From the Twin Cities to the Boundary Waters, Minnesota residents require a variety of insurance products to protect their homes, health, and vehicles against the state’s long winters, high healthcare costs, and natural events. This 2025 guide will walk you through the best insurance options in Minnesota, including life, auto, health, home, renters, and pet insurance.
Auto Insurance in Minnesota
Minnesota is a no-fault insurance state, meaning your own insurance pays for medical expenses after a crash, regardless of fault.
| Coverage Type | Minimum Requirement |
|---|---|
| Bodily Injury (per person) | $30,000 |
| Bodily Injury (per accident) | $60,000 |
| Property Damage | $10,000 |
| Personal Injury Protection | $40,000 (per person) |
| Uninsured/Underinsured Motorist | $25,000/$50,000 |
Top Auto Insurance Providers in Minnesota:
Ways to Save:
- Bundle policies
- Use safe-driving apps
- Raise deductibles carefully
Health Insurance in Minnesota
Minnesota offers health coverage through its own exchange—MNsure, providing affordable ACA-compliant plans and Medicaid options under MinnesotaCare.
Top Health Insurance Providers:
Available Plans:
- Bronze, Silver, Gold Marketplace Plans
- Medicaid & MinnesotaCare
- HMOs and PPOs
Life Insurance in Minnesota
Minnesota residents often look for affordable term life coverage, as well as permanent policies with investment benefits.
Top Life Insurance Providers:
Common Policy Types:
- Term life (10–30 years)
- Whole and universal life
- No-exam policies for fast coverage
Homeowners Insurance in Minnesota
Given Minnesota’s risks from snow damage, flooding, and severe storms, having a solid home insurance policy is crucial.
Average Annual Premium: $1,200–$1,800
Best Home Insurance Providers:
Popular Add-ons:
- Sewer backup and sump pump overflow
- Snow and ice dam damage
- Flood insurance through NFIP
Renters Insurance in Minnesota
Renters insurance is affordable and essential for college students, apartment dwellers, and tenants across Minneapolis and St. Paul.
Average Monthly Premium: $12–$20
Top Renters Insurance Companies:
Pet Insurance in Minnesota
With the cost of veterinary care rising, pet insurance can help Minnesotans cover emergencies, surgeries, and wellness needs for cats and dogs.
Top Pet Insurance Providers:
Coverage Includes:
- Accidents and injuries
- Illnesses and hereditary conditions
- Optional wellness and dental plans
Final Thoughts
In 2025, Minnesota offers a strong and competitive insurance market for all major policy types. Whether you’re looking to cover your car, home, health, or pet, choosing a reliable provider and customizing your plan ensures both security and peace of mind in the Land of 10,000 Lakes.
