Average car insurance cost in Rochester, MN

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

Based on an analysis by Insure.com, the typical car insurance expense in Rochester, Minnesota is $1,710 annually. Furthermore, car insurance premiums in Rochester are $201 less than compared to the state average in Minnesota and $185 less than the national average.

Car insurance premiums differ widely depending on the location, city demographics, population density, average resident age, accident rates, and theft and vandalism.

This article looks at the most affordable car insurance companies in Rochester, the average car insurance rates by age and gender, and the costs in Rochester based on coverage limits.

Whether you’re a new or experienced driver, this article will guide you in finding the most affordable car insurance in Rochester. Keep reading to learn more.

Cheap car insurance companies in Rochester

Nationwide provides the best value for car insurance in Rochester with coverage limits of 100/300/100, costing $1,322 annually.

A close second is State Farm, which offers car insurance at $1,391 per year.

Read about the best car insurance companies.

Average car insurance cost in Rochester by coverage limits

The average car insurance rates in Rochester by coverage type are as follows:

• State minimum coverage: $457 per year (limits of 25/50/25)
• Liability-only coverage: $494 per year (limits of 50/100/50)
• Full coverage: $1,710 per year (limits of 100/300/100)
• Non-owners coverage: $297 per year

In many states, drivers are legally required to maintain state minimum coverage. However, these requirements vary by state. However, the state minimum coverage does not protect vehicles listed on your policy in an at-fault accident.

It’s advisable to choose full coverage to avoid the risk of inadequate coverage and out-of-pocket expenses. You can also choose non-owners coverage if you often borrow or rent vehicles and don’t own one yourself.

Average car insurance rates by gender in Rochester

The average car insurance per year for female drivers in Rochester, Minnesota, is $1,689.

Whereas the yearly average car insurance rate for male drivers is $1,730, which is $41 more than what female drivers pay.

According to the Insurance Information Institute, women are considered to be safer drivers than men, and statistics have proved this. They often enjoy lower auto insurance premiums due to their lower incidence of severe accidents compared to men.

Read more on how gender affects car insurance rates.

Average car insurance rates by age in Rochester

In Rochester, car insurance rates are the highest for teens, at $4,858 per year or $405 per month. The rates are higher for teenagers (16- to 19-year-olds) as they are more prone to road accidents due to their lack of experience on the road, according to the Insurance Information Institute. There are driving laws for teens to help them drive better. Also, teen insurance rates can be lowered by adding teens to a parent’s auto insurance policy.

Car insurance rates are bound to decrease as teens grow older and earn a good driving record. Young adults pay $2,797 per year for their car insurance which is $2,061 less than what the teens pay for their insurance policy.

The car insurance rates in Rochester for adult and senior drivers are $1,686 and $1,673 per year respectively.

The car insurance rates for adults and seniors are lower than those for teens and young adults. “This is because they are more likely to obey the speed limits and follow the rules of the road,” says the Insurance Information Institute.

Read more on auto insurance for seniors.

The table below depicts the average annual rates for drivers of different age groups:

Car insurance rate trends in Rochester

Examining the trends in car insurance rates in Rochester, Minnesota, there was an upward trend from 2022 to 2023. Between 2022 and 2023, rates increase overall by 23% or $322.

The table below illustrates the trend over the three years:

Conclusion

Car insurance rates in Rochester are lower than the average rates in Minnesota. Drivers in Rochester can secure affordable car insurance by shopping around and utilizing available discounts. Additionally, many insurance companies offer bundling discounts for customers who purchase multiple policies from the same provider.

Sources

• Insurance Information Institute. “What determines the price of my auto insurance policy,” Accessed September 2024.
• Insurance Information Institute. “Auto insurance for teen drivers,” Accessed September 2024.
• Insurance Information Institute. “Senior driving safety and tips,” Accessed September 2024.

Methodology

Insure.com team worked with Quadrant Information Service to get car insurance data. To determine the average premiums, our team of data analysts and expert editors have analyzed 53,409,632 insurance quotes from 170 insurance companies across 34,588 ZIP codes.

The insurance rates are based on a sample profile of a 40-year-old male and female driver with a clean driving record and a good insurance score. Quotes premiums are for a full coverage policy with limits:

• $100,000 bodily injury per person
• $300,000 bodily injury per accident
• $100,000 property damage per accident
• $500 comprehensive and collision deductible

The quoted insurance rates are for comparison purposes, and your individual rates may vary.

Prachi Singh

Contributing Researcher

 

 . .

Prachi is an insurance writer with a master’s degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.