Baxter Insurance Rates:

Baxter, MN home insurance is nearly $861 to $1,177, about $71-$98/month. Our complete analysis reveals consumers can save as much as $407 by getting multiple quotes

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Baxter Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $380/4 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $165,000

4 Beds, 4 Baths 2020 sqft Primary Residence Constructed In 1998 with Stone Flooring, Metal Roof, Chainwall Foundation, Stucco siding, Brick Frame. Home Features Include Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

46 Years old Divorced Female who has a Full Time Job with household income of $25-50,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

  • Guests at home

Home Insurance Rate of $210/2 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $250,000

4 Beds, 4 Baths 2500 sqft Primary Residence Constructed In 2014 with Carpet over wood flooring, Shingles Roof, Slab Foundation, Brick siding, Stucco Construction. Home Features Include Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

32 Years old Divorced Female who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • Up to 499 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1520/12 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $280,000

4 Beds, 4 Baths 2830 sqft Rental Property Constructed In 2013 with Carpet Flooring, Slate Shingles Roof, Chainwall Foundation, Stone Siding, Brick Frame. Home Features Include Fireplace, Central Air Conditioning, Swimming Pool, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

32 Years old Divorced Female who has a Full Time Job with household income of more than $150,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $650/5 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $295,000

5 Beds, 5 Baths 2710 sqft Rental Property Constructed In 2000 with Stone Flooring, Slate Shingles Roof, Chainwall Foundation, Stone Siding, Wood Frame. Home Features Include Fire Extinguisher, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

36 Years old Married Female who is a Freelancer with household income of $50-$75,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $270/5 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $150,000

3 Beds, 3 Bath 1460 sqft Seasonal Residence Constructed In 1983 with Wood Flooring, Composition Roof, Piers Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Swimming Pool, Indoor Sprinklers, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

67 Years old Single Female who has a Full Time Job with household income of $75-$100,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 750-799 Credit Score

  • Guests at home

Home Insurance Rate of $470/3 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $220,000

3 Beds, 3 Bath 2390 sqft Seasonal Residence Constructed In 2013 with Hardwood Flooring, Shingles Roof, Crawl Space Foundation, Wood siding, Brick Frame. Home Features Include Swimming Pool, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

46 Years old Married Female who is Unemployed with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 550-599 Credit Score

  • Guests at home

Home Insurance Rate of $410/5 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $190,000

4 Beds, 4 Bath 1990 sqft Vacation Property Constructed In 1997 with Carpet over wood flooring, Tile Roof, Piers Foundation, Stone Siding, Wood Frame. Home Features Include Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

40 Years old Married Female who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $240/2 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $140,000

5 Beds, 5 Baths 1540 sqft Primary Residence Constructed In 2002 with Linoleum, Asphalt Shingles Roof, Crawl Space Foundation, Stone Siding, Brick Frame. Home Features Include Swimming Pool, Indoor Sprinklers, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

28 Years old Divorced Male who has a Part Time Job with household income of less than $25,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Baxter, MN Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
56425 $175,500 $1,030

Baxter Rates & Quotes Analysis:

Baxter Area Estimated House Insurance
Barbeau Rd, Rush Lake Ct, Greenleaf Ln, Soder Rd, Buffalo Hills Ln E, Green Briar Dr, Riverside Dr N, Charles St, N Browns Ln, Gull Lake Dr$1,037
D St NE, Cove Pointe Rd N, Birch Grove Rd NW, Woodland Hills Ln SW, Rudbeck Rd, Buckmark Trl, Eagle Ridge Cir S, Deerwood Rd N, Co Rd 77, Parkwood Dr$1,028
Homestead Ln, Summer Ct, Gull River Trl, Hillcrest Dr, Warrior Ave, Karr Dr, Briarwood Ln S, Maryland Rd, Gulf River Rd NW, Hadley Rd$1,047
Commercial Park Dr NW, Cherrywood Dr N, Devries Rd N, Co Rd 48, Lyndale Ct N, Joannes Dr NW, N Pond Dr, Maryville Rd, Oak Knot Cir, Mapleton Rd S$1,045
Pine Circle Rd, Oak St N, Sorrel Oak Trl, Patterson Rd, Dorothy Trl, Shady Ln Cir NW, Art Ward Rd, Birch Ln S, Tall Timbers Rd, Memorywood Dr N$1,029

Insurance rates are influenced by a number of factors including:

