Home Insurance in Shoreview, Minnesota
Homes in Shoreview carry a median value of $383,700 - 17% higher than the Ramsey County median.
The typical home in Shoreview was built around 1981. About 14% of homes were built before 1960, about 30 points below Ramsey County's 44%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Shoreview breaks down to 80% single-family homes, 17% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
58% of owner-occupied homes in Shoreview carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 2%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 80% of occupied homes in Shoreview are owner-occupied.
81% of homes in Shoreview are primarily heated with natural gas.
FEMA rates Ramsey County's overall risk as Relatively High, led by hail (Relatively High). Ramsey County had 447 active NFIP flood policies as of September 2026. See the full Ramsey 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 | $383,700 |
|---|---|
| Median year built | 1981 |
| Owner-occupied share | 80% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Ramsey County | 447 |
| 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)