What is the average cost of car insurance in Minneapolis?


The typical Minneapolis driver pays $1,653 per year for auto insurance. That's pricier than the average in Minnesota ($1,319) and pricier than the national average of $1,548. Read on to learn more about how much you can expect to pay based on your credit score, gender, marital status, and other common factors in Minneapolis.


MINNEAPOLIS CAR INSURANCE RATES
Minneapolis Average (annual)Minnesota AverageUnited States Average
$1,653$1,319$1,548

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Minneapolis car insurance premiums by provider


The company-by-company differences in car insurance rates can be substantial, so it's important to compare quotes thoroughly and choose your insurer carefully. For a typical driver, GEICO offers Minneapolis's cheapest rates. See below the best companies for cheap auto insurance in Minneapolis — but don't forget to get personalized car insurance quotes to match your driving profile.


MINNEAPOLIS CAR INSURANCE RATES BY COMPANY
InsurerAverage Yearly Rate
GEICO$1,109
AAA$1,247
State Farm$1,496
American Family$1,592
Progressive$1,950

Check out our guide to learn how to find the best cheap car insurance.



Minneapolis auto insurance premiums by age

Minneapolis drivers in their 50s enjoy relatively affordable auto insurance rates, paying just $1,439per year, on average. Those in their 60s don't pay significantly more ($1,535).

The Minneapolis drivers who face the priciest insurance rates are teenagers. When drivers hit their 20s in Minneapolis and move out of the teenage age bracket, they reduce their premiums substantially. The gap in cost between the car insurance premiums paid by teenage drivers and drivers in their 20s in Minneapolis is $4,024. That's the biggest gap in premiums between any pair of age brackets.


CAR INSURANCE RATES BY AGE TIER IN MINNEAPOLIS
Age groupAverage Annual Rate
Teenagers$6,221
20s$2,197
30s$1,636
40s$1,580
50s$1,439
60s$1,535
70s$1,871

Learn more about the impact of age on car insurance premiums.



Minneapolis auto insurance rates by marital status and gender


In some cases, a driver's marital status and gender may affect the auto insurance rates they pay. In most places, single drivers pay more than married drivers based on data that says they're more likely to file claims. Married drivers in Minneapolis pay $103 less than single drivers for auto insurance. Rates for those who are widowed are also much cheaper than rates for those who are single. Interestingly enough, in Minneapolis, widowed drivers pay less than those who are single.

Gender is another factor that can influence auto insurance rates. In Minneapolis, female drivers pay more for auto insurance than do male drivers: $88 per year, to be precise.


MINNEAPOLIS CAR INSURANCE PREMIUMS BY GENDER AND MARITAL STATUS
Gender/Marital StatusAverage Annual Rate
Female$1,741
Male$1,653
Single$1,550
Married$1,550
Divorced$1,653
Widowed$1,609

Learn more about the impact gender and marital status have on insurance rates.



Minneapolis car insurance premiums by accident and violation history


If you want to keep your car insurance costs reasonable, keep your driving record clean. At-fault accidents, DUIs, reckless driving citations, and speeding tickets all contribute to expensive auto insurance rates, as insurance companies reward low-risk drivers with the gift of affordable rates.

Minneapolis drivers found guilty of reckless driving pay a steep price when it comes to auto insurance, facing a rate increase of $962 per year versus the city average. A ticket for speeding results in a $434 rate hike while a DWI or DUI violation costs $936per year in extra insurance expenditures.


MINNEAPOLIS CAR INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
IncidentAverage Yearly Rate
DWI/DUI$2,589
Reckless Driving$2,615
At-fault Accident (damages < $1,000)$2,245
At-fault Accident (damages greater than $2,000)$2,390
Speeding Ticket (16-20 mph over speed limit)$2,087

Learn more about the impact of driving violations on car insurance rates.



