Cheapest Minneapolis car insurance prices
Drivers in the Twin Cities have one thing in common: they pay too much for car insurance!
A recent national study found that drivers overpay almost $900 a year on average because they don’t take the time to compare rates on a regular basis.
Shopping around for cheaper Minneapolis auto insurance is easy but most drivers underestimate the amount of money they can save by switching to the cheapest car insurance company. Prices change frequently based on each insurance company’s earnings or losses, so the company that may have been cheapest last year may have raised their rates and are now actually one of the more expensive carriers.
Auto insurance rates in Minneapolis are calculated based upon many different factors, and one of the primary components is the make and model of vehicle. The rate information below details price estimates for some of the best selling vehicles in Minneapolis.
| Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
|---|---|---|---|
| Chevrolet Malibu LTZ | $1,366 | $683 | $114 |
| Ford Fusion Sport AWD 4-Dr Sedan | $1,476 | $738 | $123 |
| Honda Civic LX-S 4-Dr Sedan | $1,294 | $647 | $108 |
| Kia Optima SX | $1,440 | $720 | $120 |
| Nissan Altima 2.5 S 2-Dr Coupe | $1,440 | $720 | $120 |
| Toyota Camry Hybrid | $1,440 | $720 | $120 |
| Toyota Corolla XLE | $1,330 | $665 | $111 |
| Volkswagen Jetta S 4-Dr Sedan | $1,258 | $629 | $105 |
| Get a Custom Quote for Your Car Go | |||
Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Minnesota minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Information does not factor in specific zip code location which can revise coverage rates greatly.
| Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
|---|---|---|---|
| Chevrolet Colorado LT Extended Cab 2WD | $1,222 | $611 | $102 |
| Chevrolet Silverado 3500HD LT Crew Cab 4WD | $1,618 | $809 | $135 |
| Chevrolet Silverado LT Crew Cab 4WD | $1,366 | $683 | $114 |
| Dodge Ram 2500 Crew Cab ST 2WD | $1,514 | $757 | $126 |
| Dodge Ram Crew Cab TRX 2WD | $1,368 | $684 | $114 |
| Ford F-150 Lariat Super Cab 4WD | $1,294 | $647 | $108 |
| Ford F-350 XLT Crew Cab 2WD | $1,438 | $719 | $120 |
| GMC Sierra SLT Extended Cab 2WD | $1,366 | $683 | $114 |
| Toyota Tacoma Double Cab 4WD | $1,258 | $629 | $105 |
| Toyota Tundra Regular Cab 4WD | $1,368 | $684 | $114 |
| Get a Custom Quote for Your Truck Go | |||
Table data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Minnesota minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Rates do not factor in specific location which can decrease or increase premium rates noticeably.
| Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
|---|---|---|---|
| Cadillac Escalade Luxury Edition 4WD | $1,690 | $845 | $141 |
| Chevrolet Traverse LTZ 2WD | $1,210 | $605 | $101 |
| Ford Escape XLS 2WD | $1,064 | $532 | $89 |
| Ford Expedition SSV 4WD | $1,210 | $605 | $101 |
| Ford Explorer Eddie Bauer 2WD | $1,184 | $592 | $99 |
| GMC Acadia SLE AWD | $1,258 | $629 | $105 |
| Honda CR-V EX-L 2WD | $1,100 | $550 | $92 |
| Honda Pilot Touring 4WD | $1,294 | $647 | $108 |
| Jeep Grand Cherokee SRT-8 4WD | $1,366 | $683 | $114 |
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $1,148 | $574 | $96 |
| Subaru Forester X AWD | $1,210 | $605 | $101 |
| Toyota 4Runner Sport 4WD | $1,210 | $605 | $101 |
| Toyota Highlander Hybrid Limited 4WD | $1,402 | $701 | $117 |
| Toyota RAV4 2WD | $1,258 | $629 | $105 |
| Volvo XC90 V8 AWD | $1,476 | $738 | $123 |
| Get a Custom Quote for Your SUV or Crossover Go | |||
Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Minnesota minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Estimates do not factor in zip code location which can change premiums greatly.
How to find cheaper Minneapolis car insurance rates
If you want to find the absolute lowest rates, then the best way to get affordable car insurance rates is to compare quotes once a year from companies in Minneapolis. You can shop around by following these guidelines.
- Gain an understanding of policy coverages and the things you can change to keep rates in check. Many things that are responsible for high rates like high-risk driving behaviors and a bad credit score can be eliminated by making lifestyle changes or driving safer.
- Compare prices from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like GEICO, State Farm, or Farmers Insurance, while agents who are independent can quote prices for a wide range of companies.
- Compare the new rate quotes to the premium of your current policy to see if you can save by switching companies. If you can save some money and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
A good piece of advice is to compare similar limits and deductibles on each quote and and to compare as many carriers as you can. This guarantees a level playing field and a complete price analysis.