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 have been chosen based on the following criteria – cost, customer service, financial stability and coverage. Based on these factors, and our in-depth review and methodology, we concluded that the best Minnesota home insurance company is Auto-Owners Insurance. 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 comparison purposes, rates from Coverage.com reflect $200,000 in dwelling coverage.
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 | $1,082 | A++ | 831/1000 |
| AAA | $1,226 | N/A | 834/1000 |
| North Star Mutual | $1,412 | A+ | N/A |
| State Farm | $2,161 | A++ | 835/1000 |
| Country Financial | $2,915 | A+ | 830/1000 |
Auto-Owners Insurance
Based on our research, Auto-Owners is at the top of the list for overall value to the customer. Auto-Owners is also one of the most popular insurance companies in the U.S. for home insurance, based on J.D. Power ratings for customer satisfaction.
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 2021 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.
Further Reading on Auto-Owners Insurance:
AAA
The American Automobile Association (AAA) is a well-recognized insurance company. The nonprofit organization may be best known for auto insurance and roadside assistance, but it’s been supporting homeowners with home insurance policies through local partners for over a century.
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 2021 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.
** Because AAA is a network of many local “clubs,” data varies 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 situated to write policies that address the challenges facing Minnesotan homeowners.
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 2021 Home Insurance Customer Satisfaction Survey, 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.
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 2021 Home Insurance Customer Satisfaction Survey, 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 types of policies and financial services. If you’d like to have all your insurance coverage in one place, you’ll save time and money by working with a single insurer. Country Financial is a regional insurance company, based in Illinois originally but popular with those in 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 2021 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale
Average Cost of Homeowners Insurance in Minnesota
The average cost of home insurance in Minnesota is $2,252 annually, based on rates from Coverage.com — which is considerably higher than the national average of $1,579. However, your rates may not reflect these averages as premiums are based on multiple variables unique to each homeowner.
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.
Home Insurance Add-Ons That Will Further Protect You
Due to harsh Minnesota weather — especially in winter, these are a few of the additional coverage or amendment options that may be popular with Minnesota homeowners:
- Flood insurance
- Water backup/sump pump endorsement
- Identity theft protection
The Cheapest Homeowner Insurance Companies in Minnesota
| Companies | Average Annual Premium |
| Auto-Owners Insurance | $1,082 |
| AAA | $1,226 |
| North Star Mutual Insurance Company | $1,412 |
| State Farm | $2,161 |
| Country Financial | $2,915 |
| Chubb | $2,413 |
| American Family Insurance | $2,034 |
Cost of Homeowners Insurance by Age of Home
| Age of Home (years) | Average Annual Premium |
| 5 years | $1,787 |
| 20 years | $2,195 |
| 35 years | $2,250 |
| 50 years | $2,253 |
| Average Across Tiers | $2,121 |
Top 3 Cheapest Homeowners Insurance Companies in Minnesota
- Auto-Owners Insurance – $1,082
- AAA – $1,226
- North Star Mutual – $1,412
Top 3 Most Expensive Homeowners Insurance Companies in Minnesota
- State Farm – $2,161
- Chubb – $2,413
- Country Financial – $2,915
The top five home insurance companies that we reviewed each have an average annual premium that is less than the Minnesota average of $2,252 per year for full coverage insurance. Our cheapest quote came from Auto-Owners Insurance, while the higher end averages were found with Chubb and Country Financial.
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.
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.
- 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.
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:
- Customer Ratings — Customer ratings are an indication of satisfaction with the process of filing a claim. We measured this using J.D. Power overall home insurance satisfaction ratings.
- 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.
- 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.
About the Authors
Elizabeth Rivelli is an insurance writer for Reviews.com. Over the last year, she has covered insurance providers, best policies, industry trends and more. Elizabeth has been featured in The Simple Dollar, Bankrate and Coverage.com, among others. She holds a bachelor's degree in Communication Studies from Northeastern University in Boston, MA. The Best Term Life Insurance Companies is Elizabeth’s favorite review on Reviews.com.
