| American Family | $64 | $96 |
| Westfield | $51 | $133 |
| Auto-Owners Insurance Co | $78 | $136 |
| State Farm | $74 | $153 |
| Western National | $65 | $156 |
*Rates are for a 40-year-old driver with good credit an at-fault accident.
Cheapest Auto Insurance Rates With a Speeding Ticket in Minneapolis
Westfield offers the cheapest car insurance for drivers with a speeding ticket in Minneapolis, with rates of $41 for minimum coverage and $114 for full coverage. Compare these rates with other providers in the table below to find the best option for you.
| Westfield | $41 | $114 |
| Auto-Owners Insurance Co | $65 | $118 |
| State Farm | $67 | $141 |
| West Bend Mutual | $69 | $150 |
| Western National | $65 | $156 |
**Rates are for a 40-year-old driver with good credit and a speeding ticket.*
Cheapest Car Insurance for Bad Credit in Minneapolis
West Bend Mutual offers the most affordable rates for drivers with bad credit, with $64 for state minimum and $136 for full coverage in Minneapolis. See the table below to find other affordable options.
| West Bend Mutual | $64 | $136 |
| Westfield | $77 | $184 |
| American Family | $124 | $185 |
| Iowa Farm Bureau | $130 | $219 |
| Farmers Union Insurance | $84 | $232 |
*Rates are for a 40-year-old driver with bad credit and no driving violations.
Minimum Car Insurance Requirements in Minneapolis, MN
In Minnesota, each city follows statewide mandates for car insurance minimums. Here's what your policy needs at a minimum:
- $30,000 for bodily injury liability per person.
- $60,000 for bodily injury liability per accident.
- $10,000 for property damage liability per accident.
- $25,000 uninsured motorist bodily injury per person.
- $50,000 uninsured motorist bodily injury per accident.
- $40,000 personal injury protection (PIP) per person.
For example, if you're in a fender bender, the minimum coverage helps cover costs like medical bills and car repairs, reducing out-of-pocket expenses.
Cheap Car Insurance in Minneapolis: Bottom Line
Westfield shines as Minneapolis's cheapest car insurance for minimum coverage, at just $34 a month. No matter your age or credit, you'll find affordable options that suit your wallet. Make sure your choice covers Minnesota's must-haves: bodily injury, property damage, personal injury protection, uninsured motorist, and underinsured motorist coverage. Compare to snag a deal that keeps you safe and legal on the road.
Minneapolis Auto Insurance: FAQ
This section offers quick answers to common questions about finding affordable and effective car insurance options in the city. Learn about state minimum coverage, costs, and tips for securing the best rates without the hassle.
What is the cheapest car insurance company in Minneapolis, Minnesota?
At $34 per month, Westfield offers some of the most affordable state minimum coverage for car insurance in Minneapolis.
What is the best car insurance company in Minneapolis, Minnesota?
The best car insurance provider in Minneapolis is Iowa Farm Bureau, though it currently has no MoneyGeek score. State minimum coverage averages $1,070 annually.
How much does car insurance cost on average in Minneapolis?
In Minneapolis, minimum coverage auto insurance costs generally span from $64 to $145. Specific rates can vary based on individual driver profiles.
Best Cheap Car Insurance in Minneapolis: Our Methodology
Minneapolis Driver Profile
To assess the best and most affordable auto insurance options for Minneapolis residents, MoneyGeek used the following sample driver profile:
- 40-year-old male
- Clean driving history
- 2012 Toyota Camry LE
- 12,000 miles driven per year
By altering variables such as age, driving records and military status, MoneyGeek also found the top insurers for different types of drivers.
Coverage Levels in Minneapolis
In assessing the car insurance quotes for Minneapolis, we gathered data for both minimum and full coverage policies, ensuring each insurer conformed to Minnesota's mandated liability insurance parameters:
The minimum coverage requirements in Minnesota are:
- $30,000 for bodily injury liability per person.
- $60,000 for bodily injury liability per accident.
- $10,000 for property damage liability per accident.
- $25,000 uninsured motorist bodily injury per person
- $50,000 uninsured motorist bodily injury per accident
To assess rates for full coverage policies, MoneyGeek upped the coverage amounts to these limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability
- Comprehensive and collision coverage with a deductible of $1,000
MoneyGeek’s Scoring System
MoneyGeek scored insurers on a scale of zero to 100, factoring in customer satisfaction, cost-effectiveness, claims management, coverage options and financial stability.
Insurers received scores as indicated below, with a total possible score of 100 points:
- General customer satisfaction (up to 35 points)
- Affordability (up to 30 points)
- Claims experience (up to 20 points)
- Essential coverages (up to 10 points)
- Financial stability (up to five points)
MoneyGeek’s Sources
To gauge rates and assess the best service experiences among Minnesota providers, MoneyGeek utilized six sources:
- Quadrant Information Services provided actual policy quotes in Minneapolis
- J.D. Power's studies and the NAIC index contributed to the assessment of customer service
- Claims experience metrics came from J.D. Power and the CRASH Network’s report card
- AM Best and Demotech offered financial stability insights through their ratings
MoneyGeek gathered 50,284 quotes for the average driver across various ages, driving a Toyota Camry with a clean record, barring specific exceptions. Our study evaluated 14 insurance companies in Minneapolis. For more details on our evaluation process, see MoneyGeek's methodology.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick 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 knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.