Compare 55417 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Minneapolis just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 11,085 neighbors looking to save on their home insurance policy in the local 55417 zip code area. Our process is very simple, easy to use and hassle free. We help you shop and compare competitive rates for your home in 55417. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Minnesota rates and coverage options with over 12 major carriers. Then we evaluate the best coverage and apply all the discounts and credits to help you save an additional 40%. We do all of this and more and our service online or over the phone is free. Let us help you compare your Minneapolis, MN home insurance rates today!

For more information about homeowners insurance, like average home insurance rates, coverage options or home insurance types, please select Home Insurance Rates in Minneapolis, MN

55417 Home Insurance Average Premiums

Local 55417 homeowners insurance quotes comparison

$829 /yr.

Shows Zip Code: 55417 lowest rates with discounts applied on average.

For the 55417, 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)	$829 /yr.
Average Coverage:	$1079 /yr.
2600 sq. ft. or higher (all discounts applied)	$1379 /yr.

What is the average home insurance cost for a home in 55417?

• The average homeowners insurance premium paid annually for a home in 55417 is around $1079 per year.

What does it cost on average per month for home insurance in 55417?

• Homeowners in 55417 pay a monthly average cost per month around $90.00.

What kind of discount could I get if I combine my home and auto insurance together in 55417?

• Autoowners in 55417 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 Minneapolis area, check out other zip codes nearby 55417.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 55417

Average Building Cost Per Square Foot in 55417: $188

Location: Minneapolis, Minnesota (Hennepin County)

Average Square Footage in 55417: 1,598 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 55417 before you start any project. Minneapolis 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 55417 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 55417 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,598 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 Minneapolis 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 Status	Price per Sq. Ft.	Square Feet	Dwelling Coverage
Basic Home Features	$188	1,598	$300,500
Additional Upgrades & Added Features	$235	1,598	$375,625
Major Home Updates or Advancements	$282	1,598	$450,750

Calculate Your Dwelling Coverage in 55417

It's important to understand that when you estimate your replacement cost of your home in the 55417 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 Home & Auto Insurance Agencies in 55417

Conroy- Mary K

Address: 5163 Bloomington Ave Minneapolis, MN 55417
Phone:
Website: http://www.maryconroy.com
Info:

Allstate Insurance Companies - Sales Offices- Minneapolis

Address: 5930 Portland Ave S Minneapolis, MN 55417
Phone:
Website: http://www.allstate.com
Info: Allstate Car Insurance Quotes, Home Insurance, Financial Products and More
Allstate auto insurance quotes and anonymous ballpark estimates to help protect you, your family and your automobile. Insurance and financial products include car insurance, home insurance, business insurance, life insurance, IRAs and annuities. car insurance, auto insurance quote, vehicle insurance, free online insurance quotes, rate quote, life insurance, annuities, mutual funds, IRAs, allstate insurance agent, allstate.com

Housing Demographics for 55417

Population Review for 55417 Zip Code

For the city of Minneapolis, the population within 55417 has increased to over 26,026 residents in population size. The current population total is 26,259. We have broken down the population based on race below. In 55417, there are over 13163 in male population and 13096 females.

Population	Values
Total Population	26,259
White Population	20387
Black Population	1838
Hispanic Population	1975
Asian Population	580
Hawaiian Population	9
Indian Population	273
Other Population	1024
Male Population	13163
Female Population	13096
Population Estimate	26026

Household Data for 55417

The average number of homes in 55417 is around 11,085, there are an average of 2.31 per household. The average house value according to local real estate values is around $300,500. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	11,085
Persons Per Household	2.31
Average House Value	$300,500
Income Per Household	$107586
Median Age	39.6
Median Age Male	39.3
Median Age Female	39.9

55417 Details	Values
State	MN
State Full Name	Minnesota
City Type	P
City Alias Abbreviation
Area Code	612
City	Minneapolis
City Alias Name	MINNEAPOLIS
County	Hennepin
County FIPS	053
State FIPS	27
Time Zone	6
Day Light Saving	Y
MSA	5120
PMSA
CSA	378
CBSA	33460
CBSA_DIV
CBSA_Type	Metro
CBSA_Name	Minneapolis-St. Paul-Bloomington, MN-WI
MSA_Name	Minneapolis-St. Paul, MN-WI MSA
PMSA_Name
Region	Midwest
Division	West North Central
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	337
Number Of Employees	6227
Business First Quarter Payroll	108118
Business Annual Payroll	433593
Business Employment Flag
Growth Rank	0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number	0
Growth Increase Percentage	0.0

Metropolitan Details	Values
CBSA Population	3279833
CBSA Division Population	0
Congressional District	05
Congressional LandArea	135.66
Delivery Residential	11267
Delivery Business	208
Delivery Total	12333
Preferred Last Line Key	Y25845
Classification Code
Multi-County
CSA Name	Minneapolis-St. Paul, MN-WI
CBSA_DIV_Name
City State Key	Y25845
Land Area	4.418000
Water Area	0.398000
City Alias Code
City Mixed Case	Minneapolis
City Alias Mixed Case	Minneapolis
Box Count	119
SFDU	9679
MFDU	1371
State ANSI	27
County ANSI	053
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	266360
Unique ZIP Name
SSA State County Code	24260
Medicare CBSA Code	33460
Medicare CBSA Name	Minneapolis-St. Paul-Bloomington, MN-WI
Medicare CBSA Type	Metro
Market Rating Area ID	8
County Mixed Case	Hennepin

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 […]

Home Insurance Quotes in 55417!