Gavop shows you how to buy homeowners insurance in Lake County, 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 | $60,500 | $50,000 | $50,000-$75,000 |
| 2 Bedroom | $83,500 | $70,000 | $75,000-$100,000 |
| 3 Bedroom | $133,000 | $120,000 | $125,000-$150,000 |
| 4 Bedroom | $213,500 | $190,000 | $250,000-$300,000 |
| 5 Bedroom | $264,500 | $250,000 | $250,000-$300,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$154 | $751 |
| Superior Protection Discount | -$90 | $814 |
| Fire & Security Discount | -$63 | $841 |
| Hail Resistant Roof Discount | -$27 | $878 |
| Newly Constructed Home Discount | -$226 | $679 |
| 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 |
| Lake County | $1,500 | $894 | $2,394 | $650 | $2,150 | $244 |
| Lake County, MN | $2,000 | $894 | $2,894 | $650 | $2,650 | $244 |
| Beaver Bay, MN | $400 | $1,124 | $1,524 | $817 | $1,217 | $307 |
| Lake No. 2, MN | $2,500 | $1,338 | $3,838 | $972 | $3,472 | $366 |
| Tofte, MN | $200 | $1,322 | $1,522 | $961 | $1,161 | $361 |
| Hoyt Lakes, MN | $1,500 | $563 | $2,063 | $409 | $1,909 | $154 |
| Fall Lake, MN | $200 | $1,674 | $1,874 | $1,216 | $1,416 | $457 |
| Morse, MN | $700 | $1,330 | $2,030 | $966 | $1,666 | $363 |
| Embarrass, MN | $100 | $808 | $908 | $587 | $687 | $221 |
| Pike, MN | $1,000 | $911 | $1,911 | $662 | $1,662 | $249 |
| Hay Lake, MN | $200 | $897 | $1,097 | $652 | $852 | $245 |
| Greenwood, MN | $700 | $1,510 | $2,210 | $1,097 | $1,797 | $413 |
| Home Insurance Company Lake County, MN | Homeowners Insurance Agency Lake County, MN | Address | Popularity Score | Distance from Lake County (miles) |
|---|---|---|---|---|
| Travelers | Ahrens Insurance Agency | 11 N Main, Aurora, MN, 55705 | 38.6 | |
| State Farm | Barry Bigelow | 23 Central Blvd, Babbitt, MN, 55706-1129 | 28.5 | |
| State Farm | Jeff Berquist | 27a Shopping Ctr, Silver Bay, MN, 55614-1148 | 16.8 | |
| State Farm | Don Sovil | 35 E Chapman St, Ely, MN, 55731-1227 | 34.0 | |
| Allstate | Tower-Soudan Agency | 415 Main St Po Box 499, Tower, MN, 55790 | 44.9 | |
| Travelers | Norshor Agency Inc | 98 Outer Dr, Silver Bay, MN, 55614 | 16.9 | |
| Travelers | Ahrens Insurance Agency | 11 North Main St, Aurora, MN, 55705 | 38.6 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Minnesota | $199,700 | $1,192 | $850 | $1,700 | $850 |
| Lake County, MN | $165,800 | $905 | $620 | $1,250 | $630 |
| Lake County, MN | $165,800 | $905 | $660 | $1,290 | $630 |
| Beaver Bay, MN | $183,100 | $1,138 | $760 | $1,630 | $870 |
| Lake No. 2, MN | $255,900 | $1,354 | $970 | $1,910 | $940 |
| Tofte, MN | $250,000 | $1,338 | $960 | $1,910 | $950 |
| Hoyt Lakes, MN | $65,500 | $570 | $420 | $810 | $390 |
| Fall Lake, MN | $362,900 | $1,694 | $1,200 | $2,420 | $1,220 |
| Morse, MN | $253,200 | $1,346 | $920 | $1,840 | $920 |
| Embarrass, MN | $106,900 | $818 | $580 | $1,120 | $540 |
| Pike, MN | $127,900 | $922 | $630 | $1,310 | $680 |
| Hay Lake, MN | $125,000 | $908 | $650 | $1,250 | $600 |
| Greenwood, MN | $316,200 | $1,528 | $1,080 | $2,090 | $1,010 |