Saint Joseph, MN Homeowners Insurance Rate Quotes!

If you are in need of lower rates for homes in the Saint Joseph area, then we have competitive rates available for all homeowners living nearby. We can compare up to 12 affordable Saint Joseph, MN rates and enhanced coverage options including coverage for fire, lightning, high winds, theft and falling objects like trees and power lines. A standard Saint Joseph, MN homeowners policy can certainly help protect your home, but you will need an additional coverage for flooding or even wind and hail damage depending on the location of your home. Our job at GetHomeInsuranceQuotes.com is to help you get the quotes you need all from one place. Our hassle free online home insurance quoting process will allow you to quickly see which companies have the best Saint Joseph home insurance rates available for your home. You can start by entering the zip code of your property address or you can give us a call now at 1-855-976-2656.

Average Saint Joseph Home Insurance Rates Review

In Saint Joseph, the average population size is around 6,534. There are over 6,082 occupied residents living within the Saint Joseph city limits. For home affordability, the average home value per zip code in Saint Joseph is around $194,600. The average homeowners insurance premium for a basic HO-3 policy is currently estimated around $1,087 per year, while the national average is at $1,311. You can get rates as low as $837 per year depending on the age of your home, the heated square footage and available discounts. If your homeowners insurance premium in Saint Joseph has increased due to claims history, construction type or coverage limits and your current rate is above the state average of $1,481, then you may want to shop your policy to see if we can provide more affodable rates. Let us help you evaluate your coverage options and get the lowest premium possible with the best coverage protection.

Compare Homeowners Insurance Rates in Saint Joseph, MN!

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Average Rates Nearby Saint Joseph

Are you looking for homeowners insurance in a city near Saint Joseph? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Saint Joseph, MN

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Saint Joseph.

56374,

Saint Joseph, MN Home Insurance Average Premiums

Local Saint Joseph, MN home insurance quotes comparison

$837 /yr.

Shows Saint Joseph's lowest average rates with discounts applied.

For the city of Saint Joseph, 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)	$837 /yr.
Average Coverage:	$1087 /yr.
2600 sq. ft. or higher (all discounts applied)	$1387 /yr.

What is the average home insurance cost for a home in Saint Joseph, MN?

• The average homeowners insurance premium paid annually for a home in Saint Joseph is around $1087 per year.

What does it cost on average per month for home insurance in Saint Joseph, MN?

• Homeowners in Saint Joseph pay an average cost per month around $91.00 for insurance coverage.

Saint Joseph, MN - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$296,469	$289,674
February	$296,569	$293,364
March	$298,177	$297,707
April	$300,153	$301,629

Homeowners insurance will help cover the cost to repair or replace your Saint Joseph home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Saint Joseph
Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.

Get up to 12 competitive Saint Joseph, MN homeowners insurance rates all in one place!

Saving Money Tips on Saint Joseph Home Insurance

A great way to save money on Saint Joseph homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Saint Joseph area? Check out what homeowners are paying on average for Minnesota homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation	Details	Homeowners Tips
1130 ft.	This is the average home elevation in Saint Joseph, MN	Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local Minnesota flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954.

To get online quotes on your home and compare rates on home insurance premiums in Saint Joseph, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Stearns County.

Minnesota Homeowners Insurance News & Information

Homeowners Now Use This Strategy To Save Money on Home Insurance. Is It a Good Idea? Posted on Wednesday 26th March, 2025
According to a new Market Watch article, homeowners who are struggling with the cost of higher homeowner insurance premiums are making the move to policies with higher deductibles to help lower their costs. While this strategy may work for some, it is not the best idea for everyone. Data from the Intercontinental Exchange (ICE) showed […]
Florida Homeowners With Insurance Are Struggling to Get Claims Paid – Why? Posted on Wednesday 19th March, 2025
According to a recent Moneywise article, homeowners with insurance coverage in Florida are struggling to get claims paid. Chad Zalva, a single dad in Riverview, Florida, was cited as an example in the article as a homeowner who is carrying homeowners insurance but was recently surprised to learn that the damage to his home from […]
2025 List of States Where Finding Home Insurance Is Most Difficult and Why Posted on Tuesday 11th March, 2025
Homeowners insurance is a necessity if you own a home, particularly if you are currently carrying a mortgage. Mortgage lenders require homeowners insurance to protect their investment in your home by always carrying homeowners insurance. If your insurance is cancelled or you are non-renewed it can be a huge problem. As wildfires and major windstorms […]
Will Citizens Policyholders See a Home Insurance Rate Decrease? Posted on Tuesday 11th March, 2025
Recently, Gov. Ron DeSantis announced that over 20% of Citizens property insurance policyholders will see a premium decrease of roughly 5.6%. DeSantis also claimed that almost 73% of homeowners who have a policy with Citizens in Miami-Dade County will see a rate reduction of 6.3% on average. The state-run insurer, Citizens Property is finally shedding […]
Can $600 Million Help Lower Florida Homeowners Insurance Rates? Posted on Friday 14th February, 2025
Family relax on the couch. Happy beautiful young parents are smiling, hugging and playing with them kids at home together Governor DeSantis recently asked the legislature for over $600 million to help lower homeowners insurance in his 2025-26 budget request. The budget proposal asks for $590 million to go towards the My Safe Florida Home […]

Saint Joseph, MN Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Saint Joseph so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Saint Joseph, MN?

- The average square footage in Saint Joseph is around 1,035 Sq. Ft. which would cost you around $194,600 to replace the home if you base the home on the price to build per square foot of $188.

Minimum Replacement Cost Total: $194,600

Location: Saint Joseph, Minnesota (Stearns County)

Average Building Cost Per Square Foot in Saint Joseph: $188 (low end)

Average Square Footage in Saint Joseph: 1,035 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$188	$194,600
Some Additional Upgrades	$235	$243,250
Major Home Updates or Advancements	$282	$291,900

Calculate Your Saint Joseph, MN Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($188) in Saint Joseph, Minnesota times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $587,500 (Media price to build of $235 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.