Home Insurance in Williams, Minnesota
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Williams was built around 1991. About 34% of homes were built before 1960, about 17 points above Lake of the Woods County's 17%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Williams is 80% single-family homes and 20% mobile or manufactured homes.
About 11% of owner-occupied homes in Williams have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Williams has an owner-occupancy rate of 88% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
Most homes in Williams - 90% - are primarily heated with propane. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Lake of the Woods County's top FEMA-rated hazard is wildfire (Very Low), per FEMA's National Risk Index. Lake of the Woods County had 60 active NFIP flood policies as of September 2026. See the full Lake of the Woods 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 year built | 1991 |
|---|---|
| Owner-occupied share | 88% |
| Share of owner-occupied homes with a mortgage | 11% |
| Top county hazard | Wildfire (Very Low) |
| Active NFIP policies in Lake of the Woods County | 60 |
| 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)