For homeowners looking for the best homeowners insurance in Minnesota, we have chosen five providers that meet some of the most important criteria to consider when shopping for home insurance. Our picks reflect cost, customer service, financial stability and coverage. Based on these factors and current market conditions, Auto-Owners Insurance remains our pick for best overall value in Minnesota. Our assessment of the other home insurance companies in Minnesota can help you decide which company may be the best option for you, as the best fit will vary by homeowner. For context, recent statewide surveys show typical premiums in the mid-$2,000s per year for a standard HO-3 with roughly $300,000 in dwelling coverage, per Bankrate and Forbes Advisor; your price will vary.
You can also check our list of best homeowners insurance for more options.
The 5 Best Homeowners Insurance Companies in Minnesota
- Auto-Owners Insurance – Best Value
- AAA – Best for Bundling with Auto Insurance
- North Star Mutual Insurance – Best for Local Expertise
- State Farm – Best Web Experience
- Country Financial – Best for Pre-Packaged Policies
Compare Minnesota’s Top Insurance Companies
| Average Annual Premium | AM Best Financial Strength | J.D. Power Overall Customer Satisfaction | |
| Auto-Owners Insurance | Varies | See AM Best | See 2025 J.D. Power Home Insurance Study |
| AAA | Varies | See AM Best | See 2025 J.D. Power Home Insurance Study |
| North Star Mutual | Varies | See AM Best | See 2025 J.D. Power Home Insurance Study |
| State Farm | Varies | See AM Best | See 2025 J.D. Power Home Insurance Study |
| Country Financial | Varies | See AM Best | See 2025 J.D. Power Home Insurance Study |
Auto-Owners Insurance
Based on our research, Auto-Owners is at the top of the list for overall value to the customer. It pairs competitive pricing and discount opportunities with strong financial stability and consistently solid customer experience results in the latest J.D. Power U.S. Home Insurance Study (1,000-point scale).
Best Value
Why we chose it
Why we chose it
Pros
- High financial stability ratings
- Excellent customer service scores
- Extensive add-ons and discounts
Cons
- Limited website functionality
- Some customers report difficulty in getting payouts for claims
- Coverage not available in all states
Discounts available
- Smoke and fire alarm discounts
- Multi-policy
- Life multi-policy
- Paperless billing
- On-time payments
- Pay in full
- Advanced quote
- Automatic water shut off system
- Mortgage-free
- Favorable loss history
- Automatic backup generator
Unique features
Auto-Owners Insurance offers unique add-ons such as breakdown coverage and discounts for backup generators.
*J.D. Power 2025 U.S. Home Insurance Study, based on a 1,000-point scale.
Further Reading on Auto-Owners Insurance:
AAA
The American Automobile Association (AAA) is a well-recognized insurance provider. The federation of local motor clubs may be best known for auto insurance and roadside assistance, but it also supports homeowners through partner carriers and club-affiliated companies. Offerings and eligibility vary by club, so coverage and pricing can differ by region.
Best For Bundling With Auto Insurance
Why we chose it
Why we chose it
Pros
- High customer satisfaction claims ratings
- Low homeowners insurance prices
- AAA discounts for travel and other policies
Cons
- Eligibility for home policies requires AAA membership
- Home insurance is managed individually at the local level, which means options and coverages can vary
Discounts available
- Retired member discount
- Claims-free
- Renovated home
- Hail-resistant roof
Unique features
Many of the local AAA clubs provide home systems protection to cover heating, air conditioning or water heater breakdowns.
*J.D. Power 2025 U.S. Home Insurance Study, based on a 1,000-point scale.
** Because AAA is a network of many local “clubs,” data and coverage options vary by region
Further Reading on AAA:
North Star Mutual
North Star Mutual is one of the top insurance companies local to Minnesota. Founded in 1920, North Star Mutual is uniquely positioned to address Minnesota homeowners’ risks, especially hail and severe winter weather, with local agents and endorsements tailored to regional perils.
Best for Local Expertise
Why we chose it
Why we chose it
Pros
- Local provider
- Extensive endorsement options
Cons
- Limited online policy management features
- Limited customer reviews
Discounts available
- Mature owner
- New/upgraded home
- Multi-policy
- Protected subdivision
- Protective services
- Valued customer
Unique features
North Star Mutual stands out for its local experience in dealing with homes in Minnesota. The company may be ideally suited to helping Minnesotans understand what they need from their policy. North Star Mutual also offers a range of unique coverage options including insurance for snowmobiles and camper trailers.
*J.D. Power 2025 U.S. Home Insurance Study, based on a 1,000-point scale.
State Farm
State Farm offers above-average customer support, along with competitive pricing and solid coverage options. For those new to home ownership, its Simple Insights blog may provide useful information about homeownership in general. State Farm also delivers a robust digital experience for quoting, policy management, and claims through its app and website (learn more).
Best Web Experience
Why we chose it
Why we chose it
Pros
- Strong financial ratings
- Excellent web presence
- 19,000+ agents nationally
- Informative blog
Cons
- Limited discounts
- Potentially higher premiums
Discount available
- Multiple policy discount
- Fire, smoke, or burglar alarms discount
- Impact-resistant roof discount
Unique features
State Farm’s comprehensive website makes it easy to get a detailed quote in minutes. You can also pay your bill, file and manage a claim, and handle most maintenance tasks either online or via the company’s app.
*J.D. Power 2025 U.S. Home Insurance Study, based on a 1,000-point scale
Further Reading on State Farm:
Country Financial
Country Financial offers home insurance, as well as a variety of other policies and financial services. If you’d like to have all your insurance coverage in one place, bundling with a single insurer can simplify billing and service. Country Financial is a regional insurance company based in Illinois with availability limited to select states, including Minnesota.
