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Beth Swanson

SEO Content Strategist

  • Licensed Insurance Agent — Property and Casualty

Beth joined The Zebra in 2022 as an Associate Content Strategist. She is a licensed insurance agent whose goal is to make insurance content easy to r…

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Nathan Foster

Agency Trainer

  • Licensed Insurance Agent - Property and Casualty

Nathan is an insurance professional with a focus on creating positive customer experiences with more than 10 years of industry experience.

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Kristine Lee

Insurance Analyst

  • Licensed Insurance Agent — Property and Casualty
  • 4+ years of Experience in the Insurance Industry

Kristine is a licensed insurance agent who joined The Zebra in 2019 as an in-house content researcher and writer. Before joining The Zebra, she was a…

How much does car insurance cost in Minneapolis?

Minneapolis is a thriving city with people constantly on the go. If you're planning on driving in Minneapolis, it's important to consider your car insurance options and budget for the cost. On average, a six-month policy will cost around $974 or $162 per month. However, rates may vary depending on the insurance company you choose.

Minneapolis drivers do pay more than the average for car insurance in Minnesota ($849 every six months) as well as the U.S. average of $880. Currently, 37% 
of our customers in Minneapolis said they're paying too much for car insurance. If you are wondering if your rates are too high, or simply want to educate yourself about car insurance in Minnesota, keep reading to learn more about insurance requirements and typical rates in Minneapolis.

Car Insurance in Minneapolis vs. Minnesota

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Car Insurance in Minneapolis vs. Minnesota Avg. 6 Mo. Premium
Minneapolis Average $974
Minnesota Average $849

Source: The Zebra

The cheapest car insurance companies in Minneapolis

1st place medal
1st place: Farm Bureau Mutual

Farm Bureau Mutual (IA group) is the cheapest at $89 per month or $536 for a six-month policy.

2nd place medal
2nd place: Auto-Owners

In second place is Auto-Owners, which costs $111 per month, or $668 for a six-month policy.

3rd place medal
3rd place: Nationwide

Another solid option is Nationwide as the third-cheapest insurance company. On average, a Nationwide policy in Minneapolis costs $738 per six-month policy ($123 per month).

The Zebra's key takeaways about car insurance in Minneapolis:

  • The average cost of a car insurance policy in Minneapolis is $974 per six-month policy — $162 per month.
  • The cheapest company in Minneapolis is Farm Bureau Mutual ($536).
  • Minneapolis ranks as the third most expensive city for car insurance in Minnesota.
  • 37% of Zebra customers in Minneapolis stated they used our product because they were paying too much for car insurance, currently.

Are you paying too much for auto insurance?

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Minneapolis car insurance rates by company

In Minneapolis, the best cheap auto insurance for full coverage in 2024 is Farm Bureau at a rate of $89 per month or $536 for a six-month policy, followed by Auto-Owners at $668 for a six-month policy, which equates to approximately $111 per month. Both companies offer rates that are lower than the average in Minneapolis. 

To learn more about thetop-rated car insurance companies based on The Zebra's Customer Satisfaction Survey, keep reading.


Cheapest car insurance companies in Minneapolis, MN
Cheapest Car Insurance Companies in Minneapolis, Minnesota

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Company Avg. 6 Mo. Premium
Farm Bureau Mutual (IA Group) $536
Auto-Owners $668
Nationwide $738
USAA $763
State Farm $770
GEICO $976
Allstate $1,086

Source: The Zebra

The Zebra’s Dynamic Insurance Rating Tool data methodology

The Zebra’s Dynamic Insurance Rating Tool for home and auto insurance rates utilizes the latest ZIP code-level rate filings from across the U.S., sourced from Quadrant Information Services and S&P Global. These filings, typically updated annually or biennially by insurers, are verified through Quadrant’s QA process and then integrated into The Zebra’s estimator.

The displayed rates are based on a dynamic home and auto profile designed to reflect the content of the page. This profile is tailored to match specific factors such as age, location, and coverage level, which are adjusted based on the page content to show how these variables can impact premiums.

