Minnesota homeowners insurance calculator

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Homeowners in Minnesota pay an average of $2,729 annually for home insurance. However, your actual premium will be determined by where you live, what it would cost to rebuild, the coverage limits you choose, and your deductible.

If you’re looking for a quick estimate, our Minnesota homeowners insurance calculator shows how your dwelling coverage, liability limits, and deductible levels each affect your premium. You can also see how different insurers compare against each other and against the state average.

Whether you’re in the process of buying a home, taking a fresh look at your existing policy, or simply trying to find a better rate, the calculator gives you a useful reference point before you start reaching out for quotes.

How can I lower my homeowners insurance premium in Minnesota?

Compare quotes from several insurers before committing – rates for identical coverage can vary more than you might expect.
Consider raising your deductible – accepting a higher out-of-pocket cost in a claim usually brings your annual premium down.
Bundle your home and auto policies with the same insurer to take advantage of multi-policy discounts.
Add safety features to your home, such as smoke detectors, deadbolt locks, or a security system – these can qualify you for additional savings.

How to use the Minnesota home insurance calculator

Our calculator is built to give you a fast, personalized cost estimate for homeowners insurance in Minnesota. Enter a few key details, and you’ll have a working figure in minutes. Here’s how:

Select your state. Choose Minnesota to pull rates relevant to your location.
Enter your dwelling coverage amount. This reflects what it would cost to fully rebuild your home.
Choose your liability limit. This covers you if someone is injured on your property or you accidentally damage someone else’s belongings.
Set your deductible. The amount you’d pay out of pocket before your policy kicks in.

Once you’ve filled in your details, the calculator will display:

The average annual homeowners insurance rate in Minnesota
The highest and lowest rates found in our data
A list of insurers in Minnesota alongside their typical annual premiums

It’s a practical way to get a cost estimate and size up your options.

Minnesota home insurance calculator

See how the average annual home insurance rates vary with the options chosen.

State

Minnesota

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Dwelling coverage

Liability coverage

Deductible

Standard ($2500)

Standard ($2500)Standard ($1000)

Average annual home insurance rates in
Minnesota

$2,781 Average rate

Average rate

$2,781/Yr

Lowest rate

$1,702/Yr

Highest rate

$5,548/Yr

Rates by carriers in Minnesota

Company	Average annual rate
Auto Club Group - ACG (AAA)	$1,702
West Bend Insurance Company	$1,926
North Star Mutual	$2,020
Farmers	$2,517
Auto-Owners	$2,620
State Farm	$2,771
American Family	$3,141
Country Financial	$5,548

Methodology

Insure.com commissioned Quadrant Information Systems to analyse home insurance rates from major insurers in the U.S. The analysis includes over 37 million quotes from 134 companies across more than 34,000 ZIP codes, using standardized coverage levels to calculate national averages. 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

Key Takeaways

The average homeowners insurance premium in Minnesota is $2,729 per year, which is more expensive than the national average of $2,543.
Premiums vary depending on your home’s location, age, size, estimated rebuild cost, and the coverage limits you choose.
Floods, earthquakes, and similar climate-related events are not covered under a standard homeowners policy – residents in high-risk areas should look into separate coverage.
Because rates differ meaningfully between insurers, shopping around and comparing quotes is one of the most effective ways to reduce costs.

What affects your homeowners insurance premium?

Several variables influence what you’ll pay, including your home’s location, age and construction type, your claims history, and the coverage options you choose.

Dwelling coverage. The estimated cost to rebuild your home, accounting for its size, materials, and local construction rates.
Liability coverage. Covers you financially if someone is hurt on your property or you cause accidental damage to another person’s property.
Deductible. What you contribute before your insurance pays out. A higher deductible lowers your premium, but increases your upfront costs when a claim arises.

Check your credit score

In some states, insurers use a credit-based insurance score as one of their pricing factors – and it can have a meaningful effect on your premium. Depending on where you live, keeping your credit in good shape by paying bills on time and managing debt levels can work in your favor when it comes to renewal time.

How does dwelling coverage affect homeowners insurance in Minnesota?

Dwelling coverage determines how much your insurer will pay toward repairing or rebuilding your home after a covered event. The coverage level you choose has a direct effect on your premium – more coverage means higher costs. Even so, selecting an amount that genuinely reflects your home’s full rebuild value is important, since being uninsured can leave you with substantial out-of-pocket expenses after a major loss.

Average annual and monthly premiums by dwelling coverage amount are shown in the table below.

Dwelling coverage	Average annual rate	Average monthly rate
$200,000	$1,992	$166
$300,000	$2,729	$227
$400,000	$3,472	$289
$600,000	$4,966	$414
$1,000,000	$7,125	$594

Average cost of homeowners insurance in Minnesota

The average cost of homeowners insurance in Minnesota is $2,729 per year – more expensive than the national average of $2,543.

That estimate is based on a standard policy with:

$300,000 in dwelling coverage
$300,000 in liability protection
$1,000 deductible

But remember – how much you actually pay could be higher or lower. Things like where your home is located, its age and size, and how much it would cost to rebuild all play a big role in what you’ll actually pay.

Average cost of home insurance in major Minnesota cities

Home insurance rates in Minnesota can differ quite a bit from one city to the next. Homeowners in Duluth tend to pay among the lowest rates in the state, while those in Minneapolis face some of the highest.

The table below shows average annual premiums across major cities in Minnesota.

City	Average annual rate	Average monthly rate
Blaine	$2,936	$245
Bloomington	$3,111	$259
Brooklyn Park	$3,005	$250
Duluth	$2,390	$199
Lakeville	$2,868	$239
Minneapolis	$3,349	$279
Plymouth	$2,990	$249
Rochester	$2,574	$214
St. Paul	$3,050	$254
Woodbury	$2,947	$246

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in Minnesota by city

See rates in your city

How do natural disasters affect homeowners insurance rates in Minnesota?

Your home’s geographic location plays a significant role in what you pay for insurance. Properties in areas with a higher likelihood of flooding, wildfires, hurricanes, or tornadoes tend to carry higher premiums, as they represent a greater claims risk for insurers.

It’s also important to know that standard homeowners policies exclude these events. Depending on where your home is located, you may need separate policies or endorsements for:

Flooding
Wildfires
Hurricanes
Tornadoes

Adding this protection increases your overall insurance costs, but it also means you won’t be facing major repair or rebuilding expenses entirely on your own after a disaster.

What our expert says

Q: What additional coverage should homeowners buy?

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.”

Frequently asked questions

What is the average cost of homeowners insurance in Minnesota?

Homeowners in Minnesota pay an average of $2,729 per year. Your individual premium will depend on your home’s location, construction type, age, replacement cost, and the coverage limits and deductible you choose.

How much homeowners insurance coverage do I need in Minnesota?

Dwelling coverage should be set at a level that would cover a complete rebuild of your home. For liability, choose a limit that adequately protects your financial assets if you’re held responsible for injury or property damage. Homeowners with considerable savings or valuable assets may want to consider higher limits or additional endorsements.

Does increasing my deductible lower homeowners insurance costs?

It does. A higher deductible shifts more of the initial claim cost to you, which allows insurers to offer a lower premium in return. Before raising your deductible, make sure the amount you’d owe in a claim is something you could realistically manage out of pocket.

Methodology

Insure.com commissioned homeowners insurance rates from Quadrant Data Services in late 2025, covering policies with dwelling coverage ranging from $200,000 to $1 million and liability coverage of $100,000 and $300,000. Sample rates were based on a $1,000 deductible and a 2% hurricane deductible where applicable.

Calculate home insurance premium in other states

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Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.