The best homeowners insurance Minnesota homeowners can buy is the policy that pays for the roof after the hail and the ceiling after the ice dam, on replacement cost, from a carrier the state's complaint data says settles without argument. The Insurance Information Institute's NAIC-based figure puts the average US homeowners premium at $1,411 for 2021, and the average renters premium at $170; both are national averages that no single household pays, and the rate pages on this site show what carriers actually file where you live.
What the best carrier for a Minnesota house has to do
Settle hail-damaged roofs on replacement cost rather than a depreciation schedule, cover ice damming and the interior water it causes, offer sewer backup, and price the state's long winters from experience. Minnesota's mutuals and the national carriers both file here, and their rates by situation are on this site.
The Minnesota perils and how the good carriers handle them
Hail across the metro and the south, straight-line wind, freeze and burst pipes, ice damming, heavy snow loads and spring flooding along the Red, the Minnesota and the Mississippi. Many carriers use a separate wind and hail deductible, which is the figure to compare between quotes. FEMA's FloodSmart notes that almost one-third of NFIP flood claims come from outside high-risk flood areas, and a standard homeowners or renters policy does not cover flood at all.
How to judge them for your house
Check the complaint ratio at the Minnesota Department of Commerce, the financial strength rating and the filed rates on this site for your county and roof age; then quote three carriers on the same dwelling limit and wind and hail deductible.
Questions people ask about best homeowners insurance minnesota
Who has the best homeowners insurance in Minnesota?
This site publishes no ranking. Judge the complaint ratio at the Minnesota insurance department, financial strength, the filed rates for your situation on this site and the settlement terms on the declarations page.
What should a Minnesota homeowners policy include?
A dwelling limit at rebuild cost, replacement cost on the roof and contents, the deductibles named above set where you can meet them, and water backup where the house needs it.
Is flood included?
No. Flood is a separate policy, and FEMA notes that almost one-third of NFIP flood claims come from outside high-risk areas.