Detroit Lakes Insurance Rates:

Detroit Lakes, MN homeowners insurance is approximately $852 to $1,163, about $71-$96/month. Our complete analysis shows customers can save upto $403 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Detroit Lakes, MN Homeowners Insurance By Home Value

Detroit Lakes, MN Home Value Total Homes % of Total Average Detroit Lakes, MN Homeowners Insurance
Less than $50,000 105 4.0% $161
$50,000 to $59,999 54 2.0% $332
$60,000 to $69,999 64 2.0% $413
$70,000 to $79,999 68 2.0% $483
$80,000 to $89,999 121 5.0% $544
$90,000 to $99,999 176 7.0% $614
$100,000 to $124,999 360 15.0% $715
$125,000 to $149,999 254 10.0% $887
$150,000 to $174,999 346 14.0% $1048
$175,000 to $199,999 171 7.0% $1219
$200,000 to $249,999 297 12.0% $1461
$250,000 to $299,999 212 9.0% $1784
$300,000 to $399,999 123 5.0% $2268

Top Home Insurance Agents Near Detroit Lakes, MN

Home Insurance Company Near Detroit Lakes, MN Homeowners Insurance Agency Near Detroit Lakes, MN Address
Travelers Lake Country Ins Inc 106 N. BOARDMAN AVE, NEW YORK MILLS, MN, 56567
NA Northway Insurance Of Park Rapids 1303 Park Ave S Park Rapids, Park Rapids, MN, 56470
NA Farmers Union Insurance Agency 402 3Rd St E Ste 7, Ada, MN, 56510
NA Lichtsinn-Anderson Insurance 1001 Center Avenue #B, Moorhead, MN, 56560
Travelers Fmi Inc 428 25TH ST S, FARGO, ND, 58103

Cost Of Homeowners Insurance By Street Near Detroit Lakes, MN

Streets in Detroit Lakes Area Homeowners Insurance Cost
Lincoln Ave, Richwood Rd, Ridge Rd, Co Rd 54, McCarthy Ln, Sunset Ln, Co Rd 150, Rock Lake Access Rd, Acorn Lake Rd, Becker St$1,012
Stony Rd, Co Rd 24, 8th St SE, Twp Rd 82, Kirch Rd Dr, Heavenly Acres Dr, Homestead St, N P Rd, Maple Ave E, Co Rd 113$990
Brandy Lake Rd, Coaley Bay Dr, Willow Springs Rd, Willow St W, Anchor Rd, 320 Ave, Co Rd 53, Madison Ave, Gabriel Cir, Co Rd 21$1,047
Willow St E, Shorewood Dr, Upsala Church Rd, 358th Ave, Co Rd 21, Co Rd 25, Millview Ln, Stone Creek Blvd, Birch Dr, Pine Ave E$984
Mountain Rd, Co Rd 32, Rock Rice Rd, 337th Ave, Wine Lake Rd, E Commons Rd, NE Rock Lake Rd, Oak Ln, Sunrise Ln, 330th Ave$1,014

Detroit Lakes, MN Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Detroit Lakes$150 to $153
Lake View$158
Detroit$154
Erie$155

Detroit Lakes, MN Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Lake View township, Becker County, Minnesota $132 $175 $263
Detroit township, Becker County, Minnesota $129 $171 $257
Erie township, Becker County, Minnesota $130 $173 $259

Detroit Lakes, MN Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Detroit Lakes, MN6.5%23.1%
Lake View5.54%20.78%
Detroit6.86%22.91%
Erie6.87%22.31%

Detroit Lakes Renters Insurance as a Percentage of Rent

Detroit Lakes Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 44 3.0% $340
$200 to $299 181 13.0% $790
$300 to $499 263 18.0% $1240
$500 to $749 448 32.0% $1915
$750 to $999 230 16.0% $2665
$1,000 to $1,499 169 12.0% $3790
$1,500 or more 53 3.0% $5440

Detroit Lakes, MN Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,000$2,000
Yearly Detroit Lakes Homeowner Insurance Premium Example $800$600
Out of Pocket Expense During Claim$1,000$2,000
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $7,400$6,800
Net Savings to Detroit Lakes Home Owner from High Deductible Plan $600

