Best Bloomington, MN Auto Insurance in 2024 (See the Top 10 Companies)

When considering auto insurance policies in Bloomington, MN, State Farm, Allstate, and Farmers, there are some policies one should look out for. The average rate starts at about $64 per month. These are the leading players and provide comprehensive coverage that meets diverse needs and budgets, with discounts of as much as 20% for Bloomington residents.

These companies allow you to find cheap rates while offering the most expensive services, such as full coverage. Given that factors such as driving history, type of vehicle, and ZIP code determine rates, Bloomington residents are encouraged to shop around.

Our Top 10 Company Picks: Best Bloomington, MN Auto Insurance

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#1 – State Farm: Best Overall Pick

Pros

• Vital Customer Service: According to our State Farm auto insurance review, the company consistently ranks highly for customer satisfaction and offers excellent support in Bloomington.
• Wide Range of Discounts: As one of the largest and most financially stable insurers, State Farm ensures reliable claims payouts for policyholders in Bloomington, MN.
• Financial Stability: State Farm is one of the largest and most financially stable insurers, ensuring reliable claims payouts.

Cons

• Higher Premiums for Younger Drivers: Rates for younger or less experienced Bloomington drivers can be higher.
• Limited Availability of Some Discounts: State Farm offers specific discounts only in select states, including Bloomington, MN.

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#2 – Allstate: Best for Various Discounts

Pros

• Great Discounts: In Bloomington, MN, Allstate offers various discounts, including the Drivewise program for safe driving.
• Wide Range of Coverage Options: Bloomington drivers can access add-ons like accident forgiveness and new car replacements.
• 24/7 Customer Service: According to our Allstate auto insurance review, drivers in Bloomington, MN, benefit from round-the-clock customer support.

Cons

• Premiums Can Be Expensive: Allstate’s premiums in Bloomington are higher than those of other providers.
• Claims Process Can Be Slow: Some Bloomington, MN, customers report delays in claims resolution.

#3 – Farmers: Best for Local Agent

Pros

• Excellent Overall: Farmers offers several types of coverage in Bloomington, MN, including rideshare and car rental coverage.
• Robust Claims Handling: According to our Farmers auto insurance review, Bloomington drivers can rely on their efficient and fair claims handling.
• Customizable Policies: Farmers allow Bloomington drivers to tailor their policies based on personal preferences.

Cons

• Higher Costs for Some Drivers: Premiums can be more expensive in Bloomington, particularly for high-risk drivers.
• Limited Online Services: Bloomington, MN’s website and mobile app can be less user-friendly than those of competitors.

#4 – Geico: Best for Affordable Rates

Pros

• Budget-Friendly Offerings: In Bloomington, MN, Geico provides some of the best rates, especially for clear-record drivers.
  Easy-to-Use Website and App: Our Geico auto insurance review highlights the simplicity of their digital tools for managing policies and filing claims in Bloomington, MN.
  Wide Range of Discounts: Geico offers multiple discounts in Bloomington, MN, including those for good students, military members, and federal employees.

Cons

• Lack of Specialized Coverages: Geico offers a few specialized coverage options that some competitors offer in Bloomington, MN.
• Customer Service Issues: Some Bloomington, MN, customers report less-than-stellar customer support experiences.

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#5 – American Family: Best for Customizable Coverage

Pros

• Excellent Customer Service: American Family receives high customer support and claims handling ratings in Bloomington, MN.
• Substantial Discounts: American Family offers various discounts in Bloomington, MN, including safe driving, bundling, and more.
• Flexible Payment Plans: View our American Family auto insurance review to see how their flexible payment plans in Bloomington add convenience for policyholders.

Cons

• Not Available in All States: American Family policies are unavailable in every state, including Bloomington, MN.
• Higher Premiums: Premiums can be higher for some drivers in Bloomington.

