Homeowner Insurance Costs in Hennepin County, MN

How much does homeowner insurance cost in Hennepin County? Here's what to expect.

Est. Annual Premium

$1,969

Monthly Cost

$164

Median Home Value

$358,000

% of Income

2.1%

Typical Coverage Breakdown

Coverage Amounts

Dwelling (Coverage A)$358,000
Personal Property (C)$179,000
Liability (E)$300,000
Deductible$3,580

Cost Context

Homeownership Rate63.0%
Median Income$92,595
Property Tax Rate1.2%
Population1,270,787

About Insurance in Hennepin County

Homeowner insurance in Hennepin County, Minnesota costs an estimated $1,969 per year for a median-value home of $358,000. This represents approximately 2.1% of the median household income of $92,595.

Actual premiums depend on your home's age, construction type, claims history, credit score, proximity to fire stations, and specific peril exposures. Use our calculator for a personalized total cost of risk analysis with peril-by-peril breakdown.

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Other Counties in Minnesota

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Insurance Information Institute, state insurance departments. Estimates are county-level approximations. This is not insurance advice.