Fairmont Insurance Rates:

Fairmont, MN homeowners insurance is about $831 to $1,132, about $69-$94/month. Our exhaustive guide indicates shoppers can save upto $392 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Fairmont, MN Homeowners Insurance By Home Value

Fairmont, MN Home Value Total Homes % of Total Average Fairmont, MN Homeowners Insurance
Less than $50,000 449 14.0% $215
$50,000 to $59,999 118 3.0% $461
$60,000 to $69,999 257 8.0% $578
$70,000 to $79,999 220 6.0% $667
$80,000 to $89,999 179 5.0% $755
$90,000 to $99,999 201 6.0% $843
$100,000 to $124,999 486 15.0% $981
$125,000 to $149,999 373 11.0% $1226
$150,000 to $174,999 219 6.0% $1451
$175,000 to $199,999 253 7.0% $1667
$200,000 to $249,999 220 6.0% $2011
$250,000 to $299,999 89 2.0% $2462
$300,000 to $399,999 134 4.0% $3129

Top Home Insurance Agents Near Fairmont, MN

Home Insurance Company Near Fairmont, MN Homeowners Insurance Agency Near Fairmont, MN Address
NA First Insurance Agency 306 S Main Street Blue Earth, Blue Earth, MN, 56013
NA Boyken Insurance Agency Inc 101 Hwy 69 North Forest City, Forest City, IA, 50436
Travelers Furth Meile Ins Inc Po Box 635 , New Ulm, MN, 56073
Allstate John Ness Agency 718 1st Ave South, St. James, MN, 56081
Liberty Mutual Independent Ross Nesbit Agencies 12 CIVIC CENTER PLZ STE 1635, MANKATO, MN, 56001

Cost Of Homeowners Insurance By Street Near Fairmont, MN

Streets in Fairmont Area Homeowners Insurance Cost
Co Hwy 38, Lake Ave, N James St, W Belle Vue Rd, Warehouse Ave, W 12th St, Day St, 5th St, N Shore Dr N, S Lake St$971
Sisseton Dr, 265th Ave, Linden Dr, Elm Tree Ct, W 3rd St, W 2nd St, 130th St, E Blue Earth Ave, Bidwell St, W 1st St$971
4th Ave, N Orient St, 140th St, Anna St, Homewood Dr, S Hampton St, Lake Ave, Stella St, E Fred St, Fairlakes Ave$962
1st St SW, 147th St, Lake Aries Rd, Bixby Rd, Dewey St, Martin St, Parkwood Pl, 70th St, 85th Ave, Oak Beach Dr$968
W 3rd St, 60th St, E 5th St, 128th St, Woodland Ave, S Osborne St, Fairview Ave, Walnut St, S State St, Chestnut St$974

Fairmont, MN Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Fairmont$146 to $149
Martin County$146
Rutland$151
Rolling Green$148

Fairmont, 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
Martin County, Minnesota $122 $163 $244
Rutland township, Martin County, Minnesota $127 $169 $253
Rolling Green township, Martin County, Minnesota $124 $165 $247

Fairmont, 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
Fairmont, MN8.2%21.9%
Martin County8.03%21.77%
Rutland6.85%19.25%
Rolling Green5.89%24.6%

Fairmont Renters Insurance as a Percentage of Rent

Fairmont Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 68 4.0% $349
$200 to $299 234 15.0% $799
$300 to $499 289 19.0% $1249
$500 to $749 276 18.0% $1924
$750 to $999 416 27.0% $2674
$1,000 to $1,499 139 9.0% $3799
$1,500 or more 83 5.0% $5449

Fairmont, MN Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$700$2,700
Yearly Fairmont Homeowner Insurance Premium Example $1,100$700
Out of Pocket Expense During Claim$700$2,700
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $9,500$8,300
Net Savings to Fairmont Home Owner from High Deductible Plan $1,200

Fairmont, MN Home Insurance Costs With Home Replacement Value Scenarios

Scenario Fairmont, MN Home Replacement Value MORE than Home Value Fairmont, MN Home Replacement Value LESS than Home Value
Replacement Value $148,000 $97,000
Insurance Premium based on Replacement Value $1,050 $700
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $30,500 Risk Exposure from Under Insuring Coverage is $20,500
Premium Impact Insurance cheaper by $150/year Insurance costlier by $200/year

