MoneyGeek’s Minnesota Car Insurance Calculator gives drivers an estimate of what their premiums might look like depending on a few basic details; such as adding a teenage driver, credit score and age.

Comprehensive and collision policies offer more protection than liability-only policies do, such as covering medical bills and vehicle damage that would otherwise fall on only one driver involved in an accident. Furthermore, Minnesota auto policies include uninsured/underinsured motorist coverage to safeguard drivers in cases when another party causes an accident but has inadequate car coverage. This coverage protects them in such instances where another driver was responsible but didn’t carry enough coverage themselves.

Your vehicle type also plays an integral part in your Minnesota car insurance rates. In general, newer cars tend to cost more than older ones due to higher parts and labor costs for repair/replacement as well as increased risks of theft.

Insurance companies take many factors into consideration when calculating premiums, including your driving history, credit scores and marital status. They may also consider your location which can impact things such as crime and weather statistics. The key to finding affordable car insurance in Minnesota is shopping around and comparing quotes – you can do this by visiting local insurers as well as national brands like Allstate and Geico. You should also explore bundling both car and homeowner policies together to save on premium costs.

Your Minnesota auto insurance rates could increase if you’ve been involved in any at-fault accidents or violations, including speeding tickets, DUIs or any other infractions resulting in speeding tickets or DUI charges; such incidents could even result in cancellation of your policy or even being banned altogether from driving.

Although you have had issues in the past with car insurance rates in Minnesota, there are ways you can still reduce them today. Most high-risk drivers can find an appropriate policy by shopping around and comparing quotes. Furthermore, there are various discounts such as good student, safe driver and low mileage discounts available which may help to decrease premium costs significantly.

Minnesota drivers pay less than those in North Dakota and South Dakota, who each average $1,276, for auto insurance premiums on average. This is likely because Minnesota is considered a “no-fault” state where injured parties are compensated regardless of who caused an accident – although most opt for standard 30/60/10 liability coverage policies to protect themselves financially if an incident should arise.