The Best Car Insurance in Minnesota

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Whether you’re headed to the Twin Cities for a weekend full of craft beer and nightlife or attempting to make it to as many of the state’s 90+ county fairs as possible, Minnesotans have no shortage of entertainment as long as they have an adequate Minnesota auto insurance policy.

When it comes to auto insurance, Minnesotans have plenty of options. However, sometimes, a greater variety makes for a more difficult decision. Let’s examine how to narrow your options to find the best policy for your lifestyle.

What’s the Best Car Insurance in Minnesota?

Those who value coverage over cost may be better off with a full coverage policy from an insurer that offers plenty of additional coverage types. Those who value cost over coverage may opt for a minimum coverage policy from an insurer offering base rates below the state average, as this will almost always be the cheapest policy in the state.

In terms of car insurance, Minnesota ranks average in almost every category, like policy, premium costs, and the number of uninsured drivers. Since statistics are so average in the state, it may be easy for Minnesotans to find a policy that meets their needs without breaking the bank, as long as they know where and how to look. 

To find the right policy for your needs, you first need to narrow down what you value more when it comes to auto insurance: cost or coverage. 

Those who value coverage and cost equally will have to compromise in the middle of the two. Many find this compromise to be a full coverage policy from an insurer offering below-average base rates and plenty of discounts to lower their premiums even further.

Auto insurance laws in the North Star State require drivers to have at least $30,000 in bodily injury liability per person, $60,000 in bodily injury liability per accident, $10,000 in property damage liability per accident, $25,000 in uninsured and underinsured motorist bodily injury (UMBI/UIMBI) per person, $50,000 in UMBI/UIMBI per accident, and $40,000 in personal injury protection (PIP) since the North Star State is a no-fault state

Those who finance or lease their vehicles may be required to have collision and comprehensive coverages on their policies. 

Driving without insurance in the Land of 10,000 Lakes is illegal, and those who break the law may face severe consequences like fines, license and registration suspension, or even jail time. A driver with a poor insurance history may need SR-22 insurance, as many high-risk drivers do. Such a policy can potentially raise one’s rates to triple the state average. 

While forgoing coverage for the sake of short-term savings can certainly be tempting, it’s definitely an unwise decision. It’s far easier to budget for an insurance premium than for a catastrophic accident without coverage. 

Even if cost is of major concern, it should be comforting to know that Minnesota is one of the country’s cheapest states for auto insurance. Let’s check out how you may be privy to some of the best deals on auto insurance in the North Star State.

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How To Find the Right Insurance Companies in Minnesota

Attempting to sort through all the Minnesota insurance companies to find the best fit for your needs can be daunting but not impossible. The good news is many insurers in the North Star State offer affordable policies, as the average rate in the state is below the national average.

The average full coverage policy in the North Star State costs about $1,550 annually, or about 10% below the national average of $1,670 annually. However, once you narrow down what you value most in a policy, you may see rates above or below the state average, depending on the type of policy you wish to bind. 

It’s essential to note that auto insurance is highly subjective based on the person, policy, insurer, and state. Based on these factors, premiums are subject to change, too. 

For example, insurers generally use factors like one’s insurance history, driving record, age, ZIP code, or gender, among others, to determine premiums. These factors help insurers assess a driver’s risk for filing a claim. If a driver is at high risk of filing a claim, they’ll likely pay above-average premiums. 

While getting quotes from several insurers is a surefire way to find a policy with a premium that best suits your needs, it’s crucial to know if you have some inherent traits working against you. The good news is that premiums ebb and flow over time, so if yours are expensive now, they may not always be that way. 

While some companies may just have higher-than-average rates, if you’re considered a high-risk driver, all your quotes will likely be above average, even from insurers that boast lower-than-average rates. 

Let’s check out what insurers in the North Star State offer the best policies, premiums, and coverage options.

