Report: MN home insurance rate rose more than any other state in first half of 2026
Minnesota home insurance rates rose steeply in the first six months of 2026, up 13% from the end of 2025, according to a report from insurance comparison website Insurify. Minnesotans continue to see the biggest rate increase in the country, with some counties seeing a spike of 20% in just six months. The increase of $457 brought the state’s average annual insurance premium to $3,987 as of June. In 2023, the state had insurance rates below the national average; rates have surged since then and now exceed the national average by over 30%, driven by hail and thunderstorms. Home ...