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Get Cheap Car Insurance in Downtown Minneapolis, St. Paul, MN

We monitor insurance prices, helping the average driver in Downtown Minneapolis save up to 30.5% on car insurance.

 

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The Cheapest Minimum Coverage in Downtown Minneapolis

The chart below shows the cheapest car insurance company in Downtown Minneapolis for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through State Farm, followed by Auto-Owners Insurance, Kemper, and American Family Insurance.

 
Downtown Minneapolis Insurer Monthly Cost
State Farm $60
Auto-Owners Insurance $66
Kemper $70
American Family Insurance $70

Savings for Every Kind of Downtown Minneapolis Driver

The table shows how much the average auto insurance customer in Downtown Minneapolis might save by following our recommendations.

Based on our extensive insurance data, we know the average Downtown Minneapolis driver will save about 27% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $506 per year by choosing the right vehicle insurance company. Some Downtown Minneapolis residents are paying out over $1,881 extra every year for auto insurance in Downtown Minneapolis. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
Downtown Minneapolis, St. Paul, MN Savings / Yr.
Drivers with good records
$506
Drivers with accidents
$637
Drivers with speeding tickets
$410
Drivers with a DUI conviction
$833
Young drivers
$1,428
Married drivers
$423
Drivers with bad credit
$1,112

Downtown Minneapolis Car Insurance vs. St. Paul

People living in Downtown Minneapolis pay an average of 17.14% more than the typical driver in the state. The average driver in Downtown Minneapolis can expect to pay about $973 per year, or $1,881 for full coverage.

Based on our analysis, Farm Bureau will be the cheapest provider in Downtown Minneapolis for most people.

Car Insurance Prices by Downtown Minneapolis Neighborhood

Downtown Minneapolis, St. Paul, MN map of insurance costs by zip code and neighborhood

Insurance Prices

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Average
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Where is insurance cheapest within Downtown Minneapolis?

The map shows insurance prices in and around Downtown Minneapolis, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $431 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $2,157 to a low of $1,726. Insurance prices tend to be higher for those living in the Northwest area, and lower for those with homes in the Northeast parts of Downtown Minneapolis.

Pick the Best Car Insurance Company for You in Downtown Minneapolis

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Downtown Minneapolis insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Downtown Minneapolis

For drivers with clean driving records and no major strikes, Farm Bureau is the best option, with annual savings of $506 over the average Downtown Minneapolis car insurance company.

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We use the average good driver, paying $115 per month, as our baseline for pricing in Downtown Minneapolis. State Farm, Travelers, and Farm Bureau are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Downtown Minneapolis drivers with accidents on their records

In Downtown Minneapolis getting into an accident will raise premiums an average 32% for a yearly cost of $2,767. That's $886 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, State Farm, Progressive, and Nationwide are good choices for drivers with accidents.

In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $637 over the competition.

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The best car insurance company for Downtown Minneapolis drivers with speeding tickets

>Nationwide gave the average person with a speeding ticket the most savings, averaging $410 better than other car insurance companies.

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Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Downtown Minneapolis, tickets raise premiums on new quotes about $390. If you have a speeding ticket, we recommend State Farm, Progressive, and Nationwide for savings that beat the average insurance cost of $2,271 per year.

The best auto insurance for Downtown Minneapolis drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $3,239 per year in auto insurance premiums, which was $1,358 more than a driver with no major issues. State Farm, Nationwide, and American Family Insurance penalized their customers the least for a DUI.

Getting a quote from State Farm may cost the average person with a DUI about $833 less each year.

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The least expensive car insurance company for new and young drivers in Downtown Minneapolis

In Downtown Minneapolis, State Farm costs young drivers $1,428 less each year versus the average auto insurance bill.

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Teen drivers account for more than their share of accidents, and thus end up paying about 62% more for insurance than more mature drivers in Downtown Minneapolis. With an average cost of $4,917 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Travelers, and Auto-Owners Insurance try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Downtown Minneapolis

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $152. State Farm, Auto-Owners Insurance, and American Family Insurance provided the largest discounts to couples living in Downtown Minneapolis.

State Farm gave the largest car insurance discounts to married couples, averaging $423 saved each year compared to an average Downtown Minneapolis couple's premiums.

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The cheapest car insurance in Downtown Minneapolis for drivers with bad credit

People with poor credit saved an average of $1,112 with Nationwide.

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Many people are surprised that their poor credit score can cost them an average of $1,759 every year. Premiums for people with poor credit were about $3,641 in Downtown Minneapolis. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from State Farm, Geico, and Nationwide.

The best Downtown Minneapolis car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Downtown Minneapolis, the National Association of Insurance Commissioners (NAIC) ranks Nationwide as the best. Another valuable metric: JD Power ranks Farmers Insurance as the best provider in Downtown Minneapolis.

Nationwide was the best company for customer service in Downtown Minneapolis according to the NAIC.

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Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Downtown Minneapolis, which was better than other insurers.

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During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Downtown Minneapolis. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Downtown Minneapolis

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 73% of Downtown Minneapolis residents who are renting, and don't plan to be in the neighborhood or city for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, State Farm tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Downtown Minneapolis driver can expect to pay about $116 per month.

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What About USAA?

JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Downtown Minneapolis, USAA has the best prices for young drivers, drivers with accidents, married couples, good drivers, drivers with speeding tickets, drivers with a DUI conviction, and drivers with bad credit.
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Auto Insurance Prices in and Around Downtown Minneapolis

What Influences the Cost of Car Insurance in Downtown Minneapolis?

On average, car insurance in Downtown Minneapolis is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the neighborhood are influenced by the following factors:

  • The average commute time in Downtown Minneapolis is 26 minutes, which is a little less than average for a driver in the city.
  • Minnesota state insurance regulations may require higher prices.
  • An average of 0 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Downtown Minneapolis are lower than average in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are high, with a Vehicle Theft Crime Grade of D according to CrimeGrade.org.
  • Downtown Minneapolis has an average population density in the state. The neighborhood’s density could result in a price increase for drivers.

As a result of these and other factors, the average cost of car insurance in Downtown Minneapolis is $81 per month for minimum coverage and $157 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.

Car Insurance in Nearby Neighborhoods

Neighborhoods with Similar Populations

* Who is the average Downtown Minneapolis driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Downtown Minneapolis with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.