Minnesota Home Insurance Costs (2026)

How much is homeowners insurance in Minnesota?

Homeowners insurance in Minnesota averages $272 a month for the house we priced, with rates as of Sept. 30, 2026. The 4 major insurers we compared are Auto-Owners, Farmers, American Family and State Farm, and each one priced our sample home in all 258 Minnesota ZIP codes in our data, which span 64 counties. For this house, Minnesota is the 20th most expensive of the 50 states and D.C.

Our figures are for a $300,000 dwelling; insuring a larger or costlier house for more usually costs more.

For the same insurers and ZIP codes, the Minnesota average rose 3.3% since Nov. 2025, from $3,157 a year ($263 a month) on Nov. 30, 2025, to $3,260 ($272) on Sept. 30, 2026, as Auto-Owners’ rose 13.1%, Farmers’ rose 5.2% and American Family’s didn’t change.

Homeowners insurance averages by insurer in Minnesota for our sample home (rates as of Sept. 30, 2026)

Auto-Owners averaged $206 a month ($2,473 a year), Farmers $216 ($2,589), American Family $300 ($3,602) and State Farm $365 ($4,376) for our sample home.

Same sample home: each insurer’s average yearly price in the same Minnesota ZIP codes, Nov. 30, 2025 and Sept. 30, 2026

All 4 insurers in the table priced the same 258 Minnesota ZIP codes on both dates.

By ZIP code: each insurer’s yearly price for the same house changed with the Minnesota address:

• Auto-Owners ran from $1,781 to $2,786 a year by ZIP code and priced all 258 Minnesota ZIP codes in our data.
• Farmers ran from $1,826 to $3,171 a year by ZIP code and priced all 258 Minnesota ZIP codes in our data.
• American Family ran from $2,500 to $4,280 a year by ZIP code and priced all 258 Minnesota ZIP codes in our data.
• State Farm ran from $3,560 to $4,917 a year by ZIP code and priced all 258 Minnesota ZIP codes in our data.

Who has the cheapest homeowners insurance in Minnesota?

Auto-Owners and Farmers were within about 4% of each other for our sample home, at $2,473 and $2,589 a year, so no one insurer stands out as the lowest; compare a few quotes for yours.

What changes your price: where the house sits, its value, age and roof, your deductibles, claims and credit, and whether you add a car. In Minnesota, ZIP code averages for this house ran from $216 a month in Duluth to $293 in St. Paul, while insurers’ statewide averages ran from $206 to $365.

Same house, different state: how does Minnesota compare?

Of Minnesota’s 4 neighbors, 2 have a higher average for the identical house and 2 a lower one: Minnesota’s $272 a month compares with $148 in Wisconsin and $313 in South Dakota.

Same sample home: average home insurance prices in Minnesota, neighboring states and the 50 states and D.C. (rates as of Sept. 30, 2026)

Same sample house in every state; each figure averages every insurer we priced there, so one high-priced insurer can lift a state’s average.

Of the other 49 states and D.C., 31 have a lower average for this house than Minnesota and 19 a higher one.

Compare all states: home insurance costs for the same house in all 50 states and D.C.

How much is homeowners insurance on a $300,000 house in Minnesota?

For a house with $300,000 of rebuilding coverage and a $1,000 deductible, homeowners insurance in Minnesota averages $272 a month ($3,260 a year) across the 4 insurers we compared in 258 ZIP codes (rates as of Sept. 30, 2026). That’s 5.1% above the $258-a-month average of the 50 states and D.C. for the same house. Insurers’ averages for that same house ran from $206 to $365 a month.

Why your Minnesota quote may differ from these prices

Use our one-house figures as a starting point when you compare homeowners insurance quotes for yours.

Your roof: Our sample house has a composition roof, and we priced it without a roof age. Insurers often charge more for older roofs, so ask how your roof’s age and material change your quote.

Your claims and credit: a recent claim, or weaker credit where an insurer uses it, can push a Minnesota quote above the $272 a month our claim-free, good-credit owner averages.

Your deductibles: our house has one $1,000 deductible for covered losses other than a hurricane. If your policy has a separate percentage deductible for wind and hail, your premium and your out-of-pocket cost after a storm will both differ from ours.

Why is Minnesota home insurance so high?

