If you're moving to Minnesota, one of the first things you need to do is get homeowners insurance. You can protect your house, as well as your belongings, in the event of theft or damage.
Get quotes from at the very least three different insurance companies. Then compare them for coverage, price and customer service. This will help you find the right policy to suit your needs.
Average Home Insurance Cost in MN
Your age, the coverage amount you need, and your home's location are all factors that will determine the cost of your Minnesota homeowners policy. You may need to purchase more coverage if you live in an area that is prone to flooding.
You'll also want to take into account your location, crime rates and other risks that could affect your home. If you live near a Minneapolis high-crime area, for example, you may want to invest more in liability protection than the average.
Minnesota home insurance will cover the structure of your house, as well as any personal belongings and any loss of use. Coverage can differ depending on the value and type of personal items you own, so compare quotes to determine what is best for you.
You should also review your insurance coverage annually, since your lifestyle and home may change. This will allow you to determine whether or not you're paying too much for insurance and if your coverage is still appropriate for your house.
Best Home Insurance Companies MN
Minnesota homeowners are offered insurance by many different companies, both national and local. You can find a list of the top-rated carriers in Minnesota by reading their reviews on consumer websites like the Better Business Bureau or by looking for the insurers that have earned an AM Best rating.
Allstate
Allstate is known for its excellent online service. You can easily manage payments and your policy with the mobile app. It also has an assortment of add-ons that can cut costs and improve your peace of mind.
Liberty Mutual
Liberty Mutual Minnesota homeowners insurance is affordable, with rates of just $1,046 annually compared to $1,773 for the average rate in the state. It has a range of insurance policies, including basic ones for renters and condominium owners as well as more complex ones designed for older homes.
Farmers
Farmers is yet another Minnesota home insurance firm that offers several discounts. Its site offers information on its policies to help you compare them, as well as discounts for your particular needs.
HO-6 (walls-in)
A homeowners policy with HO-6 can be an excellent choice for those who live in condos or own mobile homes and small houses. This type is called "walls" coverage and can be great for people who own historic or architecturally important homes.