Home Insurance in Clear Lake, Minnesota
The median home value in Clear Lake is $281,300, 22% lower than the Sherburne County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Clear Lake was built around 1996. About 22% of homes were built before 1960, about 13 points above Sherburne County's 9%.
In Clear Lake, the housing stock is 84% single-family homes and 7% apartments in buildings with 5+ units.
88% of owner-occupied homes in Clear Lake carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 84% of occupied homes in Clear Lake are owner-occupied.
Most homes in Clear Lake - 81% - are primarily heated with natural gas.
FEMA rates Sherburne County's overall risk as Relatively Low, led by strong wind (Relatively High). Sherburne County had 113 active NFIP flood policies as of September 2026. See the full Sherburne 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 | $281,300 |
|---|---|
| Median year built | 1996 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 88% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Sherburne County | 113 |
| 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)