Updated NAIC 2023 data | Rank #24 of 51 by average expenditure
Car Insurance Cost Per Month in Minnesota
Full coverage avg
$102/mo
Minimum coverage avg
$45/mo
State minimum reqs
30/60/10
No-fault / PIPUM required
No-fault PIP state with UM required. Moderate rates despite the PIP requirement -- low fraud rates help. Adjust age and vehicle below to see your estimated monthly cost.
Minnesota
in Minnesota with a Sedan
$117/month
Anchored on the state average for a policy with liability, collision and comprehensive. -$3 below national avg
State Min$52/mo30/60/10
Standard$85/mo50/100/50
Full Coverage$117/mo100/300/100
State anchor: NAIC Auto Insurance Database Report, 2023 data year. Age and vehicle adjustments are modelled.
How we calculate thisModelled Monthly Cost by Age in Minnesota
| Age | Min Coverage | Full Coverage (Sedan) | Details |
|---|---|---|---|
| 16 | $176 | $399 | Age 16page → |
| 17 | $160 | $363 | Age 17page → |
| 18 | $140 | $317 | Age 18page → |
| 19 | $119 | $270 | Age 19page → |
| 25 | $52 | $117 | Age 25page → |
| 35 | $44 | $100 | Age 35page → |
| 45 | $45 | $102 | Age 45page → |
| 65 | $49 | $111 | Age 65page → |
Average Monthly Cost by Vehicle Type in Minnesota
Top 3 Carriers in Minnesota by Market Share
1
State Farm
By direct written premium
2
GEICO
By direct written premium
3
Progressive
By direct written premium
Market share does not equal the cheapest rate for your profile. Compare at least three carriers.
Nearby States by Cost Rank
Minnesota Car Insurance FAQs
What is the average car insurance cost per month in Minnesota?⌄
On the 2022/2023 Auto Insurance Database Report (2023 data year), a policy in Minnesota carrying liability, collision and comprehensive averaged $102 a month, and the liability portion alone $45. The average insured vehicle in the state cost $92 a month, whether or not it carried the physical damage coverages, which ranks Minnesota #24 of 51 jurisdictions (1 = cheapest). These are averages across every driver, vehicle and limit in the state, not quotes, and the NAIC series runs about two years behind.
What is the minimum car insurance required in Minnesota?⌄
Minnesota requires minimum liability coverage of 30/60/10. Minnesota is a no-fault state requiring Personal Injury Protection (PIP) in addition to liability. Uninsured Motorist (UM) coverage is also required.
Who has the cheapest car insurance in Minnesota?⌄
The top three carriers by market share in Minnesota are State Farm, GEICO, Progressive, per NAIC market share filings. Market share does not equal cheapest price -- the best rate for your specific profile (age, vehicle, driving record, credit score in states where legal) requires comparing quotes. We recommend comparing at least 3 carriers. carinsurancecomparisontool.com offers a side-by-side carrier comparison.
Does Minnesota have no-fault insurance?⌄
Yes. Minnesota is a no-fault state, requiring drivers to carry Personal Injury Protection (PIP) coverage. Under no-fault, each driver's own insurance pays their own medical bills after an accident, regardless of fault. Minnesota's minimum PIP requirement is part of the 30/60/10 minimum package.
Why is car insurance so cheap in Minnesota?⌄
No-fault PIP state with UM required. Moderate rates despite the PIP requirement -- low fraud rates help.
Is my credit score used for car insurance in Minnesota?⌄
Yes, in most cases. Minnesota allows insurers to use a credit-based insurance score (distinct from your FICO) to predict claim likelihood. A poor credit-based score can add 20-100% to your premium. Improving your credit over 12-24 months can generate meaningful savings at renewal.