Rochester, MN Home Insurance
Find the right homeowners insurance policy for you.
Written by
Ann Herro has been writing about insurance and employee benefits for over 15 years. She has covered topics as easy as insuring a car, and as difficult as transparency in healthcare costs.
Rochester is the third largest city in the state and home to the famous Mayo Clinic. In 2009, U.S. News and World Report ranked this city as one of the best places to live and grow up in the nation. If you own one of the city’s nearly 40,000 households, are you fully covered against the risks you face as a home owner? The right Rochester, MN homeowners insurance can provide compensation in the event that you experience a loss so you can quickly get things back on track.
The first step is to compare quotes from several different insurance companies, since every insurer sets premiums based on a unique set of factors and no two quotes are the same. A local independent agent in the Trusted Choice® network will be happy to answer your questions, help you compare Rochester, MN home insurance quotes from several different insurance companies and craft the right policy for you.
- National yearly premium average: $1,034
- Minnesota yearly premium average: $1,140
- 12th most expensive premium in the US
You will find that your own Rochester homeowners insurance premium depends on a number of factors including the value of your home, your ZIP code and the options you choose. For example, you will need to let your agent know if you have any particular insurance needs, such as coverage for a special collection or certain risks. You also may also want to increase the amount of liability insurance that you have in place to protect yourself financially. If that amount exceeds the available coverage for your home policy, you may want to consider a personal umbrella policy.
Use our independent agent matching system to find the best insurance plan in your area. You tell us what you’re looking for, and our technology will recommend the best agents for you. Any information you provide will be sent to only the agents you pick. We do not sell to third parties.
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Number of Catastrophes in Minnesota vs. the U.S.:
- National number of catastrophes: 19,033
- Number of catastrophes in Minnesota: 407
- National number of tornadoes: 1,233
- Number of tornadoes in Minnesota: 24
- National property damage from weather: $5,511,270,000
- Property damage from weather in Minnesota: $47,550,000
Number of Thefts in Minnesota:
- National average for burglaries: 37,814
- Minnesota number of burglaries: 22,713
A good policy can help protect your home investment against a wide range of natural and man-made threats, including storms, fire and burglary. Rochester can experience hail and lightning storms in the spring and summer, and severe snow storms in the winter, making it important for home owners here to consider the type and amount of coverage they need for the wide range of weather patterns.
Rochester Flood Hazards
Rochester is a part of Olmstead County, which is one of only four Minnesota counties without a natural lake, but it lies on the fork of the Zumbro River and has several artificial lakes as well as rushing creeks that can swell to flood stage with spring and summer rainstorms. The city has experienced severe floods, though it has embarked on large flood control projects that altered local lakes and streams.
Every home owner needs to assess flood risk and evaluate coverage based on factors such as the home’s proximity to area creeks. It is important to know that home policies do not cover flood damage and you may want to purchase a flood insurance policy to further protect your home investment. Your local agent can provide information on your coverage options.
Second Home Owner Considerations in Rochester, MN
Minnesota home owners are partial to lake cabin getaways, and there are many wild and natural lakes and resort areas throughout the state from Lanesboro to the Mississippi headwaters in Itasca State Park. If you own a cabin or second home, you will need special coverage just for that property. If you rent out your second home, you also may need a landlord policy. A second home that may be vacant for extended periods might need additional coverage as well.
The good news is that you can often combine your policies under one insurance company to receive a discount. Contact an independent agent here in this area for information and rates based on your unique situation.
Save on Home Insurance
Our independent agents shop around to find you the best coverage.
Compare Rochester Home Insurance Quotes
A local independent agent in the Trusted Choice network can help to assess your specific needs and risks. This is the first step in finding the right coverage for your needs. Your agent will then be able to provide quotes on a range of Rochester homeowners insurance policies that meet your needs.
Find a local member agent in the Trusted Choice network today to get the personal assistance you need to find the right coverage for your Rochester home.