Home Insurance in Nassau, Minnesota
The median home value in Nassau is $55,000, 65% lower than the Lac qui Parle County median.
The median home in Nassau was built in 1939 or earlier. About 97% of homes were built before 1960, about 36 points above Lac qui Parle County's 60%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Nassau is 100% single-family homes.
29% of owner-occupied homes in Nassau carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Nassau has an owner-occupancy rate of 100% and a vacancy rate of 41%; unoccupied homes typically need a different coverage form.
82% of homes in Nassau are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Lac qui Parle County's overall risk as Very Low, led by winter weather (Relatively Moderate). Lac qui Parle County had 3 active NFIP flood policies as of September 2026. See the full Lac qui Parle 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 | $55,000 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 100% |
| Share of owner-occupied homes with a mortgage | 29% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Lac qui Parle County | 3 |
| 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)