Cheapest Car Insurance Quotes in Hancock

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406,175 Policies Sold

Hancock Car Insurance

^$ 21

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Hancock

The car insurance rate in Hancock is $821 for a six-month policy, which is $123 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $450, making it a popular choice for budget-conscious drivers. Rates in Hancock can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Hancock

$821

Avg. Car Insurance in Minnesota

$944

National Average

$1278

Cheapest Car Insurance Companies in Hancock

1st place: Iowa Farm Bureau

At $450 for a six month policy, Iowa Farm Bureau offers the cheapest auto insurance rates in the city.

2nd place: AutoOwners Insurance Co

AutoOwners Insurance Co offers auto insurance rates at $455 for a six-month policy, making it one of the cheapest to insure with.

3rd place: Westfield

Westfield offers auto insurance rates at $455 for six months, making it the third cheapest auto insurance company in Hancock.

Hancock Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Hancock, MN is Iowa Farm Bureau, offering policies at just $450 for a six-month term. This is followed by AutoOwners Insurance Co, which has an average six-month premium of $455.

At the higher end of the spectrum, Farmers is the most expensive, with rates reaching $1478 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Hancock drivers find the best deals.

Cheap Car Insurance Companies in Hancock, MN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Iowa Farm Bureau	$450	$77
Auto-Owners Insurance Co	$455	$76
Westfield	$455	$77
American Family	$475	$80
West Bend Mutual	$589	$99
Travelers	$631	$106
Nationwide	$698	$118
USAA	$729	$123
AAA	$754	$127
Auto-Owners	$806	$136
West Bend	$868	$148
State Farm	$909	$153
Western National	$1173	$199
Allstate	$1230	$207
North Star Mutual	$1442	$245
Farmers	$1478	$246

Key Takeaways

Way's key takeaways about car insurance in Hancock

The auto insurance costs in Hancock fall around $450 for six months.
The cheapest auto insurance company in Hancock is Westfield.
Teen drivers pay the highest rate in Hancock at $888 per month.

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Save up to $971/yr with our auto insurance quotes

Cheapest Minimum Liability Car Insurance in Hancock

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Hancock are given below.

Westfield provides the cheapest minimum car insurance coverage in Hancock. Their Average 6 Month Premium is $124. Nationwide is the most expensive at $269 for the same period.

Cheapest Liability Coverage in Hancock, MN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$124	$21
West Bend Mutual	$176	$30
North Star Mutual Insurance	$191	$32
USAA	$207	$35
Auto-Owners Insurance Co	$217	$37
Iowa Farm Bureau	$217	$37
West Bend	$217	$37
Farmers Union Insurance	$222	$37
Auto-Owners	$227	$38
North Star Mutual	$227	$38
AAA	$253	$43
American Family	$253	$43
Travelers	$253	$43
State Farm	$274	$46
Western National	$290	$49
Allstate	$424	$71
Farmers	$599	$102
Nationwide	$269	$44

Cheapest Full Coverage Car Insurance in Hancock

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Hancock is Iowa Farm Bureau at $77 per month and $450 for six months.

Cheapest Full Coverage Car Insurance Quotes in Hancock, MN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Iowa Farm Bureau	$450	$77
Auto-Owners Insurance Co	$455	$76
Westfield	$455	$77
American Family	$475	$80
West Bend Mutual	$589	$99
Travelers	$631	$106
Nationwide	$698	$118
USAA	$729	$123
AAA	$754	$127
Auto-Owners	$806	$136
West Bend	$868	$148
State Farm	$909	$153
Western National	$1173	$199
Allstate	$1230	$207
North Star Mutual	$1442	$245
Farmers	$1478	$246

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Average Car Insurance in Hancock by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Hancock, MN increasing?

