Average annual premium
$ 1,012 for $250k dwellingExplore Bankrate's review
Average annual premium
$ 1,012 for $250k dwellingExplore Bankrate's review
Of the Minnesota homeowners insurance companies in our analysis, Auto-Owners has some of the cheapest rates for home insurance coverage. But that does not mean homeowners have to sacrifice on coverage with Auto-Owners to maintain a low premium. Policyholders can choose several optional coverage to expand their policy, such as special personal property, home cyber protection, water backup of sewer or drains and equipment breakdown. Most notable is its inland flood coverage, which offers broad coverage for homeowners in low-to-moderate flood zones without the requirement of a separate NFIP flood insurance policy. However, if you are a shopper that values tech, there may be better options — while Auto-Owner’s does have a mobile app, customers don’t rate it very highly in the app store.