Minnesota Car Insurance
Minnesota is known as the state with thousands of lakes, and it has over 10,000 of them to explore. The Mississippi rivers primary source is located in the state as well, Lake Itasca. In addition, it is the home of the Twin Cities and many cultural landmarks. In order to explore the many lakes in the state, the natural beauty in its borders, and meet its hospitable people, you will want to be able to drive. In the cities, there are many people who use bicycles, but to travel further distances, a vehicle is a great convenience.
Driving legally in the state of Minnesota means fulfilling the minimum requirements for car insurance in the state. Automobile insurance plans are an important way to protect yourself financially in case you are pulled over or in an accident. This financial protection will help keep your bank account safe, which is massively important.
Auto Insurance Requirements In Minnesota
Also important is knowing what the minimum requirements for car insurance are in Minnesota. Drivers average over 10,000 miles per year in the state, and driving in the Land of 10,000 Lakes can come with steep penalties for people who do not have car insurance and drive.
To meet the requirements of the state, drivers will need to have a minimum of $30,000 in bodily injury per person per accident, $60,000 of bodily injury for all persons per accident, $10,000 property damage liability coverage and uninsured and underinsured motorist bodily injury coverage as well. The minimum limits, or minimum amount required, for uninsured motorist bodily coverage is $25,000 per person per accident and $50,000 for all persons per accident.
Average Cost Of Coverage In Minnesota
The rates for car insurance in Minnesota are quite a bit lower than the national average. Each person’s individual quotes for car insurance can vary, however. Variables that are used to determine car insurance rates include the amount of coverage a person gets, the deductibles on the coverage that they get, their driving record, their age and marital status, and the location they are living in. Some cities and towns have lower average rates than others, due to auto insurance companies using statistics to determine risk for each area.
One of the best ways to save money on car insurance anywhere in the United States is to compare prices from a number of different auto insurance companies.
Cheapest Car Insurance Companies In Minnesota
The cheapest auto insurance companies in Minnesota include Farm Bureau Mutual, West Bend Mutual, Geico, and Western International, among others. These companies have averages that are below the state average in Minnesota. Due to there being many variables used to determine rates, individual car insurance quotes can vary drastically from one company to the next. This means that drivers should get quotes from multiple auto insurance providers in order to find the best rates for car insurance for their particular situation.
Cheapest Car Insurance In Minnesota By City
The prices that people pay for car insurance premiums are also affected by what city they live in. Some of the least expensive cities in the state to get car insurance in include Albany, Austin, Alexandria, Long Prairie, Morris, Perham, St. James, and Windom.
Most Expensive Car Insurance In Minnesota By City
Some of the more expensive places to get car insurance in Minnesota include Two Harbors, Minneapolis, Ely, Anoka, and St. Paul. Getting all of the discounts you can qualify for, including for safety features on your vehicle, having a good driving record, bundling insurance policies, and paying in full, can help people save a significant amount of money in cities like these where auto insurance premiums are higher on average.
Laws, Rules And Penalties In Minnesota
Penalties for driving without insurance in Minnesota can include fines of between $200 to $3,000 depending on the situation and the number of offenses. Also, a person’s driver’s license, registration, and plates can be suspended for up to one year, and community service and imprisonment are also possible punishments depending on circumstances. Also, drivers will need to pay a reinstatement fee and file for and carry an SR-22 certificate in some cases.
How To Save Money On Car Insurance In Minnesota
Saving money on auto insurance in Minnesota starts with comparing policies from multiple companies to find the best quote. When doing so, take advantage of all of the discounts you can qualify for and call a wide range of companies to get free quotes on car insurance. The tools on this website can help you identify the top car insurance providers in the state to help find the best prices for car insurance.
Also, drivers should focus on maintaining a good driving record in order to keep their rates low. Plus, making sure that you maintain your car insurance policy can help you save.