Home Insurance in North Branch, Minnesota
With a median home value of $322,300, North Branch is 8% lower than the Chisago County median.
The typical home in North Branch was built around 1995. About 6% of homes were built before 1960, about 9 points below Chisago County's 15%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in North Branch is 86% single-family homes, 10% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In North Branch, about 72% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
North Branch has an owner-occupancy rate of 82% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
86% of homes in North Branch are primarily heated with natural gas.
What's the biggest home insurance risk near North Branch? FEMA's National Risk Index points to strong wind (Relatively Moderate) in Chisago County and Chisago County had 37 active NFIP flood policies as of September 2026. See the full Chisago 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 | $322,300 |
|---|---|
| Median year built | 1995 |
| Owner-occupied share | 82% |
| Share of owner-occupied homes with a mortgage | 72% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Chisago County | 37 |
| 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)