Faribault Insurance Rates:

Faribault, MN homeowners insurance is nearly $853 to $1,161, about $71-$96/month. Our all inclusive research indicates shoppers can save as much as $402 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

Compare Quotes from Top Providers and Save now!

Latest Home Insurance Reviews

Grange Insurance
My main positive that i really like with grange is the fact that they are so much cheap than everyone else i mean almost like half price compared to some of the big names
State Farm
Even with multi-line discounts, insurance through state farm is extremely expensive. it's far more money than other companies charge for similar products.
Allstate
My home insurance company is always available when i need them, and helps explain how to resolve any issues i might have.
Ameriprise Financial
I have found my local agent to be professional and efficient if I have a claim. We have undergone a couple hurricanes in the past year or so and my insurance agent has been on the spot.
Allstate
Allstate is reliable and quick to respond to requests. online services easy to are user friendly. Been with them for over ten years. rate as a 5.
American Family
Anytime that I need to call them they are always pleasant and very thorough. I have never had a bad instance with them on the phone. Always courteous and friendly.
First National Insurance
They offer a compelling value package when combined with auto insurance. They are quick to respond and have answers when I need them.
Aig
the policy rates are higher when compare to other insurance company. the company provides value details about all customer. But the customer support does not have instant responses for any queries.

Faribault, MN Homeowners Insurance By Home Value

Faribault, MN Home Value Total Homes % of Total Average Faribault, MN Homeowners Insurance
Less than $50,000 716 12.0% $161
$60,000 to $69,999 60 1.0% $422
$70,000 to $79,999 94 1.0% $483
$80,000 to $89,999 169 2.0% $553
$90,000 to $99,999 173 3.0% $614
$100,000 to $124,999 814 14.0% $714
$125,000 to $149,999 738 13.0% $896
$150,000 to $174,999 951 16.0% $1057
$175,000 to $199,999 584 10.0% $1228
$200,000 to $249,999 888 15.0% $1470
$250,000 to $299,999 242 4.0% $1802
$300,000 to $399,999 172 3.0% $2295

Top Home Insurance Agents Near Faribault, MN

Home Insurance Company Near Faribault, MN Homeowners Insurance Agency Near Faribault, MN Address
Farmers J Scanlon 810 Yellow Brick Rd, Chaska, MN, 55318
Farmers James Benson Csp 209 4th Ave NE, Austin, MN, 55912
Allstate John Cornelison 7300 France Ave S Ste 333, Edina, MN, 55435
Travelers Robert O Colvin Insurance Agency Incorporated 8100 PENN AVE SOUTH STE 150C, BLOOMINGTON, MN, 55431
Travelers Trusted Insurance Agency Inc 1520 E 66TH ST, RICHFIELD, MN, 55423

Cost Of Homeowners Insurance By Street Near Faribault, MN

Streets in Faribault Area Homeowners Insurance Cost
Foxwood Ct, Main St, Holland Ave, Western Ave SW, Wellington Ave, 5th Ave SW, Fairfield Ave, Dahle Ave, Co Rd 48, Bethel Ct$1,055
Olander St, Flynn St, Co Hwy 15, 5th St SW, Allen Ln, 2nd St SE, Cypress Dr, 163rd St E, Cannon Lake Trl, 28th St NW$1,021
2nd Ave SW, Co Rd 26, Mott Ave NE, 18th Ct NW, 18, 9th Ave SE, 5th Ave NW, Co Rd 95, Sherwood Ct, Co Hwy 9$1,063
6th St NW, 17th St NW, Western Ave S, 15th St NW, Goldenray Cir, Breck Cir, 158th St E, Co Rd 63, Sunshine Ln, 2nd St NE$1,009
Division St E, 23rd Ave NW, Camp Winona Trl, Halstad Ave, 4th Ave NW, Ann St E, Dodd Rd, Millie Ave, 1st St SE, Co Hwy 36$1,050

Faribault, MN Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Faribault$150 to $153
Rice County$154
Cannon City$160
Warsaw$155

Faribault, 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
Rice County, Minnesota $129 $171 $257
Cannon City township, Rice County, Minnesota $133 $177 $266
Warsaw township, Rice County, Minnesota $130 $173 $259

Faribault, 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
Faribault, MN6.4%18.9%
Rice County5.4%18.09%
Cannon City5.18%20.77%
Warsaw5.56%23.85%

Faribault Renters Insurance as a Percentage of Rent

Faribault Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 56 2.0% $340
$200 to $299 88 3.0% $790
$300 to $499 291 12.0% $1240
$500 to $749 603 26.0% $1915
$750 to $999 720 31.0% $2665
$1,000 to $1,499 542 23.0% $3790

Faribault, MN Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,300$3,300
Yearly Faribault Homeowner Insurance Premium Example $1,000$600
Out of Pocket Expense During Claim$1,300$3,300
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $8,300$7,500
Net Savings to Faribault Home Owner from High Deductible Plan $800

