Home Home insurance Calculators Homeowners insurance calculator Minnesota homeowners insurance calculator Minnesota homeowners insurance calculator While Minnesota's homeowners insurance rates are below average, where you live and factors related to your home can impact what you pay. Higher coverage levels and large urban areas tend to raise rates above the average. View Carriers Please enter valid zip Compare top carriers in your area Written by Tonya Sisler Tonya Sisler Tonya Sisler's work focuses on making car insurance and financial topics clear, accessible and actionable for consumers. | Reviewed by Leslie Kasperowicz Leslie Kasperowicz Leslie Kasperowicz is an insurance expert and the executive editor of Insurance.com. Before joining QuinStreet, she was managing editor at Quote.com has a decade of experience writing about insurance. She also spent four years in customer service with Farmers Insurance. | Expert insight from Amy Bach Amy Bach Executive Director of United Policyholders.Go to comment | Posted on: August 8, 2024 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. Home insurance in Minnesota is $181 a year lower than the national average. However, homeowners in some parts of the state will pay rates above or below that average. Given the prevalence of natural disasters in many areas of the state, it’s crucial for Minnesota residents to carry enough homeowners insurance to replace their homes if necessary. Homeowners may also need to add flood insurance if they live in a floodplain or an area that experiences heavy snowmelt. “For those who live near any body of water or at the base of a hill, get a quote for flood insurance and buy it if you can afford it,” says Amy Bach, executive director of United Policyholders, a non-profit consumer group. Our Minnesota home insurance calculator will help you compare rates in your area for the coverage you need. Minnesota home insurance calculator See how the average annual home insurance rates vary with the options chosen. State Minnesota AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington, D.C.West VirginiaWisconsinWyoming Dwelling coverage Dwelling coverage pays for the rebuilding or repair of your physical home structure. Choose an amount that would cover the cost of rebuilding your home. $200K$300K $400K$600K$1M Liability coverage Covers the medical expenses of people who are hurt while in your home or on your property, as well as damage you caused to others' property. Also covers legal fees if you are sued by someone hurt in your home or on your property. Limits of $300,000 or $500,000 are recommended. $100K $300K Deductible The deductible is the amount you're responsible for paying out of pocket before your insurance begins to cover the remaining costs of a claim. Standard ($1000) Average annual home insurance rates in Minnesota $2,376 Average rate Average rate $2,376/Yr Lowest rate $1,242/Yr Highest rate $5,604/Yr Rates by carriers in Minnesota Company Average annual rate Auto-Owners $1,550 Western National Mutual $1,631 West Bend Mutual $1,680 Automobile Club MI (AAA) $1,839 North Star Mutual $1,914 American Family $2,441 State Farm $2,567 Farmers $2,606 Country Financial $5,156 Methodology Insure.com commissioned Quadrant Information Systems to field home insurance rates from major insurers in each state for nearly all ZIP codes in the country for 10 coverage levels based on various dwelling and deductible limits. The homeowner profile is a 35-year-old married applicant with excellent insurance score; new business HO3 policy for house built in 2000 with frame construction and composition roof. Other Structures: 10%. Loss of Use defaulted: 10%. Guest Medical limit: $5,000. Deductible limit: $1,000. Personal property: 50% of dwelling coverage for replacement value Last calculator data updated on: 2025Powered by: Key Takeaways Minnesota homeowners insurance rates are $2,420 a year for $300,000 in dwelling and liability coverage with a $1,000 deductible. Rates may increase due to location and the frequency of severe weather. Minneapolis has the most expensive homeowners rates on average among major cities in Minnesota. How to use the Minnesota home insurance calculator Average homeowners insurance rates vary based on location, specifics of the home and coverage limits. Use the home insurance calculator to see average costs in Minnesota for your needs. Here’s how: Choose how much dwelling coverage you need; round up to the next closest level in the calculator. Make sure it’s high enough to cover rebuilding your home if necessary. Choose your liability coverage. Standard home insurance policies include $100,000 in liability, but experts recommend at least $300,000, more if you have a lot of assets to protect. Choose your deductible. The deductible is the amount you pay when you file a claim, and a higher deductible means lower rates. However, you should be sure you can pay it if you need to. How does dwelling coverage affect homeowners insurance in Minnesota? Dwelling coverage pays for repairs or rebuilding your home if it is damaged by a covered event, such as hail or fire. Although increasing coverage also raises rates, carrying enough coverage is essential to rebuild your home if necessary. Your dwelling coverage should match the replacement cost value of your home. The table below shows average Minnesota home insurance rates for various dwelling coverage amounts, all with $300,000 in liability coverage and a $1,000 deductible. Dwelling coverageAverage annual rateAverage monthly rate$200,000$1,828$152$300,000$2,420$202$400,000$2,999$250$600,000$4,308$359$1,000,000$7,020$585 Powered by: Average homeowners insurance cost in Minnesota The average homeowners insurance cost in Minnesota is $2,420 a year for $300,000 in dwelling and liability coverage with a $1,000 deductible, which is slightly below the national average of $2,601. Many factors can affect your premiums, so you may pay more or less than the average. For example, your rates may be higher if you live in an area prone to severe storms. Additionally, you may need to purchase separate flood insurance if your area experiences flooding due to storms or snowmelt. Your home’s age and building materials may also increase home insurance rates. For example, a brick home may withstand damage better than a wood-sided house, which means fewer claims and lower rates. The table below shows the difference between Minnesota rates and the national average. Dwelling coverageLiabilityAverage annual rateDifference compared to the national average$300,000$300,000$2,420-$181 Powered by: Average cost of home insurance in major Minnesota cities Where you live in Minnesota also affects your homeowners insurance rates. For example, if you live in the northern part of the state, you may see higher rates due to regular severe winter weather. While Rochester has the cheapest average home insurance rates, Minneapolis has the highest rates. These higher rates may also be due to higher crime rates in a larger city. CityAverage annual rateAverage monthly rateBlaine$2,553$213Bloomington$2,626$219Brooklyn Park$2,565$214Duluth$2,308$192Lakeville$2,566$214Minneapolis$2,663$222Rochester$2,254$188St. Paul$2,610$217 Powered by: What our expert says Q: What additional coverage should homeowners consider? Amy BachExecutive Director of United Policyholders “For those who live near any body of water or at the base of a hill, get a quote for flood insurance and buy it if you can afford it.” Methodology Insure.com commissioned home insurance rates from Quadrant Data Services in late 2023 for a homeowners insurance policy with dwelling coverage levels ranging from $200,000 – $1 million and liability coverage of $100,000 and $300,000. Sample rates were requested using a $1,000 deductible and a 2% hurricane deductible where applicable. Tonya Sisler . .Tonya Sisler's work focuses on making car insurance and financial topics clear, accessible and actionable for consumers. 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By Les Masterson Mobile home insurance cost and coverage in 2026 By Chris Kissell Average homeowners insurance cost by ZIP code in 2026 By Barry Eitel Homeowners insurance rates by state By Jake Safane How to switch home insurance By Leslie Kasperowicz What is dwelling coverage and how much do you need? By Lena Borrelli On this page How to use the Minnesota home insurance calculatorHow does dwelling coverage affect homeowners insurance in Minnesota?Average homeowners insurance cost in MinnesotaAverage cost of home insurance in major Minnesota citiesWhat our expert saysMethodology ZIP Code Please enter valid ZIP See rates (844) 761-9316