Shakopee Car Insurance

How much does car insurance cost in Shakopee, MN? Check out the average rates that drivers pay below.

Compare Car Insurance Rates Instantly

What Is the Average Cost of Car Insurance in Shakopee?

Monthly Average Rates by Country, State, and City

Car insurance rates vary from driver to driver and are based on many factors that include driving history, claims history and where you live. Each city in Minnesota has different rates, and below, you can compare average rates with the national average. According to our data, drivers who live in Shakopee typically pay around $109.47 per month compared to the national average of $146.47 per month. The best way to get a low rate is by comparison shopping. SmartFinancial can do that for you at no cost while pairing you with a reputable insurance company so you have no surprises if you have an accident.

AreaAverage Monthly Rate
National $146.47
Minnesota $106.06
Shakopee, Minnesota $109.47

Shakopee, MN Best Car Insurance Companies

car insurance in Shakopee

Certain insurers will offer you better rates than others based on a myriad of factors, so you may get a better deal from one insurer over another for various reasons, and that’s why it’s important to compare. According to our data, State Farm generally has the most affordable car insurance in Shakopee coming in around $92.68 per month. Other companies to consider if you live in Shakopee is USAA with an average cost of $109.27 per month and Farm Bureau Mutual (IA Group) which typically runs around $111.69 per month. Check out the full list below. SmartFinancial rates the following insurers as the best insurance companies for drivers in Shakopee.

RankCompanyAverage Monthly RateComparison State Average
1 State Farm $92.68-12.62%
2 USAA $109.273.03%
3 Farm Bureau Mutual (IA Group) $111.695.32%
4 Auto-Owners Insurance Co $113.266.79%
5 American Family $118.4611.69%
6 Safeco $125.2418.08%
7 West Bend Mutual $126.5619.34%
8 North Star $162.8153.51%
9 Liberty Mutual $164.7655.35%
10 Nationwide $180.6470.32%

How Much is Car Insurance in Shakopee, MN?

how much is auto insurance in Shakopee

Rates can vary from city to city. The residents of Duluth typically pay $91.81 per month while people who live in Eden Prairie will pay $101.19 per month on average. See what people pay for car insurance in other cities in Minnesota.

Minnesota CitiesMonthly Average Rate
Duluth $91.81
Eden Prairie $101.19
Grand Rapids$96.48
Mankato $98.54
Maple Plain$94.21
Minneapolis $118.48
Moorhead $93.34
Rochester $95.12
Saint Cloud $103.25
Saint Paul $119.34
Shakopee $109.47
Young America$125.89

Cheap Car Insurance in Shakopee by Zip Codes

find cheap auto insurance in Shakopee

Every zip code rates differently with every insurer. Your zip code determines the crime rate in your area as well as other risks. Below, you can see how average rates range across the state of Minnesota. If you live in an area that is rated high in crime, you can make sure to garage your car in a safe place. That ought to save you some money. Covered and gated structures are best. Make sure to tell your insurance agent about the precautions you’re taking.

Shakopee, MN ZIP CodeAverage Monthly Rate

Car Insurance Rates by Driver's Age Group in Shakopee

Generally speaking, you pay more in car insurance the younger you are and the older you are. Teens and young adults often pay around $212.30 per month in Shakopee. Compare that to drivers in their 30’s who typically pay around $93.10 per month drivers in their 40s at $89.24 per month. It’s always a good idea to check for discounts that apply at any age. Some discounts include away-at-school discount, safe driver discount, mature driver discount, good student discount as well as multi-policy and bundling discounts.

Age GroupAverage Monthly Rate

Cheapest Insurance for Teenage Drivers in Shakopee

If you are teen in Shakopee you are probably looking for a good deal on car insurance. Since teenage drivers typically pay the highest rates of any other age group, it’s important to compare multiple companies. According to our research, State Farm typically charges around $161.24 per month. This is likely the most affordable option in Shakopee. You might also want to consider USAA and Farm Bureau Mutual (IA Group) who also offer good affordable policies for teen drivers.

CompanyAverage Monthly Rate
State Farm$161.24
Farm Bureau Mutual (IA Group)$187.01
Auto-Owners Insurance Co$194.30
American Family$204.28

Cheapest Insurance for 20 Year-olds in Shakopee

20 year-olds in Shakopee might want to consider State Farm who, on average, offers car insurance rates around $131.89 per month. Safeco , American Family , Auto-Owners Insurance Co and Farm Bureau Mutual (IA Group) are also in the top 5 cheapest rates available.

CompanyAverage Monthly Rate
State Farm$131.89
American Family$146.57
Auto-Owners Insurance Co$154.08
Farm Bureau Mutual (IA Group)$161.06

Cheapest Insurance for 30 Year-olds in Shakopee

If you are in your 30s in Shakopee our research has found that State Farm typically has the most affordable coverage coming in around $76.88 per month, followed by USAA at $83.65 and Auto-Owners Insurance Co at $96.80.

CompanyAverage Monthly Rate
State Farm$76.88
Auto-Owners Insurance Co$96.80
Farm Bureau Mutual (IA Group)$100.02

Cheapest Insurance for 40 Year-olds in Shakopee

On average, USAA offers car insurance for 40 year-olds in Shakopee for around $71.66 per month. If you are looking for affordable coverage, you may also want to consider State Farm or Farm Bureau Mutual (IA Group). The full list of top companies is below.

