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 offers the cheapest car insurance in Rochester, at an average of $1,322 per year with full coverage limits of 100/300/100.

The second cheapest company in Rochester is State Farm, offering car insurance rates at $1,391 per year.

As mentioned earlier, car insurance rates vary from one company to another because the factors used to calculate rates vary by insurer. Therefore, comparing quotes from multiple insurers is recommended to find cheap car insurance rates in Rochester before deciding on the policy that matches your requirements.

The table below lists the average annual and monthly costs for the various car insurance companies providing coverage in Rochester, Minnesota:

Read about the best car insurance companies.

Average car insurance cost in Rochester by coverage limits

In Rochester, the average car insurance rates based on coverage types are as follows:

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

In most states, drivers must have the state minimum coverage to drive legally, but these vary by state. However, state minimum coverage does not cover any vehicles listed on your policy in an at-fault accident.

To avoid compromising on the coverage and pay out-of-pocket expenses, it is better to have full coverage or non-owner coverage if you don’t own a car but borrow or rent one frequently.

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 highest for teens, averaging $4,858 per year or $405 per month. According to the Insurance Information Institute, these higher rates for 16- to 19-year-olds are due to their increased likelihood of road accidents due to their lack of driving experience.

Specific teen driving laws have been implemented to help them become better drivers. Additionally, parents can lower teen insurance rates by adding them to their existing auto insurance policy.

As teens grow older and build a positive driving history, their car insurance rates decrease. Young adults usually pay $2,797 annually for their car insurance, which is $2,061 less than what teens pay for their coverage.

In Rochester, adult drivers pay an average of $1,686 per year for car insurance, while senior drivers pay $1,673 annually.

According to the Insurance Information Institute, rates for adults and seniors are significantly lower than for teens and young adults, as they are more likely to obey speed limits and follow road rules.

Read more on auto insurance for seniors.

The table below lists 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

In conclusion, the insurance rates in Rochester, are lower than the average insurance cost in Minnesota. Shopping around and taking advantage of available discounts, drivers in Rochester can find affordable car insurance options. Many car insurance companies offer discounts for customers who purchase multiple policies through the same company.

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.