Home Insurance in St. Bonifacius, Minnesota
With a median home value of $355,800, St. Bonifacius is 9% 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 St. Bonifacius was built around 1994. About 15% of homes were built before 1960, about 20 points below Hennepin County's 36%.
In St. Bonifacius, the housing stock is 89% single-family homes and 7% apartments in buildings with 5+ units.
About 82% of owner-occupied homes in St. Bonifacius have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 89% of occupied homes in St. Bonifacius are owner-occupied.
In St. Bonifacius, 91% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near St. Bonifacius? FEMA's National Risk Index points to tornado (Very High) in Hennepin County and Hennepin County had 959 active NFIP flood policies as of September 2026. See the full Hennepin 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 home value | $355,800 |
|---|---|
| Median year built | 1994 |
| Owner-occupied share | 89% |
| Share of owner-occupied homes with a mortgage | 82% |
| 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)