What Insurance is Cheapest for Police Officers in Minneapolis?

The make and model of vehicle requiring insurance is a significant factor when shopping around for economical car insurance for police officers. Vehicles with limited speed and performance, good safety features, or low incidents of liability claims will cost substantially less to insure than fast, unsafe models. The next table ranks car insurance prices for the cheapest vehicles to insure.

Cheapest Vehicles to Insure in Minneapolis, MN
Vehicle Estimated Cost for Full Coverage
Toyota Prius $1,612
Honda CR-V LX 4WD $1,667
Dodge Grand Caravan Hero $1,719
Toyota RAV4 Sport 4WD $1,729
Chevrolet Silverado LS Regular Cab 2WD $1,721
Honda Accord LX 4-Dr Sedan $1,784
Ford Escape XLT 4WD $1,825
Ford F-150 XLT Regular Cab 2WD $1,831
Ford Fusion SEL 4-Dr Sedan $1,839
Jeep Grand Cherokee Limited 2WD $1,848
Volkswagen Jetta SEL 4-Dr Sedan $1,839
Kia Optima LX $1,845
Nissan Rogue S 2WD $1,851
GMC Sierra 2500HD SLT Crew Cab 4WD $1,929
Ford Focus SES 2-Dr Coupe $1,932
Ford Edge SEL AWD $1,935
Ford Explorer XLT AWD $1,995
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Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Minnesota minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Table data does not factor in vehicle location which can decrease or increase coverage rates considerably.

Based on these rates, makes and models like the Toyota Prius, Honda CR-V, Dodge Grand Caravan, and Toyota RAV4 are likely to be a few of the most budget-friendly vehicles to insure for law enforcement personnel.

Finding out which company offers the lowest-priced car insurance rates for police officers will require more work than just comparing rates from one or two companies. Every insurance company has their own formula to set their prices, so let’s take a look at the car insurance companies that tend to be cheaper in Minnesota.

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Minnesota auto insurance company rankings
Rank Company Cost Per Year
1 Travelers $667
2 USAA $807
3 Farm Bureau Mutual $813
4 Western National $937
5 West Bend Mutual $952
6 The Hartford $954
7 Allied $1,162
8 State Farm $1,213
9 California Casualty $1,214
10 American Family $1,230
11 General Casualty $1,274
12 Auto-Owners $1,321
13 Farmers $1,365
14 Nationwide $1,378
15 Auto Club Group $1,380
16 Progressive $1,420
17 North Star $1,432
18 Allstate $1,467
19 Country $1,470
20 MetLife $1,549
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Travelers generally has some of the cheapest car insurance rates in Minneapolis at around $667 a year. USAA, Farm Bureau Mutual, Western National, and West Bend Mutual are also some of the cheapest Minneapolis, MN insurance companies.

In the rate table above, if you are insured with Farm Bureau Mutual and switched to Travelers, you might achieve yearly savings of upwards of $146. Drivers with Western National may save as much as $270 a year, and West Bend Mutual customers might lower prices by up to $285 a year.

If you want to see how much you could save, click here to start a quote or quote prices from the following companies.

Be aware that those estimates are averages across all drivers and vehicles in Minnesota and and are not calculated with an exact location for police officers. So the car insurance company that can offer you the best price may not even be in the list above. That is why you need to get rate quotes from many companies using your own personal information and vehicle type.

One of the many components that determine the price you pay for insurance is the neighborhood you call home in Minneapolis. More populated areas will most likely pay more, whereas areas with less congestion profit from lower rates.

The illustration below sorts the most costly cities in Minnesota for police officers to purchase auto insurance in. Minneapolis comes in at #2 with an annual cost of $2,018 for the average insured, which is around $168 monthly.

How much is car insurance in Minneapolis?
Rank City Average Per Year
1 Maplewood $2,045
2 Minneapolis $2,018
3 Saint Paul $1,988
4 Brooklyn Park $1,816
5 Richfield $1,814
6 Coon Rapids $1,809
7 Blaine $1,801
8 Edina $1,759
9 Bloomington $1,756
10 Woodbury $1,748
11 Duluth $1,741
12 Eagan $1,729
13 Minnetonka $1,723
14 Eden Prairie $1,723
15 Lakeville $1,717
16 Saint Louis Park $1,702
17 Shakopee $1,693
18 Maple Grove $1,690
19 Plymouth $1,680
20 Burnsville $1,658
21 Saint Cloud $1,652
22 Rochester $1,639
23 Apple Valley $1,631
24 Moorhead $1,550
25 Mankato $1,474
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Information shown are estimated as the specific garaging location can change rates considerably.

