Minnesota is known as the "Land of 10,000 Lakes" and is a great place to live for those who love the outdoors. Storms, flooding and even blizzards can cause serious damage to your property and belongings. That's why it's important to have homeowners insurance that will protect you from a variety of perils.
As with any insurance policy, homeowners insurance costs in minnesota vary. It's a big factor when deciding on the type of insurance you need. Shop around to find the best price. MoneyGeek’s homeowners insurance calculator helps you estimate how much coverage you will need based on various factors.
Costs for Minnesota Homeowners Insurance
Minnesota's high-risk for flooding and storms makes insurance prices there higher than national average. There are ways to lower your Minnesota home insurance rates, such as adding additional coverages or lowering your deductible.
Create a Home Inventory
It's important to create a comprehensive list of all your appliances and possessions in order to maximize your Minnesota home coverage. This will give a good indication of how much insurance coverage you'll need.
It doesn't take long to create an inventory, and it will help you decide if you have sufficient coverage. It is also vital to ensure you don't pay too much for items.
Do not forget to include any items of value, like antiques or jewelry. If you have many of these items in your home, consider adding a homeowners insurance policy on top of your MN policy.
Bundling policies can save you up to $156 a year in Minnesota.
Finding the best home insurance companies in Minnesota is important for any homeowner looking to save money on their policy. This list includes companies that offer affordable rates, excellent customer service and strong financial stability.
Country Financial offers the best homeowners' insurance in Minnesota
Country Financial offers a balance between cost and quality service. It is a top-rated company based on customer reviews and ratings, and it offers a range of discounts for bundled insurance policies.
Chubb offers the best homeowners insurance coverage in Minnesota
If savings are the main driver for your purchase, you'll want to opt for a low-cost home insurance plan from Chubb. MoneyGeek ranked it as the #1 most affordable home insurance plan.
Compare Rates and Coverage in Minneapolis
Minnesotans can choose from a variety of insurance policies when purchasing a home. You can compare insurance policies and rates from a variety of companies located in the state.