Chanhassen, MN Auto Insurance Rates, Quotes, Agents & Reviews

Zimlon, through its research, found that car owners in Chanhassen, MN, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.

Factors Influencing Cost of Car Insurance in Chanhassen, MN

The average cost of car insurance in Chanhassen, MN, is $1,409. This cost is lower than most of the nearby locations like Tonka Bay, Victoria, Shorewood, and Excelsior but higher than other nearby locations like Eden Prairie. Car owners in Chanhassen, MN, can make car insurance less expensive by considering factors like locations, age, and credit scores. These factors are explored in detail by Zimlon below.

Age of the Driver: 

Car owners in  Chanhassen, MN, can make the cost of car insurance less expensive and get various discounts by comparing multiple age of the driver-based policies offered by different insurance companies. According to Zimlon’s analysis, teenagers and young drivers pay more car insurance costs than older drivers as insurance companies consider them as less responsible drivers. 

The average cost of car insurance in Chanhassen, MN, for a teenager is $4,572. For a 20-year-old driver, insurance costs come up to $1,810, whereas, for drivers between the ages of 40 to 60 years it is less than $1400. 

Multi-Car Insurance: 

Car owners in Chanhassen, MN, can make auto insurance less expensive by insuring multiple vehicles with the same insurer. Auto insurance companies in Chanhassen, MN, also offer attractive discounts on multi-car insurance policies and bundling. Car owners in Chanhassen, MN, can save more by purchasing their life, auto, and home insurance from the same insurance company. The average savings one can obtain are as follows:

Anti-theft: 

Cars that are equipped with safety devices are less prone to thefts therefore, auto insurance companies in Chanhassen, MN, provide a considerable amount of discounts to vigilant car owners. The discounts can depend on the type and number of safety devices installed. According to Zimlon’s research, car owners in Chanhassen, MN, can get car insurance for $1,353 by installing safety devices like an audible alarm and active disabling device. Installing additional anti-theft features like tracking devices and passive disabling devices can further reduce the cost of car insurance to $1,324 and $1,310 respectively. 

Driving Violations: 

Auto insurance rates increase depending on the type and number of driving violations. The driving violations can also stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence usually determine how long the violation stays on the record.

Zimlon’s analysis found that violations such as driving without a headlight in Chanhassen, MN, can increase insurance costs by $62. Other violations like speeding or running a red light can cost car owners more than $300. More severe driving violations like driving with an expired or suspended license can add $950 to the car insurance costs. 

Credit Scores: 

Car owners in Chanhassen, MN,  can also make car insurance less expensive by maintaining positive credit scores. Several auto insurance companies provide considerable discounts to car owners that have a higher positive credit score and a clean driving history. Zimlon’s research found that car owners with a “good” credit score of 670-739 will have to pay $1,468. Whereas, for a “poor” credit score of 300-579 cost of car insurance in Chanhassen, MN, can get as high as $2,298.

 

Factors that can influence the cost of car insurance in Chanhassen, MN are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.

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Chanhassen, MN Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top

The following table compares the cost of insurance in Chanhassen, MN with that of other cities in and around Chanhassen.

	Chanhassen	Tonka Bay	Victoria	Excelsior	Eden Prairie	Shorewood
Average Insurance Rates	$1,409	$1,565	$1,451	$1,482	$1,111	$1,465

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Chanhassen, MN Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top

The following table makes a comparison of the variation in car insurance rates in and around Chanhassen, MN based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.

Location	Low Deductible ($500)	High Deductible ($1000)
Chanhassen	$2,353	$1,987
Excelsior	$1,060	$895
Chaska	$1,783	$1,506
Tonka Bay	$1,525	$1,288
Shorewood	$1,100	$929
Victoria	$1,885	$1,592
Eden Prairie	$1,362	$1,150
Deephaven	$2,044	$1,726

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Chanhassen, MN Auto Insurance Rates Based on the Age of the Driver | Back to Top

Teenagers in Chanhassen, MN usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.

Age of Driver	Insurance Cost
Teens	$4,572
20 Years	$1,810
30 Years	$1,394
40 Years	$1,342
50 Years	$1,242
60 Years	$1,260
70 Years	$1,466

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Chanhassen, MN Car Insurance Discounts for Multi-Car Insurance | Back to Top

Car owners in Chanhassen, MN can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:

Number of Cars	Auto Insurance Cost	Total Savings
2 Vehicles	$2,452	$366
3 Vehicles	$3,677	$550
4 Vehicles	$4,903	$733

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Chanhassen, MN Post- DUI Auto Insurance Rates | Back to Top

Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Chanhassen, MN.

Location	Average Insurance Cost	Post DUI Insurance Rate
Chanhassen	$1,409	$2,573
Excelsior	$1,482	$2,706
Chaska	$1,343	$2,452
Tonka Bay	$1,565	$2,857
Shorewood	$1,465	$2,675
Victoria	$1,451	$2,649
Eden Prairie	$1,111	$2,028
Deephaven	$1,540	$2,812

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Chanhassen, MN Auto Insurance Rates Based on Credit Score | Back to Top

Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.

Credit Score	Insurance Cost
Exceptional (800-850)	$1,209
Excellent (740-799)	$1,380
Good (670-739)	$1,468
Average (580-669)	$1,915
Poor (300-579)	$2,298

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Chanhassen, MN Auto Insurance Rates can Increase Based on Driving Violations | Back to Top

Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.

Driving Violation	Cost Increase	Total Insurance Cost
Driving Without Headlights	+$62	$1,471
Driver's Failure In Showing Documents	+$137	$1,546
Driving With An Expired Registration	+$145	$1,554
Driving At A Considerably Slow Pace	+$306	$1,715
Using A Cellphone While Driving	+$323	$1,732
Running A Red Light	+$328	$1,737
Speeding	+$345	$1,754
Driving A Vehicle Without The Required Permission	+$438	$1,847
Driving With An Expired/Suspended License	+$950	$2,359

Chanhassen, MN Auto Insurance Rates Based on Anti-Theft Feature | Back to Top

Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.

Anti Theft Feature	Insurance Cost
Audible Alarm	$1,353
Active Disabling Device	$1,353
Tracking Device	$1,324
Passive Disabling Device	$1,310

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Latest Auto Insurance Reviews in Chanhassen, MN | Back to Top