Home Insurance in Garvin, Minnesota
Homes in Garvin carry a median value of $66,100 - 67% lower than the Lyon County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The median home in Garvin was built in 1939 or earlier. About 90% of homes were built before 1960, about 56 points above Lyon County's 34%.
Housing in Garvin breaks down to 100% single-family homes.
29% of owner-occupied homes in Garvin carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Garvin has an owner-occupancy rate of 96% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
Most homes in Garvin - 88% - 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.
What's the biggest home insurance risk near Garvin? FEMA's National Risk Index points to winter weather (Relatively High) in Lyon County and Lyon County had 30 active NFIP flood policies as of September 2026. See the full Lyon 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 home value | $66,100 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 96% |
| Share of owner-occupied homes with a mortgage | 29% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Lyon County | 30 |
| 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)