St. Paul ,MN Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the St. Paul, MN homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in St. Paul, MN is $2097. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in St. Paul, MN. VHome Insurance will help you navigate the world of homeowners insurance coverages in St. Paul, MN.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $839 |
| $200,000 | $1,426 |
| $300,000 | $1,761 |
| $400,000 | $2,684 |
| $500,000 | $3,376 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in St. Paul, MN, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,150 |
| $1000 Deductible | $1,923 |
| $1500 Deductible | $1,814 |
| $2500 Deductible | $1,636 |
| $5000 Deductible | $1,384 |
| Home Insurance Company Near St. Paul, MN | Homeowners Insurance Agency Near St. Paul, MN | Address |
|---|---|---|
| State Farm | Jim Kalkes | 1870 50th St E Ste 4, Inver Grove, MN, 55077-1270 |
| Allstate | Midland Ins Ctr | 11979 County Road 11 Ste 271, Burnsville, MN, 55337 |
| NA | Henry T. Warner Company | 41 N 10Th Ave, Hopkins, MN, 55343 |
| NA | Mccray Insurance Agency | 8981 Aztec Dr Eden Prairie, Eden Prairie, MN, 55347 |
| State Farm | Doug Nguyen | 1539 Univ Ave W Ste 101, Saint Paul, MN, 55104-3903 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| West St. Paul city, Minnesota | $155 | $206 | $309 |
| Falcon Heights city, Minnesota | $161 | $215 | $323 |
| Ramsey County, Minnesota | $155 | $207 | $311 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| St. Paul, MN | 5.5% | 17.5% |
| West St. Paul | 5.73% | 18.38% |
| Falcon Heights | 4.64% | 14.63% |
| Ramsey County | 5.35% | 17.03% |
| St. Paul Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 2,068 | 3.0% | $333 |
| $200 to $299 | 3,147 | 5.0% | $783 |
| $300 to $499 | 3,942 | 7.0% | $1233 |
| $500 to $749 | 14,655 | 27.0% | $1908 |
| $750 to $999 | 15,364 | 28.0% | $2658 |
| $1,000 to $1,499 | 11,263 | 21.0% | $3783 |
| $1,500 or more | 2,997 | 5.0% | $5433 |
| Streets in St. Paul Area | Homeowners Insurance Cost |
|---|---|
| Washington St, Como Ave W, Stanford Ave, Otis Ave, Coach Rd, Selby Ave W, Michael St, Colvin Ave, Co Hwy 37, Prosperity Ave | $1,015 |
| Boyd Ave, W Armstrong Ave, N Ryde St, Mulberry St, Upper Afton Rd, Nortonia Ave, Long Ave, Stanford Ct, Old Maryland Ave, Shepard Rd W | $1,024 |
| N Brompton St, Mystic St, Cottage Ave E, N Capitol Hts, N Maria Ave, Edgebrook Ave, S Grotto St, Delano Pl, W Benson Ave, E Ames Ave | $1,028 |
| Carling Dr, Susan Ave, Topping St, N Pine St, Lafayette Rd S, N Minnesota St, N Capitol Blvd, Macalester Walk, W 10th St, Jackson St N | $1,017 |
| E Sandralee Dr, N Cohansey St, Dousman St, E 13th St, Fair Pl W, Pedersen St, US Hwy 10, Herschel St, Matilda, Horton Ave W | $1,023 |
| S Pascal Ave, W Superior St, E Curtice St, W Armstrong Ave, Wynne Ave, Howell St S, E Utica Ave, W George St, W Tuscarora Ave, W Litchfield St | $1,022 |
| Morton St E, Maynard Dr, Park Ridge Ct, Co Hwy 35, Englewood Ave, John Ireland Blvd, W Bay Ln, Smith Ave S, E Hoyt Ave, Edgemont St | $1,043 |
| River Park Plz, Milton St S, Sumner St, Territorial Rd, W Graham Ave, Benhill Rd, Banfil St, Holton St, E Lacrosse Ave, E 9th St | $1,039 |
| Russell St, Norfolk Ave, Hall Ln, N Huron St, N Walnut St, Darlene St, Dayton Ave W, S Douglas St, W Wayzata St, Darlene Ct | $1,015 |
| E Mechanic Ave, Chester St, Scudder St, Elsie Ln, E Suburban Ave, Euclid St E, Bayard Ave, S Duebener Pl, N Grantham St, W Parkview Ave | $1,109 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| St. Paul | $153 to $156 |
| West St. Paul | $154 |
| Falcon Heights | $161 |
| Ramsey County | $155 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $700 | $1,700 |
| Yearly St. Paul Homeowner Insurance Premium Example | $1,100 | $600 |
| Out of Pocket Expense During Claim | $700 | $1,700 |
| Total Home Insurance Premium for 3 years + Out of Pocket Expense for Claim | $4,000 | $3,500 |
| Net Savings to St. Paul Home Owner from High Deductible Plan | $500 | |
| Scenario | St. Paul, MN Home Replacement Value MORE than Home Value | St. Paul, MN Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $416,000 | $238,500 |
| Insurance Premium based on Replacement Value | $2,750 | $1,575 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $102,500 | Risk Exposure from Under Insuring Coverage is $75,000 |
| Premium Impact | Insurance cheaper by $500/year | Insurance costlier by $675/year |
| Insurance Company | Nationwide Insurance | Chubb Group of Insurance | State Farm |
| Monthly Premium | 63 | 99 | 130 |
| Year Built | 1966 | 1946 | 1989 |
| Home Details | 3 Beds, 2 Baths | 5 Beds, 4 Baths | 4 Beds, 1 Baths |
| Coverage Amount | $150000-$175000 | $300000-$350000 | $300000-$350000 |
| Deductible | $5000 to $10,000 Deductible | > $10,000 Deductible | > $10,000 Deductible |