Best Homeowners Insurance Companies in Minnesota

Chubb ranks No. 1 in our review of the best home insurance in Minnesota, followed Auto-Owners and American Family.

See if you're overpaying for home insurance below.

Written by Mark Fitzpatrick

Updated: January 18, 2026

Advertising & Editorial Disclosure

Minnesota's Top Home Insurance Companies: Key Takeaways

Chubb is the best home insurance provider in Minnesota with a score of 4.9 out of 5 from our review team.

Auto-Owners, American Family, State Farm and Farmers rank high for homeowners insurance in Minnesota based on reliable coverage, customer service and competitive rates.

The best insurer for your home depends on your coverage needs, budget and preferred features like claims service or discount availability.

Minnesota homeowners pay rates well below the national average. MoneyGeek analyzed premiums, J.D. Power satisfaction scores and coverage options from major insurers to find the best home insurance companies in Minnesota.

What Are the Best Home Insurance Companies in Minnesota?

Chubb ranks first for Minnesota homeowners with the state's lowest premiums and above-average customer satisfaction. Auto-Owners, American Family, State Farm and Allstate complete the top five, excelling in areas like military-focused service, premium coverage quality and local agent networks.


Auto-Owners	4.9	$1,728	Most Minnesota homeowners
Chubb	4.9	$1,972	Military families
American Family	4.6	$2,477	Coverage quality
State Farm	4.4	$2,682	Local agent network
Farmers	4.4	$2,316	Specialized coverage

*Our ratings consider various combinations of coverage levels, home features and homeowner details to identify the best overall options. Rankings may differ based on your profile.

Chubb

MoneyGeek Rating

4.9/ 5

4.8/5Affordability

4.9/5Customer Experience

5/5Coverage

J.D. Power Customer Satisfaction Score
677/1,000
Average Annual Premium
$1,972

pros
- J.D. Power score above industry average for satisfaction
- Lowest rates for Minnesota homeowners
- Strong agent network with personalized service
cons
- Claims processing takes longer than competitors
- Limited availability in some areas
- Service gaps affect accessibility for some homeowners
Chubb offers Minnesota homeowners competitive home insurance at $1,972 annually. The company covers full home rebuilding costs through guaranteed replacement cost coverage, paying the actual rebuild amount without depreciation deductions. Chubb's extensive personal property protection includes high-value items like jewelry, art and collectibles.

Chubb charges $1,972 annually for home insurance in Minnesota, 21% less than the state average of $2,492 and 43% below national average of $3,467. Bundle your home and auto policies for additional savings. You'll also save by installing security systems, fire alarms or monitored protection.


Older Homes	167.50	2009.95
Newer Homes	140.72	1688.68
Young Homeowners	165.99	1991.90
Senior Homeowners	163.72	1964.63
High-Risk Fire Homes	184.15	2209.84
Smaller Homes	188.67	2264.10
Larger Homes	233.09	2797.06

Chubb earned 677 out of 1,000 points in J.D. Power's customer satisfaction study, beating the 642 industry average. Local independent agents handle Minnesota policies with personalized coverage recommendations. Policyholders can also manage accounts through Chubb's online platform.
Chubb provides standard homeowners coverage with optional add-ons:
- Extended replacement cost: Pays to have your home repaired or rebuilt to its original condition even if the cost exceeds your policy limit
- Temporary living arrangements: Helps you find a comfortable place to stay while your house is rebuilt
- Risk consulting: Complimentary home appraisals with trained risk consultants who visit your home and assist with security and fire prevention advice
- Cash settlement: In the event of a covered total loss, offers a cash settlement up to your policy limit if you decide not to rebuild
- Replacement cost coverage: Replaces all the details including upgraded appliances, custom cabinets, flooring or carpentry without deduction for depreciation
- HomeScan: Uses infrared technology to help detect problems behind your walls like leaks, missing insulation and faulty electrical connections before damage occurs

Auto-Owners

MoneyGeek Rating

4.9/ 5

5/5Affordability

4.9/5Customer Experience

4.2/5Coverage

J.D. Power Customer Satisfaction Score
621/1,000
Average Annual Premium
$1,728

pros
- Comprehensive coverage options
- High financial stability ratings
- Strong agent network
cons
- Customer satisfaction scores fall below industry standards
- Limited availability
- Direct purchase options less available than agent-based sales model
Auto-Owners offers Minnesota homeowners competitive rates at $1,728 annually. The company provides coverage for personal property replacement cost, ensuring you receive full value for damaged belongings. Its policies include additional living expenses coverage, which is crucial during temporary relocations after a covered loss.

