What's the Cost of Car Insurance in Minneapolis?

Minneapolis is recognized for its expensive premiums, as its mean premium is $355 higher than the state average. So in Minneapolis, it is vital to cut costs while insuring a vehicle. We've analyzed how auto insurance rates in Minneapolis compare to premiums nationwide.

City AverageState AverageNational Average

Minneapolis Car Insurance Premiums by Age

With average car insurance payments of $6,677, teenage drivers have the highest rates of any age group. In Minneapolis, when drivers hit their 20s, therefore moving out of the teenage age bracket, they save an average of $4,463 annually, which is the biggest gap you'll see between any age group. While rates for drivers in Minneapolis will continue to decline through their 50s, they should expect a change when they turn 60. At $1,412, drivers in their 50s have the smallest insurance premiums among any age group.

AgeAverage Rate

Minneapolis Auto Insurance With Accidents or Violations

Do you know the impact an accident or violation can have on your car insurance premiums? In Minneapolis, drivers with a DUI need to spend 63% more than the city average to insure their vehicle. Reckless driving will also drive your rates up, with typical rates of $2,410, which are 49% higher than the city average. Accidents happen, even to safe drivers, so be prepared and learn what can happen to your rates following one. Being at-fault in an accident can cost drivers an additional 53% per year to insure your vehicle in Minneapolis.

Incident or ViolationAverage Rate
Reckless Driving$2,410
At-fault Accident (damages less than $1,000)$2,470
At-fault Accident (damages greater than $2,000)$2,470
Speeding Ticket (16-20 mph over speed limit)$2,017

Minneapolis Auto Insurance by Credit Rating

Improving your credit tier from Very Poor credit (300-579) to Exceptional credit (800-850) can save you an average of 59% every year on car insurance. Drivers will see the greatest percent reduction in premiums when they upgrade their credit from Fair (580-669) to Good (670-739). That change can save them 23% per year.

CreditAverage Car Insurance Rate
Very Poor$3,343
Very Good$1,699

Minneapolis Car Insurance by Marital Status and Gender

Auto insurance rates in Minneapolis can be affected by driver attributes such as gender and marital status. There is no difference in rates between those who are single and those who are divorced or widowed. In contrast, people who are married save an average of $111 per year on car insurance compared to those who are single. Generally, females have premiums that are 6% more costly than those for males.

Marital Status/GenderAverage Rate

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 & decreased visibility.

And that's not the worst of it. Each year there are more than 700,000 weather-related car accidents. 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. You can check on the condition of the roads anytime here.


Rainy Days a Year


Avg. Annual Rainfall


Avg. Annual Snowfall

Be Prepared For

Driving in Minneapolis

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

Car Insurance Companies in Minneapolis

Find Local Minneapolis Agents

Hays Companies

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

Dyste Williams Agency

6465 Wayzata Blvd, Ste 700 Minneapolis, MN 55426

AAA Minneapolis Insurance Agency

5400 Auto Club Way Minneapolis, MN 55416

Moreno Agency- Innovative Insurance Services

4748 Chicago Ave, STE 2 Minneapolis, MN 55407

HomeServices Insurance

333 S 7Th St Ste 2420 Minneapolis, MN 55402

See All

Not sure about Minneapolis

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Saint Paul


The average Minneapolitan's annual cost of coverage


Our customer's average savings after comparing insurance


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Minneapolis Car Insurance

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