Average homeowners insurance cost in St. Paul, MN

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In St. Paul, homeowners pay an average annual rate of $2,583 (for the coverage level of $300,000 for dwelling, $100,000 for liability protection, and $1,000 deductible), according to Insure.com’s rate analysis. It’s just a $1 more than the national average of $2,582.

Homeowners insurance rates change from one home to another. The home insurance premium in St. Paul depends on various factors, such as:

Size of your home
Age of your home
Amount of coverage you need
Location
Your credit score

To ensure you secure the best homeowners insurance policy, compare quotes from multiple insurers, enabling you to find the right coverage that aligns with your specific requirements.

Read this guide to learn how much homeowners insurance costs monthly in St. Paul, what home insurance costs for different dwelling coverage, and which companies offer cheap home insurance in St. Paul.

Key takeaways

Homeowners insurance costs $2,583 per year in St. Paul.
At $1,556 per year, Auto-Owners offers the cheapest homeowners insurance in St. Paul.
Your home insurance rates increase by $648 more annually if you increase your dwelling coverage from $200,000 to $300,000.

Average homeowners insurance cost in St. Paul per month

According to Insure.com’s rate analysis, residents of St. Paul pay an average of $215 per month for homeowners insurance. This is $15 more than the state average of $200 and almost equals to the national average for home insurance across the United States. The cost of your homeowners insurance policy in St. Paul can vary depending on your location, property value, and selected coverage options.

Average homeowners insurance cost for a $200,000 house in St. Paul

The average cost of homeowners insurance in St. Paul, MN is $1,935 annually for the dwelling coverage of $200,000 and the liability protection of $100,000. The amount you pay for home insurance each year depends on many different things. The types of natural disasters or events that take place in your area affect how much you pay for coverage in your city.

Some areas are more at risk for natural disasters, like flood, hurricanes, or tornadoes. This means that if something happens, the cost of rebuilding would be higher in those areas, thereby leading to higher insurance premiums. Your insurance policy might not cover damage caused by floods or hurricanes. So, if you live in a flood-prone area, consider buying flood insurance coverage.

Average homeowners insurance cost for a $300,000 house in St. Paul

According to a rate analysis by Insure.com, homeowners in St. Paul pay an average of $2,583 per year for a $300,000 house. These rates are for the coverage limits of $100,000 for liability protection and $1000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $648 more a year for home insurance. It would be best to buy enough insurance to cover the full cost of rebuilding your home.

However, the amount of dwelling coverage you need may vary depending on the size of your home, the features in your home, and the cost of living in your area.

Average homeowners insurance cost in St. Paul by company

Among the carriers analyzed, Auto-Owners is the most affordable homeowners insurance company in St. Paul, offering an average annual rate of $1,556.

Western National Mutual ranks second, while Automobile Club MI (AAA) holds the third spot with an average annual rate of $1,985.

Researching a company thoroughly before selecting a homeowners insurance policy is essential. Insure.com has meticulously reviewed all insurance companies operating in St. Paul and compiled a list of the most affordable options.

Below are the details of home insurance companies in St. Paul and their average annual premiums.

Home Insurance Company	Annual rate
Auto-Owners	$1,556
Western National Mutual	$1,638
West Bend Mutual	$2,088
American Family	$2,428
State Farm	$2,499
North Star Mutual	$2,750
Farmers	$2,895
Country Financial	$5,097
Automobile Club MI (AAA)	$1,985

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in St. Paul for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.