Cheapest Car Insurance Quotes in New Hope

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New Hope Car Insurance

^$ 27

/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 New Hope

The car insurance rate in New Hope is $899 for a six-month policy, which is $96 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $479, making it a popular choice for budget-conscious drivers. Rates in New Hope 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 New Hope

$899

Avg. Car Insurance in Minnesota

$803

National Average

$1140

Cheapest Car Insurance Companies in New Hope

1st place: AAA

At $479 for a six month policy, AAA offers the cheapest auto insurance rates in the city.

2nd place: Iowa Farm Bureau

Iowa Farm Bureau offers auto insurance rates at $579 for a six-month policy, making it one of the cheapest to insure with.

3rd place: AutoOwners Insurance Co

AutoOwners Insurance Co offers auto insurance rates at $586 for six months, making it the third cheapest auto insurance company in New Hope.

New Hope Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in New Hope, MN is AAA, offering policies at just $479 for a six-month term. This is followed by Iowa Farm Bureau, which has an average six-month premium of $579.

At the higher end of the spectrum, Farmers is the most expensive, with rates reaching $1736 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help New Hope drivers find the best deals.

Cheap Car Insurance Companies in New Hope, MN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
AAA	$479	$82
Iowa Farm Bureau	$579	$96
Auto-Owners Insurance Co	$586	$100
Westfield	$586	$97
American Family	$712	$120
Travelers	$758	$128
West Bend Mutual	$758	$128
Nationwide	$898	$150
USAA	$912	$153
Auto-Owners	$984	$166
State Farm	$1111	$187
West Bend	$1118	$186
Allstate	$1378	$232
Farmers	$1736	$289

Key Takeaways

Way's key takeaways about car insurance in New Hope

The auto insurance costs in New Hope fall around $479 for six months.
The cheapest auto insurance company in New Hope is Westfield.
Teen drivers pay the highest rate in New Hope at $1048 per month.

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Cheapest Minimum Liability Car Insurance in New Hope

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 New Hope are given below.

Westfield provides the cheapest minimum car insurance coverage in New Hope. Their Average 6 Month Premium is $160. Nationwide is the most expensive at $346 for the same period.

Cheapest Liability Coverage in New Hope, MN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$160	$27
West Bend Mutual	$226	$38
AAA	$233	$39
North Star Mutual	$246	$41
North Star Mutual Insurance	$246	$41
USAA	$246	$41
Auto-Owners	$279	$47
Auto-Owners Insurance Co	$279	$47
Iowa Farm Bureau	$279	$47
West Bend	$279	$47
Farmers Union Insurance	$286	$48
Travelers	$306	$52
American Family	$319	$54
State Farm	$319	$54
Western National	$339	$58
Allstate	$552	$93
Farmers	$778	$132
Nationwide	$346	$57

Cheapest Full Coverage Car Insurance in New Hope

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 New Hope is AAA at $82 per month and $479 for six months.

Cheapest Full Coverage Car Insurance Quotes in New Hope, MN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
AAA	$479	$82
Iowa Farm Bureau	$579	$96
Auto-Owners Insurance Co	$586	$100
Westfield	$586	$97
American Family	$712	$120
Travelers	$758	$128
West Bend Mutual	$758	$128
Nationwide	$898	$150
USAA	$912	$153
Auto-Owners	$984	$166
State Farm	$1111	$187
West Bend	$1118	$186
Allstate	$1378	$232
Farmers	$1736	$289

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Average Car Insurance in New Hope 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 New Hope, MN increasing?

Despite maintaining a clean driving record, your car insurance rates in New Hope, 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, New Hope's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in New Hope

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	$745
30s	Farm Bureau Mutual	$532
40s	Farm Bureau Mutual	$526
50s	Farm Bureau Mutual	$442
60s	Farm Bureau Mutual	$454
70s	Farm Bureau Mutual	$532

Cheapest Car Insurance Rates for Teen Drivers in New Hope,MN

If you are planning to get a car insurance policy for your teenage dependent, Westfield provides the cheapest car insurance in the New Hope at $32 per month. At $6287 for a six-month premium, Farmers offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$193	$32
North Star Mutual Insurance	$267	$45
Auto-Owners Insurance Co	$286	$48
AAA	$292	$49
Iowa Farm Bureau	$292	$49
Farmers Union Insurance	$306	$52
Umialik	$380	$65
Travelers	$971	$164
Auto-Owners	$1397	$235
USAA	$1484	$250
American Family	$1796	$302
State Farm	$2156	$363
Allstate	$3612	$608
Farmers	$6287	$1048

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 New Hope.

As young drivers face the highest rates in New Hope, Farm Bureau Mutual offers the cheapest auto insurance rates at $745 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 New Hope, West Bend Mutual is the cheapest car insurance provider. At $286 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 New Hope is State Farm, offering rates of around $5761 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
West Bend Mutual	$286	$48
Westfield	$353	$58
Farmers Union Insurance	$392	$67
Iowa Farm Bureau	$552	$92
AAA	$625	$106
American Family	$1197	$202
USAA	$1663	$283
Travelers	$1989	$332
Auto-Owners	$2695	$458
Farmers	$3293	$549
Allstate	$3725	$634
State Farm	$5761	$960

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Car Insurance Rates with An Accident in New Hope

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 New Hope, MN, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in New Hope

The cheapest car insurance companies after an at-fault accident in New Hope include Westfield and Umialik, offering $233 and $292, respectively. Nationwide is an expensive provider with an average six-month premium of $459.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$233	$39
Umialik	$292	$49
Western National	$319	$54
Iowa Farm Bureau	$360	$62
Auto-Owners Insurance Co	$380	$63
Farmers Union Insurance	$386	$66
AAA	$392	$65
West Bend Mutual	$392	$67
North Star Mutual	$412	$68
North Star Mutual Insurance	$452	$77
Encompass	$493	$82
Auto-Owners	$712	$120
State Farm	$752	$127
Travelers	$792	$133
USAA	$912	$153
American Family	$1104	$186
Allstate	$2408	$405
Farmers	$2588	$440
Nationwide	$459	$76

New Hope Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in New Hope MN. For example, the car insurance in New Hope after a DUI increases to $1224 for a six month policy. While the rate increases by $252 for a six-month policy in the case of a speeding ticket.

