Farmington Insurance Rates:

Farmington, MN homeowners insurance is approximately $880 to $1,197, about $73-$99/month. Our comprehensive research shows customers can save upto $415 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Esurance
Assurance has been a wonderful choice to meet my home insurance needs. their ease of use by providing their services online with 24/7 access is very convenient and by bulking a number of services i receive a discount. any time that i have had a question or concern i have received prompt attention and responses by either email, chat, or phone.
Arrow Financial Corporation
I don’t like that they are not local to me and don’t have a physical presence in my city. they keep eastern hours which makes it harder for me to reach someone if i ever need to contact them.
American Home Shield
I am satisfied with my insurance company. i really don't have any issues with them and i will likely keep the policy.

Farmington, MN Homeowners Insurance By Home Value

Farmington, MN Home Value Total Homes % of Total Average Farmington, MN Homeowners Insurance
Less than $50,000 122 1.0% $114
$90,000 to $99,999 85 1.0% $467
$100,000 to $124,999 481 7.0% $540
$125,000 to $149,999 408 6.0% $675
$150,000 to $174,999 730 11.0% $800
$175,000 to $199,999 981 15.0% $924
$200,000 to $249,999 1,428 23.0% $1111
$250,000 to $299,999 1,199 19.0% $1361
$300,000 to $399,999 703 11.0% $1724

Top Home Insurance Agents Near Farmington, MN

Home Insurance Company Near Farmington, MN Homeowners Insurance Agency Near Farmington, MN Address
NA Thor Insurance 3454 Fremont Ave N, Minneapolis, MN, 55412
Liberty Mutual Andrei Shofman 1250 Northland Drive Suite 130, Mendota Heights, MN, 55120
Farmers Andy Elliott 21151 John Milless Dr, Rogers, MN, 55374
State Farm Denton Achenbach 310 W Main St, Ellsworth, WI, 54011-5094
State Farm Ray Jalivay 8030 Old Cdr Ave S Ste 102, Bloomington, MN, 55425-1214

Cost Of Homeowners Insurance By Street Near Farmington, MN

Streets in Farmington Area Homeowners Insurance Cost
Beaumont Way, Eaves Way, Blue Jay Ct, Echo Dr, Ash St W, Whispering River Ln, Excalibur Trl, 4th St, 180th St W, Everhill Ave$1,046
Honeysuckle Ln, 9th St, Exchange Trl, 204th St W, 189th St W, Eureka Ave, Willow Trl, Division St, Eaglewood Trl, Eastview Curve$1,023
8th St, Beech, Exceptional Trl, English Ave, Dupont Way, Erickson Path, 224th St W, Enright Way, Willow Way, Empire Trl$1,043
Emblem Ct, Exley Ave, Devonshire Ave, Englewood Ct, Euclid Ct, E Oak St, Eldorado Way, Embers Ave, Echo Ter, Akin Rd$1,048
Chandler Ave, Dunbury Ave, Ewing St, Elk River Trl, Dylan Dr, Dawson Ln, 199th St W, E Oaks Dr, Excelsior Ln, Sunnyside Dr$1,053

Farmington, MN Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Farmington$155 to $158
Empire$160
Lakeville$159
Dakota County$157

Farmington, 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
Empire township, Dakota County, Minnesota $134 $178 $267
Lakeville city, Minnesota $133 $177 $265
Dakota County, Minnesota $131 $175 $262

Farmington, 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
Farmington, MN4.7%16.9%
Empire4.44%12.93%
Lakeville4.58%16.68%
Dakota County5.02%16.78%

Farmington, MN Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$900$2,900
Yearly Farmington Homeowner Insurance Premium Example $1,200$800
Out of Pocket Expense During Claim$900$2,900
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $10,500$9,300
Net Savings to Farmington Home Owner from High Deductible Plan $1,200

Farmington, MN Home Insurance Costs With Home Replacement Value Scenarios

Scenario Farmington, MN Home Replacement Value MORE than Home Value Farmington, MN Home Replacement Value LESS than Home Value
Replacement Value $226,000 $152,500
Insurance Premium based on Replacement Value $2,100 $1,425
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $40,500 Risk Exposure from Under Insuring Coverage is $33,000
Premium Impact Insurance cheaper by $300/year Insurance costlier by $375/year

Example Farmington Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Amica Mutual Insurance CompanyNationwide InsuranceChubb Group of Insurance
Monthly Premium 100130189
Year Built 200519932014
Home Details 3 Beds, 2 Baths4 Beds, 1 Baths5 Beds, 4 Baths
Coverage Amount $150000-$175000$250000-$300000$350000-$400000
Deductible $500 Deductible$2500-$5000 Deductible$500- $1000 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1991 265,000 Tile Roof 2,690 4 $5000 to $10,000 Deductible 380 3 Fiber-Cement Siding No
2010 315,000 Metal Roof 3,070 4 $500 Deductible 500 2 Stone Siding No
1999 380,000 Asphalt Shingles Roof 3,030 4 $500 Deductible 1510 8 Wood siding yes
2011 150,000 Tile Roof 1,590 3 $500 Deductible 1040 10 Brick siding No
1990 190,000 Tile Roof 1,960 3 $500 Deductible 480 5 Wood siding No
2013 470,000 Shingles Roof 4,210 5 $5000 to $10,000 Deductible 2390 12 Stucco siding yes
2013 195,000 Slate Shingles Roof 1,420 3 $2500-$5000 Deductible 900 10 Wood siding yes
2012 120,000 Tile Roof 1,250 3 $2500-$5000 Deductible 700 12 Wood siding No
1996 325,000 Slate Shingles Roof 3,290 5 $5000 to $10,000 Deductible 840 6 Brick siding No
2010 240,000 Asphalt Shingles Roof 2,150 3 > $10,000 Deductible 220 3 Stone Siding yes
1991 250,000 Wood Shake Roof 2,100 3 $500- $1000 Deductible 200 1 Fiber-Cement Siding No
1991 435,000 Composition Roof 4,590 5 $2500-$5000 Deductible 200 1 Fiber-Cement Siding yes
2002 250,000 Slate Shingles Roof 1,880 5 $500- $1000 Deductible 460 4 Brick siding No
2010 215,000 Tile Roof 2,260 3 $5000 to $10,000 Deductible 780 9 Fiber-Cement Siding yes
2011 225,000 Wood Shake Roof 2,280 5 $5000 to $10,000 Deductible 920 8 Stucco siding No