Minnesota Car Insurance – Auto Insurance Quotes in MN
Minnesota has many distinguished characteristics, from its scenery to its large urban cities, and on to its specific car insurance laws and regulations. With this in mind, not all of the residents who drive the state’s many roads understand all there is to know about Minnesota’s signature car insurance specifications.
MyCarInsuranceRates.com provides Minnesota drivers with the opportunity to search and compare the lowest car insurance rates from the best auto insurance companies in the country. We ensure that with the knowledge laid out below, it is possible to get the cheapest auto insurance rates in the state with the maximum coverage for your needs.
Minnesota Car Insurance Requirements
In a no-fault insurance system like the one followed by Minnesota, it is just as the name suggests: in an accident, neither party is technically at fault. Their car insurance companies pay no attention to the specific cause of the accident, and will cover any claims regardless. However, no-fault states typically have a number of auto insurance requirements, and Minnesota is no different. In addition to the standard liability requirements, residents need to have uninsured/underinsured motorist protection as well as PIP, or personal injury protection.
Understanding Minnesota Car Insurance Liabilities & Coverage
The mandatory insurance policy minimums employed by the state of Minnesota are known as 30/60/10, along with a 25/50 UM plan. For liability coverage, the plan requires a $30,000 minimum for each injured person, a $60,000 mandatory minimum per accident, and for private or public property damages, a limit of $10,000 in coverage is required.
With the uninsured/underinsured motorist plan, $25,000 is the minimum that covers each individual uninsured motorist, while $50,000 covers the accident total. In terms of the personal injury protection plan, drivers must have at least $40,000 worth of coverage.
Minnesota Insurance Coverage
- Bodily Injury Liability: $30,000/$60,000 Limit
- Property Damage Liability: $10,000 Limit
- Uninsured/Underinsured Motorist Bodily Injury: $25,000/$50,000 Limit
- Personal Injury Protection (PIP): $40,000 Limit
No one has to spend a lot of time and energy searching for the lowest auto insurance quotes when MyCarInsuranceRates.com can give you a number of online quotes from top car insurance providers. Just enter your zip code to begin a quick, free car insurance quote online.
Minnesota Car Insurance Laws & Regulations
In general, no-fault states crack down on drivers who do not have auto insurance, and Minnesota follows through with that. The state classifies a first offense as a misdemeanor and any further offenses, within 10 years of one another, are defined as gross misdemeanors. Fines for drivers who fail to have auto insurance range between $200 and $1,000. Drivers who fail to show proof can also serve up to 90 days in jail. A driver’s license can be suspended or even revoked as well.
Average Minnesota Car Insurance Rates
Annually speaking, the yearly 2010 car insurance rate in Minnesota was $1,516, quite close to the national average of $1,538. All the same, drivers in Minnesota can save on their auto insurance rates simply by letting MyCarInsuranceRates.com show them which policies will best fit their needs, while providing the best, affordable car insurance quotes in the market. Enter your zip code and save on your car insurance without losing coverage.
Minnesota Car Insurance Quotes
There is no question that looking for affordable car insurance rates is not an easy task. Searching among different companies can take time, and it can be difficult to find lower rates on the policy you need. However, insurance is cheaper than it was a few years ago, especially in Minnesota, where insurance rates saw a 14 percent decrease between 2009 and 2010.
If you have been paying the same price on your policy for years, you could potentially save hundreds of dollars from some of the best car insurance companies in the country, such as Nationwide, Allstate, GEICO, Progressive, 21st Century Insurance, Liberty Mutual, State Farm, Farmers Insurance, AAA, AARP, and Esurance.
With MyCarInsuranceRates.com, enter your zip code and allow us to help you compare car insurance quotes online to find cheaper rates for better coverage. Start a car insurance quote now to get cheap Minnesota car insurance.
