Home Insurance in Hamburg, Minnesota
With a median home value of $239,900, Hamburg is 47% lower than the Carver County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Hamburg was built around 1968. About 37% of homes were built before 1960, about 26 points above Carver County's 11%.
Housing in Hamburg breaks down to 73% single-family homes and 12% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
74% of owner-occupied homes in Hamburg carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 10%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 74% of occupied homes in Hamburg are owner-occupied.
Most homes in Hamburg - 66% - are primarily heated with natural gas.
What's the biggest home insurance risk near Hamburg? FEMA's National Risk Index points to strong wind (Relatively High) in Carver County and 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.
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 | $239,900 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 74% |
| 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)