Average home insurance cost in Minnesota

The average cost of homeowners insurance in Minnesota is $2,420 a year or $202 a month. This is based on coverage of:

  • $300,000 dwelling
  • $300,000 liability
  • $1,000 deductible.

However, the average annual premium varies by the insurance company, your ZIP code, coverage type, your home's age, among other factors. It’s a good idea to compare price quotes from different Minnesota homeowners insurance companies to get the best deal.

Best home insurance companies in Minnesota

The best home insurance company in Minnesota is Auto-Owners, followed by State Farm and Automobile Club MI (AAA).

Below is a full list of the top Minnesota insurance companies based on price, NAIC complaints, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.

Best home insurance companies in Alaska
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Best home insurance companies in Minnesota
CompanyAM BestNAIC complaint ratioInsurance.com scoreAverage annual rate
Auto-OwnersA++0.374.87$1,557
State FarmA++0.833.90$2,574
Automobile Club MI (AAA)A0.293.83$1,845
Country FinancialA+0.263.54$5,166
American FamilyA0.803.23$2,447
FarmersA0.672.92$2,679
Data updated in 2024

Cheapest home insurance companies in Minnesota

Below are Minnesota home insurance rates by company for six different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible. Based on our rate analysis, you’ll see Auto-Owners has the most affordable rates in most categories.

Cheapest home insurance rates in Minnesota by coverage level
Company$200,000$300,000$400,000$600,000$1,000,000
Auto-Owners$1,282$1,557$1,847$2,408$5,302
Western National Mutual$1,278$1,641$2,052$3,041$4,960
West Bend Mutual$1,237$1,686$1,974$2,867$5,001
Automobile Club MI (AAA)$1,393$1,845$2,588$4,065$7,676
North Star Mutual$1,418$1,925$2,586$3,910$6,527
American Family$1,774$2,447$3,107$3,791$3,883
State Farm$1,981$2,574$3,072$4,472$6,796
Farmers$1,957$2,679$3,306$4,898$8,096
Country Financial$4,000$5,166$6,150$8,732$13,859
Data updated in 2024

Minnesota home insurance rates by ZIP code

Home insurance rates can vary widely depending on where the home is located. We compared home insurance rates by ZIP code in Minnesota to see which areas are the most and least expensive.

Enter your ZIP code and desired coverage level in the search box to see the average home insurance rate for that area. You will also see the highest and lowest premiums from major home insurers. This will give you an idea of how much you can save by comparing home insurance rates. The difference between the highest rate and the lowest rate is how much you could save by shopping around.

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Average home insurance rates in Texas
Please enter valid zip code
$200,000
$200,000 $300,000 $400,000 $600,000 $1,000,000
$100,000
$100,000 $300,000
Standard ($1000)
Standard ($1000) Hurricane (2% of insured value)

Most & least expensive ZIP codes for homeowners insurance in Texas

ZIP codeCityHighest rate
77550Galveston$10,164
77586El Lago$9,906
77551Galveston$9,536
77554Galveston$9,358
ZIP codeCityLowest rate
78559Iglesia Antigua$1,956
78593Santa Rosa$1,999
79915El Paso$2,008
79905El Paso$2,009
Data updated in 2024
Read our methodology

The Minnesota Department of Insurance says...

Minnesota law prohibits insurance companies from adjusting rates based solely on:

  • The geographic location of a town in which the home is located.
  • The age of the home construction (may offer one or more discounts for renovated systems as noted above).
  • Different zip code areas in the same town.
  • The fact that the homeowner may have previously been denied coverage for the property unless it was for reasons stated in Minnesota Statute §65A.01.
  • The fact that the property has previously been insured under the Minnesota FAIR Plan.
- The Minnesota Department of Insurance

The most expensive ZIP codes in Minnesota for home insurance

Minnesota homeowners insurance rates are the most expensive for ZIP code 55417 with an average annual cost of $2,706.

