Minnesota, also known as "The Land of 10,000 Lakes", is a wonderful place to call home for outdoor enthusiasts. It's a state with its fair share of storms and flooding, which can damage property and possessions. You need to make sure you have homeowners' insurance, which will cover a range of risks.
As with any insurance policy, homeowners insurance costs in minnesota vary. Shopping around for the lowest price is important. MoneyGeek’s homeowners insurance calculator helps you estimate how much coverage you will need based on various factors.
Minnesota Homeowners Insurance Rates
The high risks of flooding and storms in Minnesota make insurance prices higher in Minnesota than they are nationwide. There are ways to lower your Minnesota home insurance rates, such as adding additional coverages or lowering your deductible.
Create a Home Inventory
For the best Minnesota home policy, you should make an inventory of everything that you own and all appliances. This will give a good indication of how much insurance coverage you'll need.
The process of creating an inventory is not time-consuming, but can help determine if you are adequately covered. Also, make sure to not overpay for any of your items.
Don't forget to add in any special items that you have, such as antiques or jewelry. Consider combining MN homeowners insurance with your home insurance policy if you own a large number of items. This will provide you with more comprehensive coverage.
Bundling policies in Minnesota can save you as much as $156 each year.
Anyone looking to save some money on their home insurance in Minnesota should look for the best Minnesota home-insurance companies. This list includes insurance companies that offer low rates, good customer service and 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 – The lowest cost homeowners insurance in Minnesota
Chubb has affordable home insurance policies that are ideal for those who want to save some money. MoneyGeek has rated it the best in terms of affordability. It offers a variety of discounts.
Compare coverage and rates in Minneapolis
Minnesotans can choose from a variety of insurance policies when purchasing a home. Compare insurance companies to find the most affordable and best-rated policies.