Car Insurance in Minneapolis, MN – Cheapest Rates + Rankings

• Minneapolis car insurance rates cost an average of $2,496 per year, or about $208 per month.
• Minneapolis auto insurance costs an average of $268 per year more than the Minnesota state average cost ($2,228) and $275 per year more than the average rate for all 50 states ($2,221).
• Compact SUVs like the Subaru Crosstrek, Chevrolet Trailblazer, and Buick Envision have the best chance of receiving cheap car insurance in Minneapolis.
• Models with the cheapest auto insurance in Minneapolis in their automotive segment include the Nissan Titan at $2,332 per year, Jaguar E-Pace at $2,332 per year, Subaru Crosstrek at $1,842 per year, and Acura RDX at $2,086 per year.

How much does Minneapolis car insurance cost?

Average auto insurance cost in Minneapolis is $2,496 per year, which is 11.7% more than the U.S. average rate of $2,221. Car insurance in Minneapolis per month costs around $208 for a policy that provides full coverage.

In the state of Minnesota, the average price for car insurance is $2,228 per year, so the average cost in Minneapolis is $268 more per year. When prices are compared to other cities in Minnesota, the average cost of auto insurance in Minneapolis is about $8 per year less than in St. Paul, $404 per year more expensive than in Rochester, and $266 per year more expensive than in Bloomington.

The chart below shows different average Minneapolis auto insurance rates based on a variety of different driver ages, policy physical damage deductibles, and risk scenarios.

In the chart above, the cost of car insurance in Minneapolis ranges from $2,074 per year for a 40-year-old driver who qualifies for a great discount rate to $5,734 per year for a 30-year-old driver who has a few accidents and violations and has to buy a high risk policy. When those numbers are converted to a monthly rate, the average cost in the chart above ranges from $173 to $478 per month.

Car insurance rates have extreme variability and can also be significantly different between companies. The potential for large premium differences reinforces the need for accurate auto insurance quotes when shopping for the cheapest car insurance coverage.

The age of the rated driver is the single-largest factor that determines the cost of auto insurance, so the list below illustrates these differences by showing the difference in average car insurance rates in Minneapolis for different driver ages.

Average car insurance rates in Minneapolis for drivers age 16 to 60

• 16 year old – $8,882 per year or $740 per month
• 17 year old – $8,605 per year or $717 per month
• 18 year old – $7,712 per year or $643 per month
• 19 year old – $7,022 per year or $585 per month
• 20 year old – $5,018 per year or $418 per month
• 30 year old – $2,662 per year or $222 per month
• 40 year old – $2,496 per year or $208 per month
• 50 year old – $2,210 per year or $184 per month
• 60 year old – $2,070 per year or $173 per month

The previous rates shown that detailed the cost to insure teen drivers were based on a male driver. The next chart gets more specific and separates the average cost to insure teen drivers in Minneapolis by gender. Teenage females tend to have cheaper auto insurance rates than their male counterparts.

Car insurance for a 16-year-old female in Minneapolis costs an average of $583 less per year than the cost for a 16-year-old male, while at age 19, the cost difference is significantly less but still $1,082 per year.

The vehicle models that have high popularity in Minneapolis tend to be compact or midsize cars like the Volkswagen Jetta, Honda Civic, and Kia K5 and small or midsize SUVs like the Toyota RAV4, Chevy Equinox, and Subaru Outback.

Additional popular vehicles from other segments include luxury SUVs like the Lexus RX 350, BMW X5, and Infiniti QX60, luxury cars like the Infiniti Q50, BMW 530i, and Tesla Model S, and pickup trucks like the Chevy Silverado, Ford F-150, and Ford Ranger.

We get into rates in much more detail a little farther in this article, but before we get into that data, let’s review some of the ideas that we covered up to this point.

• Minneapolis car insurance prices are more expensive than the Minnesota state average – $2,496 (Minneapolis average) versus $2,228 (Minnesota average)
• Low deductibles cost more than high deductibles – A 50-year-old driver pays an average of $1,040 more per year for a $250 deductible policy versus a $1,000 deductible policy.
• Minneapolis car insurance costs more than the U.S. average – $2,496 (Minneapolis average) compared to $2,221 (U.S. average)
• Car insurance rates fall substantially from age 20 to 30 – The average 30-year-old Minneapolis driver will pay $2,356 less each year than a 20-year-old driver, $2,662 versus $5,018.
• Average car insurance cost per month ranges from $173 to $740 – That is the average car insurance cost range for drivers from age 16 to 60 in Minneapolis.

Which vehicles cost the least to insure in Minneapolis?

When comparing rates for all models, the vehicles with the best car insurance quotes in Minneapolis tend to be crossovers and compact SUVs like the Kia Soul, Chevrolet Trailblazer, Hyundai Venue, and Toyota Corolla Cross.

Average insurance rates for those vehicles cost $181 or less per month for full coverage car insurance.

