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Quickly Revew Homeowners Insurance in 55124

If you own a home in Saint Paul, MN you need a great homeowners policy to protect your home and possessions. Industry experts recommend shopping your homeowners insurance on a yearly basis to ensure that you are getting the best price and coverage levels.

GetHomeInsuranceQuotes.com can help you shop your coverage and find the best policy for your home in 55124 zip code. Our service is always free and we will gather quotes from up to 12 nationwide insurers so you can see all of your homeowners insurance options in one place. Our Minnesota licensed agents will also review your needs and make sure you have the appropriate coverage for your home.

If you want to see real savings on the cost of homeowners insurance start shopping GetHomeInsuranceQuotes.com right now. Get started by clicking the Get Multiple Quotes Now" button below, verify your 55124 and start comparing rates now.

55124 Homeowners Insurance Rates Are Considered: high!

The average rate for a standard homeowners policy in 55124 is $1163 according to industry data. We can help you achieve substantial savings by using our online quoting process to find the best policy for your specific home. We will also make sure you are fully covered. Insurance policies and coverage levels vary so it is key to fully understand your policy and what it covers as well as any coverage limitations.

We only deal with reputable, nationwide insurers so you can be confident that if you do need to make a claim it will be handled quickly and fairly. It’s time to start shopping for a new policy.

Get 55124 Home Insurance Rate Quotes Right Now!

You can easily compare rates for your home in ZIP starting an online quoting application to "get quotes". Or search additional Saint Paul, MN home insurance quotes in your local city and review the most competitive coverages and premiums.

55124 Home Insurance Average Premiums

Local 55124 homeowners insurance quotes comparison

$913 /yr.

Shows Zip Code: 55124 lowest rates with discounts applied on average.

For the 55124, 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)
$913 /yr.
Average Coverage:$1163 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1463 /yr.

What is the average home insurance cost for a home in 55124?

  • • The average homeowners insurance premium paid annually for a home in 55124 is around $1163 per year.

What does it cost on average per month for home insurance in 55124?

  • • Homeowners in 55124 pay a monthly average cost per month around $97.00.

What kind of discount could I get if I combine my home and auto insurance together in 55124?

  • • Autoowners in 55124 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Saint Paul area, check out other zip codes nearby 55124.
Review average rates in another zip code:
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55124 homeowners insurance rates

Home Replacement Cost Coverage in 55124

Average Building Cost Per Square Foot in 55124: $188

Location: Saint Paul, Minnesota (Dakota County)

Average Square Footage in 55124: 1,550 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 55124 before you start any project. Saint Paul homeowners pay on average around $188 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 55124 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 55124 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,550 sq. ft. and the average cost to rebuild the home in this area is around $188 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Saint Paul area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1881,550$291,400
Additional Upgrades & Added Features$2351,550$364,250
Major Home Updates or Advancements$2821,550$437,100

It's important to understand that when you estimate your replacement cost of your home in the 55124 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 55124

Sterner Insurance Agency

Address: 7373 147th St W Apple Valley, MN 55124
Phone: (952)432-1111
Website: www.sterner4insurance.com

Allstate Insurance - Westlund Insurance Agency

Address: 14835 Energy Way Apple Valley, MN 55124
Phone: (952)953-4099
Website:

Best Home & Auto Insurance Agencies in 55124

Sterner Insurance Agency

Address: 7373 147th St W Apple Valley, MN 55124
Phone:
Website: http://www.sterner4insurance.com
Info:

Brett McSparron Insurance

Address: 6670 150th St W, #105 Apple Valley, MN 55124
Phone:
Website: http://www.twincities.citysearch.com/profile/43239454/apple_valley_mn/brett_mc_sparron_insurance.html
Info:

Brian O'Neil Insurance Agency, . - Farmers Insurance

Address: 14863 Energy Way St Paul, MN 55124
Phone:
Website: http://www.twincities.citysearch.com/profile/external/603480472/apple_valley_mn/brian_o_neil_insurance_agency_farmers_insurance.html
Info:

Allstate Insurance - Westlund Insurance Agency

Address: 14835 Energy Way Apple Valley, MN 55124
Phone:
Website:
Info:

Grcevich- Gregory S

Address: 203 150th St W Apple Valley, MN 55124
Phone:
Website:
Info:

Housing Demographics for 55124

Population Review for 55124 Zip Code

For the city of Saint Paul, the population within 55124 has increased to over 58,664 residents in population size. The current population total is 56,353. We have broken down the population based on race below. In 55124, there are over 26992 in male population and 29361 females.

PopulationValues
Total Population56,353
White Population40552
Black Population5028
Hispanic Population4575
Asian Population3796
Hawaiian Population14
Indian Population277
Other Population2370
Male Population26992
Female Population29361
Population Estimate58664

Household Data for 55124

The average number of homes in 55124 is around 21,459, there are an average of 2.58 per household. The average house value according to local real estate values is around $291,400. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode21,459
Persons Per Household2.58
Average House Value$291,400
Income Per Household$91936
Median Age39.4
Median Age Male37.9
Median Age Female40.8
55124 DetailsValues
StateMN
State Full NameMinnesota
City TypeP
City Alias Abbreviation
Area Code952/651
CitySaint Paul
City Alias NameSAINT PAUL
CountyDakota
County FIPS037
State FIPS27
Time Zone6
Day Light SavingY
MSA5120
PMSA
CSA378
CBSA33460
CBSA_DIV
CBSA_TypeMetro
CBSA_NameMinneapolis-St. Paul-Bloomington, MN-WI
MSA_NameMinneapolis-St. Paul, MN-WI MSA
PMSA_Name
RegionMidwest
DivisionWest North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1043
Number Of Employees12946
Business First Quarter Payroll133367
Business Annual Payroll570197
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population3279833
CBSA Division Population0
Congressional District02
Congressional LandArea2437.91
Delivery Residential22738
Delivery Business779
Delivery Total26345
Preferred Last Line KeyY26254
Classification Code
Multi-County
CSA NameMinneapolis-St. Paul, MN-WI
CBSA_DIV_Name
City State KeyY26254
Land Area16.864000
Water Area0.679000
City Alias Code
City Mixed CaseSaint Paul
City Alias Mixed CaseSaint Paul
Box Count316
SFDU10995
MFDU4626
State ANSI27
County ANSI037
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number268360
Unique ZIP Name
SSA State County Code24180
Medicare CBSA Code33460
Medicare CBSA NameMinneapolis-St. Paul-Bloomington, MN-WI
Medicare CBSA TypeMetro
Market Rating Area ID8
County Mixed CaseDakota

Minnesota Homeowners Insurance News & Information

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    Travelers Insurance, which is one of the largest insurers in California, recently announced that they will be raising premiums by an average of 15% in the Golden State. This is just the latest rate increase or policy limitation by major insurance companies who blame the increases on spreading wildfire risks, inflation, and the cost of […]

  • Should I raise my deductible to $10,000 to help offset the cost of rising premiums? Posted on Wednesday 15th May, 2024

    According to industry reports, homeowners are raising their deductibles to $5,000 to $10,000 to help offset the cost of rising premiums.  While raising a deductible into the stratosphere will absolutely lower your homeowner insurance premium, it does mean that you will have to cover your deductible amount in the event you have to make a […]

  • Should I choose the minimum or maximum homeowners insurance coverage? Posted on Monday 13th May, 2024

    As homeowner insurance rates rise across the country, some homeowners are opting for policies that offer minimal coverage to keep their premiums affordable. Unfortunately, this choice will leave them at higher risk and in a position where they may have to pay more out of pocket if they have to make a claim on their […]