Home Insurance in Lake Lillian, Minnesota
With a median home value of $114,200, Lake Lillian is 53% lower than the Kandiyohi County median.
The typical home in Lake Lillian was built around 1963. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 47% of homes were built before 1960, about 18 points above Kandiyohi County's 29%.
In Lake Lillian, the housing stock is 88% single-family homes, 9% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
About 47% of owner-occupied homes in Lake Lillian have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Lake Lillian has an owner-occupancy rate of 84% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Lake Lillian, 56% of homes are primarily heated with propane.
What's the biggest home insurance risk near Lake Lillian? FEMA's National Risk Index points to strong wind (Relatively High) in Kandiyohi County and Kandiyohi County had 19 active NFIP flood policies as of September 2026. See the full Kandiyohi 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 | $114,200 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 47% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Kandiyohi County | 19 |
| 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)