Home Insurance in Twin Lakes, Minnesota
The typical home in Twin Lakes was built around 1972. About 27% of homes were built before 1960, about 24 points below Freeborn County's 52%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Twin Lakes is 45% single-family homes and 53% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 25% of owner-occupied homes in Twin Lakes have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Twin Lakes has an owner-occupancy rate of 84% and a vacancy rate of 18%; unoccupied homes typically need a different coverage form.
In Twin Lakes, 92% of homes are primarily heated with natural gas.
FEMA rates Freeborn County's overall risk as Relatively Low, led by strong wind (Relatively Moderate). Freeborn County had 18 active NFIP flood policies as of September 2026. See the full Freeborn 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 year built | 1972 |
|---|---|
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 25% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Freeborn County | 18 |
| 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)