A few other models that are highly ranked in our cost comparison are the Acura RDX, Buick Envista, Subaru Outback, and Buick Encore. Average insurance cost is a little bit more for those models than the crossover SUVs at the top of the list, but they still have an average cost of $2,325 or less per year.

The following table ranks the top 40 cheapest vehicles to insure in Minneapolis, sorted by average cost.

The above table containing 40 ranked vehicles is fine if you just want the absolute lowest rates. A more thorough way to look at rates in a practical manner is to organize them by their automotive segment.

This next article section illustrates the average cost to insure each different vehicle segment. The average rates shown in the chart should give a better idea of which vehicles have the cheapest rates. The sections following the chart break out the cheapest insurance rates for individual models in each segment.

Minneapolis auto insurance rates by automotive segment

If you’re considering buying a different vehicle, it’s important to have a basic understanding of which categories of vehicles have cheaper car insurance rates in Minneapolis. For instance, some people wonder if midsize cars are cheaper to insure than midsize SUVs or which size of SUV has cheaper insurance.

The chart below displays the average car insurance cost in Minneapolis for each automotive segment. From an overall average perspective, small and midsize SUVs, vans and minivans, and midsize pickup trucks have the least expensive average auto insurance rates, while exotic models have the most expensive insurance rates.

Average rates for different segments are practical for comparing estimates, but insurance rates for specific models range considerably within each of the segments listed in the chart above.

For example, in the small car segment, average Minneapolis insurance rates range from the Toyota GR Corolla at $2,166 per year for a full coverage policy up to the Toyota Mirai at $3,102 per year. For another example, in the sports car segment, insurance rates range from the Mazda MX-5 Miata at $2,306 per year up to the Mercedes-Benz SL 63 costing $5,124 per year, a difference of $2,818 within that segment.

In these next sections, we eliminate a lot of this variability by looking at car insurance cost in Minneapolis on a model level.

Cheapest cars to insure in Minneapolis

Ranking at the top of the list for the most affordable Minneapolis auto insurance rates in the non-luxury sedan or hatchback segment are the Nissan Sentra, Subaru Impreza, Nissan Leaf, Honda Civic, and Toyota GR Corolla. Rates for these models average $191 or less per month.

Also ranking well are models like the Toyota Prius, Chevrolet Malibu, Toyota Corolla, and Honda Accord, with average annual insurance rates of $2,430 per year or less.

On a monthly basis, auto insurance in Minneapolis on this segment for an average middle-age driver will start around $181 per month, depending on the company. The next table ranks the cars with the lowest-cost insurance rates in Minneapolis.

For all vehicle comparisons, see our guides for compact car insurance, midsize car insurance, and full-size car insurance.

Don’t see insurance rates for your vehicle? No problem! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from top-rated companies in Minnesota.

Cheapest SUV insurance rates in Minneapolis

The three highest ranking SUVs with the most affordable average insurance rates in Minneapolis are the Subaru Crosstrek at $1,842 per year, the Chevrolet Trailblazer at $1,874 per year, and the Kia Soul at $1,946 per year.

Other models that rank well include the Buick Envision, Ford Bronco Sport, Hyundai Venue, and Mazda CX-5, with average rates of $2,042 per year or less.

From a monthly standpoint, full-coverage car insurance in Minneapolis on this segment starts at an average of $154 per month, depending on the company and where you live.

The comparison table below ranks the SUVs with the cheapest car insurance in Minneapolis, starting with the Subaru Crosstrek at $154 per month and ending with the Subaru Ascent at $181 per month.

See our guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance to view any vehicles not shown in the table.

Is your SUV missing from the table above? No sweat! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free car insurance quotes from top-rated auto insurance companies in Minnesota.

Cheapest luxury cars to insure in Minneapolis

The top-ranked vehicle in Minneapolis for cheapest insurance in the luxury car segment is the Acura Integra, with an average cost of $2,216 per year. Second place is the BMW 330i costing $2,538 per year, the third cheapest is the Mercedes-Benz CLA250, costing an average of $2,566 per year, and coming in fourth is the Lexus IS 300, at an average of $2,570 per year.

Also ranking in the top 10 are cars like the Lexus RC 300, Cadillac CT4, Genesis G70, and Mercedes-Benz AMG CLA35, with average cost of $2,620 per year or less.

Some additional 2024 luxury models on the list include the BMW 330e, Lexus ES 300h, Cadillac CT5, and Audi S3, which cost between $2,620 and $2,796 per year to insure.

From a monthly standpoint, auto insurance rates on this segment in Minneapolis for a middle-age safe driver starts at an average of $185 per month, depending on your location.

The cheapest small luxury car to insure in Minneapolis is the Acura Integra at $2,216 per year. For midsize 2024 models, the Mercedes-Benz CLA250 is cheapest to insure at $2,566 per year. And for large luxury cars, the Audi A5 has the cheapest car insurance rates at $2,964 per year.

The comparison table below ranks the twenty luxury cars with the lowest-cost average insurance rates in Minneapolis.

