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Homeowners Insurance in 55705

For homeowners living in 55705, you want more affordable home insurance rates in Aurora, right? Our rates are very competitive for homeowners living in the great city of Aurora, MN. Many homeowners living in the 55705 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the top home insurance companies that we will shop for you all in one place. Plus, our homeowners insurance quotes are free and our Minnesota licensed agents can provide a free consultation service to you that allows you to ask questions about which policy and coverage option is best for you and your family. Get the home insurance protection you need and start a free home insurance quote today, simply click the "Get Multiple Quotes Now" button. Your 55705 should appear in the zip code field ready to go. Comparing Aurora, MN Home Insurance Quotes in your area, we can review the best rates and coverage options with multiple carriers to choose from.

55705 Home Insurance Costs Are Considered: High!

The overall cost of homeowners insurance on average for a standard HO-3 home insurance policy for homeowners living in Aurora pay around $1126 per year. For affordable homeowners insurance, we have the best prices when it comes to comparing Minnesota home insurance rates. At GetHomeInsuranceQuotes.com, we compare the most competitive companies then we let you review the most affordable rates and coverage options. Homeowners living in the 55705 zip code usually have questions about which coverage option is best. Our process is spam and hassle free so you can get your questions answer quickly and review the best home insurance policy for you. Most of all, Aurora homeowners enjoy saving up to 40% or even more when we apply all the discounts available. Let us help you shop and save on your Minnesota home insurance premium today!

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55705 Home Insurance Average Premiums

Local 55705 homeowners insurance quotes comparison

$876 /yr.

Shows Zip Code: 55705 lowest rates with discounts applied on average.

For the 55705, 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)
$876 /yr.
Average Coverage:$1126 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1426 /yr.

What is the average home insurance cost for a home in 55705?

  • • The average homeowners insurance premium paid annually for a home in 55705 is around $1126 per year.

What does it cost on average per month for home insurance in 55705?

  • • Homeowners in 55705 pay a monthly average cost per month around $94.00.

What kind of discount could I get if I combine my home and auto insurance together in 55705?

  • • Autoowners in 55705 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 Aurora area, check out other zip codes nearby 55705.
Review average rates in another zip code:
55705 homeowners insurance rates

Home Replacement Cost Coverage in 55705

Average Building Cost Per Square Foot in 55705: $188

Location: Aurora, Minnesota (Saint Louis County)

Average Square Footage in 55705: 518 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 55705 before you start any project. Aurora 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 55705 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 55705 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 518 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 Aurora 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$188518$97,300
Additional Upgrades & Added Features$235518$121,625
Major Home Updates or Advancements$282518$145,950

It's important to understand that when you estimate your replacement cost of your home in the 55705 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 55705

Palo Mutual Fire Insurance

Address: 12 East 3rd Avenue North Aurora, MN 55705
Phone: (218)229-3397
Website: www.palomutual.com

Best Home & Auto Insurance Agencies in 55705

American Family Insurance

Address: 107 North Main Street Aurora, MN 55705
Phone:
Website: http://www.duluth.citysearch.com/profile/external/5622099/aurora_mn/american_family_insurance.html
Info:

Housing Demographics for 55705

Population Review for 55705 Zip Code

For the city of Aurora, the population within 55705 has increased to over 3,432 residents in population size. The current population total is 3,226. We have broken down the population based on race below. In 55705, there are over 1623 in male population and 1603 females.

PopulationValues
Total Population3,226
White Population3038
Black Population14
Hispanic Population26
Asian Population11
Hawaiian Population0
Indian Population15
Other Population12
Male Population1623
Female Population1603
Population Estimate3432

Household Data for 55705

The average number of homes in 55705 is around 1,427, there are an average of 2.20 per household. The average house value according to local real estate values is around $97,300. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,427
Persons Per Household2.20
Average House Value$97,300
Income Per Household$49429
Median Age50.4
Median Age Male48.0
Median Age Female52.3
55705 DetailsValues
StateMN
State Full NameMinnesota
City TypeP
City Alias Abbreviation
Area Code218
CityAurora
City Alias NameAURORA
CountySaint Louis
County FIPS137
State FIPS27
Time Zone6
Day Light SavingY
MSA2240
PMSA
CSA228
CBSA20260
CBSA_DIV
CBSA_TypeMetro
CBSA_NameDuluth, MN-WI
MSA_NameDuluth-Superior, MN-WI MSA
PMSA_Name
RegionMidwest
DivisionWest North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses51
Number Of Employees374
Business First Quarter Payroll3606
Business Annual Payroll16817
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population279771
CBSA Division Population0
Congressional District08
Congressional LandArea27908.13
Delivery Residential1560
Delivery Business63
Delivery Total1720
Preferred Last Line KeyY24764
Classification Code
Multi-County
CSA NameDuluth-Grand Rapids, MN-WI
CBSA_DIV_Name
City State KeyY24764
Land Area83.426000
Water Area3.843000
City Alias Code
City Mixed CaseAurora
City Alias Mixed CaseAurora
Box Count68
SFDU1395
MFDU103
State ANSI27
County ANSI137
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number260440
Unique ZIP Name
SSA State County Code24680
Medicare CBSA Code20260
Medicare CBSA NameDuluth, MN-WI
Medicare CBSA TypeMetro
Market Rating Area ID2
County Mixed CaseSaint Louis

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 […]