Home Insurance in Hutchinson, Minnesota
The median home value in Hutchinson is $229,600, 7% lower than the McLeod County median.
The typical home in Hutchinson was built around 1984. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 20% of homes were built before 1960, about 8 points below McLeod County's 28%.
The housing stock in Hutchinson is 64% single-family homes, 24% apartments in buildings with 5+ units and 6% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Hutchinson, about 59% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Hutchinson has an owner-occupancy rate of 69% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
67% of homes in Hutchinson are primarily heated with natural gas.
FEMA rates McLeod County's overall risk as Relatively Low, led by strong wind (Relatively Moderate). McLeod County had 38 active NFIP flood policies as of September 2026. See the full McLeod 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 | $229,600 |
|---|---|
| Median year built | 1984 |
| Owner-occupied share | 69% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in McLeod County | 38 |
| 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)