Get multiple home insurance quotes in 55760. Our licensed 55760, MN agents are ready to serve you.

55760 Online Home Insurance Rates

Comparing a bunch of different rates for your home in 55760 is very time consuming. At GetHomeInsuranceQuotes.com, we help you shop and compare up to 12 major top-rated A.M. Best companies, to present the most affordable rates for homeowners living in Mcgregor, MN. Not only do we provide free comparitive rates, but we also answer any questions you have and offer a free consultation process to help you decide which coverage option is best for you. Most of the time, we can add up to 40% more in savings by applying all the discounts and credits, like a home/auto package, security alarm, new roof upgrade or even deadbolts. It's easy to shop with us, we have already partnered with the most competitive home insurance companies in the 55760 area. If you enter your zip code, you can easily begin the online quoting process, it only takes a few minutes. If you would like to give us a call now at 1-855-976-2656 we will be happy to hear from you.

If you would like to review more information on home insurance premiums in Minnesota, like average Mcgregor homeowners insurance rates, coverage options or home insurance types, please select Mcgregor, MN Home Insurance Rates Online!

55760 Home Insurance Average Premiums

Local 55760 homeowners insurance quotes comparison

$876 /yr.

Shows Zip Code: 55760 lowest rates with discounts applied on average.

For the 55760, 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 55760?

  • • The average homeowners insurance premium paid annually for a home in 55760 is around $1126 per year.

What does it cost on average per month for home insurance in 55760?

  • • Homeowners in 55760 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 55760?

  • • Autoowners in 55760 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 Mcgregor area, check out other zip codes nearby 55760.
Review average rates in another zip code:
55760 homeowners insurance rates

Home Replacement Cost Coverage in 55760

Average Building Cost Per Square Foot in 55760: $188

Location: Mcgregor, Minnesota (Aitkin County)

Average Square Footage in 55760: 1,072 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 55760 before you start any project. Mcgregor 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 55760 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 55760 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,072 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 Mcgregor 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$1881,072$201,600
Additional Upgrades & Added Features$2351,072$252,000
Major Home Updates or Advancements$2821,072$302,400

It's important to understand that when you estimate your replacement cost of your home in the 55760 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 55760

McGregor Insurance Agency Inc

Address: 220 Mable Avenue Mcgregor, MN 55760
Phone: (218)768-2444
Website:

Best Home & Auto Insurance Agencies in 55760

McGregor Insurance Agency Inc

Address: 220 N Mable Ave McGregor, MN 55760
Phone:
Website:
Info:

Wayryen, Mike - Wayrynen Insurance

Address: 7 S Maddy St McGregor, MN 55760
Phone:
Website: http://www.progressive.com/
Info:

Wayrynen Insurance Agency

Address: 75 S Maddy St McGregor, MN 55760
Phone:
Website:
Info:

Housing Demographics for 55760

Population Review for 55760 Zip Code

For the city of Mcgregor, the population within 55760 has increased to over 3,535 residents in population size. The current population total is 2,890. We have broken down the population based on race below. In 55760, there are over 1481 in male population and 1409 females.

PopulationValues
Total Population2,890
White Population2486
Black Population12
Hispanic Population58
Asian Population0
Hawaiian Population1
Indian Population267
Other Population9
Male Population1481
Female Population1409
Population Estimate3535

Household Data for 55760

The average number of homes in 55760 is around 1,347, there are an average of 2.13 per household. The average house value according to local real estate values is around $201,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,347
Persons Per Household2.13
Average House Value$201,600
Income Per Household$51818
Median Age54.9
Median Age Male54.5
Median Age Female55.6
55760 DetailsValues
StateMN
State Full NameMinnesota
City TypeP
City Alias Abbreviation
Area Code218
CityMcgregor
City Alias NameMCGREGOR
CountyAitkin
County FIPS001
State FIPS27
Time Zone6
Day Light SavingY
MSA
PMSA
CSA
CBSA
CBSA_DIV
CBSA_Type
CBSA_Name
MSA_Name
PMSA_Name
RegionMidwest
DivisionWest North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses95
Number Of Employees847
Business First Quarter Payroll8344
Business Annual Payroll36204
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population0
CBSA Division Population0
Congressional District08
Congressional LandArea27908.13
Delivery Residential1660
Delivery Business62
Delivery Total2022
Preferred Last Line KeyY25798
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyY25798
Land Area302.460000
Water Area24.363000
City Alias Code
City Mixed CaseMcGregor
City Alias Mixed CaseMcGregor
Box Count172
SFDU1573
MFDU46
State ANSI27
County ANSI001
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationD
Finance Number265830
Unique ZIP Name
SSA State County Code24000
Medicare CBSA Code99924
Medicare CBSA NameRural Areas in MN
Medicare CBSA TypeMicro
Market Rating Area ID7
County Mixed CaseAitkin

Minnesota Homeowners Insurance News & Information

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    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 […]

  • I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024

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  • How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024

    Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm.  Understanding the different coverages that are available to homeowners is key to making sure you […]