Compare Auto Insurance in Minneapolis
Minneapolis, Minnesota is the larger twin in the Twin Cities and is now the second-largest economic center in the Midwest. The birthplace of Prince, one of America’s fastest growing cities, is also regarded as one of the best places to live in the US. Minneapolitans should pat themselves on the back—they contribute more volunteer hours to charity than any other large city. For all they give back to their community, Minnesota residents deserve to pay less for car insurance.
Average Minneapolis Car Insurance Rates
How much id car insurance in Minneapolis, MN? Minneapolis has a vehicle theft rate that’s almost twice the national average. Despite this, drivers here are safe, with few accidents. That's why car insurance rates here are much lower than the national average. On average, the average cost of auto insurance in Minnesota is $787.74, compared to the national average price of $889.01.
Prices may vary depending on your driving record, zip code, coverage limits, and coverage.
|Total Cost Per Year||$787.74|
|Price Per Month||$65.64|
|Source: Facts + Statistics: Auto insurance|
The graph below shows the change in average Minnesota rates from 2011 to 2015, the most recent year the data is available. According to the III, Minnesota car insurance rates increased from $696 in 2011 to $787 in 2015, a jump of $91 dollars, or 13.18 percent.
QuoteWizard helps consumers compare quotes from national insurance companies and local independent agents. Comparing quotes can help you find cheap car insurance rates near Minneapolis, Minnesota and save up to 40% on your premium.
Last year, 18,409 people used QuoteWizard to get a car insurance quotes comparison in Minneapolis, MN from multiple companies to lower their rates.
Best Car Insurance Companies in Minneapolis, MN
These the most common car insurance companies reported by QuoteWizard users living in Minneapolis, Minnesota last year. Of the 18,409 drivers who used QuoteWizard last year, 1,014 drivers did not have insurance.
Top 10 Vehicles in Minneapolis
These are the most common car makes and models owned by Minneapolis, MN drivers requesting quotes through QuoteWizard last year.
- Chevrolet Impala/LS
- Honda Accord EX/LX
- Chevrolet Malibu
- Ford F-150
- Ford Taurus SE
- Chevrolet Blazer
- Toyota Camry LE/XLE
- Chevrolet Cavalier
- Honda Civic EX
- Dodge Caravan
Legal Minimum Insurance Requirements in Minneapolis, MN
Minneapolis, Minnesota has a minimum coverage requirement known as the 30/60/10 rule. This means each policy must include at least:
- Individual Bodily Injury Liability (BIL): $30,000.
The most your insurance company will pay for someone injured in a car accident.
- Total Bodily Injury Liability: $60,000.
The maximum your insurer will pay for multiple people injured in a car accident.
- Property Damage Liability (PDL): $10,000.
The total amount your insurance provider will pay for property damage caused by a car accident.
According to the Best Drivers Report published by Allstate Insurance, Minneapolis, MN ranked 127th out of 200 cities for safe driving. While most US drivers go ten years without having an accident, drivers here are involved in crashes every 8.2 years.
The weather and road conditions have a major impact on car insurance rates near Minneapolis, Minnesota.
Weather in Minnesota is extremely varied. Summers are warm and can be humid. Winters are very cold and very snowy, averaging over 37 snow days per year. What’s more, Minneapolis has more days with sub-zero temperatures than any other major city in America.
Minneapolis road conditions tend to be a source of stress residents. According to a recent study by TRIP 6% of the major roads are in poor condition and another 19% are mediocre. These poorly maintained roads costs drivers $249 a year in extra vehicle operating costs.
According to TomTom's annual traffic index report, Minneapolis ranks 44th for worst traffic congestion in the US. An average commuter spends 15% more time stuck in traffic during rush hour commutes, on average. Evening commutes are even worse, when drivers spend 42% more time in traffic.
Moving violations such as failure to stop, drunk driving, speeding tickets, and accidents can add points to your driver's license. You could end up with a bad driving record and need to purchase expensive high-risk auto insurance.
It's not easy, but fighting traffic tickets may be well worth your while. Even if you can't get the ticket dismissed, you may be able to have the charges lowered. If nothing else, fight the number of points assessed to your driver's license because of a moving violation. These points are what insurers look at when determining your insurance rates. If you want to keep your insurance rates low, you want to keep these points off your driver's license.
The Hennepin Country Criminal & Traffic Division website allows you to plead guilty and pay your citation. You can also plead not guilty and request a hearing.
SR-22 DWI Insurance
According to the Office of Traffic Safety, the state of Minnesota had 25,258 impaired driving incidents in 2014. A DWI conviction can have a drastic impact on your rates. So be safe and call a taxi, a rideshare service like Lyft or Uber, or a friend.
A DWI conviction may require you to obtain an SR-22 form. Get a quote and we'll connect you with local agents from top companies that specialize in Minneapolis DUI insurance.
Minneapolis reported 19 traffic fatalities in 2013. This puts the fatality rate per 100,000 at 1.00, which is significantly lower than the rate for the nation as whole, which is 15.42 per 100,000 people.
Vehicle Theft Rates
Minneapolis reported 1,559 vehicle thefts in 2014, at a rate of 3.83 per 1,000 residents. That's about twice the national average of 2.16 car thefts per 1,000.
Car Insurance Discounts in Minneapolis
If you want to find affordable car insurance, discounts are one of the best ways to lower your insurance rates. Below are only some of the car insurance discounts available to drivers in Minneapolis, MN. Get a free quote to find out which discounts you may qualify for from your current or multiple insurance companies.
- Bundle your auto policy with your homeowners or renters insurance. Bundling all of your policies with a single insurance company can save you up to 15% of your total bill
- Safe driver. If you have a perfect driving record with no tickets or accidents you may qualify for the safe driver or accident-free discount
- Get a new car to qualify for the new car discount. If the car has safety features like anti-lock brakes or electronic stability control, you might be entitled to additional discounts
- Drive less. Living close to work or taking the bus once in a while could help you get the low mileage discount
- Live in a safe neighborhood with low crime and good drivers where residents file few insurance claims. Residents of zip codes with high crime and poor driving conditions file more of the claims that lead to higher rates
- Maintain at least a B grade point average in school to qualify for the good student discount
- Drivers 55 and older could qualify for either the senior discount or the 55 and retired discount
- Install anti-theft devices or a car alarm system
- Take a defensive driving course from an accredited driver safety school
- Shop around and compare low-cost Minneapolis auto insurance quotes
- City of Minneapolis Minnesota
- Hennepin Violations Bureau & Hearing Office
- Minneapolis Minnesota Crime Rates
- United States Census Bureau - Minneapolis, MN
- Minnesota Impaired Driving Facts 2014
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