Auto-Owners charges $1,728 annually for home insurance in Minnesota, 31% less than the state average of $2,492 and 50% the national average of $3,467. The company offers bundling discounts for multiple policies and home security systems.


Older Homes	$150	$1,797
Newer Homes	$120	$1,440
Young Homeowners	$143	$1,721
Senior Homeowners	$136	$1,632
High-Risk Fire Homes	$161	$1,937
Smaller Homes	$166	$1,987
Larger Homes	$205	$2,455

Auto-Owners earned 621 out of 1,000 points in J.D. Power customer satisfaction ratings, below the industry average of 642. The company works through local independent agents who offer personalized service to Minnesota homeowners. You can get online quotes, but Auto-Owners has fewer digital policy management tools than competitors with stronger tech platforms.
Auto-Owners provides standard homeowners coverage with optional add-ons:
- Guaranteed home replacement cost: Covers full replacement if your coverage limit falls short
- Water backup of sewers or drains: Pays for damage from backed-up sewers or drains at multiple limit options
- Special personal property: Broader coverage for personal items, including loss, misplacement, staining or defacing
- Ordinance or law: Pays to update your home to current building codes after covered damage
- Homeowners Plus: Package including household appliance leak coverage, higher food spoilage limits, limited fungi coverage and automatic inflation protection
- Equipment breakdown: Covers electrical and mechanical failures of air conditioners, heating units, computers and major appliances
- Identity theft expense: Up to $15,000 for expenses when restoring your financial identity
- Home cyber protection: Pays for professional help to recover stolen or corrupted data, restore device functionality and legal counsel
- Inland flood: Add-on for homes in low-to-moderate flood zones, covering your home, contents, debris removal and additional living expenses

American Family Insurance

MoneyGeek Rating

4.6/ 5

4.5/5Affordability

4.8/5Customer Experience

4.3/5Coverage

J.D. Power Customer Satisfaction Score
643/1,000
Average Annual Premium
$2,477

pros
- Customizable coverage options accommodate diverse homeowner needs
- J.D. Power score exceeds industry average for customer satisfaction
- Strong financial stability backed by high ratings
cons
- Rates run above state average for Minnesota homeowners
- Some unique features unavailable across all policy types
- Limited availability restricts access in certain areas
American Family offers competitive home insurance rates for Minnesota homeowners at $2,477 annually. Its policies include coverage for personal property at replacement cost, with no depreciation. The company also provides identity theft protection, essential in today's digital landscape.

American Family charges $2,477 annually for home insurance, 1% less than Minnesota's state average of $2,492 and 28% below the national average of $3,467. The company helps reduce costs further through bundling discounts when you combine multiple policies and home security system discounts for protective devices.


Older Homes	$211	$2,526
Newer Homes	$158	$1,895
Young Homeowners	$204	$2,453
Senior Homeowners	$198	$2,379
High-Risk Fire Homes	$231	$2,775
Smaller Homes	$239	$2,864
Larger Homes	$295	$3,538

American Family earned 643 out of 1,000 points in J.D. Power customer satisfaction ratings, slightly above the industry average of 642. The company operates through local independent agents who provide personalized service tailored to Minnesota homeowners' specific needs. American Family also offers a user-friendly online platform for policy management, giving customers both traditional agent support and modern digital convenience.
American Family provides standard homeowners coverage with optional add-ons:
- Personal property replacement cost: Replaces damaged belongings at current prices without depreciation deductions
- Identity theft protection: Covers identity restoration costs and fraud resolution expenses
- Dwelling coverage: Pays to repair or rebuild your home's structure after covered damage
- Personal liability: Pays legal expenses when guests are injured on your property
- Additional living expenses: Covers hotel or rental costs while your home gets repaired
- Medical payments: Pays for guest injuries on your property, regardless of who's at fault

State Farm

MoneyGeek Rating

4.4/ 5

4.4/5Affordability

4.5/5Customer Experience

4.5/5Coverage

J.D. Power Customer Satisfaction Score
657/1,000
Average Annual Premium
$2,682

pros
- Customizable coverage options
- Strong financial stability with high ratings
- Extensive agent network for personalized service and support
cons
- Limited availability in some areas
- Limited availability of certain add-on coverages in some states
- Geographic restrictions affect access for some homeowners
State Farm costs Minnesota homeowners $2,682 annually. The company includes replacement cost coverage for personal property, paying full value for damaged belongings. State Farm also covers additional living expenses if severe weather forces you from your home; important for Minnesota's harsh winters and storm season.