For a comprehensive understanding, see our detailed methodology.

Shop around for the best rates

Comparing car insurance companies is the most straightforward way to find affordable rates. Let us do the work for you, so you can concentrate on selecting the best policy to suit your financial plan and personal needs. Enter your ZIP code to view quotes from Farm Bureau, Allstate, State Farm, and Nationwide (as well as other top companies) and locate the most inexpensive car insurance in Minneapolis.

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Average car insurance in Minneapolis by rating factor

When it comes to car insurance rates in Minneapolis, rating factors play a crucial role. Every insurance company uses different factors to determine your rate, although most consider similar details like age and credit score. However, the weight given to these factors can differ significantly between insurers. For instance, one insurer may prioritize your driving record and claims history, while another may focus more on your credit score. To learn more about the rating factors that affect your car insurance rate in Minneapolis, keep reading.

In Minneapolis, the best insurance company for you can also change over time as your life circumstances and needs change. It's always a good idea to shop around and compare quotes every six months to a year, even if you've been with the same insurer for a while. This ensures you have the coverage that makes sense for your current situation. To learn more about finding the best insurance company for your needs in Minneapolis, keep reading.

Q: I didn't have an accident — Why is my insurance going up?

A: End-of-year earnings are also a major factor in determining how much you will pay for car insurance in Minneapolis. Even if you have never filed a claim, you may still end up paying more with a specific insurance company due to the increased cost of doing business in Minneapolis.

Auto insurance premiums by age in Minneapolis

Age plays a critical role in determining how much you will pay for car insurance in Minneapolis. Insurance companies are all about risk, and research indicates that teen drivers pose the most risk on the road and have a higher number of accidents. Therefore, young drivers typically face the most expensive rates for their premiums. Although this may come as a shock, these higher rates are in place to help offset the cost of claims paid by the insurance company.

In Minneapolis, there is a $3,024 disparity in annual rates paid by drivers in their teens versus drivers in their twenties. On the bright side, with additional time behind the wheel and a safe driving record, you may notice a significant reduction in just a few years. To keep premiums low in the interim, think about adding a teen driver to a parent or guardian's policy as opposed to obtaining their own policy. Additionally, inquire about discounts for students who perform well academically and drive safely.

Cheapest car insurance companies for teen drivers in Minneapolis, MN
Cheapest Car Insurance Companies for Teen Drivers in Minneapolis, MN

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Company Avg. 6 Mo. Premium
Farm Bureau Mutual (IA Group) $1,381
Auto-Owners $1,694
USAA $2,109
State Farm $2,133
Nationwide $2,395
GEICO $2,423
Allstate $3,043

Source: The Zebra

Age Bracket Cheapest Companies Avg. 6 Mo. Premium
20s Farm Bureau Mutual $797
30s Farm Bureau Mutual $569
40s Farm Bureau Mutual $566
50s Farm Bureau Mutual $473
60s Farm Bureau Mutual $487
70s Farm Bureau Mutual $568

Zebra Tip: The cheapest companies for Minneapolis drivers between 20-40 are Farm Bureau Mutual, Auto-Owners, and State Farm

According to our findings, the majority of drivers in Minneapolis are aged between 20 and 40. The average cost for a six-month policy for this age range is roughly $1,118. However, by opting for one of these companies, drivers can potentially save around 30%.

Auto insurance premiums for minimum coverage in Minneapolis

Your premium for car insurance is determined by the coverage you select, in addition to personal factors such as credit score or age. In Minneapolis, the state minimum required level of car insurance is only carried by 32% of drivers. This is one method to reduce rates, but it may not be the best decision in the long run. If you only have the minimum required coverage, you may be underinsured in the event of an accident.

Adding collision coverage or comprehensive coverage (commonly known as "full coverage" when purchased together) will increase what you pay for insurance, but it will also give you more peace of mind. These coverages typically require a deductible, which can also impact your rates. Simply put, the higher your deductible, the cheaper your rates will be. You can adjust your deductible to try and get a better monthly price.

