Rochester Insurance Rates:

Rochester, MN home insurance is roughly $861 to $1,166, about $71-$97/month. Our extensive guide reveals consumers can save as much as $405 by getting multiple quotes

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Rochester Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $850/10 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $160,000

3 Beds, 3 Bath 1890 sqft Rental Property Constructed In 1969 with Linoleum, Shingles Roof, Piers Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Swimming Pool, Indoor Sprinklers, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

66 Years old Single Female who is Retired with household income of $25-50,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $300/4 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $120,000

2 Beds, 2 Bath 1090 sqft Rental Property Constructed In 2013 with Carpet Flooring, Tile Roof, Chainwall Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Smoke Alarm, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

37 Years old Single Female who has a Part Time Job with household income of less than $25,000 and has 2 Pets and is a Non-Smoker

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

  • Up to 499 Credit Score

  • Seniors staying at home

Home Insurance Rate of $550/2 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $405,000

5 Beds, 5 Bath 4070 sqft Seasonal Residence Constructed In 2005 with Carpet Flooring, Wood Shake Roof, Piers Foundation, Stone Siding, Wood Frame. Home Features Include Swimming Pool, Fireplace, Copper Water Pipes, Indoor Sprinklers, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

70 Years old Divorced Male who is a Freelancer with household income of $25-50,000 and has No Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $190/3 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $110,000

2 Beds, 2 Bath 1410 sqft Primary Residence Constructed In 2011 with Ceramic Tile Flooring, Wood Shake Roof, Crawl Space Foundation, Brick siding, Wood Frame. Home Features Include Indoor Sprinklers, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

36 Years old Single Female who is Unemployed with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

Rochester, MN Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
55902 $233,700 $1,070
55906 $195,900 $1,030
55901 $168,200 $1,030
55901 $168,200 $1,030
55904 $140,100 $1,000

Rochester Rates & Quotes Analysis:

Rochester Area Estimated House Insurance
40th Ave NE, Evergreen Dr NW, Sand Trap Rd SE, Arena Dr SE, 24th St NW, Kline Ln SW, 60th Ave NW, Orion St SW, Paradise Ct SW, Robinson Creek Rd SW$1,018
8th Ave SE, Kings Park Rd NW, 12th SE, Edelweiss Ln NW, E United States Highway 52 Frontage Rd NW, Palmer Ln NW, Country Club Rd SE, 8 1/2 Ave SE, Deerhaven Ln NE, Co Rd 154$1,082
110th St, Woodrose Ct SE, 1st St SW, Teakwood Ln SW, 40th Ave SE, 40th St SW, 50th St SW, Cassidy Dr NE, Co Rd 108 SW, Terrace Ln NE$1,053
16 1/2 Ave NW, Valley View Rd SW, Hidden Hollow Ct SE, Canal Pl SE, Co Rd D SE, Northern Valley Dr NE, Hadley Valley Rd, 75th St NW, Stapleton Ln NW, Summerset Ct SE$1,056
Brook Ln SW, 65th St SW, W River Pkwy NW, Covill St SW, 50th Ave S, 42nd Ave SE, Stoneham Ln NW, Co Rd 21 NE, Elton Ridge Ct NW, Maple Dr$1,058
Meadow Lakes Ln NW, Northland Ln, 21st St NE, Peregrine Dr SE, Town Hall Rd NW, Liverpool Pl NW, 40th Ave, 10th Ave NW, Orchard Ct SW, River Heights Ct NW$1,001
20th Ave NE, 110th St SE, Weatherhill Rd SW, Marion Ct SE, Salley Ridge Ln NE, Aune Dr SE, Chenoa Ln SW, Sandcherry Pl NW, 13th St NW, 61st St NW$1,056
Spruce, Center St E, 120th St NW, Tamarack Ln SE, Oakview Ct SE, 60th Ave SW, 70th Ave SW, Marion Pl SE, Neville Ct SE, 23rd St SE$1,061
Manor Dr NW, Greenbriar Rd SW, Prince Dr NW, Co Rd 5 NW, 23rd Ln SE, Red Tail Pl SE, Pheasant Ln NW, Kristin Dr NW, Viola Heights Dr NE, 26th St SE$998
31st St SE, Shorewood Ln NE, Oak Ct SE, 49th St NW, 88th Ave NW, Crystal Bay Ct SW, 3 St NW, Northern Heights Dr NW, Cascade St NW, 47th Ave SE$999

Insurance rates are influenced by a number of factors including:

