Home Insurance in Dover, Minnesota
Homes in Dover carry a median value of $305,200 - 8% lower than the Olmsted County median.
The typical home in Dover was built around 2001. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 18% of homes were built before 1960, in line with Olmsted County (19%).
Housing in Dover breaks down to 87% single-family homes and 3% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Dover, about 85% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Dover has an owner-occupancy rate of 88% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
80% of homes in Dover are primarily heated with natural gas.
FEMA rates Olmsted County's overall risk as Relatively Moderate, led by tornado (Relatively Moderate). Olmsted County had 173 active NFIP flood policies as of September 2026. See the full Olmsted County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Minnesota is $1,988 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $305,200 |
|---|---|
| Median year built | 2001 |
| Owner-occupied share | 88% |
| Share of owner-occupied homes with a mortgage | 85% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Olmsted County | 173 |
| 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)