Cheap Car Insurance in Bloomington, MN

The fifth largest city in Minnesota, Bloomington is mainly known for being the home of the Mall of America, the largest shopping mall in the United States. However, it is also an underrated nature destination, home to the Minnesota Valley National Wildlife Refuge, with more than 14,000 acres of wetlands. Highland Lake Park Reserve, with its endless skiing and snowboarding opportunities, is another favorite spot.

If you are a Bloomington driver, expect to need to carry an active auto insurance policy to be able to drive legally in the state. With this guide, you will learn everything there is to know about car insurance in Minnesota, including average rates paid by zip code, what determines auto insurance premiums, and the types of discounts you can get.

Bloomington drivers pay an average monthly premium of $130 for full coverage, slightly below the state average of $137 and well below the national average of $148. For the cheapest car insurance in Bloomington, drivers pay an average of $50 per month for the state-required minimum liability, which is a little higher than the state average of $45 and about the same as the national average at $47.

What Does Full vs. Minimum Mean?

Full vs. minimum refers to full coverage versus state minimum liability.

Full coverage generally consists of three types of policies: liability, collision, and comprehensive, protecting against a broader range of scenarios, including crash-related events (e.g., vehicle-to-vehicle collisions) or non-collision-related events like theft and vandalism.

In turn, state minimum liability provides liability coverage including bodily injury/death liability and property damage liability. Since Minnesota is a no-fault state, your liability coverage will be used to help pay for your injuries and damage, regardless of who is at fault in an accident.

Most no-fault states like Minnesota also require some form of additional medical coverage, such as Personal Injury Protection (PIP), as well as uninsured motorist coverage (UM). 

Remember, you can adjust coverage limits regardless of whether your insurance policy is full or state minimum liability. Feel free to adapt your bodily injury and property damage liability limits above and beyond Bloomington’s required 30/60/10 minimums. To be safe, opt for a 100/300/100 policy if you can afford it. With the average cost of a new vehicle now over $40,000 with the ever-increasing cost of vehicle parts and labor due to today’s macroeconomic conditions, a 100/300/100 policy may be more appropriate.

How Many Fatal Accidents Happen in Bloomington?

In 2020, there were five fatal road traffic accidents in Bloomington, involving 11 vehicles and resulting in five fatalities; 13 people were involved, including four pedestrians.

How Are the Road Infrastructure and Bridges in Bloomington, Minnesota?

The city of Bloomington has an active Public Works Department that maintains all city streets and infrastructure, providing various services including but not limited to engineering services, Wastewater management, pothole/street light repair, and on-street parking permit issuance.

The department’s Street Maintenance program is responsible for maintaining more than 300 miles of city streets. In addition, it is well known for its Pavement Management Program, which tries to seal street surfaces every seven years.

Having an active auto insurance policy cannot be understated.

It provides three benefits: financial protection, legal compliance, and peace of mind. Depending on your type of coverage, a policy ensures your auto insurance company will be on the hook to pay for vehicle repairs, medical expenses, legal fees, and other scenarios (up to your policy limits) after a covered accident.

Additionally, all states require drivers to carry auto insurance. Failure to do so will result in a suspended driver’s license and registration, penalties, administrative charges, and even jail time, depending on the severity of the offense.

Lastly, an active auto insurance policy contributes to greater peace of mind knowing you are adequately protected. The average cost of a new vehicle is now over $45,000, so a high-limit 100/300/100 policy will work wonders.

Bloomington drivers can take advantage of all kinds of auto insurance discounts, rewarding them for doing everything from paying an entire annual premium upfront to installing in-vehicle safety devices.

Some auto insurance discounts include:

These discounts have been proven to encourage safe driving habits, promote vehicle safety, reward responsible driving behavior, and cut insurance costs. All of this benefits Bloomington residents who strive to maintain clean driving records.