Gavop shows you how to buy homeowners insurance in Otsego, MN by estimating coverage, choosing the right deductible, contacting the best agents, understanding claim requirements, comparing cheap rates, using discount options and reading reviews.
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $63,000 | $50,000 | $50,000-$75,000 |
| 2 Bedroom | $137,500 | $120,000 | $125,000-$150,000 |
| 3 Bedroom | $215,000 | $190,000 | $200,000-$250,000 |
| 4 Bedroom | $226,000 | $210,000 | $200,000-$250,000 |
| 5 Bedroom | $272,000 | $250,000 | $200,000-$250,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$136 | $712 |
| Superior Protection Discount | -$85 | $763 |
| Fire & Security Discount | -$85 | $763 |
| Hail Resistant Roof Discount | -$25 | $822 |
| Newly Constructed Home Discount | -$229 | $619 |
| Low Deductible ($500) | High Deductible ($2500) | |||||
|---|---|---|---|---|---|---|
| Place | Example Claim Amount | Yearly Premium | Total Yearly Cost | Yearly Premium | Total Yearly Cost | Net Savings for High Deductible Plan |
| Wright County | $1,000 | $1,128 | $2,128 | $820 | $1,820 | $308 |
| Otsego, MN | $2,000 | $837 | $2,837 | $608 | $2,608 | $229 |
| Hanover, MN | $400 | $1,392 | $1,792 | $1,012 | $1,412 | $380 |
| Coon Rapids, MN | $700 | $1,031 | $1,731 | $749 | $1,449 | $282 |
| Chatham, MN | $300 | $1,507 | $1,807 | $1,095 | $1,395 | $412 |
| Orono, MN | $1,500 | $862 | $2,362 | $627 | $2,127 | $236 |
| Willernie, MN | $300 | $985 | $1,285 | $716 | $1,016 | $269 |
| Washington County, MN | $1,500 | $1,224 | $2,724 | $890 | $2,390 | $335 |
| Cold Spring, MN | $100 | $1,052 | $1,152 | $765 | $865 | $288 |
| Grasston, MN | $2,500 | $754 | $3,254 | $548 | $3,048 | $206 |
| Eden Valley, MN | $400 | $755 | $1,155 | $549 | $949 | $206 |
| Lakeland, MN | $700 | $1,275 | $1,975 | $926 | $1,626 | $348 |
| Home Insurance Company Otsego, MN | Homeowners Insurance Agency Otsego, MN | Address | Popularity Score | Distance from Otsego (miles) |
|---|---|---|---|---|
| State Farm | Cassandra Spear | 4205 Lancaster Ln N Ste 106, Plymouth, MN, 55441-1702 | 19.2 | |
| Travelers | Cox Insurance Associates Inc | 1639 Larpenteur Ave W Falcon Heights, Falcon Heights, MN, 55113 | 29.0 | |
| State Farm | Mary Cleary | 8500 Edinbrook Pkwy Ste C, Brooklyn Park, MN, 55443-3735 | 18.6 | |
| Travelers | Ab & J Insurance Services | 9405 36th Ave N, New Hope, MN, 55427 | 19.9 | |
| Liberty Mutual Independent | Twin City Group | 4500 Park Glen Rd Ste 400, Minneapolis, MN, 55416 | 26.1 | |
| Travelers | Insurance Advisors Inc | 15020 27th Ave N, Plymouth, MN, 55447 | 19.1 | |
| Allstate | Jacob Group Agency | 3211 Fernbrook Ln N, Plymouth, MN, 55447 | 18.8 | |
| State Farm | Juan Cervantes | 391 Ruth St N, Saint Paul, MN, 55119-4303 | 36.6 | |
| Travelers | Bass Lake Insurance Agency | 7600 Bass Lake Road Suite 109, New Hope, MN, 55428 | 18.8 | |
| Farmers | James Schmidt | 277 Coon Rapids Blvd Nw Ste 114, Coon Rapids, MN, 55433 | 19.0 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Minnesota | $199,700 | $1,192 | $820 | $1,700 | $880 |
| Wright County, MN | $211,500 | $1,142 | $770 | $1,580 | $810 |
| Otsego, MN | $199,600 | $847 | $620 | $1,190 | $570 |
| Hanover, MN | $275,700 | $1,409 | $1,000 | $1,930 | $930 |
| Coon Rapids, MN | $178,400 | $1,043 | $720 | $1,430 | $710 |
| Chatham, MN | $315,000 | $1,525 | $1,020 | $2,100 | $1,080 |
| Orono, MN | $563,700 | $873 | $640 | $1,210 | $570 |
| Willernie, MN | $145,300 | $997 | $690 | $1,430 | $740 |
| Washington County, MN | $264,300 | $1,239 | $900 | $1,750 | $850 |
| Cold Spring, MN | $162,400 | $1,065 | $760 | $1,470 | $710 |
| Grasston, MN | $96,700 | $763 | $550 | $1,080 | $530 |
| Eden Valley, MN | $96,800 | $764 | $550 | $1,090 | $540 |
| Lakeland, MN | $233,100 | $1,290 | $940 | $1,780 | $840 |