Average homeowners insurance cost in Duluth, Minnesota

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

In Duluth, homeowners pay an average annual rate of $2,288 for a coverage level that includes $300,000 for dwelling, $100,000 for liability protection, and a $1,000 deductible, according to our data. This is $294 less than the national average of $2,582 .

Homeowners insurance premiums can vary significantly from one property to another. In Duluth, the cost of home insurance is influenced by several factors, including:

Size of your home
Age of your home
Amount of coverage required
Location
Your credit score

West Bend Mutual is the cheapest homeowners insurance company in Duluth with an average annual premium of $1,308 per year.

This guide covers everything from available coverage options to companies with the cheapest homeowners insurance rates in Duluth. Keep reading to learn about the monthly cost of homeowners insurance in Duluth, the cost for different dwelling coverage levels, and which companies provide the most affordable home insurance in Duluth.

Key Takeaways

The cost of your homeowners insurance policy in Duluth can vary based on factors such as your location, the value of your home, and the coverage options you select.
West Bend Mutual is the cheapest homeowners insurance company in Duluth with an average annual premium of $1,308 .
If you increase your dwelling coverage from $200,000 to $300,000, you will pay $562 more annually for home insurance.

Average homeowners insurance cost in Duluth per month

Duluth homeowners pay an average of $191 a month. It’s $9 less than the state average of $200 and $24 less than the national average for home insurance across the nation. The price of your homeowners insurance policy in Duluth may vary depending on where you live, the value of your home, and the coverage you choose.

Average homeowners insurance cost for a $200,000 house

In Duluth, MN, homeowners pay an average of $1,726 annually for a $200,000 house. The amount you pay for home insurance each year depends on factors such as natural disasters or events within your locality.

Some regions are more at risk for natural disasters, like floods, hurricanes, or tornadoes, implying higher rebuilding rates in these areas, resulting in costlier insurance premiums. It’s essential to note that your insurance policy might not cover damages caused by floods or hurricanes. If you reside in an area prone to flooding, consider buying flood insurance.

Average homeowners insurance cost for a $300,000 house

As per rate analysis by Insure.com, homeowners residing in Duluth typically pay an average of $2,288 annually to insure a home for coverage limits of $300,000 dwelling, $100,000 liability protection with a $1,000 deductible.

Your home insurance rates will be increased by $562 if you increase your dwelling coverage from $200,000 to $300,000. It is advisable to buy enough insurance to cover the entire cost of rebuilding your home. However, the amount of dwelling coverage you need may vary depending on the size of your home, the features in your home, and the cost of living in your area.

Average homeowners insurance cost in Duluth by company

Among the carriers we analyzed, West Bend Mutual is the most affordable homeowners insurance company in Duluth, offering an average annual rate of $1,308 , while Automobile Club MI (AAA) ranks second.

Researching a company thoroughly before selecting a homeowners insurance policy is essential – and we can help with that. We took a close look at all the insurance companies serving Duluth and put together a list of the most affordable ones.

Here’s a look at the top home insurance companies in Duluth and what you can expect to pay with each one on average.

Home Insurance Company	Annual rate
West Bend Mutual	$1,308
Automobile Club MI (AAA)	$1,621
Auto-Owners	$1,634
Western National Mutual	$1,793
North Star Mutual	$1,910
Farmers	$2,206
State Farm	$2,386
Country Financial	$5,417
American Family	$2,403

Many insurance companies offer discounts to customers who bundle their policies. By combining your home insurance policy with other policies, such as auto insurance, you can lower your premiums and simplify your insurance management with one provider.

Natural disasters in Minnesota that can impact your home insurance

Living in Minnesota means facing the risk of natural disasters that can seriously damage your home and belongings. These events can lead to expensive repairs and major insurance claims. That’s why it’s so important to understand which disasters are most likely in your area before choosing a home insurance policy.

Being aware of your local risks helps you choose the right level of protection, from setting appropriate coverage limits to deciding on deductibles or adding extra coverage. Taking the time to tailor your policy to those risks can help you avoid being underinsured and give you peace of mind if you’re impacted by a natural disaster.

Minnesota is commonly affected by Cold wave, Strong wind and Winter weather.

How home insurance protects you against natural disasters

Home insurance protects your property and belongings from the financial impact of natural disasters. Home insurance can help pay for structural damage repairs, replace lost or damaged items, and provide funds for temporary housing if you can’t live in your home. This coverage provides financial relief, making it easier for homeowners to recover quickly from the effects of natural disasters.

While standard policies generally cover damage from windstorms, hail and lightning, additional coverage is required for disasters like floods, earthquakes and wildfires.

These types of damage are usually not covered by homeowners insurance, so homeowners need to buy separate flood or earthquake insurance to ensure complete protection.

Make sure your coverage is disaster-ready

The best time to review your homeowners insurance is before a storm hits. If you’ve made upgrades to your home or live in a disaster-prone area, you may need more coverage than you think. A quick policy check now can prevent big financial losses later.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Duluth for $300,000 dwelling coverage and $100,000 liability coverage with a $1000 deductible. The data presented are those with a good credit tier alignment.

How much is home insurance in other cities?

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.