Home Insurance in Itasca County, Minnesota
With a median home value of $225,200, Itasca County is 32% lower than the Minnesota median.
The typical home in Itasca County was built around 1979. About 25% of homes were built before 1960, about 4 points below Minnesota's 29%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Itasca County, the housing stock is 83% single-family homes, 8% apartments in buildings with 5+ units and 8% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 54% of owner-occupied homes in Itasca County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 28%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 83% of occupied homes in Itasca County are owner-occupied.
41% of homes in Itasca County are primarily heated with natural gas. Homes heated with propane, fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Per FEMA's National Risk Index, Itasca County's top hazards are strong wind (Relatively High), inland flooding (Relatively Moderate) and winter weather (Relatively Low).
As of September 2026, Itasca County has 18 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
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 home value | $225,200 |
|---|---|
| Median year built | 1979 |
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 54% |
| Top hazards (FEMA National Risk Index) | Strong Wind (Relatively High), Inland Flooding (Relatively Moderate), Winter Weather (Relatively Low) |
| Active NFIP flood policies (county) | 18 |
| Home insurance premium | $1,988 - statewide average (NAIC, 2023 data) |
Towns and cities
- Bigfork
- Bovey
- Calumet
- Cohasset
- Coleraine
- Deer River
- Effie
- Grand Rapids
- Keewatin
- La Prairie
- Marble
- Nashwauk
- Squaw Lake
- Taconite
- Warba
- Zemple
Sources
- 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)