New Hope auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1145	$190
One Med/PIP claim	$1158	$197
Not-at-fault accident	$1177	$196
One comp claim	$1217	$207
Two Med/PIP claims	$1217	$203
Two comp claims	$1271	$216
Failure to wear a seat belt	$1304	$217
Failure to show documents	$1324	$225
Child safety restraint	$1344	$224
Driving without lights	$1344	$228
Driving with expired registration	$1371	$228
Cell phone violation	$1397	$237
Speeding 6 - 10 MPH over limit	$1397	$233
Texting while driving	$1397	$237
Following too closely	$1410	$235
Driving too slowly	$1417	$241
Failure to yield	$1417	$236
Illegal turn	$1417	$241
Speeding in school zone	$1417	$236
Wrong way/wrong lane	$1417	$241
Failure to stop at a red light	$1424	$237
Improper passing	$1424	$242
Speeding 11 - 15 MPH over limit	$1430	$239
Speeding 16 - 20 MPH over limit	$1444	$245
At-fault accident - less than $1000	$1477	$246
Passing school bus	$1477	$251
In 65 MPH zone	$1484	$248
Operating a vehicle without permission	$1491	$253
Speeding 21 - 25 MPH over limit	$1537	$256
At-fault accident - $1000-$2000	$1643	$279
Open container	$1650	$276
At-fault accident - greater than $2000	$1683	$287
Reckless driving	$2062	$344
Racing	$2129	$362
Driving with a suspended license	$2262	$377
Refusal to submit to a chemical test	$2288	$389
DUI	$2369	$394
Leaving scene of an accident/hit and run	$2455	$418

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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 New Hope 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 New Hope.

The cheapest car insurance premiums in New Hope are offered by Umialik at $292 for a six-month policy. However, it can be as expensive as $2621 with companies like Farmers.

New Hope car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Umialik	$292	$49
West Bend Mutual	$306	$52
Western National	$306	$52
Farmers Union Insurance	$366	$63
Westfield	$412	$68
Iowa Farm Bureau	$539	$92
Country Financial	$572	$95
Auto-Owners Insurance Co	$612	$104
Travelers	$832	$140
State Farm	$885	$149
American Family	$998	$168
Auto-Owners	$1184	$199
USAA	$1204	$203
Allstate	$2482	$418
Farmers	$2621	$437

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 New Hope are offered by Westfield at $193. However, it can be as expensive as $2501 with companies like Allstate for a similar six-month premium.

Cheapest Car Insurance in New Hope after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$193	$32
Iowa Farm Bureau	$306	$52
West Bend Mutual	$306	$52
Western National	$306	$52
Auto-Owners Insurance Co	$319	$54
Farmers Union Insurance	$346	$59
State Farm	$625	$105
American Family	$719	$121
USAA	$851	$142
Auto-Owners	$865	$147
Travelers	$892	$149
Farmers	$2175	$370
Allstate	$2501	$417

Car Insurance Price Trends in New Hope, Minnesota

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

The average cost of full coverage in the New Hope rose by $198 in December compared to $197 of November. In other words, there has been an increase by $1 when you compare December and November.

The average cost of liability insurance in the New Hope remained steady at $55 in both December and November, indicating no change over the two month period.

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Frequently Asked Questions

How much is car insurance in New Hope?

The car insurance in New Hope is $27 per month, which is lower than the national average.

What is the cheapest car insurance in New Hope?

The cheapest car insurance in New Hope is $82 per month for full coverage.

How much is car insurance in New Hope for teenagers?

Car insurance for teenagers costs $193 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 New Hope?

The average cost of car insurance is $803 for a six-month policy. It will cost around $150 per month to insure your car in New Hope.

Is car insurance expensive in New Hope?

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

Cheapest Car Insurance Quotes in New Hope

Why you can trust Way?

How Much Is Car Insurance in New Hope

Avg. Car Insurance in New Hope

Avg. Car Insurance in Minnesota

National Average

Cheapest Car Insurance Companies in New Hope

1st place: AAA

2nd place: Iowa Farm Bureau

3rd place: AutoOwners Insurance Co

New Hope Car Insurance Rates by Company

Cheap Car Insurance Companies in New Hope, MN

Way's key takeaways about car insurance in New Hope

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in New Hope

Cheapest Liability Coverage in New Hope, MN

Cheapest Full Coverage Car Insurance in New Hope

Cheapest Full Coverage Car Insurance Quotes in New Hope, MN

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in New Hope by Rating Factor

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

Car Insurance Premiums by Age in New Hope

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in New Hope,MN

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

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 New Hope

Cheapest Car Insurance Companies after an At-Fault Accident in New Hope

New Hope Car Insurance Rates by Violation

New Hope auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in New Hope after a DUI

New Hope car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in New Hope after Speeding ticket

Car Insurance Price Trends in New Hope, Minnesota

Average Car Insurance Cost in New Hope by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near New Hope, MN

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

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