Despite maintaining a clean driving record, your car insurance rates in Hancock, Minnesota, may be increasing due to several external factors. Minnesota has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Hancock's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Hancock

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

Age Group	Cheapest Companies	Avg. 6 Mo. Premium
20s	Farm Bureau Mutual	$569
30s	Farm Bureau Mutual	$406
40s	Farm Bureau Mutual	$402
50s	Farm Bureau Mutual	$338
60s	Farm Bureau Mutual	$346
70s	Farm Bureau Mutual	$406

Cheapest Car Insurance Rates for Teen Drivers in Hancock,MN

If you are planning to get a car insurance policy for your teenage dependent, Westfield provides the cheapest car insurance in the Hancock at $25 per month. At $5328 for a six-month premium, Farmers offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$150	$25
North Star Mutual Insurance	$207	$35
Auto-Owners Insurance Co	$222	$37
Iowa Farm Bureau	$227	$38
Farmers Union Insurance	$238	$40
Umialik	$295	$49
American Family	$806	$136
Travelers	$905	$152
Auto-Owners	$1183	$199
USAA	$1209	$204
State Farm	$1804	$304
AAA	$1819	$306
Allstate	$2899	$488
North Star Mutual	$3039	$506
Western National	$3380	$575
Farmers	$5328	$888

Teen Car Insurance Rates in MN by Age

Way Tip

If you are in your twenties Farm Bureau Mutual is the best choice for car insurance in Hancock.

As young drivers face the highest rates in Hancock, Farm Bureau Mutual offers the cheapest auto insurance rates at $569 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Hancock, West Bend Mutual is the cheapest car insurance provider. At $222 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Hancock is State Farm, offering rates of around $5897 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
West Bend Mutual	$222	$37
Westfield	$274	$45
Farmers Union Insurance	$305	$52
Iowa Farm Bureau	$429	$71
American Family	$439	$75
USAA	$1436	$239
AAA	$1602	$270
Travelers	$2062	$344
North Star Mutual	$2387	$406
Auto-Owners	$2491	$415
Farmers	$2739	$465
Western National	$2863	$477
Allstate	$3431	$584
State Farm	$5897	$983

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Car Insurance Rates with An Accident in Hancock

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Hancock, MN, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Hancock

The cheapest car insurance companies after an at-fault accident in Hancock include Westfield and Umialik, offering $181 and $227, respectively. Nationwide is an expensive provider with an average six-month premium of $357.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$181	$30
Umialik	$227	$38
Iowa Farm Bureau	$279	$46
Auto-Owners Insurance Co	$295	$50
Farmers Union Insurance	$300	$50
West Bend Mutual	$305	$52
North Star Mutual Insurance	$351	$58
Encompass	$383	$65
American Family	$538	$90
Western National	$559	$94
Auto-Owners	$599	$101
State Farm	$620	$104
Travelers	$693	$117
USAA	$744	$125
AAA	$1178	$198
North Star Mutual	$1395	$235
Farmers	$2176	$363
Allstate	$2253	$379
Nationwide	$357	$59

Hancock Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Hancock MN. For example, the car insurance in Hancock after a DUI increases to $951 for a six month policy. While the rate increases by $196 for a six-month policy in the case of a speeding ticket.

Hancock auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$889	$148
One Med/PIP claim	$900	$153
Not-at-fault accident	$914	$152
One comp claim	$946	$161
Two Med/PIP claims	$946	$157
Two comp claims	$987	$168
Failure to wear a seat belt	$1013	$169
Failure to show documents	$1028	$175
Child safety restraint	$1044	$174
Driving without lights	$1044	$177
Driving with expired registration	$1065	$177
Cell phone violation	$1085	$184
Speeding 6 - 10 MPH over limit	$1085	$181
Texting while driving	$1085	$184
Following too closely	$1095	$183
Driving too slowly	$1101	$187
Failure to yield	$1101	$184
Illegal turn	$1101	$187
Speeding in school zone	$1101	$184
Wrong way/wrong lane	$1101	$187
Failure to stop at a red light	$1106	$184
Improper passing	$1106	$188
Speeding 11 - 15 MPH over limit	$1111	$185
Speeding 16 - 20 MPH over limit	$1121	$191
At-fault accident - less than $1000	$1148	$191
Passing school bus	$1148	$195
In 65 MPH zone	$1153	$192
Operating a vehicle without permission	$1158	$197
Speeding 21 - 25 MPH over limit	$1194	$199
At-fault accident - $1000-$2000	$1276	$217
Open container	$1282	$214
At-fault accident - greater than $2000	$1308	$223
Reckless driving	$1602	$267
Racing	$1654	$281
Driving with a suspended license	$1757	$293
Refusal to submit to a chemical test	$1777	$302
DUI	$1840	$306
Leaving scene of an accident/hit and run	$1907	$325

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Hancock after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Hancock.

