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Get Cheap Car Insurance in Golden Valley, MN
We monitor insurance prices, helping the average driver in Golden Valley save up to 30.5% on car insurance.
The Cheapest Minimum Coverage in Golden Valley
The chart below shows the cheapest car insurance company in Golden Valley 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.
| Golden Valley Insurer | Monthly Cost |
|---|---|
| State Farm | $54 |
| Auto-Owners Insurance | $60 |
| Kemper | $63 |
| American Family Insurance | $63 |
Savings for Every Kind of Golden Valley Driver
Based on our extensive insurance data, we know the average Golden Valley 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 $457 per year by choosing the right vehicle insurance company. Some Golden Valley residents are paying out over $1,698 extra every year for auto insurance in Golden Valley. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Golden Valley, MN Savings / Yr. |
|---|---|
$457 |
|
$575 |
|
$370 |
|
$752 |
|
$1,289 |
|
$382 |
|
$1,004 |
Golden Valley Car Insurance vs. Minnesota
People living in Golden Valley pay an average of 5.76% more than the typical driver in the state. The average driver in Golden Valley can expect to pay about $879 per year, or $1,698 for full coverage.
Based on our analysis, Farm Bureau will be the cheapest provider in Golden Valley for most people.
Car Insurance Prices by Golden Valley Neighborhood
Insurance Prices
Where is insurance cheapest within Golden Valley?
The map shows insurance prices in and around Golden Valley, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $190 per year within the city boundaries, with insurance premiums ranging from a high of $1,811 to a low of $1,621. Insurance prices tend to be higher for those living in the North area, and lower for those with homes in the Southwest parts of Golden Valley.Pick the Best Car Insurance Company for You in Golden Valley
The best car insurance provider for most drivers in Golden Valley
For drivers with clean driving records and no major strikes, Farm Bureau is the best option, with annual savings of $457 over the average Golden Valley car insurance company.
The best car insurance provider for Golden Valley drivers with accidents on their records
In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $575 over the competition.
The best car insurance company for Golden Valley drivers with speeding tickets
>Nationwide gave the average person with a speeding ticket the most savings, averaging $370 better than other car insurance companies.
The best auto insurance for Golden Valley drivers with a DUI conviction
Getting a quote from State Farm may cost the average person with a DUI about $752 less each year.
The least expensive car insurance company for new and young drivers in Golden Valley
In Golden Valley, State Farm costs young drivers $1,289 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Golden Valley
State Farm gave the largest car insurance discounts to married couples, averaging $382 saved each year compared to an average Golden Valley couple's premiums.
The cheapest car insurance in Golden Valley for drivers with bad credit
The best Golden Valley car insurance company for customer service
Nationwide was the best company for customer service in Golden Valley according to the NAIC.
Recent price drops
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The cheapest large national provider in Golden Valley
For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Golden Valley driver can expect to pay about $116 per month.
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 Golden Valley, 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.Auto Insurance Prices in and Around Golden Valley
What Influences the Cost of Car Insurance in Golden Valley?
On average, car insurance in Golden Valley 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 city are influenced by the following factors:
- Minnesota state insurance regulations may require higher prices.
- An average of 19 to 20 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Golden Valley are among the lowest in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are very high, with a Vehicle Theft Crime Grade of D according to CrimeGrade.org.
- Golden Valley is one of the least populated areas in the state. The city’s density could result in a price decrease for drivers.
As a result of these and other factors, the average cost of car insurance in Golden Valley is $73 per month for minimum coverage and $142 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 Cities
- Robbinsdale: Insurance costs 5.48% more
- Medicine Lake: Insurance costs 2.30% less
- Crystal: Insurance costs 3.65% more
- St. Louis Park: Insurance costs 1.41% more
- New Hope: Insurance costs 6.07% more
- Minneapolis: Insurance costs 27.39% less
- Hopkins: Insurance costs 1.12% more
- Plymouth: Insurance costs 1.53% less
- Brooklyn Center: Insurance costs 13.55% more
- Minnetonka: Insurance costs 2.89% less
Cities with Similar Populations
- DeBary: Insurance costs 47.11% more
- The Crossings: Insurance costs 86.40% more
- Tavares: Insurance costs 45.23% more
- Talladega: Insurance costs 4.12% less
- Summit: Insurance costs 12.72% more
- Stoneham: Insurance costs 2.47% less
- Stanwood: Insurance costs 13.90% less
- Essex: Insurance costs 28.21% less
- Ellijay: Insurance costs 1.06% more
- Eden: Insurance costs 26.91% less