Auto Insurance

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Car wrecks alone cost Minnesota an estimated $1.8 billion in economic loss in 2018. However, the right car insurance can help any resident driver minimize the personal impact of wrecks and other hazards.  

More than 5.1 million vehicles are registered in Minnesota, and every one of them requires a unique auto policy. Come to Focal Point Insurance to find coverage that’s explicitly tailored to your vehicle’s value and liability risks. Our dedicated, professional staff will help you choose a top of the line, affordable policy that will always provide far-reaching protection. 

How does car insurance work in Minnesota? 

No matter how carefully you try to drive, you can’t eliminate the risk of having a wreck. You can’t prevent other hazards—theft, vandalism, fires, severe weather—from causing a vehicle loss either. Still, if you have car insurance, then you have a resource to cover costs from these unexpected or hazards. You won’t have to worry about whether you have the money in savings to pay for damage. 

What is the minimum Minnesota auto insurance coverage? 

Every car has value, and every wreck costs money. For this reason, Minnesota requires drivers to have minimum levels of car insurance. These are: 

• Personal Injury Protection (PIP) Coverage: $40,000 per person, per accident 
• Bodily Injury Liability Coverage: $30,000 per person, $60,000 per accident 
• Property Damage Liability Coverage: $10,000 per accident 
• Uninsured/Underinsured Driver Coverage: $25,000 per person, $50,000 per accident 

You can increase these limits beyond the requirement, but you cannot carry less coverage. 

What is Minnesota PIP coverage? 

Also called no-fault insurance, PIP coverage will pay for your injury costs regardless of whether you or another driver cause a wreck. Each injured person in your car qualifies for up to $40,000 in coverage. 

However, even though you have no-fault coverage, fault still applies in accidents. So, if a wreck is your fault, then liability coverage can help you pay for the damage you do to other people or property. 

• Bodily Injury Liability Coverage: If a wreck is your fault, then this policy can compensate others who got hurt and who were not passengers in your car. The minimum coverage will pay up to $30,000 per injured person and up to $60,000 for all injuries. However, PIP coverage still pays first, so those who want to file against your policy must meet certain thresholds to do so. 
• Property Damage Liability Coverage: No-fault insurance does not apply to property damage of third parties. You must compensate others for vehicle or other property damage done to them. 
• Uninsured/Underinsured Coverage: You might qualify to file against another driver’s liability coverage. However, if that person does not have coverage, or if they don’t have enough, then uninsured/underinsured motorist coverage can help you pay your remaining medical costs. 

What other coverage can I buy? 

Besides your state-required coverage, car insurance can offer multiple optional benefits, such as: 

• Collision Insurance: Coverage pays for your own car’s damage when an accident is your fault. 
• Comprehensive Insurance: Damage to your car that is not related to collisions has coverage. Coverage can pay for damage from animal strikes, theft, vandalism, fires, weather and more. 
• Glass Insurance: Some policies cover glass breakage separately or with separate deductibles. 
• Roadside Assistance: Many insurers offer tow services, fuel delivery, tire repairs and other emergency services after wrecks or following simple breakdowns. 
• Rental Car Coverage: If you must rent a car following a wreck, your policy can help pay for the rental car. It can also continue to apply your liability coverage while you drive the rental. 

Please note, when insuring a new car, your lender might require you to buy at least comprehensive & collision insurance. 

How much car insurance do I need for an older car? 

As your car ages, its value will depreciate. Eventually, because the value has become negligible, you might be able to drop coverage like your collision or comprehensive damage protection. However, if you ever worry that you will struggle to pay for accident costs, then coverage can prove beneficial. You must always carry the minimum insurance required by the state and your lender, however. 

How much does car insurance cost in Minnesota? 

On average, car insurance in Minnesota costs drivers about $1,200 per year. However, various risk factors might influence your premium cost. These might include: 

• The types and limits of coverage you buy. 
• Your chosen deductibles and policy endorsements. 
• The value of your car.
• Where you live.
• How much you drive.
• Your credit rating.
• Your driving record and insurance history. 

There are many insurance companies out there. Your agent will first help you choose the coverage and terms that offer the best protection based on your insurability. They can then locate the insurer that offers that coverage most affordably.