Popular QuestionsPopular Questions about Minnesota Home Insurance

How much does Minnesota home insurance cost? $1,323

The average American homeowner pays $1,173 per year for home insurance, but in Minnesota, the average annual premium is $1,323. Even though insurance is more expensive for homes in Minnesota, you should not skimp on this important coverage. It can help cover potential damage to one of the biggest investments you will ever make: your home.

minnesota home insurance cost chart
What does my Minnesota home insurance do for me?

Your home insurance gives you a backup plan in case a catastrophe strikes in your neighborhood. Whether it's a fire, heavy winds or a burglary, you're covered if you have a suitable Minnesota homeowners insurance policy.

Pays for repairs to your home and your belongings

  • Example: A tree falls on your house, and rain ruins your 60" Samsung TV.

Pays for someone else's injuries or property damage when it's your fault

  • Example: Your kid is playing baseball and accidentally smacks the ball through your neighbor's window.

Pays for temporary living expenses when your home is damaged

  • Example: You need a hotel while your house's roof is being repaired due to a fallen tree.
Will I actually use my Minnesota homeowners insurance?

We can’t be 100% certain, but in 2016, insurance companies spent more than $897 million on home insurance claims in Minnesota. That's a lot of unfortunate events happening to Minnesota homeowners.

How is my Minnesota homeowners insurance calculated?

Insurance carriers calculate the cost of a home insurance policy by asking , "How likely is it that something bad will happen?" The more likely it is that something bad will happen, the more expensive the home insurance policy will be, and vice versa. We call these potential disasters "risk." Let’s take a look at how risky Minnesota is compared to the rest of the US.

Crime:

Even though the crime rate in Minnesota is lower than the national average, homeowners still have to be aware of the risk and should take precautions to secure their property.

  • Average number of burglaries per 1,000 homes in MN: 3.37
  • Average number of burglaries per 1,000 homes in the U.S.: 4.69

Weather:

With its northern climate and close proximity to Lake Superior, residents of this state are no strangers to freezing temperatures, heavy snowfalls, and severe storms, all of which can lead to expensive property damage. Be aware, however, that to have coverage against flood damage, you will need to supplement your insurance with a flood insurance policy through the NFIP.

  • Number of federally declared disasters since 1953: 60
  • Most common cause of disasters in the state: Floods
  • Average number of tornados in the state per year: 41.9
  • Amount paid in home insurance claims in 2016: $897,178,000

Home Values:

The estimated cost to rebuild your home will play a large role in how much your home insurance costs. In Minnesota, the overall average home value is higher than the national average. This, coupled with the severe weather risks in this state, helps to explain why insurance premiums for Minnesota home insurance are more expensive than in most other states.

  • Average home value in MN: $211,800
  • Average home value in the US: $188,900
Are there any independent agents in Minnesota?

Yes! There are currently 525 independent insurance agents in Minnesota who are ready to help. Did you know that independent insurance agents can give you multiple policy options to choose from? That way, you'll receive completely customized coverage that addresses all of your unique insurance needs.

What’s the best insurance company in Minnesota?

An independent agent compares policies from multiple companies to find you the best coverage for your needs and budget. Here are some companies our agents will use in Minnesota: 

motorists mutual insurance  company
Travelers
progressive insurance company
emc insurance

InformationFind the Best Insurance in Your City

Now, let's take a quick peek at what’s going on in your city. Insurance companies look at a lot of factors when determining home insurance costs. One of many factors is location. Crime rates, weather catastrophes and the overall cost of your home will also factor into how much your home insurance will cost.

How does your city measure up to the national average?

  • National average home insurance cost – $1,173 / year
  • National average burglary rate per 1,000 homes – 4.69
  • National average home value - $188,900


CityAvg. Yearly Cost of Home InsuranceAvg. Home ValueNumber of Burglaries per 1,000 Homes
Minneapolis$1,382$235,20010.16
St. Paul$1,227$198,5007.82
Rochester$1,022$177,3003.03
Duluth$1,073$154,5006.15
Bloomington$1,283$237,6002.25
Brooklyn Park$1,478$204,7004.52
Plymouth$1,818$335,0002.37
St. Cloud$938$155,7004.89
Eagan$1,405$274,4002.31
Woodbury$1,606$314,7002.21
Maple Grove$1,532$284,2001.79
Coon Rapids$1,098$190,6953.16
Eden Prairie$1,748$349,0641.56
Marshall$993$159,1543.59
Burnsville$1,277$235,9863.02
Blaine$1,281$210,6332.18
Lakeville$1,433$285,4191.47
Minnetonka$1,681$329,3932.74
Le Center$783$131,1720.74
Apple Valley$1,288$239,0551.96
Edina$2,130$463,9262.88
St. Louis Park$1,458$258,9023.25
Mankato$876$165,2585.23
Moorhead$1,040$183,5973.55
Maplewood$1,240$208,1677.69
Shakopee$1,391$241,3012.93
Richfield$1,056$205,5704.78
Wayzata$2,754$530,8105.27
Cottage Grove$1,254$234,7051.55
Inver Grove Heights$1,281$237,1912.92
Roseville$1,321$247,5027.27
Andover$1,522$269,3343.95
Brooklyn Center$1,048$153,0035.06
Winona$889$152,2970.44
Oakdale$1,277$218,8784.31
Fridley$1,160$185,5714.82
Savage$1,536$286,8382.62
Bemidji$900$138,5826.27
Owatonna$1,088$161,6983.09
Shoreview$1,472$263,0810.30