Also worth considering are add-ons like roadside assistance. While extras like this can add to your overall car insurance premiums, experts at The Zebra still recommend carrying such coverage options, as they can go a long way in extra protection and more confidence on the road.


Q: Can I lower my car insurance coverage?

A: Possibly — if your vehicle is paid off.

If you're financing or leasing your vehicle in Minneapolis, there is likely a required amount of insurance coverage that you need to carry. Those who own their cars outright have a bit more flexibility. If you're considering dropping comprehensive or collision coverage, we recommend obtaining the actual cash value of your car from a source such as Kelley Blue Book. If your car is worth $4,000 or less, you probably don't need to carry full coverage. This can lower your rates but also leaves you more vulnerable to paying for damages yourself.

Cheapest car insurance companies for minimum coverage in Minneapolis, MN
Cheapest Car Insurance Companies for Minimum Coverage in Minneapolis, MN

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Company Avg. 6 Mo. Premium
Auto-Owners $208
Farm Bureau Mutual (IA Group) $279
USAA $279
Nationwide $368
GEICO $422
State Farm $437
Allstate $468

Source: The Zebra

32% of our customers in Minneapolis carry minimum coverage, but this may not be the best option for everyone. While we understand state minimum or basic coverage is a cheaper solution, it does leave you at risk for damages that exceed your liability limits. Minnesota's 30/60/10 liability limits provide coverage for damage you cause up to $30,000 per person in bodily injury, $60,000 per accident in bodily injury and $10,000 for property damage. While this may be sufficient for a straightforward accident, it might not be for bodily injury claims or multi-vehicle accidents.

Minnesota also requires drivers to carry $40,000 worth of personal injury protection (PIP) and 25/50 in underinsured and uninsured motorist coverage. 

Learn more about insurance laws in Minnesota.

Minneapolis car insurance rates by credit score

In Minneapolis, credit score is a major factor in determining car insurance rates, as it is in most places. There are several reasons for this, and as with most things in the insurance world, it all comes down to risk. Studies have shown that drivers with lower credit scores tend to have more lapses in insurance coverage, engage in riskier driving behaviors, and file more claims.

Drivers in Minneapolis with poor credit scores (300-579) pay 160% more than drivers with excellent credit (800-850). This is a significant difference! However, 31% of drivers in Minneapolis have scores in the excellent (720+) category. As of 2024, Farm Bureau is the cheapest option for Minneapolis drivers in this credit range.

car insurance in Minneapolis by credit score
Cheapest car insurance companies for bad credit in Minneapolis, MN
Cheapest Car Insurance Companies for Bad Credit in Minneapolis, MN

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Company Avg. 6 Mo. Premium
Farm Bureau Mutual (IA Group) $1,044
Nationwide $1,091
GEICO $1,429
State Farm $1,819
USAA $1,820
Auto-Owners $1,975
Allstate $2,013

Source: The Zebra

Zebra Tip: If you recently improved your credit score, shop around for car insurance!

In Minneapolis, you don't have to drastically increase your credit score to improve it. Our data reveals that car insurance costs $1,868 less per year for drivers with "Fair" credit than for those with "Poor" credit. Depending on where you fall on the credit spectrum, the difference may only be a few points. If you've been working on improving your credit score, such as by paying off a loan, this is an excellent opportunity to see if your hard work has paid off and if you can save money on car insurance.

Auto insurance rates with an at-fault accident

In Minneapolis, at-fault and collision-type accidents are the most common types of insurance claims, and you should expect either of them to result in rate increases. In Minneapolis, these increases can range from $46 to $77 per month, depending on the violation. This may not sound like much, but it adds up significantly over time. The cheapest insurer after an at-fault accident is Farm Bureau.

