How to find cheap home insurance in Minnesota


Homeowners insurance isn't required, but it is important. A home insurance policy keeps your personal items protected. A home insurance policy defends your home and your items in the event of a number of circumstances, such as wind damage, fire, theft, vandalism, and more.

Unlike car insurance, home insurance is not priced based on state laws. Even so, major discrepancies exist in homeowners insurance costs on a state-by-state basis. Home insurance costs in states differ depending on the number of — and value of — home insurance claims filed across the state, and also on the value of the belongings and property you're covering.

The easiest way to find a cheap homeowners insurance policy in Minnesota is to shop around and compare rates from as many insurance companies as you can. Learn more about homeowners insurance costs in Minnesota by referencing the below data. Remember: your rates may differ, depending on your coverage limits.

Home insurance in Minnesota:
  1. By company
  2. By city
  3. Rates by coverage level
  4. Rates by deductible amount
  5. How to bundle home and auto insurance
  6. FAQs

Homeowners insurance rates in Minnesota by company

Homeowners insurance rates in Minnesota differ depending on which insurance company you use. Liberty provides the most affordable homeowners insurance in Minnesota — $1,046 each year. This compares favorably to the state mean rate of $1,773, providing a $727 discount on the typical rates in the state.

Get a head start on looking for home insurance by reviewing the cheapest Minnesota carriers, listed below.

InsurerAverage Yearly Rate in Minnesota
Western National$1,120
North Star$1,405

Minnesota home insurance prices: by city

Not all Minnesota cities have equal homeowners insurance rates. Prices depend on local variables such as the likelihood of weather-related claims in the area, meaning your ZIP code could have a major impact on how much you pay.

The cheapest home insurance in Minnesota is found in Rochester. In Rochester, the typical home insurance policy costs $1,682 every 12 months — $91 less than the average homeowners policy in other Minnesota cities. Reference the below table to see the cheapest cities in Minnesota for home insurance.

CityAverage 12-Month Home Insurance Rate
Maple Grove$1,870

Homeowners insurance prices in Minnesota by coverage level

The amount of homeowners coverage you select has an impact on your insurance rates. In Minnesota, carrying $200,000 dwelling coverage costs an average of $1,312 per year, while maintaining coverage up to $400,000 costs as much as $2,256 per year.

Coverage LevelAverage Annual Cost
$100,000 Dwelling$846
$200,000 Dwelling$1,312
$250,000 Dwelling$1,561
$400,000 Dwelling$2,256

Homeowners insurance deductibles in Minnesota

Among the numerous choices faced by homeowners when buying an insurance policy is where to set the deductible. A homeowners deductible is how much your insurance requires you to pay out of pocket toward a claim. The deductible level you choose can change how much you pay in insurance premiums.

When considering your deductible, a good rule of thumb is that the lower your deductible, the higher your premiums. This means that those seeking lower insurance costs will want to consider a higher homeowners deductible. Keep in mind that your deductible should only be set as high as you can reasonably pay if you suffer a loss.

Below are some commonplace deductible options offered on most home policies as well as with related average insurance costs.

Deductible AmountAverage Annual Home Insurance Rate

Home and auto insurance bundles in Minnesota

If you want to save, consider purchasing your home and auto policies from the same insurance company. A home and auto insurance bundle in Minnesota can save you a substantial sum each month on auto insurance. In fact, bundling policies in Minnesota leads to a yearly discount of $156.


Avg. Annual Rate (No Bundle)

Avg. Annual Rate (w/ Bundle)

Annual Savings ($)

Annual Savings (%)


One of the best ways to save on auto insurance is to bundle policies. Compare rates today!


Looking for information on homeowners insurance in a specific city? Check out our breakdown of large Minnesota cities:

  1. Minneapolis
  2. St. Paul

Minnesota homeowners insurance FAQs


Does homeowners insurance cover an improperly installed metal roof in Minnesota?

Homeowners insurance will not cover an improperly installed metal roof because it wasn't caused by an unpredictable, sudden event. You would need to dispute this with the original installer of the metal roof.

Who holds homeowners insurance companies accountable in Minnesota?

Other than the insurance commissioner of Minnesota, the National Association of Insurance Commissioners (NAIC) is the regulatory body that governs insurance state-by-state on a national level.

Ross Martin
Ross Martin LinkedIn

As a licensed insurance agent, Ross is responsible for researching and writing about all matters related to insurance. He has a background in writing and education, as well as a master's degree from Royal Holloway, University of London. He has been quoted by CNET, and Kin Insurance.

About The Zebra

The Zebra is not an insurance company. We’re an independent, unbiased partner for consumers, on a mission to help you compare insurance options apples-to-apples, so you can make a truly informed decision. We’re proud because: