Fact CheckedNerdy takeaways
Chubb is the top-rated insurer in Minnesota, specializing in high-value homes.
Amica earns high marks when it comes to digital tools.
State Farm offers the best coverage for most people.
Cincinnati Insurance has one of the lowest rates of consumer complaints.
USAA is our top pick for military families.
Homeowners in the North Star state have several solid choices for homeowners insurance. Although the best home insurance in Minnesota will depend on the coverage and customer perks you want, these top-rated insurers are always a good place to start.
Note: Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state. Even if an insurer serves your state, it may not write policies for all homes in all areas.
The best home insurance companies in Minnesota
best for high-value homes
Chubb
- Far fewer consumer complaints than expected for a company of its size.
- Standard coverage includes features that many companies offer only as extras.
- Perks to help you protect your home.
- Most consumers can't get a quote online and will instead need to contact a local agent.
Why it’s worth a look: Chubb serves owners of high-value homes with generous policies and high coverage limits. For example, you may be able to get up to $100 million of personal liability coverage in case someone sues you.
Standout feature: Chubb policyholders may be eligible for the company’s HomeScan service. It uses infrared cameras to look for problems behind the walls of your home.
Average rates: Not available.
» READ MORE: Chubb homeowners insurance review
best digital tools
Amica
- High customer satisfaction ratings and low consumer complaints.
- Platinum Choice package offers extra coverage.
- Dividend policies can return a portion of your premiums.
- You can start a quote online but may have to finish the buying process by phone.
Why it’s worth a look: Amica makes it easy to manage your policy online, including paying bills and filing claims. If you need help, the company has live chat representatives available seven days a week.
Standout feature: Amica’s Platinum Choice Home is a package of extra coverage for your house and belongings. It offers higher liability limits, plus broader insurance for valuable items like computers.
Average rates: Not available.
» READ MORE: Amica homeowners insurance review
best for most people
State Farm
- User-friendly website.
- Agents offer personalized service.
- Policies generally include extra coverage for your home’s structure.
- Below average for claim satisfaction in a recent J.D. Power study.
Why it’s worth a look: State Farm is the largest home insurer in the U.S., offering solid coverage for a wide variety of houses. Its policies may include inflation coverage to make sure your policy keeps up with rising costs.
Standout feature: State Farm offers policyholders in Minnesota a free Ting device. This smart technology monitors your home's electrical system to help prevent fires.
Average rates: Below are the average annual rates for a range of dwelling coverage limits.
Dwelling coverage amount | Average annual rate |
|---|---|
$200,000 | $3,380 |
$300,000 | $4,380 |
$400,000 | $5,230 |
$500,000 | $5,950 |
» READ MORE: State Farm homeowners insurance review
fewest complaints
Cincinnati Insurance
- Various coverage options.
- Far fewer complaints than expected for a company of its size.
- Coverage available for higher-value homes.
- No online quotes.
- Very little information on website.
Why it’s worth a look: Cincinnati Insurance had one of the lowest rates of consumer complaints among all the companies we review. This suggests that most of its policyholders are happy with their coverage.
Standout feature: Cincinnati policyholders can get a discount on water shutoff devices. This technology can save you the hassle of a claim by turning off your water if it detects a leak.
Average rates: Not available.
» READ MORE: Cincinnati Insurance homeowners insurance review
BEST FOR MILITARY FAMILIES
USAA
- Policies include standard coverage that often costs extra elsewhere.
- Fewer customer complaints to state regulators than expected for a company of its size.
- Perks for military homeowners.
- Available only to active military members, veterans, some federal employees and their families.
Why it’s worth a look: USAA sells homeowners insurance to active military, veterans, some federal workers and their families. The company offers perks for those in active service, such as deductible-free coverage for military uniforms and equipment.
Standout feature: USAA’s policies include identity theft coverage to help you recover after a cyber incident. Many companies charge extra for this coverage.
Average rates: Not available.
» READ MORE: USAA homeowners insurance review
Other top home insurance companies in Minnesota
These home insurance providers are also worth a look.
Company | NerdWallet star rating | Average annual rate |
|---|---|---|
$4,605 | ||
$3,125 | ||
$1,930 |
How much does homeowners insurance cost in Minnesota?
The average cost of homeowners insurance in Minnesota is $2,725 per year, or about $227 per month. That's 38% more expensive than the national average of $1,975 per year for the same amount of coverage.
These rates are based on a sample home insurance policy with $300,000 in dwelling coverage, $300,000 in liability coverage, a $1,000 deductible, and no recent claims.
Did you know...
The dwelling coverage limit on your policy should be the amount it would take to rebuild your home, based on the cost of labor and construction in your area. It won't necessarily be the price you paid for the house or how much you could sell it for now. Use our calculator to estimate your home's rebuilding cost.
The median rebuilding cost for Minnesota homes is $340,284, according to data from First Street, a climate risk modeling firm.
Below are the average rates for policies with various dwelling coverage limits.
Dwelling coverage amount | Average annual rate |
|---|---|
$200,000 | $1,970 |
$300,000 | $2,725 |
$400,000 | $3,615 |
$500,000 | $4,560 |
The rates above are for homeowners with good credit on their record. In Minnesota, policyholders with poor credit pay an average of $4,575 per year — an increase of 68%.
Average cost of homeowners insurance in Minnesota by city
The amount you pay will vary depending on where you live in the state. For example, the average cost of homeowners insurance in Minneapolis is $3,305 per year, while Duluth homeowners pay $2,340 per year, on average.
City | Average annual rate | Average monthly rate |
|---|---|---|
Andover | $3,200 | $267 |
Austin | $2,635 | $220 |
Burnsville | $2,880 | $240 |
Chanhassen | $2,740 | $228 |
Chaska | $2,735 | $228 |
Cottage Grove | $3,225 | $269 |
Duluth | $2,340 | $195 |
Eden Prairie | $2,900 | $242 |
Elk River | $2,895 | $241 |
Inver Grove Heights | $3,075 | $256 |
Lakeville | $2,980 | $248 |
Mankato | $2,770 | $231 |
Maple Grove | $3,250 | $271 |
Minneapolis | $3,305 | $275 |
Minnetonka | $2,895 | $241 |
Moorhead | $2,560 | $213 |
Owatonna | $2,965 | $247 |
Prior Lake | $2,960 | $247 |
Rochester | $2,390 | $199 |
Rosemount | $3,425 | $285 |
Savage | $2,805 | $234 |
Shakopee | $3,035 | $253 |
St. Cloud | $2,660 | $222 |
St. Paul | $3,245 | $270 |
Winona | $2,510 | $209 |
The cheapest home insurance in Minnesota
Here are the insurers we found with the cheapest rates for a variety of dwelling coverage limits.
Company
NerdWallet star rating
Average annual rate
North Star
Not rated
$1,290
Western National
Not rated
$1,300
$1,415
$1,555
Auto Club Group (AAA)
$1,570
Company
NerdWallet star rating
Average annual rate
Western National
Not rated
$1,700
North Star
Not rated
$1,815
$1,930
$2,030
Auto Club Group (AAA)
$2,080
Company
NerdWallet star rating
Average annual rate
Western National
Not rated
$2,160
$2,390
North Star
Not rated
$2,505
$2,530
Auto Club Group (AAA)
$2,925
Company
NerdWallet star rating
Average annual rate
Western National
Not rated
$2,685
$2,965
$3,020
North Star
Not rated
$3,205
Auto Club Group (AAA)
$3,650
Common discounts
Make sure to ask your home insurance company about any discounts you may be eligible for. Here are some of the most common:
Many insurers offer savings if you buy more than one policy, such as home and car insurance. See our picks for the best home and auto insurance bundles.
Got a burglar alarm, smoke detectors or a smart device that alerts you if you have a leak? Safety and security features like these could earn you a discount.
Sign up for paperless billing or set your premiums to autopay, and you could get a discount.
Many insurance companies give discounts to customers who’ve gone a certain number of years without filing a home insurance claim.
Some insurers offer discounts to new policyholders or reward those who’ve stuck around for a while.
Teachers, doctors, members of the military and others may be eligible for discounts from certain insurers.
Learn more about common home insurance discounts.
Common Minnesota home insurance problems
In Minnesota, some threats to property are more common than others. Here are the ones homeowners should watch out for.
Flooding. As you might imagine, the Land of 10,000 Lakes can be prone to flooding no matter where you live. In fact, 40% of flood claims over the past 30 years came from outside high-risk areas, according to a fact sheet from Minnesota’s commerce department. Because homeowners insurance doesn’t cover flooding, consider buying separate flood insurance.
To check your flood risk, start with the federal government’s flood maps. However, these maps don’t always capture all types of flood risk. You may want to check another source such as First Street, a company that models climate hazards. Enter your address at the top of the page to see your home’s flood risk rating.
Hail. Your home insurance policy probably covers hail damage, but be warned it may not kick in unless there’s substantial damage to your home. You may also have a separate deductible (your out-of-pocket cost) for wind or hail damage, so read your homeowners policy closely.
Winter storms. As home to the northernmost point in the continental U.S., Minnesotans are no stranger to snow and ice. Your home insurance covers most damage from winter storms, but you may need flood insurance for damage caused by snowmelt. You should also make sure to keep your house warm enough to avoid freezing pipes when you’re not home. If you forget, your insurer may not cover the damage from burst pipes.
Common optional coverage
A standard homeowners policy can sometimes fall short, so it's worth looking for ways to make it more comprehensive. For example, we recommend asking if your insurer offers extended or guaranteed replacement cost coverage for your home. These add-ons give you extra dwelling coverage in case it costs more than you expect to rebuild your home after a disaster. Having this coverage can be a useful hedge against inflation.
Here are a few additional types of coverage you may want to buy.
Floods are the most common weather disaster in the U.S. and can happen anywhere, not just coastal areas. You can buy flood insurance through the federal government or from private companies. Learn whether you need flood insurance.
Homeowners policies generally won’t cover damage if a drain backs up into your home or your sump pump fails. Adding water backup coverage can help with these issues.
Homeowners policies may cover your stuff on an actual cash value or replacement cost basis. With actual cash value, the policy will pay less for older items that have lost value over time. To get enough of a claim payout to buy brand-new items, opt for replacement cost coverage.
If you have expensive jewelry, fine art or other valuables, you may need extra insurance for them. Learn more about scheduled personal property coverage.
Service line coverage pays to fix damaged water, gas, sewer or other underground lines on your property.
If your HVAC system or another major appliance fails, equipment breakdown coverage can help pay for repairs.
Minnesota FAIR Plan
The Minnesota FAIR Plan extends coverage to homeowners, renters and business owners who can’t find property insurance. Minnesota’s FAIR Plan covers fire, lightning, explosions, vandalism and malicious mischief. Additional coverage may be available, but you’ll have to talk to an agent to learn more.
To apply, you’ll have to work with a licensed agent and show proof you’ve been denied coverage or had your insurance recently cancelled. To be eligible, the home needs to be your primary residence.
Get home insurance quotes in minutes
Answer a few questions to see custom quotes and find the right policy for you.Minnesota Insurance Division
The Minnesota Commerce Department has an Insurance Division that focuses on consumer protection and education. You can find resources on preparing your home for disasters and tips for filing a claim with your insurer.
Through the agency’s online portal, you can submit a complaint about your insurance company. If you have questions, contact the customer service department via email at consumer.protection@state.mn.us or toll-free at 800-657-3602.
How we review home insurance
Our editorial team considers these factors when rating homeowners insurance companies:
This part of our star rating is based largely on consumer complaints to state regulators, as reported by the National Association of Insurance Commissioners. When available, we also include each company’s performance in the most recent J.D. Power Home Insurance Study. Other factors in our consumer experience score include customer-friendly features such as online claims filing and quotes.
We use AM Best and Demotech ratings to confirm each insurer’s long-term financial stability and ability to pay claims.
Companies score higher if they offer many common endorsements and include more comprehensive coverage in their standard plans. In particular, we look at features such as extended coverage for the structure of your home and replacement cost coverage for personal belongings.
We evaluate how many of the most common home insurance discounts each company offers.
See our complete homeowners insurance rating methodology.
Frequently asked questions
Homeowners insurance isn’t legally required in Minnesota, but if you have a mortgage, your lender will likely require you to have it. For more information, read Is Homeowners Insurance Required?
There are several ways to save money on homeowners insurance in Minnesota:
Shop around to make sure you’re getting the best rate.
Choose a higher deductible. In case of any claims, you’ll pay more out of pocket, but your premiums will be lower.
Bundle your home and auto insurance for a lower overall rate. See the best home and auto insurance bundles.
Ask your insurer if you qualify for any home insurance discounts.
NerdWallet writers are subject matter authorities who use primary, trustworthy sources to inform their work, including peer-reviewed studies, government websites, academic research and interviews with industry experts. All content is fact-checked for accuracy, timeliness and relevance. You can learn more about NerdWallet's high standards for journalism by reading our editorial guidelines.
- 1.Minnesota Commerce Department. Flood Insurance Fact Sheet. Accessed Mar 13, 2026.
Star rating methodology
NerdWallet’s homeowners insurance ratings reward companies for customer-first features and practices. Ratings are based on weighted averages of scores in several categories, including financial strength, consumer complaints, coverage, discounts, claims process and website functionality. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews or star ratings.
Here’s how we weighted each category to come up with our list of the best home insurance companies:
Consumer experience (40%).
Financial strength (30%).
Coverage (25%).
Discounts (5%).
Read our full home insurance ratings methodology for more details.
Homeowners insurance rates methodology
NerdWallet calculated median rates for 40-year-old homeowners from various insurance companies in ZIP codes across all 50 states and Washington, D.C. All rates are rounded to the nearest $5.
Sample homeowners were nonsmokers with good credit living in a single-family, two-story home built in 1984. They had a $1,000 deductible and the following coverage limits:
$300,000 in dwelling coverage.
$30,000 in other structures coverage.
$150,000 in personal property coverage.
$60,000 in loss of use coverage.
$300,000 in liability coverage.
$1,000 in medical payments coverage.
We made minor changes to the sample policy in cases where rates for the above coverage limits or deductibles weren’t available.
In states where credit is a rating factor, we changed the credit tier from “good” to “poor,” as reported to the insurer, to see rates for homeowners with poor credit.
In select states, we added a single wind damage claim to see rates for homeowners with a claim on their record.
These are sample rates generated through Quadrant Information Services. Your own rates will be different.
Complaint methodology
NerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2022-2024. To assess how insurers compare with one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period.
NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC. Ratios are determined separately for auto, home (including renters and condo) and life insurance.
Rebuilding cost methodology
The median home rebuilding cost referenced above is based on 2025 replacement cost data from First Street, a climate risk modeling firm. Actual replacement costs may vary based on factors like location, square footage, construction materials, the age of your home and local labor costs.
