Get multiple home insurance quotes in 56678. Our licensed 56678, MN agents are ready to serve you.

56678 Online Home Insurance Rates

Comparing a bunch of different rates for your home in 56678 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 Solway, 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 56678 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 Solway homeowners insurance rates, coverage options or home insurance types, please select Solway, MN Home Insurance Rates Online!

56678 Home Insurance Average Premiums

Local 56678 homeowners insurance quotes comparison

$853 /yr.

Shows Zip Code: 56678 lowest rates with discounts applied on average.

For the 56678, 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)
$853 /yr.
Average Coverage:$1103 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1403 /yr.

What is the average home insurance cost for a home in 56678?

  • • The average homeowners insurance premium paid annually for a home in 56678 is around $1103 per year.

What does it cost on average per month for home insurance in 56678?

  • • Homeowners in 56678 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 56678?

  • • Autoowners in 56678 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 Solway area, check out other zip codes nearby 56678.
Review average rates in another zip code:
56678 homeowners insurance rates

Home Replacement Cost Coverage in 56678

Average Building Cost Per Square Foot in 56678: $188

Location: Solway, Minnesota (Beltrami County)

Average Square Footage in 56678: 865 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 56678 before you start any project. Solway 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 56678 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 56678 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 865 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 Solway 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$188865$162,700
Additional Upgrades & Added Features$235865$203,375
Major Home Updates or Advancements$282865$244,050

It's important to understand that when you estimate your replacement cost of your home in the 56678 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 56678

Best Home & Auto Insurance Agencies in 56678

Housing Demographics for 56678

Population Review for 56678 Zip Code

For the city of Solway, the population within 56678 has increased to over 1,295 residents in population size. The current population total is 1,307. We have broken down the population based on race below. In 56678, there are over 687 in male population and 620 females.

PopulationValues
Total Population1,307
White Population1178
Black Population3
Hispanic Population18
Asian Population4
Hawaiian Population0
Indian Population26
Other Population11
Male Population687
Female Population620
Population Estimate1295

Household Data for 56678

The average number of homes in 56678 is around 512, there are an average of 2.55 per household. The average house value according to local real estate values is around $162,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode512
Persons Per Household2.55
Average House Value$162,700
Income Per Household$60750
Median Age40.5
Median Age Male40.4
Median Age Female40.5
56678 DetailsValues
StateMN
State Full NameMinnesota
City TypeP
City Alias Abbreviation
Area Code218
CitySolway
City Alias NameSOLWAY
CountyBeltrami
County FIPS007
State FIPS27
Time Zone6
Day Light SavingY
MSA
PMSA
CSA
CBSA13420
CBSA_DIV
CBSA_TypeMicro
CBSA_NameBemidji, MN
MSA_Name
PMSA_Name
RegionMidwest
DivisionWest North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses22
Number Of Employees286
Business First Quarter Payroll8628
Business Annual Payroll27978
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population44442
CBSA Division Population0
Congressional District08
Congressional LandArea27908.13
Delivery Residential508
Delivery Business10
Delivery Total553
Preferred Last Line KeyY26336
Classification Code
Multi-CountyY
CSA Name
CBSA_DIV_Name
City State KeyY26336
Land Area127.002000
Water Area1.964000
City Alias Code
City Mixed CaseSolway
City Alias Mixed CaseSolway
Box Count24
SFDU508
MFDU0
State ANSI27
County ANSI007
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number268760
Unique ZIP Name
SSA State County Code24030
Medicare CBSA Code99924
Medicare CBSA NameRural Areas in MN
Medicare CBSA TypeMicro
Market Rating Area ID7
County Mixed CaseBeltrami

Minnesota Homeowners Insurance News & Information

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