CompanyAverage Monthly Rate
State Farm$73.85
Farm Bureau Mutual (IA Group)$83.61
Auto-Owners Insurance Co$83.93
West Bend Mutual$94.39

Cheapest Insurance for 50 Year-olds in Shakopee

Oftentimes 50 year-olds enjoy some of the lowest rates of any other age group. In Shakopee we found that USAA generally offers the most affordable coverage at $74.76 per month.

CompanyAverage Monthly Rate
Farm Bureau Mutual (IA Group)$75.23
State Farm$77.45
West Bend Mutual$92.04
American Family$95.14

Cheapest Insurance for 60 Year-olds in Shakopee

If you live in Shakopee and you’re in your 60s, our data indicates that State Farm usually has the best rates at $67.67 per month. The top 5 list of car insurance companies is below.

CompanyAverage Monthly Rate
State Farm$67.67
Farm Bureau Mutual (IA Group)$85.70
West Bend Mutual$89.76
Auto-Owners Insurance Co$89.96

Driver's Coverage Auto Insurance Rates in Shakopee, MN

driver's coverage

Typically, drivers who currently have car insurance coverage will receive a cheaper monthly quote than drivers who do not. Since car insurance is a requirement in all 50 states, companies may question why you don't currently have coverage. Because of this, they may see you as a higher risk driver. In Shakopee, the average monthly rate for a driver who is currently insured is $112.11 while drivers who are not currently covered will pay around $105.31.

CoverageAverage Monthly Rate
Not Currently Insured $105.31
Currently Insured $112.11

Compare Recent Car Insurance Quotes in Shakopee

auto insurance quotes in Shakopee city

Your vehicle plays a big part in how you rate for car insurance. The more your car is worth, the higher your car insurance rate. To lower your monthly premiums, you can set a higher deductible, but you’ll need to pay that deductible if you have an accident. Generally speaking, the newer a car is, the more it’s worth, and you may pay more in premiums, but the latest safety features will earn you a discount. The overall safety ratings of a car are also considered when determining your rate. In Shakopee a driver of a 2018 Kia Sorento can expect to pay around $104.30 per month while someone that owns a 2023 Toyota Corolla Cross may pay around $262.62 per month. Check out the list of recent quotes in Shakopee below.

VehicleAverage Monthly Rate
2018 Kia Sorento$104.30
2023 Toyota Corolla Cross$262.62
2009 Pontiac G6$77.87
2018 Chevrolet Malibu$142.93
2009 Hyundai Elantra$92.20
2018 Chevrolet Equinox$101.70
2014 Subaru Impreza$185.02
2019 Toyota Rav4$102.15
2011 Ford Fusion$129.02
2015 Ford Taurus$187.75

FAQ's for Drivers in Shakopee, MN

driver’s frequently asked question in Shakopee

What Is the Minimum Liability Coverage Requirement in Shakopee, MN?

Motorists must maintain $30,000 in bodily injury liability for injuries to one person and $60,000 for injuries to two or more people per accident. Also, $10,000 in property damage liability is required to cover physical damage to the other driver’s vehicle or for damage to property. Minnesota drivers are also required to carry $40,000 in personal injury protection.

Additionally, uninsured motorist coverage in the amount of $25,000 for injuries to one person and $50,000 for injuries to two or more people and underinsured motorist coverage in the amount of $25,000 for injuries to one person and $50,000 for injuries to two or more people are required by law.

  •  $30,000; Bodily injury coverage per person; Maximum payment for serious or permanent injury or death to a single person
  •  $60,000; Bodily injury coverage per accident; Maximum payment for serious or permanent injury or death to multiple people
  •  $10,000; Property damage per accident; Maximum payment for all damaged property in an accident caused by you

While it may seem like a poor use of your hard-earned money to add optional coverages to your policy, you’ll be happy to have the extra financial protection if you’re involved in a serious accident. Plus, most financial lenders require collision and comprehensive coverage, and some may require more than that. Check with your lender before taking out a new insurance policy to make sure you’re properly covered. If you don’t have adequate protection, your lender can buy insurance on your behalf, and this will cost a lot more than getting it on your own.

What Is the Blood Alcohol Concentration (BAC) limit in Shakopee, MN?

It’s against the law to drive in Minnesota at the following BAC percentages:

  • .08%+ at 21 years old or older
  • .04%+ for commercial vehicle drivers
  • .02%+ at under 21 years old

Any amount of detectable alcohol in a person under age 21 will result in a DWI charge.

What is uninsured motorist coverage and is it required in Minnesota?

Yes. Both uninsured and underinsured motorist coverage is required in Minnesota. This type of insurance protects you in the event of an accident where the other party is at fault and is uninsured or doesn’t carry enough insurance. State minimum requirements for uninsured coverage are in the amounts of $25,000 for injuries to one person and $50,000 for injuries to two or more people per accident; state minimum requirements for underinsured motorist coverage are in the same amounts.

Check Out Other Rates in Shakopee, MN Nearby Cities:

Bloomington, MN

Eden Prairie, MN

Edina, MN

Plymouth, MN


Commute Time in Shakopee, MN

23.3 Miles

Commute Time in United States

26.4 Miles

Number of Nearest Insurance Agents in Shakopee, MN


The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.

Compare Insurance Rates Instantly.

Answer a few questions and let Penny find the best rates in your area.