For our sample house, Minnesota is the 20th most expensive of the 50 states and D.C. That’s 5.1% above the $258-a-month average of the 50 states and D.C. Insurers’ Minnesota averages for the same house ran from $206 to $365 a month. Our figures don’t separate causes; these official records show what Minnesota homes face.

Hail is a big reason: Minnesota had 147 storms with large hail in 2020, the seventh most of any state, the Minnesota Department of Commerce reported.

How to find cheaper home insurance in Minnesota

For our sample home, Minnesota insurers’ statewide averages ran from $2,473 to $4,376 a year. These are the levers you control; how much each one moves a quote depends on the insurer and the house, and none of them comes with a promised price.

Compare at least three insurers: even one insurer’s price moves a lot by address: American Family’s for our sample home ran from $2,500 to $4,280 a year depending on the Minnesota ZIP code.

Price two deductibles: ask each insurer for the premium at your current deductible and one step higher, and keep any percentage wind and hail deductible in dollars in mind (2% of $300,000 is $6,000, about 22 months of Minnesota’s $272-a-month average premium).

Ask about a tougher roof and safety devices: impact-resistant roofing, smoke detectors, burglar alarms and dead-bolt locks are common discounts to ask about.

Bundle with care: some insurers take roughly 5% to 15% off when you buy home and car insurance together, the Insurance Information Institute says; compare both ways before you decide.

Keep the coverage you need: insuring at least 80% of the rebuilding cost protects you on partial losses, so a lower price that comes from a lower limit can cost you after a large claim.

Guard a clean record: our sample owner has no claims in 10 years, and the $272-a-month Minnesota average assumes that clean record; a recent claim can raise a quote.

How much is renters insurance in Minnesota?

Renters insurance for our sample renter averages $20 a month ($239 a year) in Minnesota. For our sample renter, prices among the 4 insurers we compared ranged from $12 to $27 a month, a $15-a-month gap for the same coverage.

Renters insurance averages by insurer in Minnesota for our sample renter (rates as of Sept. 30, 2026)

State Farm averaged $12 a month ($144 a year), Auto-Owners $17 ($199), American Family $25 ($295) and Farmers $27 ($320) for our sample renter.

State Farm had the lowest renters average for our sample renter of the insurers anyone can buy from, $12 a month ($144 a year), 27.4% below Auto-Owners’ $199 a year, the next of those insurers. Another insurer may be lower for your apartment, so compare quotes.

Minnesota’s renters average is the 25th most expensive of the 50 states and D.C., 6.5% below their average of $21 a month ($256 a year). Our sample renter’s policy costs about 7% of what our sample home costs to insure in Minnesota.

For the same insurers and ZIP codes, the Minnesota renters average fell 1.8% since Nov. 2025, from $244 to $239 a year, as Auto-Owners’ fell 8.0%, American Family’s didn’t change and Farmers’ didn’t change.

By ZIP code, the Minnesota renters average for our sample renter ran from $17 a month in Melrose (56352) to $23 in Minneapolis (55401).

Our sample renter lives in an apartment built in 2005 and insures $40,000 of belongings with $300,000 liability and a $1,000 deductible. The renter is 40, single, with good credit and no claims. Rates as of Sept. 30, 2026, from 1,032 sample prices by 4 insurers across 258 Minnesota ZIP codes.

• $40K belongings
• $300K liability
• $1,000 deductible

What does renters insurance cover in a Minnesota apartment?

Your landlord’s insurance is for the building; a renters policy is for your belongings and your liability. The policy we priced pays up to $40,000 for belongings after a covered fire, storm or burglary and $300,000 if you’re responsible for someone’s injury or property damage. In Minnesota, that package averages $20 a month; flood and earthquake damage need separate coverage.

How we got these renters prices: each insurer’s average across the 258 Minnesota ZIP codes in our data. Sample prices, not quotes or offers.

You may also want to compare: car + home insurance in Minnesota

Many Minnesota homeowners insure a car too. Some insurers take roughly 5% to 15% off when you buy home and car insurance from them together (Insurance Information Institute), but the same insurer has to write both policies, and buying both from one insurer isn’t always the lower-priced choice, so compare both ways.

See Minnesota car insurance rates · How bundling home and auto insurance works