Minneapolis, MN Home Insurance

The average monthly cost of homeowners insurance in Minneapolis is $115. Residents of this city face many risks that are common to urban areas, as well as a variety of weather risks. Home insurance rates may be higher than in some other cities, but not everyone pays the same amount. You may pay more or less than average depending on your home’s unique characteristics. 

Metropolitan areas like Minneapolis usually have higher crime rates than rural areas. It’s just part of living in a large, urban environment. But you can take common sense precautions to secure your home. Consider installing a security system, and always keep your doors locked and the exterior well-lit. Even with precautions, break-ins can happen. Be sure you have the right homeowners insurance in place to help you should the worst happen. 

Independent agents help Minneapolis families find the lowest rates on home insurance by shopping around and getting quotes from multiple carriers. Your local, friendly, and knowledgeable agent will take time to help you compare coverage options and choose a plan that offers the right level of protection for your home.

St. Paul, MN Home Insurance

The average monthly cost of home insurance in St. Paul is $102. Not all St. Paul homeowners will pay the same for home insurance. Your monthly rate is based on the risks associated with where you live (e.g., crime and weather), the size of your home, your home’s building materials, and other unique characteristics of your home. 

Winters are long and cold in St. Paul. One burst pipe can destroy your home, spreading water, ice, and devastation without warning. Every St. Paul homeowner needs to be vigilant in order to prevent pipes from freezing. If you take a winter vacation, be sure to completely turn off the water and empty all of your pipes before leaving, or you could come home to a very unwelcome surprise. 

Independent agents are not tied to one insurance carrier. They can obtain St. Paul homeowners insurance quotes from multiple carriers, giving you several options so you can make the best choice for your needs and budget.  A local, friendly Trusted Choice agent will get to know you and make sure that all of your unique risks are addressed. 

Rochester, MN Home Insurance

The average monthly cost of homeowners insurance in Rochester is $85. However, home insurance rates can vary significantly from one homeowner to the next. Your rate will be based on factors like the size and location of your home, the age of your home, your home’s building materials, and even your credit score.

Severe storms are common in Rochester, and they often bring driving rain and intense hail. Hail can quickly damage your home’s roof and siding, leaving you with costly repairs to make. Be sure that your Rochester homeowners insurance policy covers all of your weather-related risks.

An independent insurance agent will ensure that you receive the best Rochester homeowners insurance for your needs and budget. Independent agents have the freedom to work with numerous insurance carriers, so you can find affordable, comprehensive, and customized coverage to protect your home. 

Duluth, MN Home Insurance


The average monthly cost of homeowners insurance in Duluth is $89. Because your coverage is completely customized to your home and your unique circumstances, your monthly premium for Duluth home insurance may be more or less than average. Insurance companies consider your home’s age, size, building materials, location, and other related risks to determine your monthly rate. 

Water is one of the most damaging disasters that can affect your home. Whether it's from rain, sewer backup, or flooding, water can completely destroy your home and belongings. A Duluth homeowners insurance policy can help you repair and replace your belongings, as long as the damage is not flood-related. It can also reimburse you for lodging and other expenses if you are temporarily displaced while your home is being repaired. To be protected against flood damage, you can supplement your home insurance with a flood insurance policy through the NFIP. An independent insurance agent can show you how.

If you want customized, comprehensive, and affordable Duluth homeowners insurance, look no further than a local independent insurance agent. Unlike captive agents who are tied to a single carrier, our local, friendly agents will work with numerous insurance companies to find you the best deal. 

Bloomington, MN Home Insurance

The average monthly cost of homeowners insurance in Bloomington is $107. Your house is not the same as your neighbor’s, and neither are your homeowners insurance rates. While everyone in your neighborhood faces the same crime and weather risks, your premium is also based on the age and size of your home as well as other unique characteristics of your home. Your monthly Bloomington home insurance rate may be higher or lower than average depending on these and several other factors. 

It doesn’t take much to freeze pipes in the cold, harsh Bloomington winters. One frozen pipe can cause devastation throughout your home. Be sure to take precautions to prevent your pipes from freezing, and make sure that your Bloomington homeowners insurance covers all of your water and weather-related risks. 

Buying home insurance in Bloomington should not be overwhelming or confusing. If you work with a local independent agent, you’ll receive personal consultation and service, as well as quotes from multiple companies, so you know you are making the best choice.

Brooklyn Park, MN Home Insurance

The average monthly cost of homeowners insurance in Brooklyn Park is $123. Home insurance premiums can vary, so what you pay for your policy might be higher or lower than average. Your premium depends on the age and size of your home, the crime in your neighborhood, and any other special risks at your home, such as a trampoline, swimming pool, or aggressive dog breed.