State Farm costs Minnesota homeowners $2,682 annually for home insurance, 8% above the state average of $2,492 but 28% below the national average of $3,467. Minnesota homeowners can lower their premiums through bundling discounts when they combine policies or by installing home security systems.


Older Homes	$228	$2,733
Newer Homes	$170	$2,036
Young Homeowners	$226	$2,709
Senior Homeowners	$223	$2,672
High-Risk Fire Homes	$250	$3,005
Smaller Homes	$258	$3,094
Larger Homes	$319	$3,823

State Farm earned 657 out of 1,000 points in J.D. Power customer satisfaction ratings, above the industry average of 642. The company works through both local independent agents and direct sales. Minnesota homeowners can manage policies online or work with local agents for personalized help.
State Farm provides standard homeowners coverage with optional add-ons:
- Personal property replacement cost: Pays full value for damaged belongings
- Additional living expenses: Covers temporary housing costs during severe weather evacuations
- Dwelling coverage: Protects your home's structure against covered perils
- Personal liability: Covers legal expenses if someone is injured on your property
- Medical payments: Pays medical bills for guests injured on your property regardless of fault

Farmers

MoneyGeek Rating

4.4/ 5

4.6/5Affordability

4.4/5Customer Experience

3.7/5Coverage

J.D. Power Customer Satisfaction Score
631/1,000
Average Annual Premium
$2,316

pros
- Customizable coverage options
- Strong financial stability with high ratings
- Strong agent network for personalized service and support
cons
- Slower claims process than expected
- Add-on coverage options not as comprehensive
- Slightly higher rates than some competitors
Farmers charges Minnesota homeowners $2,316 annually for coverage. The company includes replacement cost coverage for personal property, meaning you get full value for damaged items without depreciation when you file a claim. Farmers also covers additional living expenses if you need temporary housing during repairs after a covered loss.

Farmers charges $2,316 annually for home insurance in Minnesota, 7% less than the state average of $2,492 and 28% below the national average of $3,467. The company offers additional savings through bundling discounts when you combine multiple policies and home security system installation discounts.


Older Homes	$289	$3,466
Newer Homes	$244	$2,931
Young Homeowners	$286	$3,435
Senior Homeowners	$283	$3,390
High-Risk Fire Homes	$318	$3,813
Smaller Homes	$326	$3,915
Larger Homes	$403	$4,836

Farmers earned 631 out of 1,000 points in the J.D. Power customer satisfaction study, below the industry average of 642. The company works through local independent agents for personalized service. Farmers combines agent support with online policy management tools, giving Minnesota homeowners both personal help and digital access.
Farmers provides standard homeowners coverage with optional add-ons:
- Replacement cost coverage: Pays full replacement value for personal property without depreciation
- Additional living expenses: Pays for temporary housing and living costs during repairs after a covered loss
- Dwelling protection: Covers your home's structure against covered perils
- Personal liability: Protects you from lawsuits for injuries or property damage you cause
- Medical payments: Covers medical expenses for guests injured on your property
- Personal property protection: Covers belongings inside and outside your home

Best Minnesota Home Insurance by City

Auto-Owners leads in four Minnesota cities: Hopkins, Minneapolis, Rochester and Saint Paul, with annual premiums ranging from $1,459 to $1,900. Chubb takes the top spot in Cass Lake and Steen at $2,207 annually.


Cass Lake	Chubb	$2,207
Hopkins	Auto-Owners Insurance	$1,900
Minneapolis	Auto-Owners Insurance	$1,848
Rochester	Auto-Owners Insurance	$1,459
Saint Paul	Auto-Owners Insurance	$1,867
Steen	Chubb	$2,207

Cheapest Minnesota Home Insurance Companies

Minnesota homeowners pay $2,492 annually for home insurance, 28% less than the national average of $3,467. Auto-Owners offers the state's most affordable home insurance at $1,728 annually, 31% below the state average. Chubb ranks second at $1,972 per year, 21% less than the state average. Rates vary by insurer. Allstate costs $3,538 annually, 2% above the national average.

Cheapest Home Insurers in Minnesota Chart

Guide to Finding the Best Minnesota Home Insurance Company

Compare multiple providers based on your coverage needs, budget and service preferences.

