Home Insurance in Victoria, Minnesota
The median home value in Victoria is $581,200, 28% higher than the Carver County median.
The typical home in Victoria was built around 2006. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 5% of homes were built before 1960, about 6 points below Carver County's 11%.
Housing in Victoria breaks down to 96% single-family homes and 3% apartments in buildings with 5+ units.
About 69% of owner-occupied homes in Victoria have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 94% of occupied homes in Victoria are owner-occupied.
Most homes in Victoria - 88% - 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.
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 | $581,200 |
|---|---|
| Median year built | 2006 |
| Owner-occupied share | 94% |
| Share of owner-occupied homes with a mortgage | 69% |
| 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)