UPDATED: Mar 13, 2020
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
Cheap Car Insurance in Rochester, MN
In the market for cheap auto insurance in Rochester, MN? From AutoInsuranceEZ.com, you could find the lowest cost insurance premiums close to you. To get free car insurance estimates available from the best providers today, provide your local zipcode in the quote box in this posting.
Rochester is located in the heart of Olmsted County, right along the Zumbro River. Originally founded as a convenient stop between Saint Paul and Iowa, the city soon developed a rich culture and historical significance. It is a well-known town for historical buildings, including Avalon Music and the former site of the Chateau Theatre.
- Fun fact: Rochester drivers must save lots of money on gas each year, considering that they’re #9 on the list of “Top 100 cities with shortest commuting times (pop. 50,000+)”. Learn more about Rochester, MN.
Auto Insurance Coverage Requirements in Minnesota
Driving legally in Rochester requires:
|Bodily Injury Liability||30,000/60,000||100,000/300,000|
|Property Damage Liability||10,000||100,000|
|Uninsured Motorist Bodily Injury||25,000/50,000||100,000/300,000|
|Personal Injury Protection||40,000||40,000|
|Collision||Not required||500 deductible|
|Comprehensive||Not required||0 deductible|
It’s true; Minnesota state minimum insurance coverage has stricter requirements than other states. But that mainly comes in the form of Uninsured and Medical Payments coverage. And if you ever get into a serious accident and/or are injured by an uninsured driver, this coverage can really come in handy.
Finding affordable insurance in Rochester might seem difficult, what with the average motorist paying $113 per month in Minnesota. But living in your city can get you rates as low as $36/mo*! We’ll be happy to show you how to get the lowest rate possible.
Farmers, Nationwide, and Allstate have some of the lowest rates in Rochester today. But remember that there is much more to automobile insurance than paying the lowest premium. What if you have a bad customer service experience, or have trouble filing a claim because you went with the cheapest provider? Be sure to think about these important elements before you switch companies.
Auto insurance providers contemplate numerous factors when figuring out insurance quotes, like driving experience, where you live, type of vehicle owned, years of driving experience, and business use of the vehicle. In addition, premiums vary from provider to provider. To find out whether you’re still receiving the best rate, review cheap Rochester auto insurance rates on the web.
Enter your zip code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Major Car Insurance Factors in Rochester
There are many ways your car insurance rate can be estimated. But not all of it is out of your control; there are things you can do in order to control which discounts you are entitled to receive. Listed here are some of these elements in greater detail:
Your Zip Code
Where you store your vehicle every night will probably have a major influence on your car insurance rate. Generally, auto insurance cost less in rural regions simply because a lower number of vehicles signifies a smaller chance that you’ll get in a wreck with another vehicle. The population of Rochester is 110,742 and also the median household earnings are $62,152 annually.
As you can see from the chart below, serious accidents in Rochester are very low. And this isn’t just good news for drivers in the area who want to avoid serious wrecks. Insurance providers automatically lower premiums in zip codes with safe driving statistics.
Auto Thefts in Rochester
Finding inexpensive auto insurance can be difficult if you’re vulnerable to auto theft. Specific common vehicle models tend to be appealing to thieves, and also vehicles that are parked often in big metropolitan areas. The full amount of stolen automobiles in Rochester was 103 back in the year 2013, which is still pretty low. If you want to save a little each month, you might want to raise your Comprehensive coverage deductible (we’ll talk more about it later).
Your Credit Score
Take a look at the chart below. Drivers with an excellent credit score, on average, are paying less than half of what other drivers pay each month. In fact, your credit score is one of the most significant factors which determines your monthly premium.
Trying to find coverage for a young driver? Well, unfortunately, you’re fighting an uphill battle. Because of their youth and lack of driving experience, they are much more likely to get into an accident. And average insurance premiums for teenage drivers are much more expensive because of it.
Your Driving Record
Got a ticket or two on your record? Then you’re probably paying more than you should be for automotive insurance. This is especially true if there are providers near you who offer Accident Forgiveness discounts, but your current insurer does not.
Luxury cars aren’t just expensive by themselves – they’re also expensive to insure. The reason for this is because you need to buy a more comprehensive policy, and you need to also purchase coverage in larger amounts in order to properly protect your vehicle.
Minor Car Insurance Factors in Rochester
Don’t worry, there are other factors you can adjust to change your monthly premium:
Your Marital Status
Are you married? Do you and your spouse bundle your insurance policies together? If not, then you should consider doing so, because you can get some serious discounts that way. You can even bundle additional insurance policies if your provider offers them.
It might seem unlikely to some, but statistics show that there is no significant risk between genders. Luckily, insurance companies are taking this information and starting to charge men and women nearly equal rates.
Your Driving Distance to Work
Your typical commute to work should last you 14-23 minutes easily in Rochester. For the most part, roads are easy to navigate, which is why more than three-quarters of drivers take their own vehicle to work. About 11-17% still like to ride with their coworkers in a carpool, though.
Is your vehicle registered for business? Then you might be paying too much to insure it. Business vehicles on average cost 10-12% more to insure than vehicles for personal use. And driving fewer miles to work or school each year will only save you around 3-4%.
Your Coverage and Deductibles
You might not give your deductible much thought, but it can bring you huge savings each month if you know how to work with it. The larger your deductible is, the less you will pay each month. But just keep in mind that, should you need to file a claim, you’ll have to fork over that cash.
Education in Rochester, MN
When it comes to saving money on auto insurance, Rochester residents are in luck. An impressive 22% of the city’s population has earned a bachelor’s degree, which will likely yield them lower rates on their car insurance – even lower than having a good job or a really high salary. Also, 21% of Rochester drivers have achieved their high school diploma or equivalent.
Located conveniently in the same area of University Center Rochester are two important schools: Winona State University, and the Rochester Community Technical College. Additionally, the University of Minnesota Rochester has a local campus downtown along with several other prestigious universities, such as the Minnesota School of Business, College of St. Scholastica, and Cardinal Stritch University.
Obtaining reasonably priced automobile insurance might end up being a problem. There’s lots of important information to contemplate, and understanding exactly how insurance companies examine your prospective risk might be challenging. But try not to permit the wrong insurance provider talk you into buying the wrong policy.
How We Conducted Our Car Insurance Analysis
*We calculated our average rate based on the following metrics: a married, 34 year old male with good credit, a 12-month history of maintaining auto insurance, a clean driving record, who owns his own home. Miles driven annually were based on the national average. The average rate was also calculated based on a financed 2015 Honda Accord with a pre-installed anti-theft device.
Compare Auto Insurance Rates in Rochester, Minnesota – See How Much You Can Save