  • Year Built: 6,500 Homes (14% of total) built between 1970 to 1979 in Rochester are paying home insurance between $1,644-$1,659 in contrast with Cascade (+$142), Marion (+$75), Haverhill (+$151), Stewartville (-$13) and Eyota (-$11).
  • Bedrooms: 13,838 3 bedrooms homes (30% of total homes ) in Rochester are paying about $842. Areas near to Rochester such as Olmsted County, Cascade, Marion are costlier by $3, $72, $38 respectively whereas Stewartville and Eyota are more economical by $7, $6 respectively for similar homes.
  • Auto Insurance Bundling: 6,031 Households (19% of all households) in Rochester have 3 or more vehicles available and when it is bundled with home insurance you can save $253. Discounts for similar bundling in close by locations such as Olmsted County, Cascade, Marion come to $254, $275, $265 respectively.
  • Senior Discounts: 11,815 seniors (more than 55 years) occupied housing units (38% of total) in Rochester get discounts between $151 to $154. The comparative concessions in proximate regions such as Olmsted County, Cascade and Marion are $152, $165 and $159 respectively.
  • New Homes discounts: New homes such as the 21,672 homes built between 2000 to 2009 in Rochester can save $202 and differs from Olmsted County ($203), Cascade ($220), Marion ($212).

Rochester Homeowners insurance Facts

  • Rochester, MN has 30,487 owner occupied houses which is 71.2% of all units whereas Olmsted County, Cascade and Marion have 75.22%, 97.04% and 93.62% respectively.
  • Rochester, MN homeowners yearly insurance price at $1,014 is 0.61% of the typical house value of $165,300 which is in contrast with 0.59% in Olmsted County, 0.35% at Cascade & 0.43% in Marion.
  • Homeowners in Rochester, MN pay 2.7% of their income ($35,000 to $39,999) in insurance whereas homeowners in Olmsted County, Cascade and Marion pay 2.71%, 2.94% and 2.83% respectively.
  • Rochester, MN’s insurance is 6% of monthly housing costs of $1,409/month, for owners with a mortgage compared to 5.77% in Olmsted County, 4.39% at Cascade & 5.27% in Marion. But, for households without a mortgage, insurance is 19.0% of costs ($445 in Rochester, MN) in contrast with 18.24% in Olmsted County, 16.99% at Cascade & 20.26% in Marion.

Rochester, MN Home Values & Insurance rates

For example, insurance for 2,251 Homes (7.0% of total homes ) valued between $250,000 to $299,999 in Rochester, MN is about $1,683. Rates in nearby areas in such as Olmsted County, Cascade, Marion are cheaper by $65, $737, $496 respectively while Stewartville and Eyota are costlier by $137 and $119 respectively for similar homes.

Rochester, MN Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 1,421 4.0% $152
$70,000 to $79,999 403 1.0% $456
$80,000 to $89,999 526 1.0% $517
$90,000 to $99,999 920 3.0% $577
$100,000 to $124,999 3,161 10.0% $669
$125,000 to $149,999 5,134 17.0% $841
$150,000 to $174,999 5,257 18.0% $993
$175,000 to $199,999 3,110 10.0% $1145
$200,000 to $249,999 3,780 13.0% $1379
$250,000 to $299,999 2,251 7.0% $1683
$300,000 to $399,999 2,408 8.0% $2139

Renters Insurance in Rochester

  • Average Renters Insurance in Rochester :  $153($12/month)

  • Median Gross Rent in Rochester :  $777

  • Rochester Renters Insurance to Median Rent Ratio:  1.54%

  • Average household size of renter-occupied unit :  2.08

Rochester Renters Insurance as a Percentage of Rent

Rochester Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 221 1.0% $338
$200 to $299 652 5.0% $788
$300 to $499 805 6.0% $1238
$500 to $749 3,811 31.0% $1913
$750 to $999 3,037 25.0% $2663
$1,000 to $1,499 2,455 20.0% $3788
$1,500 or more 940 7.0% $5438

Rent Affordability in Rochester:

Approximately 41.0% (5,161) of households are spending more than 35% of their income on gross rent in Rochester

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 2,031 16.0%
15.0 to 19.9 percent 1,267 10.0%
20.0 to 24.9 percent 1,474 11.0%
25.0 to 29.9 percent 1,365 11.0%
30.0 to 34.9 percent 1,016 8.0%
35.0 percent or more 5,161 41.0%

Rochester Renters Insurance Discounts:

Rochester Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Rochester, MN Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 6,578 53.0% $15.3
2 vehicles available 2,689 21.0% $22.95
3 or more vehicles available 764 6.0% $30.6

Rochester Senior Citizen Discounts:

Age Senior Occupied Housing Units % of Total Discount offered
55 to 59 years 604 4.0% $77
60 to 64 years 443 3.0% $62
65 to 74 years 563 4.0% $50
75 years and over 1,256 10.0% $38

Protective device discount in Rochester Up to :  $22

Claims-free discount in Rochester Up to :  $30