A List of Car Insurance Companies in Minnesota

While the best auto insurance companies in Minnesota will vary based on the driver and their individual needs, there are a handful of companies that policyholders choose time and time again. Whether it’s for their below-average rates, range of coverage options, or various stackable discounts, these insurers consistently rank highly in the North Star State. Let’s check out which insurers rank the highest among Minnesotans.


Many Minnesotans find that Geico offers everything they need in terms of auto insurance. The average full coverage policy with this insurer is about $1,780 annually in Minnesota, or about 10% higher than the state average of about $1,550 annually. 

While the average rate with this insurer may be a bit above average, that doesn’t scare off its loyal customer base. Drivers keep coming back to Geico because the insurer offers excellent customer service and stackable discounts like a usage-based telematics program and a pay-per-mile program that can significantly reduce one’s premiums. 


One of the top insurers in the North Star State is Allstate, for a whole host of reasons. This insurer’s average full coverage policy costs about $1,680 annually, or just 8% more than the state average. While the insurer boasts low base rates, it also offers a significant range of optional coverages, like medical payments coverage (MedPay) and gap coverage, that drivers can add to their full coverage policies to tailor them to their needs. 


Auto-Owners Insurance is a favored insurer among drivers of all ages and backgrounds, especially those considered high-risk. This insurer’s average full coverage premium costs about $1,410 annually, or about 10% less than the state average. 

While drivers with a clean driving record and an outstanding insurance history will surely capitalize on the savings this insurer offers, these below-average rates may be available to drivers who infrequently see below-average premiums, like those considered high-risk. While auto insurance is subject to change based on each driver, on average, high-risk drivers who bind with Auto-Owners may have access to lower-than-average premiums. 


Our partner, Travelers, is well-loved in the Land of 10,000 Lakes. On average, a full coverage policy with this insurer costs about $1,400 annually in the state, or about 10% below the state average. While this company already offers lower-than-average base rates, drivers may be able to save even more on their premiums by applying some of this insurer’s many stackable discounts. 

Drivers can add discounts like a good driver discount, a multi-car discount, or a bundling discount to their policies to maximize their savings.

State Farm

State Farm is the best Minnesota auto insurance company in terms of lower-than-average premiums, coverage options, and customer satisfaction. The average policy with this insurer is about $1,340 annually, or about 15% below the state average. 

While this insurer’s base rates are below average, policyholders have plenty of opportunities to lower their premiums even further by combining the various discounts offered. State Farm has many discounts policyholders can stack, like a good student discount, an anti-theft discount, and a telematics program, among several others. 

The Best Insurance Companies in Minnesota Explained

The best auto insurance in Minnesota will likely be a full coverage policy from State Farm, with several optional coverages and stackable discounts applied. However, it’s crucial to remember that auto insurance is very subjective, so what may be best for one driver may not be the right choice for others.

Many insurers in the North Star State offer full coverage policies at or below the average premium in the state, but that doesn’t always mean they’re the best companies. The best company will change based on each driver and their individual needs. 

While a middle-aged driver with a clean driving record and stellar insurance history may bind a policy with below-average premiums through State Farm, a driver with a poor driving record may find their best fit with Auto-Owners or Geico.

How To Find Car Insurance Quotes in Minnesota

If you’re hoping to bind a policy with one of the top insurance companies in Minnesota, the best way to access your unique rates is to get and compare quotes online. By getting and comparing quotes online, you can make the most informed decision about your policy and insurer and ensure you’re getting the most bang for your buck. 

Luckily, you’ve come to the right place for quotes. Here at Clovered, we have a free quoting tool you can use to access your unique quotes in minutes. If you’d rather chat with a professional, you can contact one of our licensed agents at 833-255-4117 or [email protected].

Ready to Save Money on Auto Insurance?

Rethink your auto insurance premium with a free quote from the nation's top companies.

The editorial content on Clovered’s website is meant to be informational material and should not be considered legal advice.

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