Home Insurance in Carver, Minnesota
With a median home value of $445,800, Carver is close to the Carver County median.
The typical home in Carver was built around 2007. About 14% of homes were built before 1960, about 3 points above Carver County's 11%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Carver is 93% single-family homes, 5% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Carver, about 74% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 93% of occupied homes in Carver are owner-occupied. The vacancy rate is 2%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
84% of homes in Carver are primarily heated with natural gas.
Carver County's top FEMA-rated hazard is strong wind (Relatively High), per FEMA's National Risk Index. Carver County had 107 active NFIP flood policies as of September 2026. See the full Carver County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Minnesota, the statewide average premium for a standard HO-3 homeowners policy is $1,988 per year (NAIC, 2023 data).
Key figures
| Median home value | $445,800 |
|---|---|
| Median year built | 2007 |
| Owner-occupied share | 93% |
| Share of owner-occupied homes with a mortgage | 74% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Carver County | 107 |
| 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)