Home Insurance in Village of Minnetonka Beach, Minnesota
The median home value in Village of Minnetonka Beach is $2,000,000+.
The typical home in Village of Minnetonka Beach was built around 1987. About 32% of homes were built before 1960, about 4 points below Hennepin County's 36%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Village of Minnetonka Beach breaks down to 100% single-family homes.
About 67% of owner-occupied homes in Village of Minnetonka Beach have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 97% of occupied homes in Village of Minnetonka Beach are owner-occupied. The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Village of Minnetonka Beach, 85% 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 | $2,000,000+ |
|---|---|
| Median year built | 1987 |
| Owner-occupied share | 97% |
| Share of owner-occupied homes with a mortgage | 67% |
| 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)