The cheapest car insurance premiums in Hancock are offered by Umialik at $227 for a six-month policy. However, it can be as expensive as $4129 with companies like AAA.

Hancock car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Umialik	$227	$38
West Bend Mutual	$238	$40
Farmers Union Insurance	$284	$47
Westfield	$320	$55
Iowa Farm Bureau	$418	$70
Country Financial	$445	$76
Auto-Owners Insurance Co	$475	$79
American Family	$501	$84
Western National	$708	$119
Travelers	$713	$120
State Farm	$909	$153
USAA	$982	$165
Auto-Owners	$1013	$171
Farmers	$2206	$375
Allstate	$2341	$394
North Star Mutual	$4124	$701
AAA	$4129	$688

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Hancock are offered by Westfield at $150. However, it can be as expensive as $2589 with companies like Allstate for a similar six-month premium.

Cheapest Car Insurance in Hancock after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$150	$25
Iowa Farm Bureau	$238	$40
West Bend Mutual	$238	$40
Auto-Owners Insurance Co	$248	$42
American Family	$264	$44
Farmers Union Insurance	$269	$46
State Farm	$568	$96
Western National	$708	$119
USAA	$749	$125
Auto-Owners	$827	$141
Travelers	$900	$150
North Star Mutual	$1442	$245
Farmers	$1855	$309
AAA	$1923	$327
Allstate	$2589	$432

Car Insurance Price Trends in Hancock, Minnesota

Car insurance rates in Hancock have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Hancock rose by $187 in January compared to $154 of December. In other words, there has been an increase by $33 when you compare January and December.

The average cost of liability insurance in the Hancock rose to $44 in January, compared to $43 in December. This represents an increase of $1 when comparing January and December.

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Frequently Asked Questions

How much is car insurance in Hancock?

The car insurance in Hancock is $21 per month, which is lower than the national average.

What is the cheapest car insurance in Hancock?

The cheapest car insurance in Hancock is $77 per month for full coverage.

How much is car insurance in Hancock for teenagers?

Car insurance for teenagers costs $150 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Hancock?

The average cost of car insurance is $944 for a six-month policy. It will cost around $138 per month to insure your car in Hancock.

Is car insurance expensive in Hancock?

Car insurance can be expensive in Hancock if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Hancock can be affordable.

Cheapest Car Insurance Quotes in Hancock

Why you can trust Way?

How Much Is Car Insurance in Hancock

Avg. Car Insurance in Hancock

Avg. Car Insurance in Minnesota

National Average

Cheapest Car Insurance Companies in Hancock

1st place: Iowa Farm Bureau

2nd place: AutoOwners Insurance Co

3rd place: Westfield

Hancock Car Insurance Rates by Company

Cheap Car Insurance Companies in Hancock, MN

Way's key takeaways about car insurance in Hancock

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Hancock

Cheapest Liability Coverage in Hancock, MN

Cheapest Full Coverage Car Insurance in Hancock

Cheapest Full Coverage Car Insurance Quotes in Hancock, MN

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Hancock by Rating Factor

I have a clean driving record. Why is my car insurance rate here in Hancock, MN increasing?

Car Insurance Premiums by Age in Hancock

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Hancock,MN

If you are in your twenties Farm Bureau Mutual is the best choice for car insurance in Hancock.

Car Insurance Rates by Credit Score & Driving History

Cheapest Car Insurance Companies for Bad Credit

Escape the Trap of Rising Insurance Costs.

Car Insurance Rates with An Accident in Hancock

Cheapest Car Insurance Companies after an At-Fault Accident in Hancock

Hancock Car Insurance Rates by Violation

Hancock auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Hancock after a DUI

Hancock car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Hancock after Speeding ticket

Car Insurance Price Trends in Hancock, Minnesota

Average Car Insurance Cost in Hancock by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Hancock, MN

Car Insurance Rates by State in the USA (2025 Update)

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