Best for Packaged Policies
Why we chose it
Why we chose it
Pros
- Pre-bundled homeowners insurance coverage
- 24/7 claims service
- A variety of discounts available
Cons
- No mobile app for homeowners insurance
Discounts available
- Safe heat discount
- Age of wiring discount
- New roof discount
- Hail-resistant roof
- Multi-policy
- Customer loyalty
- Good payer
- Protective devices
- Smart home
- Backup system
- New home
- Claim-free
- New customer
Unique features
Country Financial may be advantageous as a smaller, more personalized insurer. The company’s homeowners insurance coverage is limited to just a few states, but those who qualify have access to a solid product and a variety of additional insurance coverages and investments.
*J.D. Power 2025 U.S. Home Insurance Study, based on a 1,000-point scale
Average Cost of Homeowners Insurance in Minnesota
Recent market surveys place Minnesota’s typical homeowners (HO-3) premium in the mid-$2,000s per year for a policy with about $300,000 in dwelling coverage, with methodology and coverage assumptions driving variation (Bankrate; Forbes Advisor). Rates have risen notably in recent years; approved homeowners rate changes in 2024 averaged in the mid- to high-teens in many cases, with elevated losses from severe convective storms contributing to continued pressure (S&P Global Market Intelligence; NOAA Billion-Dollar Disasters).
Factors such as the size and age of your home, your own credit worthiness (where applicable), and your location may all play a role in determining what you will pay for a homeowner’s insurance policy. In hail-prone areas, wind/hail deductibles and roof coverage terms (replacement cost vs. actual cash value) can materially change premiums and claim outcomes — review these carefully when comparing quotes (Minnesota Department of Commerce; NAIC).
Home Insurance Add-Ons That Will Further Protect You
Due to harsh Minnesota weather — especially hail, severe thunderstorms and winter freeze — these additional coverages or amendments are often popular with Minnesota homeowners. Also watch for wind/hail deductibles and roof settlement provisions, which can affect how your policy responds to storm damage.
- Flood insurance (compare NFIP vs. private flood)
- Water backup/sump overflow endorsement
- Identity theft/personal cyber protection
The Cheapest Homeowner Insurance Companies in Minnesota
| Companies | Average Annual Premium |
| Auto-Owners Insurance | Varies |
| AAA | Varies |
| North Star Mutual Insurance Company | Varies |
| State Farm | Varies |
| Country Financial | Varies |
| Chubb | Varies |
| American Family Insurance | Varies |
Cost of Homeowners Insurance by Age of Home
| Age of Home (years) | Average Annual Premium |
| 5 years | Varies |
| 20 years | Varies |
| 35 years | Varies |
| 50 years | Varies |
| Average Across Tiers | Varies |
Top 3 Cheapest Homeowners Insurance Companies in Minnesota
- Auto-Owners Insurance – often among the lower quotes for some profiles
- AAA – can be competitive depending on club and eligibility
- North Star Mutual – frequently competitive in many Minnesota ZIP codes
Top 3 Most Expensive Homeowners Insurance Companies in Minnesota
- State Farm – can price higher for some households based on risk profile
- Chubb – often higher due to high-value home focus and coverage breadth
- Country Financial – may be higher for certain profiles and coverages
Rate relationships change frequently in Minnesota. Statewide averages now commonly land in the mid-$2,000s per year for a $300,000 dwelling-coverage benchmark, and many households have seen multi-year increases since 2021 due to severe weather losses, reinsurance costs and rebuild inflation (Bankrate; Forbes Advisor; S&P Global Market Intelligence; NOAA).
We recommend that you ask for a quote from all Minnesota home insurance companies you are considering to get an accurate estimate of your specific premium. Every homeowner has unique circumstances, and each company has its own methodology for determining costs. When comparing, scrutinize wind/hail deductibles and roof settlement terms (RCV vs. ACV) and confirm limits and endorsements that matter to you (Minnesota Department of Commerce; NAIC).
Helpful Resources for Minnesota Homeowners
For new or existing Minnesota homeowners researching insurance further, the following resources may be of further help:
- Minnesota Insurance Department website – Provides general knowledge about homeowners insurance in Minnesota.
- Minnesota Commerce Department – The website allows you to file a complaint against your homeowners insurance provider, but you can also learn more about disaster preparedness and clean energy. See post-storm claim guidance: After a storm: Insurance claims.
- National Association of Insurance Commissioners – The organization published a Consumer’s Guide to Home Insurance that includes advice on how to file a claim and what to do if you can’t find insurance. See also: Wind and hail deductibles.
Homeowners Insurance FAQ
Methodology
We evaluated the companies based on their customer rating and experience, financial stability, and coverage to determine the best companies. To compare home insurance companies across the board, we then calculated a Reviews.com score based on the following, using current sources such as the 2025 J.D. Power U.S. Home Insurance Study and verification of financial strength through AM Best. We also consider multiple cost surveys (e.g., Bankrate, Forbes Advisor) to frame typical price ranges.
- Customer Ratings — Customer ratings are an indication of satisfaction with the process of filing a claim. We measured this using the latest J.D. Power overall home insurance satisfaction ratings (1,000-point scale).
- Coverage — As there isn’t one company to fit everyone’s needs, we evaluated companies by the amount of coverage options available and add-ons available.
- Confidence — It is extremely important for insurance companies to fulfill customers’ claims. Companies with sound financial strength ratings indicate a positive history of being able to pay out claims. We measured this using AM Best and encourage readers to verify the current rating before buying.
- Customer Experience — The amount of complaints a company receives is an indicator of the overall customer experience as it expresses dissatisfaction. We have based this measure on the NAIC National Complaint Index (see the NAIC Consumer Insurance Search).