Compare Quotes Strategically

Get quotes from three to five insurers since annual premiums among Minnesota's top providers range between $1,728 and $2,682. Don't just shop by price. The cheapest policy might leave coverage gaps when you file a claim after severe weather or other covered losses.

Check Customer Satisfaction Metrics

Check complaint ratios through the Minnesota Department of Commerce, Insurance Division and compare J.D. Power scores. Leading Minnesota providers score between 621 and 677, compared to the 642 industry average. Read recent customer reviews about claims experiences during tornado season, not just policy purchase feedback.

Evaluate Coverage Needs

Base your coverage on replacement cost instead of market value, especially important in Minnesota, where construction costs surge after hailstorms and tornadoes. Review extended or guaranteed replacement cost options alongside specific protections like wind/hail coverage and tornado damage coverage that address your property's unique risk profile.

Match Service Preferences to Provider Strengths

Align your service needs with insurer strengths by choosing local agent networks like State Farm, American Family or Farmers for face-to-face support, or selecting digital-first companies like Lemonade, Hippo or Root for online management. Avoid paying premium prices for services that don't match your preferred interaction style.

MINNESOTA HOME INSURANCE RISKS

Minnesota averages 30 tornadoes annually, based on National Weather Service data from 2018 to 2023. Severe thunderstorms and tornadoes regularly threaten homes across the state. Your standard homeowners policy covers tornado and storm damage to your property. However, it excludes flood damage from these storms. You'll need separate flood insurance through your insurer or the National Flood Insurance Program.

Top-Rated Home Insurance Companies in Minnesota: FAQ

Explore our FAQ section for answers to common questions about selecting the right Minnesota home insurance provider for your needs.

Does home insurance cover damage from fallen trees in Minnesota?

Home insurance covers fallen tree damage when wind, lightning or other covered perils cause the tree to fall and damage your house. Coverage excludes trees that fell due to rot or neglect. Tree removal is covered only if the tree damaged a structure, and most policies limit removal costs to $500 to $1,000 per tree.

What's the difference between replacement cost and actual cash value coverage?

Most Minnesota home insurance policies exclude sinkhole damage from standard coverage, as the state does not mandate this protection. Southeastern Minnesota, particularly Fillmore and Houston counties, faces higher sinkhole risks due to geological conditions. Homeowners should carefully review their policy exclusions and consider purchasing optional sinkhole endorsements if available through their insurer.

Does home insurance cover sinkholes in Minnesota?

Most Minnesota home insurance policies exclude sinkhole damage or offer it as an optional endorsement for an additional premium. Minnesota's limestone bedrock makes certain areas susceptible to sinkholes, especially in the southern and southwestern parts of the state. Check your policy's exclusions and consider adding sinkhole coverage if you live in a high-risk area.

Can I get home insurance if I have a trampoline or swimming pool?

You can get home insurance with a trampoline or swimming pool, but expect higher premiums or coverage restrictions. Insurers view these as high liability risks. Some companies exclude coverage entirely or require extra liability protection. Install safety features to improve your chances: trampolines need nets and padding, pools require fencing with self-closing gates. Carry at least $300,000 in liability coverage to protect against injury claims.

Our Methodology: Determining the Best Minnesota Home Insurers

Minnesota homeowners deal with tornado risks, hurricane exposure and fluctuating construction costs. Our ranking system weighs affordable premiums, quality coverage and reliable claims handling.

We scored insurers across three factors:

Affordability (55%): We compared rates for identical coverage across major providers and evaluated discount availability.

Customer satisfaction (30%): J.D. Power ratings, Trustpilot reviews and app feedback reveal how insurers handle claims after storms damage your home.

Coverage options (15%): We assessed add-on availability, including water backup protection and inland flood options for Minnesota's risks.

Our Sample Profile

Rates reflect a homeowner aged 41-60 with good credit and no prior claims insuring a 2,500-square-foot home built in 2000. Coverage includes $250,000 dwelling coverage, $125,000 personal property coverage, $200,000 personal liability coverage and a $1,000 deductible.

Your rates will vary based on your home's age, location, claims history and credit score.

About Mark Fitzpatrick

Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.

Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!

He writes about economics and insurance, breaking down complex topics so people know what they're buying.

Read Full Bio »

sources

National Weather Service. "Year-by-Year Tornado Statistics for Minnesota." Accessed February 3, 2026.