Plymouth Insurance Rates:

Plymouth, MN homeowners insurance is approximately $924 to $1,255, about $77-$104/month. Our complete research reveals consumers can save as much as $435 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Cheapest Homeowners Insurance in Plymouth, MN

The average cost of homeowners insurance in Plymouth, MN, is $1563. Homeowners insurance is one of the most important things you can have to protect your Plymouth, MN, home. It helps to cover the cost of repairs or replacement if your home is damaged or destroyed by a covered event, such as a fire. It also provides liability coverage if someone is injured on your property. Many types of homeowners insurance policies are available, so it's important to work with an experienced agent to find the right one for your needs. The coverage you need will depend on the value of your home and your personal belongings. Before buying a policy, shop around and compare rates from different insurers. Once you have a policy in place, review it regularly and update it as needed to keep it current. Here are some suggestions to help lower Plymouth, Minnesota homeowner's insurance.

Choose a Higher Deductible

The deductible is the amount you would pay out-of-pocket if you had to file a claim. By choosing a higher deductible, you can reduce the cost of your homeowners insurance. While a higher deductible means you would have to pay more out-of-pocket if you had to file a claim, your monthly premium will also be lower. If you are considering a higher deductible, set aside enough money in case you have to file a claim. In Plymouth, Minnesota, homeowners with deductibles of 500 and 1500 pay $1544 and $1315 in premiums, respectively. However, households with deductibles of 2000 and 2500 pay $1193 and $1122, respectively. So, in Plymouth, Minnesota, the higher the deductible, the lower the premium.

Install Security Features

As a homeowner in Plymouth, MN, you can reduce the cost of your homeowner's insurance by installing security features such as fire alarms, smoke detectors, deadbolts and sprinkler systems. Many insurance companies offer discounts for homes with security features, so it pays to invest in them. For instance, homeowners in Plymouth, Minnesota, with installed sprinkler and fire alarm systems, pay $1469 and $1469 for their home insurance.

To find out how much homes in Plymouth, Minnesota paid for security feature installation, see the chart below.

Maintain a Zero Claims History

Maintaining a zero claims history is one of the best ways to reduce the cost of homeowners insurance in Plymouth, MN. Homeowners who have never filed a claim on their policy pay an average of 15% less for their insurance than those who have. Insurance companies view these policyholders as lower risk and reward them with lower rates. Consider paying out of pocket for small claims like electrical damage, plumbing issues, or minor wall cracks rather than submitting a claim and running the chance of a rise in your Plymouth, Minnesota, home insurance rates. For example, homeowners in Plymouth, Minnesota, who have never filed a claim, must pay a premium of $1360. In contrast, in Plymouth, Minnesota, homeowners with one or two claims must pay $1672 and $1750 for homeowners insurance.

Plymouth, MN Homeowners Insurance By Home Value

Plymouth, MN Home Value Total Homes % of Total Average Plymouth, MN Homeowners Insurance
Less than $50,000 395 2.0% $87
$90,000 to $99,999 170 1.0% $337
$100,000 to $124,999 530 3.0% $392
$125,000 to $149,999 676 4.0% $500
$150,000 to $174,999 1,078 6.0% $588
$175,000 to $199,999 1,157 7.0% $675
$200,000 to $249,999 2,985 18.0% $816
$250,000 to $299,999 3,304 20.0% $1001
$300,000 to $399,999 5,261 33.0% $1274

Top Home Insurance Agents Near Plymouth, MN

Home Insurance Company Near Plymouth, MN Homeowners Insurance Agency Near Plymouth, MN Address
Allstate Brady Mickolichek 7760 France Ave S Ste 1010A, Bloomington, MN, 55435
State Farm Gus Anchondo 8800 Highway 7 Ste 300, St Louis Park, MN, 55426-3928
State Farm John Matschke 4874 Highway 61 N, White Bear Lk, MN, 55110-2874
Allstate Monticello Agency 3616 SCHOOL BLVD STE 100, MONTICELLO, MN, 55362
Travelers Time Financial Services Inc 2345 RICE ST STE 223, ROSEVILLE, MN, 55113