#6 – Progressive: Best for Online Tools

Pros

• Competitive Rates: Progressive often has lower rates than other top insurers in Bloomington, MN, especially for high-risk drivers.
• Snapshot Program: Based on our Progressive auto insurance review, the Snapshot Program in Bloomington, MN, rewards safe driving with potential discounts.
• Broad Coverage Options: Progressive in Bloomington provides a range of coverage options, including rental reimbursement and roadside assistance.

Cons

• Concerns About the Quality of Service: Some clients residing in Bloomington, MN, have claimed that the claims management and support they receive could be better.
• Rates Can Be High for Some Drivers: While rates are competitive for some, they can be higher for other drivers in Bloomington, MN, especially those with poor credit.

#7 – Liberty Mutual: Best for Policy Management

Pros

• Customizable Policies: Liberty Mutual offers a variety of add-ons, such as new car replacement and accident forgiveness, in Bloomington, MN.
• Wide Range of Discounts: See our Liberty Mutual auto insurance review for details on their wide range of discounts in Bloomington including those for good drivers and hybrid vehicles.
• Well-known for High-Risk Coverage: Liberty Mutual provides coverage for high-risk drivers in Bloomington, MN, that may be hard to insure elsewhere.

Cons

• Higher Premiums for Some Drivers: Liberty Mutual can have higher rates in Bloomington, MN, especially for younger or high-risk drivers.
• Limited Online Tools: Some users in Bloomington find the website and mobile app less intuitive.

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#8 – Nationwide: Best for Loyalty Discount

Pros

• Roadside Services and Disappearing Deductibles: Nationwide offers services such as roadside assistance and disappearing deductibles in Bloomington, MN.
• Robust Financial Strength: Nationwide has high financial strength ratings in Bloomington, which means it can pay claims.
• Straightforward Online Claims: Within our Nationwide auto insurance review, you’ll find that their digital tools make filing claims and managing policies easy in Bloomington, MN.

Cons

• Rates Can Be High: Premiums may be higher in Bloomington, MN, compared to other insurers.
• Limited Discounts: The available discounts in Bloomington may not be as extensive as those offered by other providers.

#9 – Travelers: Best for Claims Handling

Pros

• Customizable Coverage: Read our Travelers auto insurance review to learn how customizable coverage options allow Bloomington, MN, policyholders to tailor their plans.
• Safe Driver Discounts: Travelers incentivize Bloomington drivers with recent claims-free or accident-free histories.
• Robust Financial Strength: They have built a strong reputation for financial stability in Bloomington, MN, which makes them a reliable factor when making claims.

Cons

• Issues with Customer Service: Some Bloomington users need help with customer assistance and receiving timely responses to their online inquiries.
• Limited Discounts for Some Drivers: Certain discount options may only be available to some Bloomington, MN customers.

#10 – Safeco: Best for Affordable Coverage

Pros

• Cost-Effective: Safeco is often the most cost-effective option, especially for low-risk drivers in Bloomington, MN.
• Flexible Policy Options: In Bloomington, Safeco lets you customize your coverage and adjust your deductible to fit your needs.
• Solid Customer Support: Our Safeco auto insurance review highlights Bloomington’s strong customer support and efficient claims handling.

Cons

• Limited National Presence: Safeco is unavailable in all states, which may limit accessibility for some drivers in Bloomington, MN.
• Fewer Discounts: Safeco offers fewer discounts to reduce premiums in Bloomington than other insurers.

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Discover the Best Auto Insurance Deals in Bloomington

According to the drivers of Bloomington, MN, Geico offers some of the most competitive charges in the market. The lowest coverage limit has a base rate of $64 per month, while the highest is $150, which makes it ideal for the frugal customer.

Bloomington, MN Auto Insurance Monthly Rates by Provider & Coverage Level

More Farmers and Progressive offer the same equally priced rate range to provide a well-balanced price and quality mix. Liberty Mutual, Travelers, and American Family offer a wide range of coverage but at a slightly higher price.

Because rates change due to other aspects such as driving history and type of car, Bloomington residents are encouraged to check on these top providers to determine the most suitable one. For additional details, explore our comprehensive resource titled “How does an auto insurance company determine my premium?”