For more luxury car insurance comparisons, see our complete guide for luxury car insurance.

Don’t see your luxury car in the list? That’s no problem! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get cheap Minneapolis car insurance quotes from top-rated auto insurance companies in Minnesota.

Cheapest luxury SUVs to insure in Minneapolis

Ranking in the top five for the cheapest Minneapolis auto insurance rates in the luxury SUV segment are the Cadillac XT4, Cadillac XT5, Acura RDX, Jaguar E-Pace, and Lexus NX 250. Rates for these 2024 models average $2,352 or less per year.

Additional luxury SUVs that have cheaper rates include the Mercedes-Benz GLB 250, Lexus NX 450h, Lexus NX 350h, and Lincoln Corsair, with average insurance cost of $2,406 per year or less.

Additional luxury SUVs that rank well include the Infiniti QX60, Lexus RX 350, Infiniti QX50, and Lexus NX 350, which cost between $2,406 and $2,502 per year for insurance.

Full-coverage insurance in Minneapolis for this segment starts at around $174 per month, depending on where you live. The comparison table below ranks the twenty SUVs with the cheapest car insurance rates in Minneapolis, starting with the Acura RDX at $2,086 per year ($174 per month) and ending with the Lexus RX 350 at $2,502 per year ($209 per month).

See our comprehensive guide for luxury SUV insurance to view data for vehicles not featured in the table.

Is your luxury SUV missing from the table above? No sweat! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free car insurance quotes from the best auto insurance companies in Minnesota.

Cheapest pickup trucks to insure in Minneapolis

Ranking highest for the most affordable Minneapolis car insurance rates in the pickup truck segment are the Chevrolet Colorado, Ford Ranger, Ford Maverick, Nissan Titan, and Nissan Frontier. Rates for these vehicles average $2,416 or less per year, or around $201 per month.

Also ranking in the top 10 are models like the Hyundai Santa Cruz, Toyota Tacoma, GMC Sierra 2500 HD, and GMC Canyon, with average cost of $2,566 per year or less.

Auto insurance rates in this segment for a safe driver starts at an average of $183 per month, depending on your location. The comparison table below ranks the twenty pickups with the most affordable average auto insurance rates in Minneapolis.

For more pickup insurance comparisons, see our guides for midsize pickup insurance and large pickup insurance.

Don’t see insurance rates for your pickup? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get cheap Minneapolis car insurance quotes from top-rated auto insurance companies in Minnesota.

Cheapest sports car insurance rates in Minneapolis

The top-ranked vehicle in Minneapolis for cheapest average insurance rates in the sports car segment is the Mazda MX-5 Miata, costing $2,306 per year. Second place is the Toyota GR86 costing $2,628 per year, and third place goes to the Ford Mustang, at an average of $2,740 per year.

Other models that rank well in our comparison include the Nissan Z, Toyota GR Supra, Subaru BRZ, and Lexus RC F, with average cost of $2,982 per year or less.

Auto insurance in Minneapolis for this segment for an average middle-age driver starts at an average of $192 per month, depending on your company and location. The comparison table below ranks the twenty sports cars with the lowest-cost car insurance in Minneapolis, starting with the Mazda MX-5 Miata at $2,306 per year ($192 per month) and ending with the Porsche Taycan at $4,224 per year ($352 per month).

Don’t see your sports car? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from the best companies in Minnesota.

How to save on car insurance in Minneapolis

Drivers are often looking to reduce their monthly insurance expenses, so glance through the money-saving tips in this next list and maybe you’ll be able to save some money insuring your vehicle.

• Choose vehicles that have cheaper car insurance. The make and model of vehicle you drive has a big impact on the price you pay for insurance. As an example, a Kia Telluride costs $1,974 less per year to insure in Minneapolis than a BMW i8. Lower performance vehicles cost less to insure.
• Qualify for discounts to save money. Discounts may be available if the policyholders are senior citizens, are loyal customers, are claim-free, insure multiple vehicles on the same policy, or many other discounts which could save the average Minneapolis driver as much as $422 per year.
• Obey the law and pay less. In order to have the cheapest car insurance in Minneapolis, it’s necessary to not be aggressive behind the wheel. In fact, just a few minor infractions on your driving record have the consequences of raising rates by as much as $662 per year. Major misdemeanor violations such as DUI or reckless driving could raise rates by an additional $2,316 or more.
• Careful drivers have lower Minneapolis car insurance rates. Too many at-fault accidents can cost more, possibly as much as $1,202 per year for a 30-year-old driver and even $608 per year for a 60-year-old driver. So drive safe and save!
• Compare insurance rates before buying a car. Different cars can have significantly different car insurance rates, and insurers can sell policies with widely varying rates. Get quotes before you buy a new car in order to avoid any surprises when you get the bill.
• Car insurance is cheaper with higher deductibles. Jacking up your deductibles from $500 to $1,000 could save around $374 per year for a 40-year-old driver and $724 per year for a 20-year-old driver.