Faribault, MN Home Insurance Costs With Home Replacement Value Scenarios

Scenario Faribault, MN Home Replacement Value MORE than Home Value Faribault, MN Home Replacement Value LESS than Home Value
Replacement Value $310,500 $178,500
Insurance Premium based on Replacement Value $2,925 $1,675
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $66,000 Risk Exposure from Under Insuring Coverage is $66,000
Premium Impact Insurance cheaper by $625/year Insurance costlier by $625/year

Example Faribault Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company American Family InsuranceTravelersAllstate
Monthly Premium 13217264
Year Built 201419472008
Home Details 4 Beds, 3 Baths5 Beds, 4 Baths3 Beds, 1 Baths
Coverage Amount $175000-$200000$400000-$500000$125000-$150000
Deductible $500 Deductible> $10,000 Deductible$2500-$5000 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1984 170,000 Membrane Roof 1,790 3 $5000 to $10,000 Deductible 160 2 Stone Siding yes
1974 135,000 Metal Roof 1,580 2 $1000-$2500 Deductible 290 4 Stone Siding No
2010 190,000 Shingles Roof 2,450 4 $5000 to $10,000 Deductible 580 8 Wood siding No
1980 180,000 Membrane Roof 1,940 3 $1000-$2500 Deductible 90 1 Stone Siding yes
1974 290,000 Composition Roof 3,040 5 $2500-$5000 Deductible 160 1 Fiber-Cement Siding No
1986 175,000 Metal Roof 1,660 3 $2500-$5000 Deductible 100 1 Fiber-Cement Siding yes
1988 135,000 Slate Shingles Roof 1,240 2 $2500-$5000 Deductible 490 8 Fiber-Cement Siding No
2009 105,000 Asphalt Shingles Roof 1,060 2 $1000-$2500 Deductible 320 6 Brick siding yes
1972 350,000 Composition Roof 3,950 5 $2500-$5000 Deductible 1910 10 Wood siding No
2009 355,000 Wood Shake Roof 3,510 5 $1000-$2500 Deductible 1670 10 Fiber-Cement Siding No
2009 240,000 Membrane Roof 2,470 5 $500- $1000 Deductible 960 7 Stone Siding yes
2010 210,000 Membrane Roof 2,230 4 > $10,000 Deductible 200 2 Fiber-Cement Siding No
1978 120,000 Shingles Roof 1,290 2 $500 Deductible 340 5 Wood siding yes
1979 175,000 Membrane Roof 1,740 4 $1000-$2500 Deductible 340 3 Stucco siding yes
2012 255,000 Membrane Roof 2,290 5 $500 Deductible 1140 7 Brick siding No
1975 500,000 Metal Roof 4,550 5 $500 Deductible 3450 10 Fiber-Cement Siding yes
1972 100,000 Tile Roof 1,140 2 $1000-$2500 Deductible 90 2 Brick siding yes
1941 220,000 Asphalt Shingles Roof 2,190 3 > $10,000 Deductible 360 4 Brick siding yes
2009 155,000 Composition Roof 1,840 3 $5000 to $10,000 Deductible 1030 12 Stucco siding No
2008 150,000 Membrane Roof 1,910 5 $2500-$5000 Deductible 70 1 Wood siding yes
1945 195,000 Wood Shake Roof 2,210 5 $1000-$2500 Deductible 180 2 Brick siding No
1984 200,000 Wood Shake Roof 2,270 3 $500- $1000 Deductible 660 5 Wood siding yes
1984 315,000 Asphalt Shingles Roof 3,430 5 $2500-$5000 Deductible 1790 9 Wood siding No
1971 200,000 Asphalt Shingles Roof 1,820 3 $500- $1000 Deductible 880 6 Vinyl siding No
1980 180,000 Membrane Roof 2,050 3 $5000 to $10,000 Deductible 710 6 Fiber-Cement Siding No
2008 210,000 Wood Shake Roof 2,330 4 $1000-$2500 Deductible 740 6 Brick siding No
1972 80,000 Slate Shingles Roof 980 2 $500 Deductible 190 3 Wood siding No
1941 200,000 Shingles Roof 2,180 5 $500 Deductible 660 4 Stucco siding No
1989 250,000 Tile Roof 2,780 4 $500- $1000 Deductible 860 6 Fiber-Cement Siding No
1983 275,000 Membrane Roof 3,130 4 $500 Deductible 1730 9 Stucco siding No
2006 115,000 Asphalt Shingles Roof 1,130 2 $500- $1000 Deductible 460 8 Vinyl siding No
2003 255,000 Tile Roof 2,390 3 $2500-$5000 Deductible 890 8 Stone Siding No
2013 140,000 Metal Roof 1,500 5 $1000-$2500 Deductible 330 4 Brick siding yes
1975 175,000 Tile Roof 1,790 4 $2500-$5000 Deductible 440 4 Fiber-Cement Siding No