Best Bloomington, MN Auto Insurance Discounts

Bloomington, MN drivers can enjoy a variety of discounts with top auto insurance providers. Allstate offers safe driving and multi-policy discounts, while American Family rewards good students and safe drivers. Farmers and Geico provide savings for bundling and using tech like the Signal app or anti-theft devices.

Auto Insurance Discounts From the Top Providers in Bloomington, MN

Liberty Mutual and Nationwide offer discounts for claims-free records and safe driving, and Progressive rewards continuous coverage. Safeco, State Farm, and Travelers provide multi-policy and safe driver discounts, along with student savings.

Auto Insurance Coverage Requirements in Minnesota

n Bloomington, MN, drivers must meet state-required auto insurance coverage, including Bodily Injury Liability, Property Damage Liability, and Uninsured Motorist coverage. While collision and comprehensive coverage aren’t mandatory, many choose these for added protection.

Minnesota Minimum Auto Insurance Coverage Requirements

Local motorists are able to grab competitive deals with companies such as Geico, Farmers or Allstate. However, when determining what is the best auto insurance quotes in Bloomington MN, it would be critical to evaluate both the cost and the quality of coverage in order to provide complete coverage.

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Major Factors: Auto Insurance in Bloomington, Minnesota

When shopping for the best Bloomington, MN auto insurance , it is important to note that there are several key determinants which have the capacity to greatly influence the existing rates that you are given. While some of these factors are beyond your control, others can be adjusted to help lower your premiums. Here are the most important elements that influence your Bloomington car insurance costs

Your ZIP Code

The ZIP code you possess in Bloomington, MN is a major contributing factor in the formulation of your auto insurance costs. As it has approximately 83,319 residents, factors such as the fact that it is a city, causes near urban areas to have higher premiums than the rural counterparts because of the traffic congestion and the risks of accidents.

Bloomington, MN Auto Insurance Monthly Rates by ZIP Code

To find the best Bloomington, MN auto insurance, it’s important to compare rates from various providers, considering factors like Auto Insurance Rates by State to secure the most affordable coverage.

Automotive Accidents

In Bloomington, MN, the higher rate of accidents can lead to increased auto insurance premiums. Your provider may adjust rates based on local risk, but you may qualify for discounts like Safe Driver rewards.

Bloomington, MN Auto Accident & Insurance Claim Statistics

Understanding how accidents change your car insurance rate is key to finding the best Bloomington, MN auto insurance and selecting the right coverage, whether basic or comprehensive.

Auto Thefts in Bloomington

In Bloomington, MN, the risk of auto theft can drive up insurance premiums, especially in areas with higher crime rates. With auto thefts reaching as high as 100 in 2013, residents may face higher rates to offset these risks.

Bloomington, MN Report Card: Auto Insurance Premiums

To reduce costs, consider Comprehensive coverage or inquire about an anti-theft device Discount, which can lower premiums if your vehicle is equipped with security features.

Understanding these factors is essential when seeking the best Bloomington, MN auto insurance to ensure you’re adequately covered while keeping costs in check.

Your Credit Score

In Bloomington, Minnesota, depending on your automobile insurance credit score can have lots of effects. For instance, those customers with low credit scores tend to pay higher premiums. A good credit score is essential to enable one get better prices which is very important when one is looking for the best auto insurance in Bloomington, Minnesota.

Bloomington, MN Auto Insurance Monthly Rates by Provider & Coverage Type

In the case of providers such as Allstate, Farmers, and State Farm, Knowing how your credit rates affects your auto insurance premiums can help you save a lot of money.

Your Age

When searching for the best Bloomington, MN auto insurance, young drivers, especially teenagers, face higher premiums due to their lack of experience and higher accident rates. Insurers view them as higher risk, which leads to increased costs, especially in the first few years of driving.

Bloomington, MN Auto Insurance Rates by Age

For car insurance for teenagers, it is always wise to check how much different companies associated with the likes of Allstate, Farmers, and State Farm charge because age also plays a factor in determining how much one pays in premiums. Age consideration and other aspects of policies may help in selecting the best Bloomington, MN auto insurance even for younger drivers.