No matter where you reside, the key to keeping rates affordable is to be a safe driver. If you get a speeding ticket, are charged with reckless driving, or get a DUI or DWI, your rates will increase, and your premium may be impacted for three to five years after an accident. In some cases, more severe infractions can remain on your record even longer. While accidents do occur, practicing safe driving habits while behind the wheel can help protect you both physically and financially.

Cheapest car insurance companies after an at-fault accident in Minneapolis, MN
Cheapest Car Insurance Companies After an At-Fault Accident in Minneapolis, MN

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Company Avg. 6 Mo. Premium
Farm Bureau Mutual (IA Group) $716
Auto-Owners $827
State Farm $992
Nationwide $1,060
USAA $1,069
GEICO $1,407
Allstate $1,787

Source: The Zebra

Minneapolis car insurance rates by violation

If you're curious about how much your rate in Minneapolis will go up due to various violations and claims, take a look at the information provided below.

Car insurance rate increases after violations and citations in Minneapolis, MN
Car Insurance Rate Increases After Violations and Citations in Minneapolis, MN

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Accident/Violation Avg. 6 Mo. Premium % Rate Increase $ Rate Increase
None $974 0% $0
One Med/PIP claim $981 1% $7
Not-at-fault accident $1,000 3% $26
One comp claim $1,026 5% $51
Two Med/PIP claims $1,026 5% $51
Two comp claims $1,074 10% $100
Failure to wear a seat belt $1,106 13% $132
Failure to show documents $1,107 14% $132
Child safety restraint $1,120 15% $146
Driving without lights $1,120 15% $146
Driving with expired registration $1,128 16% $154
Texting while driving $1,194 23% $220
Cell phone violation $1,194 23% $220
Following too closely $1,194 23% $220
Speeding 6 - 10 MPH over limit $1,200 23% $225
Illegal turn $1,200 23% $226
Failure to stop at a red light $1,203 23% $229
Wrong way/wrong lane $1,206 24% $232
Driving too slowly $1,207 24% $232
Improper passing $1,208 24% $233
Speeding in school zone $1,208 24% $234
Failure to yield $1,209 24% $235
Speeding 11 - 15 MPH over limit $1,217 25% $242
Speeding 16 - 20 MPH over limit $1,230 26% $255
Passing school bus $1,249 28% $275
At-fault accident - less than $1000 $1,251 28% $276
Operating a vehicle without permission $1,290 32% $315
In 65 MPH zone $1,302 34% $328
Speeding 21 - 25 MPH over limit $1,304 34% $330
At-fault accident - $1000-$2000 $1,390 43% $416
Open container $1,427 46% $453
At-fault accident - greater than $2000 $1,433 47% $459
Racing $1,761 81% $787
Reckless driving $1,793 84% $819
Refusal to submit to a chemical test $2,060 111% $1,086
Driving with a suspended license $2,061 112% $1,087
DUI $2,099 115% $1,125
Leaving scene of an accident/hit and run $2,190 125% $1,215

Source: The Zebra

Why is car insurance in Minneapolis so expensive?

In Minneapolis, despite car insurance potentially seeming expensive based on unique situations, auto insurance rates are relatively affordable for a variety of reasons. One factor is that the cost of living in Minneapolis is relatively low, which implies that businesses can operate without the additional expenses associated with larger cities.

Here's a rundown of why car insurance rates can vary in Minneapolis and why your rate may appear more expensive:


In Minneapolis, where you reside has an impact on how much you pay for car insurance. Although this is somewhat beyond your control, it does influence risk. Certain neighborhoods are simply more vulnerable to theft, other crimes, and uninsured drivers than others. If you live in one of these neighborhoods, your rate will be higher than if you live in a safer area.

Expensive Minneapolis ZIP codes: 55411, 55412, 55407, 55408, 55404

Cheap Minneapolis ZIP codes: 55438, 55442, 55446, 55447, 55424

Weather risk
Weather risk

The damage caused by tornadoes and other similar weather-related damage can and has bankrupted insurance companies. Minnesota may not be at risk for hurricanes, but they do experience their share of serious weather. Because of this risk, it can be more expensive for auto insurance companies in Minneapolis to do business. As such, they will raise their rates to anticipate further weather-related losses.