A burst pipe can turn a cold day into a disaster for your home. Just as dangerous: Melting water that gets trapped by ice on your roof can form an ice dam and destroy ceilings, windows, and insulation. If you live in a cold climate like Brooklyn Park, be sure you know all of the ways that ice and freezing can damage your home, and take steps to minimize the risk. And make sure your Brooklyn Park homeowners insurance covers all of your risks related to freezing water. 

Unlike captive agents who work for only one insurance company, an independent agent has the freedom to offer Brooklyn Park insurance quotes from multiple companies. What’s more, you'll receive local, friendly service and can select the home insurance that fits your needs at a price that you can afford.

Plymouth, MN Home Insurance

The average monthly cost of homeowners insurance in Plymouth is $152. Plymouth home insurance costs more than in some other Minnesota cities, mainly because of the high property values in this area. What you pay depends on the specific risks associated with your home. Your individual rate depends on the size of your home, its building materials, the age of your roof, your credit rating, and other factors that are unique to your situation. 

You can be held accountable for damage or injuries you cause at your home and elsewhere. If a visitor slips and falls in your driveway, you may be asked to pay for the injured person’s medical bills and other related expenses. Your Plymouth homeowners insurance offers liability coverage that helps you in these types of circumstances. It can even help you pay for attorney fees if you are sued. 

Talk to an independent insurance agent for the best rates on Plymouth homeowners insurance. These local, friendly agents will take time to explain your coverage options, compare quotes from multiple insurance companies, and help you choose a plan that covers your risks and fits your budget.

St. Cloud, MN Home Insurance

The average monthly cost of homeowners insurance in St. Cloud is $112. Your actual St. Cloud home insurance premium depends on several variables, like the size of your house, your home’s building materials, the crime in your area, and the presence of a swimming pool or any other unique risks. Comparing quotes helps you get your coverage at the best rate.

Freezing water is not just a nuisance in St. Cloud, it is a serious peril for homeowners. Frozen pipes can burst and cause massive damage inside your home. Melting water that gets trapped on your roof can form an ice dam and destroy ceilings, windows, and insulation. Cold-weather homeowners must be prepared for all of the ways that ice and freezing can damage their homes, and take steps to minimize the risk. Your St. Cloud homeowners insurance policy can help you repair the damage, should the worst happen. 

For St. Cloud home insurance at a price you can afford, don’t settle for a one-size-fits-all approach. Talk to a local independent agent who can work with multiple insurance companies to find the best fit for you and your family. You’ll get the coverage you need at the right price, as well as local, friendly service and consultation.

Eagan, MN Home Insurance

The average monthly cost of homeowners insurance in Eagan is $117. A number of different factors help determine your Eagan home insurance premium, so what you pay may be higher or lower than average. The crime rate in your area, the size and age of your home, and the materials used to build your home all impact how much you will pay on a monthly basis

Severe storms with driving rain and intense hail are common in Eagan. Hail can damage your home’s roof, siding, and more, leaving you with thousands of dollars in repairs to make. For peace of mind, make sure that your Eagan homeowners insurance policy covers all of your weather-related risks. 

Independent insurance agents can help you compare quotes from multiple insurance carriers. Your local, friendly agent isn’t tied to one company, so you’ll have plenty of options to choose from. You can choose the policy that best covers your unique risks, no matter where you live.  Find an independent agent near you to get started.

Woodbury, MN Home Insurance

The average monthly cost of homeowners insurance in Woodbury is $134. The size of your house, your credit score, your home’s building materials, and the crime rate in your area impact how much you pay for a Woodbury homeowners insurance policy. It’s important for your homeowners policy to cover the individual risks you face, so you have peace of mind.

Bad things can happen anywhere, even on your property. Your Woodbury homeowners insurance offers financial protection when you damage property or cause an injury. It can help pay for medical bills, repairs, or other related expenses. And it can even help you pay for attorney fees if you are sued. 

If you're searching for the best Woodbury homeowners insurance, talk to an experienced independent agent. A local agent can provide multiple quotes and can help you find a plan that offers the right level of protection for your home and your unique risks.

Maple Grove, MN Home Insurance

The average monthly cost of home insurance in Maple Grove is $128. A number of personal variables help determine how much you pay for Maple Grove homeowners insurance. That's why your premium may be higher or lower than others in your neighborhood. Insurance companies consider the size and age of your home, its building materials, and other unique risks associated with your neighborhood and property to determine your monthly rate.

Hailstorms are a distinct peril for homeowners in Maple Grove. Hail can cause thousands of dollars in damage to your home’s exterior, and unfortunately, you can’t control the weather. What you can control is buying the right Eagan home insurance policy so you can be sure that all of your weather risks are covered. 

When you buy home insurance through a captive insurance agent who only works for one insurance company, you'll have limited options and a cookie-cutter rate. Independent agents, however, can help you shop quotes from multiple companies, giving you access to customized Eagan home insurance coverage that covers your risks and fits within your budget.