Homeowners Insurance in Minot, ND

For a home at Minot's median value of $257,100, we estimate about $1,350 a year — −5% versus the North Dakota NAIC average of $1,414.

These are estimates, not quotes. Home figures are modeled from NAIC state averages, Census home values and FEMA hazard ratings for comparison only. We are not an insurance company or agency. How we estimate

Estimated homeowners insurance cost in Minot

Est. premium

$1,350

$113/mo · median home

Median home value

$257,100

North Dakota: $249,900

Median year built

1983

Census ACS

Owner-occupied

56.7%

of households

Hazard score

56.3

state ref. 67.4

Minot's estimate reflects its home values (3% higher than the state median) and FEMA's hazard profile for Ward County.

Natural hazard risk in Minot

FEMA National Risk Index — Ward County
Hazard	Risk rating	Score (0–100)	Insurance impact
Hail	Relatively Moderate	83.9	Comprehensive (car); roof claims (home)
Tornado	Relatively Moderate	66.1	Comprehensive; dwelling
Hurricane	Not rated	—	Comprehensive; wind/hurricane deductibles (home)
Inland (river) flooding	Relatively Low	41.9	Comprehensive; home needs a separate flood policy
Coastal flooding	Not rated	—	Comprehensive; home needs a separate flood policy
Strong wind	Relatively Moderate	61.3	Comprehensive; dwelling
Winter weather	Very High	98.9	Collision (icy roads); frozen pipes (home)
Wildfire	Relatively Low	79.4	Comprehensive; dwelling
Earthquake	Very Low	12.4	Home needs a separate earthquake policy
Lightning	Very Low	6.7	Fire and electrical damage

Scores are national percentiles of FEMA's county risk (higher means more expected loss than most other U.S. counties).

Estimated premium by home value in Minot

Dwelling value	Wood frame	Brick / masonry
$200,000	$1,105	$1,015
$300,000	$1,530	$1,405
$500,000	$2,300	$2,115
$750,000	$3,180	$2,925

Home Insurance Estimator

Estimated annual premium

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Homeowners insurance by ZIP code in Minot

ZIP	Median home value	Owner-occupied	Est. premium
58701	$277,800	60.6%	$1,435
58703	$263,200	61.0%	$1,375

Homeowners insurance in North Dakota · Car insurance in Minot · Insurance offices near Minot

Frequently asked questions

How much is homeowners insurance in Minot?

For a home at Minot's median value of $257,100, we estimate about $1,350 a year for a standard HO-3 policy with a $1,000 deductible. The North Dakota NAIC average is $1,414.

What are the biggest natural hazards in Minot?

FEMA's National Risk Index rates Ward County relatively high or very high for winter weather.

Does the age of homes in Minot affect insurance?

Yes. The median home in Minot was built in 1983 (Census ACS). Older roofs, wiring and plumbing can raise premiums or require inspections, while updates often earn discounts.

How we estimate this

We start from the NAIC average homeowners (HO-3) premium for North Dakota, scale it by the ratio of the dwelling value to the state median home value, adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for Ward County relative to the state. Results are rounded estimates, not quotes. Read the full methodology.

Sources used on this page