Report: Minnesota’s home insurance rates rose 34% in 2025, the highest increase in the nation

By: Alyssa Chen

Outlets: Minnesota Reformer

Published: March 19, 2026

Words: 359

Last Updated: 1 day ago

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Home insurance rates in Minnesota increased 34% in 2025, the largest increase of any state, according to a report released Wednesday by insurance comparison website Insurify. The increase of nearly $900 has brought the state’s average annual premium to $3,530 at the end of 2025.

The upside: a better financial year for Minnesota home insurers in 2024 could mean that homeowners see a smaller rate hike in 2026. Insurify, which projected a 15% increase …

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