  • Year Built: 623 Homes (19% of total homes ) built between 1990 to 1999 in Baxter are paying home insurance between $1,470-$1,485. Places close to Baxter, MN such as East Gull Lake, First Assessment, Fairview are more expensive by $157, $33, $101 respectively while Brainerd and Oak Lawn are cheaper by $49 and $16 respectively for similar homes.
  • Bedrooms: 1,058 4 bedrooms homes (34% of total homes ) in Baxter are paying about $1,283 and varies from Sylvan (+$8), East Gull Lake (+$138), First Assessment (+$29), Crow Wing (-$6) and Brainerd (-$42).
  • Auto Insurance Bundling: 558 Households (26% of all households) in Baxter have 3 or more vehicles available and when it is bundled with home insurance you can save $254 and varies from Crow Wing ($253), Brainerd ($246), Sylvan ($256).
  • Senior Discounts: 886 seniors (more than 55 years) occupied housing units (41% of total) in Baxter get discounts between $151 to $153. The comparative concessions in proximate regions such as Crow Wing, Brainerd and Sylvan are $152, $147 and $153 respectively.
  • New Homes discounts: New homes such as the 2,082 homes built between 2000 to 2009 in Baxter can save $203 and differs from Crow Wing ($202), Brainerd ($197), Sylvan ($205).

Baxter Homeowners insurance Facts

  • Baxter, MN has 2,113 owner occupied houses which is 70.5% of all units whereas Crow Wing, Brainerd and Sylvan have 88.68%, 47.12% and 86.38% respectively.
  • Baxter, MN homeowners yearly insurance price at $1,019 is 0.58% of the typical house value of $174,600 which is in contrast with 0.61% in Crow Wing, 0.84% at Brainerd & 0.55% in Sylvan.
  • Homeowners in Baxter, MN pay 2.72% of their income ($35,000 to $39,999) in insurance whereas homeowners in Crow Wing, Brainerd and Sylvan pay 2.7%, 2.63% and 2.73% respectively.
  • Baxter, MN’s insurance is 6.1% of monthly housing costs of $1,388/month, for owners with a mortgage compared to 6.93% in Crow Wing, 7.44% at Brainerd & 6.51% in Sylvan. But, for households without a mortgage, insurance is 18.0% of costs ($472 in Baxter, MN) in contrast with 22.35% in Crow Wing, 24.72% at Brainerd & 23.93% in Sylvan.

Baxter, MN Home Values & Insurance rates

For example, insurance for 324 Homes (17.0% of total homes ) valued between $200,000 to $249,999 in Baxter, MN is about $1,314. Rates in nearby areas in such as Sylvan, East Gull Lake, First Assessment are cheaper by $74, $626, $231 respectively while Crow Wing and Brainerd are costlier by $54 and $577 respectively for similar homes.

Baxter, MN Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 26 1.0% $142
$50,000 to $59,999 30 1.0% $305
$90,000 to $99,999 88 4.0% $550
$100,000 to $124,999 107 5.0% $641
$125,000 to $149,999 243 13.0% $794
$150,000 to $174,999 560 30.0% $947
$175,000 to $199,999 193 10.0% $1090
$200,000 to $249,999 324 17.0% $1314
$250,000 to $299,999 142 7.0% $1599
$300,000 to $399,999 107 5.0% $2038

Renters Insurance in Baxter

  • Average Renters Insurance in Baxter :  $145($12/month)

  • Median Gross Rent in Baxter :  $870

  • Baxter Renters Insurance to Median Rent Ratio:  1.38%

  • Average household size of renter-occupied unit :  2.07

Baxter Renters Insurance as a Percentage of Rent

Baxter Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 51 5.0% $1236
$500 to $749 226 25.0% $1911
$750 to $999 338 38.0% $2661
$1,000 to $1,499 135 15.0% $3786
$1,500 or more 123 14.0% $5436

Rent Affordability in Baxter:

Approximately 33.0% (297) of households are spending more than 35% of their income on gross rent in Baxter

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 116 13.0%
15.0 to 19.9 percent 67 7.0%
20.0 to 24.9 percent 256 28.0%
25.0 to 29.9 percent 103 11.0%
30.0 to 34.9 percent 44 4.0%
35.0 percent or more 297 33.0%

Protective device discount in Baxter Up to :  $21

Claims-free discount in Baxter Up to :  $29