Plymouth, MN Home Insurance Agents for Top Companies

Cost Of Homeowners Insurance By Street Near Plymouth, MN

Streets in Plymouth Area Homeowners Insurance Cost
58th Pl N, 46th Pl N, 45th Ave, 42nd Pl N, Old Co Rd 15, Queensland Ct, 57th Pl N, Sunset Trl, 28th Pl N, Cottonwood Ln$1,093
Vagabond Ln, Empire Ln N, Alvarado Ln, Medina Rd, 45th Pl N, Urbandale Ln, 47th Pl N, Yuma Ln N, Narcissus Ct N, 22nd Ave$1,122
Co Rd 73, Garland Ln, Dallas Ln N, Underwood Ln, 37th Pl N, Carlson Pkwy N, 22nd Pl, Co Rd 73, Plymouth Blvd, Kingsview Ln$1,072
27th Ave, Polaris Ave N, Ithaca Ln N, Townes Rd, 30th Pl N, 44th Pl N, Larch Pl N, 50th Ct N, 41st Ave, E Medicine Lake Blvd N$1,081
Shadyview Ln, 20th Ave N, Yellowstone Ct N, Nathan Ln, 46th Pl N, Underwood Ln N, Upland Ct N, Birch Briar Trl, Teakwood Ln, Ranier Ct N$1,131

Plymouth, MN Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Plymouth$162 to $165
Hennepin County$158
Medicine Lake$196
New Hope$154

Plymouth, 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
Hennepin County, Minnesota $158 $211 $317
Medicine Lake city, Minnesota $197 $262 $393
New Hope city, Minnesota $155 $206 $309

Plymouth, 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
Plymouth, MN4.4%15.2%
Hennepin County4.89%15.44%
Medicine Lake3.78%11.27%
New Hope5.24%17.05%

Plymouth Renters Insurance as a Percentage of Rent

Plymouth Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 175 2.0% $1211
$500 to $749 451 5.0% $1886
$750 to $999 2,249 29.0% $2636
$1,000 to $1,499 3,780 49.0% $3761
$1,500 or more 949 12.0% $5411

Plymouth, MN Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Yearly Plymouth Homeowner Insurance Premium Example $3,000$2,400
Out of Pocket Expense During Claim$800$3,800
Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim $18,800$18,200
Net Savings to Plymouth Home Owner from High Deductible Plan $600

Plymouth, MN Home Insurance Costs With Home Replacement Value Scenarios

Scenario Plymouth, MN Home Replacement Value MORE than Home Value Plymouth, MN Home Replacement Value LESS than Home Value
Replacement Value $387,500 $256,500
Insurance Premium based on Replacement Value $3,525 $2,325
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $41,500 Risk Exposure from Under Insuring Coverage is $89,500
Premium Impact Insurance cheaper by $825/year Insurance costlier by $375/year

Example Plymouth Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company American Family InsuranceAmica Mutual Insurance CompanyAllstate
Monthly Premium 9985348
Year Built 201219981989
Home Details 3 Beds, 2 Baths2 Beds, 1 Baths5 Beds, 2 Baths
Coverage Amount $250000-$300000$150000-$175000$400000-$500000
Deductible > $10,000 Deductible$5000 to $10,000 Deductible$500 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1997 175,000 Composition Roof 1,270 2 $500- $1000 Deductible 1000 7 Vinyl siding No
1983 200,000 Tile Roof 1,490 2 $5000 to $10,000 Deductible 410 5 Brick siding No
2014 215,000 Membrane Roof 1,430 3 $5000 to $10,000 Deductible 560 6 Fiber-Cement Siding No
2010 275,000 Membrane Roof 1,560 3 $2500-$5000 Deductible 160 1 Fiber-Cement Siding yes
2010 445,000 Asphalt Shingles Roof 3,100 4 $2500-$5000 Deductible 1230 7 Brick siding yes
1989 175,000 Metal Roof 1,250 2 $2500-$5000 Deductible 110 1 Brick siding yes
2000 400,000 Composition Roof 2,910 4 $1000-$2500 Deductible 860 4 Brick siding yes
2010 400,000 Membrane Roof 2,370 4 $500 Deductible 840 4 Stucco siding No
1991 365,000 Metal Roof 2,390 3 $5000 to $10,000 Deductible 950 7 Wood siding yes
1982 200,000 Wood Shake Roof 1,280 2 $1000-$2500 Deductible 210 2 Stone Siding yes
1997 410,000 Composition Roof 2,720 4 $5000 to $10,000 Deductible 1090 7 Stucco siding yes
2004 175,000 Shingles Roof 1,310 2 $500- $1000 Deductible 1170 10 Stucco siding No
2013 330,000 Metal Roof 1,780 4 $500- $1000 Deductible 1640 12 Fiber-Cement Siding No
1988 375,000 Slate Shingles Roof 2,400 4 $500- $1000 Deductible 240 1 Fiber-Cement Siding No
2010 395,000 Metal Roof 2,190 3 > $10,000 Deductible 1240 6 Stucco siding yes
1988 480,000 Slate Shingles Roof 3,140 4 $1000-$2500 Deductible 310 1 Vinyl siding No
2014 405,000 Membrane Roof 2,570 4 $500 Deductible 590 2 Stone Siding yes
2012 280,000 Metal Roof 1,780 2 $500 Deductible 880 6 Wood siding No
2013 610,000 Shingles Roof 4,150 5 > $10,000 Deductible 1150 5 Wood siding No
2002 270,000 Metal Roof 1,610 3 $5000 to $10,000 Deductible 320 3 Stucco siding yes
1988 685,000 Metal Roof 4,560 5 $2500-$5000 Deductible 3900 9 Stucco siding No
1987 390,000 Composition Roof 3,080 4 > $10,000 Deductible 670 6 Stucco siding yes
1986 425,000 Asphalt Shingles Roof 2,380 4 $500 Deductible 2820 8 Fiber-Cement Siding No
1986 245,000 Slate Shingles Roof 1,560 3 $1000-$2500 Deductible 1750 12 Stucco siding yes
2010 640,000 Slate Shingles Roof 4,520 5 $1000-$2500 Deductible 1470 4 Fiber-Cement Siding yes
2006 455,000 Membrane Roof 3,600 5 $500- $1000 Deductible 1500 6 Stucco siding yes
2010 215,000 Slate Shingles Roof 1,290 2 $2500-$5000 Deductible 230 3 Stone Siding No
2006 245,000 Membrane Roof 1,490 2 > $10,000 Deductible 510 6 Stucco siding yes
1982 310,000 Shingles Roof 2,420 4 $5000 to $10,000 Deductible 160 1 Brick siding yes
1988 455,000 Shingles Roof 2,920 5 $5000 to $10,000 Deductible 2020 7 Vinyl siding yes
1990 270,000 Wood Shake Roof 2,060 3 $1000-$2500 Deductible 370 3 Fiber-Cement Siding yes
1983 525,000 Wood Shake Roof 3,060 4 $1000-$2500 Deductible 3330 9 Brick siding yes
1990 300,000 Slate Shingles Roof 1,700 3 $500- $1000 Deductible 560 3 Fiber-Cement Siding yes
1981 220,000 Shingles Roof 1,440 2 $2500-$5000 Deductible 960 10 Stone Siding yes

