Average home insurance cost in Minnesota
Minnesota lands in the pricier half of the table at #37 of 51, about 45% above the national average — roughly $1,125 more per year than the typical American homeowner pays.
The single most reliable way to cut your premium is comparing quotes — the gap between the cheapest and priciest carrier for the same coverage regularly exceeds $1,000 a year.
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How Minnesota compares with its neighbors
| State | Annual premium | Difference vs MN |
|---|---|---|
| Minnesota | $3,615 | — |
| Wisconsin | $2,175 | −$1,440/yr |
| Iowa | $3,765 | +$150/yr |
| North Dakota | $3,510 | −$105/yr |
| South Dakota | $3,965 | +$350/yr |
Minnesota home insurance FAQ
How much is homeowners insurance in Minnesota?
Home insurance in Minnesota averages $3,615 per year — about $301 per month — for a benchmark policy with $400,000 in dwelling coverage, $300,000 liability and a $1,000 deductible. Your rate depends on your home's age, construction, location and claim history.
Is home insurance in Minnesota more expensive than average?
Yes. Minnesota's average of $3,615/year runs about 45% above the U.S. average of $2,490/year, ranking #37 of 51 (1 = cheapest).
How can I lower my home insurance bill in Minnesota?
The four moves that reliably work: compare quotes from at least three carriers (the biggest lever — gaps of $1,000+ per year for identical coverage are common), raise your deductible to an amount you could cover in an emergency, bundle home and auto with one carrier for a 10–25% discount, and ask about discounts for wind-resistant roofing, monitored security systems and claim-free history.
The single most reliable way to cut your premium is comparing quotes — the gap between the cheapest and priciest carrier for the same coverage regularly exceeds $1,000 a year.
Compare home insurance quotesWe may earn a commission if you request quotes through this link. It costs you nothing and never affects the data we publish.