Minnesota Car Insurance

It is necessary for all registered and licensed vehicles in Minnesota to have adequate and proper auto insurance coverage. You can reduce your premiums by availing competitive rates from different insurance companies.

What are the different types of coverage of Minnesota Auto Insurance?

There are two main types of coverage of such insurance. They are mandatory and non-mandatory coverage.

Mandatory Coverage

Mandatory coverage of Minnesota auto insurance includes Personal Injury Protection, Liability Insurance, Underinsured, and Uninsured coverage.

Personal Injury Protection (PIP)

Being a no-fault state, Minnesota offers such coverage to all injured in an accident. This is irrespective of whose fault caused accident. This provides for your medical expenses, wages lost, and cost of replacement services. Minimum coverage is $40,000 each person in an accident split as $20,000 for medical expenses and $20,000 for lost wages and replacement services.

Liability Insurance

This covers damages to your and other vehicles due to your negligent driving. Minimum coverage is $30,000 for injuries for single person, $60,000 for all persons and $10,000 for property damages.

Underinsured Coverage

When other driver is responsible for accident, such coverage offers medical expenses besides personal injury protection. Such coverage comes into existence when other driver’s liability coverage cannot cover your medical expenses. Minimum coverage is $25,000 for injuries to a single person and $50,000 for injuries to all persons.

Uninsured Coverage

When other driver causes accident and has no liability insurance, such coverage clears your medical bills after finishing your personal injury protection claims. Minimum coverage is same as that of Underinsured.

Non-Mandatory Coverage

Non-mandatory coverage includes collision and comprehensive coverage.

Collision Coverage

This covers damages to your vehicle when you cause any accident.

Comprehensive Coverage

This covers damages to your vehicle due to non-collision factors like fire, theft, flood, accidents due to hitting of animals.

What is the minimum coverage?

The minimum coverage of Minnesota auto insurance is $30,000 for other driver in a single accident, $60,000 for all injured in an accident, and $10,000 for damages to property.

If you have any loan on your vehicle, you need to carry both collision and comprehensive coverage necessarily according to your lending company.

Minnesota Car Insurance

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