Home Insurance in Deer Creek, Minnesota
Homes in Deer Creek carry a median value of $120,800 - 56% lower than the Otter Tail County median.
The typical home in Deer Creek was built around 1954. About 52% of homes were built before 1960, about 25 points above Otter Tail County's 27%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Deer Creek, the housing stock is 77% single-family homes, 17% 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.
About 66% of owner-occupied homes in Deer Creek have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Deer Creek has an owner-occupancy rate of 79% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Deer Creek, 32% of homes are primarily heated with propane.
What's the biggest home insurance risk near Deer Creek? FEMA's National Risk Index points to winter weather (Very High) in Otter Tail County and Otter Tail County had 7 active NFIP flood policies as of September 2026. See the full Otter Tail 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 | $120,800 |
|---|---|
| Median year built | 1954 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 66% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Otter Tail County | 7 |
| 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)