Minnesota Automobile Insurance Available Online

Minnesota drivers are required by law to carry three types of automobile insurance.  They must carry standard liability, personal injury protection, and uninsured and underinsured motorist bodily injury coverage.

Minnesota is a no fault state, personal injury protection, often called PIP, is the part of auto insurance which directly related to no fault coverage.  Should there be an accident PIP helps pay the cost of your injuries and your passengers’ injuries no matter who was at fault. 

Minnesota auto insurance laws require driver to carry $40,000 worth of PIP coverage.  $20,000 goes towards the coverage of medical costs while the other $20,000 goes towards the coverage of other expenses such as lost wages or funeral costs.  Although the minimum requirement is $40,000 drivers can increase the amount of PIP they purchase which is a very smart idea.  They can also choose a higher deductible which lowers the cost of the premium. 

No fault insurance limits a driver and his/her passengers’ right to sue for damages caused by an accident.  However, the driver who is at fault may be found liable for expenses over the limit of the PIP insurance coverage carried by the other driver. 

Minnesota law requires drivers to carry liability insurance which helps cover costs over and above the PIP coverage.  Minnesota's requires drivers to carry a minimum of 30/60/10 liability insurance.  This translates to $30,000 per person for injuries you cause to the other party, up to $60,000 for all, and $10,000 for damage to the other party's property.  You can purchase more liability insurance if you desire.  Depending on your financial situation this may be a good choice.

The last coverage that is required by Minnesota law is uninsured and underinsured motorist bodily injury coverage.  The minimum requirement is 25/50 which translates to $25,000 for injuries per person, up to a total of $50,000.  These policies help pay the cost of your medical expenses in cases where the other driver is carries inadequate liability insurance.

Insurance costs can vary dramatically depending on the insurance company you are dealing with.  By purchasing on line you can save up to 30% on optional coverage.  That’s why it’s so important to get several quotes before choosing an insurance company. 

These days you can compare insurance rates from the comfort of your home.  No gas, no running half way across town to stand in a lineup to get a quote.  Sit, type, and get quote.  It’s as easy as 123.  The question is are you ready to save money.  Get Competitive Insurance Rates!