Get multiple home insurance quotes in 55311. Our licensed 55311, MN agents are ready to serve you.

55311 Home Insurance Rates & Premiums

Did you know there are over 37,390 people living within the 55311 zip code area? There are over 13,258 occupied dwellings which means many homeowners like you that are interested in lower premiums or better coverage options. At GetHomeInsuranceQuotes.com, we provide a free shopping services online or over the phone. Our process includes the following:

  1. We will shop up to 12 home insurance companies for free.
  2. We will apply all discounts and credits to help you save up to 40% or more.
  3. We will answer any questions that you may.
  4. We will review the best policy and coverage option in 55311.

Let us help you shop and compare rates today, just enter your zip code to get your free online home insurance quotes. Please give us a call now at 1-855-976-2656, and easily get up to 12 rates over the phone in minutes.

Average homeowners insurance premiums in Minnesota are on the rise. The estimated average premium is around $1,091 a year for a standard homeowners insurance policy in Maple Grove. You can find out more information about home insurance premiums, discounts and crime rate information by clicking your city below.

City: Maple Grove, MN Homeowners Insurance Quotes Online

55311 Home Insurance Average Premiums

Local 55311 homeowners insurance quotes comparison

$841 /yr.

Shows Zip Code: 55311 lowest rates with discounts applied on average.

For the 55311, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$841 /yr.
Average Coverage:$1091 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1391 /yr.

What is the average home insurance cost for a home in 55311?

  • • The average homeowners insurance premium paid annually for a home in 55311 is around $1091 per year.

What does it cost on average per month for home insurance in 55311?

  • • Homeowners in 55311 pay a monthly average cost per month around $91.00.

What kind of discount could I get if I combine my home and auto insurance together in 55311?

  • • Autoowners in 55311 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Maple Grove area, check out other zip codes nearby 55311.
Review average rates in another zip code:
55311 homeowners insurance rates

Home Replacement Cost Coverage in 55311

Average Building Cost Per Square Foot in 55311: $188

Location: Maple Grove, Minnesota (Hennepin County)

Average Square Footage in 55311: 2,079 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 55311 before you start any project. Maple Grove homeowners pay on average around $188 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 55311 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 55311 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,079 sq. ft. and the average cost to rebuild the home in this area is around $188 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Maple Grove area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1882,079$390,800
Additional Upgrades & Added Features$2352,079$488,500
Major Home Updates or Advancements$2822,079$586,200

It's important to understand that when you estimate your replacement cost of your home in the 55311 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 55311

Kingdom Kanu Insurance Agency

Address: 7236 Forestview Ln N Maple Grove, MN 55311
Phone: (763)315-6776
Website: www.farmers.com

Best Home & Auto Insurance Agencies in 55311

American Family Insurance - Jeff Petersen Agency- Inc.

Address: 13786 Reimer Dr N Maple Grove, MN 55311
Phone:
Website: http://www.amfam.com
Info: American Family Insurance | Auto Insurance, Car Insurance, Life, Homeowners & More
American Family Insurance offers affordable car insurance, homeowners insurance, life insurance, business insurance, annuities and more. auto insurance, car insurance, life insurance, homeowners insurance, business insurance, annuities

Sonnenfeld- Randall C - State Farm Insurance Agent

Address: 13630 Grove Dr Maple Grove, MN 55311
Phone:
Website:
Info:

Housing Demographics for 55311

Population Review for 55311 Zip Code

For the city of Maple Grove, the population within 55311 has increased to over 40,871 residents in population size. The current population total is 37,390. We have broken down the population based on race below. In 55311, there are over 18273 in male population and 19117 females.

PopulationValues
Total Population37,390
White Population29008
Black Population2201
Hispanic Population1109
Asian Population3482
Hawaiian Population6
Indian Population90
Other Population435
Male Population18273
Female Population19117
Population Estimate40871

Household Data for 55311

The average number of homes in 55311 is around 13,258, there are an average of 2.81 per household. The average house value according to local real estate values is around $390,800. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode13,258
Persons Per Household2.81
Average House Value$390,800
Income Per Household$135471
Median Age39.2
Median Age Male38.2
Median Age Female39.9
55311 DetailsValues
StateMN
State Full NameMinnesota
City TypeB
City Alias Abbreviation
Area Code763
CityMaple Grove
City Alias NameMAPLE GROVE
CountyHennepin
County FIPS053
State FIPS27
Time Zone6
Day Light SavingY
MSA5120
PMSA
CSA378
CBSA33460
CBSA_DIV
CBSA_TypeMetro
CBSA_NameMinneapolis-St. Paul-Bloomington, MN-WI
MSA_NameMinneapolis-St. Paul, MN-WI MSA
PMSA_Name
RegionMidwest
DivisionWest North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses728
Number Of Employees14261
Business First Quarter Payroll244817
Business Annual Payroll1310278
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population3279833
CBSA Division Population0
Congressional District03
Congressional LandArea527.05
Delivery Residential14545
Delivery Business292
Delivery Total15116
Preferred Last Line KeyY25765
Classification Code
Multi-County
CSA NameMinneapolis-St. Paul, MN-WI
CBSA_DIV_Name
City State KeyY25765
Land Area16.428000
Water Area0.863000
City Alias Code
City Mixed CaseMaple Grove
City Alias Mixed CaseMaple Grove
Box Count197
SFDU8715
MFDU1075
State ANSI27
County ANSI053
ZIP Intro
Alias Intro
Facility CodeB
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number267170
Unique ZIP Name
SSA State County Code24260
Medicare CBSA Code33460
Medicare CBSA NameMinneapolis-St. Paul-Bloomington, MN-WI
Medicare CBSA TypeMetro
Market Rating Area ID8
County Mixed CaseHennepin

Minnesota Homeowners Insurance News & Information

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024

    According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]