Wouldn’t it be great if you could know instantly that one perfect company that has the most affordable coverage for 4×4 vehicles? Unfortunately, it’s not that simple as there are a whole slew of unknowns like your gender, how well you maintain your credit, the vehicle you are insuring, and the amount of liability insurance you need, that all help calculate your car insurance rates. The information below covers the types of situations that result in high rates and should give you a jump start in finding the best auto insurance in Minnesota.
For off-road vehicles, one of the more important factors that are used to help calculate the price you pay for insurance is where you keep your car in Minneapolis. Regions with larger populations or more claims are more likely to pay higher prices, whereas areas that tend to be more rural have the enjoyment of a little cheaper coverage.
The table below ranks the most costly cities in Minnesota for 4×4 vehicles in which to purchase auto insurance. Minneapolis is ranked #2 with an annual cost of $2,058 for the average policy, which is about $172 each month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Maplewood | $2,066 |
| 2 | Minneapolis | $2,058 |
| 3 | Saint Paul | $2,049 |
| 4 | Bloomington | $1,809 |
| 5 | Duluth | $1,794 |
| 6 | Edina | $1,777 |
| 7 | Saint Louis Park | $1,754 |
| 8 | Blaine | $1,748 |
| 9 | Woodbury | $1,748 |
| 10 | Brooklyn Park | $1,744 |
| 11 | Richfield | $1,742 |
| 12 | Coon Rapids | $1,739 |
| 13 | Maple Grove | $1,724 |
| 14 | Plymouth | $1,714 |
| 15 | Eagan | $1,712 |
| 16 | Shakopee | $1,710 |
| 17 | Burnsville | $1,709 |
| 18 | Saint Cloud | $1,702 |
| 19 | Apple Valley | $1,680 |
| 20 | Minnetonka | $1,655 |
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Information shown are comparative as the specific Minneapolis residence address can increase or decrease price quotes substantially.
The car, truck, or SUV on the policy is probably the most important factor when comparison shopping for the most affordable insurance for 4×4 vehicles. Vehicles with higher performance characteristics, poor safety features, or a history of substantial liability claims will cost substantially more to insure than safer, lower-performance models. The list below outlines insurance prices for the cheaper vehicles to insure in Minnesota.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape Limited 2WD | $1,458 |
| Honda CR-V EX 4WD | $1,463 |
| Hyundai Elantra GLS Touring Station Wagon | $1,632 |
| Honda Civic DX 4-Dr Sedan | $1,656 |
| Ford Edge Limited 2WD | $1,663 |
| Jeep Wrangler Sport 4WD 2-Dr | $1,691 |
| Nissan Altima 3.5 SR 4-Dr Sedan | $1,808 |
| Chevrolet Equinox LTZ AWD | $1,818 |
| Jeep Grand Cherokee Limited 4WD | $1,808 |
| Kia Optima LX | $1,811 |
| Ford F-150 XL Regular Cab 2WD | $1,816 |
| Chevrolet Impala LS | $1,895 |
| Nissan Rogue SL AWD | $1,897 |
| Honda Accord EX-L 4-Dr Sedan | $1,900 |
| Volkswagen Jetta 2.0T Station Wagon | $1,908 |
| Hyundai Sonata Limited 4-Dr Sedan | $1,930 |
| Toyota RAV4 Limited 2WD | $1,933 |
| Toyota Prius | $1,941 |
| Ford Explorer XLT 4WD | $1,962 |
| Chevrolet Malibu LT | $1,968 |
| Ford Focus S 4-Dr Sedan | $2,030 |
| Toyota Tacoma X-Runner 2WD | $2,033 |
| Honda Odyssey EX-L | $2,039 |
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Price data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Minnesota minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Table data does not factor in vehicle location which can influence rates significantly.
Based on these rates, we can assume that vehicles like the Ford Escape, Honda CR-V, Hyundai Elantra, and Honda Civic should be the most affordable vehicles to insure for off-road vehicles.
Impact of violations and accidents on rates
A great way to enjoy the best car insurance premiums for off-road vehicles is to be a safe driver and avoid getting tickets or having accidents. The example below highlights how traffic violations and at-fault collisions influence premium costs for each age group. The prices are based on a married female driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.
In the previous chart, the average cost of car insurance in Minnesota per year with no accidents or violations is $1,870. Factor in one speeding ticket and the average cost rises to $2,179, an increase of $309 each year. Then add one accident along with the one speeding ticket and the 12-month cost of car insurance for 4×4 vehicles jumps again to an average of $3,060. That’s an increase of $1,190, or $99 per month, just for a couple of infractions!
The illustration below shows how choosing a deductible can influence insurance rates when searching for cheap insurance for 4×4 vehicles. Data assumes a single female driver, full physical damage coverage, and no discounts are taken into consideration.
A 40-year-old driver could lower their policy premium by $350 a year by switching from a $100 deductible to a $500 deductible, or save $528 by using a $1,000 deductible. Young drivers, such as the Age 20 example, can save $894 or even more just by choosing higher deductibles when buying full coverage. If you do decide to increase your deductibles, it will be required to have plenty of money set aside to allow you to pay the extra out-of-pocket expense, which is the main drawback of higher deductibles.
Types of discounts on Minneapolis car insurance
Insurance companies that sell policies for 4×4 vehicles may also offer price discounts that could lower prices by 35% or more if you are eligible. A list of companies and the discounts they provide include:
- Farm Bureau offers discounts including renewal discount, multi-vehicle, good student, safe driver, youthful driver, and 55 and retired.
- Liberty Mutual has discounts for multi-policy, exclusive group savings, newly married, new graduate, multi-car, new vehicle discount, and teen driver discount.
- State Farm offers premium reductions for multiple autos, anti-theft, good driver, good student, and multiple policy.
- Auto-Owners Insurance policyholders can earn discounts including anti-theft, paperless, mature driver, safe driver, teen driver, and paid in full.
- GEICO discounts include air bags, driver training, anti-theft, membership and employees, good student, federal employee, and daytime running lights.
- SAFECO may have discounts that include anti-lock brakes, anti-theft, accident prevention training, bundle discounts, and teen safe driver.
The example below illustrates the comparison of premium costs with and without discounts being applied to the rates. The premium estimates are based on a female driver, no claims or driving violations, Minnesota state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with defensive driving course, anti-theft, safe-driver, claim-free, vehicle safety, and multiple policy discounts applied. When taking advantage of discounts, theaverage amount saved on car insurance for 4×4 vehicles is 28% or $642.