Home Insurance Providers in Bingham Lake, MN
Home Insurance in Bingham Lake, MN
Home Insurance Rates in Bingham Lake, MN
- Home Insurance: Bingham Lake vs. U.S. [1]
-
- Minnesota residents collectively (all cities) paid average annual home insurance premiums of $845.
- This average premium in MN is
14% less than the national average of $978.
- Minnesota collectively (all cities) ranks 14th in the U.S. in home insurance rates.
Owner-Occupied Housing Units in Bingham Lake, MN
- Owner-Occupied Housing: Bingham Lake vs. U.S. [2]
-
- In Minnesota collectively (all cities), owner-occupied housing made up 71.4% of all housing units.
- This owner-occupied rate in MN is
12% greater than the national average of 63.9%.
- Minnesota collectively (all cities) ranks 3rd in the U.S. in share of housing that is owner-occupied.
Renters Insurance Rates in Bingham Lake, MN
- Rent Insurance Rates: MN vs. U.S. [3]
-
- Minnesota residents collectively (all cities) paid average rent insurance premiums of $141.
- This average rent insurance premium in Minnesota is
25% less than the national average of $187.
- Minnesota collectively (all cities) ranks 37th in the U.S. in rent insurance rates.
Renters Insurance Providers in Bingham Lake, MN
Liberty Mutual
- Get renters insurance for pennies a day.
- 24-Hour claims assistance.
- Protection from theft, fire, and more.
- Home computer and smartphone coverage.
USAA
- Get renters insurance for as little as $12 a month.
- Get replacement cost coverage for your items.
- Repair or replace your stolen or damaged property with items similar in quality and worth.
- Get a personalized quote based on your needs.
Home Ownership Costs in Bingham Lake, MN
Household Income Spent on Home Ownership Costs in Minnesota [4]
Minnesota residents (collectively, all cities) spent an average of 26.9% of household income on home ownership costs, which is
20% less than the national average of 33.7%.
Household Income Spent on Rent and Utilities in Minnesota [5]
Residents of Minnesota (collectively, all cities) spent an average of 45.3% of household income on rent and utilities, which is
6% less than the national average of 48.1%.
Additional information about Minnesota
About Bingham Lake
The city of Bingham Lake has a population of approximately 126 and is located in Cottonwood County in the state of Minnesota. [6]
Bingham Lake, MN Home Insurance
For more information about Bingham Lake Home Insurance, or for additional resources regarding home insurance overall, visit the Minnesota Department of Insurance.
Did you know?
In 2011, wind and hail were the leading cause of home insurance losses, totaling 46% of all losses in the U.S.
1. ^ United States Census Bureau (2009)
2. ^ U.S. Department of Commerce (2012)
3. ^ United States Census Bureau (2009)
4. ^ Insurance Information Institute (2012)
5. ^ Insurance Information Institute (2012)
6. ^ United States Census Bureau (2010)
