![]() Our editorial team does not receive direct compensation from our advertisers. We maintain a firewall between our advertisers and our editorial team. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. We do not include the universe of companies or financial offers that may be available to you.īankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. But this compensation does not influence the information we publish, or the reviews that you see on this site. ![]() This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. The offers that appear on this site are from companies that compensate us. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.īankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Here are average minimum-coverage car insurance costs in Minneapolis for both young drivers and older age groups.We are an independent, advertising-supported comparison service. The price of car insurance gets cheaper when policyholders move into their 20s and it keeps going down as they continue to age. Our data shows that 16-year-olds pay about $190 per month or $2,279 per year for car insurance in Minneapolis. Minneapolis Car Insurance Cost by AgeĬar insurance coverage costs more for teenagers because they have a higher chance of getting into accidents or of breaking traffic rules. You can also reduce rates by bundling auto coverage with homeowners insurance, life insurance or renters coverage. While it may be nice to have extra services like roadside assistance and medical expenses coverage, they aren’t necessary. Since Minneapolis has several ZIP codes with varying auto insurance rates, we’ll analyze those as well.Ī few methods to save on Minnesota auto insurance are by increasing your deductible and by sticking to state-minimum insurance requirements. In this section, we’ll consider the expense of car insurance in Minneapolis based on the age of the driver, their credit score and their driving history. Various elements impact the cost of car insurance, so the least expensive company for one driver may not be the most economical for another. While not all states require underinsured and uninsured motorist coverage, Minnesota drivers must carry them along with personal injury protection. $50,000 underinsured/uninsured motorist bodily injury coverage per accident.$25,000 underinsured/uninsured motorist bodily injury coverage per person. ![]()
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