⚡ Minnesota Insurance Cost Calculator
Quick estimate for Minnesota residents. Get instant results based on your property details.
Minnesota Insurance Overview
| Coverage Type | Average Annual Premium | Notes |
|---|---|---|
| Home Insurance | $1,750 | State average |
| Auto Insurance | $1,650 | State average |
| Flood Insurance (NFIP est.) | $950 | Low Risk |
Minnesota Auto Insurance Requirements
The minimum auto insurance liability requirements in Minnesota are:
Flood Risk in Minnesota
Flood risk level: Low
While Minnesota has moderate-to-low flood risk, flooding can happen anywhere. Standard homeowners insurance does NOT cover flood damage — a separate flood policy is needed.
Regulatory Authority
The insurance regulator in Minnesota is:
Cold weather and ice dams common home insurance claims.
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Minnesota Insurance FAQ
The average cost of home insurance in Minnesota is $1,750 per year ($146/month). Rates vary based on your home's value, location, age, and your credit score. Use our calculator above to get a personalized estimate.
Yes. Minnesota requires all drivers to carry at least 30/60/10 in liability insurance. Driving without insurance can result in fines, license suspension, and vehicle impoundment.
Flood insurance is not mandatory for most homeowners in Minnesota, but it's still recommended. Standard homeowners insurance does NOT cover flood damage, and floods can happen anywhere — not just in high-risk zones.
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