Minnesota Auto Insurance Policy Requirements

Q: What is in a basic Minnesota auto insurance policy?
A: When purchasing a basic auto insurance policy in Minnesota, you can choose from these principal types of auto insurance:

  1. Liability Coverage
    1. Property and people are addressed separately with auto insurance. For this reason, liability insurance is divided into two types:
      1. Bodily Injury Liability Coverage
      2. Property Damage Liability Coverage
    2. Liability coverage is required by the state of Minnesota. All drivers must have an insurance policy with at least the minimum of the state’s requirements of liability coverage:
      1. 30/60/10” (Minnesota’s minimum auto insurance requirement)
      2. $30,000 for injury/death of one person.
      3. $60,000 for injury/death of more than one person.
      4. $10,000 for damage of property.
    3. Liability minimums are different for vehicles that are on lease.
  2. Collision Coverage is a state requirement on your auto insurance policy only if your vehicle is still financed. If your vehicle is not financed, then collision coverage is not required for a Minnesota auto insurance policy.
  3. Comprehensive Coverage is also a state requirement on your auto insurance policy only if you are still paying for your vehicle. Otherwise, comprehensive is an optional part of a Minnesota auto insurance policy.
  4. Medical Payments Coverage can be helpful in the case of an accident, but it is noncompulsory for a Minnesota auto insurance policy.
  5. Uninsured (and Underinsured) Motorist Coverage a compulsory part of an automobile insurance policy in Minnesota.
  6. Personal Injury Protection (PIP) Coverage is a necessary addition to your Minnesota auto insurance policy.
  7. Other Options
    1. Towing Coverage
    2. Rental Coverage
    3. Loan/Lease Gap Coverage
Q: Is Minnesota a No-Fault state?
A: Yes, Minnesota uses a no-fault system.

Q: How can I get a discount on a Minnesota auto insurance policy?
A: You may be eligible for discounts on auto insurance in Minnesota. To see if you can save money on auto insurance policies, look over our list of auto insurance discounts.

Q: Where can I find more information about Minnesota auto insurance?
A: There are several reliable sources of information to help you choose the coverage for your auto insurance policy:
  1. Minnesota Insurance Resources
    1. The Minnesota Driver and Vehicle Services (DVS) registers vehicles in Minnesota, manages records of accidents, and issues driver’s licenses.
    2. The Minnesota Department of Commerce manages the regulation of the insurance market, and their website includes an automobile insurance page that further explains state requirements.
  2. National Insurance Resources

CLICKinsure gladly delivers brokerage services to Minnesota, the “Land of the 10,000 Lakes”, rated one of the healthiest and most highly educated states. Whether you live in the heart of the Twin Cities or out on the prairies of Greater Minnesota, CLICKinsure, as your broker, can provide you with the best auto insurance. Anywhere in the state – from the headwaters of the Mississippi at Lake Itasca to the shores of the crystal clear Lake Superior – CLICKinsure can find you the best rates of premiums and deductibles for your insurance needs. We serve the cities of Minneapolis, Saint Paul, Rochester, Duluth, Bloomington, Plymouth, St. Cloud, and beyond.