Home Insurance in Pine River, Minnesota
The median home value in Pine River is $180,400, 37% lower than the Cass County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Pine River was built around 1975. About 28% of homes were built before 1960, about 15 points above Cass County's 13%.
In Pine River, the housing stock is 57% single-family homes, 36% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
About 68% of owner-occupied homes in Pine River have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Pine River has an owner-occupancy rate of 49% and a vacancy rate of 15%; unoccupied homes typically need a different coverage form.
50% of homes in Pine River are primarily heated with natural gas.
Cass County's top FEMA-rated hazard is winter weather (Relatively Moderate), per FEMA's National Risk Index. Cass County had 8 active NFIP flood policies as of September 2026. See the full Cass 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 | $180,400 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 49% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Cass County | 8 |
| 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)