Home Insurance in Amboy, Minnesota
With a median home value of $134,400, Amboy is 50% lower than the Blue Earth County median.
The median home in Amboy was built in 1939 or earlier. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 73% of homes were built before 1960, about 41 points above Blue Earth County's 32%.
In Amboy, the housing stock is 87% single-family homes and 7% apartments in buildings with 5+ units.
45% of owner-occupied homes in Amboy carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Amboy has an owner-occupancy rate of 86% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
Most homes in Amboy - 82% - are primarily heated with natural gas.
What's the biggest home insurance risk near Amboy? FEMA's National Risk Index points to strong wind (Relatively High) in Blue Earth County and Blue Earth County had 75 active NFIP flood policies as of September 2026. See the full Blue Earth County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Minnesota carries a statewide average premium of $1,988 per year.
Key figures
| Median home value | $134,400 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 86% |
| Share of owner-occupied homes with a mortgage | 45% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Blue Earth County | 75 |
| Home insurance premium | $1,988 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)