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56742 Homeowners Insurance Quotes & Coverage Options

If you are looking to lower the cost of your homeowners insurance policy you have come to the right place. We have helped thousands of shoppers in 56742 zip code find a great new policy that offers the coverage they need at a price they can afford.

GetHomeInsuranceQuotes.com makes shopping for a new policy in Oklee, MN quick and easy. Our rates are super competitive and our agents can advise you on what coverages you need in 56742.

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If you are ready to start shopping for a great policy simply click the "Get Multiple Quotes Now" button, enter 56742 and start shopping.

Quickly and Easily Compare Average Rates for 56742

You can easily compare rates for your home in ZIP starting an online quoting application to "get quotes". Or search additional Oklee, MN home insurance quotes in your local city and review the most competitive coverages and premiums.

Average Policy Rates in 56742

Homeowners in Oklee are paying roughly $1108 per year for a homeowners policy. We can help you shave up to 40 percent off of your current homeowners premium. Get started now and shop up to 12 insurance quotes from nationwide insurers right now.

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56742 Home Insurance Average Premiums

Local 56742 homeowners insurance quotes comparison

$858 /yr.

Shows Zip Code: 56742 lowest rates with discounts applied on average.

For the 56742, 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)		$858 /yr.
Average Coverage:$1108 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1408 /yr.

What is the average home insurance cost for a home in 56742?

  • • The average homeowners insurance premium paid annually for a home in 56742 is around $1108 per year.

What does it cost on average per month for home insurance in 56742?

  • • Homeowners in 56742 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 56742?

  • • Autoowners in 56742 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 Oklee area, check out other zip codes nearby 56742.
Review average rates in another zip code:
56742 homeowners insurance rates

Home Replacement Cost Coverage in 56742

Average Building Cost Per Square Foot in 56742: $188

Location: Oklee, Minnesota (Red Lake County)

Average Square Footage in 56742: 547 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 56742 before you start any project. Oklee 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 56742 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 56742 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 547 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 Oklee 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$188547$102,900
Additional Upgrades & Added Features$235547$128,625
Major Home Updates or Advancements$282547$154,350

It's important to understand that when you estimate your replacement cost of your home in the 56742 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 56742

Best Home & Auto Insurance Agencies in 56742

Housing Demographics for 56742

Population Review for 56742 Zip Code

For the city of Oklee, the population within 56742 has increased to over 560 residents in population size. The current population total is 834. We have broken down the population based on race below. In 56742, there are over 432 in male population and 402 females.

PopulationValues
Total Population834
White Population785
Black Population2
Hispanic Population18
Asian Population2
Hawaiian Population0
Indian Population15
Other Population2
Male Population432
Female Population402
Population Estimate560

Household Data for 56742

The average number of homes in 56742 is around 334, there are an average of 2.50 per household. The average house value according to local real estate values is around $102,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode334
Persons Per Household2.50
Average House Value$102,900
Income Per Household$63750
Median Age41.2
Median Age Male39.9
Median Age Female42.1
56742 DetailsValues
StateMN
State Full NameMinnesota
City TypeP
City Alias Abbreviation
Area Code218
CityOklee
City Alias NameOKLEE
CountyRed Lake
County FIPS125
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 Businesses20
Number Of Employees142
Business First Quarter Payroll885
Business Annual Payroll4038
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 District07
Congressional LandArea33429.31
Delivery Residential224
Delivery Business2
Delivery Total381
Preferred Last Line KeyY26015
Classification Code
Multi-CountyY
CSA Name
CBSA_DIV_Name
City State KeyY26015
Land Area109.577000
Water Area0.022000
City Alias Code
City Mixed CaseOklee
City Alias Mixed CaseOklee
Box Count127
SFDU213
MFDU11
State ANSI27
County ANSI125
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number267060
Unique ZIP Name
SSA State County Code24620
Medicare CBSA Code99924
Medicare CBSA NameRural Areas in MN
Medicare CBSA TypeMicro
Market Rating Area ID9
County Mixed CaseRed Lake

Minnesota Homeowners Insurance News & Information

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