Latest Home Insurance Reviews

State Farm
i've had one other policy and the monthly price was close to double that of what i'm paying now. i feel this should be a pretty low monthly cost.
State Farm
State Farm has provided me and my family insurance for several years. They seem to be a good company; however, we have never had to file a claim. That is when you really get to evaluate a company.
Their offerings are addequate but that's coming from someone who isn't really sure about other companies offerings. I hate talking to insurance salespeople because they are so pushy.
I unfortunately dont know what my deductible or premium is compared to other home insurance policies. It was low enough that I didnt care to look elsewhere. I was satisfied
The premium and deductible of my policy are satisfactory to me compared to other home insurance policies for the same coverage. I would say that the premium and deductible are pretty standard.
State Farm
The provide better coverage than say Geico. Geico maybe cheaper, but the coverage is less than what Sate Farm offers. I appreciate all the coverage for my home and land I can acquire from State Farm.
State Farm
It would probably be best to present offers you have had from other providers to see if they can meet or match the other deals that you can get elsewhere.i think I could have done better,that's what I would recommend.
State Farm
The agents with state farm are knowledgeable and willing to go out of their way to make sure that the coverage suits the need of the client.
Liberty Mutual
While our homeowner insurance premium isn't too high, there are comparable policies that are at a lower cost. i wouldn't mind seeing some sort of discount for loyalty, etc.
Farmer's Insurance
One thing that i do not like about my insurance company is that there are too few self-service options to take advantage of.
American Family
It is very good and nice for getting the amount from of it. Good thought of it. Very nice of it.
State Farm
Farm Bureau
They currently do not have a mobile app and I cannot view my insurance policy information online. I can only pay my premium.
Progressive gives us a discount on our insurance policies because we have auto insurance as well with them. Good Customer Service!
Farm Bureau
I have no problems with State Farm at the time mostly due to my agent. I do not see the need to look for another company and my rates a good.
State Farm
There isn't anything I dislike about the company and I would choose to stay with State Farm if given a choice
Safeco Insurance
I would definitely recommend this renter's insurance because again, we have had no issues in having it over 5 years and also we have a cheap premium.
I recommend Progressive to others because the rates are always the best and we have had no problems with claims.
Progressive has been adequate. Though their rates seem a little high, I would rate them a 3, as they covered our barn when it fell.

How To Make Your Plymouth, MN Home Insurance Cheaper

How Much Does Plymouth, MN Home Insurance Cost?