Home Insurance in Wilmont, Minnesota
The median home value in Wilmont is $157,500, 20% lower than the Nobles County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Wilmont was built around 1951. About 62% of homes were built before 1960, about 20 points above Nobles County's 43%.
Housing in Wilmont breaks down to 95% single-family homes and 5% apartments in buildings with 5+ units.
35% of owner-occupied homes in Wilmont carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Wilmont has an owner-occupancy rate of 81% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Wilmont - 84% - are primarily heated with propane.
What's the biggest home insurance risk near Wilmont? FEMA's National Risk Index points to hail (Relatively Moderate) in Nobles County and Nobles County had 20 active NFIP flood policies as of September 2026. See the full Nobles 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 | $157,500 |
|---|---|
| Median year built | 1951 |
| Owner-occupied share | 81% |
| Share of owner-occupied homes with a mortgage | 35% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Nobles County | 20 |
| 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)