Example Fairmont Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company TravelersAmerican Family InsuranceNationwide Insurance
Monthly Premium 70155140
Year Built 196119481987
Home Details 3 Beds, 1 Baths4 Beds, 2 Baths5 Beds, 1 Baths
Coverage Amount $125000-$150000$300000-$350000$200000-$250000
Deductible $2500-$5000 Deductible$5000 to $10,000 Deductible$500 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1960 225,000 Asphalt Shingles Roof 3,780 5 > $10,000 Deductible 400 4 Brick siding No
1944 115,000 Asphalt Shingles Roof 1,710 2 $2500-$5000 Deductible 130 3 Wood siding yes
1949 150,000 Wood Shake Roof 1,690 3 $2500-$5000 Deductible 480 6 Wood siding No
1946 95,000 Tile Roof 1,360 3 $500- $1000 Deductible 290 5 Stone Siding No
1967 175,000 Slate Shingles Roof 2,010 3 $2500-$5000 Deductible 150 2 Wood siding No
1988 65,000 Shingles Roof 980 2 $2500-$5000 Deductible 390 10 Wood siding yes
1965 320,000 Shingles Roof 3,800 5 $500 Deductible 1300 7 Vinyl siding No
1966 215,000 Membrane Roof 2,650 5 $1000-$2500 Deductible 770 8 Stone Siding No
1985 115,000 Composition Roof 1,620 2 $2500-$5000 Deductible 270 6 Brick siding yes
1960 190,000 Slate Shingles Roof 2,300 3 $500 Deductible 1350 9 Stucco siding No
1967 165,000 Shingles Roof 2,390 4 $5000 to $10,000 Deductible 360 4 Stone Siding No
1989 325,000 Membrane Roof 4,570 5 > $10,000 Deductible 310 3 Brick siding No
1966 90,000 Slate Shingles Roof 1,360 3 $500 Deductible 270 4 Fiber-Cement Siding yes
1967 90,000 Asphalt Shingles Roof 1,210 3 $2500-$5000 Deductible 310 6 Stone Siding yes
1983 290,000 Wood Shake Roof 4,180 5 $500- $1000 Deductible 900 6 Stucco siding No
1966 285,000 Wood Shake Roof 3,370 5 $1000-$2500 Deductible 640 4 Stone Siding No
1988 170,000 Asphalt Shingles Roof 2,170 5 $1000-$2500 Deductible 440 4 Fiber-Cement Siding No
1949 195,000 Composition Roof 2,590 4 $500- $1000 Deductible 1000 10 Stone Siding No
1947 75,000 Tile Roof 900 2 $1000-$2500 Deductible 270 9 Stone Siding No
1962 225,000 Tile Roof 3,600 5 $2500-$5000 Deductible 120 1 Stucco siding No
1947 70,000 Tile Roof 920 2 $500 Deductible 240 4 Vinyl siding No
1988 65,000 Slate Shingles Roof 970 2 $500 Deductible 280 6 Fiber-Cement Siding yes
1949 150,000 Asphalt Shingles Roof 1,760 3 $2500-$5000 Deductible 560 8 Stucco siding yes
1965 140,000 Shingles Roof 1,760 2 $500- $1000 Deductible 190 2 Stucco siding yes
1967 100,000 Asphalt Shingles Roof 1,220 2 $500 Deductible 60 1 Vinyl siding No
1964 115,000 Composition Roof 1,760 2 $500 Deductible 570 9 Stucco siding No
1989 85,000 Asphalt Shingles Roof 1,390 2 $2500-$5000 Deductible 320 6 Fiber-Cement Siding No
1941 95,000 Metal Roof 1,320 3 $500- $1000 Deductible 160 2 Brick siding yes
1984 210,000 Shingles Roof 2,860 4 $1000-$2500 Deductible 970 7 Brick siding yes
1940 255,000 Asphalt Shingles Roof 3,210 4 $500- $1000 Deductible 560 4 Brick siding No
1949 105,000 Slate Shingles Roof 1,290 3 $1000-$2500 Deductible 190 3 Wood siding No
1968 125,000 Slate Shingles Roof 1,400 2 $500 Deductible 1260 12 Fiber-Cement Siding yes
1944 135,000 Asphalt Shingles Roof 2,180 4 $1000-$2500 Deductible 60 1 Stone Siding yes
1947 75,000 Shingles Roof 930 2 $2500-$5000 Deductible 200 6 Fiber-Cement Siding yes