Home Insurance in Norcross, Minnesota
The typical home in Norcross was built around 1981. About 49% of homes were built before 1960, about 4 points above Grant County's 45%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Norcross is 83% single-family homes and 17% mobile or manufactured homes.
57% of owner-occupied homes in Norcross carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Norcross has an owner-occupancy rate of 100% and a vacancy rate of 27%; unoccupied homes typically need a different coverage form.
In Norcross, 90% of homes are primarily heated with propane. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Norcross? FEMA's National Risk Index points to winter weather (Relatively Low) in Grant County and Grant County had 1 active NFIP flood policy as of September 2026. See the full Grant 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 year built | 1981 |
|---|---|
| Owner-occupied share | 100% |
| Share of owner-occupied homes with a mortgage | 57% |
| Top county hazard | Winter Weather (Relatively Low) |
| Active NFIP policies in Grant County | 1 |
| 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)