Find Minnesota car insurance cost for both new or used cars. Also see what coverage you need, how your car’s value and credit score affect your rate, and where you can cut costs without leaving yourself in trouble.
Car insurance in Minnesota usually lands close to the national average, but many drivers still feel the impact of winter driving and busy metro areas on their bills.
No-Fault Basics: The 30/60/10 Rule and $40,000 in Personal Injury Coverage
Minnessotta New Car Insurance Costs
Minnessotta Used Car Insurance Costs
How Your Credit History Affects Minnesota Car Insurance Cost
Why Minnesota’s Minimums May Not Cover the Full Cost of a Crash
Curious about car financing? See real Minnesota car loan rates shared by our community.
No-Fault Basics: The 30/60/10 Rule and $40,000 in Personal Injury Coverage
Minnesota law requires both liability coverage and personal injury coverage. This means your policy pays for injuries and damage you cause, and also covers medical costs for you and your passengers after a crash.
- $30,000 for injuries to one person. This pays for medical bills if you hurt someone in a crash.
- $60,000 for injuries to more than one person in a single crash. This is the total amount your insurance will pay for all injured people combined.
- $10,000 for property damage. This pays to fix or replace what you damage, like another car, a fence, or a building.
- $40,000 in personal injury coverage for you and your passengers. This pays for medical care and lost wages after a crash, no matter who caused it.
Minnesota also requires coverage for injuries caused by uninsured drivers. This helps when the other driver has no insurance or not enough to cover the damage.
MFP Tip: The $10,000 property damage limit can run out fast if you hit a newer vehicle. Higher limits can protect your savings after a single crash.
Minnesota New Car Insurance Costs
Your new auto insurance price depends on the value of your car, how much coverage you choose, and your credit history. New cars often cost more to insure because repairs and parts are more expensive.
| Car Value | Coverage | 750+ (Excellent) |
700–749 (Good) |
650–699 (Fair) |
600–649 (Below Fair) |
|---|---|---|---|---|---|
| Under $30K | Full | $193 | $230 | $262 | $535 |
| Standard | $140 | $167 | $190 | $388 | |
| Liability only | $93 | $111 | $126 | $258 | |
| $30K–$60K | Full | $229 | $272 | $309 | $632 |
| Standard | $166 | $198 | $225 | $460 | |
| Liability only | $102 | $121 | $138 | $282 | |
| Over $60K | Full | $282 | $335 | $381 | $778 |
| Standard | $202 | $241 | $274 | $560 | |
| Liability only | $110 | $131 | $149 | $305 |
Minnesota Used Car Insurance Costs
Used cars may cost less to insure, but dropping coverage for your own car can leave you paying out of pocket after a winter crash or a theft.
| Car Value | Coverage | 750+ (Excellent) |
700–749 (Good) |
650–699 (Fair) |
600–649 (Below Fair) |
|---|---|---|---|---|---|
| Under $15K | Full | $112 | $134 | $152 | $311 |
| Standard | $94 | $112 | $128 | $261 | |
| Liability only | $65 | $77 | $87 | $178 | |
| $15K–$25K | Full | $135 | $161 | $182 | $373 |
| Standard | $112 | $134 | $152 | $311 | |
| Liability only | $75 | $89 | $101 | $207 | |
| $25K–$40K | Full | $153 | $182 | $207 | $423 |
| Standard | $128 | $152 | $173 | $353 | |
| Liability only | $81 | $96 | $109 | $223 | |
| Over $40K | Full | $175 | $209 | $237 | $485 |
| Standard | $146 | $173 | $197 | $403 | |
| Liability only | $89 | $106 | $121 | $246 |
Most insurers group policies into three coverage levels:
- Full: Includes liability plus coverage for damage to your own car, even if you cause the crash or weather damages your vehicle.
- Standard: Higher liability limits than the state minimum, with or without coverage for your own car.
- Liability Only: Covers injuries and damage you cause to others, but not your own car.
How Your Credit History Affects Minnesota Car Insurance Cost
In Minnesota, insurers can use your credit history when setting your price. Drivers with strong credit usually pay the least, while drivers with below-fair credit often pay much more for the same coverage.
In many cases, a driver with weak credit can pay 50 to 65 percent more than a driver with excellent credit, even with similar cars and clean driving records.
MFP Tip: If your credit score rises, ask for a fresh quote before your policy renews. A better credit history can lead to a lower price.
Picking the Right Coverage
If you finance or lease a new car, your lender will require coverage that pays to repair or replace your car after a crash or storm. This protects their investment until the loan is paid off.
Gap insurance can help during the early years of a loan. If your car is totaled, it covers the difference between what your car is worth and what you still owe.
For used cars, the 10 percent test can guide your choice. If your yearly coverage cost is more than 10 percent of your car’s value, you may want to keep only liability and drop coverage for your own car.
Why Minnesota’s Minimums May Not Cover the Full Cost of a Crash
When You Damage Someone’s Property
Many vehicles on Minnesota roads cost far more than $10,000 to repair. If your limit runs out, the rest of the bill can become your responsibility.
If You Injure Someone
Medical care and time away from work can push costs past $30,000 for a single person. If more than one person is hurt, the $60,000 total limit has to cover everyone.
When an Uninsured Driver Hits You
About one in ten Minnesota drivers is uninsured. Coverage for injuries and damage to your own car can help when the other driver cannot pay.
What Shapes Minnesota Rates
Minnesota follows a no-fault system. Your own insurance pays for your medical costs after a crash, even when the other driver caused it.
Long winters bring snow and ice that raise crash claims across the state. Hail and strong winds can also damage parked cars during storm season.
Traffic along I-94, I-35, and the Twin Cities metro area adds to the risk of minor crashes and repair claims.
Ways Minnesota Drivers Can Lower Their Insurance Bills
- Bundle policies. Putting home or renters insurance with the same company can lead to lower prices.
- Take a defensive driving course. Some insurers offer discounts for approved classes.
- Use safe-driver tracking programs. These track how you drive and can lower your rate if you avoid hard braking and late-night trips.
- Compare quotes. Prices can vary widely between companies for the same driver and car.
- Raise your deductible. This is the amount you pay out of pocket before insurance kicks in.
MFP Tip: If you park in a garage during winter, let your insurer know. Protected parking can lead to lower prices for some drivers.
What to Do After Buying a Car in Minnesota
You need insurance in place before you can register your vehicle. Dealers often submit paperwork for new cars, while private sales leave the steps to you.
Registration and title work go through the Minnesota Driver and Vehicle Services office. New residents and buyers have a short window to complete the process.
Review your coverage once a year. As your car’s value drops, you may be able to adjust your policy and lower your costs.
End Note
Meeting the legal minimum keeps you on the road, but winter crashes, newer vehicles, and uninsured drivers can lead to bills that go far beyond those limits.
Choose coverage based on what you own and what a real crash can cost on Minnesota roads, not just what the law requires.