Minnesota Home Insurance Quotes
At HomeInsurance.com, we know how tedious it can be to waste hours of your time looking for Minnesota home insurance quotes. That's why we wanted to make it easy. With HomeInsurance.com, you get to work one-on-one with a licensed, unbiased agent who is able to give you not one but up to six quotes from top carriers in Minnesota. When you take a second to fill out the quote form above, an agent will help you find a policy with top notch coverage at a competitive rate.
Our most recent Minnesota home insurance quotes!
Want an idea of how much you could save on Minnesota home insurance premiums? Below are the details of the last five policies written in Minnesota by HomeInsurance.com agents. Don't forget that square footage, location, and other factors can affect the premium.
|Home 1||Home 2||Home 3||Home 4||Home 5|
|Premium with Auto Discount||$1,022†||$1,568†||$1,042†||$961†||$728†|
|Discounts|| || || || || |
|Primary Heat Source||Central Gas||Central Gas||Central Gas||Central Gas||Central Gas|
Don't let your Minnesota neighbors get all the savings. Get quoted your own low premium today. Just enter your ZIP code in the form above or call us directly at 1-877-295-3422 to get Minnesota home insurance quotes customized just for you by one of our friendly agents.
Home insurance rates in Minnesota
Homeowners in Minnesota are paying around $988.00 for home insurance as of February of 2014. Rates have decreased since January when Minnesota homeowners insurance premiums were approximately $998.00. The rate of $988/year reflects standard coverage and does not include flood or earthquake damage which is covered under a separate policy. Read more about flood insurance.
Average Premiums for Home Insurance In Minnesota
|Feb 2014||Jan 2014||Dec 2013||Nov 2013||Oct 2013|
Even if average Minnesota home insurance rates decrease, that doesn't mean you can't save more on your own home insurance premium. Make it a point to shop annually for coverage and take advantage of available discounts. Homeowners can often save up to 20% by bundling their home and auto policies with one carrier and save up to 10% by having a security alarm installed in their home. Here are some other common price breaks you can ask about:
- Claims-free discount
- 55, retiree discount
- Nonsmoker discount
- New home discount
Don't be afraid to ask about even more available discounts - especially bundling home and auto coverage. Our agents love to help you save!
Minnesota rates vs. U.S. rates
Minnesota policyholders paid an average of $988 compared to the national average of $815 for their home insurance premiums. Keep in mind premiums vary by location, square footage and a variety of other factors.
Minnesota home insurance rates by county
Want to see how other county's home insurance rates compare to the state average. Check out the chart below to see how average insurance premiums in your county compare to the average rates in your state.
Standard Minnesota homeowners insurance coverage
- Dwelling: Protects your home's structure against covered perils such as fire and wind. Your dwelling coverage should be enough to replace your home in the event of a complete loss.
- Other Structures: Standard Minnesota homeowners insurance policies offer protection for structures on your property such as detached garages, sheds, fences, etc.
- Contents/Personal Property: Offers protection from covered perils for the personal possessions insurance your home such as electronics, furniture, clothing, jewelry, etc. You may need to purchase additional coverage if you own high values items because the standard coverage may not fully cover them.
- Loss of Use: In the event your home becomes partially or entirely uninhabitable due to a covered peril, your loss of use coverage would reimburse you for living expenses incurred while being temporarily displaced.
- Personal Liability Protection: Provides financial protection in the event a visitor is injured on your property and decides to sue you.
- Medical Payments: Reimburses you for medical bills if someone is hurt on your property and doesn't plan to sue you.
Floods are common in Minnesota, in part because the state is prone to tornadoes. Did you know standard Minnesota homeowners insurance policies do not offer coverage for flood damage? Homeowners who need flood protection can purchase a separate policy through the National Flood Insurance Program. For homes located in flood plains, flood insurance is a necessity. For homes not located in flood plains, flood insurance should still be considered.
Weather can be unexpected and homeowners in the Northeast whose homes were damaged by the rising waters from Superstorm Sandy are a testament to that. Learn more about the National Flood Insurance Program here.
Other weather threats in the state include lightning-sparked fires, damaging hail, and strong winds. All typically can be covered by standard home insurance.
Review your home insurance policy and see what perils are covered and which are not. You may need to adjust your coverage in order to have full protection. Refer back to your policy and contact your agent if you ever have questions regarding your coverage.
For more information on insurance in Minnesota, visit the Minnesota Department of Insurance website.
Other Minnesota homeowners resources
Have more questions about home insurance? Check out our frequently asked questions page and get some answers.
Insurance experts recommend homeowners keep inventory of all the contents in their home. Download and print our free inventory checklist and get started today!
Do you know how much dwelling coverage you need for your home? Find out with our home insurance calculator.
Find home insurance in your city
Click on your city or the one closest to you for more information on Minnesota homeowners insurance.