Minneapolis auto insurance costs by credit level


It's no secret credit score is closely correlated with car insurance rates. Minneapolis drivers who improve their credit score from "Very Poor" (300-579) to "Exceptional" (800-850) can save as much as 60% on their car insurance premiums. Moving from "Very Poor" to "Fair" credit is an important step toward saving money on auto insurance. In Minneapolis, improving your credit to "Fair" could help you earn a $1,403 decrease in annual car insurance rates.


MINNEAPOLIS CAR INSURANCE RATES BY CREDIT TIER
Credit ScoreAverage Annual Rate
Very Poor$3,354
Fair$1,952
Good$1,653
Very Good$1,500
Exceptional$1,331

Curious about how your credit score might impact your auto insurance rates? Click here to learn more.



What drives up car insurance rates in Minneapolis?

Where you live in Minneapolis affects your car insurance rates. Besides your driving history and credit score, where you live is one of the biggest contributing factors to the car insurance rates you'll pay. The reason? Crime, theft and uninsured motorists vary by ZIP code. So if you find yourself in a neighborhood that doesn’t play well with others, car insurance companies may consider you a high risk to insure, meaning: your rates could be higher than those of a pal who lives just around the block. And, unfortunately Minneapolis is no exception to the rule. From ZIP code 55437 to 55411, premiums rise by 43 percent—that’s $694.

Expensive Minneapolis ZIP codes: 55487, 55488, 55454, 55486, 55411

Cheap Minneapolis ZIP codes: 55437, 55438, 55447, 55446, 55439

Minneapolis Driving Conditions

Inclement weather goes hand in hand with wet brakes, slick roads, and decreased visibility.

And that's not the worst of it. More than 700,000 weather-related car accidents occur each year. In Minneapolis, you can expect 117 rainy days with an annual rainfall of 30.6 inches. Minneapolis is also known to experience severe winter storms.

117

Rainy Days a Year

31"

Avg. Annual Rainfall

54"

Avg. Annual Snowfall

Be Prepared For

Driving in Minneapolis

2
Major Highways
I-394 I-94 I-35W
2
Public Transit
METRO Metro Transit Bus
2
Toll Roads
I-35W I-394 I-94
2
Popular Day Trips
Lake Minnetonka Taylors Fall Red Wing

Find Local Minneapolis Agents

Dyste Williams Agency

6465 Wayzata Blvd, Ste 700, Minneapolis, MN 55426

Hays Companies

80 S 8th St, Ste 700, Minneapolis, MN 55402

Moreno Agency- Innovative Insurance Services

4748 Chicago Ave, STE 2, Minneapolis, MN 55407

AAA Minneapolis Insurance Agency

5400 Auto Club Way, Minneapolis, MN 55416

HomeServices Insurance

333 S 7Th St Ste 2420, Minneapolis, MN 55402

Not sure about Minneapolis

Check out these other Minnesota cities:

Saint Paul

2

$1,921

The average Minneapolitan's annual cost of coverage

2

40%

Our customer's average savings after comparing insurance

Revised

307

That's equal to 307 cups of coffee or $768 in savings

See How Much You Can Save in Minneapolis

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Recent Questions:

Minneapolis Car Insurance

Does it cost more to insure a turbo engine vehicle than a non-engine car?

Most insurance companies will charge more for a turbo engine if the VIN identifies it as such — since it has more power and speed, the risk of a claim is going to increase. The same goes for luxury or modified vehicles.

Planning on selling old car do I still need insurance on it

There's a couple of things to look at here. Any grace period would depend on the exact policy details of your current policy.

In the State of Minnesota, does a registered vehicle have to have insurance if it is not being driven?

Technically, if you have the vehicle registered then it's supposed to be insured, regardless of whether or not it's being driven. If you are wanting to remove insurance from a vehicle you're supposed to return the registration tags to your local registration office.

Is there an age limit for a good student discount?

There is no way to say for sure outside of asking your specific insurance company. Most insurance providers that offer good student discounts have stipulations that may make you ineligible due to your age or the fact that you aren't covered on your parent's policy.