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55374 Home Insurance Quotes & Rates

Currently, the 5,326 homes within the 55374 zip code are being challenged with rate increases and the demand for more affordable homeowners insurance premiums. The average home insurance rate for Minnesota is around $1,151 per year for a standard HO-3 homeowners policy. A standard homeowners policy in Rogers, MN, insures your home from theft, fire, windstorm damage and liability accidents on your property. Flood or earthquake damage is not covered under a basic homeowners policy, we can help you review the best coverage option for your home in 55374.

Minnesota is now ranking #13 in the country for the highest premiums. If you are trying to lower your premium and want to compare up to 12 Rogers home insurance quotes all in one place then GetHomeInsuranceQuotes.com of Minnesota has the online shopping service for you. Our hassle free online quoting application allows homeowners in the 55374 area to review and compare the best rates and coverage options. We can provide a free consultation process to help you decide which carrier, coverage and policy is the best fit for you and your family. We realize that protecting your most valuable investment is very important to you, that is why we want to help you increase your coverage while providing the most affordable rates available. Let us help you shop and compare your Rogers, Minnesota home insurance rates today!

Please give us a call now at 1-855-976-2656, easily get up to 12 rates over the phone in minutes. For Rogers, MN Home Insurance Quotes, start your shopping process to today, it's easy and hassle free!

55374 Home Insurance Average Premiums

Local 55374 homeowners insurance quotes comparison

$901 /yr.

Shows Zip Code: 55374 lowest rates with discounts applied on average.

For the 55374, 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)
$901 /yr.
Average Coverage:$1151 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1451 /yr.

What is the average home insurance cost for a home in 55374?

  • • The average homeowners insurance premium paid annually for a home in 55374 is around $1151 per year.

What does it cost on average per month for home insurance in 55374?

  • • Homeowners in 55374 pay a monthly average cost per month around $96.00.

What kind of discount could I get if I combine my home and auto insurance together in 55374?

  • • Autoowners in 55374 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 Rogers area, check out other zip codes nearby 55374.
Review average rates in another zip code:
55374 homeowners insurance rates

Home Replacement Cost Coverage in 55374

Average Building Cost Per Square Foot in 55374: $188

Location: Rogers, Minnesota (Hennepin County)

Average Square Footage in 55374: 1,918 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 55374 before you start any project. Rogers 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 55374 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 55374 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,918 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 Rogers 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$1881,918$360,500
Additional Upgrades & Added Features$2351,918$450,625
Major Home Updates or Advancements$2821,918$540,750

It's important to understand that when you estimate your replacement cost of your home in the 55374 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 55374

Best Home & Auto Insurance Agencies in 55374

Schaber- C J - State Farm Insurance Agent

Address: 12817 Main St Rogers, MN 55374
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Housing Demographics for 55374

Population Review for 55374 Zip Code

For the city of Rogers, the population within 55374 has increased to over 19,201 residents in population size. The current population total is 15,851. We have broken down the population based on race below. In 55374, there are over 7867 in male population and 7984 females.

PopulationValues
Total Population15,851
White Population14240
Black Population413
Hispanic Population340
Asian Population366
Hawaiian Population7
Indian Population28
Other Population166
Male Population7867
Female Population7984
Population Estimate19201

Household Data for 55374

The average number of homes in 55374 is around 5,326, there are an average of 2.96 per household. The average house value according to local real estate values is around $360,500. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode5,326
Persons Per Household2.96
Average House Value$360,500
Income Per Household$131779
Median Age38.3
Median Age Male37.8
Median Age Female38.7
55374 DetailsValues
StateMN
State Full NameMinnesota
City TypeP
City Alias Abbreviation
Area Code763
CityRogers
City Alias NameROGERS
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 Businesses629
Number Of Employees9597
Business First Quarter Payroll126518
Business Annual Payroll587394
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|06
Congressional LandArea527.05|2882.22
Delivery Residential6487
Delivery Business449
Delivery Total7683
Preferred Last Line KeyY26194
Classification Code
Multi-CountyY
CSA NameMinneapolis-St. Paul, MN-WI
CBSA_DIV_Name
City State KeyY26194
Land Area34.228000
Water Area0.942000
City Alias Code
City Mixed CaseRogers
City Alias Mixed CaseRogers
Box Count114
SFDU4274
MFDU787
State ANSI27
County ANSI053
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationD
Finance Number268000
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 […]