When it comes to the cost of car insurance, Pine City ranks near the top among Minnesota cities, according to a recent report.
The study by Value Penguin of 109 cities and 18 insurers in the state placed Pine City in the 6th spot.
Minnesotans can see, on average, premiums of about $1,152 per year. The city with the cheapest car insurance was Mankato, which averaged $1,009 per year in premiums.
In fact, the top five cities with the least expensive premiums were located in the southeast region. Rounding out that top five were Austin, Albert Lea, Winona and Rochester. Faribault came in at 52nd.
The most expensive cities were St. Paul at $1,303 annual average followed by Minneapolis, Forest Lake, Cambridge and North Branch.
Pine City drivers pay, on average $1,250 per year.
Costs of the Value Penguin study are based on basic liability protection for a 2010 Toyota Camry. The rates are based off of two sample drivers, a single 30-year-old male and 65-year-old male with a clean driving record.
For a complete list, see http://www.valuepenguin.com/best-cheap-car-insurance-minnesota.