Home Insurance in Mayer, Minnesota
With a median home value of $342,700, Mayer is 24% lower than the Carver County median.
The typical home in Mayer was built around 2007. About 7% of homes were built before 1960, about 4 points below Carver County's 11%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Housing in Mayer breaks down to 100% single-family homes.
In Mayer, about 83% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 96% of occupied homes in Mayer are owner-occupied.
Most homes in Mayer - 87% - are primarily heated with natural gas.
Carver County had 107 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Relatively High). See the full Carver County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Minnesota is $1,988 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $342,700 |
|---|---|
| Median year built | 2007 |
| Owner-occupied share | 96% |
| Share of owner-occupied homes with a mortgage | 83% |
| 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
- New Germany
- Watertown
- Waconia
- Lester Prairie
- St. Bonifacius
- Norwood Young America
- Winsted
- Minnetrista
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)