Detroit Lakes, MN Home Insurance Costs With Home Replacement Value Scenarios

Scenario Detroit Lakes, MN Home Replacement Value MORE than Home Value Detroit Lakes, MN Home Replacement Value LESS than Home Value
Replacement Value $284,000 $220,500
Insurance Premium based on Replacement Value $2,375 $1,850
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $24,500 Risk Exposure from Under Insuring Coverage is $39,000
Premium Impact Insurance cheaper by $325/year Insurance costlier by $200/year

Example Detroit Lakes Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Chubb Group of InsuranceAmica Mutual Insurance CompanyTravelers
Monthly Premium 9753204
Year Built 201319401982
Home Details 4 Beds, 2 Baths3 Beds, 1 Baths5 Beds, 4 Baths
Coverage Amount $200000-$250000$125000-$150000$500000-$600000
Deductible $2500-$5000 Deductible$2500-$5000 Deductible> $10,000 Deductible

Sample Home Insurance Rates for Detroit Lakes, MN from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
2004 100,000 Metal Roof 970 2 $1000-$2500 Deductible 280 6 Wood siding No
1976 140,000 Composition Roof 1,420 3 $1000-$2500 Deductible 580 6 Stone Siding yes
2002 220,000 Asphalt Shingles Roof 2,020 3 $1000-$2500 Deductible 420 4 Fiber-Cement Siding yes
1941 200,000 Slate Shingles Roof 1,900 3 $500- $1000 Deductible 1320 10 Fiber-Cement Siding yes
1944 130,000 Slate Shingles Roof 1,720 4 $2500-$5000 Deductible 310 5 Brick siding No
2013 280,000 Membrane Roof 2,930 5 $2500-$5000 Deductible 870 8 Stone Siding yes
2006 265,000 Composition Roof 2,990 5 $500- $1000 Deductible 570 3 Vinyl siding No
2006 295,000 Metal Roof 2,620 5 $1000-$2500 Deductible 970 6 Stucco siding yes
1949 300,000 Wood Shake Roof 2,970 4 $5000 to $10,000 Deductible 1200 7 Vinyl siding yes
1969 115,000 Membrane Roof 1,100 2 $2500-$5000 Deductible 470 8 Stucco siding No
1989 450,000 Tile Roof 4,810 5 $2500-$5000 Deductible 1030 4 Stone Siding yes
1984 195,000 Composition Roof 1,830 3 $2500-$5000 Deductible 530 6 Stone Siding No
1946 420,000 Asphalt Shingles Roof 4,730 5 $2500-$5000 Deductible 580 3 Fiber-Cement Siding No
1968 125,000 Composition Roof 1,450 3 $500- $1000 Deductible 460 7 Fiber-Cement Siding No
1985 515,000 Composition Roof 4,840 5 > $10,000 Deductible 880 4 Fiber-Cement Siding No
2010 250,000 Tile Roof 2,280 4 $2500-$5000 Deductible 1330 12 Fiber-Cement Siding No
1977 240,000 Shingles Roof 2,410 5 > $10,000 Deductible 290 4 Stone Siding No
2007 180,000 Membrane Roof 1,750 3 $500- $1000 Deductible 1080 12 Stucco siding No
2013 245,000 Tile Roof 3,320 4 $500 Deductible 730 5 Stucco siding yes
1967 150,000 Slate Shingles Roof 1,970 4 $1000-$2500 Deductible 770 10 Brick siding yes
1978 210,000 Shingles Roof 2,030 3 $5000 to $10,000 Deductible 1400 12 Fiber-Cement Siding yes
2011 170,000 Composition Roof 2,190 3 $500- $1000 Deductible 730 6 Wood siding No
1974 115,000 Metal Roof 1,120 2 $500- $1000 Deductible 470 6 Stucco siding No
1974 135,000 Tile Roof 1,280 2 $2500-$5000 Deductible 440 8 Vinyl siding yes
1985 130,000 Slate Shingles Roof 1,610 5 $500 Deductible 520 7 Wood siding No
1975 280,000 Metal Roof 2,540 5 $2500-$5000 Deductible 1080 10 Stone Siding No
2005 275,000 Membrane Roof 3,310 5 $5000 to $10,000 Deductible 100 1 Vinyl siding yes
1948 155,000 Membrane Roof 1,870 5 $5000 to $10,000 Deductible 250 3 Brick siding No