Home Insurance in Lamberton, Minnesota
The median home value in Lamberton is $96,000, 39% lower than the Redwood County median.
The typical home in Lamberton was built around 1951. About 64% of homes were built before 1960, about 19 points above Redwood County's 45%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Lamberton breaks down to 93% single-family homes and 5% apartments in buildings with 5+ units.
In Lamberton, about 44% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Lamberton has an owner-occupancy rate of 78% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
In Lamberton, 80% of homes are primarily heated with natural gas.
FEMA rates Redwood County's overall risk as Very Low, led by winter weather (Relatively Moderate). Redwood County had 4 active NFIP flood policies as of September 2026. See the full Redwood 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 | $96,000 |
|---|---|
| Median year built | 1951 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 44% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Redwood County | 4 |
| 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)