Your Driving Record

When seeking the best Bloomington, MN auto insurance, your driving record plays a key role in determining your premiums.

A speeding ticket or minor fender-bender can cause rates to rise, and drivers with violations or accidents on their record are considered high-risk drivers, leading to even higher cost.

Bloomington, MN Auto Insurance Monthly Rates by Driving Record

Allstate and State Farm provide incentives in the form of Accident Forgiveness discounts for safe drivers. It is important to understand, however, how violations affect your driving record and insurance rates because these factors could alter policies significantly when shopping for the best auto insurance in Bloomington, MN.

Your Vehicle

When looking for the best Bloomington, MN auto insurance, the type of vehicle you drive matters. Luxury cars, like a Porsche, are typically among the most expensive to insure due to their higher value and repair costs. In comparison, insuring a standard vehicle, such as a 2015 Honda Accord, is typically cheaper.

Honda Accord Auto Insurance Monthly Rates vs. Similar Vehicles by Coverage Levell

If you own a luxury vehicle, consider comprehensive coverage to ensure adequate protection, as this will impact your premiums when seeking the best Bloomington, MN auto insurance.

Minor Factors: Auto Insurance in Bloomington, Minnesota

If you’re looking for the best Bloomington, MN auto insurance at a budget-friendly rate, there are several factors you can adjust to help reduce your monthly premium. While coverage levels are important, other elements also play a key role in determining your cost. Here’s how you can optimize your policy

Your Marital Status

Some married couples get the best Bloomington, MN auto insurance rates to the greatest extent possible because of the bundling of policies, thus leading to considerable savings. Combining car insurance after marriage is beneficial in cutting costs as insurance companies charge comparatively lower rates for married drivers.

Additionally, bundling auto insurance with other policies like homeowners can further cut costs, making it an effective strategy for finding the best value on your coverage.

Your Gender

When searching for the best Bloomington, MN auto insurance, your gender and personal injuries are less of a factor than they used to be. While historical data once suggested that male and female drivers posed different risks, many insurers no longer evaluate premiums based on gender.

Today, the focus is more on factors like driving history and vehicle type, making it easier to find the best auto insurance rates in Minnesota regardless of gender. To gain further insights, consult our comprehensive guide titled “These Factors Affect your Auto Insurance Rates”

 

Your Driving Distance to Work

When seeking the best Bloomington, MN auto insurance, your commute distance has a minimal impact on premiums.Cutting back on driving for a little while may only give a slight discount of 2-3% at best. However, vehicles used for business purposes, like in commercial auto insurance, can increase premiums by 11% compared to personal vehicles. Other factors tend to influence your rates more significantly.

Your Coverage and Deductibles

To secure the best Bloomington, MN auto insurance rates, you can consider changing your coverage and adjusting your deductibles as a means of lowering your monthly payments. A commonly used tactic is the increasing of the deductible, which is likely to lead to a drastic cut on your premium, assuming that you do not plan to make a claim for some time.

 

However, ensure you have the necessary funds available to cover the higher deductible if an accident occurs, balancing savings with financial preparedness.

Education in Bloomington, MN

In Bloomington, MN, higher education can lead to the best auto insurance rates, with discounts often given to those with a bachelor’s degree. With many residents holding degrees, education can reduce premiums more than job title or salary.

Colleges like Bethany College of Missions and Normandale Community College offer opportunities that may also lower insurance costs. Cheap Auto Insurance Rates for Professors with College Degrees

How We Conducted Our Car Insurance Analysis

Obtaining good car insurance coverage in Bloomington, MN, requires one to emphasize cost and quality coverage to find the best auto insurance. State Farm, Allstate, and Farmers, for example, have competitive rates from $64, with discounts for safe driving and policy bundling.

To get the best deal, it is imperative to compare quotes and ascertain the driver history, type of the vehicle, as well as the credit score. Shopping for a policy with many carriers helps to get a policy that is appropriate for you and your pocket.