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Minimum State Insurance Requirements » Minnesota

40 / 100 / 50

Personal injury insurance for the driver: $40,000

(maximum benefit paid per claim after the policyholder pays the deductible)

Personal injury coverage for all people involved in an accident: $100,000

Property damage coverage per claim: $50,000



Minnesota Car Insurance Information

Busy Minnesota drivers who need fast access to the most complete, up-to-date car insurance quotes in the state need look no further than, the internet’s premier resource for Minnesota car insurance information. The lowest rates in the state coexist with important statistics like average annual premiums and minimum insurance requirements.

Minnesota Car Insurance Information

Long known as an outdoorsman’s paradise for its thousands of clear lakes and miles of untamed forest, Minnesota has recently established a reputation as a center of urban culture as well. The majority of the state’s population lives in the crowded, still-growing Twin Cities area, whose highway network poses challenges to drivers during the state’s snowy winters and unpredictable spring and summer months. Suburbs with high accident rates further complicate the picture for Minnesota drivers.

With these issues in mind, drivers statewide are encouraged to purchase a good insurance plan that covers most eventualities. Minnesota’s average annual insurance premium is $1,205, which is a bit below average for the nation as a whole. A local no-fault law helps transfer some costs normally borne by individual drivers onto their insurers, reducing the rates they pay. 13 percent of the state’s drivers lack insurance, which is about average nationally.

Car Insurance Minimum Requirements

Minnesota drivers are required by state law to carry a minimum insurance coverage level of 30/60/10. This means they must have $30,000 of per-person injury liability, $60,000 of per-vehicle injury liability, and $10,000 of property damage liability. The first two figures are slightly above average nationally while the second figure is standard.

Car Insurance Companies

Minnesota car insurance companies are a diverse bunch. Despite the state’s growing population, many local insurance agencies have gone out of business or merged with larger national outfits, which often provide better deals on the truck and farm equipment insurance which many rural Minnesotans still require. Compared to other rural states dominated by a single major metropolitan area, Minnesota maintains fewer of the independent companies that are often so important to far-flung communities. This may be due to the fact that many national insurance companies are headquartered in the Twin Cities.

Free Car Insurance Quotes For Minnesota

No matter where Minnesotan drivers ultimately get their insurance, has become the premier online resource for great deals on quality Minnesota coverage. Drivers can search the site’s database either by their zip code or their vehicle’s make and model information, finding the lowest rates guaranteed in far less time than it would take to call the dozens of insurance offices in their area.

Car Insurance Rates

Minnesota’s average annual car insurance premium is $1,250, which is about average for the United States as a whole. Compared to their neighbors, Minnesotans pay less for car insurance than folks in Wisconsin and North Dakota but more than Iowans and South Dakotans. With a manageable level of uninsured drivers and a great no fault law, Minnesota car insurance looks to remain reasonably valued for years to come!