Minnesota drivers pay around $2,585 a year for full coverage — a touch below the national average. The state runs on no-fault rules that require PIP and uninsured/underinsured motorist coverage on top of a 30/60/10 liability minimum. Here's the coverage you must carry, what Minnesotans pay, and how to find a cheaper rate.
Minnesota follows no-fault rules with a robust $40,000 PIP requirement and mandatory uninsured/underinsured motorist coverage, making its minimum policy more protective than most. Full coverage averages roughly $2,585 a year, a touch below the national average, with hail and winter-weather claims as the main drivers of comprehensive cost. Credit history is a permitted rating factor.
The coverages below are the minimum a driver must legally carry in Minnesota. Source: Bankrate minimum-coverage requirements and state insurance department filings.
| Coverage | Minimum limit | Notes |
|---|---|---|
| Bodily injury liability | $30k / $60k | Per injured person / per crash |
| Property damage liability | $10k | Mandatory |
| Personal injury protection | $40,000 | Mandatory — Minnesota is a no-fault state |
| Uninsured / underinsured motorist | $25k / $50k | Compulsory in Minnesota |
Independent market estimates based on Bankrate's 2026 rate data and NAIC filings, shown against the U.S. average. Actual rates vary by ZIP, carrier, and individual profile.
| Coverage level | Est. annual premium | vs. U.S. avg. | Notes |
|---|---|---|---|
| Full coverage | $2,585/yr | 4% below U.S. | Comprehensive and collision included |
| Minimum coverage | $720/yr | 14% below U.S. | Bundles PIP + UM/UIM |
Estimates apply national rate-increase multipliers to Minnesota's full-coverage average. Approximate (“~”) figures multiply the state average by a national factor and will vary by carrier.
| Driver profile | Est. annual premium | vs. state avg. | Notes |
|---|---|---|---|
| Clean record, 30–45 | ~$2,585/yr | Baseline | Statewide full-coverage average |
| One at-fault accident | ~$3,697/yr | +43% | 2,585 × 1.43 per Bankrate |
| Speeding ticket | ~$3,205/yr | +24% | 2,585 × 1.24 per Bankrate |
| DUI on record | ~$4,860/yr | +88% | 2,585 × 1.88 per Bankrate |
| Young driver (18–24) | ~$5,170/yr | ≈2× | About double per Bankrate |
| Poor credit score | ~$4,395/yr | +70% | 2,585 × 1.70 per Bankrate |
ⓘ Source: Bankrate 2026 rate data and NAIC filings. Figures are independent estimates, not quotes. Verify pricing with a licensed agent or carrier.
Minnesota's no-fault system with high PIP and required UM/UIM means even a minimum policy delivers real medical and uninsured-driver protection. Weather risk makes comprehensive coverage worthwhile. With credit and location still driving differences between carriers, comparison shopping is the most reliable way to find value near Minnesota's around-average pricing.
Minnesota is an around-average-cost, no-fault state with strong protection built into the minimum. Weighing carriers and keeping your credit healthy is the best way to secure a competitive Minnesota rate.
Disclaimer: RateWire is an independent lead generation and comparison service. Rate figures for Minnesota are independent market estimates compiled from publicly available Bankrate, NAIC, and state regulatory data — not quotes. Coverage requirements summarized here are for general information only and may change; always confirm current minimums with the Minnesota insurance department. By submitting your ZIP code, you may be connected with licensed insurance agents or carriers who will provide actual quotes based on your individual profile. Always verify coverage terms and pricing directly with a licensed agent before purchasing.