Flooding is one of those things that happens just about anywhere if conditions are right. Damage to your vehicle caused by flooding falls under your comprehensive coverage, so if you're concerned about this risk at all, or if you have a newer or nice vehicle, we suggest carrying comprehensive coverage as part of your Minneapolis car insurance policy.

number of drivers
Number of drivers

Minneapolis, like many areas in the Midwest, continues to grow as more people move away from coastal cities to more affordable locations in the country. But more people equate to more vehicles and therefore more accidents. The costs of accident-related claims generally get passed along to other drivers through higher rates, even if you're a safe or infrequent driver.

People operating vehicles without insurance coverage also pose a significant risk. Our research shows that 31% of drivers in Minneapolis are not currently insured. Although this is lower than in some places, it is still worth noting, and luckily Minnesota requires uninsured and underinsured motorist coverage, which will help you out if you're involved in an accident with someone lacking coverage.

Zebra Tip: Comprehensive coverage and uninsured property damage coverage are good to have in Minnesota

No one plans on being involved in an accident, particularly with an uninsured driver, but carrying uninsured motorist coverage (also known as UMPD) can help you be prepared just in case. UMPD will be there to assist if your vehicle (or yourself) is damaged by an underinsured or uninsured driver. UMPD coverage usually has a lower deductible than collision coverage, tends to be cheaper, and will also result in lower rate increases if you need to file a claim. Minnesota already requires this coverage, so you'll be prepared in the event you have to use it.

If you're on the fence about carrying comprehensive coverage, consider the threat of major weather damage. Severe weather can also cause significant damage to vehicles. Minneapolis, for example, experiences hailstorms and blizzards, so if you have a nice or newer vehicle, we suggest carrying comprehensive coverage even if your vehicle is paid off.

Bundling insurance policies in Minneapolis

Car insurance prices may be going up nationally, but there are still ways to save. When shopping for a new auto insurance policy, consider bundling your home or renters insurance. By doing this, you can often qualify for a significant discount — you might be able to save 10% or more on your combined premiums. Learn more about bundling home and car insurance.

bundling home and auto insurance in Minneapolis
Cheapest car insurance companies for bundling home and auto insurance in Minneapolis, MN
Cheapest Car Insurance Companies for Bundling Home and Auto Insurance in Minneapolis, MN

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Company Avg. 6 Mo. Premium
Farm Bureau Mutual (IA Group) $488
Auto-Owners $628
State Farm $652
Nationwide $738
USAA $763
GEICO $928
Allstate $965

Source: The Zebra

Minneapolis drivers should be aware that some factors affecting auto insurance rates are beyond their control. Nonetheless, you can take steps to reduce your premiums as a responsible driver. For example, it's a good idea to check your rates every six months to a year. This is particularly crucial if you've recently had a significant life event or personal change that might influence your premiums. By comparing quotes from various insurance providers, you can find an affordable policy that fits your requirements.

Find the best rates for both auto and home insurance in minutes!

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Frequently asked questions

Minneapolis drivers can obtain a six-month auto insurance policy at an average cost of $970, which translates to a monthly rate of $162. This rate is higher than both the state and national averages.

For Minneapolis residents, Farm Bureau Mutual (IA group) offers the cheapest rates for auto insurance, averaging at $536 for a six-month policy.

Minnesota requires minimum liability coverage at 30/60/10. The state also mandates that drivers carry 25/50 in both uninsured and underinsured motorist coverage. Optional in many states, personal injury protection (PIP) of $40,000 is also required.

Find affordable rates in minutes!

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How much is car insurance near me? — explore more cities near Minneapolis, MN

Recently answered questions about car insurance in Minneapolis from real Zebra customers

Car insurance near me in Minneapolis

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About The Zebra

The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.

  • The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
  • The Zebra’s insurance editorial content is not subject to review or alteration by insurance companies or partners.
  • The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
  • The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.