Best car insurance company in Minnesota

Picking a high-quality auto insurance provider can be rather challenging considering how many different companies sell coverage in Minnesota. The company rank data in the lists below may help you pick which auto insurance companies to look at comparing price quotes from. The ratings below include companies who write in the majority of U.S. states, so smaller companies that only insure vehicles in Minnesota are not factored into the list.

Top 10 Major Auto Insurers in Minneapolis Ranked by Value

  1. USAA
  2. GEICO
  3. AAA Insurance
  4. Liberty Mutual
  5. State Farm
  6. Allstate
  7. Safeco Insurance
  8. Travelers
  9. 21st Century
  10. Nationwide

Top 10 Major Auto Insurers in Minneapolis Ranked by Claims Service

  1. Progressive
  2. Travelers
  3. Liberty Mutual
  4. Nationwide
  5. USAA
  6. AAA Insurance
  7. Safeco Insurance
  8. GEICO
  9. Esurance
  10. The General

The chart below shows how different deductible levels can change insurance costs when researching cheap insurance for police officers. The rate quotes are based on a single male driver, full physical damage coverage, and no policy discounts are applied.

A 30-year-old driver could pocket $396 a year by changing from a $100 deductible up to a $500 deductible, or save $596 by choosing a $1,000 deductible. Young drivers, like the Age 20 chart data, could potentially save up to $1,176 or more by choosing larger deductibles on their policy.

When raising deductibles, it’s a good idea to have additional funds squirreled away to enable you to pay the extra out-of-pocket expense, which is the main drawback of higher deductibles.

Does full coverage make sense?

Saving on car insurance is probably important to the majority of drivers, and one of the easiest ways to save on the cost of insurance for police officers is to only pay for liability coverage. The diagram below illustrates the comparison of insurance premiums when comparing full coverage to liability only. The prices are based on no violations or accidents, $250 deductibles, single marital status, and no additional discounts are factored in.

As an overall average, full coverage costs $1,670 per year over having just liability coverage. Many drivers will wonder if it’s worth it to buy full coverage. There is no definitive rule to delete physical damage insurance, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, then it might be time to consider dropping full coverage.

There are a few cases where eliminating full coverage is not advised. If you still owe a portion of the original loan, you are required to maintain full coverage to protect the lienholder’s interest. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

Why are you paying too much for Minneapolis car insurance?

Minneapolis, MN car insurance rates are based on many factors that will increase or decrease your annual premium. Improving your credit score, buying a new vehicle, or getting a DUI may cause policy rate changes resulting in some rates now being cheaper in comparison to the competition. Not only may your risk profile change, but car insurance companies modify pricing every year in order to remain profitable. Higher than usual claims may cause higher rates, while a better loss history can produce cheaper Minneapolis car insurance rates.

As an example, the data below shows the cheapest car insurance in Minneapolis, MN for a 45-year-old male driver with no accidents, a clean driving record, and a good credit rating. When comparing rates based on his current rating profile, Travelers quotes the most affordable car insurance rates in Minneapolis at $877 a year. This is $544 less than the average price paid by Minnesota drivers of $1,421. USAA, Farm Bureau Mutual, Western National, and The Hartford are also included in the best Minneapolis, MN auto insurance companies.

Now we will give the driver from above some claims, bad credit, and a couple of points charged on his driving record. Because every insurance company has their own process for establishing rates, analyzing rates may result in a new list of cheap Minneapolis auto insurance companies as shown below.

USAA now has the best price in Minneapolis with Allied, Farm Bureau Mutual, General Casualty, and The Hartford also having competitive pricing. This demonstrates why it is important to spend some time comparing rates when trying to get cheap insurance rates for police officers.

Prices are determined by many different factors and change substantially, so the best price six months ago may now be one of the higher cost companies.