Latest in Minnesota

myklgr.com
100 words

MN Homeowners Premiums Rise

My KLGR (St. Paul, MN) — Minnesota homeowners have seen some of the nation’s steepest increases in home insurance costs. A new report from the Insurance Federation of Minnesota finds the average annual premium climbed from $1,313 in 2015 to $2,037 in 2023 — an increase…

kiro7.com
277 words

Healthcare and homeownership rates rise

KIRO 7 News Seattle Snapchat's parent company settles lawsuit Apple reports revenue growth in Q4 earnings Southwest storm moving toward central U.S. Healthcare and homeownership rates rise U.S. to cut $4M aid to Israel, hits Iran with more strikes Deputy opens fire after I-5 chase in…

theepochtimes.com
380 words

Why Are Your Home Insurance Bills So High?

Everyone realizes eggs and gas prices have increased, but what about homeowners insurance? According to a Policygenius analysis, homeowners experienced higher premiums at an average increase of $244 between May 2022 and May 2023. Rates are based heavily on how much the house…

qz.com
1,358 words

10 states where home insurance is becoming unaffordable

Average 2026 home insurance premiums in these 10 states exceed $3,750 a year, compared with a $2,872 national average. Florida homeowners carry an average premium of $8,471 in 2026, close to triple the national average. The $5,599 gap between the two exceeds the entire yearly bill in…

Minnesota

Homeowners insurance in Minnesota: rates, insurers, regulators and new rules.

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Minnesota

Minnesota home insurance: a State Farm-led market, hail-driven costs, and state rules on wind/hail deductibles, nonrenewal appeals and FORTIFIED discounts.

Homeowners premiums (2025)$4.61 billion
Largest insurerState Farm (27.39% of 2025 premiums)
Insurer of last resortMinnesota FAIR Plan
Insurance department651-539-1600

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