The most expensive ZIP codes in Minnesota are:

ZIP codeAverage Annual Premium
55417$2,706
55412$2,677
55411$2,676
55405$2,675
55408$2,673
55423$2,673
Data updated in 2024

The least expensive ZIP codes in Minnesota for home insurance

The cheapest ZIP codes for home insurance in Minnesota are:

ZIP codeAverage annual rate
56601$2,211
56623$2,213
56671$2,216
56447$2,217
56686$2,221
56754$2,223
Data updated in 2024

Minnesota homeowners insurance rates by county

CountyAverage annual premiumAverage monthly premium
Aitkin$2,372$198
Anoka$2,549$212
Becker$2,286$191
Beltrami$2,233$186
Benton$2,385$199
Big Stone$2,467$206
Blue Earth$2,487$207
Brown$2,467$206
Carlton$2,329$194
Carver$2,535$211
Cass$2,254$188
Chippewa$2,532$211
Chisago$2,453$204
Clay$2,344$195
Clearwater$2,249$187
Cook$2,286$191
Cottonwood$2,496$208
Crow Wing$2,251$188
Dakota$2,569$214
Dodge$2,350$196
Douglas$2,361$197
Faribault$2,518$210
Fillmore$2,353$196
Freeborn$2,470$206
Goodhue$2,425$202
Grant$2,392$199
Hennepin$2,611$218
Houston$2,340$195
Hubbard$2,257$188
Isanti$2,424$202
Itasca$2,332$194
Jackson$2,496$208
Kanabec$2,433$203
Kandiyohi$2,419$202
Kittson$2,270$189
Koochiching$2,308$192
Lac Qui Parle$2,517$210
Lake$2,266$189
Lake of the Woods$2,229$186
Le Sueur$2,418$202
Lincoln$2,555$213
Lyon$2,560$213
Mahnomen$2,303$192
Marshall$2,274$190
Martin$2,503$209
Mcleod$2,437$203
Meeker$2,443$204
Mille Lacs$2,434$203
Morrison$2,310$192
Mower$2,387$199
Murray$2,512$209
Nicollet$2,450$204
Nobles$2,501$208
Norman$2,310$193
Olmsted$2,286$191
Otter Tail$2,368$197
Pennington$2,232$186
Pine$2,390$199
Pipestone$2,494$208
Polk$2,297$191
Pope$2,375$198
Ramsey$2,603$217
Red Lake$2,294$191
Redwood$2,508$209
Renville$2,517$210
Rice$2,442$204
Rock$2,473$206
Roseau$2,262$188
Scott$2,566$214
Sherburne$2,519$210
Sibley$2,451$204
St. Louis$2,302$192
Stearns$2,338$195
Steele$2,440$203
Stevens$2,427$202
Swift$2,464$205
Todd$2,341$195
Traverse$2,417$201
Wabasha$2,374$198
Wadena$2,311$193
Waseca$2,458$205
Washington$2,586$216
Watonwan$2,514$210
Wilkin$2,344$195
Winona$2,354$196
Wright$2,495$208
Yellow Medicine$2,556$213
Data updated in 2024

Compare Minnesota homeowners insurance rates with other states

Alabama
$3,066/year
Alaska
$1,799/year
Arizona
$1,966/year
Arkansas
$4,073/year
California
$1,380/year
Colorado
$3,388/year
Connecticut
$2,100/year
Delaware
$1,389/year
Florida
$4,218/year
Georgia
$2,163/year
Hawaii
$582/year
Idaho
$1,892/year
Illinois
$2,604/year
Indiana
$2,721/year
Iowa
$2,402/year
Kansas
$4,665/year
Kentucky
$3,163/year
Louisiana
$3,481/year
Maine
$1,407/year
Maryland
$1,630/year
Massachusetts
$1,518/year
Michigan
$2,607/year
Mississippi
$3,398/year
Missouri
$3,349/year
Montana
$2,874/year
Nebraska
$4,624/year
Nevada
$1,457/year
New Hampshire
$1,144/year
New Jersey
$1,299/year
New Mexico
$2,542/year
New York
$1,728/year
North Carolina
$2,768/year
North Dakota
$2,946/year
Ohio
$2,017/year
Oklahoma
$4,945/year
Oregon
$1,503/year
Pennsylvania
$1,760/year
Rhode Island
$1,774/year
South Carolina
$2,727/year
South Dakota
$3,529/year
Tennessee
$2,870/year
Texas
$4,142/year
Utah
$1,421/year
Vermont
$1,175/year
Virginia
$1,999/year
Washington
$1,659/year
West Virginia
$1,801/year
Wisconsin
$1,508/year
Wyoming
$1,801/year
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