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55443 Home Insurance Quotes & Rates

Currently, the 11,862 homes within the 55443 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 $1,087 per year for a standard HO-3 homeowners policy. A standard homeowners policy in Minneapolis, 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 55443.

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 Minneapolis 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 55443 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 Minneapolis, 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 Minneapolis, MN Home Insurance Quotes, start your shopping process to today, it's easy and hassle free!

55443 Home Insurance Average Premiums

Local 55443 homeowners insurance quotes comparison

$837 /yr.

Shows Zip Code: 55443 lowest rates with discounts applied on average.

For the 55443, 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)
$837 /yr.
Average Coverage:$1087 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1387 /yr.

What is the average home insurance cost for a home in 55443?

  • • The average homeowners insurance premium paid annually for a home in 55443 is around $1087 per year.

What does it cost on average per month for home insurance in 55443?

  • • Homeowners in 55443 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 55443?

  • • Autoowners in 55443 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 55443.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 55443

Average Building Cost Per Square Foot in 55443: $188

Location: Minneapolis, Minnesota (Hennepin County)

Average Square Footage in 55443: 1,449 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 55443 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 55443 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 55443 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,449 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 StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1881,449$272,400
Additional Upgrades & Added Features$2351,449$340,500
Major Home Updates or Advancements$2821,449$408,600

It's important to understand that when you estimate your replacement cost of your home in the 55443 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 55443

Insurance Brokers Of

Address: 8032 Perry Ave N Brooklyn Park, MN 55443
Phone: (763)561-5510
Website:

Best Home & Auto Insurance Agencies in 55443

Mary Cleary Ins Agency Inc - State Farm Insurance Agent

Address: 8500 Edinbrook Pky Brooklyn Park, MN 55443
Phone:
Website:
Info:

Insurance Brokers Of

Address: 8032 Perry Ave N Brooklyn Park, MN 55443
Phone:
Website:
Info:

State Farm Insurance

Address: 97th Ave N Brooklyn Park, MN 55443
Phone:
Website:
Info:

Carlson- Steven J

Address: 3621 85th Ave N Brooklyn Park, MN 55443
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
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Housing Demographics for 55443

Population Review for 55443 Zip Code

For the city of Minneapolis, the population within 55443 has increased to over 39,121 residents in population size. The current population total is 36,771. We have broken down the population based on race below. In 55443, there are over 17930 in male population and 18841 females.

PopulationValues
Total Population36,771
White Population15325
Black Population10812
Hispanic Population2011
Asian Population6927
Hawaiian Population5
Indian Population173
Other Population1171
Male Population17930
Female Population18841
Population Estimate39121

Household Data for 55443

The average number of homes in 55443 is around 11,862, there are an average of 3.07 per household. The average house value according to local real estate values is around $272,400. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode11,862
Persons Per Household3.07
Average House Value$272,400
Income Per Household$82290
Median Age36.3
Median Age Male35.1
Median Age Female37.3
55443 DetailsValues
StateMN
State Full NameMinnesota
City TypeP
City Alias Abbreviation
Area Code763/651
CityMinneapolis
City Alias NameMINNEAPOLIS
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 Businesses544
Number Of Employees6960
Business First Quarter Payroll59749
Business Annual Payroll273661
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 Residential12743
Delivery Business487
Delivery Total14671
Preferred Last Line KeyY25845
Classification Code
Multi-County
CSA NameMinneapolis-St. Paul, MN-WI
CBSA_DIV_Name
City State KeyY25845
Land Area9.055000
Water Area0.119000
City Alias Code
City Mixed CaseMinneapolis
City Alias Mixed CaseMinneapolis
Box Count254
SFDU7842
MFDU2183
State ANSI27
County ANSI053
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number266360
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 […]