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55965 Homeowners Insurance Quotes & Rates

Preston residents living within the 1,019 homes available in the zip code of 55965 are shopping online to compare cheaper and more affordable Preston, MN home insurance rates. In the great city of Preston, homeowners like you want to find less expensive coverage since the home insurance rates have increased. Currently, the average home insurance rate within the state of Minnesota is around $1,099 per year. These average rates are based on a standard or basic homeowner policy that covers your home for risk of fire, theft or liability issues if someone was to be injured on your property. We can provide enhanced coverage options to give you that added protection that you need for your home in the 55965 zip code.

With our online home insurance quoting application and excellent review service, we can help you save up to 40% or more on your next homeowners policy. We will shop up to 12 competitive home insurance rates, review all the coverage options available and propose any discounts or credits that may be available to you. Each home insurance company is different and likes to generate rates based on a number of different risk factors when it comes to insuring your home. We will be able to explain which home insurance company is best for you based on the coverage details, rate affordability and claim dependability.

Let us help you shop and compare your 55965 home insurance rates today! Please give us a call now at 1-855-976-2656. For Preston, MN Homeowners Insurance Quotes, Click to easily get started!

55965 Home Insurance Average Premiums

Local 55965 homeowners insurance quotes comparison

$849 /yr.

Shows Zip Code: 55965 lowest rates with discounts applied on average.

For the 55965, 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)
$849 /yr.
Average Coverage:$1099 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1399 /yr.

What is the average home insurance cost for a home in 55965?

  • • The average homeowners insurance premium paid annually for a home in 55965 is around $1099 per year.

What does it cost on average per month for home insurance in 55965?

  • • Homeowners in 55965 pay a monthly average cost per month around $92.00.

What kind of discount could I get if I combine my home and auto insurance together in 55965?

  • • Autoowners in 55965 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 Preston area, check out other zip codes nearby 55965.
Review average rates in another zip code:
55965 homeowners insurance rates

Home Replacement Cost Coverage in 55965

Average Building Cost Per Square Foot in 55965: $188

Location: Preston, Minnesota (Fillmore County)

Average Square Footage in 55965: 862 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 55965 before you start any project. Preston 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 55965 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 55965 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 862 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 Preston 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$188862$162,100
Additional Upgrades & Added Features$235862$202,625
Major Home Updates or Advancements$282862$243,150

It's important to understand that when you estimate your replacement cost of your home in the 55965 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 55965

Best Home & Auto Insurance Agencies in 55965

Housing Demographics for 55965

Population Review for 55965 Zip Code

For the city of Preston, the population within 55965 has increased to over 2,018 residents in population size. The current population total is 2,345. We have broken down the population based on race below. In 55965, there are over 1188 in male population and 1157 females.

PopulationValues
Total Population2,345
White Population2235
Black Population13
Hispanic Population32
Asian Population7
Hawaiian Population0
Indian Population2
Other Population10
Male Population1188
Female Population1157
Population Estimate2018

Household Data for 55965

The average number of homes in 55965 is around 1,019, there are an average of 2.26 per household. The average house value according to local real estate values is around $162,100. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,019
Persons Per Household2.26
Average House Value$162,100
Income Per Household$56125
Median Age44.3
Median Age Male44.1
Median Age Female44.6
55965 DetailsValues
StateMN
State Full NameMinnesota
City TypeP
City Alias Abbreviation
Area Code507
CityPreston
City Alias NamePRESTON
CountyFillmore
County FIPS045
State FIPS27
Time Zone6
Day Light SavingY
MSA
PMSA
CSA462
CBSA40340
CBSA_DIV
CBSA_TypeMetro
CBSA_NameRochester, MN
MSA_Name
PMSA_Name
RegionMidwest
DivisionWest North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses85
Number Of Employees669
Business First Quarter Payroll6784
Business Annual Payroll29350
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population186011
CBSA Division Population0
Congressional District01
Congressional LandArea11973.99
Delivery Residential893
Delivery Business37
Delivery Total1317
Preferred Last Line KeyY26126
Classification Code
Multi-County
CSA NameRochester-Austin-Winona, MN
CBSA_DIV_Name
City State KeyY26126
Land Area108.470000
Water Area0.028000
City Alias Code
City Mixed CasePreston
City Alias Mixed CasePreston
Box Count161
SFDU858
MFDU35
State ANSI27
County ANSI045
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationD
Finance Number267600
Unique ZIP Name
SSA State County Code24220
Medicare CBSA Code40340
Medicare CBSA NameRochester, MN
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseFillmore

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 […]

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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 […]