Home Insurance in Osseo, Minnesota
Homes in Osseo carry a median value of $306,500 - 22% lower than the Hennepin County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Osseo was built around 1968. About 32% of homes were built before 1960, about 4 points below Hennepin County's 36%.
The housing stock in Osseo is 47% single-family homes and 46% apartments in buildings with 5+ units.
About 69% of owner-occupied homes in Osseo have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Osseo has an owner-occupancy rate of 44% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
In Osseo, 65% of homes are primarily heated with natural gas.
Hennepin County had 959 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Very High). See the full Hennepin County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Minnesota, the statewide average premium for a standard HO-3 homeowners policy is $1,988 per year (NAIC, 2023 data).
Key figures
| Median home value | $306,500 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 44% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Hennepin County | 959 |
| 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)