Minnesota vs New York Car Insurance

Side-by-side car insurance rate comparison based on data from NAIC & State DOI.

Quick Verdict

More Affordable

Minnesota is $760/yr cheaper on average.

Fewer Uninsured

New York has a lower uninsured rate (6.1% vs 7.9%).

Rate & Coverage Comparison

Attribute	Minnesota	New York
Avg Annual Premium	$1,560	$2,320
Min Liability	$510	$760
Full Coverage	$1,560	$2,320
Fault System	No-Fault	No-Fault
Uninsured Rate	7.9%	6.1%
Registered Vehicles	4,679,740	16,564,819
Accidents/Year	70,196	248,472
Population	5,707,000	20,201,000

Minimum Coverage Requirements

Minnesota

30/60 / 10 liability

New York

25/50 / 10 liability

Premium Comparison

Minnesota$510 – $1,560

Liability: $510Avg: $1,560Full: $1,560

New York$760 – $2,320

Liability: $760Avg: $2,320Full: $2,320

MinnesotaFull rates, age breakdown, requirements →New YorkFull rates, age breakdown, requirements →

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CarInsurancePeek Editorial TeamInsurance Data Specialists

The CarInsurancePeek editorial team aggregates and verifies car insurance rate data from NAIC & State DOI. Every statistic is cross-referenced against official state DOI filings before publication, with quarterly re-verification cycles.

Sourced from NAIC & State DOIQuarterly reviewNo paid placements

Read our full methodology or contact us with corrections.

Frequently Asked Questions

Which state has cheaper car insurance, Minnesota or New York?

Minnesota has cheaper car insurance, with an average annual premium of $1,560 compared to $2,320 in New York - a difference of $760 per year.

How do Minnesota and New York compare on fault systems?

Minnesota uses a no-fault system while New York uses a no-fault system. Both states use the same system.

What are the minimum insurance requirements in Minnesota vs New York?

Minnesota requires 30/60 / 10 liability. New York requires 25/50 / 10 liability. Minimum liability costs $510/yr in Minnesota and $760/yr in New York.

Which state has more uninsured drivers, Minnesota or New York?

Minnesota has a higher uninsured driver rate at 7.9%, compared to 6.1% in New York. Higher uninsured rates typically mean higher uninsured motorist coverage costs.

Where does the Minnesota vs New York insurance data come from?

All insurance rate data comes from NAIC & State DOI (2025). Premiums represent state-wide averages and individual rates vary based on driving history, age, vehicle, and coverage levels. Visit our methodology page for details.

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Attribute

Minnesota

New York

Avg Annual Premium

$1,560

$2,320

Min Liability

$510

$760

Full Coverage

$1,560

$2,320

Fault System

No-Fault

Uninsured Rate

7.9%

6.1%

Registered Vehicles

4,679,740

16,564,819

Accidents/Year

70,196

248,472

Population

5,707,000

20,201,000