Homeowners Insurance in Burnsville, Minnesota (2025)

Located about 15 miles south of Minneapolis, Burnsville, Minnesota, is a bustling suburb in this midwestern state. Whether homeowners are out enjoying the city’s many parks, ski hills, and other attractions or staying safe and warm inside their homes, their Minnesota homeowners insurance silently protects them from accidents and disasters.

Let’s examine what these Minnesotans can expect from their home insurance policies, like the average rate, requirements, and how they can lower their premiums. 

On average, home insurance in Burnsville costs about $2,279 annually, or about 15% above the state average of $1,926 annually. Although the average premium in this city is a bit above the average rate in the state, it’s important to keep in mind that these numbers are just that – averages. 

While averages can give us an idea of what homeowners in a specific location can expect from their premiums, these averages fail to consider the subjectivity of insurance. Premiums and policies are highly subjective and rarely stay the same from person to person. 

Your insurer will use several unique factors about you, your home, your location, and your policy when determining your premiums. Many of the factors they use help them assess your risk of filing a claim. If you’re at an above-average risk of filing a claim, you’ll likely pay higher premiums to compensate.

While your premiums are determined based on your risk of filing a claim, some simple details about your policy can significantly impact your premiums, too. For example, the amount of dwelling coverage you carry will directly impact your premiums.

Let’s see the margin by which premiums differ when dwelling coverage limits are adjusted. 

When dwelling coverage is adjusted by $100,000 in Burnsville, the average premium changes by $760 annually. However, these rates fail to account for the subjective factors used to calculate your homeowners insurance premiums. 

Insurers consider a range of factors when determining your premiums. Often, your claims history, credit history, and marital status can play a part. Characteristics of your home, like its replacement cost, age, construction materials, and attractive nuisances, can also influence your rates. Even still, things like crime rates and severe weather you experience in your city can play a part, too.

For example, if you live in an older home on Crystal Lake, you may pay above-average premiums because your home is prone to severe weather from the lake and damage to your home’s older bones. Additionally, since Burnsville ranks in the 25th percentile for property crime, meaning 75% of cities are safer from this type of crime, residents may pay above-average premiums. 

The best homeowners insurance in Burnsville, Minnesota, may come from an insurer like AAA, Travelers, or Farmers. These insurers offer some of the lowest base rates in the state while still providing excellent coverage. 

However, there’s no such thing as a single “best” policy that would work for every homeowner in Burnsville. Everyone has different needs when it comes to homeowners insurance, so finding the best policy is a matter of determining what best suits your needs. When determining what you value most from a policy, the hunt will likely require you to find a compromise between two things: cost and coverage.

If you’re on the hunt for a policy with high coverage limits and are interested in adding optional, additional coverages to your policy, it’s likely you value coverage over cost. Those people may find the best compromise by getting a policy with high coverage limits and higher premiums.

However, if you find yourself searching for the cheapest policy you can find, you probably value cost over coverage. If this is the case, the best policy for your needs may be a policy with minimal coverage limits, low base rates, and no additional coverage types. 

Residents in Burnsville, Minnesota, may want to consider binding a flood insurance policy due to their proximity to inland bodies of water and major rivers. The heavy snowfall of the winter season and snowmelt that accompanies it don’t help, either.

Since flood damage isn’t covered on your homeowners insurance policy, if you want coverage for flooding, you’ll need to bind a Minnesota flood insurance policy. 

Whether you value cost, coverage, or have a hard time compromising on either, getting the cheapest homeowners insurance in Burnsville doesn’t always mean getting the most bare-bones policy. While premiums vary from person to person, and the cheapest policy will be different for nearly every policyholder, there are a few ways you can lower your premiums, whatever they may be. 

Here are three ways you can get cheap home insurance in Burnsville:

While lowering your premiums doesn’t always mean sacrificing your coverage, doing so can alter your premiums significantly. Carrying minimal coverage limits on your policy can help you keep costs low, but it may also come at its own price. Remember that any costs exceeding your coverage limits will become out-of-pocket costs during the claims process.

One way to lower your premiums that isn’t quite as risky as lowering your coverage limits is to raise your deductible. Premiums and deductibles go hand in hand – while one rises, the other falls. Your deductible is the amount you’ll owe upfront during the claims process before receiving coverage, so make sure your deductible is still affordable. 

You can also utilize your insurer’s discounts to lower your premiums without touching your coverage limits or any future out-of-pocket costs. Insurers offer discounts for all sorts of reasons, like having a security system on your property, making clean energy swaps, or even being a military veteran.

As changes in the climate and other factors continue to cause homeowners insurance rates to rise, finding ways to lower your premiums can help you save room in your budget.

No, homeowners insurance isn’t required by law in Burnsville or anywhere else in Minnesota. Although maintaining a policy isn’t legally required, your lender will require you to have one if you pay for your home using a mortgage. 

If you fail to maintain a policy while you’re still making payments on your mortgage, your lender will get one for you. When your mortgage lender gets a policy for you, it’s called force-placed insurance, but it’s not something you want. 

Force-placed insurance often suits your mortgage lender’s needs, which is protecting your home without considering your budget, so it’ll likely be much more expensive than a policy you would select for yourself. 

Since many homeowners in Burnsville use a mortgage to pay for their homes, they maintain a homeowners insurance policy. Although insurance is highly subjective in many aspects, the standard types of coverage on a policy stay the same. Homeowners can change their coverage limits and opt for additional coverage types, but their policies will always contain the same base coverages. 

Dwelling coverage, one of the main components of your policy, covers the bones of your home should they suffer damage from a covered peril. So, if a fire damages your roof, walls, siding, windows, floors, HVAC unit, and doors, they’re covered with this part of your policy.

Other structures coverage helps cover the structures on your property that aren’t your main home. So, things like your shed, garage, fence, pool, and even your mailbox are covered by this part of your policy if a covered peril like vandalism damages them. 

Personal property coverage helps cover the things you store in your dwelling or other structures. Simply put, it covers your belongings stored on your property. So, if your electronics, clothing, electric lawnmower, gas-powered outdoor fire table, and guitar are stolen in a robbery, this part of your policy may help you replace them.

If your home is considered uninhabitable after damage from a covered peril, like a tornado, your loss of use coverage may help you pay for necessities while it’s being rebuilt. Loss of use coverage can help cover costs like groceries, temporary housing, pet boarding, storage unit fees, and other basics. 

Liability coverage can come to your rescue if you’re legally responsible for a guest’s injuries on your property or damage to someone else’s property in court. It can help cover your guest’s medical expenses and your legal fees. 

Medical payments coverage can help you cover a guest’s medical expenses if they suffer a minor injury on your property. Unlike liability coverage, this coverage can be used regardless of fault. It may help you cover things like dental work, ambulance rides, hospital stays, doctor’s visits, medications, diagnostic testing, and more. 

If you’re looking to get home insurance in Burnsville that best suits your needs, the first thing you need to do is gather quotes from several insurers. Luckily, we have a free, user-friendly quoting tool you can use right here at Clovered. Simply provide a few details about your home and let our tool work its magic to find you the best policies at the best prices.

If you have any questions about your quotes or homeowners insurance in general, you can contact one of our licensed insurance agents at 833-255-4117 or [email protected].